Robert Griffin III, commonly known as RG3, is a professional American football quarterback who plays for the Baltimore Ravens. He is widely known for his athleticism and ability to make big plays on the field. His success in the NFL has earned him a considerable amount of wealth—so much so that many are curious about RG3’s net worth. This article takes a look at how much money RG3 is currently worth.
Who is RG3 (Robert Griffin III)
Robert Griffin III, commonly known as RG3, is an American professional football quarterback who currently plays for the Baltimore Ravens of the National Football League (NFL). He was drafted by the Washington Redskins in 2012 and won the NFL Rookie of the Year Award that same season. In college, he was a two-time winner of the Heisman Trophy and played his college football at Baylor University. Off the field, RG3 is a philanthropist who works with many charities and organizations.
Early Life and Football Career
Background information
Robert Griffin III was born in Japan on February 12, 1990 and grew up in Copperas Cove, Texas. He attended Copperas Cove High School, where he was a three-sport star athlete. In addition to his outstanding football skills, he earned All-State honors for track & field, basketball, and football during his time at the school. He was a highly recruited athlete and ultimately chose to attend Baylor University for college.
College football success at Baylor University
At Baylor, RG3 was a two-time Heisman Trophy winner and Big 12 Offensive Player of the Year. He led the Bears to a 10-win season in 2011 with an average of 295 passing yards per game and also rushed for 699 yards that year. He became only the second player in NCAA history to throw for over 10, 000 passing yards and run for over 2,000 rushing yards in their college career.
Drafted into the NFL
RG3 was drafted by the Washington Redskins with the second overall pick in the 2012 NFL Draft. He signed a four-year contract worth $21 million, with an additional $13.8 million guaranteed and a signing bonus of $7.2 million. In his rookie season, he led the Redskins to their first NFC East division title since 1999 and was selected as the NFL Rookie of the Year.
Contract and Earnings
Rookie contract with the Washington Football Team
RG3 was drafted by the Washington Redskins in 2012 and signed a four-year contract worth $21 million, with an additional $13.8 million guaranteed and a signing bonus of $7.2 million. As part of his rookie contract, RG3 earned an annual base salary of $4.3 million with incentives that could have earned him an extra $2 million per season.
Endorsement deals and sponsorships
In addition to his football earnings, RG3 has also earned significant income through endorsement deals and sponsorships. He has signed lucrative contracts with companies such as Nike, Gatorade, Subway, Adidas, and EA Sports. In 2014, he negotiated a five-year deal worth approximately $10 million with Nike that was the most lucrative endorsement deal signed by a rookie at the time.
Career earnings and salary from the NFL
In total, RG3 has earned $56.7 million in salary from the NFL over his career, having played for both the Washington Football Team and Baltimore Ravens. His biggest single-year earnings came from his rookie deal with the Redskins (2012), which was worth a total of $21 million ($13.8 million guaranteed).
Investments and Business Ventures
Off-field investments and business ventures
RG3 has also established himself as a successful entrepreneur and investor. He currently serves as the lead investor in a venture capital firm, called Griffin Global Investments, which focuses on emerging technology and healthcare startups. He has also invested in several other businesses including sports nutrition companies, real estate investments, and an online platform that connects professional athletes with brands .
Entrepreneurial projects and partnerships
In addition to his investments, RG3 has also pursued several entrepreneurial projects and partnerships. He co-founded A-Game Brand, a sports performance apparel company that designs clothing for athletes of all ages. He is also an owner of the RG3 Sports Agency, which works with collegiate and professional athletes to develop their personal brands. In 2016 , he teamed up with Nike for the launch of his personal brand, 3 The Griffin Way.
Assets and Properties
Homes and real estate investments
RG3 has made several real estate investments over the years, including purchasing a $2.5 million home in Potomac, Maryland in 2013. He also owns a condo in the trendy U Street Corridor of Washington D.C., which he purchased for $1.6 million in 2017. In addition, he owns a commercial property in downtown Cleveland, Ohio.
Luxury vehicles and personal assets
In addition to his real estate investments, RG3 also owns a number of luxury vehicles. He purchased an orange Lamborghini Aventador for $400,000 in 2017, and a Mercedes-AMG G63 SUV for $200,000 in 2018. He also owns several other cars, including a Range Rover Evoque and a Mercedes-Benz S550.
Philanthropy and Charitable Contributions
Overview of RG3’s charitable work
RG3 has been an active member in the community, giving back through a number of charitable endeavors. He established The Robert Griffin III Family Foundation in 2013 to help underserved youth excel in athletics and academics. In addition, he has supported numerous causes such as breast cancer awareness, literacy programs, and animal rights initiatives. He has also held various events to benefit his foundation, including a golf tournament and a celebrity softball game.
Donations and foundations supported by RG3
In addition to his own charitable foundation, RG3 has also been a generous donor to other foundations and causes. He has donated to the United Way of Greater Cleveland, the Boys & Girls Clubs of America, and the Wounded Warrior Project. He is also an active supporter of the Pat Tillman Foundation, which provides educational scholarships for military veterans.
Net Worth Estimate
Analysis of RG3’s earnings and investments
RG3 has earned a substantial amount of money over his NFL career, with his biggest single-year salary coming from his rookie contract with the Redskins in 2012. He also has numerous investments and business ventures, including his venture capital firm Griffin Global Investments and various real estate investments. All of these have contributed to RG3’s net worth, which is estimated to be around $25 million.
Approximate net worth estimation
RG3’s net worth is estimated to be around $25 million. This estimate takes into account the wealth generated from his NFL contracts, investments and business ventures, such as his venture capital firm Griffin Global Investments and various real estate investments. In addition, it is thought that he has made substantial donations to charity over the years which would have decreased his overall net worth.
Conclusion
Overall, Robert Griffin III has been able to amass a net worth of approximately $25 million through the combination of his NFL career, investments, business ventures and philanthropic activities. He has earned millions from his professional football contracts and has invested in various real estate investments as well as launching his own venture capital firm. In addition, he is an active member in the community and frequently gives back through his own foundation and other charitable endeavors.