What Is Joe Burrow’s Net Worth?
As of 2025, Joe Burrow’s net worth is estimated to be $50 million. This valuation is primarily built upon his lucrative NFL contracts and burgeoning endorsement deals.
Joe Burrow’s Contractual Agreements and Earnings
Burrow’s financial ascent began with his initial four-year rookie contract with the Cincinnati Bengals. This deal, signed upon his entry into the NFL, was valued at $36,190,137, with the entirety of this sum fully guaranteed at signing. A significant portion of this contract was a $23,880,100 signing bonus, illustrating the Bengals’ commitment to their new quarterback. The contract provided for an average annual salary of $9,047,543, a substantial figure for a rookie entering the league. In September 2023, Burrow cemented his status as one of the NFL’s highest-paid players by signing a five-year contract extension worth $275 million with the Bengals. This extension includes a staggering $219.01 million in guaranteed money, highlighting the long-term commitment between Burrow and the team. This deal translates to an average annual salary of $55 million, making him the highest-paid player in NFL history at the time of signing. In a notable financial strategy, Burrow has publicly stated his intention to save all of his contract earnings, opting instead to live solely off of income generated from endorsements. This approach underscores a disciplined approach to wealth management and a focus on long-term financial security.
Early Life and Foundations
Joe Burrow was born on December 10, 1996, in Ames, Iowa. He is the son of Jim and Robin Burrow. Joe’s father, Jim, has a history as a football player and coach. Burrow’s athletic background is deeply rooted, with his grandmother and grandfather excelling in basketball and his uncle playing football. A pivotal moment in his early exposure to sports occurred in 2002 when he attended the Rose Bowl. This experience ignited his passion for football, leading him to participate in youth football leagues. In 2003, the Burrow family relocated to Fargo, North Dakota, as his father accepted the position of defensive coordinator for the North Dakota State Bison. Two years later, the family moved again, this time to Athens, Ohio, where Jim Burrow took a position at Ohio University. While attending Athens High School in Ohio, Joe Burrow showcased his athletic prowess, leading the football team to three consecutive playoff appearances. During his senior year in 2014, he earned the prestigious Mr. Football Award and the Gatorade Player of the Year Award, recognizing his exceptional performance and leadership on the field. In addition to his football achievements, Burrow was also a prominent basketball player at Athens High School, further demonstrating his versatility as an athlete. Joe Burrow’s early life, shaped by a family deeply involved in sports and his own multi-sport participation, laid a strong foundation for his future success in football.
Collegiate Career: From Ohio State to LSU Legend
In May 2014, Joe Burrow made the commitment to play football for Ohio State University. After redshirting during his freshman year, Burrow served as a backup to J. T. Barrett during his sophomore and junior seasons. Following his graduation from Ohio State, Burrow made the decision to transfer to Louisiana State University (LSU) in 2018. His first year with LSU marked a significant turning point in his career. He earned SEC Offensive Player of the Week honors twice during the season. The Tigers achieved a 10-3 record and secured a number-six ranking in the final AP Poll. Joe Burrow’s second and final year at LSU was record-breaking. His performances set numerous school records. He won the 2019 Heisman Trophy by a landslide, with 1,846 more votes than the second-place finisher, Jalen Hurts. Joe Burrow concluded his LSU career at the 2020 National Championship Game. He led the Tigers to a 42-25 victory over Clemson.
NFL Career with the Cincinnati Bengals
Joe Burrow was selected first overall by the Cincinnati Bengals in the 2020 NFL Draft. In his debut against the Los Angeles Chargers, he threw for 193 passing yards and had 46 rushing yards. During his second game against the Cleveland Browns, he threw his first career passing touchdown. Burrow achieved his first career win against the Jacksonville Jaguars a few weeks later. He recorded at least 400 passing yards, three passing touchdowns, and a rushing touchdown in the same game in Week 7. Burrow became the first NFL rookie to achieve this. His season was cut short due to ACL and MCL injuries in Week 11, placing him on the injured reserve list. Joe Burrow returned for the 2021-22 season. He helped the Bengals to a 2-1 start after recovering from his injury. In Week 4, Burrow was named the AFC Offensive Player of the Week. In Week 16, he threw for a career-high 525 yards, the fourth most passing yards in any NFL game in history. Again, he was named the AFC Offensive Player of the Week. The Bengals secured their first playoff berth since 2015 with a victory over the Kansas City Chiefs the next week. The team defeated the Las Vegas Raiders in the wild card round, securing their first playoff win since 1990. In the AFC Championship Game, Burrow and the Bengals overcame a 21-3 deficit to win 27-24 in overtime against the Chiefs. The Bengals clinched their first Super Bowl appearance since 1988 due to this victory. With the Bengals, Burrow holds franchise records for completion percentage, passer rating, and passing yards in a single game. He is tied with Boomer Esiason for the most playoff wins. Burrow helped the Bengals win their first-ever playoff game on the road against the top-seeded Tennessee Titans. Burrow became the most-sacked quarterback ever to win a playoff game in the game, with nine sacks.
Joe Burrow’s Real Estate Investments
Joe Burrow has made strategic investments in real estate. In June 2020, Joe Burrow purchased a home in Cincinnati for $835,000. In July 2023, prior to signing his $275 million contract extension, Joe Burrow acquired a three-acre Cincinnati property for $7.5 million. The property features a 7,000 square foot mansion.