Curious about Josh Allen’s financial success in the NFL? NFL Player Fortune dives into his net worth, career earnings, endorsements, and market value, offering a clear view of the top quarterback’s financial journey and latest figures in 2024.
Josh Allen Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Joshua Patrick Allen |
| Popular Name | Josh Allen |
| Gender | Male |
| Birth Date | May 21, 1996 |
| Age | 28 |
| Parents | Joel Allen, Lavonne Allen |
| Siblings | Jason Allen (Brother) |
| Birthplace | Firebaugh, California |
| Nationality | American |
| Marital Status | Dating |
| Dating | Hailee Steinfeld |
| Net Worth | $70 Million (2024) |
| Height | 6’5″ |
| Weight | 233 lbs |
| Number (No) | 17 |
| Career Information | Firebaugh High School, Wyoming |
| NFL Draft | 2018, Round 1, Pick 7 |
| Career History | Buffalo Bills (2018-present) |
| Career Highlights & Awards | 2× Pro Bowl, PFWA Most Improved Player, Bills records for passing yards and touchdowns |
| Career NFL Statistics | 24,469 passing yards, 181 touchdowns |
What is Josh Allen’s net worth in 2024?
As of 2024, Josh Allen’s net worth is estimated at $70 million. Known for his dynamic play with the Buffalo Bills, his fortune reflects strong career earnings, sponsorships, and wise investments. Among his peers, he stands alongside other high-earning NFL quarterbacks, showcasing financial growth comparable to some of the richest NFL players.
- Patrick Mahomes: $70 million net worth, backed by a $500 million contract.
- Lamar Jackson: Worth $45 million; valued for his endorsements and unique gameplay.
- Justin Herbert: $40 million; steadily climbing with strong endorsements.
- Joe Burrow: Worth $35 million; notable for a hefty recent contract extension.
Despite being slightly behind Mahomes, Allen’s trajectory in terms of endorsements and market appeal places him among the NFL’s wealthiest quarterbacks, ensuring his influence off the field.
What is Josh Allen’s salary/income in 2024?
In 2024, Josh Allen’s earnings showcase his prominence in the NFL. His total income for the year stands at around $60 million, including his base salary, signing bonuses, and roster bonuses. Allen’s six-year contract extension, signed in 2021, valued at $258 million, set him apart with an annual average of $43 million and included $150 million in guaranteed money. Notably, his base salary in 2024 is $1.125 million, while his total cap hit is $30.36 million.
Allen’s marketability isn’t limited to his salary. Endorsements with top brands like Nike, Gillette, and New Era add significantly to his annual earnings. His commitment to community impact through his cereal brand, Josh’s Jaqs, benefiting Oishei Children’s Hospital, enhances his market presence and contributes positively to his public image. With investments in OnCore Golf Technology and his family’s pistachio farm, Allen’s income sources and assets remain diverse, securing his future earnings beyond the football field.
Contract and Salary Details
In 2018, the Buffalo Bills drafted Allen as the seventh overall pick, signing him to his first contract—a four-year deal worth $21 million with full guarantees, a strong beginning for the young quarterback. But the defining moment for Allen’s finances came in 2021 when he signed a lucrative six-year extension with the Bills, locking in $258 million and making him one of the highest-paid quarterbacks in the NFL.
- Total Contract Value: $258 million
- Guaranteed Money: $150 million, including $100 million fully guaranteed at signing
- Average Yearly Salary (APY): $43 million
- Duration: 2021 to 2028
Allen’s commitment to Buffalo set a milestone for his earnings trajectory, as this long-term deal was structured to protect him with substantial guarantees while also providing the Bills with flexibility.
Cap Impact and Salary Structure
Each year, Allen’s contract impacts the Buffalo Bills’ salary cap in different ways, with the highest cap charge in 2026. This financial structuring is beneficial for both parties; the team gains strategic cap management, while Allen’s earnings remain secure through bonuses and incentives. The details for each year’s cap number, salary components, and Allen’s financial impact are as follows:
| Year | Base Salary | Prorated Bonus | Roster Bonus | Workout Bonus | Cap Number | Cap Percentage |
|---|---|---|---|---|---|---|
| 2021 | $920,000 | $6,663,742 | $0 | $2,618,595 | $10,202,337 | 5.7% |
| 2022 | $4,100,000 | $3,292,281 | $8,480,000 | $500,000 | $16,372,281 | 8.3% |
| 2023 | $1,080,000 | $8,579,281 | $8,480,000 | $500,000 | $18,636,281 | 9.4% |
| 2024 | $1,125,000 | $20,251,281 | $8,480,000 | $500,000 | $30,356,281 | 11.85% |
| 2025 | $14,000,000 | $20,251,281 | $8,480,000 | $500,000 | $43,231,281 | 15.3% |
| 2026 | $22,500,000 | $16,959,000 | $8,480,000 | $1,000,000 | $63,939,000 | 22.0% |
| 2027 | $14,000,000 | $16,959,000 | $25,000,000 | $1,000,000 | $56,959,000 | 18.9% |
| 2028 | $10,554,595 | $11,675,000 | $25,000,000 | $1,000,000 | $48,229,595 | 16.4% |
These cap hits represent a balance of base salary, roster, and workout bonuses, showing how each element contributes to Allen’s overall income while managing his impact on the team’s budget.
