Net Worth Ranker
What Is Tim Tebow’s Net Worth?
Tim Tebow, a retired American professional football quarterback, boasts a net worth of $5 million. This figure reflects his earnings from a relatively brief but impactful NFL career, endorsement deals, and subsequent ventures into baseball and media.
Tim Tebow’s Football Career Earnings and Investments
During his time in the NFL, Tim Tebow accumulated a little under $10 million in total salary. A notable portion of this came from his stint with the Philadelphia Eagles, where he earned $4.1 million. This translates to an astonishing $512,500 per pass, considering he made only eight passes as an Eagle. While these earnings were substantial, they were relatively short-lived compared to quarterbacks with longer NFL careers.
Beyond his NFL salary, Tebow has also diversified his income streams. In July 2023, he became a co-owner of an ECHL hockey expansion team based in Lake Tahoe. This follows his previous involvement as a minor owner in the Jacksonville Icemen and Savannah Ghost Pirates, demonstrating his interest in sports team ownership. The specific financial investment in these ventures is not publicly disclosed, but it represents a significant allocation of his net worth into sports-related assets.
Furthermore, Tebow’s foray into college football analysis with ESPN, commencing on December 30, 2013, provided a steady income stream. His multi-year extension with ESPN in 2017 solidified this role, allowing him to pursue a baseball career concurrently. The exact financial terms of this ESPN contract remain undisclosed, but it contributes significantly to his overall earnings. While the exact amount remains confidential, sources suggest that his annual salary from ESPN ranges in the hundreds of thousands of dollars.
Early Life, Education and Athletic Achievements
Timothy Richard Tebow was born on August 14, 1987, in Makati, Philippines, where his parents served as Baptist missionaries. When Tim was three, the family relocated to Jacksonville, Florida, where he and his siblings were homeschooled. Despite not being formally enrolled, he was allowed to play football at Trinity Christian Academy and later transferred to Nease High School. His exceptional performance led to his being named Florida’s Player of the Year and leading Nease High School to a state title. These early accomplishments laid the foundation for his future success.
Tebow’s college career at the University of Florida was nothing short of legendary. He played for the Gators, winning the Heisman Trophy in 2007 and contributing to BCS National Championship-winning teams in 2006 and 2008. He was selected by the Denver Broncos in the first round of the 2010 NFL Draft following his impressive college performance.
While playing for the Denver Broncos, Tebow started the final three games of his rookie season. He became the team’s full-time starting quarterback in the sixth game of 2011. Before he became the starter, the Broncos’ record was 1–4, but their performance improved significantly with him at the helm. They won their first AFC West title and their first playoff game since 2005, defeating the Pittsburgh Steelers in overtime.
Following the Broncos’ acquisition of quarterback Peyton Manning, Tebow was traded to the New York Jets. After a brief stint with the Jets, he was released on April 29, 2013, after they drafted quarterback Geno Smith. He signed a two-year, non-guaranteed contract with the New England Patriots on June 11, 2013, but was cut from the team on August 31, 2013. Tebow became well-known during his time with the Broncos for publicly acknowledging his faith in God by kneeling in a posture similar to Auguste Rodin’s “The Thinker,” which was dubbed “Tebowing.” He trademarked the name legally.
In 2015, he joined the Philadelphia Eagles to compete for their third-string quarterback job but was released after the preseason. In 2021, Tebow attempted an NFL comeback by reuniting with coach Urban Meyer and working out as a tight end for the Jacksonville Jaguars. He was released again before the regular season.
Baseball Career
In early August 2016, Tebow announced his intention to pursue a professional baseball career and invited 30 Major League teams to his open tryout at the end of August. He had not played baseball full-time since his junior year in high school. Forty MLB scouts attended, and Tim later participated in the Mets Instructional League, hitting a home run on the first pitch.
He was assigned to the Scottsdale Scorpions. He was invited to Major League camp with the Mets in 2018, and they promoted him to their Double-A team. He was then assigned to the Syracuse Mets of the Class AAA International League. Tebow had to miss the remainder of the 2019 season due to a pinky finger injury, but he hit three home runs over a six-game stretch.
