What Is Alex Smith’s Salary And Net Worth Following His Severe Injury

Football is one of America’s most celebrated sports, if not her most celebrated. As a result, players of the game are heftily rewarded financially for putting their bodies on the line in service of the country’s premier entertainment source. As a player in one of the most critical positions in football, Alex Smith has earned a considerable net worth for himself.

His net worth, which is one of the most significant among current players in the NFL, has been accrued over more than a decade of playing in the league, setting records both in his teams and the NFL as a whole.

Here is a look at Alex Smith’s net worth in detail, as well as his salary as a football player.

Alex Smith’s Net Worth

According to several quarters, Alex Smith has amassed a total net worth of $55 million since he decided to pursue a professional career as a football player.

He joined the NFL in 2005, having found success in college with the University of Utah, where he helped his team to the Liberty Bowl and the Fiesta Bowl.

While the bulk of his net worth has come via his salary as a quarterback in the NFL, Alex Smith has earned his wealth through additional sources of income like endorsement deals and real estate investments.

Check out a more detailed breakdown of his income below.

What Is Alex Smith’s Salary?

Football, being a very physical sport, means a long career in it can be an arduous task. However, to those who can achieve longevity in NFL, like Alex Smith, who has spent more than 13 years and 15 seasons in the league, the financial implications, particularly in terms of salary, can be highly rewarding.

Alex began his NFL career with a six-year $49.5 million contract that fetched him $500,000 in salary in his first year. He also earned $2 million in roster bonus and an additional $1 million in signing bonus.

Over the course of eight seasons spent with the San Francisco 49ers, he averaged over $1.5 million in annual salary.

After getting traded to the Kansas City Chiefs, he signed a four-year $68 million contract with the team, earning up to $11 million in salary. He spent five seasons with the Chiefs before he was traded to the Washington Redskins in 2018, where he signed a four-year $94 million contract extension with the team.

READ   Understanding Jay Z's Net Worth, Career Successes and How He Spends His Money

Alex Smith’s Net Worth Following His Severe Injury

Alex Smith has maintained his overall net worth of $55 million since he suffered a horrific injury in a game for the Redskins in November 2018.

He has been able to do so with a guaranteed $55 million following the signing of his new contract. He earned $40 million in his first year and a further $15 million in 2019.

Alex Smith net worth
Alex Smith continues to earn millions since he got injured

So far, Alex Smith has built his $55 million net worth from earning more than $89 million in salary and more than $161.4 million in total earnings, including signing, roster, and other bonuses, making him one of the 25-highest earning players in the history of the National Football League.

Other Sources of Income

Endorsements Deals

Alex Smith might not command the same popularity and influence as other notable quarterbacks in the league like Tom Brady, but he has earned a couple of endorsement deals of his own, boosting his overall net worth in the process.

The entire portfolio of his endorsement deals are unknown, but some of the significant deals include Nike and Advocare, both of which reportedly fetch him more than $1 million in income per year.

He also earns through the sale of memorabilia, appearance fees, and sponsorships, all of which help him maintain his status as one of the highest-earning football players in the National Football League.

See Also: 15 Richest NFL Players In The World Right Now And Their Net Worth

Real Estate

Alex Smith is a smart man, having earned a bachelor’s degree in economics within two years of college and began a master’s degree before graduation. There is no doubt that he has a robust investment portfolio, through which he is increasing his wealth. Unfortunately, very little is known about the details.

His real estate investments, however, have a lot more presence in the news. Following his trade to the Washington Redskins, he sold his Kansas City house in Monte Sereno for $4 million, fetching almost $400,000 in profit, having bought it for $3.6 million.

He currently lives in a $4 million mansion with his wife, Elizabeth Barry, and their three children.

Adeola Seun
Adeola Seun
Seun is a CCNA certified graduate of FUTA. He has been writing on various subjects that include finance, economics, celebrity net worth, lifestyle, biographies and politics for over 7 years, Other than writing, he enjoys movies, video games, and sports

Recommended

11 Male Stars You Didn’t Know Had Plastic Surgery

Hollywood stars are always fighting to be the best at everything, and that's why they do everything possible to make headlines especially through a...

The Net Worth of These Young Celebrities Will Leave You Envious

How relieving it is to be born with a silver spoon. You grow up not having to worry about finances with almost everything you...

The Untold Story Behind Mark Zuckerberg’s Wife Priscilla Chan, Kids and Huge Net Worth

Mark Zuckerberg is an American billionaire, computer programmer, and entrepreneur who has a net worth of $104 billion. He is most popular for being...

The Truth About Mike Tyson’s Wife, Children and Net Worth

The name Mike Tyson quickly calls to mind boxing rings and knockouts. Mike Tyson was a famed boxer who though now retired had made...

Understanding Tyga Net Worth and His Relationship With Kylie Jenner and Blac Chyna

What is Tyga's net worth? Tyga is an American singer, songwriter, actor, TV personality and of the most uniquely talented rappers in the international music...

Coming 2 America Cast Members: What are Their Net Worth and Where are They Now?

It is no longer news that the iconic Hollywood film, Coming 2 America, is a 2021 movie that serves as a sequel to the...

How Much Do Strippers Make?

Beer, vodka, or wine of your choice, and a girl to play with you for a while at under $100; that's what the average...

What is Elin Nordegren Net Worth and How Much Did She Receive as Divorce Settlement From Tiger Woods?

Were it not for a chance encounter with a star golf player back in the year 2000, Elin Nordegren would most likely have skirted...

Mohammed bin Salman Net Worth and All The Ways He Made His Money

Even if you are not particularly interested in Middle East politics, you would still have come across the name of Mohammed bin Salman due...

Understanding Miley Cyrus Net Worth and Relationship With Ex Husband, Liam Hemsworth

Born Destiny Hope Cyrus on November 23, 1992, Miley Cyrus is an American pop singer, songwriter and actress who has a net worth of...

John Paul DeJoria Net Worth and How He Went From Homelessness To Making Billions

John Paul DeJoria may not be as popular as the Bill Gates and Warren Buffetts of this world but his exploits are no less...

Featured Today

Cole Beasley Biography – How Tall is He and Who is The Wife Krystin Beasley?

Cole Beasley is one American wide receiver with a knack for finding the soft spot in zone coverage and can as a matter of...

Joel Osteen – Divorce Rumours, Wife & Net Worth

Over 7 million viewers weekly and more than 20 million monthly in over 100 countries across the globe tune in to listen to American...

These 5 Facts Are Everything You Should Know About Katherine Pine

There are quite a few reasons why Katherine Pine would be a notable name in the media. First, she had a brief acting career...

Brad Zibung – 6 Things To Know About Sarah Spain’s Husband

Despite his stellar résumé and colossal success in the business world, Brad Zibung is best recognized as a celebrity spouse. Professionally, the sports enthusiast...

Mohammed bin Salman Net Worth and All The Ways He Made His Money

Even if you are not particularly interested in Middle East politics, you would still have come across the name of Mohammed bin Salman due...

Related Stories