Cincinnati Bengals quarterback Joe Burrow’s net worth is expected to be approximately $10 million in 2023. Joe Burrow’s income has been built on lucrative contracts, brand endorsement partnerships, and company ventures. And now it’s official: Burrow has landed the long-awaited, record-breaking, and hefty long-term deal. He just smashed the internet and NFL records with a $275 million contract extension. This is the biggest deal in NFL history. Nonetheless, the contract won’t go into effect until 2025, so Burrow will continue to play under his rookie contract in the interim.
Joe Burrow’s Net Worth & Salary
Joe Burrow’s net worth is believed to be approximately $10 million, as previously stated. Burrow was a great player at Louisiana State University before making his NFL debut. There, he won the coveted Heisman Trophy and was instrumental in clinching the 2020 College Football Playoff National Championship. In 2022, Burrow’s leadership was critical in leading the Bengals to their first Super Bowl trip in 34 years.
In terms of contract, Burrow’s rookie deal with the Bengals is a four-year agreement with a fifth-year option. The overall value of the deal is $36.19 million, with 100% completely guaranteed upon signing. The deal included a $23.88 million signing bonus and a $9.04 million yearly salary.
Joe Burrow Contract Details
Joe Burrow has shown to be all 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 the condition of anonymity because financial terms were not officially disclosed, the Bengals solidified their commitment to Burrow’s future on Thursday with a five-year, $275 million contract extension, making him the highest-paid player in NFL history.
ESPN was the first to report on this historic development. Burrow’s new contract pushes him over the previous record-holder, Los Angeles Chargers quarterback Justin Herbert, who signed a five-year, $262.5 million deal in July. Burrow’s outstanding leadership and play propelled the Bengals to Super Bowl 56. With Burrow at the helm, Cincinnati has won consecutive AFC North championships and advanced to the AFC championship game twice in the last two seasons.
Career Earnings
Joe Burrow has made $36.17 million from the NFL thus far. The whole sum was made up of $3.22 million in salary, $23.88 in signing bonuses, $9.01 in roster bonuses, and $56,389 in incentives. Joe Burrow’s profits via lucrative brand partnerships with industry heavyweights such as Nike, Bose, Guinness, Kroger Health, Cash App, Buffalo Wild Wings, and Coca-Cola, enabled through their energy drink brand BodyArmor, are in addition to his NFL earnings. In addition, he has signed a multi-year deal with Fanatics, which was signed only hours before his historic selection as the first overall choice in the 2020 NFL Draft. This agreement permits him to sell memorabilia from his illustrious collegiate career at LSU, adding another facet to his booming off-field endeavors.
