The NFL has many big names to boast of, and quarterback Josh Allen is surely one of them. The star athlete knows how to create waves both on and off-field. Be it his relationship rumors with actress Hailee Steinfeld, or his Madden 24 ratings, he grabs everyone’s attention. Moreover, as per his recent contract extension, Allen is earning a decent amount as well.
When the Buffalo Bills selected Josh Allen as their 7th pick in the NFL 2018 draft, people were not aware of his talent. At that time, the quarterback signed a four-year contract with the team. It was a mere $21 million contract, with an average yearly salary of $5.3 million.
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However, the time has changed now and everyone is familiar with what Josh Allen is capable of. That’s why the Bills reportedly decided to keep him and the NFL star signed a 6-year contract extension with the team. As per reports, the new contract is worth a massive $258 million with a guaranteed $150 million.
After Josh Allen signed the contract extension with the Bills, his average yearly salary saw huge growth. As per reports, Allen will earn an average salary of $43 million from this year onwards. His new yearly salary is more than double the whole rookie contract of Allen. With all this, the Net Worth of the quarterback presently stands at a huge $14 million.
The monetary growth in the NFL contract of Josh Allen is evidence enough of his talent. The 2-time Pro Bowl player has etched his name among the best players in the league and continues to impress everyone.
The investments and brand endorsements of Josh Allen
Along with his NFL earnings, Josh Allen is making money through his brand endorsements and investments as well. The quarterback is the face of Microsoft Surface, Hyundai, Nike, and many more renowned brands. Moreover, he stands tall among the select few ambassadors of the renowned New Era Cap Company. This has further boosted his net worth by an impressive $4 million.
Allen’s strategic investment ventures also speak volumes. The NFL star holds stakes in Corepower Yoga, a giant in the US yoga scene. Moreover, Josh Allen invested in a company called “Manscaped.” The company now holds a $1 billion valuation and can provide Allen with 10 times his investment.
The Bills star’s involvement with “Therabody”, a massage gun enterprise, saw profits skyrocket by 30-fold between 2017 and 2020. In 2020 he entered the golfing world, as he became a stakeholder in a Buffalo-based golf ball producer. The same year saw him unveil his own cereal, ‘Josh’s Jaqs,’ as well.
The Madden 24 cover star Josh Allen has made his mark everywhere in his 5-year career till now. Everything about him has been impressive, be it his gameplay or his earnings. Going this way, the quarterback will soon become one of the legends of the NFL.