What is the Net Worth of Josh Allen?
Josh Allen is an American football quarterback who currently plays for the Buffalo Bills in the National Football League (NFL). He was drafted 7th overall by the Bills in the 2018 NFL Draft after playing college football at the University of Wyoming.
Allen has emerged as one of the top young quarterbacks in the NFL and led the Bills to the playoffs in 2019 and 2020. His success on the field has led many to wonder – what is Josh Allen’s net worth?
Josh Allen’s Early Life and College Career
Josh Allen was born on May 21, 1996 in Firebaugh, California. He attended Firebaugh High School where he played football, basketball and baseball. Allen was lightly recruited out of high school and ultimately chose to attend Reedley College, a junior college near Fresno, California.
After two successful seasons at Reedley, Allen transferred to the University of Wyoming. He became the starting quarterback for the Cowboys in 2016. Allen had a breakout junior season in 2017, throwing for 3,203 yards with 28 touchdowns and just 6 interceptions.
He also rushed for 767 yards and 12 touchdowns. His performance garnered national attention and put him on the radar as a high-potential NFL Draft prospect.
Josh Allen’s NFL Draft Profile
- Drafted: 1st round, 7th overall in 2018 by the Buffalo Bills
- Position: Quarterback
- College: University of Wyoming
- Height: 6’5”
- Weight: 237 pounds
Despite Allen’s physical talents and upside, he was considered a raw prospect coming out of college. The Bills believed in his potential and selected him 7th overall in the 2018 NFL Draft.
Josh Allen’s NFL Career With the Buffalo Bills
Josh Allen was named the starting quarterback of the Bills heading into his rookie NFL season. It was a rocky beginning, as Allen completed just 52.8% of his passes with 10 touchdowns and 12 interceptions in 12 games played.
Allen showed progression in his second season in 2019. He increased his completion percentage to 58.8% and threw for 3,089 yards with 20 touchdowns and 9 interceptions. The Bills went 10-6 and made the playoffs as a Wild Card team.
In 2020, Allen had a true breakout year and established himself as one of the best young quarterbacks in the league. He passed for 4,544 yards with 37 touchdowns and just 10 interceptions, while also rushing for 421 yards and 8 touchdowns. The Bills won their first AFC East title since 1995 with a 13-3 record. Allen was selected to his first Pro Bowl.
Josh Allen’s Accolades and Achievements
- 2018 – NFL Draft 1st round pick (7th overall)
- 2019 – NFL passer rating leader (107.2)
- 2020 – Pro Bowl selection, NFL passing touchdowns leader (37)
- 2021 – Signed 6-year, $258 million contract extension with Bills
Allen has led the Bills to the playoffs in three of his first four NFL seasons. He continues to improve each year and has become one of the most dangerous dual-threat quarterbacks in the league.
What is Josh Allen’s Net Worth?
According to multiple reports, Josh Allen’s net worth is estimated to be approximately $25 million as of 2023. Here is a breakdown of his earnings throughout his football career:
- NFL Contracts: Allen’s rookie contract was a 4-year, $21 million deal featuring a $13 million signing bonus. This included a fifth year team option. In 2021, Allen signed a massive 6-year, $258 million contract extension with $150 million guaranteed with the Bills through 2028.
- Endorsements and Sponsorships: As Allen’s profile has risen, he has signed lucrative endorsement deals with companies like New Era, Nike, Pepsi, Panini America and more. He reportedly earns over $1 million annually from endorsements.
- Other Income: Allen has likely earned income from signing bonuses, performance incentives, and other business ventures.
Considering his lucrative long-term contract and growing endorsement portfolio, Josh Allen’s net worth should continue rising dramatically in the coming years as he solidifies himself as a top NFL quarterback.
Table of Josh Allen’s Reported Career Earnings
| Year | Earnings |
|---|---|
| 2018 | $3.8 million |
| 2019 | $1.1 million |
| 2020 | $4.4 million |
| 2021 | $258 million contract, $30 million signing bonus |
| Total | $297.3 million |
What is Josh Allen’s Salary?
Here is a breakdown of Josh Allen’s reported salary earnings so far in his NFL career:
- 2018: $480,000 base salary on rookie deal
- 2019: $1.1 million base salary
- 2020: $4.4 million base salary
- 2021: $10.9 million base salary
- 2022: $16 million base salary
Allen’s massive contract extension in 2021 made him one of the highest paid players in NFL history. His deal averages $43 million per year, with annual base salaries escalating each season:
- 2023: $31 million
- 2024: $39 million
- 2025: $41 million
- 2026: $44 million
- 2027: $47 million
At just 26 years old, Allen is set to earn over $240 million in base salary alone from 2022 to 2028. When accounting for bonuses and incentives, he could eclipse $300 million in career earnings over the next 7 seasons with the Bills.
