Mark Teixeira is a retired American professional baseball player who has an estimated net worth of $75 million. The former Major League Baseball (MLB) star built his wealth during a 14-year career that included stints with the Texas Rangers, Atlanta Braves, Los Angeles Angels and New York Yankees.
Teixeira became one of baseball’s most reliable switch-hitters and defensive first basemen. He earned three All-Star selections, five Gold Glove Awards and three Silver Slugger Awards during his career.
A major part of his fortune came from his MLB contracts. Teixeira earned an estimated $213 million in salary during his professional baseball career. His biggest contract was an eight-year, $180 million deal with the New York Yankees signed in 2008.
| Mark Teixeira Net Worth | $75 Million |
| Date of Birth | 1980 |
| Place of Birth | Annapolis, Maryland |
Mark Teixeira Salary
Mark Teixeira earned an estimated $213 million in MLB salary during his career.
His first major professional contract came after the Texas Rangers selected him fifth overall in the 2001 MLB Draft. He signed a four-year, $9.5 million contract with the Rangers.
Before joining the Yankees, Teixeira earned roughly $15 million from his time with the Rangers, Braves and Angels.
His largest financial deal came in December 2008 when he signed an eight-year, $180 million contract with the Yankees. The agreement made him one of the highest-paid position players in baseball at the time.
Teixeira also earned additional income through endorsement deals. His commercial partnerships included brands such as Nike and Bank of America.
His combination of long-term MLB earnings, endorsement income and financial management helped him build his estimated $75 million fortune.
Early Life
Mark Charles Teixeira was born in 1980 in Annapolis, Maryland, and grew up in Severna Park.
His father was a former Navy officer who instilled a strong work ethic in him from an early age. Teixeira attended Mount St. Joseph High School in Baltimore, where he excelled both academically and athletically.
He quickly became one of the most highly recruited young baseball players in the United States.
After high school, Teixeira accepted a scholarship to Georgia Tech. He played third base for the university and developed into one of the country’s top college baseball players.
In 2000, he won the Dick Howser Trophy, an award given to the top collegiate baseball player in the United States.
His performance at Georgia Tech helped establish him as one of the best prospects ahead of the 2001 MLB Draft.
MLB Career
The Texas Rangers selected Teixeira with the fifth overall pick in the 2001 MLB Draft.
He signed a four-year, $9.5 million contract and made his MLB debut in 2003.
Teixeira immediately showed why he had been considered a top prospect. He hit 26 home runs during his rookie season and quickly became an important part of the Rangers’ lineup.
During his first three seasons, he hit at least 20 home runs each year. His ability to hit from both sides of the plate made him particularly difficult for opposing pitchers.
In 2005, Teixeira earned his first All-Star selection. He also won a Silver Slugger Award and his first Gold Glove Award.
His combination of power and defense made him one of the premier first basemen in baseball.
Mark Teixeira and the Atlanta Braves
Teixeira’s time in Texas ended during the 2007 season.
After suffering an injury during a game against the Milwaukee Brewers, he declined a long-term contract extension from the Rangers. He was subsequently traded to the Atlanta Braves.
Teixeira made an immediate impact in Atlanta. He homered in each of his first three games, setting a franchise record.
His strong performances earned him National League Player of the Week and Player of the Month honors in August 2007.
However, his stay in Atlanta was relatively short.
Mark Teixeira With the Los Angeles Angels
In 2008, Teixeira was traded to the Los Angeles Angels of Anaheim.
He quickly became one of the team’s most important players. In just 54 games, he batted .358 with 13 home runs and 43 RBIs.
The Angels won 100 games that season and reached the playoffs, further increasing Teixeira’s value heading into free agency.
After the season, he became one of the most sought-after free agents in Major League Baseball.
Several teams were interested in signing the powerful switch-hitter, but the Yankees ultimately secured his services.
Mark Teixeira’s $180 Million Yankees Contract
In December 2008, Teixeira signed an eight-year, $180 million contract with the New York Yankees.
The deal included a $5 million signing bonus and a full no-trade clause.
Teixeira wore No. 25 with the Yankees as a tribute to his childhood hero, Don Mattingly. Mattingly’s famous No. 23 had already been retired by the team.
Teixeira justified the massive contract almost immediately.
During his first season in New York, he hit 39 home runs and drove in 122 runs. He also won both the Gold Glove and Silver Slugger Awards.
He finished second in American League MVP voting behind Joe Mauer.
Most importantly, Teixeira helped the Yankees win the 2009 World Series, adding a championship to his career achievements.
Achievements
Teixeira finished his career with impressive statistics and numerous individual awards.
He was selected to three All-Star Games and won five Gold Glove Awards for his defensive excellence.
He also won three Silver Slugger Awards.
One of the most impressive aspects of his career was his consistency as a switch-hitter. Teixeira became one of the most productive hitters of his generation while also establishing himself as an elite defensive first baseman.
In 2010, he hit three home runs in a game at Fenway Park against the Boston Red Sox. He became only the second Yankees player to accomplish the feat at the historic stadium after Lou Gehrig.
In 2011, Teixeira 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.
Teixeira retired in 2016 with 409 career home runs and more than 1,300 RBIs.
What Did Mark Teixeira Do After Baseball?
After retiring from MLB, Teixeira remained involved in baseball through television and business.
He has worked as an ESPN baseball analyst, offering commentary and analysis on MLB games and players.
His post-playing career has allowed him to remain connected to the sport while pursuing other business interests.
Teixeira has also continued to focus on philanthropy through his charitable foundation.
Charitable Work
Teixeira and his wife, Leigh Williams, are co-founders of the Mark Teixeira Charitable Fund.
The foundation supports education through scholarships in the Dallas-Fort Worth area.
The fund provides six scholarships worth $5,000 each to students from three high schools.
Teixeira also established a scholarship at Mount St. Joseph High School in memory of a close friend who died in a fatal car accident.
His charitable efforts have allowed him to give back to communities connected to his life and career.
Personal Life
Mark Teixeira is married to Leigh Williams. The couple has three children: daughter Addison Leigh and sons William Charles and Jack Gordan.
Teixeira has largely kept his family life away from the spotlight while maintaining a public career through baseball broadcasting and philanthropy.
His family has also been connected to his charitable work, particularly through the Mark Teixeira Charitable Fund.
Real Estate
Real estate has also been part of Teixeira’s financial portfolio.
In 2005, he purchased an approximately 8,500-square-foot estate in Westlake, Texas.
He put the property on the market in 2007 after being traded to the Atlanta Braves. When it failed to sell, he converted it into a rental property.
Teixeira later listed the home again in 2012 and once more in 2018 for approximately $4.2 million. After another unsuccessful attempt to sell the property, it was eventually auctioned without a reserve.
The property sold in June 2018 for an undisclosed amount.
In March 2009, Teixeira and his wife purchased a mansion in Greenwich, Connecticut, for $6.7 million.
The couple later sold the property in August 2021 for $7 million.
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