In 2023, Cincinnati Bengals quarterback Joe Burrow’s net worth is estimated to reach around $10 million. Joe Burrow’s earnings are based on lucrative contracts, brand endorsement relationships, and business enterprises.
And now it’s official: Burrow has signed a long-awaited, record-breaking, and lucrative long-term contract. With a $275 million contract deal, he just broke the internet and NFL records. This is the biggest transaction in NFL history. However, the contract will not take effect until 2025, meaning Burrow will continue to play under his rookie contract in the meantime.
Joe Burrow’s Net Worth & Salary
As previously stated, Joe Burrow’s net worth is estimated to be around $10 million. Before making his NFL debut, Burrow was a standout at Louisiana State University. There, he won the Heisman Trophy and helped the team win the 2020 College Football Playoff National Championship. Burrow’s leadership was vital in helping the Bengals to their first Super Bowl appearance in 34 years in 2022.
Burrow’s rookie contract with the Bengals is a four-year arrangement with a fifth-year option. The total amount of the transaction is $36.19 million, with 100% guaranteed upon signing. The contract featured a $23.88 million signing bonus and a yearly salary of $9.04 million.
Joe Burrow Contract Details
Joe Burrow has shown to be all the Cincinnati Bengals hoped for after being chosen first overall in the 2020 NFL Draft. The Bengals solidified their commitment to Burrow’s future on Thursday with a five-year, $275 million contract extension, according to a source familiar with the deal who spoke on the condition of anonymity because financial terms were not officially disclosed.
ESPN was the first to break the news of this historic event. Burrow’s new deal moves him above the previous record-holder, Los Angeles Chargers quarterback Justin Herbert, who agreed to a five-year, $262.5 million contract in July.
The Bengals won Super Bowl 56 thanks to Burrow’s exceptional leadership and play. Cincinnati has won consecutive AFC North championships and advanced to the AFC championship game twice in the last two seasons under Burrow’s leadership.
Career Earnings
So far, Joe Burrow has earned $36.17 million from the NFL. The total amount included $3.22 million in salary, $23.88 in signing bonuses, $9.01 in roster bonuses, and $56,389 in incentives. Joe Burrow’s earnings from lucrative brand collaborations with industry heavyweights including Nike, Bose, Guinness, Kroger Health, Cash App, Buffalo Wild Wings, and Coca-Cola, made possible by their energy drink brand BodyArmor, are in addition to his NFL earnings.
In addition, he signed a multi-year contract with Fanatics only hours before his historic selection as the first overall pick in the 2020 NFL Draft. This arrangement allows him to sell memorabilia from his stellar collegiate career at LSU, adding to his brisk off-field activities.
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