Joe Flacco Net Worth, Salary, Contract (2020)

Joe Flacco Net Worth, Salary, Contract
via denverbroncos.com

What is Joe Flacco’s net worth and salary in 2020? See how much Flacco is worth, his NFL contract, and other interesting facts.

Joseph Vincent Flacco (born January 16, 1985) is a professional American football player who plays in the National Football League (NFL) for the New York Jets. 

Flacco, an experienced quarterback who has spent 13 seasons in the league, is recognized for his time in the Baltimore Ravens. During his 12 season stint with the Baltimore Ravens, Flacco recorded his best performance and best seasons in the league. 

Right from his first season, Flacco had already made his mark in the league by his exceptional performance, which earned him the 2008 Pepsi NFL Rookie of the Year. 

After his debut season, Flacco continued to put up a brilliant performance, which saw him claim the AFC North Championship on two occasions and lead the Baltimore Ravens to the AFC Championship Games on three occasions. 

He reached the pinnacle of his career when he led the Ravens to the Super Bowl XLVII in the 2012 season. His performance in the Super Bowl XLVII saw him claim the prestigious Super Bowl MVP award.

Career Highlight

  • Super Bowl champion (XLVII)
  • Super Bowl MVP (XLVII)
  • Pepsi NFL Rookie of the Year (2008)
  • ECAC Player of the Year (2007)
  • First-team All-CAA (2007)
  • CAA Co-Offensive Player of the Year (2007)

What is Joe Flacco’s Net Worth?

As of 2020, Joe Flacco’s net worth is estimated to be $75 million. For a player who has spent quite some time in the league, his wealth is not surprising. 

Flacco’s $75 million fortune heavily relies on his salary. His ranking evidence this on the 2016 Forbes‘ world’s highest-paid athletes list.

That year which was the last year he featured on the list, Flacco was ranked the 14th highest-paid athlete with $44.5 million earning. Of the earning, $500,000 was brought in from endorsements. 

Now fast approaching retirement age, Flacco is losing ground as a top choice quarterback. Following his move to the Jets in 2019, he was made back up quarterback instead of the starting spot he held when he was with the Ravens. 

This could affect his earnings and see the rate at which his fortune increase decline.

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How Much is Joe Flacco’s Salary?

In the 2020 season, Joe Flacco would receive $1,275,000 in salary. His 2020 salary is a significant drop from his previous season’s salary, which was $18,500,000. 

In fact, his 2020 salary is the lowest he has ever received in his career, lower than what he earned in his debut season. 

The drastic reduction in salary for the former Super Bowl MVP who has never earned a spot in the Pro Bowl is a testament that he may soon be on his way out of the league.

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Joe Flacco’s Contract History

Joe Flacco transferred from the University of Pittsburgh, where he spent two seasons playing football, to the University of Delaware in 2005, where he played football in the 2006 and 2007 seasons.

In 2008, with encouragement from his coach, Flacco, who was tremendously doubtful about his chances in the NFL Draft, entered the draft and was selected in the first round as the 12th overall pick. 

In July 2008, he signed a five-year $30 million deal with the Baltimore Ravens. After that deal expired, he penned a  six-year $120.6 million contract with the Ravens in March 2013. 

Three years later, precisely March 2016, he penned a three-year extension worth $66.4 million. 

In March 2019, he was traded to the Denver Broncos but was released by the franchise in March 2020. In May 2020, he entered a one-year $1.5 million deal with the New York Jets. 

Flacco would have to sign a new deal with the Jets after the 2020 season or enter free agency. 

In the 13 seasons he has spent in the NFL, Joe Flacco has earned a total of $167,575,000 in salaries. 

Joe Flacco’s Charity & Philanthropy Works

Like his peers in the NFL, Joe Flacco tow the path of charity and philanthropy by donating to organizations. 

In 2018, he donated to his alma mater’s athletics division. The exact amount of the donation is not public knowledge but was revealed to be the largest ever made by a Delaware University football Alumni. 

In the past, he has raised money for the Children’s Hospital of Philadelphia (CHOP) through workout sessions with kids.

Joe Flacco’s House & Cars

After moving from the Baltimore Ravens, Joe Flacco had no reason to stay in Baltimore, and thus, he put up his villa in Reisterstown, MD, for sale.

The two-story villa, which covers 7,6361 square feet, has six bedrooms, seven bathrooms, a four-car garage, and a gourmet kitchen. It was listed for $1.6 million. 

Flacco also owns a Chevy Corvette Stingray.

Summary

Net Worth:$75 Million
Salary:$1,275,000
Date of Birth:January 16, 1985
Age:35 years old
Nationality:American
Source of Wealth:American Football Player
Last Update:2020

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Final Words

Joe Flacco’s net worth at approximately $75 million in 2020 isn’t bad.

Even though he has not to been named to the Pro Bowl, Joe Flacco put up an amazing performance over the years, which saw him win the Suoer Bowl XLVII.

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