As a football fan, I always keep an eye out for emerging talents in the NFL. And one name that has been making waves in recent times is Henry Ruggs. The former University of Alabama wide receiver was drafted by the Las Vegas Raiders in the first round of the 2020 NFL Draft. But besides his skills on the field, what is Henry Ruggs’ net worth? In this article, I’ll take a closer look at the rising NFL star’s life, career, and finances.
Henry Ruggs net worth
Now, let’s get to the main question: how much is Henry Ruggs worth? According to Celebrity Net Worth, Ruggs’ net worth is estimated to be around $5 million. While this may seem like a lot of money, it’s important to note that Ruggs is still a rookie in the NFL and has a long way to go before he can be considered one of the wealthiest players in the league.
Henry Ruggs Biography
|Henry Ruggs net worth||$5 Million|
|Full Name||Henry James Ruggs III|
|Date of Birth||January 24, 1999|
|Height||6 ft. 1 inch (1.85m)|
|Place of Birth||Montgomery, Alabama, U.S.A|
|Profession||American Football Player|
Introduction to Henry Ruggs
Henry Ruggs III was born on January 23, 1999, in Montgomery, Alabama. He attended Robert E. Lee High School, where he played football and ran track. In his senior year, Ruggs had 38 receptions for 639 yards and 7 touchdowns, along with 11 rushing attempts for 159 yards and 2 touchdowns. He was also a standout track athlete, winning the Alabama Class 7A state championship in the 100 meters with a time of 10.58 seconds.
Early life and career
Ruggs’ love for football started at a young age. His father, Henry Ruggs Jr., played football at Troy University and later coached at his son’s high school. Ruggs III was a three-sport athlete in high school, playing football, basketball, and track. He was recruited by several colleges, including Auburn, Florida, and Alabama, but ultimately chose to play for the Crimson Tide.
In his freshman year at Alabama, Ruggs played in all 14 games and had 12 receptions for 229 yards and 6 touchdowns. He continued to improve in his sophomore and junior years, finishing with a total of 98 receptions for 1,716 yards and 24 touchdowns in his college career.
Henry Ruggs’ NFL career
Ruggs’ impressive performances at Alabama caught the attention of NFL scouts, and he was projected to be a first-round draft pick in the 2020 NFL Draft. As expected, he was selected by the Las Vegas Raiders with the 12th overall pick. In his rookie season, Ruggs played in 13 games and had 26 receptions for 452 yards and 2 touchdowns.
Despite missing a few games due to injury, Ruggs showed flashes of his potential as a deep threat and a playmaker. He averaged 17.4 yards per catch, which was the highest among all Raiders receivers. With his speed and agility, Ruggs has the potential to become one of the best wide receivers in the NFL in the coming years.
How Henry Ruggs built his net worth
So, how did Ruggs build his net worth? As a first-round draft pick, Ruggs received a four-year contract worth $16.67 million, including a signing bonus of $9.56 million. This means that Ruggs’ annual salary is $4.16 million, which is a significant amount for a player who has only played one season in the NFL.
But Ruggs’ income doesn’t just come from his NFL salary. He has also signed several endorsement deals and sponsorship agreements. In August 2020, Ruggs signed an endorsement deal with Adidas, which reportedly pays him around $1 million per year. He has also worked with brands like Pepsi and Wingstop.
Endorsement deals and sponsorships
Endorsement deals and sponsorships are a major source of income for many NFL players, especially those who are popular and marketable. Ruggs’ speed and athleticism make him an attractive figure for brands that want to target a young and active audience. His partnership with Adidas is a testament to his marketability and potential as a brand ambassador.
Besides Adidas, Ruggs has also worked with Pepsi on a social media campaign called “Made for Football Watching.” The campaign featured Ruggs and other NFL players promoting Pepsi’s products during the 2020 football season. Ruggs has also partnered with Wingstop, a popular chicken wing restaurant chain, for a social media campaign.
Investments and business ventures
While endorsement deals and sponsorships are important for an athlete’s income, many players also invest their money in other ventures. Ruggs is no exception. In a recent interview, Ruggs revealed that he has invested in several businesses, including a real estate company and a car dealership.
“I’m trying to set myself up for life after football,” Ruggs said. “I know that football is not forever, and I want to make sure that I have other sources of income and investments that can support me and my family in the future.”
Henry Ruggs’ future prospects
As mentioned earlier, Ruggs has the potential to become one of the best wide receivers in the NFL in the coming years. With his speed and agility, he can be a game-changer for the Raiders and a nightmare for opposing defences. If he can stay healthy and continue to develop his skills, Ruggs could be a Pro Bowl player and a top earner in the league.
Comparison with other NFL players
To put Ruggs’ net worth into perspective, let’s compare him with other NFL players. According to Spotrac, a website that tracks NFL contracts and salaries, the highest-paid wide receiver in the league is Julio Jones, who earns an average of $22 million per year. Other top earners include Amari Cooper, Michael Thomas, and Tyreek Hill, who all make more than $18 million per year.
While Ruggs is still far from the top of the list, he has the potential to climb the ranks in the future. Many NFL players have seen their net worth increase significantly over the course of their careers, thanks to a combination of high salaries, endorsement deals, and smart investments.
In conclusion, Henry Ruggs is a rising star in the NFL, both on and off the field. His impressive performances at Alabama and his rookie season with the Las Vegas Raiders have earned him a net worth of around $4 million, which is expected to grow in the coming years. With his speed, agility, and marketability, Ruggs has the potential to become one of the best wide receivers in the league and a top earner in the NFL.
How much money does Henry Ruggs III make?
According to spotrac.com, Henry Ruggs III signed a 4-year deal with NFL’s Las Vegas Raiders valued at $16,671,626, including a signing bonus of $9,684,820. According to the contract, Ruggs had a guaranteed salary estimated at $4 million.
What are Henry Ruggs’ career earnings?
Henry Ruggs’ total career earnings were $11,019,357 for the two seasons he was at Las Vegas Raiders. This included a $1,217,912 salary, a $9,684,820 signing bonus, and a $116,626 incentive, per Spotrac. Henry Ruggs made around $13 million from his NFL career if you include annual bonuses.
What is Henry Ruggs III net worth?
As of June 2023, Henry Ruggs’ net worth is estimated to be $5 million.
How does Henry Ruggs Make money?
Henry Ruggs’ major source of income is playing American football at the NFL level. He played two seasons for NFL’s Las Vegas Raiders as a wide receiver earning payments that made him a massive fortune. He also earned deals, endorsements, and sponsorships.