Derek Lowe Net Worth

Date:

Derek Lowe's Net Worth as of 2024
$60 Million


Derek Christopher Lowe was born on 1 June 1973, in Dearborn, Michigan USA, and is a retired professional baseball player, best known to play as a pitcher in Major League Baseball (MLB) for numerous teams throughout his career which was active from 1997 to 2013. All of his efforts helped put his net worth to where it is today.

How rich is Derek Lowe? As of late-2017, sources estimate a net worth that is at $60 million, mostly earned through success in professional baseball, including helping lead the Boston Red Sox to their first World Series in 86 years. As he continues his endeavors, it is expected that his wealth will also continue to increase.

Derek Lowe Net Worth $60 million

Derek attended Edsel Ford High School, and during his time there played baseball, soccer and basketball, as well as golf, achieving honors in all of them. After matriculation, he agreed to attend Eastern Michigan University on a basketball scholarship.

However, in 1991 Lowe was selected in the 1991 MLB draft by the Seattle Mariners during the eighth round, so he would forego his college scholarship and joined the Mariners rookie league team.

In the next few years, he would work with various minor league teams, before eventually making his major league debut in 1997, however, with the Mariners desperate for bullpen help, he was traded to the Boston Red Sox. He had difficulties during his first two seasons with Boston, but his skills started to show when he was transferred to the closer’s role, and led the American League in saves in 2000 with 42. He then had problems as he had no role to fill in 2001, but was put back in the starting rotation in 2002 and would finish third in the CY Young Award voting, after becoming the first pitcher to achieve a no hitter at Fenway Park since 1965. In 2004, he would lead the Red Sox to the postseason where they would win both the American League Division Series and American League Championship Series, and then their first World Series in 86 years, defeating the St. Louis Cardinals.

In 2005, Derek signed a $36 million, four-year contract with the Los Angeles Dodgers which increased his net worth significantly; he pitched his second no hitter in the same year. After the 2009 season, he then signed a four-year $60 million deal with the Atlanta Braves which raised his net worth even further. The following year, he would become one of only two active players to have played more than 12 seasons without going on the disabled list; he would go on to perform exceptionally with the Braves until he was traded in 2011 to the Cleveland Indians, recording his first shutout the following year. In 2012, he then signed with the New York Yankees, and was part of the roster until their loss in the ALCS after which he became a free agent. He then signed a minor league contract with the Texas Rangers, but would go on to play in the majors for a few more months before officially announcing his retirement.

For his personal life, it is known that Lowe’s first marriage to Trinka in 1998 lasted for seven years, and they had three children. The marriage ended in divorce following an affair with broadcaster Carolyn Hughes who was also married at that time. The two filed for divorce from their respective spouses, and eventually married in 2008. Lowe has had controversies at some points of his career including driving under the influence, and alleged domestic violence.

Daniel Wanburg
Daniel Wanburg
As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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