Derek Christopher Lowe (born June 1, 1973) is an American former professional baseball pitcher. During his career, he played in Major League Baseball (MLB) for the Seattle Mariners, Boston Red Sox, Los Angeles Dodgers, Atlanta Braves, Cleveland Indians, New York Yankees, and Texas Rangers.
Lowe made his MLB debut in 1997. He threw a no-hitter for the Red Sox in 2002. In the 2004 post-season he had a 3–0 win–loss record as he helped lead Boston to its first World Series championship in 86 years.
Derek Lowe Net Worth is $50 Million
Net Worth: $50 Million
Date of Birth: Jun 1, 1973 (50 years old)
Place of Birth: Dearborn
Gender: Male
Height: 6 ft 5 in (1.98 m)
Profession: Baseball player
Nationality: United States of America
What is Derek Lowe’s Net Worth?
Derek Lowe is a retired American professional baseball player who has a net worth of $50 million. Derek Lowe earned his net worth as a pitcher in Major League Baseball for the Seattle Mariners, Boston Red Sox, Los Angeles Dodgers, Atlanta Braves, Cleveland Indians, New York Yankees, and Texas Rangers. He threw a no-hitter for the Red Sox in 2002 and helped Boston win their first World Series championship in 86 years in 2004.
Early years
Lowe attended Edsel Ford High School in Dearborn, Michigan, where he was a four-sport letterman in baseball, golf, soccer, and basketball. He was an All-League honoree in all four sports, and was a first-team all-state pick in basketball. Lowe committed to attend Eastern Michigan University on a basketball scholarship.
Baseball career
Minor leagues
The Seattle Mariners drafted Lowe in the eighth round of the 1991 MLB draft. He signed with the Mariners on June 7, 1991, forgoing his college scholarship. The Mariners immediately assigned him to their rookie league team, where he went 5–3 with a 2.41 earned run average (ERA) in 12 starts.
He spent the next several years working his way through several minor league teams: 1992 – Single-A Bellingham (7–3, 2.42 – 13 starts), 1993 – Single-A Riverside (12–9, 5.26, 26 starts), 1994 – Double-A Jacksonville (7–10, 4.94, 26 starts), 1995 – Double-A Port City (1–6, 6.08, 10 starts), 1996 – Triple-A Tacoma (6–9, 4.54, 16 starts).
Seattle Mariners
Lowe made his major league debut on April 26, 1997, working 3+2⁄3 innings in relief against the Toronto Blue Jays. He made his first major league start on May 27 against the Minnesota Twins, giving up four runs in five innings. His first career win came on June 6 against the Detroit Tigers, pitching 5+1⁄3 innings and giving up 3 runs in the Mariners’ 6–3 victory.
Seattle, however, was desperate for immediate bullpen help, and packaged Lowe and catcher Jason Varitek into a deal with the Boston Red Sox for Heathcliff Slocumb. The trade on July 31 by Mariner’s vice president Woody Woodward is considered one of the most lopsided in MLB history.
Contracts & Career Earnings
In January 2005, Lowe signed a four-year, $36 million contract with the Los Angeles Dodgers. And in 2009, he agreed on a four-year, $60 million deal with the Atlanta Braves.
Over his 16-season big league career, Derek Lowe earned nearly $110 million in salary alone.
Personal Life
Derek Lowe was married to his wife, Trinka, for seven years, and the couple had three children together. Carolyn Hughes, who covered the Dodgers for Fox Sports West, was suspended amidst a pending investigation into a potential relationship between her and Lowe during his tenure with the team. Shortly after, Lowe filed for divorce from Trinka, and Hughes’ husband filed for divorce. Carolyn ended her broadcasting career and she and Lowe continued their relationship. The two were married in December 2008.
Real Estate
In 2009, around the time he began playing for the Braves, Derek paid $3.45 million for a 5,500 square foot mansion on one of Atlanta’s most-desirable streets. He sold this home in 2012 for $2.8 million.
In 2006 Derek paid $730 thousand for a property in Fort Myers, Florida. Two years later he completed construction on an 8,000 square foot 5-bedroom mansion. He listed the mansion for sale in July 2017 for $4.5 million, ultimately accepting $2.85 million in June 2021.