Endorsements and Sponsorship Earnings
Beyond his base salary, Josh Allen has expanded his earnings significantly through endorsements with major brands, adding to his career earnings. Partnering with Nike as a primary endorser, Allen has strengthened his brand image, which he leverages further with sponsorships from Gillette and New Era.
- Nike: Provides a substantial endorsement, positioning Allen as one of the brand’s lead NFL representatives.
- Gillette: His partnership with Gillette launched in 2022, expanding his visibility in the national market.
- Madden NFL Cover Athlete: Featured as the cover athlete, enhancing his brand presence.
These deals have increased Allen’s visibility and net worth, adding layers of income beyond his contract and ensuring financial stability and growth through partnerships.
Cash Flow and Yearly Payouts
Cash flow over the contract is a critical element of Allen’s financial security. Allen’s career earnings received a substantial boost in 2024 with his largest single-year payout of $60 million. The projected cash flow shows consistent, high-value payments each year, leading to a cumulative total that reflects his value to the Bills.
| Year | Total Cash Payout |
|---|---|
| 2021 | $20,000,000 |
| 2022 | $47,000,000 |
| 2023 | $27,000,000 |
| 2024 | $60,000,000 |
| 2025 | $26,000,000 |
| 2026 | $27,500,000 |
| 2027 | $39,500,000 |
| 2028 | $30,000,000 |
Through bonuses, salary, and incentives, this structured payout offers Allen stability and positions him as one of the top earners in the NFL. For more on an NFL player’s earnings breakdown, visit NFL Player Fortune.
Guaranteed Money and Contract Security
Allen’s contract secures him with a total of $150 million in guarantees, with $100 million fully guaranteed at signing. These guarantees include:
- Roster Bonuses: Each year, a portion of Allen’s earnings is secured via roster bonuses, which activate upon his continued place on the team.
- Additional Guarantees: Beyond the initial signing guarantee, Allen’s contract includes rolling guarantees, which are triggered each season if he remains on the roster.
This security ensures that Allen has reliable earnings even if unforeseen circumstances affect his play, making his contract one of the most protective and lucrative in the NFL.
Potential Incentives and Performance-Based Earnings
Allen’s contract includes incentives based on performance, allowing him to increase his annual income if certain benchmarks are met. These incentives include:
- Playoff Performance: Earnings escalators based on playoff appearances and success.
- Passing Yardage and Touchdown Milestones: Additional earnings if he exceeds season yardage or touchdown goals.
These performance-based opportunities, totaling up to $30 million over his contract period, reflect his skill and the high expectations surrounding his role on the team.
Business Ventures and Investments
Beyond football, Allen has invested in off-field ventures, including a stake in OnCore Golf Technology. This venture not only aligns with his interests but also allows him to expand his portfolio beyond sports.
Additionally, Allen has committed to his family’s pistachio farm in California, adding an agricultural investment to his wealth. These ventures diversify his income and highlight his strategic approach to long-term financial security.
Overview of Josh Allen
Josh Allen, born May 21, 1996, in Firebaugh, California, is a quarterback for the Buffalo Bills in the NFL. Raised on a family farm, he excelled in multiple sports during high school. Initially overlooked by top college programs, Allen attended Reedley College and then the University of Wyoming, where he gained attention for his strong arm and athleticism. Drafted seventh overall by the Bills in 2018, Allen had a breakout season in 2020, leading Buffalo to its first division title in over two decades. He holds franchise records in single-season passing yards and touchdowns and is celebrated for his high passer rating in the 2021-22 postseason.
Early Life
Growing up in Firebaugh, California, Allen experienced life on a large farm established by his grandfather. Allen’s family encouraged him to balance school, sports, and farm work, instilling the strong work ethic he carries today. His athletic prowess was clear in high school, where he excelled in basketball, baseball, and football. Despite his accomplishments, he received no scholarship offers from NCAA Division I schools, a significant setback for many players. Nevertheless, Allen’s passion for football led him to pursue a career in the sport, shaping his early years and preparing him for future success.
