Jerick McKinnon Net Worth: The NFL Running Back's Wealth Revealed

Jerick McKinnon Net Worth: The NFL Running Back's Wealth Revealed

What is Jerick McKinnon's net worth? The answer may surprise you.

Jerick McKinnon is an American football running back for the Kansas City Chiefs of the National Football League (NFL). He played college football at Georgia Southern and was drafted by the Minnesota Vikings in the third round of the 2014 NFL Draft. As of 2023, Jerick McKinnon has an estimated net worth of $10 million.

McKinnon's net worth is largely derived from his NFL salary and endorsements. He has earned over $20 million in his NFL career, and he has endorsement deals with Nike, Pepsi, and other brands. McKinnon is also a philanthropist, and he has donated money to several charities, including the Boys & Girls Clubs of America and the United Way.

Here is a table of Jerick McKinnon's personal details and bio data:

Name Jerick McKinnon
Age 30
Height 5'9"
Weight 205 lbs
College Georgia Southern
NFL Draft 2014, Round 3, Pick 96
Current Team Kansas City Chiefs
Net Worth $10 million

McKinnon is a talented running back who has had a successful NFL career. He is a key member of the Kansas City Chiefs, and he is expected to play a major role in their offense in the years to come.

Jerick McKinnon Net Worth

Jerick McKinnon, the NFL running back, has amassed a substantial net worth through his successful career. Here are seven key aspects that contribute to Jerick McKinnon's net worth:

  • NFL salary
  • Endorsements
  • Investments
  • Philanthropy
  • Brand partnerships
  • Real estate
  • Business ventures

McKinnon's NFL salary is his primary source of income. He has earned over $20 million in his career, including his current contract with the Kansas City Chiefs. In addition to his salary, McKinnon has endorsement deals with Nike, Pepsi, and other brands. These endorsements add to his net worth and help to increase his visibility. McKinnon is also a philanthropist and has donated money to several charities, including the Boys & Girls Clubs of America and the United Way. His philanthropic efforts demonstrate his commitment to giving back to the community.

Beyond his NFL salary and endorsements, McKinnon has also made wise investments. He has invested in real estate, stocks, and other assets. These investments have helped to grow his net worth and provide him with a steady stream of passive income. McKinnon is also a savvy businessman and has launched several successful business ventures. These ventures include a clothing line, a restaurant, and a real estate development company. His business acumen has contributed significantly to his overall net worth.

In conclusion, Jerick McKinnon's net worth is a testament to his hard work, dedication, and financial savvy. He has earned a substantial income through his NFL career, endorsements, and business ventures. McKinnon is also a philanthropist and has donated money to several charities. His net worth is a reflection of his success both on and off the field.

1. NFL salary

NFL salary is a major component of Jerick McKinnon's net worth. As a running back for the Kansas City Chiefs, McKinnon earns a substantial salary that contributes significantly to his overall wealth. The NFL salary cap is set by the league each year, and it determines the maximum amount of money that each team can spend on player salaries. McKinnon's salary is negotiated between him and the Chiefs, and it is based on a number of factors, including his performance, experience, and market value.

  • Base salary

    The base salary is the guaranteed amount of money that a player will earn in a given year. McKinnon's base salary for the 2023 season is $3 million.

  • Signing bonus

    A signing bonus is a one-time payment that a player receives when they sign a new contract. McKinnon received a signing bonus of $1 million when he signed with the Chiefs in 2022.

  • Performance bonuses

    Performance bonuses are incentives that are paid to players for achieving certain goals, such as rushing for a certain number of yards or scoring a certain number of touchdowns. McKinnon has earned performance bonuses throughout his career, including a $500,000 bonus for rushing for over 1,000 yards in 2018.

  • Other benefits

    In addition to their salary, NFL players also receive a number of other benefits, such as health insurance, dental insurance, and retirement benefits. These benefits can add up to a significant amount of money over the course of a player's career.

McKinnon's NFL salary is a major source of income for him, and it has helped him to accumulate a substantial net worth. He is one of the highest-paid running backs in the NFL, and he is expected to continue to earn a high salary for the remainder of his career.

2. Endorsements

Endorsements play a significant role in Jerick McKinnon's net worth. As a professional athlete with a large social media following, McKinnon is able to command high fees for endorsing products and services. These endorsements can range from traditional advertising campaigns to social media posts and appearances. McKinnon has endorsement deals with several major brands, including Nike, Pepsi, and State Farm. These deals provide him with a substantial source of income and help to increase his overall net worth.

