What is Justin Herbert's net worth? LA Chargers QB signed a $26.6M contract with team

The Chargers plucked Herbert from Oregon last year as the No 6 pick. He went on to set numerous rookie passing records
PUBLISHED AUG 13, 2021
Justin Herbert is all set for the NFL action this season (Photo by Mark Brown/Getty Images)
Justin Herbert is all set for the NFL action this season (Photo by Mark Brown/Getty Images)

NFL season is just around the corner and Justin Herbert is all set for the action this season. Now the Los Angeles Chargers quarterback's fans want to know more about him and his net worth. 

The Chargers plucked Herbert from Oregon last year as the No 6 pick. He went on to set numerous rookie passing records and the Chargers are confident he won’t skip a beat in Year 2. “I think I’ve learned a lot in the last year, playing a lot of football and going through two offenses,’’ Herbert, 23, said. “By learning this new system with a lot of the guys out there, we’ve had a lot of fun working together.’’ Speaking of the 2021 NFL season New Orleans Saints' Wide receiver Michael Thomas is expected to miss the start of the regular season while his teammate Taysom Hill signed a new deal which gets him a guaranteed $12.159 million for 2021.

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Justin Herbert's early life and career start

Herbert completed his schooling at Sheldon High School in Eugene, Oregon where he played football, basketball and baseball. As a senior, he passed for 3,130 yards and 37 touchdowns with 543 rushing yards and 10 rushing touchdowns. Herbert was named 1st Team All-State and the Southwest Conference Offensive Player of the Year. Herbert grew up 10 minutes from Autzen Stadium and has been a Duck fan since childhood. His grandfather, Rich Schwab, played receiver at Oregon in the 1960s.



 

Herbert suffered a broken leg in the third game of his junior season at Eugene’s Sheldon High School. His broken leg complicated his recruitment process and initially, no major programs offered a scholarship as a result. Northern Arizona, Portland State and Montana State all extended offers before Nevada and Oregon followed up with their only FBS offers. Herbert committed to his hometown Ducks on October 9, 2015.



 

Herbert also played football through his college life for the Oregon Ducks and was the 2020 MVP. He was drafted into the National Football League in the 2020 draft and was the sixth pick of the draft. He has a series of awards that he has collected since 2016. Some of those awards include the Academic All American 1st Team, Skeie’s Award (Oregon Team Award – Most Valuable Player), Pac-12 Academic All-Conference 1st Team and Manning Award Quarterback of the Week – November 3, 2016.

What is Justin Herbert's net worth?

In July 2020 Herbert signed a four-year contract with the Los Angeles Chargers that nets him a massive salary of $6.6 million (5.5 million Euros) per year, which means he earns $18,205 (€15,031) per day and $759 (€626) per hour. In 202o there were reports that Herbert had also teamed up with Bose headphones, Head and Shoulders shampoo and Flag and Anthem, a clothing company, FedEx and Nike. The four-year $26.6 million contract with the Los Angeles Chargers, includes a $16,890,004 signing bonus, $26,578,755 guaranteed, and an average annual salary of $6,644,689. In 2021, Herbert will earn a base salary of $1,818,125, while carrying a cap hit of $6,040,626 and a dead cap value of $21,746,254, reports Sportrac.

While there is no clear information available about his cumulative net worth, wtfoot.com estimates his worth could be  $3.5 million.

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