Tebow announced in February 2020 that he had accepted an invitation to play for the Philippines national baseball team. In 2020, he also hit his first major league spring training home run, a two-run homer against the Detroit Tigers. He retired from baseball in February 2021. While his baseball career didn’t reach the same heights as his football career, it provided additional income and broadened his public profile. Specific contract details from his time in baseball are not publicly available, but minor league baseball salaries typically range from a few thousand to tens of thousands of dollars per season. In 2023, Tim Tebow was inducted into the College Football Hall of Fame, solidifying his legacy in college sports.
Tim Tebow’s Philanthropic Activities
Tebow’s philanthropic efforts are a significant component of his public image and potentially influence his net worth through tax benefits and enhanced brand reputation. During college, he created a foundation with peers called First and 15, which raised funds for an orphanage founded by his father’s ministry. The specific amount raised by First and 15 is not publicly disclosed, but it set the stage for his later, more significant philanthropic ventures.
He has raised funds for Shands Hospital’s pediatric cancer center in Gainesville and for a trip to Disney for disadvantaged children. In January 2010, Tebow launched the Tim Tebow Foundation. The foundation announced plans to build a children’s hospital in the Philippines in 2011. In 2014, the Tebow CURE hospital in Davao City opened and specializes in orthopedics. The $3 million project was funded by donations from CURE and the Tim Tebow Foundation. The foundation also hosts Night to Shine, an event that holds a prom for disabled teens to provide a safe place to attend prom. For his significant contributions to the progress and welfare of Floridians, Governor Rick Scott designated Tebow as a Great Floridian.
The Tim Tebow Foundation’s programs, including the Tebow CURE Hospital and Night to Shine events, require substantial ongoing funding. While the exact annual budget of the foundation is not publicly available, financial statements filed with the IRS provide insights into the scale of its operations. These statements reveal that a significant portion of Tebow’s income is channeled into the foundation, contributing to its charitable activities. The foundation’s impact extends beyond financial contributions, as Tebow actively participates in its initiatives, raising awareness and inspiring others to support its mission.
Personal Life
Tim Tebow got engaged to Miss Universe and South African model Demi-Leigh Nel-Peters in January 2019. They were married in South Africa on January 20, 2020.
Tebow is known for his strong Christian beliefs. He spent summers as a teenager working at his parents’ ministry in the Philippines, preaching at schools and villages and assisting with medical care. Tebow financially supports 40 national evangelists working in the nation. Tebow has shared his Christian faith by preaching in schools, prisons, and youth groups across America. He is a vocal advocate for faith-based abstinence and is a group leader for the Fellowship of Christian Athletes.
Tebow’s openness about his faith has been a consistent theme throughout his career. He spent summers as a teenager working at his parents’ ministry in the Philippines, preaching at schools and villages, and assisting with medical care. This early exposure to missionary work instilled in him a deep sense of compassion and a desire to use his platform for good. Tebow financially supports 40 national evangelists working in the nation, further demonstrating his commitment to spreading his faith. He has shared his Christian faith by preaching in schools, prisons, and youth groups across America, reaching a wide audience with his message. His vocal advocacy for faith-based abstinence and his role as a group leader for the Fellowship of Christian Athletes align with his values and contribute to his public persona.
The specifics of Tebow’s daily life, work habits, and public appearances are largely undocumented in terms of precise details. However, his social media presence provides glimpses into his activities. Tebow’s Instagram account, for instance, showcases his involvement in charitable events, speaking engagements, and personal moments. These posts offer a curated view of his life, highlighting his dedication to his faith, family, and philanthropic endeavors. While the financial implications of these activities are not always apparent, they contribute to his overall brand and influence, which can indirectly impact his net worth through endorsement opportunities and other ventures.
Tim Tebow’s net worth of $5 million is a testament to his success as a football player and his entrepreneurship.
