Trevor Lawrence has quickly become one of the most prominent faces in the NFL.
Before the start of the 2024 season, the star quarterback for the Jacksonville Jaguars signed one of the most lucrative contracts in league history.
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Trevor Lawrence’s net worth and contract extension
After a strong start to his NFL career, Lawrence signed a five-year contract extension worth a staggering $275 million in June.
This deal, which included a hefty $37.5 million signing bonus and $200 million in guarantees, places him among the highest-paid quarterbacks in NFL history.
In 2024, Lawrence is set to earn a base salary of $1.5 million.
However, when factoring in his signing bonus and other guarantees, his total earnings for the year are around $37 million.
His contract also ties him with Cincinnati Bengals QB Joe Burrow, with both players earning an average of $55 million annually.
This salary eclipses other top quarterbacks like Justin Herbert and Lamar Jackson, making Lawrence one of the NFL’s elite in terms of compensation.
As of 2024, several outlets calculate Lawrence’snet worth to be around $7 million before taking into account his new extension.
Looking ahead, Lawrence’s financial future remains bright.
He’s slated to receive a $35 million guaranteed option bonus in both 2025 and 2026.
By 2027 and 2028, more of his salary will be fully guaranteed, ensuring his long-term financial security.
Trevor Lawrence’s endorsements and other endeavors
Beyond his salary, Lawrence has also built a robust portfolio of endorsement deals.
Although he’s only been in the NFL for a short time, brands have already lined up to work with him.
Notably, he’s signed major deals with Adidas, Gatorade, Bose, and Blockfolio.
These partnerships have contributed significantly to his overall earnings.
In addition to traditional endorsements, Lawrence is active on social media, where he uses platforms like Instagram and X to promote products.
His social media presence alone brings in around $3 million annually, with each Instagram post reportedly earning him over $10,000 per post.
His posts on X also command impressive fees, adding to his endorsement income.
Trevor Lawrence’s financial acumen extends beyond his NFL salary and endorsement deals.
When he signed his initial contract with the Jaguars, he received a $24.1 million signing bonus.
Instead of simply holding on to this cash, Lawrence chose to invest a substantial portion of it in cryptocurrencies through his partnership with Blockfolio.
Reports suggest that he’s invested around $22 million into digital assets, including Bitcoin, Ethereum, and Solana.
Living the life of a top NFL quarterback, Trevor Lawrence owns a luxurious mansion in Jacksonville, Florida.
The 5,886-square-foot home, which he purchased in 2021 for $3.4 million, boasts five bedrooms, a home theater, a gym, and a backyard with a pool and patio.
Lawrence isn’t just focused on wealth and luxury, though-he’s also committed to giving back.
Alongside his wife, Marissa Mowry, he co-founded the Trevor and Marissa Covid-19 Relief Fund, which supports families affected by the pandemic.
The couple also donated $20,000 to Jacksonville-based charities after their wedding in 2021, underscoring their dedication to philanthropy.
