Introduction
Alex Smith is a household name in the football industry, having played as a quarterback in different teams since 2005. Born on May 7, 1984, in Bremerton, Washington, Alex has had an illustrious career, setting NFL records and earning millions in salary and endorsements. Today, Alex Smith’s estimated net worth is over $50 million, making him one of the richest football players in the world.
Early Career
Alex Smith played college football at the University of Utah, where he became a hot favorite for the NFL draft. In 2005, he was selected as the first overall pick by the San Francisco 49ers, marking the start of a long and successful career in the NFL.
NFL Career
From 2005 to 2012, Alex Smith played for the San Francisco 49ers, where he set several records, including the longest touchdown pass in the team’s history. In 2013, he signed with the Kansas City Chiefs, where he enjoyed his most successful run, leading the team to multiple playoff appearances and being named to the Pro Bowl three times. In 2018, Smith signed a four-year, $94 million contract with the Washington Redskins, cementing his legacy as one of the highest-paid quarterbacks in NFL history.
Net Worth
Alex Smith’s fortune can be attributed to his long and successful career in the NFL, as well as his numerous endorsements deals. Forbes estimated Alex Smith’s net worth to be $41.4 million as of July 2018, while Celebrity Net Worth puts his worth at over $55 million. This is inclusive of his salary earnings, bonuses, and endorsements.
Endorsement Deals
Alex Smith is a brand ambassador for Nike and Advocare, two of the world’s leading consumer brands. According to Forbes, he earns approximately $1 million annually from memorabilia, appearances, and sponsors. Advocare is a dietary supplement marketing company that Alex Smith has been working with for years.
Lifestyle
Alex Smith is living the lavish lifestyle that comes with being one of the most successful quarterbacks in the NFL. He bought a home for his family of five in the DC area, where he currently plays for the Washington Redskins. Additionally, he has invested in cars and other luxury items over the years, enjoying the fruits of his labor.
Injury and Future Earnings
On November 18, 2018, Alex Smith suffered a broken leg, bringing his 2018 NFL season to an early end. He had to undergo surgery to correct the injury, and complications led to an infection, which required further treatment. If the complications persist and prevent him from playing in the future, he will still receive a massive payout from his NFL contract. His contract extension with the Redskins includes a total injury guarantee of $71 million, which he would receive in full if he cannot play.
Conclusion
Alex Smith’s career in the NFL and his numerous endorsements deals have made him one of the richest football players in history. With a net worth of over $50 million, Alex Smith’s legacy as a quarterback will live on, and his success story will continue to inspire young players looking to make it in the NFL.