At Andomoney, we dive deep into the financial stories of famous athletes, and today, we’re focusing on Plaxico Burress net worth.
Over the years, Plaxico has been an influential figure in the NFL, boasting significant earnings with key teams like the Pittsburgh Steelers and the New York Giants.
But what’s the journey behind those numbers? Let’s break down his career, contracts, and financial decisions that shaped his wealth.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Plaxico Antonio Burress |
| Popular Name | Plaxico Burress |
| Gender | Male |
| Birth Date | August 12, 1977 |
| Age | 47 |
| Parents | Vicki Burress (Mother), Father N/A |
| Siblings | Two brothers |
| Birthplace | Norfolk, Virginia, USA |
| Nationality | American |
| Ethnicity | N/A |
| Education | Green Run High School, Michigan State |
| Marital Status | Married |
| Spouse | Tiffany Glenn |
| Children | Son (Elijah), Daughter (Giovanna) |
| Dating | N/A |
| Net Worth | $1 million |
| Source of Wealth | Professional football (NFL) |
| Height | 6 ft 5 in (Approx. 1.96 m) |
What is the Net Worth Of Plaxico Burress in 2024?
In 2024, Plaxico Burress’ net worth stands at around $1 million. While this might seem modest for a former NFL star, it’s shaped by various career decisions and legal challenges over the years.
In comparison to other NFL athletes, Burress’ net worth is less than some of the wealthiest names in the league. Here’s how it stacks up against other notable figures in the NFL:
- Ben Roethlisberger
- Hines Ward
- Eli Manning
- Mark Sanchez
- Antonio Brown
- Michael Vick
- Tom Brady
- Peyton Manning
- Randy Moss
- Terrell Owens
To explore the fortunes of other prominent players, visit our list of the wealthiest NFL players.
Plaxico Burress Salary and Finance Overview
Career Earnings and Financial Journey
Over his 12 seasons in the NFL, Plaxico Burress accumulated approximately $29.5 million in earnings. His financial journey began with the Pittsburgh Steelers, where he played five seasons, and later continued with the New York Giants and New York Jets.
The most lucrative year for him was 2006, where he made $6.75 million, showcasing how his peak performance aligned with peak earnings.
His return to the Steelers in 2012 marked the closing chapter of his playing career, adding modest gains to his total earnings.
Major Contracts and Key Financial Milestones
His journey with the Pittsburgh Steelers was a significant financial milestone. Drafted in 2000, he signed an initial contract that set the stage for a series of performance-based contracts and bonuses.
Moving to the New York Giants was another pivotal point; a six-year contract worth $25 million, signed in 2005, pushed his earnings higher, further cemented by bonuses and performance incentives.
Although Burress faced suspensions and challenges during his stint with the Giants, the contracts still played a vital role in his financial story. His brief period with the New York Jets saw him securing $3 million in guaranteed earnings.
Achievements and Contributions to Wealth
Burress’ career-defining moment came in Super Bowl XLII, where he caught the game-winning touchdown for the New York Giants, contributing greatly to their victory over the undefeated New England Patriots.
This single performance not only enhanced his reputation but also his market value.
During his college years at Michigan State University, Burress set impressive records, catching 131 receptions and earning 2,155 receiving yards, which laid the foundation for his first professional contract.
His achievements as a wide receiver, including breaking 1,000-yard seasons multiple times, significantly impacted his contracts and endorsements.
Financial Challenges and Legal Troubles
Plaxico’s financial journey hasn’t been smooth. A significant turn came in 2008 when he suffered a self-inflicted gunshot wound at a New York nightclub, resulting in a two-year prison sentence.
This incident led to the New York Giants cutting ties with him, leading to financial loss.
His suspension in 2009 and 2010 impacted his income, and the legal costs associated with various lawsuits drained his finances further.
In 2018, his Totowa mansion faced foreclosure, contributing to his financial instability. These challenges have significantly influenced the difference between his career earnings and net worth.
Investments, Assets, and Personal Life
One notable asset in Burress’ financial portfolio was his Totowa, New Jersey mansion, purchased in 2005 for $1.5 million. However, the mansion eventually went into foreclosure, selling for around $999,000 in 2015. This loss reflects a decline in his financial management during a turbulent period in his life. On a personal note, Plaxico has been married to Tiffany Glenn since 2005 and has two children. His lifestyle and family choices have influenced his financial decisions, and despite the ups and downs, his family remains a constant support system.
Highlights of Career Achievements and Legacy
Plaxico Burress’ NFL career spanned across top teams and key moments, from being a top draft pick to securing a Super Bowl XLII victory.
His legacy as a player is marked not only by his records and contributions on the field but also by his resilience through financial and personal challenges.
Despite setbacks, Burress remains an influential figure in the world of football, and his journey serves as a learning experience for upcoming athletes.
Lessons Learned from Financial Ups and Downs
Burress’ financial journey emphasizes the need for financial planning, both during and post-career. Athletes can learn from his experience of balancing high-earning contracts with the challenges of legal issues and financial responsibilities.
It highlights the importance of proper contract negotiations, managing assets, and understanding the potential financial pitfalls associated with fame and sports.
FAQs about Plaxico Burress
How long did he play in the NFL?
He played for 12 seasons in the NFL, including stints with the Pittsburgh Steelers, New York Giants, and New York Jets.
What was his role in Super Bowl XLII?
He caught the game-winning touchdown pass, securing a 17-14 victory for the New York Giants over the previously undefeated New England Patriots.
Which teams did he play for?
He played for the Pittsburgh Steelers, New York Giants, and New York Jets over the course of his NFL career.
What legal troubles did he face?
He faced legal issues after accidentally shooting himself in 2008, leading to a two-year prison sentence and several civil lawsuits impacting his financial standing.
What are his achievements at Michigan State?
At Michigan State, he set records with 131 receptions, 2,155 receiving yards, and 20 touchdowns over just two seasons.
How did his contracts contribute to his wealth?
His major contracts with the Steelers and Giants played significant roles in his overall earnings, with highlights including a six-year, $25 million deal with the Giants.
What happened to his mansion in New Jersey?
His mansion in Totowa, New Jersey faced foreclosure in 2018 after mortgage payments ceased, and it sold for around $999,000.
Who is his spouse, and how many children does he have?
He is married to Tiffany Glenn, and they have two children together—Elijah and Giovanna.
What is his height and playing position?
He stands 6 ft 5 in tall and played as a wide receiver in the NFL.
Conclusion
We hope this article provided a clear perspective on Plaxico Burress net worth and his financial journey. If you enjoyed reading, feel free to leave comments, share, or check out more articles on andomoney.com.
