Matt Prater net worth has been a hot topic among NFL enthusiasts, especially as his long and successful career continues with the Arizona Cardinals.
From setting records with the longest field goals to being named an NFL Pro Bowl selection, his financial journey is filled with exciting highlights.
In this article, we at Andomoney will dive deep into how his professional achievements, awards, and consistent performance have contributed to his income.
We’ll also uncover the specific ways his NFL career has led to substantial earnings and why he remains a valuable asset to any team.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Matthew Phillip Prater |
| Popular Name | Matt Prater |
| Gender | Male |
| Birth Date | August 10, 1984 |
| Age | 40 (as of 2024) |
| Parents | John Prater, Stacy Prater |
| Siblings | N/A |
| Birthplace | Mayfield Heights, Ohio, USA |
| Nationality | American |
| Ethnicity | N/A |
| Education | Estero High School, UCF Knights |
| Marital Status | N/A |
| Spouse | N/A |
| Children | Pax Prater |
| Dating | N/A |
| Net Worth | $4 million (2024) |
| Source of Wealth | NFL career |
| Height | 5 feet 10 inches (1.78 meters) |
What is the Net Worth Of Matt Prater in 2024?
As of 2024, Matt Prater net worth is estimated at $4 million. This figure comes from his long-standing NFL career, particularly his contracts and consistent performance as a placekicker for teams like the Denver Broncos and the Arizona Cardinals.
Compared to other prominent kickers and NFL figures, his wealth places him among well-regarded NFL athletes, though not at the very top. Some of his peers and competitors in similar financial standing include:
- Justin Tucker
- Jason Hanson
- Brandon Mcmanus
- Robbie Gould
- Morten Andersen
- Arizona Cardinals
- Detroit Lions
- Pro Bowl
- Denver Broncos
- UCF Knights
Check out more about the highest-paid NFL players in our detailed coverage here.
Matt Prater Salary and Finance Overview
How His NFL Career Contributed to His Income
Matt Prater‘s wealth can largely be attributed to his contracts and bonuses from his tenure in the NFL. Starting with the Detroit Lions in 2006 as an undrafted free agent, Prater worked his way up, solidifying his reputation.
His breakthrough came during his time with the Denver Broncos, where he was recognized for his leg strength and ability to perform under pressure.
Each year in the NFL saw an increase in his value, resulting in higher salary offers and contract negotiations.
Awards and Achievements That Boosted His Earning Potential
Over his career, Prater’s success in setting multiple records elevated his profile, which directly influenced his earning potential. For example, he holds the NFL record for the longest field goal, a 64-yard kick made in 2013.
Additionally, his title as one of the top kickers for 50+ yard field goals has kept him in high demand. Pro Bowl selections in 2013 and 2016, coupled with multiple AFC Special Teams Player of the Week and Month awards, also contributed to significant bonuses.
The Role of Endorsements and Sponsorships in His Financial Growth
While Prater’s primary income has come from his NFL contracts, endorsements and sponsorships have also played a role in his financial growth.
His achievements on the field, especially as a consistent long-distance kicker, made him an appealing candidate for brand partnerships, especially within the sports and fitness sectors.
How Performance-Related Bonuses Impacted His Wealth
One of the unique aspects of being a top NFL placekicker is the availability of performance-related bonuses. These bonuses often depend on field goal accuracy, distance, and key game-winning plays.
Throughout his career, Matt Prater capitalized on his ability to kick long field goals, often surpassing 50 or even 60 yards, which led to additional financial incentives from the teams he played for.
Career Longevity and Its Impact on His Financial Stability
Another important factor contributing to Prater’s net worth is his career longevity. Having played in the NFL for nearly two decades, his consistent performance has allowed him to enjoy stable, lucrative contracts.
Even as newer kickers enter the league, his reliability and experience ensure that he remains valuable to teams like the Arizona Cardinals, where he continues to contribute to their success.
How His Leadership and Experience Added to His Value
As Prater’s career progressed, his leadership became another source of value. Veterans like him often play a crucial role in mentoring younger players and contributing to team dynamics.
This experience, combined with his reliability on the field, has made him an asset, reflected in his contract renewals with teams like the Arizona Cardinals and Detroit Lions.
Contribution of His College Football Success to His NFL Entry
Prater’s success didn’t start in the NFL. His achievements at UCF Knights during college, where he set records for long-distance kicks and punting, laid the foundation for his professional career.
It was these early accomplishments that helped him secure opportunities with major NFL teams.
Post-NFL Career and Financial Decisions
Looking forward, Prater’s financial future may involve potential business ventures or coaching roles.
Many NFL players transition to roles within the sport after retirement, whether through broadcasting or becoming part of team staff.
Prater’s expertise as a kicker could open doors to post-career opportunities that will further boost his wealth.
FAQs About Matt Prater
How long has he played in the NFL?
He has been in the NFL since 2006, making his career span nearly two decades.
Which team is he currently playing for?
He currently plays for the Arizona Cardinals.
What NFL records does he hold?
He holds the NFL record for the longest field goal (64 yards) and most 50+ yard field goals in a career.
Has he won any Pro Bowl selections?
Yes, he has been selected to the Pro Bowl twice, in 2013 and 2016.
What college did he attend?
He attended and played football for UCF Knights.
What is his career-longest field goal?
His longest field goal is 64 yards, a record set in 2013.
How many field goals has he kicked in the NFL?
Prater has kicked 403 career field goals as of 2024.
What awards has he won throughout his NFL career?
He has won multiple Special Teams Player of the Week and Player of the Month awards in both the AFC and NFC.
How did his college football success influence his NFL career?
His record-setting performances at UCF helped him secure early NFL opportunities.
Conclusion
I hope this comprehensive analysis of Matt Prater net worth, achievements, and income overview has provided valuable insights.
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