Colt McCoy net worth reflects a successful yet strategic NFL career that spanned 13 seasons. As a backup quarterback, McCoy established himself as a reliable team player for multiple franchises, including the Arizona Cardinals and Cleveland Browns.
In this article, we’ll explore how McCoy’s football journey, awards, and endorsements contributed to his financial success.
Join me at Andomoney as we break down the key factors that built his impressive wealth and what makes him stand out among NFL players.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Daniel “Colt” McCoy |
| Popular Name | Colt McCoy |
| Gender | Male |
| Birth Date | September 5, 1986 |
| Age | 38 (as of 2024) |
| Parents | Steven Brad McCoy, Debra Kay McCoy |
| Siblings | Eldest of three |
| Birthplace | Hobbs, New Mexico |
| Nationality | American |
| Ethnicity | Caucasian |
| Education | Jim Ned High School, The University of Texas at Austin |
| Marital Status | Married |
| Spouse | Rachel Glandorf |
| Children | Two daughters, one son |
| Dating | N/A |
| Net Worth | $14 million (as of 2024) |
| Source of Wealth | Professional football (NFL) |
| Height | 6 ft 1 |
What is the Net Worth of Colt McCoy in 2024?
As of 2024, Colt McCoy’s estimated net worth is around $14 million.
His wealth primarily stems from his long NFL career, where he played for various teams, including the Cleveland Browns and Arizona Cardinals.
Though McCoy was often a backup quarterback, his steady contracts and performance bonuses contributed to his financial stability. His net worth, while notable, is less than that of some of the most recognized names in the NFL.
Here’s a look at other notable figures in football and related fields:
- Kyler Murray
- Brandon Weeden
- Mack Brown
- Vince Young
- San Francisco 49ers
- Cleveland Browns
- Arizona Cardinals
- Kyler Murray
- Washington Redskins
To learn more about how he compares to others, check out the most affluent players in the NFL here.
Salary and Finance Overview
His NFL Career and Wealth Accumulation
Colt McCoy’s 13-year NFL career saw him play for five teams. While his role was predominantly that of a backup quarterback, he still secured substantial contracts.
He entered the NFL in 2010 after being drafted by the Cleveland Browns in the third round.
Though McCoy didn’t emerge as a league superstar, his consistency kept him on several rosters. His initial rookie contract with the Browns was worth nearly $5 million, setting the foundation for his future earnings.
In 2016, McCoy signed a three-year deal with the Washington Redskins for $9 million.
His ability to step in as a reliable backup player made him an attractive option for teams needing experienced quarterbacks. In 2018, he agreed to a two-year, $6.5 million extension, further contributing to his financial growth.
His most recent stint was with the Arizona Cardinals, where he served as backup to Kyler Murray.
The stability of this position, combined with his professionalism and ability to mentor younger players, kept his earnings steady even in the twilight of his career.
Awards and Achievements That Boosted His Earnings
During his time with the Texas Longhorns, McCoy became one of the most decorated quarterbacks in college football history.
Not only did he win prestigious awards like the Johnny Unitas Golden Arm Award and Davey O’Brien Award, but he also led his team to several bowl games.
His recognition as a two-time First-team All-American and multiple MVP titles also boosted his marketability and visibility, which had a positive impact on his NFL career.
These college accolades laid the groundwork for McCoy’s selection in the NFL Draft, and although he didn’t secure a starting quarterback role consistently, his awards helped solidify his reputation.
The Importance of His Backup Quarterback Role
Unlike most quarterbacks, McCoy found his niche as a backup, and he made the most of it.
His role in supporting starting quarterbacks like Kyler Murray and others was critical to his longevity in the league.
Teams valued his leadership, knowledge, and experience, which allowed him to continue earning through consistent contracts.
While not every player in his position could secure such deals, McCoy’s performance as a backup quarterback enabled him to maximize his earnings without the intense physical demands placed on starting quarterbacks.
Brand Endorsements and Public Image
While McCoy’s career was largely built on the field, off-the-field activities, such as endorsements, also played a role in his overall financial picture.
Though there aren’t extensive reports on his endorsement deals, McCoy’s clean image, commitment to charity, and love of outdoor activities like hunting and fishing likely aligned him with brands looking for relatable athletes.
One notable incident that bolstered McCoy’s image was when he swam across a lake to help save a man having a seizure in 2006.
This type of selfless act not only increased his media presence but also made him a public figure that brands might seek for endorsements.
His Personal Life and Its Influence on His Wealth
Colt McCoy’s stable family life has contributed positively to his public persona. Married to Rachel Glandorf, he is known for his devotion to his wife and children.
A well-balanced personal life often helps athletes maintain focus and longevity in their careers, and McCoy is no exception.
He enjoys outdoor activities such as hunting, fishing, and golfing, which may also open up potential endorsement opportunities, further adding to his wealth.
FAQs About Colt McCoy
What teams has he played for during his NFL career?
He played for the Cleveland Browns, San Francisco 49ers, Washington Redskins, New York Giants, and Arizona Cardinals.
Who is his spouse?
He is married to Rachel Glandorf, whom he wed in July 2010.
How many children does he have?
He has two daughters and one son.
What major awards did he win during his college career?
He won the Johnny Unitas Golden Arm Award, Davey O’Brien Award, and was a two-time First-team All-American.
What is his current role in the NFL?
He currently serves as a backup quarterback for the Arizona Cardinals.
Did he ever play as a starting quarterback?
Yes, though he spent most of his career as a backup quarterback, he started several games, especially early in his NFL career.
What college did he attend?
He attended the University of Texas, where he played football for the Texas Longhorns.
What major contracts did he sign in his NFL career?
His notable contracts include a three-year, $9 million deal with the Washington Redskins in 2016 and a two-year extension worth $6.5 million in 2018.
Conclusion
I hope you’ve enjoyed learning about Colt McCoy’s financial journey.
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