Curious about Montez Sweat’s net worth and financial achievements? NFL Player Fortune uncovers his earnings, contracts, endorsements, and career highlights, giving you a closer look at how he’s building wealth in the NFL.
Montez Sweat Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Shaquan Montez Sweat |
| Popular Name | Montez Sweat |
| Gender | Male |
| Birth Date | September 4, 1996 |
| Age | 28 |
| Parents | Raised by grandparents (Mother and father details N/A) |
| Siblings | Older brother (deceased) |
| Birthplace | Stone Mountain, Georgia |
| Nationality | American |
| Marital Status | Single |
| Net Worth | $15–20 million (2024 estimate) |
| Height | 6’6″ |
| Weight | 260 lbs |
| Number | 90 |
| Career Information | High School: Stephenson HS College: Michigan State, Copiah-Lincoln, Mississippi State NFL Draft: 2019, Round 1, Pick 26 |
| Career History | Washington Commanders (2019–2023) Chicago Bears (2023–Present) |
| Career Highlights | Pro Bowl (2024) First NFL player to lead two teams in sacks in a single season |
| Career NFL Stats | Games Played: 76 Total Sacks: 41.5 Total Tackles: 222 |
What is the Net Worth of Montez Sweat in 2024?
In 2024, Montez Sweat’s estimated net worth is between $15–20 million, placing him among the rising NFL stars. His wealth stems from his lucrative contracts and endorsements, such as Old Spice, combined with a career-high 12.5 sacks in 2023.
Here’s how he compares to similar NFL players:
- Nick Bosa (San Francisco 49ers): $40 million net worth, with a landmark $170M contract in 2023.
- Brian Burns (Carolina Panthers): $16 million, boosted by his Pro Bowl accolades.
- Josh Allen (Jacksonville Jaguars): $18 million, recognized for consistent defensive stats.
- Maxx Crosby (Las Vegas Raiders): $25 million, known for his exceptional defensive performance.
While Sweat’s net worth is slightly lower than some of these players, his growing influence on the field and long-term contract guarantees significant future financial growth.
What is the Salary/Income of Montez Sweat in 2024?
Montez Sweat is set to earn $20.9 million in base salary during 2024, making him one of the highest-paid players on the Chicago Bears roster. This amount is part of his $98 million contract extension, signed in late 2023, which includes a $20.43 million signing bonus and $41.96 million in guaranteed money.
Here’s a breakdown of his 2024 earnings:
- Base Salary: $20.9 million.
- Signing Bonus (Prorated): $4.08 million.
- Workout Bonus: $100,000.
- Total Cap Hit: $25.09 million (9.66% of the Bears’ cap).
Sweat’s average annual value (APY) of $24.5 million ranks 7th among all NFL edge rushers, showcasing his elite status. This salary cements his financial standing while contributing to his overall career earnings of $37.8 million.
Sweat’s consistent performance, including his historic Pro Bowl selection in 2024, solidifies his market value, promising further financial milestones in the years ahead.
How Much Has Montez Sweat Earned in His NFL Career?
Sweat’s total career earnings stand at $37,817,731 as of 2024, underscoring his growing value in the NFL. His financial journey began with a rookie contract worth $11.6 million with the Washington Commanders, bolstered by a signing bonus of $6.4 million. His trade to the Chicago Bears in 2023 marked a turning point, as he secured a $98 million contract extension.
Sweat’s earnings place him among the highest-paid defensive players, and his consistent performance ensures a trajectory toward further financial growth. His 2024 cash payout of $21 million compared to his peers reflects his strategic career progression.
Breakdown of Montez Sweat’s Contracts
Two pivotal contracts define sweat’s earnings:
- Rookie Contract (2019–2022): Signed with the Washington Commanders, this four-year deal was worth $11.6 million, featuring a $2.9 million APY and guarantees totaling $11.058 million.
