What is John Elway's net worth?
| net worth: | $145 million |
|---|---|
| age: | 64 |
| Born: | June 28, 1960 |
| gender: | male |
| high: | 1.91 m (6 feet 3 inches) |
| country of origin: | USA |
| Source of wealth: | Professional NFL players |
| Last updated: | April 26, 2025 |
introduce
John Elway is a very successful quarterback who became president of the football business for the Denver Broncos.
Elway began his career when the Baltimore Colts picked him in the 1983 NFL Draft, where he was traded to the Broncos in the first round. The football superstar has a career of 16 years and has retired twice as a Super Bowl champion and Hall of Fame nominee.
John Elway's net worth is estimated at $145 million.
Quick facts
- John was inducted into the University Hall of Fame in 2000.
- He retired as the second-prolific passer in the NFL.
- Since his retirement in 1999, John has continued to own several profitable businesses.
- He appeared in the 1994 Home Renovation episode.
- In 2007, John appeared in the TV series “Fast and Superstars: Gillette Teenage Gun Celebrity Competition”.
early life
John Albert Elway Jr.
He has a twin sister named Jana, who was born 11 minutes into his name, Lee-Ann, under his 18-month-old name. Their father, Jack, encouraged his children to start exercise from an early age when he was a college football coach. Today, John talks about playing with his siblings, one of the happiest memories of his life.
He has a special bond with his twin sister Jana and is inseparable as a child.
His father began to teach John how to play baseball in their backyard, and John showed obvious talent, Jack wanted to do his best to help him further his abilities. Even with a lot of support, John stayed at home while the sisters were on a ski trip so he wouldn’t hurt himself for fear of not being able to compete.
John develops his knowledge of the sport by watching his father coach and going through many great games, occasionally becoming a ball boy.
In high school, he helped lead his baseball team to the Los Angeles City Championship, which attracted a lot of attention from recruiters nationwide.
Profession
After John gained his reputation as a footballer at school and earned his degree in economics, John was selected by the Baltimore Colts.
Elway is not interested in playing for the Baltimore Colts. He threatened to leave the NFL and pursued his career without the Yankees trading immediately and taking action.
Elway was traded to the Denver Broncos in the first round – it was a good decision as John quickly became one of the best players on the team. He even led the Broncos to the U.S. Football Conference Championship, the team's first game in more than a decade.
In 1997, the Broncos' offense became the best in the NFL, thanks to John, who was considered a key factor in their success. During the Broncos game, John played five Super Bowls, with two of the teams winning the game. He also broke various records and became an international superstar.
Business adventure
In 1999, John decided to retire, become a football player, and then opened several businesses that flourished under his ownership. His most successful business was the auto dealership he opened in Denver in the 1990s, which eventually grew into seven additional car franchises.
Elway then decided to sell most of his stake in the auto dealership in 2001, giving him a share of $82.5 million.
John lost his father in 2001 and the tragedy recurred the following year due to the loss of his twin sister Jana for lung cancer.
John spent more time with his family and coached his beloved team, the Denver Broncos, which included their outstanding defender Von Miller.
Income and wages
| Year | team | salary |
|---|---|---|
| 1983 | Denver Bramble | $1,600,000 |
| 1984 | Denver Bramble | $700,000 |
| 1985 | Denver Bramble | $800,000 |
| 1986 | Denver Bramble | $900,000 |
| 1987 | Denver Bramble | $1,400,000 |
| 1988 | Denver Bramble | $1,425,000 |
| 1989 | Denver Bramble | $1,450,000 |
| 1990 | Denver Bramble | $1,525,000 |
| 1991 | Denver Bramble | $1,900,000 |
| 1992 | Denver Bramble | $2,000,000 |
| 1993 | Denver Bramble | $10,100,000 |
| 1994 | Denver Bramble | $3,000,000 |
| 1995 | Denver Bramble | $3,000,000 |
| 1996 | Denver Bramble | $8,020,000 |
| 1997 | Denver Bramble | $2,825,000 |
| 1998 | Denver Bramble | $4,800,000 |
| Total occupational income: | $45,445,000 | |
NBA salary
In 1983, John Elway signed a five-year rookie contract with the Denver Broncos, worth $5 million. His signing bonus was $1 million, which helped him make $1.6 million in his first NFL season. Elway made $700,000 in 1984, $800,000 in 1985, and $900,000 in 1986.
In 1987, he negotiated a postponement with the Broncos, worth $12.7 million over six years. The deal does not include a guarantee, but comes with a $3 million signing bonus. Elway received $9.7 million in contract value before expiration in 1993.
In 1993, he entered into a new agreement with Denver, a four-year contract worth $19.1 million. His signing bonus was $6 million, which helped him make $100.1 million in the 93/94 season. Elway will make $3 million in 1994 and 1995.
In 1996, Elway signed a five-year extension in Denver, worth $29.5 million. His signing bonus was $6.25 million, which helped him make $8 million. The contract was renegotiated several times, resulting in Elway receiving $2.8 million in 1997 and $4.8 million in 1998.
Elway retired after the 1998 season and made $45.5 million in his career.
Estimated net assets per year
After quitting the football game, John Elway focused on how he might be the best businessman.
Through his network of contacts, and from the age of football, John has developed a large number of car dealerships.
He cashed in on $82.5 million and rejoined his favorite team, the Broncos, first as a coach and then as CEO.
Currently, John Elway has an estimated net worth of $145 million in 2024, a significant increase over the years since his game days.
How does John Elway spend money?
John is a significant contributor and philanthropist to charities such as the Wish Foundation and Foundation, which help those facing child abuse.
He owns a fantastic seven-bedroom home in Englewood, worth $5.81 million.
John was confident in investing in auto dealers and eventually became very successful and profitable.
He owns some of the most expensive cars in the world and currently drives the Mercedes-Benz S55 AMG.
Personal life
John married Janet Buchan in 1984 and has four children: Jordan, Jack, Jessica and Juliana.
John's father died tragically in a 2001 heart attack, and John believed his father was one of his best friends, which caused damage to John.
Worse, his twin sister Jana died of lung cancer the following year, in which John's wife left him in 2002, and the couple completed their divorce in 2003.
John spent some time focusing on his family and left his job because he found it just caused the stress around him.
He eventually started dating again and met cheerleader Paige Green, who married in 2009.
You can follow John's official Instagram or Twitter account to see what he is doing now.
Awards and achievements
Here are the best moments in John Elway’s career:
- John was named in 2004.
- His alma mater, Granada Hills High School, renamed the football field in 1998 with honors.
- John was named the NFL's Most Valuable Player and Sports News All-NFL Team in 1987.
- In 1993, he was named AFC offensive Most Valuable Player.
- In 1987, the Colorado Sports Hall of Fame awarded John Colorado Sportsman of the Year Trophy.
Summary
John created a legacy in the NFL and despite his tough times, he proved his athleticism.
After the NFL start, Elway dedicated his life to football, first as a player, then as a manager and CEO. He continues to do what he loves by mentoring the team he has been with and is not interested in living a luxurious life.
Elway resigned as general manager of the Broncos and fulfilled his role as an external consultant to the team that he had been doing for years.
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Categories: Net Worth
Source: svlsf.edu.vn