Jim Palmer, born in 1945, began his professional baseball career in 1965 with the Baltimore Orioles. A native of New York, Palmer was signed as an amateur free agent and quickly made his mark in the minor leagues, showcasing his impressive pitching skills.

Palmer’s breakthrough came in 1966 when he was called up to the major leagues. He made his debut on April 8, 1966, against the Boston Red Sox, pitching a complete game and earning his first major league win. This was just the beginning of a stellar career that would see Palmer become one of the most famous pitchers in baseball history.

Jim Palmer’s Current Net Worth (2025)

As of 2025, Jim Palmer’s current net worth is estimated to be around $15 million. This figure takes into account his earnings from his baseball career, broadcasting, and various business ventures.

Jim Palmer’s Career

Jim Palmer is a former Major League Baseball (MLB) pitcher who played for the Baltimore Orioles from 1965 to 1984. He was a three-time World Series champion and a two-time Cy Young Award winner. Palmer was inducted into the Baseball Hall of Fame in 1990.

Other Ventures

After retiring from baseball, Palmer pursued a career in broadcasting, working as a color commentator for MLB games on NBC and later for the Orioles on MASN. He also has a line of sports memorabilia and has written several books, including “Palmer’s Pals: Life Lessons from the Pitching Mound.”

Assets

Palmer’s assets include his home in Rehoboth Beach, Delaware, valued at around $2 million, as well as several luxury cars, including a Cadillac Escalade and a BMW M6. He also owns a stake in a minor league baseball team, the Frederick Keys.

Annual Income

As a broadcaster, Palmer earns an annual salary of around $500,000. He also makes money from his book sales, endorsements, and speaking engagements. His total annual income is estimated to be around $1 million.

Frequently Asked Questions about  Jim Palmer

Frequently Asked Questions: Jim Palmer Net Worth

1. What is Jim Palmer’s net worth?

Jim Palmer’s net worth is estimated to be around $15 million.

2. How did Jim Palmer make his money?

Jim Palmer made his fortune primarily through his successful career as a Major League Baseball (MLB) pitcher. He played for the Baltimore Orioles for 19 seasons, winning three World Series titles and two Cy Young Awards.

3. What is Jim Palmer’s annual salary during his MLB career?

Jim Palmer’s annual salary during his MLB career varied, but in his peak years, he was making around $1 million per year.

4. What are some of Jim Palmer’s endorsement deals?

Throughout his career, Jim Palmer has endorsed various products, including Jockey underwear, which he has been associated with for over 30 years. He has also done endorsement work for companies like Coca-Cola, General Mills, and General Motors.

5. What is Jim Palmer’s broadcasting career like?

After retiring from baseball, Jim Palmer pursued a career in broadcasting. He has worked as a color commentator for the Baltimore Orioles on MASN and has also done work for TBS and Fox Sports.

6. Does Jim Palmer have any business ventures?

Yes, Jim Palmer has invested in various business ventures, including restaurants and real estate. He is also a partner in a sports marketing and management firm called SportsMark.

7. What is Jim Palmer’s philanthropic work like?

Jim Palmer is involved in several charitable causes, including the Jimmy Fund, which supports cancer research and care at the Dana-Farber Cancer Institute. He also supports other causes like the Boys & Girls Clubs of America and the Alzheimer’s Association.

8. How many World Series titles has Jim Palmer won?

Jim Palmer won three World Series titles with the Baltimore Orioles in 1966, 1970, and 1983.

9. How many Cy Young Awards has Jim Palmer won?

Jim Palmer won two Cy Young Awards, in 1973 and 1975.

10. What is Jim Palmer’s career record as a pitcher?

Jim Palmer’s career record as a pitcher is 268-152 with an earned run average (ERA) of 2.86. He also has 2,212 career strikeouts.