When looking into Matt Millen net worth, it’s clear that his journey from NFL player to executive, and eventually broadcaster, has significantly influenced his financial status.
As a four-time Super Bowl champion and former CEO of the Detroit Lions, his wealth is a reflection of his storied career.
In this article, we will explore how he built his wealth through various phases of his career, focusing on his executive role and broadcasting success.
My name is Andomoney, and I’ve carefully compiled this detailed insight for andomoney.com readers who want a thorough understanding of Matt Millen’s financial journey.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Matthew George Millen |
| Popular Name | Matt Millen |
| Gender | Male |
| Birth Date | March 12, 1958 |
| Age | 66 (as of 2024) |
| Parents | N/A |
| Siblings | Hugh Millen, Eileen Tsamulalis, Harriet Fassman, Kathleen, Jean Daughtry, Mary Schrim, Andrew Millen, Nancy Ringer, Beth Klepeiss, Edward Millen |
| Birthplace | Whitehall Township, Pennsylvania |
| Nationality | American |
| Ethnicity | Caucasian |
| Education | Whitehall High School transportation, The Pennsylvania State University |
| Marital Status | Married |
| Spouse | Patricia Millen |
| Children | Four including Matt Millen Jr, Marcus Millen, Michalyn Millen, Marianne Millen |
| Dating | N/A |
| Net Worth | $10 million (as of 2024) |
| Source of Wealth | NFL salary, executive role, broadcasting |
| Height | 6 feet 2 inches (1.88 meters) |
What is the Net Worth of Matt Millen in 2024?
As of 2024, Matt Millen’s net worth stands at an estimated $10 million.
This figure is primarily the result of his successful NFL career, followed by a significant tenure as the CEO of the Detroit Lions, and his roles in broadcasting.
When compared to other individuals in the sports and media industries, Millen’s net worth is modest but respectable. He is part of a group of influential NFL figures whose post-playing careers have contributed to their fortunes.
Here are some of his notable peers:
- John Madden
- Cris Collinsworth
- William Clay Ford Sr.
- Sean McDonough
- Joe Tessitore
- ESPN
- NFL Network
- Pat Summerall
- Raiders
- Detroit Lions
Interested in learning about others in the industry? Check out the wealthiest NFL figures on our list of top NFL earners.
Matt Millen Salary and Finance Overview
How He Built His Career in the NFL
Matt Millen’s 12-year NFL career started when he was drafted by the Oakland Raiders in the 1980 NFL Draft.
Over the years, he played for the Raiders, San Francisco 49ers, and Washington Redskins, winning a total of four Super Bowl rings.
His accomplishments on the field earned him recognition, but they also laid the foundation for his wealth.
His NFL salary, though not as astronomical as modern player contracts, was significant during his playing days. Millen’s position as a linebacker, coupled with his Pro Bowl selection in 1988, contributed to his career earnings.
Over time, his successes on the field helped establish his credibility and set the stage for the executive roles he would later take on.
His Role as an Executive and Its Financial Impact
Millen’s transition to an executive role as the CEO and General Manager of the Detroit Lions in 2001 was a bold move.
While his lack of front-office experience initially raised questions, it was a lucrative position that solidified his financial standing.
His salary as a general manager was one of the highest in the NFL, placing him in the upper echelon of executives.
Despite a rocky tenure with the Lions, which included a disappointing 31–81 record over seven seasons, Millen’s role came with notable contract extensions and bonuses.
His decisions as a GM, while controversial, did not hinder his overall financial trajectory, though they impacted his reputation.
Broadcasting Career and Income from Media Roles
After his time with the Lions, Millen made a successful return to broadcasting. He worked with major networks like CBS, Fox, ESPN, and the NFL Network.
As a color commentator, Millen’s experience and insight from his playing and executive careers made him a valuable asset to these networks. His earnings from these media roles significantly boosted his wealth.
At Fox, he worked alongside Dick Stockton, taking on high-profile NFL games. His role on Thursday Night Football and other major sports broadcasts further enhanced his earnings.
Millen also became a familiar face on ESPN College Football, expanding his portfolio and securing long-term financial stability through his media engagements.
Endorsements and Other Sources of Income
Though Millen did not pursue extensive endorsement deals, his time in the spotlight provided opportunities in sports media and broadcasting.
Additionally, his association with major sports networks increased his visibility, bringing in income through sponsorships tied to his commentary work.
While endorsements were not his primary source of income, his various roles in the NFL, executive suites, and media provided a steady flow of revenue.
His presence on Big Ten Network and work with NFL Network diversified his career and contributed to his long-term financial health.
Challenges and Financial Losses in His Career
No career is without its challenges, and for Millen, his role as the Detroit Lions’ general manager was a defining period. Despite his high salary, his tenure was marked by public criticism, poor draft choices, and a historically poor performance by the team.
The infamous “Fire Millen” movement highlighted the dissatisfaction of Lions fans, and this backlash impacted his career post-executive role.
The financial impact of these decisions, however, was mitigated by his broadcasting success and other ventures. While his time with the Lions may have affected his reputation, it did not severely hinder his financial standing.
FAQs about Matt Millen
How did he start his NFL career?
Millen started his NFL career when he was drafted by the Oakland Raiders in the second round of the 1980 NFL Draft.
What teams did he play for in the NFL?
He played for the Oakland Raiders, San Francisco 49ers, and Washington Redskins during his 12-year career.
What were his biggest achievements in football?
Millen won four Super Bowl rings with three different teams and was selected to the Pro Bowl in 1988.
What role did he have with the Detroit Lions?
He was the CEO and General Manager of the Detroit Lions from 2001 to 2008.
What networks did he work for as a broadcaster?
He worked for CBS, Fox, ESPN, and the NFL Network during his broadcasting career.
Conclusion
As we’ve seen, Millen’s financial journey is shaped by his NFL achievements and his post-football career.
For more insights and analysis on the wealth of other NFL personalities, feel free to leave a comment or explore more on andomoney.com here.
