Baker Mayfield Net Worth (Updated 2024)

Baker Mayfield is a football quarterback who currently plays for the Tampa Bay Buccaneers in the National Football League (NFL). He started his NFL career as a quarterback for the Cleveland Browns after being picked overall first in the 2018 NFL Draft. The quarterback has had an inconsistent playing form for the Browns where he did not shine as was expected of him being the first pick of the 2018 NFL Draft.

Mayfield was then traded to the Carolina Panthers in 2022 however, he requested a trade in December 2022 and he was shipped off to the Los Angeles Rams in the same season. With a short sting in LA, he was picked up by the Buccaneers before the start of the 2023 NFL season. Baker Mayfield is one of the biggest names in commercials as he has a large number of endorsement deals and features in a number of successful commercials.

Baker Mayfield Net Worth in 2024

Currently, Baker Mayfield net worth is estimated to be around $25 million. Mayfield had signed a deal worth $32 million when he was drafted by the Cleveland Browns. He received a signing bonus of $21.8 million. Mayfield also earns a considerable amount of money from doing various endorsement deals and commercials. He was one of the highest-paid rookie players in the NFL in his draft year (2018). He earns around $10 million annually by doing endorsement deals and commercials.

Baker Mayfield net worth growth table

Baker Mayfield's Contract

Baker Mayfield is currently on a three-year, $100 million contract with the Tampa Bay Buccaneers which he signed in March 2024. This contract has a guarantee of $50 million out of which $40 million was paid at the time of signing.

Baker Mayfield Salary

As per Mayfield's latest deal, he will be earning an average annual salary of 33.33 million.

Prior to his current contract with the Buccaneers, Baker Mayfield had signed a four-year rookie deal with the Cleveland Browns worth approximately $32.68 million. The deal included a signing bonus of $21.8 million and guaranteed the full amount of the contract. Mayfield had an annual salary of approximately $8 million and the Browns even activated the fifth-year option of his contract.

Mayfield was traded to the Carolina Panthers in July 2022 and joined with a one-year contract following the terms of his rookie contract with the Browns. He was set to earn a salary of around $4.8 million in 2022 with an option for incentives worth $3.5 million based on performance. When Mayfield was traded to the Los Angeles Rams, they stuck to the terms of his initial contract signed with the Cleveland Browns in 2018.

Baker Mayfield’s Endorsements

Baker Mayfield might not have been very successful for the Browns but off the field, Mayfield made it big. He is one of the most successful stars in the world of commercials. Mayfield has a number of endorsement deals with brands like Nike, Hulu, Panini America, and Leaf Trading cards among others.

His most successful commercials are, however, with the insurance company ‘Progressive’. Mayfield has appeared in a series of successful commercials called ‘At Home With Baker Mayfield’ for Progressive and they are well loved by fans. Mayfield earns approximately $10 million a year from doing commercials and endorsement deals alone.

Baker Mayfield’s Investments

Baker Mayfield is an angel investor and even owns a venture investment company called Camwood Ventures which he owns along with his brother Matt Mayfield. Baker Mayfield has also made investments in the THC-free CBD brand called Beam. He is a brand ambassador for the CBD company and also an investor in the company.

Baker Mayfield Other Sources of Income

Baker Mayfield’s other sources of income are mainly from endorsement deals and commercials in which he features in.

Baker Mayfield’s House

Baker Mayfield and his wife Emily Wilkinson Mayfield had been living in Ohio till he was traded to the Carolina Panthers. It was a lavish house where the couple had apparently housed at least four or more people each time the Browns used to have a home game.

Mayfield's NFL journey has been quite tough thus far, having to move from city to city as he has played for the Browns, Panthers, Rams, and now the Buccaneers all within a couple of years. It seems that he currently needs to find a stable franchise before he goes out and purchases his next big home.

Baker Mayfield’s Charity Work

Baker Mayfield gives a lot back to the community along with his wife Emily Wilkinson. They are proactively involved in helping those in need and collected money for Providence House (around $40,000) which is an organization based out of Cleveland, which assists at-risk families. He even collected $100,000 for underprivileged children through an event with Providence House.

During the COVID-19 crisis period, Mayfield even collaborated with a group called TownHall, in Cleveland to provide meals for those who were facing hunger.

Baker Mayfield's Awards and Achievements

Even though the Texas native's NFL career hasn't gotten off to the start that he would have wanted, Baker Mayfield is still quite an accomplished football player. He has a plethora of awards and recognitions on the college football scene and it should only be a matter of time before we get to see a much more accomplished player in the NFL in the years to come. However, for now, let's take a look at all of his achievements on the football field.

• PFWA All-Rookie Team - (2018)
• Heisman Trophy Winner - (2017)
• Manning Award Winner - (2017)
• Maxwell Award Winner - (2017)
• Walter Camp Award Winner - (2017)
• Davey O'Brien Award Winner - (2017)
• Chic Harley Award Winner - (2017)
• Two-time Kellen Moore Award Winner - (2015, 2016)
• Two-time Burlsworth Trophy - (2015, 2016)
• AP College Football Player of the Year - (2017)
• Two-time Sporting News Player of the Year - (2015, 2017)
• Sugar Bowl MVP - (2017)
• Two-time Big 12 Offensive Player of the Year - (2015, 2017)
• Big 12 Offensive Freshman of the Year - (2013)
• Unanimous All-American - (2017)
• First-team All-American - (2015)
• Second-team All-American - (2016)
• Three-time First-team All-Big 12 - (2015, 2016, 2017)

Also Read: Who is Baker Mayfield’s Wife, Emily Wilkinson?

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