- Chicago Bears Extension (2023–2027): Sweat signed a $98 million extension with a $20.43 million signing bonus and guarantees of $41.965 million. This deal averages $24.5 million annually, making it a significant financial leap for Sweat.
Year-by-Year Salary Breakdown
Sweat’s annual earnings provide a clear picture of his financial growth:
| Year | Base Salary | Signing Bonus | Total Cash Payout |
|---|---|---|---|
| 2019 | $495,000 | $6,400,000 | $6,895,000 |
| 2020 | $1,024,148 | — | $1,024,148 |
| 2021 | $1,553,296 | — | $1,553,296 |
| 2022 | $2,082,444 | — | $2,082,444 |
| 2023 | $1,150,000 | $20,430,000 | $21,065,360 |
| 2024 | $20,900,000 | — | $21,000,000 |
The 2023 signing bonus of $20.43 million represents a substantial milestone in Sweat’s career, setting the stage for his highest annual earnings.
Salary Cap Impact of Montez Sweat’s Contracts
Sweat’s contracts have had varying impacts on the salary cap:
- 2024 Cap Hit: $25.085 million (9.66% of the Bears’ cap).
- 2025 Cap Hit: $25.085 million (9.0% of the team’s cap).
- Cap Flexibility: Sweat’s contracts include mechanisms like roster bonuses and prorated signing bonuses that mitigate cap strain.
| Year | Cap Number | Cap Percentage | Dead Money | Cap Savings |
|---|---|---|---|---|
| 2024 | $25,085,294 | 9.66% | $58,141,177 | ($33,055,883) |
| 2025 | $25,085,294 | 9.0% | $33,155,883 | ($8,070,589) |
Guaranteed Money and Signing Bonuses
Significant guarantees underscore Sweat’s financial security:
- Fully Guaranteed at Signing: $41.965 million.
- 2025 Base Salary Guarantee: Vesting on the third day of the 2024 league year, ensuring continued financial stability.
- Signing Bonus Highlights:
- Largest signing bonus: $20.43 million in 2023.
- Spread across five years to minimize cap impact.
How Sweat’s Performance Drives Earnings
Sweat’s financial growth is directly tied to his performance:
- Career Sacks: 41.5, with a career-high of 12.5 in 2023.
- Pro Bowl Selection: Recognized for his excellence in 2024.
- Defensive Contributions: Sweat’s ability to generate pressure and turnovers enhances team performance, making him indispensable.
His performance has also justified his financial demands, as seen in his record-breaking 2023 season, where he led two teams in sacks—an NFL first.
Potential Earnings and Future Projections
Sweat’s current contract projects his potential career earnings to reach $116.606 million by 2027. Key factors influencing future earnings include:
- Performance-Based Incentives: Continued dominance could unlock escalators or higher-value contracts.
- Free Agency (2028): Sweat’s next deal, assuming consistent performance, could surpass his current extension.
Overview of Montez Sweat
Montez Sweat has carved out an impressive career as one of the NFL’s top defensive players. Known for his towering 6’6″ frame and explosive athleticism, Sweat transitioned from being a high school star to a celebrated professional athlete. Currently a defensive end for the Chicago Bears, his journey is marked by standout performances, Pro Bowl honors, and significant financial milestones. Sweat has made a name for himself on the field and cemented his position as a high-value player in the NFL.
Early Life
Born on September 4, 1996, in Stone Mountain, Georgia, Montez Sweat’s childhood was deeply influenced by his grandparents, who raised him. Despite facing personal tragedy, including the loss of his mother and older brother in 2021, Sweat displayed remarkable resilience and focus. His early years were shaped by his passion for football, which he honed at Stephenson High School, where he was recognized as one of the nation’s top defensive ends. This early success laid the foundation for his future as a professional athlete.
College Career
Both challenges and triumphs defined Montez Sweat’s college journey. Starting at Michigan State, he played sparingly before redshirting in 2015. Seeking more fantastic opportunities, Sweat transferred to Copiah-Lincoln Community College, where he continued to develop his skills. In 2017, he joined Mississippi State University, where his career flourished.
