At Andomoney, we aim to provide you with detailed insights into the financial journey of rising NFL stars. Today, we’re focusing on Justin Herbert net worth.
As the Los Angeles Chargers’ quarterback, his lucrative contract extension and impressive performance have brought significant financial growth and career milestones.
Let’s explore the key factors contributing to his wealth, including his recent contract extension, earnings progression, and professional highlights.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Justin Patrick Herbert |
| Popular Name | Justin Herbert |
| Gender | Male |
| Birth Date | March 10, 1998 |
| Age | 26 (as of 2024) |
| Parents | Mark Herbert, Holly Herbert |
| Siblings | Patrick Herbert (Brother), Mitchell Herbert (Brother) |
| Birthplace | Eugene, Oregon, USA |
| Nationality | American |
| Ethnicity | N/A |
| Education | Sheldon High School; University of Oregon |
| Marital Status | N/A |
| Spouse | N/A |
| Children | N/A |
| Dating | N/A |
| Net Worth | $40 million (2024) |
| Source of Wealth | NFL Career (Quarterback) |
| Height | 6 feet 6 inches (1.98 meters) |
What is the Net Worth Of Justin Herbert in 2024?
As of 2024, Justin Herbert’s net worth is estimated at $40 million. This remarkable financial standing results from his lucrative contract extension, impressive performance on the field, and other earnings.
When compared to other prominent names in the NFL, Herbert stands tall but has some way to go to match the earnings of others in the league. Here are some notable names who share the spotlight with Herbert:
- Joe Burrow
- Patrick Mahomes
- Lamar Jackson
- Aaron Rodgers
- Josh Allen
- Tua Tagovailoa
- Tom Brady
- Kyler Murray
- Dak Prescott
- Russell Wilson
If you’re curious about how Justin Herbert’s wealth stacks up against other highly-paid NFL players, explore our comprehensive guide to the wealthiest NFL players.
Justin Herbert Salary and Finance Overview
Contract Extension and Earnings Overview
Justin Herbert signed a significant contract extension in July 2023, worth a total of $262 million over five years. This extension is structured to guarantee $220 million. What’s more interesting is that his first “new-money” year, 2025, will yield a whopping $100 million.
This contract not only solidified his place in the Chargers’ lineup through 2029 but also made him the highest-paid NFL player by average annual value at the time.
The deal includes a no-trade clause, ensuring that Herbert’s loyalty to the team and potential earnings are both protected.
Salary Growth and Career Earnings
Herbert’s financial journey started with his rookie contract in 2020, a four-year deal worth $26.6 million, fully guaranteed, and came with a $17 million signing bonus.
Over the years, his performance on the field directly influenced his salary growth.
From his early days setting rookie records to his pivotal role as a starter, each season’s achievements reflected a steady increase in his earnings.
The extension signed in 2023 significantly boosts his earnings trajectory. With the Chargers investing heavily in Herbert, his average annual salary is now one of the highest among NFL quarterbacks. The commitment from the team speaks volumes about his market value and potential to lead them to success.
Early Life and College Achievements Contributing to Wealth
Born and raised in Eugene, Oregon, Herbert’s journey to financial stardom began early.
His high school years were marked by standout performances in multiple sports, particularly football. As a quarterback for the Oregon Ducks, he demonstrated consistent excellence.
In his senior season, he led his team to victory in the Pac-12 Championship and won the Rose Bowl, earning the title of Offensive MVP.
His performance at Oregon paved the way for his NFL draft selection and, ultimately, his financial growth.
Rookie Year Success and Immediate Financial Impact
Herbert’s rookie season with the Chargers was nothing short of remarkable.
He broke multiple records, including most touchdown passes by a rookie quarterback (31). Moreover, he was named NFL Offensive Rookie of the Year in 2020.
These achievements quickly increased his market value, and his initial contract provided him with a solid financial foundation, establishing him as a promising asset for the team.
Professional Career Milestones and Awards
Since entering the NFL, Herbert has consistently achieved accolades and milestones.
From being selected as the 6th overall pick in the 2020 NFL Draft to earning Pro Bowl selections, his career trajectory has been upward. Herbert set multiple records, including franchise records with the Chargers for passing yards, touchdowns, and completions in his first seasons.
These accomplishments contributed to his growing earnings and ensured his position as a highly valued player.
Franchise Records and NFL Achievements
Herbert quickly made his mark, setting multiple rookie records, like the most 300-yard passing games (8) and total touchdowns (36).
Beyond his rookie year, he went on to break franchise records for the Chargers. With over 5,000 passing yards in a single season, he became the first in the team’s history to achieve such a feat.
His records not only increased his stature in the league but also played a crucial role in negotiating better contracts and bonuses.
Role and Performance as a Quarterback
As a quarterback, Herbert’s skills and abilities make him a valuable asset. Known for his strong arm, accuracy, and ability to read the game, he is a dual threat, both passing and rushing.
His leadership on the field has played a significant role in the Chargers’ successes and playoff pursuits, further elevating his market value and earning potential.
FAQs About Justin Herbert
What team does Justin Herbert play for in the NFL?
He plays as the quarterback for the Los Angeles Chargers.
When was he drafted into the NFL?
He was drafted as the 6th overall pick in the 2020 NFL Draft.
What is his highest earning season?
Herbert’s highest earning season is projected to be 2025, where he is set to earn $100 million under his contract extension.
Has he won any significant awards in his career?
Yes, he won the NFL Offensive Rookie of the Year award in 2020 and has been selected for the Pro Bowl.
What college did Justin Herbert attend?
He attended the University of Oregon, where he played for the Oregon Ducks.
How tall is he?
He stands 6 feet 6 inches tall (1.98 meters).
What was his rookie contract worth?
His rookie contract was worth $26.6 million, fully guaranteed, with a $17 million signing bonus.
What records has he set in the NFL?
Herbert has set several records, including most touchdown passes by a rookie quarterback (31) and most completions in a quarterback’s first two seasons.
Does he have any siblings who play sports?
Yes, his younger brother Patrick Herbert plays as a tight end for the Oregon Ducks, and his older brother Mitchell Herbert played as a wide receiver at Montana State University.
What is his jersey number?
Justin Herbert wears the jersey number 10 for the Los Angeles Chargers.
Conclusion
I hope you enjoyed exploring Justin Herbert’s net worth and his financial journey. Feel free to leave your thoughts, share this article, or explore more content on andomoney.com!
