Cincinnati Bengals linebacker Joe Burrow’s net worth is expected to be approximately $10 million in 2023. Joe Burrow’s income is built on lucrative contracts, brand endorsement partnerships and business ventures. And now it’s official: Burrow has inked a long-awaited, record-breaking, and massive long-term contract. He just broke Internet and NFL records with a $275 million contract extension. This is the biggest deal in NFL history. Even so, the contract won’t go into effect until 2025, so Burrow will continue to play under his rookie contract in the meantime.
Joe Burrow Net Worth and Salary
Joe Burrow’s net worth is believed to be approximately $10 million, as previously reported. Burrow was a standout player at Louisiana State University before making his NFL debut. There, he won the coveted Heisman Trophy and was instrumental in winning the College Football Playoff National Championship in 2020. In 2022, Burrow’s leadership was instrumental in leading the Bengals to their first Super Bowl in 34 years.
As for the contract, Burrow’s rookie contract with the Bengals is a four-year deal with a fifth-year option. The total value of the deal is $36.19 million, with a 100% full guarantee upon signing. The contract included a $23.88 million signing bonus and an annual salary of $9.04 million.
Joe Burrow’s contract details
Joe Burrow showed everything the Cincinnati Bengals hoped for when he was selected first overall in the 2020 NFL Draft. According to a source familiar with the deal who spoke on condition of anonymity because financial terms were not officially disclosed, the Bengals on Thursday solidified their commitment to Burrow’s future with a five-year with a contract extension worth $275 million, making him the highest-paid player in NFL history.
ESPN first reported this historic development. Burrow’s new contract pushes him past the previous record holder, Los Angeles Chargers running back Justin Herbert, who signed a five-year, $262.5 million deal in July. Burrow’s outstanding leadership and play led the Bengals to Super Bowl 56. With Burrow at the helm, Cincinnati won back-to-back AFC North championships and advanced to the AFC Championship game twice in the last two seasons.
Career earnings
Joe Burrow has earned $36.17 million from the NFL so far. The total consisted of $3.22 million in salary, a $23.88 signing bonus, a $9.01 player bonus and $56,389 in incentives. Joe Burrow’s profits through lucrative brand partnerships with industry leaders such as Nike, Bose, Guinness, Kroger Health, Cash App, Buffalo Wild Wings and Coca-Cola, made possible through their energy drink brand BodyArmor, are in addition to his NFL earnings- in. In addition, he signed a multi-year contract with the Fanatics, which was signed just hours before his historic selection as the first overall pick in the 2020 NFL Draft. This contract allows him to sell memorabilia from his illustrious college career at LSU, adding another facet to his successful efforts off the field.
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Source: vcmp.edu.vn