Josh Allen's Net Worth 2023

By now in 2023, everyone knows who Josh Allen is and what he has done for the Buffalo Bills franchise. The 6 foot 5 inch tall quarterback is not only a terrific passer but he can run the ball as well. This dual-threat ability has helped the Bills' offense thrive in recent years. The skilful signal caller is also known to have a strong arm and he makes use of it very well during his deep balls. Since the 2020 season, the Bills under Josh Allen have found new life and have given their fanbase the belief that they could very well win the Super Bowl in the near future. With consecutive Division titles and Playoff runs, this team is just a couple of steps away from the ultimate goal and Josh Allen will be the one to guide them there.

What is Josh Allen's Net Worth in 2023?

As per various sources, Josh Allen’s net worth in 2023 is around $14 million. Of course, most of his wealth comes from his NFL contract with the Bills. After the Bills drafted Allen in 2018, he signed a four-year contract worth $21 million fully guaranteed and with an annual salary of $5.3 million. In 2020, after his breakout season in the NFL, Allen reportedly signed a 6-year contract extension that will see him pocket $258 million with $150 million guaranteed. Apart from his NFL contract, Allen also has his endorsement deals to count on.

Josh Allen's Salary

With the contract extension Josh Allen signed with the Buffalo Bills after the 2020 season, Allen is taking home a salary of $43 million from 2023 onwards. At the time of the extension, the Bills and Allen agreed to a 6-year deal worth $258 million with $150 million guaranteed.

Earlier, while Allen was on his rookie contract, he signed a deal worth $21 million fully guaranteed for 4 years. That means from 2018 to 2022, Allen was making roughly $5.3 million per year in salary.

Josh Allen’s Endorsements

Off the field also, Josh Allen is making a name for himself with his various brand endorsements. He has been signed by leading brands such as Microsoft Surface, Hyundai, Tommy Armour Golf, New Era, and Nike. Under Nike, he is one of 8 other ambassadors with the New Era Cap Company. All of these endorsements put together have added another $4 million to his net worth and with his stock still rising, we can expect to see him in more and more endorsement deals in the foreseeable future.

Josh Allen Investments

Josh Allen has also invested his money and branched out his portfolio. Although he may have many more investments, the well-known ones are - Corepower Yoga which is the largest Yoga Chain in the United States. A couple of years ago, Allen invested in the men’s grooming company named Manscaped. It now has a $1 Billion valuation and this could potentially give Allen 10 times the returns. Along with other notable athletes, Allen has also invested in a massage gun company known as Therabody. Between 2017 and 2020, the company’s profits grew 30 times.

Josh Allen’s Other Sources of Income

In 2020, Josh Allen became a shareholder of a Buffalo-based golf ball producer. In the same year, Allen ventured into the business world when he secured his very own cereal by the name of ‘Josh’s Jaqs.’ Post 2023, as Allen’s contract extension kicks in, he will have much more opportunities in business.

Josh Allen’s Charity

Back in 2020, Josh Allen started the Patricia Allen Fund to benefit the Oishei Children’s Hospital. Allen initiated this fund to honor his late grandmother who spent much of her lifetime working with children. In October 2021, the charity received a $2 million donation from West Herr Auto Group which is their largest donation to date. This charity is going a long way in helping the children’s hospital pay for new equipment, tools and resources as they look to take excellent care of the children.