What is Josh Allen’s Game Check Salary?
For the 2022 NFL season, Josh Allen’s per game check works out to approximately:
- Base Salary: $16 million
- Number of Games: 17 regular season games
- Per Game Check: $941,176
So Allen earns nearly $1 million per game! With playoff bonuses and incentives, that per game amount can be even higher. Over his five year contract extension, Allen’s average per game check will exceed $2.5 million.
How Does Josh Allen’s Salary Compare to Other NFL Players?
Josh Allen’s $43 million average annual salary makes him the second highest paid quarterback in the NFL behind only Green Bay’s Aaron Rodgers. Here is a comparison of top QB salaries:
- Aaron Rodgers, Packers: $50.3 million
- Josh Allen, Bills: $43 million
- Patrick Mahomes, Chiefs: $45 million
- Deshaun Watson, Browns: $46 million
- Kyler Murray, Cardinals: $46.1 million
Allen’s salary also ranks in the top 10 among all NFL players, surpassing contracts signed by stars like Jonathan Taylor, Joey Bosa and DeAndre Hopkins. Only Allen, Rodgers and Mahomes make over $40 million per year.
Thanks to his long-term Buffalo contract, Josh Allen has joined the ranks of the highest paid quarterbacks and become one of the wealthiest young players in the NFL.
Josh Allen’s Contract Details and Guarantees
In August 2021, Josh Allen signed a massive 6-year, $258 million contract extension to remain with the Buffalo Bills through 2028. Here are the key details of the record-setting deal:
- Total value: $258 million over 6 years
- Average annual value: $43 million – 2nd highest in NFL
- Guaranteed at signing: $150 million
- Total guarantees: Up to $161 million
- Free agency: Set to hit free agency again in 2029 at age 33
The contract made Allen one of the top 3 highest paid QBs in annual average value behind only Aaron Rodgers and Patrick Mahomes. The 6 year duration also gives Allen long-term stability in Buffalo.
With the huge guarantees, injury protection, and contractual clauses, Allen is set to earn over $150 million regardless of performance or injury issues. The Bills are investing in Allen as the franchise cornerstone for years to come.
How Much Could Josh Allen Earn With Incentives?
Allen’s contract contains additional performance-based incentives that allow him to boost his total compensation beyond the $258 million base value.
Some potential contract incentives:
- $500k for making the Pro Bowl
- $500k for being named First Team All Pro
- $1 million for winning NFL MVP
- Playoff and Super Bowl bonuses
If Allen continues to play at an elite level and lead the Bills to the postseason, he could earn an additional $4-5 million per year through incentives. With his current $43 million annual salary already at an elite level, the incentives are just the cherry on top for Allen in Buffalo.
Josh Allen’s Endorsement Deals and Sponsorships
In addition to his NFL player contracts, Josh Allen earns big money from endorsement deals with major brands. Here are some of his top partnerships:
- New Era: Allen has a deal with headwear company New Era and has been featured in Buffalo Bills branded hats.
- Nike: The clothing giant signed Allen prior to his rookie season and regularly releases his player merchandise.
- Pepsi: Allen appeared in a Pepsi Super Bowl commercial in 2021 and has endorsement deal.
- Panini America: The sports collectible company produces Josh Allen trading cards and collectibles.
- Highmark Blue Cross Blue Shield: Local healthcare company featured Allen in marketing campaign.
- PLNT Burger: Allen invested in and promoted the plant-based burger chain.
Analysts estimate Allen likely earns over $1 million annually from endorsements. As his visibility grows, major national brands will continue seeking partnerships with the Bills’ star quarterback.
How Does Josh Allen Spend His Money?
With multi-million dollar NFL paychecks coming in annually, how does Josh Allen spend his growing fortune? Here are some of his notable purchases and investments:
- Real estate: Allen owns a 5-bed, 5-bath home in Buffalo purchased for $1.4M. He also bought 100+ acres of land in his home state of California.
- Truck: Allen drives a tricked out Ford F-150 Raptor pickup truck worth over $75,000.
- Jewelry: Allen has purchased diamonds and other jewelry items including watches.
- Gifts: The QB has spent on gifts for family members including buying his father a Ford Mustang.
- Investments: Allen has invested in companies like PLNT Burger and nutrition startups.
- Philanthropy: He provided over $250k to Buffalo General Medical Center during COVID-19.
Even with his splurges on trucks, jewelry and real estate, Allen smartly lives below his means. As his wealth grows, he will likely continue investing in business ventures and charitable endeavors.
