Josh Allen’s Net Worth in 2024: How rich is the Bills QB?

The Buffalo Bills quarterback Josh Allen is now playing his sixth season in the league. Since being drafted in 2018, Allen has evolved into an integral member of the Bills squad. Amid all speculations regarding the player, exactly how much fortune has the 27-year-old made in his career, and what is Josh Allen’s net worth in 2024?

Originally drafted by the Buffalo Bills in the 2018 NFL Draft, Allen started his professional career with the franchise. Prior to his time in the NFL, the quarterback played one season of college football at Reedley College before moving to the University of Wyoming.

Now playing his sixth season with the Bills, Josh Allen has already set franchise records with his stellar performances on the gridiron. But exactly how much fortune has the quarterback made in his career to date? Here’s what you need to know about Josh Allen’s net worth in 2024.

Josh Allen’s Net Worth

NFL professional Josh Allen has an estimated net worth of about $14 million in 2024. The talented quarterback has made an impressive fortune for himself from his playing career in the league.

Over the last five seasons in the NFL, Josh Allen has made well over $70 million in career earnings alone and will be adding more by the end of the running season. Besides his professional career, Josh Allen has also made a substantial fortune from endorsements and partnership deals.

He has signed a handful of endorsements with renowned outlets including Hyundai, Tommy Armour Golf and New Era. These endorsements amount to a significant sum adding to his overall wealth.

Contracts and Salary

Josh Allen signed a massive six-year contract worth $258,034,000 with the Buffalo Bills in August 2021. The deal originally came with $150 million guaranteed at signing and an average salary of $43,005,667 per annum.

For the running season, Allen will be making a base salary of 1,080,000 while carrying a cap hit value of $18,636,281 and dead cap of $117,789,124. The six-year contract will see Josh Allen continue with the franchise until the end of the 2028 NFL season. The quarterback will become an unrestricted free agent in 2029.

There are multiple incentives and performances-based bonuses on the massive $258 million deal per Spotrac. Given the lucrative contract, Joss Allen’s financial standings are expected to climb substantially over the next few seasons.

Bonuses

Josh Allen has made a significant fortune from signing bonuses, roster bonuses, and performances-based bonuses over the course of his career. His current contract with the Buffalo Bills comes with a signing bonus of $16,500,000.

For the 2023 NFL season, Josh Allen will receive a signing bonus worth $3,300,000 along with a workout bonus of $500,000 and restructure bonus of $5,284,000. Earlier in March 2023, the quarterback had converted $26.42 million of his 2023 season salary into signing bonus, clearing $21.136 million in cap space for the Bills.

Endorsements

Adding to his wealth are endorsements and appearances. Allen, with his striking panache, has bagged many sponsors. Brands like Microsoft, Hyundai and Tommy Armour Golf are some of the renowned outlets Josh Allen has partnered with.

New Era and Nike also pay colossal amounts for Allen’s association with them. Just the endorsements make him around $4 million, according to Forbes, which is a lucrative sum.

Josh Allen Charity

It’s heartwarming to notice that NFL players are big into donations and doing it for a cause. Allen is one such player who is no less in pouring his heart into donations generously.

The ‘Patricia Allen Fund’ is one such example of his benevolence, named after his Grandmother who dedicated her life to working with children. The charity benefits the Oishei children’s hospital.

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