Derek Jeter forgoing salary in Marlins’ coronavirus battle

Derek Jeter forgoing salary in Marlins’ coronavirus battle

Derek Jeter is giving up his salary as Miami Marlins CEO indefinitely while the team deals with the financial fallout of the coronavirus, a source confirmed.

Jeter, who was voted into the Baseball Hall of Fame in January, earns a $5 million salary from the Marlins. The retired shortstop became part-owner of the Marlins in 2017. The team on Monday informed its baseball operations employees they would receive their current rate of pay through the end of next month — and that members of the organization’s executive team have also taken pay cuts.

This comes a day after reports surfaced — including from The Post’s Joel Sherman — that MLB commissioner Rob Manfred was planning to suspend Uniform Employee Contracts (UEC), which would allow teams to furlough employees or cut salaries.

Some teams, including the Atlanta Braves, San Francisco Giants and Philadelphia Phillies, have already let non-playing employees covered by the UEC know that they will be paid through May.

Other organizations, though, might not follow suit.

The famously cash-strapped Marlins might figure to be one of them, but Jeter’s move on Monday likely helps.

Jeter, 45, made over $265 million over his 20-year career with the Yankees. He is set to be induced into the Baseball Hall of Fame in Cooperstown in July, but the ceremony is very much in doubt, given the COVID-19 crisis that has forced the cancellation or postponements of public gatherings.

He also took part in the “All In Challenge” to raise money for food for those in need during the pandemic. He donated his 2014 All-Star jersey to be auctioned. The bidding was up to $27,000 as of Monday.

“Look, there’s a lot of people struggling out there to put food on the table,” Jeter said of the donation. “Whether it’s kids, the elderly, or our heroes on the front line, we all need to come together to help out as much as we can.”

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