Urban Meyer’s net worth is $40 million in 2023. He made his money through his career in sports as a college football coach before transitioning into a college football TV commentator. He is also a businessman.
Although his days as a head coach have long come to a tragic end, the legendary coach had a really good start in college football and was named the best college coach a couple of times. Read on for more on Urban Meyer’s net worth growth all through his football playing and coaching career.
What is Urban Meyer’s Net Worth?
Urban Meyer’s net worth is currently estimated to be about $40 million. This is from the income he made from his past coaching career, his thriving television career, and several endorsement deals and investments.
Tracing the Early Days of Urban Meyer’s Net Worth
At one time in his coaching career, Urban Meyer was considered one of the best college coaches in the US, with a long record of wins to back this up. Meyer’s days as a head coach date as far back as 2005, when he was employed as the head coach of the University of Florida. His contract with the university was a 7-year deal, worth $14 Million. Later on, he signed an extension that raised his annual salary to $3.5 Million.
In 2009, Meyer was recruited as head coach for the University of Florida. Although the details of the initial contract are not clear, Meyer later signed a six-year extension worth $24 Million. This placed him among the highest-paid football coaches in the world.
In 2012, Meyer moved on to the Ohio State Buckeyes where his initial annual salary was about $4.4 Million. He later signed an extension deal with the team, raising his salary to a whopping $7.6 Million. This was the peak of his career which made him the highest-paid public college football coach in the US.
How Coaching Contributed to Urban Meyer’s Net Worth
Before he became a full-time coach, Urban Meyer spent a lot of time as a football player playing defensive back for some notable teams. However, he didn’t earn much as a player and only got his big break after he started his coaching career.
Highlighting the Deals that Boosted Urban Meyer’s Net Worth
Urban Meyer became an internationally recognized coach in the time he spent as head coach of the Ohio State Buckeyes. When he left the team, Meyer’s total income from his six-year employment summed up to a sizable $40 Million.
In 2021, Meyer got a huge career boost after he was recruited as head coach of the NFL team, Jacksonville Jaguars. The deal, which was supposed to run for a long time, was worth $12 Million per year. However, the contract was nullified when Meyer got fired from the team even before his first season ran out.
While the full details of the contract were not disclosed, it was estimated that the controversial coach had about #50 Million left on his contract before his dismissal. Whether or not he was paid this, remains a mystery.
How Urban Meyer’s Net Worth Changed After Joining the NFL
The details of Urban Meyer’s contract with the NFL the Jacksonville Jaguars are yet to be publicized. Although his stay with the team was short-term and full of issues, Meyer’s NFL career boosted his net worth. Between 2021 and 2022, his net worth moved from $34-$37 Million, a surprising $3 Million leap.
Endorsements and Partnerships as External Sources of Urban Meyer’s Net Worth
In the wake of his NFL career, Urban Meyer signed a major partnership deal with a popular Ohio-based breakfast chain, Bob Evans. However, he was suspended a few months into the partnership because of an investigation into his conduct at the Jaguars. The result of the investigation left a bad mark on Meyer’s reputation and consequently brought an end to his Bob Evans partnership deal.