Big Papi's Big Fortune: David Ortiz [2023 Update]

David Ortiz is a Dominican-American former MLB hitter (DH) and first baseman who played for 20 seasons, mainly with Boston Red Sox.

Famous as Big Papi, Ortiz played baseball from 1997 to 2016. Thanks to his outstanding career, as of 2023, he holds a ginormous net worth of $55 million.

The former hitter played for teams like the Boston Red Sox and the Minnesota Twins.

Ortiz was the ten-time All-Star, a three-time World Series champion, and a seven-time Silver Slugger Award winner. 

Know more about Ortiz’s professional career, personal life, the gun shooting incident in 2019, and other details. Let’s start with quick facts.

Quick Facts

Net Worth, Income, & Earnings

David Ortiz is a legend when it comes to professional baseball. He played 14 seasons for the Boston Red Sox of the MLB.

Big Papi is a Dominican-born who played for two decades in MLB and has earned a handsome net worth.

As of 2023, David Ortiz has a net worth of $55 million. Throughout his career, he earned almost $160 in MLB salaries, with the highest annual earnings of $16 million in 2015 and 2016.

As his career took off, Ortiz earned more than $5 million yearly from his endorsement deals.

During his career, Ortiz endorsed companies like MasterCard, JetBlue, Coca-Cola, Buffalo Wild Wings, Dunkin’ Donuts, New Balance, and Marucci.

Dunkin’s Donuts, New Balance, and Kingsford Charcoal were the three major contracts he secured before ending pro baseball.

In 2019, David posed nude and semi-nude for the Kingsford Charcoal marketing campaign ‘Body By BBQ.’

Cecil and Prince Fielder were also featured in the campaign.

Not too long ago, Ortiz owned an 8,100-square-foot house in Weston, Massachusetts. He put the house on the market for sale in February 2019.

David sold it for $3.5 million in early 2021.

Business & Other Ventures

Ortiz is also involved in some significant business of his own.

In April 2007, the global sports brand Reebok debuted the Big Papi 10M Mid Baseball cleat that David used during the 2007 MLB All-Star Game in San Francisco, California.

David opened a ” Forty-Forty ” nightclub in his hometown in the Dominican Republic in October 2009.

However, not long after, rapper Jay-Z and his business partner Juan Perez sued Ortiz for trademark infringement.

They alleged that he stole the name from Jay-Z’s sports club chain in New York. The lawsuit was settled in March 2011.

Big Papi partnered with Rev Brands and launched his “Papi Cannabis” line of products in July 2022.

He stated that Cannabis helped him relax, sleep better, manage stress, and heal physically after a lifetime in baseball.

Along with Ortiz, other renowned celebrities were paid FTX, a cryptocurrency, for being the spokesperson in 2021.

FTX filed for bankruptcy in November 2022, wiping billions of dollars in customer funds.

David and all other spokespersons are sued for promoting unregistered securities through a class-action lawsuit.

Charity Works

The retired player cofounded David Ortiz’s Children’s Fund with his wife, Tiffany, in 2007.

Through this organization, he supports a range of his favorite causes and helps children from Boston to the Dominican Republic and beyond.

In 2008, David allowed his likeness to be used on a charity wine label, Vintage Papi.

Moreover, in 2016, he joined UNICEF Kid Power as a brand ambassador Kid Power Champion for a global mission in Burkina Faso.

In the 2017 roast, David raised over $335,000 for his Children’s Fund.