Josh Allen’s Career Earnings Compared to Other Bills Players
As the face of the franchise, Josh Allen is now the highest paid Buffalo Bill of all time thanks to his $258 million contract extension. Here is a comparison of top career earnings of Bills players:
- Josh Allen: $297.3 million
- Stefon Diggs: $73 million
- Von Miller: $124 million
- Tremaine Edmunds: $19 million
- Dawson Knox: $3.6 million
No other current or former Bills player comes close to Allen’s total career earnings so far. Even legends like Jim Kelly ($20 million) and Thurman Thomas ($24 million) did not earn what Allen already has in just 5 NFL seasons.
As a former 7th overall draft pick, Allen earning a massive second contract is no surprise. But the extent of his record-setting $43 million per year deal reflects his irreplaceable value leading the Bills franchise. The team has clearly invested in him as their long-term cornerstone player.
Barring unexpected developments, Allen seems poised to become the highest paid player in Bills history and continue leading the team for years to come.
Conclusion
At just 26 years old, Josh Allen has already accumulated a net worth estimated at $25 million thanks to his success in the NFL with the Buffalo Bills. After being drafted 7th overall in 2018, Allen has developed into one of the elite young quarterbacks in pro football.
His breakout year came in 2020 when he led the Bills to the AFC Championship game while being named to his first Pro Bowl. This led to a massive 6-year, $258 million contract extension to remain in Buffalo through 2028.
With record-setting guaranteed money and incentives, plus income from endorsements, Josh Allen is set to continue dramatically increasing his wealth in the coming years. Barring injuries, he could retire as one of the highest paid players in NFL history.
For the Bills franchise, Allen is the cornerstone player and face of the team. His combination of on-field talent and marketing appeal make him tremendously valuable. At just 26, Allen still has plenty of prime years remaining to keep Buffalo contending for championships.
While some may debate whether any sports contract is truly worth over $40 million per year, there is no doubting Allen’s unique skillset. With a cannon arm and elite running ability, he is one of the most dangerous offensive weapons in football. The Bills clearly believe Allen is worth every penny, and he has rewarded them with MVP caliber play so far.
If Allen keeps performing at a high level and the Bills keep winning games, his net worth of $25 million today could easily triple or quadruple in the coming decade. He has the potential to become one of the wealthiest quarterbacks of all time off the field. For now, Allen is focused on bringing Buffalo its first Lombardi Trophy. But make no mistake – Josh Allen is going to get paid lucratively for doing so.
Frequently Asked Questions About Josh Allen’s Net Worth
How much is Josh Allen’s net worth in 2023?
Josh Allen’s net worth is estimated to be around $25 million as of 2023. The bulk of this net worth comes from NFL contracts, endorsements, signing bonuses and investments. He figures to be one of the wealthiest young players in the league.
What was Josh Allen’s salary as a rookie?
Allen’s rookie salary with the Bills in 2018 was $480,000. His rookie deal with Buffalo was 4 years, $21 million featuring a $13 million signing bonus.
How much did Josh Allen’s contract extension cost the Bills?
Allen signed a 6-year, $258 million contract extension in 2021, including $150 million guaranteed at signing. This works out to an average annual salary of $43 million, making him the 2nd highest paid quarterback.
How much could Allen earn with incentives?
Allen’s contract contains incentives for accomplishments like Pro Bowls, All Pro nods and MVP awards. He could potentially earn an extra $4-5 million per year if he hits certain performance goals.
What are Josh Allen’s biggest endorsement deals?
Some of Allen’s top endorsements are with New Era, Nike, Pepsi, Panini America and Highmark Blue Cross Blue Shield. He reportedly earns over $1 million per year from sponsorships.
Is Josh Allen the highest paid Bills player ever?
Yes, Allen’s $258 million contract extension surpasses any contract signed by a Bills player in history. The deal averages $43 million per year with $150 million guaranteed.
How does Allen’s net worth compare to other star QBs?
Allen’s $25 million net worth is on par with young star QBs like Patrick Mahomes and Lamar Jackson. Veterans like Aaron Rodgers ($200 million) and Tom Brady ($250 million) have substantially higher wealth from longer careers.
What contract incentives can Allen reach?
Allen can earn $500k each for a Pro Bowl or All Pro season. He gets $1 million for being NFL MVP. There are also playoff and Super Bowl bonuses he can reach by team success.
Will Allen be a Bill for his entire career?
It’s quite possible. Allen is signed in Buffalo through 2028 already. If he continues to play at a high level, the Bills will likely offer even more contract extensions to retain their franchise QB long-term.
