What is Trey Lance's Net Worth?
What is Trey Lance's Net Worth?
By Oliver Wiener July 29, 2024 02:41
Trey Lance is the dynamic quarterback whose career trajectory has captured the imagination of fans and analysts alike. As we move through 2024, it's not just his on-field prowess drawing attention. Lance's financial landscape is becoming increasingly noteworthy, reflecting his NFL earnings, savvy off-field investments, and lucrative endorsements. As of 2024, Trey Lance's net worth is estimated to have experienced a significant surge, a testament to his growing influence within and beyond the sports arena. Lance's financial portfolio is diverse and robust thanks to a combination of his rookie contract, performance bonuses, and an expanding portfolio of endorsements.
Net Worth of Trey Lance in 2024
Trey Lance's net worth in 2024 is reported to be locked at $12 million. This impressive number illustrates the financial virtues of being a high-level NFL draftee and the potential for future earnings growth.
NFL Contract
Quarterback Trey Lance received a four-year, $34.1 million deal with the San Francisco 49ers after being selected No. 3 overall in the 2021 draft. He included his signing bonus of nearly $22.1 million as part of that total amount per ESPN. Thanks to his guaranteed contract, Lance has a firm base salary of $940,000 in 2023 and another $1.055 million in 2024.
In addition, Lance's contract carries roster bonuses that will inflate his salary for 2024 to $24.255 million. Early in his professional career, these guaranteed payments helped lay the foundation for that massive net worth.
Endorsement Deals
He wasted no time getting into the endorsement game, using his status as a high draft pick of one of the league's most storied franchises to team up with some big-time brand. He has worked with brands such as Panini, Chipotle, Bose, Old Spice, and Sleep Number Cantu Beauty.
While the exact financial terms of those deals were not shared publicly, one can surmise that they likely helped considerably beef up Trey Lance's net worth for a young, rising NFL star.
Potential Future Earnings
With Trey Lance expected to mature and emerge as a starting quarterback in the NFL, his financial ceiling soars higher. Since he still has the chance to land a massive contract extension, his net worth might keep growing in the upcoming years.
Comparison with Other Young QBs in the NFL
Comparing Lance's net worth to that of other young NFL quarterbacks shows that he is already among the richest in his class. This puts the figure alongside an assessment for Chicago Bears rookie Justin Fields, who was picked 11th overall, as both at $8 million somewhere in this range by then. While Zach Wilson, the second overall pick in the 2021 NFL draft by the New York Jets, has a net worth of nearly $10 million.
These players have also signed their respective rookie contracts, but Lance's endorsement deals, coupled with his draft value, will lead to him earning more money at this point in his career.
Trey Lance's net worth will likely increase as he develops and potentially becomes a starting quarterback in the league, making him wealthier than his peers and among one of the richest young players in NFL history. He seems to have created the full package of talent, potential, and marketability; we will hear more sooner rather than later about his net worth.
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