What Is Joe Flacco’s Net Worth?
Joe Flacco, the Super Bowl XLVII MVP, boasts a net worth of $85 million. This substantial Joe Flacco net worth has been accumulated through a successful NFL career spanning over a decade, primarily as a quarterback. The bulk of his Joe Flacco net worth comes from his NFL contracts and endorsements.
Joe Flacco’s NFL Career Earnings and Contracts
Joe Flacco has earned over $175 million in NFL salary alone, cementing his position as one of the highest-earning players in NFL history. In 2008, after being drafted by the Baltimore Ravens as the 18th overall pick, Flacco signed a five-year contract, guaranteed at $8.75 million. This marked the beginning of his significant accumulation of Joe Flacco net worth.
On March 1, 2013, following his Super Bowl victory, Flacco signed a landmark six-year deal with the Ravens worth $120.6 million. At the time, this contract made him the highest-paid player in the NFL. This deal included a base salary of approximately $20 million per year, which translates to roughly $170,000 per in-season day. This contract significantly boosted his Joe Flacco net worth.
In March 2016, Flacco signed a contract extension that included a $60 million signing bonus, which was the largest signing bonus in NFL history up to that point. Despite his later benching in favor of Lamar Jackson in December 2018, the Ravens still owed him over $60 million, illustrating the magnitude of his contract.
In 2019, Flacco was traded to the Denver Broncos, where he earned $30 million for the season despite playing in only eight games due to injury. In May 2020, he signed a one-year, $1.5 million deal with the New York Jets as a backup to Sam Darnold. However, due to a contract holdover from Denver, he earned over $15 million in the 2020 season. Further one-year deals followed in 2021 and 2022, with his 2022 salary being $3.5 million. In November 2023, Flacco signed with the Cleveland Browns’ practice squad for $370,000, with potential incentives that could raise his earnings to $4.5 million.
Endorsements Contributing to Joe Flacco Net Worth
Throughout his NFL career, Joe Flacco has supplemented his salary with various endorsements. In 2008, as a rookie, he signed a three-year contract with Reebok. From 2009 to 2010, he served as a spokesperson for Pizza Hut. Other endorsements included partnerships with Nike, Haribo, 1st Mariner Bank, McDonald’s, and Zynga, where he promoted the mobile application “NFL Showdown: Football Manager.” These endorsements have played a role in building Joe Flacco net worth.
Early Life and Career Beginnings
Born on January 16, 1985, in Audubon, New Jersey, Joe Flacco grew up with four younger brothers and a sister. He attended Audubon High School, excelling in football, baseball, and basketball. Flacco initially attended the University of Pittsburgh but transferred to the University of Delaware in 2005 after serving as a backup quarterback.
At Delaware, Flacco made a significant impact. In 2006, he threw for 2,783 yards and 18 touchdowns. During the 2007 season, he led Delaware to an 8-3 regular-season record, throwing for 4,263 yards and 23 touchdowns. Notably, he threw for 434 yards and four touchdowns against Navy. Flacco led Delaware to the FCS National Championship Game but lost to Appalachian State. During his time with Delaware, Flacco set 20 school records. His performance at Delaware paved the way for his NFL career and future Joe Flacco net worth.
Baltimore Ravens Tenure
Joe Flacco’s selection by the Baltimore Ravens with the 18th overall pick in the 2008 NFL Draft marked a turning point in the franchise’s history. His immediate impact was evident in his rookie season when he led the Ravens to the playoffs. In the season opener against the Cincinnati Bengals, his 38-yard rushing touchdown became the longest by a quarterback in franchise history, contributing to a 17-10 victory.
During his rookie season, Flacco was named the AFC Offensive Player of the Week in week nine and the NFL Rookie of the Month in November. He concluded his rookie season with 2,971 passing yards, 16 touchdowns, and 14 turnovers. Flacco played with the Ravens from 2008 to midway through the 2018 season, helping the team reach the playoffs six times. He led the Ravens to two AFC North titles and three AFC Championship Games.
His greatest success came in 2013, leading the Ravens to Super Bowl XLVII against the San Francisco 49ers. Despite being the underdogs, Flacco completed 22 of 33 passes for three touchdowns, leading the Ravens to a 34-31 victory. He was named Super Bowl XLVII’s MVP, capping off a postseason run in which he tied the single postseason record for touchdown passes without an interception. This achievement played a significant role in his subsequent contract and increase in Joe Flacco net worth.
Post-Ravens Career
In February 2019, Flacco was traded to the Denver Broncos after a period of declining performance and a hip injury that led to him losing his starting position with the Ravens. In his debut with the team, he threw for 268 yards in a loss against the Oakland Raiders. However, the Broncos released him after the season. He then signed a one-year, $1.5 million deal with the New York Jets in May 2020 as a backup quarterback. Due to injuries to Sam Darnold, Flacco started several games. In March 2021, Flacco signed a $3.5 million, one-year contract with the Philadelphia Eagles before being traded back to the Jets in October 2021.
Family and Personal Life
In 2011, Joe Flacco married his wife, Dana. They have five children: sons Stephen, Daniel, Francis, and Thomas, and daughter Evelyn. Joe’s siblings are also involved in sports. His brother Mike played for the MLB’s Baltimore Orioles and Boston Red Sox, while his brother John played football for Stanford. His youngest brother, Tom, played for Western Michigan University, Rutgers, and Towson, and was signed by the CFL’s Saskatchewan Roughriders. While details about his family are available, specifics regarding personal assets like houses or cars have not been publicly disclosed.