What is Jonathan Owen's Net Worth in 2024?

By Jason Bolton April 04, 2024 13:43

Jonathan Owens, a prominent safety in the NFL, has garnered attention for his remarkable on-field performances and his overall financial standing.

Jonathan Owens: A Rising NFL Star

Jonathan Owens is a talented NFL player who has made a significant impact in the league.

His journey from being an undrafted free agent to becoming a valued member of the Houston Texans and later the Chicago Bears is a testament to his perseverance, dedication, and hard work.

Career Highlights

Owens's path to the NFL began with an outstanding collegiate career at Missouri Western State University, where his athletic prowess and football intelligence gained attention.

Despite going undrafted, his resilience and dedication led him to sign with the Houston Texans, showcasing significant promise on the field. His journey in the NFL is marked by his commitment to improving his game and his ambition to become a key player in the league.

Personal Life: Partnership with Simone Biles

Off the field, Jonathan Owens's life is enriched by his marriage to Olympic gymnast Simone Biles.

Their partnership symbolizes mutual support and shared athletic passion, balancing a demanding professional career with a fulfilling personal life.

Jonathan Owens's Net Worth

As of 2023, Jonathan Owens's net worth was noted at $7 million, reflecting his financial success and growing presence in the world of professional sports.

In 2024, his net worth and potential earnings have seen significant changes, particularly due to his contract details and additional income sources.

NFL Contract Details

Owens's primary source of income is his NFL contract with the Chicago Bears. As of 2024, his contract is valued at $4.05 million, with $1 million guaranteed.

His contract breakdown includes a 2024 Salary Cap Charge of $2,225,000, translating to 0.86% of the cap, and a 2024 Cash Payout of $2,000,000, which accounts for 0.84% of spending.

The contract includes a 2025 Salary Cap Charge of $2,525,000, representing 1.0% of the cap, with a 2025 Cash Payout of $2,050,000.

Annual Base Salary

Owens's annual base salary has seen a steady increase over the years. In 2024, his base salary is reported at $1,310,000, while in 2025, it is set to rise to $1,610,000. These figures form the core of his earnings from the Bears.

Prorated Signing Bonus

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The prorated signing bonus is another component of Jonathan Owens's income. In 2024, this bonus amounts to $375,000, contributing to his total earnings. The prorated signing bonus is a standard feature in NFL contracts, designed to offer players a balanced distribution of income.

Performance-Based Bonuses

In addition to his base salary, Jonathan Owens may have the opportunity to earn performance-based bonuses, such as per game roster bonuses and workout bonuses, as outlined in his contract.

Potential Earnings and Endorsement Deals

Jonathan Owens's potential earnings in 2024 are estimated at $6,774,640, encompassing his contractual income and any potential performance bonuses.

As a professional athlete, he may have the opportunity to secure endorsement deals with various brands, serving as an additional income stream.

These potential earnings and the prospect of endorsement deals contribute to a comprehensive analysis of his financial standing as a professional athlete.

Jonathan Owens's net worth in 2024 has seen significant growth and diversification, primarily due to his lucrative NFL contract with the Chicago Bears, potential performance-based bonuses, and the prospect of endorsement deals.

His journey from an undrafted free agent to a valued player in the NFL, coupled with his personal life and partnership with Simone Biles, showcases a multifaceted personality and a balanced approach to professional and personal success.