What is Drew Lock's Net Worth?
What is Drew Lock's Net Worth?
By Jason Bolton August 24, 2024 04:59
Mizzou standout, Drew Lock, rose through the ranks and became a household name across America thanks to his efforts on the football field, but many may not know that he's been making significant moves off the gridiron as well. In this Fan Arch feature, we'll focus on his earnings and net worth, discussing his career trajectory and what it means for the depth of his pockets.
Career History & Achievements of Drew Lock in the NFL
Early Life and College Career
Drew Lock was born on November 10, 1996 in Columbia, Missouri and went to Lee's Summit High School. Tt was there that the world took notice of his quarterback promise. Lock moved on to college football for the Missouri Tigers and broke numerous records while receiving several accolades. As a Tiger, Drew led the FBS in passing touchdowns, and was first-team All-SEC in 2017 and second-team all-conference in 2018.
NFL Draft and Teams
The Denver Broncos took Lock with the 42nd overall pick in the second round of the 2019 NFL Draft, hoping that the young stud from Mizzou could make an immediate impact. Lock hopped on the Broncos for three seasons (2019-2021), then jumped ship to Seattle in 55 days. Lock then became a journeyman and later signed a one-year deal with the New York Giants in March 2024, posing as New York's backup QB.
Key Stats and Registers
- Passing Attempts: 786
- Passing Completions: 469
- Completion Percentage: 59.7%
- Total touchdowns to interceptions: 28-23
- Passing Yards: 5,283
- Passer Rating: 79.5
Lock has shown flashes, though. A few instances of savvy juking, though often to his ruin, pulled out all the stops in defeating the Philadelphia Eagles with an impressive comeback win and touchdown drive that started on Denver's one-yard line-yard sack dance kick right back, technically knocking off a minute plus just for a slump-retardant tape.
Drew Lock's Sources of Income and Net Worth
NFL Contracts
Drew Lock is mainly an NFL contract earner. Lock agreed to a one-year, $5 million deal with the New York Giants for 2024 that includes a $2 million signing bonus and carries an injury guarantee of $4.9509 million for skillset/known injury.
- Base Salary: $2,950,000
- Signing Bonus: $2,000,000
- Workout Bonus: $50,000
- Cap Hit: $5,000,000
Endorsement Deals
While specifics of Lock's endorsement deals are sparsely reported, multiple NFL players use sponsorships and brand partnerships to boost their income. While whether or not he's any good remains up in the air, Lock is moving into a big market with another shot to prove it, and if what have you matters doesn't transfer over from CenturyLink Field, maybe some endorsement opportunities too.
Investments
Drew Lock's investments and business ventures outside of football are not publicly known. But many athletes put money into other businesses, like real estate or startups, to generate revenue in different areas. That might change as Lock's career grows in the future, though.
What's Lock's Net Worth?
According to official sources, Drew Lock has an approximate net worth of $10 million. This sum includes his career NFL salaries, possible endorsement money, and any investments he has made. With more years in the game and even larger contracts on his horizon, he just might elevate that net worth a little, right?
Drew Lock's Net Worth Analysis
Career Earnings
At the end of his rookie deal, Drew Lock's career earnings will constitute a significant portion of his overall net worth. His performance and longevity in the league have helped his financial standing, as he had contracts that totaled over $13 million and is currently signed with the Giants.
Sponsorship Deals
This comes with the territory as Lock makes a name for himself in the NFL. It is rare for a stadium to be made with just one purpose in mind, but more often than not, it suits the needs of professional franchises that rely on having an area within easy reach for their fans.
Asset Holdings
Although no publicly available accounts detailing Lock's investments, many pro athletes use real estate and other avenues to spread or grow their wealth. That said, if Lock had been smart about where he puts his money to work, they could have increased net worth nicely.
NFL Comparison
Since success and experience vary for players, we believe in comparing Drew Lock's net worth to other NFL quarterbacks. Great players like Patrick Mahomes and Aaron Rodgers already have net worths exceeding $100 million since they started young in the league with large contracts. For comparison, Lock's deposits of $10 million round him into the category of budding young quarterbacks.
Final Thoughts
Career Trajectory
His NFL future would be a huge determinant of Drew Lock's estimated net worth. Should he land a starting job with the Giants or another club this offseason, it could provide an extra payday to tack onto his total earnings. His performance on the field, having lost just once in 22 games as a professional, could also translate to endorsement opportunities that would boost his income.
Potential for Growth
If Lock continues progressing and earning experience, his stock as a player may rise. With a strong couple of seasons ahead, as the face of international football, he could also see dramatic increases in agreement value and endorsement earnings, which essentially means his bottom line will increase twice or even triple within several years.
He is estimated to have a net worth of around $10 million, and most often, this figure puts the start-studded training sessions by Drew Lock in perspective with his progress as an NFL quarterback. As he continues to make strides in the complex landscape of professional Football, his net worth is expected to change and will be affected by what performance on and off the field achieves, as well as endorsements or investments.
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