Net Worth Ranker
What Is Richard Sherman’s Net Worth?
Richard Sherman, a prominent figure in American football, has accumulated a net worth of $40 million. This wealth is primarily derived from his successful career as a cornerback in the National Football League (NFL), supplemented by endorsement deals and media appearances. His financial journey reflects his accomplishments on the field and his strategic business decisions off the field.
Richard Sherman’s NFL Career and Earnings
Sherman’s NFL career began in 2011 when he was drafted by the Seattle Seahawks in the fifth round. His initial contract with the Seahawks was a four-year deal worth $2.22 million. This early contract provided a foundation for his future earnings, as he quickly established himself as a key player on the Seahawks’ defense.
In May 2014, recognizing his value to the team, the Seahawks offered Sherman a four-year contract extension worth $56 million, with $40 million guaranteed. This contract significantly boosted his annual income, paying him an average of $11.5 million per year through 2018. In 2014 alone, his salary was $1.4 million, but the subsequent years saw a substantial increase in his earnings due to the extension.
Prior to the 2018 season, Richard Sherman signed a three-year $27 million contract with the San Francisco 49ers.
Sherman’s time with the Seahawks was marked by significant achievements, including leading the league in interceptions in 2013 and winning Super Bowl XLVIII against the Denver Broncos with a score of 43-8. These accomplishments not only solidified his reputation as one of the best cornerbacks in the NFL but also increased his marketability, leading to lucrative endorsement opportunities.
Richard Sherman’s Endorsements and Media Ventures
Beyond his NFL contracts, Richard Sherman has augmented his wealth through various endorsement deals with well-known companies. These include T-Mobile, Nike, Oberto, BODYARMOR, and Beats by Dre. While the specific financial details of these endorsements are not publicly disclosed, such partnerships typically contribute significantly to an athlete’s overall income. For example, a star NFL player endorsing a major brand like Nike could earn anywhere from hundreds of thousands to millions of dollars annually, depending on the terms of the agreement and the player’s profile.
In August 2023, Sherman expanded his media presence by joining Skip Bayless on “Undisputed” following Shannon Sharpe’s departure from the show. This venture into sports commentary provides another avenue for Sherman to leverage his football knowledge and personality, potentially leading to a steady income stream. The exact salary for his role on “Undisputed” is not public, but similar roles for high-profile sports figures can range from several hundred thousand to over a million dollars per year, depending on the show’s popularity and the individual’s negotiating power.
Early Life and Education
Richard Sherman was born on March 30, 1988, in Compton, California. During his senior year in 2005, he recorded 1,030 all-purpose yards and 45 tackles, helping Dominguez claim a CIF Southern Section Division III title. In his early years, Sherman attended Dominguez High School, where he excelled in both football and track and field. His athletic prowess was evident early on, and he also demonstrated academic excellence, graduating as salutatorian in 2006. This combination of athletic and academic achievements earned him an athletic scholarship to Stanford University.
At Stanford, Sherman initially played as a wide receiver before transitioning to cornerback. In his early years as a wide receiver, he scored 34 receptions for 581 receiving yards. He graduated from Stanford with a BA in communications. His education at Stanford provided him with valuable skills and knowledge that have likely contributed to his success both on and off the field.
NFL Career Details and Achievements
In the 2011 NFL Draft, Richard Sherman was selected in the fifth round by the Seattle Seahawks; he was subsequently signed to a four-year, $2.22 million contract. He made his professional regular season debut in a loss against the San Francisco 49ers. A few weeks later, he made his first career solo tackle in a loss to the Atlanta Falcons. Later, in early 2012, Richard notched a season-high six solo tackles, a pass deflection, and an interception. He finished his rookie season with 55 combined tackles, 14 pass deflections, and four interceptions in 16 games.
Greater success came the next season when Sherman notched his first career touchdown during a 58-0 victory over the Arizona Cardinals. Moreover, he started all 16 games for the season and made 64 combined tackles and a career-high 24 pass deflections.
Sherman’s most successful season yet came in 2013-14, when he was voted to the Pro Bowl for the first time in his career and to the NFL All-Pro First Team for the second consecutive season. That season, the Seahawks had the top-ranked defense and finished first in the NFC West. The team then made it to the NFC Championship, defeating the San Francisco 49ers. The Seahawks finished the season by winning Super Bowl XLVIII against the Denver Broncos; with a score of 43-8, it was one of the largest margins of victory in Super Bowl history. Following this, Richard was signed to a four-year, $56 million contract extension.
In 2014, he started all 16 games, making 57 combined tackles and four interceptions. Once again, the Seahawks finished first in the NFC West and emerged victorious in the NFC Championship Game. The team made it back to the Super Bowl but ultimately lost to the New England Patriots.
In 2015, Sherman was voted to the Pro Bowl for the third consecutive season. He started all 16 games and recorded 50 combined tackles and two interceptions. The Seahawks finished second in the NFC West but lost to the Carolina Panthers in the NFC Divisional round. The next season, Richard was again voted to the Pro Bowl and again started all 16 games, making 58 combined tackles and four interceptions.
Sherman’s final year with the Seahawks in 2017 was majorly hindered by an Achilles injury. He finished the season with 35 combined tackles and two interceptions in ten games. Richard was released from the team in 2018.
49ers Contract and Performance
Only a day after his release from the Seahawks, Sherman agreed to a three-year, $39 million contract with the San Francisco 49ers. The deal included incentives and guarantees that reflected his status as a top-tier cornerback. In 2019, he recorded his first interception and touchdown with the 49ers. Sherman was selected to his fifth Pro Bowl and was voted on the 2nd Team All-Pro.
In Super Bowl LIV, Sherman and the 49ers fell to the Kansas City Chiefs. In September 2020, he was placed on injured reserve due to a calf strain. After being activated in November, he recorded his first interception of the season in a 23-20 win. Sherman was released from the 49ers in February 2021, at which point he became a free agent.
Richard Sherman’s Personal Life and Charitable Work
In 2015, Sherman got engaged to Ashley Moss. The year before, the two had their first child, son Rayden Sherman. They had another child, daughter Avery, in 2016. Sherman and Moss later married in 2018. In 2013, Richard started his own charity, Blanket Coverage – The Richard Sherman Family Foundation. It aims to provide clothing and school supplies to children in low-income communities.
