IFWT_Jeter2

Derek Jeter has received some great gifts from opposing teams on his farewell tour this year (you remember that dope $34k watch that Cano gave him right?!), but unfortunately it could end up costing him in the end.
Besides the fact that he can afford it — I’m pretty sure The Captain will care less — everything he’s going through right now is priceless!! #RE2PECT
Hit the jump for details…

 

GameTimeGirl

 

 

Via BR:

…the 40-year-old needs to be prepared to pay some hefty taxes on the “free” gifts. The Chicago Tribune wrote that Jeter could end up owing around $16,000 in state and federal taxes on his farewell gifts. Anyone who thought that Jeter was getting all of this stuff for free is mistaken because he’s going to have to hand over a nice pile of money to the government.

The estimated value of the gifts and the tax bill takes into account what Jeter has received so far. The Yankees could very well present him with more gifts as he wraps up the final homestand of his career, and the Boston Red Sox are expected to honor their longtime rival with presents in his final trip to Fenway Park this weekend.

Of course, Jeter can afford the tax that comes along with the gifts. According to Baseball-Reference.com, he is making $12 million in 2014 and has made more than $265 million in his 20-year career.