Sweat recorded 10.5 sacks in his first season with the Bulldogs, earning him a spot on the All-SEC Team. He followed this with an even more dominant senior year, logging 12 sacks, which led to All-American honors. These performances showcased his talent and solidified his status as a top NFL prospect.
College Statistics
| Season | Team | GP | Tackles (Cmb) | Sacks | Tackles for Loss (TFL) | Forced Fumbles (FF) |
|---|---|---|---|---|---|---|
| 2014 | Michigan State | 1 | 4 | 1.0 | 0.5 | 0 |
| 2016 | Copiah-Lincoln | 9 | 39 | 5.0 | — | 2 |
| 2017 | Mississippi State | 13 | 48 | 10.5 | 15.5 | 0 |
| 2018 | Mississippi State | 13 | 53 | 12.0 | 14.5 | 1 |
| Total | 36 | 144 | 28.5 | 30.5 | 3 |
Awards and Honors
Throughout his college and professional career, Sweat has garnered numerous accolades that highlight his impact on the game:
- College Awards:
- 2017 All-SEC Team
- 2018 All-SEC Team
- 2018 All-American
- Professional Awards:
- Pro Bowl Selection (2024)
- First NFL player to lead two teams in sacks during a single season (2023)
Professional Career
Montez Sweat entered the NFL in 2019 as a first-round pick (26th overall) by the Washington Redskins. At the NFL Combine, Sweat stunned scouts with a 4.41-second 40-yard dash, setting a record for defensive linemen. This performance and his college success secured his spot among the league’s elite.
- Washington Redskins/Commanders (2019–2023):
- Sweat signed a four-year rookie contract worth $11.6 million, including a $6.4 million signing bonus.
- In his rookie season, Sweat recorded 7 sacks, signaling his potential.
- Notable achievements include a Thanksgiving Day interception touchdown 2020 and multiple tipped passes leading to turnovers.
- Chicago Bears (2023–Present):
- Traded to the Bears mid-season in 2023, Sweat immediately signed a $98 million extension with $41.96 million guaranteed.
- Finished the 2023 season with a career-high 12.5 sacks, splitting contributions between two teams.
NFL Career Statistics
| Year | Team | GP | Tackles (Cmb) | Sacks | Forced Fumbles (FF) | Pass Deflections (PD) | Interceptions (INT) |
|---|---|---|---|---|---|---|---|
| 2019 | Washington Redskins | 16 | 50 | 7.0 | 2 | 2 | 0 |
| 2020 | Washington Football Team | 16 | 45 | 9.0 | 2 | 6 | 1 |
| 2021 | Washington Football Team | 10 | 24 | 5.0 | 3 | 0 | 0 |
| 2022 | Washington Commanders | 17 | 46 | 8.0 | 0 | 2 | 0 |
| 2023 | WAS/CHI | 17 | 57 | 12.5 | 3 | 4 | 0 |
| Total | 76 | 222 | 41.5 | 10 | 14 | 1 |
NFL Records
- Fastest 40-yard dash by a defensive lineman at the NFL Combine (4.41 seconds).
- First NFL player to lead two teams in sacks during a single season (2023).
Personal Life
Off the field, Montez Sweat leads a life shaped by personal challenges and professional triumphs. Raised by his grandparents, Sweat faced adversity early, including the tragic deaths of his mother and brother in 2021.
While his public life primarily revolves around football, Sweat has also made headlines for his involvement in Old Spice commercials during his rookie year. Though he hasn’t publicly disclosed business ventures or charities, his high-profile career suggests opportunities for further impact off the field.
Conclusion
Montez Sweat’s financial journey highlights his remarkable growth on and off the field. From lucrative contracts to his Pro Bowl selection, he’s solidifying his legacy. Explore more NFL financial insights on NFL Player Fortune and share your thoughts in the comments!
