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Jeter Must Work Two Innings to Pay Tax on Farewell Gifts

It’ll take Derek Jeter two innings of work to pay taxes that may be due on gifts the retiring New York Yankees’ captain received during his farewell tour.

Jeter, who was paid $12 million this season and more than $265 million in his career, will owe about $16,000 in state and federal taxes on the gifts, which included golf clubs, wine, vacation packages, two sets of cowboy boots and a kayak, according to Rob Raiola, a certified public accountant who specializes in sports and entertainment.