Derek Jeter is taking a pay cut, but his new contract is still worth a ton of money -- especially when it is compared to the rest of us.
If the Yankees superstar were paid for working 40 hours a week, his paycheck would break down to $1,442 per hour -- 200 times Florida's $7.25 per hour minimum wage.
Even by professional sports standards, Jeter is doing well in his possible twilight. His newly reduced salary remains 37 times the minimum wage required by Major League Baseball, which stands at $400,000, according to MLB.com.
Jeter's $51 million dollar jackpot comes just in time for Christmas. And it could put a lot of unique toys under (or near) the tree.
He'll earn enough money over the next three years to buy a used airliner or a fleet of 600 Mercedes Benz sedans. If that's not a bold enough statement, he could bid on the HMS Invincible, a retired British aircraft carrier that is currently up for sale.
( Here is a link if you're interested.)
At least some of the some of Jeter's money will be spent in the Tampa Bay area.
Construction continues on Davis Islands, where Jeter is building a nearly 22,000 square foot waterfront castle. The home, nearly the size of some grocery stores, has seven bedrooms and nine bathrooms, according to Hillsborough property records.
Jeter toured the home Tuesday night.
FOX 13 / WTVT-TV
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