Albert Haynesworth’s name is often associated with both an illustrious NFL career and financial controversy.
In this article, I’ll dive deep into Albert Haynesworth net worth and his path to amassing wealth, focusing on his high-profile contracts, particularly the infamous $100 million deal with the Washington Redskins.
You’ll discover how his performance, team changes, and personal challenges shaped his financial journey, providing an in-depth look at what contributed to his career earnings.
Stay tuned as Andomoney brings you the most detailed breakdown.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Albert George Haynesworth III |
| Popular Name | Albert Haynesworth |
| Gender | Male |
| Birth Date | June 17, 1981 |
| Age | 43 |
| Parents | Albert Haynesworth II, Linda Haynesworth |
| Siblings | N/A |
| Birthplace | Hartsville, South Carolina |
| Nationality | American |
| Ethnicity | African-American |
| Education | University of Tennessee |
| Marital Status | N/A |
| Spouse | Stephanie Haynesworth (m. 2003–2010) |
| Children | N/A |
| Dating | N/A |
| Net Worth | $500,000 |
| Source of Wealth | NFL Career |
| Height | 6 feet 6 inches (1.98 meters) |
What is the Net Worth of Albert Haynesworth in 2024?
Albert Haynesworth’s net worth in 2024 stands at an estimated $500,000, which is a modest figure considering his career peak with a $100 million contract.
While his earnings are significant, financial missteps and controversies have affected his wealth. Compared to some of his peers, Haynesworth’s net worth may seem smaller, but his story is complex and multifaceted.
Here’s a list of related personalities and entities:
- Washington Redskins
- Tennessee Titans
- New England Patriots
- Tampa Bay Buccaneers
- Ndamukong Suh
- Chris Cooley
- Andre Gurode
- NFL
- Tennessee Volunteers
If you’re curious about how Haynesworth compares to other top NFL earners, check out our complete list of the highest-paid NFL players.
Albert Haynesworth Salary and Finance Overview
His Accumulation of Wealth in the NFL
Albert Haynesworth’s career started when he was drafted by the Tennessee Titans as the 15th overall pick in the 2002 NFL Draft. His initial contract was a 6-year, $9.1 million deal, which laid the foundation for his wealth.
In 2008, he signed a 1-year $7.25 million deal, marking a pivotal point in his earnings.
These contracts played a critical role in Haynesworth’s financial journey, allowing him to amass millions and earn a reputable spot as a strong defensive tackle in the league.
The Infamous $100 Million Washington Redskins Contract
The signing of the 7-year, $100 million contract with the Washington Redskins in 2009 was a landmark moment for both Albert and the NFL.
With $41 million guaranteed, it was one of the most lucrative deals for a defensive player at that time. However, the excitement soon turned sour.
His performance failed to live up to expectations, leading to his release two years into the contract. This move is widely considered one of the worst free-agent deals in NFL history.
Nevertheless, for Haynesworth, this contract was a financial milestone, earning him an estimated $38 million for just 20 games.
Career Highlights and Achievements Contributing to Wealth
Despite the controversies, Haynesworth’s achievements were significant in the earlier stages of his career. He was twice selected for the Pro Bowl (2007 and 2008), earning First-Team All-Pro honors in both seasons.
These honors, alongside his recognition as a powerful force on the field, translated into lucrative contracts and sponsorship deals during his peak years. His performance with the Tennessee Titans was particularly impactful, making him one of the league’s top defensive tackles.
Financial Impact of Team Transfers and Contracts
Albert’s career saw him playing for several teams, and each transfer came with its own financial implications. After leaving the Tennessee Titans, his deal with the Redskins proved the most lucrative.
However, subsequent contracts with the New England Patriots and Tampa Bay Buccaneers were much smaller in comparison, as his reputation and performance began to wane.
By the end of his career, Haynesworth’s NFL journey included moves that both contributed to and detracted from his wealth.
Factors Affecting His Earnings: Fines, Suspensions, and Controversies
Haynesworth’s career wasn’t without its setbacks. A significant portion of his earnings was impacted by fines and suspensions due to on-field incidents.
One of the most notable was the 2006 stomping incident involving Andre Gurode, which led to a five-game suspension without pay—the longest suspension for an in-game incident at the time.
Such controversies not only reduced his earnings but also tainted his reputation, leading to strained team relationships and less favorable contract negotiations.
Performance and Reputation’s Influence on Financial Status
While Albert’s talents were undeniable, his volatile temperament had consequences on his career trajectory and earnings.
His struggle to maintain consistency and fitness, particularly during his stint with the Redskins, heavily influenced his financial status.
Though initially one of the most promising defensive players, these challenges led to diminished financial opportunities toward the end of his NFL career.
Post-NFL Ventures and Financial Moves
Following his departure from the NFL, Haynesworth invested in real estate, purchasing a home in Franklin, Tennessee, for $630,000 in 2017.
He later sold it for $705,000 in 2020, reflecting a savvy financial decision post-retirement. However, beyond this, there have been limited reports of significant business ventures or investments.
Legal Issues and Their Financial Consequences
Albert’s financial story is also marked by legal issues. From lawsuits to traffic incidents, his legal troubles affected both his reputation and finances.
A notable incident occurred in 2009, where a traffic altercation led to his indictment on two misdemeanor charges.
Over the years, further issues, such as lawsuits related to personal relationships and altercations, have played a part in diminishing his financial standing.
FAQs about Albert Haynesworth
How Did He Start His NFL Career?
Albert began his career with the Tennessee Titans, being drafted as the 15th overall pick in the 2002 NFL Draft.
What Position Did He Play?
He was a defensive tackle, known for his strong and aggressive playstyle on the field.
What Is His Most Notable Contract?
His most notable contract was the 7-year, $100 million deal with the Washington Redskins, signed in 2009.
Why Was His Redskins Contract Considered Controversial?
The contract was controversial due to its high value and guaranteed money. Haynesworth’s underperformance made it one of the worst free-agent deals in NFL history.
What Were the Consequences of His On-Field Controversies?
Haynesworth faced fines and suspensions, most notably the five-game suspension for the stomping incident involving Andre Gurode.
How Did He Perform with the Tennessee Titans?
He was highly successful during his time with the Titans, earning Pro Bowl honors and First-Team All-Pro recognition in 2007 and 2008.
Which Teams Did He Play for After the Titans?
After the Titans, he played for the Washington Redskins, New England Patriots, and Tampa Bay Buccaneers.
What Was His College Football Career Like?
Albert played college football at the University of Tennessee, where he was a standout player on the Volunteers team.
Did He Face Legal Issues?
Yes, he faced multiple legal issues, including traffic incidents, lawsuits, and accusations related to personal matters, affecting both his finances and public image.
What Is His Height and Athletic Build?
Albert stands at 6 feet 6 inches (1.98 meters), which contributed to his strong presence as a defensive tackle.
Conclusion
I hope this article helped you understand Albert Haynesworth’s financial journey and career. Please leave a comment, share your thoughts, or explore more on andomoney.com.
