Mark Teixeira Net Worth

What is Mark Teixeira's net worth and salary?

Mark Teixeira is a retired American professional baseball player who has a net worth of $75 million. Mark Teixeira played 14 seasons from 2003 to 2016, earning a reputation as one of the game's most consistent switch-hitters and elite defensive players. After starring at Georgia Tech, Teixeira was drafted fifth overall by the Texas Rangers in 2001 and made an immediate impact, hitting 26 home runs as a rookie in 2003. He became a key power hitter for the Rangers, posting multiple 30-home-run seasons and earning his first All-Star selection in 2005. Midway through 2007, he was traded to the Atlanta Braves, then to the Los Angeles Angels the following year.

In 2009, Teixeira signed an eight-year, $180 million contract with the New York Yankees, helping lead the team to a World Series title that same season. That year, he hit 39 home runs, drove in 122 runs, and finished second in AL MVP voting. Over his career, Teixeira earned three All-Star selections, five Gold Gloves, and three Silver Slugger Awards. Known for his professionalism and leadership, he retired in 2016 with 409 career home runs and more than 1,300 RBIs. Since retiring, Teixeira has worked as an ESPN analyst and remained active in philanthropy and business ventures.

Contracts, Salaries & Career Earnings

During his MLB career, Mark Teixeira earned an estimated $213 million in salary alone. His largest payday came from the eight-year, $180 million contract he signed with the New York Yankees in December 2008, which at the time was one of the richest deals ever given to a position player. Before that, he earned roughly $15 million combined during stints with the Texas Rangers, Atlanta Braves, and Los Angeles Angels. In addition to his on-field earnings, Teixeira made several million more from endorsement deals with brands like Nike and Bank of America. Thanks to his long-term Yankee contract and smart financial management, Teixeira retired as one of the highest-earning first basemen in baseball history.

Early Life

Mark Teixeira was born in Annapolis, Maryland, in 1980 and raised in the nearby community of Severna Park. From an early age, he showed exceptional athletic ability and a strong work ethic instilled by his father, a former Navy officer. Teixeira attended Mount St. Joseph High School in Baltimore, where he excelled both academically and athletically. A standout on the varsity baseball team, he earned multiple all-state honors and became one of the most heavily recruited high school players in the country. After graduation, he accepted a scholarship to Georgia Tech, where he became a star third baseman. In 2000, Teixeira won the Dick Howser Trophy, awarded to the nation's top collegiate baseball player, solidifying his reputation as one of the best amateur prospects in the game.

Career

Teixeira was selected fifth overall in the 2001 MLB Draft by the Texas Rangers and signed a four-year, $9.5 million contract, one of the largest ever given to a draft pick at the time. He debuted in 2003 and immediately made an impact, showcasing rare power from both sides of the plate. Over his first three seasons, he hit 20 or more home runs each year, becoming just the third switch-hitter in MLB history to accomplish that feat. In 2005, he earned both the Silver Slugger Award for the league's best-hitting first baseman and his first Gold Glove for defensive excellence.

In 2007, after suffering an injury during a game against the Milwaukee Brewers, Teixeira declined a long-term extension from the Rangers and was traded mid-season to the Atlanta Braves. He made an explosive debut in Atlanta, homering in his first three games—a franchise record—and earning National League Player of the Week and Player of the Month honors that August. The following year, he was traded to the Los Angeles Angels of Anaheim, where he batted .358 with 13 home runs and 43 RBIs in just 54 games, helping lead the team to a 100-win season and a playoff berth.

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Following the 2008 season, Teixeira became one of the most sought-after free agents in baseball. He signed an eight-year, $180 million contract with the New York Yankees that included a $5 million signing bonus and a full no-trade clause. In his first season with the Yankees, he wore number 25 as a tribute to his childhood hero Don Mattingly, whose number 23 had been retired. Teixeira delivered one of the best seasons of his career in 2009, hitting 39 home runs with 122 RBIs, earning both Gold Glove and Silver Slugger Awards, finishing second in American League MVP voting, and helping the Yankees capture the World Series championship.

Teixeira continued to be a cornerstone of the Yankees lineup in the years that followed, adding another Gold Glove in 2010 and achieving several historic milestones. In a 2010 game against the Boston Red Sox, he became only the second player in Yankees history—after Lou Gehrig—to hit three home runs in one game at Fenway Park. In 2011, he and teammate Curtis Granderson became the first pair of Yankees since Roger Maris and Mickey Mantle in 1961 to each hit 30 home runs within the team's first 115 games. Known for his consistency, leadership, and professionalism, Teixeira retired in 2016 as one of the most accomplished switch-hitters of his generation.

Personal Life and Real Estate

He is married to Leigh Williams, and they have three children: a daughter, Addison Leigh, and two sons, William Charles and Jack Gordan.

Teixeira and his wife are the co-founders of the Mark Teixeira Charitable Fund. This Foundation supports six scholarships, worth $5,000 each, in the Dallas/Fort Worth area for three high schools. He has also set up a scholarship at Mount St. Joseph High School in memory of a dear friend who met with a fatal car accident.

In 2005, Mark bought an 8,500-square-foot estate in Westlake, Texas. He listed this home for sale in 2007 after being traded to the Atlanta Braves. He didn't find a buyer, so he made the property a rental. He listed it for sale again in 2012, but again did not find a buyer. He listed it again in 2018 for $4.2 million. After not finding a buyer this time, he auctioned the home with no reserve. The home was finally sold in June 2018 for an undisclosed price.

In March 2009, Mark and Leigh paid $6.7 million for a mansion in Greenwich, Connecticut. They sold this home in August 2021 for $7 million.

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