Baker Mayfield Net Worth, Career Earnings, Endorsements, and Investments
Baker Mayfield, born on April 14, 1995, in Austin, Texas, is currently the quarterback for the Tampa Bay Buccaneers. As of 2024, he holds a net worth of $25 million, thanks to his $100 million contract and various endorsement deals. Mayfield, age 29, is married to Emily Wilkinson, and the couple welcomed their first child in April 2024. His rise in both the NFL and business ventures has cemented him as a financial powerhouse, both on and off the field.
Early Beginnings
Born into a sports-loving family, Mayfield showed early promise on the football field. His high school career at Lake Travis High School saw him lead the team to a state championship. Despite this success, he began his college career as a walk-on at Texas Tech University before transferring to the University of Oklahoma, where he truly shined. His 2017 Heisman Trophy win solidified his position as one of the top college quarterbacks, which eventually paved his way into the NFL.
NFL Debut
In 2018, Baker Mayfield became the first overall pick in the NFL Draft, selected by the Cleveland Browns. His rookie contract was worth $32.68 million over four years, including a massive $21.85 million signing bonus. This marked the beginning of his significant NFL earnings and his rise in the league as a player to watch.
Contract Milestones
Mayfield’s career trajectory took several turns as he moved from the Cleveland Browns to the Carolina Panthers and later, the Los Angeles Rams. However, his move to the Tampa Bay Buccaneers in 2023 became a pivotal point. After a solid first season, Mayfield signed a $100 million contract extension in March 2024. His new deal includes an average annual salary of $33.33 million, with a base salary of $1.125 million for 2024, alongside a $28.875 million signing bonus.
Career Earnings
By the end of 2024, Mayfield’s career earnings are expected to exceed $85 million, not including off-field earnings. This figure includes his rookie contract, various team deals, and his current contract with the Buccaneers. His financial success reflects both his skill on the field and his strategic moves in navigating NFL contracts.
Endorsement Deals
Beyond his football career, Mayfield’s marketability has been a significant contributor to his net worth. As of 2024, he earns around $10 million annually from endorsements with major brands. His partnerships include:
- Progressive Insurance
- Nike
- Hulu
- BodyArmor
- Panini America
- Leaf Trading Cards
These endorsements have not only bolstered his income but have also made him a recognizable face beyond the NFL.
Investment Ventures
Mayfield has also shown business savvy by co-founding Camwood Ventures, a venture capital firm, with his brother, Matt. Through this venture, they have invested in a range of companies, including:
- Beam (a THC-free CBD company)
- Progress Coffee
- Cabana Club
- High Desert
- Superstition
His involvement in these companies, both as an investor and brand ambassador, reflects his entrepreneurial spirit and his preparation for life beyond football.
Personal Assets
Though specific details about Mayfield’s assets are not publicly available, it is widely speculated that he owns luxury homes and high-end vehicles. His net worth of $25 million is a reflection not just of his salary and endorsements but also of his smart financial decisions and investments.
Charitable Initiatives
Despite his growing wealth, Mayfield remains committed to giving back. He and his wife, Emily, are involved in several charitable efforts. The couple has supported Providence House in Cleveland, an organization focused on helping at-risk families. They have also worked with TownHall Cleveland to provide meals during the COVID-19 pandemic, demonstrating Mayfield’s commitment to his community.
Recent Performance
In the 2024 NFL season, Baker Mayfield continues to draw attention for his performance on the field. In a Week 5 matchup against the Atlanta Falcons, Mayfield led the Tampa Bay Buccaneers to a dramatic overtime, although the team ultimately fell short, losing 16-13. Mayfield’s individual stats were impressive, as he completed 27 of 42 passes for 275 yards and threw two touchdowns, finishing with a passer rating of 98.2.
His resilience under pressure was on full display when he led a game-tying drive late in the fourth quarter, connecting with Cade Otton for a touchdown that forced overtime. While the Buccaneers’ defense struggled, Mayfield’s performance continues to build optimism for the rest of the season.
Looking Ahead
As Mayfield’s career progresses, his combination of talent, marketability, and financial savvy is positioning him for long-term success. With his latest contract and endorsements firmly in place, and investments already yielding returns, Mayfield’s future, both in football and business, looks bright. His continued on-field success with the Tampa Bay Buccaneers could further boost his market value and lead to even more endorsement opportunities.
In conclusion, Baker Mayfield’s journey from a college walk-on to an NFL star and successful businessman is an inspiring story of determination and smart career choices. His growing wealth, both from football and off-field ventures, ensures that Mayfield is well-positioned for continued financial success in the years to come.
