Richard Sherman has made a significant impact both on and off the field, with his career and financial success placing him among the top earners in the NFL.
From his early days with the Seattle Seahawks to his lucrative contracts with the San Francisco 49ers, Sherman has built a solid financial foundation through football and endorsements with brands like Nike and T-Mobile.
At Andomoney, we dive into Richard Sherman net worth, his major contracts, and the financial decisions that have shaped his wealth over the years.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Richard Kevin Sherman |
| Popular Name | Richard Sherman |
| Gender | Male |
| Birth Date | March 30, 1988 |
| Age | 36 (as of 2024) |
| Parents | Kevin Sherman, Beverly Sherman |
| Siblings | Branton Sherman |
| Birthplace | Los Angeles, California |
| Nationality | American |
| Ethnicity | African American |
| Education | Stanford University (BA) |
| Marital Status | Married |
| Spouse | Ashley Moss |
| Children | Rayden Sherman, Avery Sherman |
| Dating | N/A |
| Net Worth | $40 million |
| Source of Wealth | NFL, Endorsements |
| Height | 6 feet 3 inches (1.91 meters) |
What is the Net Worth of Richard Sherman in 2024?
Richard Sherman has amassed a net worth of $40 million as of 2024. His wealth comes primarily from his time as a star NFL cornerback, combined with several lucrative endorsement deals.
Throughout his career, Sherman’s contracts with the Seattle Seahawks and San Francisco 49ers have contributed significantly to his earnings. When compared to other prominent NFL figures, Sherman’s net worth is impressive but not as high as some of the wealthiest players in the league.
Comparable Individuals/Brands:
- Skip Bayless
- Shannon Sharpe
- Nike
- Beats by Dre
- Cam Newton
- Russell Wilson
- Aaron Rodgers
- Tom Brady
- T-Mobile
- BODYARMOR
For more information on the wealthiest NFL players, check out this comprehensive list here.
Salary and Finance Overview
How He Built His Wealth: Key Factors Contributing to His Financial Success
Richard Sherman’s financial success is a result of a combination of skill, timing, and smart financial decisions.
After his stellar performance in college football at Stanford, where he transitioned from wide receiver to cornerback, Sherman entered the 2011 NFL Draft.
Selected in the fifth round by the Seattle Seahawks, he signed a four-year, $2.22 million contract.
His early career included key moments such as Super Bowl XLVIII in which he played a vital role in the Seahawks’ victory.
This win and his stellar defense throughout his first few seasons significantly boosted his market value.
Major Contracts That Boosted His Earnings
Sherman’s first major contract came in 2014 when he signed a four-year, $56 million extension with the Seattle Seahawks, of which $40 million was guaranteed.
This deal firmly established him among the top-paid players in the NFL.
In 2018, after being released by the Seahawks due to an Achilles injury, Sherman signed with the San Francisco 49ers on a three-year, $39 million contract.
His strong performance on the 49ers further solidified his financial standing, even as he faced fines and occasional injuries.
Endorsement Deals and Business Ventures
Off the field, Sherman has been strategic in securing endorsement deals with major brands like Nike, T-Mobile, Beats by Dre, and BODYARMOR. These deals have provided him with significant income beyond his NFL contracts.
His business ventures have been carefully aligned with his personal brand, allowing him to maintain relevance even as his NFL career has begun to wind down.
Key Achievements and Awards That Elevated His Market Value
Sherman’s career achievements played a pivotal role in elevating his market value. He has been selected to the Pro Bowl five times and earned All-Pro honors three times.
His standout performance as the NFL interception leader in 2013 further demonstrated his talent and contributed to the Seahawks’ defensive dominance.
Sherman’s contributions to the Legion of Boom, the famous Seattle Seahawks secondary, also increased his value as a player.
His presence in three Super Bowl appearances (winning Super Bowl XLVIII) helped to further his standing as one of the greatest cornerbacks in NFL history.
Impact of Personal Life and Philanthropy on His Financial Standing
In addition to his professional success, Sherman’s personal life has had a positive impact on his public image.
Married to Ashley Moss, with whom he has two children, Sherman’s family-oriented lifestyle has made him more relatable to fans and brands alike.
His philanthropic efforts are also worth noting.
In 2013, Sherman founded Blanket Coverage – The Richard Sherman Family Foundation, which aims to provide resources like clothing and school supplies to underprivileged children.
This foundation has enhanced his reputation as both a generous and socially responsible figure, attracting brands that align with his values.
Post-NFL Career and Ongoing Financial Ventures
As Sherman’s time in the NFL winds down, he has transitioned into new roles that continue to add to his financial success.
In August 2023, he joined Skip Bayless on the sports talk show Undisputed following the departure of Shannon Sharpe.
This media role, along with potential future business ventures, indicates that Sherman’s income stream will continue to grow in the coming years.
FAQs About Richard Sherman
What position did he play in the NFL?
He played as a cornerback, widely regarded as one of the best in NFL history.
Which NFL teams did he play for?
He played for the Seattle Seahawks, San Francisco 49ers, and Tampa Bay Buccaneers.
What are his notable awards and achievements?
He is a Super Bowl champion (XLVIII), a five-time Pro Bowl selection, and was the NFL interception leader in 2013.
What is his education background?
He attended Stanford University, where he earned a BA in communications.
What are some of his endorsement deals?
He has signed deals with Nike, T-Mobile, Beats by Dre, and BODYARMOR.
Does he have a family?
Yes, he is married to Ashley Moss and has two children: Rayden Sherman and Avery Sherman.
What charities is he involved in?
He founded Blanket Coverage – The Richard Sherman Family Foundation, focusing on providing resources to low-income communities.
Has he appeared in media or broadcasting roles?
Yes, in 2023, he joined Skip Bayless on the sports show Undisputed.
Conclusion
Richard Sherman’s career has made him a standout figure both on and off the field. From NFL contracts to endorsements and philanthropy, his financial journey is nothing short of remarkable.
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