When discussing the financial journeys of athletes, Lavar Arrington stands out as a prominent figure. With a football career spanning across high school glory, college stardom at Penn State, and a celebrated run in the NFL, Lavar Arrington net worth has been built through years of hard work, achievements, and strategic moves.
As a former Washington Redskins star who later joined the New York Giants, he made significant strides in the league.
In this article, we’ll uncover the financial story of Lavar Arrington, from his NFL salary to his ventures in broadcasting and entrepreneurship, presented by Andomoney.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Lavar RaShad Arrington |
| Popular Name | Lavar Arrington |
| Gender | Male |
| Birth Date | June 20, 1978 |
| Age | 46 (as of 2024) |
| Parents | Michael and Carolyn Arrington |
| Siblings | Michael (brother), Eric (brother) |
| Birthplace | Pittsburgh, Pennsylvania |
| Nationality | American |
| Ethnicity | African American |
| Education | North Hills Middle School, The Pennsylvania State University |
| Marital Status | Married |
| Spouse | Trishia Arrington |
| Children | Four |
| Dating | N/A |
| Net Worth | $20 Million |
| Source of Wealth | NFL, Broadcasting, Business Ventures |
| Height | 6 ft 3 in (1.91 m) |
What is the Net Worth of Lavar Arrington in 2024?
As of 2024, Lavar Arrington’s net worth is estimated to be $20 million. This wealth was primarily built through his NFL contracts, business ventures, and broadcasting roles post-retirement.
To provide context, Arrington’s financial status sits alongside many notable figures in the sports and entertainment industry. Here are some related individuals and brands:
- Washington Redskins
- New York Giants
- Joe Paterno
- Carmelo Anthony
- Clinton Portis
- FS1
- NFL Network
- Xtreme Procision
- Leap Management
If you’re curious to explore similar wealth in the sports world, discover the wealthiest players in the NFL.
Lavar Arrington Salary and Finance Overview
How He Built His Wealth Through His NFL Career
Lavar Arrington began building his wealth when the Washington Redskins drafted him 2nd overall in the 2000 NFL Draft. This marked the start of his professional football journey, setting the stage for lucrative contracts and impressive earnings.
Throughout his six seasons with the Redskins, Arrington quickly became a key player, leading to a massive contract extension in 2003: 8 years worth $68 million. This contract significantly contributed to his net worth, although he did not earn the full amount due to its early termination.
Later, in 2006, Arrington signed a 7-year contract with the New York Giants valued at $49 million. However, his tenure with the Giants was short-lived as he sustained a significant injury in Week 7, rupturing his Achilles tendon, which led to his early release and retirement. Despite the setback, the initial signing bonuses and guarantees from his contracts greatly impacted his overall wealth.
His Total Career Earnings and Salary Highlights
Arrington’s professional career saw him accumulate an estimated $44 million in total NFL earnings. This includes his base salary, bonuses, and additional incentives during his time with the Redskins and Giants.
One financial hiccup during his career was a contract mishap involving his agent, who missed $6.5 million in bonuses within the Redskins’ contract. Nevertheless, this did not significantly hinder his overall financial gains.
His early retirement due to injury meant that Arrington did not earn the full potential of his career contracts, but his strategic investments and career pivots allowed him to maintain and grow his wealth after leaving the NFL.
His Post-NFL Ventures and Income Streams
Upon retiring from the NFL, Arrington shifted his focus to sports broadcasting and business ventures. He started as a sports analyst for Comcast SportsNet and later became a mainstay on the NFL Network’s “NFL AM” program.
His broadcasting expertise expanded further when he became a football analyst on FS1’s “Speak For Yourself.”
Additionally, he co-hosted “The Lavar Arrington Show with Chad Dukes” on Washington, D.C. radio, adding further to his income.
Not stopping there, Arrington ventured into entrepreneurship, founding a sports agency, Leap Management, in 2008.
He also started Xtreme Procision (XP) in 2010, a state-of-the-art training system for aspiring football players, offering camps nationwide.
Awards and Achievements Contributing to His Recognition and Value
Before making waves in the NFL, Lavar Arrington had a decorated college career. He won the Chuck Bednarik Award, Dick Butkus Award, and Lambert Award in 1999, and he was a Heisman Trophy candidate that year.
His outstanding performance at Penn State and subsequent honors set the foundation for a lucrative professional career.
During his time in the NFL, Arrington earned accolades as a 3-time Pro Bowler and was named to the PFWA All-Rookie Team, further enhancing his marketability and value within the league.
His Early Life and Athletic Foundation
Lavar Arrington’s path to fame and fortune began in high school, where he was already making headlines. He was named Parade National Player of the Year and Gatorade Player of the Year, among other honors.
His exceptional performances in multiple sports, including football and basketball, drew attention from major college programs.
Choosing to attend Penn State, Arrington made a name for himself with his iconic play known as “The Lavar Leap,” which earned him significant recognition and contributed to his future financial opportunities.
Personal Life and Its Influence on His Financial Decisions
Arrington’s personal life has also played a role in his financial decisions. Married to Trishia, with whom he shares four children, Arrington has focused on ensuring financial security for his family post-NFL.
His decision to open “The Sideline,” a restaurant in Landover, Maryland, though it ultimately went bankrupt, shows his willingness to explore business opportunities beyond sports.
FAQs About Lavar Arrington
What Awards Did He Win During His College Career?
Arrington won several prestigious awards, including the Chuck Bednarik Award, Dick Butkus Award, and Lambert Award in 1999.
What Was His Role with the Washington Redskins?
He played as a linebacker for the Redskins from 2000 to 2005 and was known for his impactful plays and leadership on the field.
How Did He Transition to Broadcasting?
After retiring from the NFL, Arrington became a sports analyst for Comcast SportsNet and later worked with NFL Network and FS1.
What Is Xtreme Procision?
Xtreme Procision is a football training system founded by Arrington in 2010, focusing on developing young talent through state-of-the-art techniques.
Did He Have a Business Venture Outside of Football?
Yes, Arrington opened a restaurant named “The Sideline” in Landover, Maryland, though it closed down in 2009.
What Injury Led to His Retirement?
Arrington suffered a ruptured Achilles tendon while playing for the New York Giants in 2006, which significantly impacted his career.
Who Managed His Contracts in the NFL?
Arrington’s contracts were managed by agent Carl Poston, who was later suspended for mishandling the details of his contract with the Redskins.
What High School Accolades Did He Receive?
He was the 1996 Parade National Player of the Year, Bobby Dodd National High School Back of the Year, Gatorade Player of the Year, and USA Today Pennsylvania Player of the Year.
Did He Play Other Sports Besides Football?
Yes, besides football, Arrington was a standout in basketball and track and field during his high school years.
Where Did He Attend College?
Arrington attended Penn State University, where he played for the Nittany Lions football team.
Conclusion
Lavar Arrington’s financial journey is as dynamic as his football career.
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