College Career
Without offers from major colleges, Josh Allen enrolled at Reedley College, a junior college, where he showcased his talents by leading the team in passing and scoring. Allen’s performance caught the attention of the University of Wyoming, which offered him a scholarship. At Wyoming, Allen developed his game, proving his strength as a quarterback. In the 2016 season, he passed for 3,203 yards and 28 touchdowns, becoming a prominent player to watch.
After deciding to stay for another year, Allen led Wyoming to victory in the 2017 Famous Idaho Potato Bowl. His college achievements paved the way for his entry into the 2018 NFL Draft, where he was selected as the seventh overall pick by the Buffalo Bills. Allen’s resilience and adaptability became clear throughout his college career, setting the stage for his growth in the NFL.
College Statistics
Summary of College Statistics
| Season | Passing Yards | Touchdowns | Interceptions | Rushing Yards | Rushing Touchdowns |
|---|---|---|---|---|---|
| 2015 | 51 | 0 | 0 | 40 | 0 |
| 2016 | 3,203 | 28 | 15 | 523 | 7 |
| 2017 | 1,812 | 16 | 6 | 204 | 5 |
Allen’s college career was marked by 3,203 passing yards and 28 touchdowns in the 2016 season, making him a standout in college football. His achievements at Wyoming drew NFL scouts’ attention, as he demonstrated an impressive balance between passing accuracy and rushing ability.
Awards and Honors
College Honors:
- Named to All-Mountain West Conference team (2016)
- MVP in 2017 Famous Idaho Potato Bowl
Professional Accolades:
- 2× Pro Bowl selection (2020, 2022)
- Second-Team All-Pro (2020)
- AFC Offensive Player of the Month multiple times
- Ranked 8th in the NFL Top 100 Players of 2023
In addition to these awards, Allen holds records such as the highest passer rating in a single postseason (149.0 in 2021-22), highlighting his impact as a leading player for the Bills and his contributions to the league.
Professional Career
Josh Allen made an immediate impact upon joining the Buffalo Bills in 2018. Signed to a four-year rookie contract, he quickly became the team’s starting quarterback. Allen’s unique style, combining passing precision with rushing ability, became a vital component of Buffalo’s offensive strategy. His six-year extension in 2021 elevated his annual salary to $43 million, with $150 million guaranteed. This $258 million contract places him among the highest-paid quarterbacks in the NFL.
By 2020, Allen led the Bills to their first AFC East title in 25 years, showcasing record-breaking performances, including a career-high 4,544 passing yards and 37 touchdowns. As he continued to improve, Allen achieved Pro Bowl selections and led his team to multiple division titles, solidifying his place as a franchise player.
NFL Career Statistics
Overview of NFL Statistics
| Season | Passing Yards | Touchdowns | Interceptions | Rushing Yards | Rushing Touchdowns |
|---|---|---|---|---|---|
| 2018 | 2,074 | 10 | 12 | 631 | 8 |
| 2019 | 3,089 | 20 | 9 | 510 | 9 |
| 2020 | 4,544 | 37 | 10 | 421 | 8 |
| 2021 | 4,407 | 36 | 15 | 763 | 6 |
| 2022 | 4,283 | 35 | 14 | 762 | 7 |
| 2023 | 4,306 | 29 | 18 | 524 | 15 |
Allen’s professional statistics reflect his consistent growth, with achievements such as 24,469 passing yards and 181 touchdowns in his career to date. His rushing ability adds another dimension to his gameplay, making him one of the most versatile quarterbacks in the NFL.
NFL Records
Among Allen’s remarkable achievements, he holds multiple records within the NFL and the Buffalo Bills franchise. His records include:
- Most rushing touchdowns by a quarterback in a single season (15, 2023)
- Highest passer rating in a single postseason (149.0 in 2021-22)
- First Bills quarterback to have multiple 4,000-yard passing seasons
These accomplishments not only emphasize his skill and adaptability but also his dedication to continuously improving his game and pushing his team toward success.
Personal Life
Beyond his NFL career, Josh Allen is known for his dedication to philanthropy and entrepreneurship. A spokesperson for Oishei Children’s Hospital, Allen donates both his time and earnings to children’s health initiatives. In addition, he’s a shareholder in OnCore Golf Technology and an enthusiastic golfer, participating in events like the AT&T Pebble Beach Pro-Am.
Allen’s personal interests extend to charitable causes and supporting his family’s farming business, where he has invested in a 2,500-acre pistachio farm. Allen’s personal life highlights a balance between his on-field success and commitment to making a positive impact off the field.
Conclusion
Josh Allen’s financial achievements make him a unique figure in the NFL. For more insights into NFL players’ finances, visit nflplayerfortune.com. Don’t forget to leave a comment or share the article with fans and followers!
