What is Drew Brees' net worth? Saints' quarterback who announced retirement donated over $35M as charity in 2020
He signed a contract with NBC to work 'Saturday Night Football' telecast, which is reportedly expected to pay him around $6 million each season
New Orleans Saints' quarterback Drew Brees announced his retirement from NFL on Sunday, March 14, after completing 20 seasons. He ended his career on the 15th anniversary of his signing with the Saints. Brees took to Instagram to share the news about his bidding farewell to football, which was announced by his children in a video.
He captioned it, "After 20 years as a player in the NFL and 15 years as a Saint, it is time I retire from the game of football. Each day, I poured my heart & soul into being your Quarterback."
He further noted in his post, "My goal for the last 15 years was striving to give to you everything you had given to me and more. I am only retiring from playing football, I am not retiring from New Orleans. This is not goodbye, rather a new beginning. Now my real life‘s work begins!"
Brees is believed to be one of the greatest quarterbacks in the history of the game. As the New Orleans Legend is retiring from playing football, here's a look at his massive fortune.
What is Drew Brees' new worth?
Brees is reportedly worth $120 million, according to Celebrity Net Worth. His salary for NFL has contributed majorly to his overall wealth. In 2001, he signed with the San Diego Chargers. He reportedly received a $1.845 million signing bonus to go along with his $320,000 a year salary.
In 2020, he is said to have signed a two-year contract with the Saints. The deal reportedly was for $50 million with $23 million in bonus. According to Sportcasting, during his career in football, Brees has earned more than $224 million.
Furthermore, when ESPN did not pick him for its 'Monday Night Football broadcasting team, he signed a contract with NBC to work 'Saturday Night Football' telecast, which reportedly is expected to pay him around $6 million per season.
Brees' business ventures and philanthropy
Apart from his contributions to football, which he plans on continuing after retirement, the legendary player is also a successful entrepreneur. He's reportedly the owner of multiple Jimmy John’s and Dunkin’ (Donuts) franchises and he’s also an investor in the UNTUCKit line of shirts.
Moreover, he and his wife Brittany are known for their charitable works. They have reportedly donated millions through the Drew Brees Foundation. The foundation’s mission statement reads: "Improving the quality of life for cancer patients and providing care, education and opportunities for children and families in need". The couple is said to have donated over $35 million globally and in 2020, they donated $5 million to Louisiana relief efforts around the coronavirus pandemic.
He earned $6 million in a lawsuit
In 2019, Brees was awarded $6 million in a lawsuit which he had filed against a San Diego jeweler in 2018. The lawsuit claimed he and his wife purchased investment-grade diamonds for $15 million, which was valued at $6 million by an independent appraiser.
Brees' most latest venture is his partnership with Walk-On's co-founder Brandon Landry to launch a new restaurant.