What is Geno Smith's Net Worth?

By Fan Arch August 12, 2024 08:53

Photo by Getty Images

In the dynamic world of professional football, player earnings and net worth are often topics of intrigue and speculation among fans and analysts alike. One name that has gained attention in this context is Geno Smith, the quarterback who has navigated the highs and lows of the NFL with resilience and determination. In 2024, his net worth is around $5 million. As Smith continues to leave his mark on the field, many are curious about the financial success he has achieved off it. This article explores Geno Smith's net worth, delving into his earnings through contracts, endorsements, and other ventures to paint a comprehensive picture of his financial standing in professional sports.

Early Life and College Career

Geno Smith was born on October 10, 1990, in Miami, Florida. He is a former quarterback at Miramar High School, where he was the third-leading passer in Broward County history. Smith played college football for the West Virginia Mountaineers before being drafted by the New York Jets in 2013. He closed his college career with 11,662 passing yards and 98 TDs, winning Orange Bowl MVP honors while being named All-Big East multiple times.

NFL Career Overview

Draft and Early Years

Smith was chosen by the New York Jets in the second round of the 2013 NFL Draft. Smith faced his share of adversity with the Jets, including injuries and off-field detractors that affected his play. He threw for 5,962 yards and 28 touchdowns during four years with the team.

Transition to the Seahawks

Following his time with the Jets, Smith spent short stints with the Giants and Chargers before landing with the Seattle Seahawks in 2019. He initially signed a one-year, $895,000 contract as the third-string quarterback. He finally broke through in 2022, when the team made Russell Wilson their new quarterback after he was traded to the Denver Broncos. Russell Wilson threw for over 4,000 yards and 30 touchdowns, leading the Seahawks to a Wild Card appearance at 9-8.

Contact Details

For his efforts, Smith inked a three-year, $75 million deal with the Seattle Seahawks in 2023, including $40 million guaranteed. Projected 2024 Salary Cap Charge: $26.4 million, 10.1% of team effective cap. The contract drastically increases Smith's earning potential and security going forward.

Contributing Factors to Geno Smith's Net Worth

NFL Contracts

The main source of Geno Smith's net worth is his NFL contracts. The original deal he signed as a rookie with the Jets was just his first contract, but more importantly, so too is what he recently got from Seattle. Part of the structure of his present deal is other bonuses and incentives that could escalate his financial status even further.

Performance on the Field

The huge amount of money he will eventually make comes from what Smith does on the field. His eye-popping stats have solidified his status as a good starting quarterback. He is a two-time Pro Bowler, which doesn't hurt his marketing and sponsor appeal.

Endorsements and Sponsorships

Like most successful NFL players, Geno Smith can pick at various deals in this format once he reaches a certain level of success, either on the field or off. Such deals can have a profound impact on an athlete's net value. Also, with the escalation of Smith's status in football, he probably managed to stack up on a few endorsements that added to his income from playing.

Future Prospects

Financial Planning

Financial management is a big deal with athletes, thanks to the shore-duration working life in most professional sports. Perhaps this suggests that he has been smart with his money, especially considering how much spending cash a recent contract likely provided.

Future Earnings Potential

For his future, the earnings potential for Geno Smith still exists. Having signed a new contract in 2020 that takes him through to 2025, he will keep increasing his net worth if he keeps performing at current levels. Also, if he lands more endorsement deals or investment opportunities for business ventures that pan out, it could turn things around rather impressively in the financial department.

Geno Smith's $5 million net worth in 2024 is achieved through his years of play and potential to get additional endorsements along the way. The trek from a talented college quarterback to the Pro Bowl player, defines the challenges and triumphs that professional athletes encounter. While Smith is still at the top of his game with the Seattle Seahawks, he looks in great shape financially and has more opportunities both on and off-field to make money at the end of his playing career.

SHOP Mystery Signed Memorabilia

Mystery Signed Football 8x10 Photo

Regular price

$29.99

Regular price

Sale price

$29.99

Unit price

per
Mystery Signed Baseball Jersey

Regular price

$69.99

Regular price

Sale price

$69.99

Unit price

per
Mystery Signed Football Jersey

Regular price

$69.99

Regular price

Sale price

$69.99

Unit price

per
Mystery Signed Baseball 8x10 Photo

Regular price

$29.99

Regular price

Sale price

$29.99

Unit price

per