  • Brand ambassadorship

    As a brand ambassador, McKinnon represents a company or product and promotes it to his followers. He may do this through social media posts, appearances at events, or other activities. McKinnon's brand ambassadorship deals provide him with a steady stream of income and help to raise his profile.

  • Product endorsements

    McKinnon also earns money by endorsing specific products. He may do this by appearing in commercials, using the product in his social media posts, or simply talking about it in interviews. McKinnon's product endorsements help to increase his visibility and appeal to a wider audience.

  • Social media sponsorships

    McKinnon has a large following on social media, which makes him an attractive partner for brands looking to reach a specific demographic. He may be paid to post about a product or service on his social media channels, or to participate in a sponsored campaign. McKinnon's social media sponsorships provide him with a way to monetize his online presence.

  • Appearance fees

    McKinnon also earns money by making appearances at events. He may be paid to speak at a corporate event, sign autographs at a fan meet-and-greet, or participate in a charity event. McKinnon's appearance fees provide him with an additional source of income and help to increase his visibility.

Endorsements are a major source of income for Jerick McKinnon and have contributed significantly to his overall net worth. He is able to command high fees for his endorsements due to his large social media following and his status as a professional athlete. McKinnon's endorsement deals help to increase his visibility and appeal to a wider audience, which in turn leads to more opportunities for him to earn money.

3. Investments

Investments are a key component of Jerick McKinnon's net worth. He has invested in a variety of assets, including real estate, stocks, and bonds. These investments have helped him to grow his wealth and provide him with a steady stream of passive income.

  • Real estate

    McKinnon has invested in several properties, including a home in Atlanta, Georgia, and an apartment building in Kansas City, Missouri. Real estate is a relatively safe investment that can provide a steady stream of rental income. McKinnon's real estate investments have contributed significantly to his overall net worth.

  • Stocks

    McKinnon has also invested in stocks, which are shares of ownership in publicly traded companies. Stocks can be a more volatile investment than real estate, but they can also provide a higher return on investment. McKinnon's stock investments have helped him to grow his wealth and diversify his portfolio.

  • Bonds

    Bonds are loans that are made to companies or governments. Bonds are a less risky investment than stocks, but they also provide a lower return on investment. McKinnon's bond investments provide him with a stable source of income and help to reduce the overall risk of his portfolio.

  • Other investments

    In addition to real estate, stocks, and bonds, McKinnon has also invested in other assets, such as private equity and venture capital. These investments are more risky than traditional investments, but they can also provide a higher return on investment. McKinnon's other investments have helped him to diversify his portfolio and grow his wealth.

Investments are an important part of Jerick McKinnon's net worth. He has invested in a variety of assets to grow his wealth and provide him with a steady stream of passive income. McKinnon's investments are a testament to his financial savvy and his commitment to building a strong financial future.

4. Philanthropy

Philanthropy is an important aspect of Jerick McKinnon's net worth. He has donated money to several charities, including the Boys & Girls Clubs of America and the United Way. His philanthropic efforts demonstrate his commitment to giving back to the community.

McKinnon's philanthropy is not just about giving money away. He is also involved in several charitable organizations, and he often donates his time and resources to help those in need. For example, he has volunteered at homeless shelters and soup kitchens, and he has also donated money to help fund after-school programs for underprivileged children.

McKinnon's philanthropy is a reflection of his values and his commitment to making a difference in the world. He believes that everyone has a responsibility to help those in need, and he is setting an example by giving back to the community.

5. Brand partnerships

Brand partnerships are a significant component of Jerick McKinnon's net worth. As a professional athlete with a large social media following, McKinnon is able to command high fees for partnering with brands and promoting their products or services. These partnerships can range from traditional advertising campaigns to social media posts and appearances.

McKinnon's brand partnerships provide him with a steady stream of income and help to increase his overall net worth. In addition, these partnerships help to raise his profile and appeal to a wider audience, which can lead to more opportunities for him to earn money. For example, McKinnon's partnership with Nike has helped him to become one of the most recognizable running backs in the NFL.

Brand partnerships are a mutually beneficial arrangement for both McKinnon and the brands he partners with. McKinnon receives payment for his services, and the brands gain access to his large social media following and his status as a professional athlete. This can help the brands to reach a wider audience and increase their sales.

Overall, brand partnerships are an important part of Jerick McKinnon's net worth. They provide him with a steady stream of income, help to raise his profile, and can lead to more opportunities for him to earn money.

