What Is Marques Colston’s Net Worth?
Marques Colston, a former NFL wide receiver, has accumulated a net worth of $40 million. This financial standing reflects his successful 10-year career primarily with the New Orleans Saints, supplemented by strategic business investments.
Earnings and Career Highlights
Colston’s NFL journey began as the 252nd overall pick in the 2006 NFL Draft. In his debut season, he recorded 70 receptions for 1,038 yards and 8 touchdowns, earning him a spot on the All-Rookie team. His on-field performance translated into lucrative contracts, contributing substantially to his net worth.
Over his career, Marques Colston secured several significant contracts. In 2008, he signed a four-year deal worth $15 million with the Saints. This was followed by a five-year contract in 2012 valued at $36.3 million, which included a $10 million signing bonus. This contract provided him with an average annual salary of approximately $7.3 million, boosting his financial standing significantly. In total, Colston’s career earnings from salary alone exceeded $41.5 million, forming a cornerstone of his $40 million net worth.
Marques Colston played a crucial role in the Saints’ Super Bowl XLIV victory in 2010, where they defeated the Indianapolis Colts 31-17. By the time he retired, Colston had become the Saints’ all-time leader in receiving yards (9,759), touchdown catches (72), and receptions (711), solidifying his legacy and enhancing his marketability, which indirectly contributed to his financial success.
Business Ventures and Investments
Beyond his NFL earnings, Marques Colston has diversified his income streams through strategic business ventures. He has ownership stakes in multiple Arena Football League teams, including the Harrisburg Stampede of the American Indoor Football League, the Philadelphia Soul, and the Albany Empire. While specific financial returns from these investments are not publicly detailed, ownership in sports franchises often yields substantial returns over time.
Colston was also an early investor in Enerskin, a compression apparel startup. The exact amount of his investment and the returns are not publicly available, but early-stage investments in successful startups can significantly boost an individual’s net worth if the company performs well. These business activities showcase Colston’s proactive approach to managing and growing his wealth beyond his football career. His business acumen has allowed him to grow his net worth, which at the time of this writing is $40 million.
Early Life and Education
Born on June 5, 1983, in Harrisburg, Pennsylvania, Marques Colston’s journey to NFL stardom was not straightforward. Despite excelling in football, basketball, and track and field, he was not heavily recruited by major college programs. He accepted a scholarship to Hofstra University after declining an offer from the University of Missouri. While at Hofstra, Colston distinguished himself as a top receiver, setting numerous school and conference records. Though his college statistics were impressive, his relatively low profile due to attending a smaller school caused him to slip to the seventh round of the NFL Draft. He was inducted into the New Orleans Saints Hall of Fame in 2019. In 2021, he was enshrined into the Louisiana Sports Hall of Fame.
Philanthropy and Personal Life
Off the field, Marques Colston has dedicated time and resources to philanthropic endeavors. He established the Marques Colston Foundation, which aims to provide educational and athletic opportunities for underprivileged children in Harrisburg. Specific financial contributions to the foundation are not publicly detailed; however, running such an organization involves significant investment of both time and money. Colston’s commitment to giving back reflects his values and contributes to his positive public image, which can indirectly support his business ventures.
Marques Colston has been married to his wife, Emily, since 2009, and they have three children. They reside in South New Jersey. The details of his properties are not public knowledge, but homes in that area typically range from $500,000 to several million dollars, depending on size and location. Details about his real estate assets remain private.