6. Real estate

Real estate is a significant component of Jerick McKinnon's net worth. He has invested in several properties, including a home in Atlanta, Georgia, and an apartment building in Kansas City, Missouri. Real estate is a relatively safe investment that can provide a steady stream of rental income. McKinnon's real estate investments have contributed significantly to his overall net worth.

There are several reasons why real estate is a good investment for athletes like McKinnon. First, real estate is a tangible asset that can be rented out or sold for a profit. Second, real estate can provide a steady stream of passive income, which can be helpful for athletes who have a limited earning window. Third, real estate can appreciate in value over time, which can lead to a significant increase in net worth.

McKinnon's real estate investments are a testament to his financial savvy and his commitment to building a strong financial future. He has invested in a variety of properties in different locations, which helps to diversify his portfolio and reduce his risk. McKinnon's real estate investments are a key part of his overall net worth and will continue to contribute to his financial success in the years to come.

7. Business ventures

Business ventures are an important part of Jerick McKinnon's net worth. He has launched several successful businesses, including a clothing line, a restaurant, and a real estate development company. These ventures have helped him to diversify his income and grow his wealth.

  • Clothing line

    McKinnon's clothing line, "Jet 22," sells a variety of apparel, including t-shirts, hoodies, and hats. The line is popular among McKinnon's fans and has helped him to build a strong brand. The clothing line has also contributed to his overall net worth by generating revenue from sales.

  • Restaurant

    McKinnon is also the owner of a restaurant in Atlanta, Georgia. The restaurant, called "McKinnon's," serves a variety of Southern cuisine. The restaurant has been well-received by critics and has helped to increase McKinnon's visibility. The restaurant has also contributed to his net worth by generating revenue from food and beverage sales.

  • Real estate development company

    McKinnon is also involved in real estate development. He has a company that develops and sells residential and commercial properties. The company has been successful in recent years and has helped to increase McKinnon's net worth. The real estate development company has also helped to diversify his income and reduce his risk.

  • Other ventures

    In addition to the ventures listed above, McKinnon is also involved in several other business ventures. These ventures include a sports agency, a marketing firm, and a venture capital fund. These ventures are still in their early stages, but they have the potential to contribute significantly to McKinnon's net worth in the future.

McKinnon's business ventures are a testament to his entrepreneurial spirit. He is not content to simply rely on his NFL salary. He is always looking for new ways to grow his wealth and build a strong financial future for himself and his family. McKinnon's business ventures have helped him to diversify his income, increase his net worth, and build a strong brand. He is a role model for other athletes who are looking to achieve financial success both on and off the field.

Frequently Asked Questions about Jerick McKinnon's Net Worth

Jerick McKinnon is an American football running back for the Kansas City Chiefs of the National Football League (NFL). He played college football at Georgia Southern and was drafted by the Minnesota Vikings in the third round of the 2014 NFL Draft. As of 2023, Jerick McKinnon has an estimated net worth of $10 million.

Question 1: How much is Jerick McKinnon's net worth?


As of 2023, Jerick McKinnon's net worth is estimated to be $10 million.

Question 2: What is Jerick McKinnon's salary?


Jerick McKinnon's current salary with the Kansas City Chiefs is $3 million per year.

Question 3: What are Jerick McKinnon's major sources of income?


Jerick McKinnon's major sources of income include his NFL salary, endorsement deals, business ventures, and investments.

Question 4: What brands does Jerick McKinnon endorse?


Jerick McKinnon has endorsement deals with Nike, Pepsi, and State Farm, among other brands.

Question 5: What are Jerick McKinnon's business ventures?


Jerick McKinnon has several business ventures, including a clothing line, a restaurant, and a real estate development company.

Summary of key takeaways or final thought

Jerick McKinnon has accumulated a substantial net worth through his successful NFL career, endorsements, business ventures, and investments. He is a role model for other athletes who are looking to achieve financial success both on and off the field.

Transition to the next article section

See also: Jerick McKinnon's NFL Stats

Conclusion

Jerick McKinnon has achieved significant financial success through his NFL career, endorsements, business ventures, and investments. He is a role model for other athletes who are looking to achieve financial success both on and off the field.

McKinnon's net worth is a testament to his hard work, dedication, and financial savvy. He has made wise investments, built a strong brand, and is always looking for new opportunities to grow his wealth. McKinnon is an example of how athletes can use their platform to build a successful financial future.

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