Name | Derrick Deshaun Watson |
Net Worth | $60 million |
Age | 27 years old (September 14, 1995) |
Position | Quarterback (Houston Texas: 2017-2021, Cleveland Browns 2022-Present) |
Residence | Cleveland , Ohio |
Marital Status | Dating |
Spouse | Jillyann Anais Moor |
Source of Wealth | Professional Football, Endorsements, Investments |
Salary | Approximately $46 million per year. |
Endorsements | DraftKings, Gillette, Samsung, Verizon, Rolex |
Endorsement Earnings | Approximately $8 million (until 2020) |
Deshaun Watson plays in the National Football League (NFL) as a quarterback for the Cleveland Browns. Watson signed a four-year contract with the Texans when he was selected in the 2017 NFL Draft in the first round. In September 2017, he made his first appearance in the game against the Jacksonville Jaguars, where he pulled his first NFL touchdown. After completing his high school with a successful stint, he received various scholarships from different universities, and started playing college football at Clemson University. After the 2015 season, Watson received an invitation to the Heisman Trophy presentation, and was the first Clemson player to be invited. During his junior year, due to his splendid achievements, he was chosen as the winner of the Johnny Unitas Golden Arm Award and the Manning Award. In the NFL, Watson guided the Texans to consecutive division titles between 2018 and 2019 and led the league in passing yards during 2020. He also received his Pro Bowl honors in each of his three seasons as Houston's primary starter. Of all time he has the highest career completion percentage to his name. Watson became the highest-paid NFL player ever after singing a five-year $230 million contract with the Cleveland Browns on 18th March 2022.
Image source - The Athletic
What is Deshaun Watson's Net Worth in 2023?
As of 2023, according to CelebrityNetworth.com Deshaun Watson has an estimated net worth of $60 million. In the 2017 NFL Draft where he was the no. 12 overall pick by the Houston Texans and he signed a four-year $13.84 million deal. It was accompanied by an $8.21 million signing bonus. He inked a four-year, $156 million extension in September 2020. He was traded to the Cleveladn Browns in 2022 and signed a contract worth $230 million, making him the highest-paid NFL player ever.
Deshaun Watson's salary
Deshaun Watson has an annual average salary of $46 million as per the terms of the 5-year contract he signed with the Browns in 2022. The contract is worth $230 million. At signing $44.965 million is fully guaranteed. Watson's contract runs till 2026 and he has a cap hit of $54.993 million by the end of his contract. His contract guarantees the $230 million by the end of his term even upon suspension.
Year | Contract | Signing Bonus | Average Salary |
2022-2026 (Cleveland Browns) | 5 yr(s) / $230,000,000 | $44,965,000 | $46,000,000 |
Deshaun Watson Endorsements
Watson has endorsed the likes of Rolex, Nike (NKE) - Get Report, Beats by Dre, and Snickers. Deshaun Watson had roughly 13-16 endorsement deals coming into the 2021 NFL off-season. In endorsements alone, Watson earned about $8 million annually. However, after the 22 lawsuits that were filed against him for sexual assault and misconduct, he lost some of his endorsement contracts. Nike and Beats by Dre are the most recent big-name companies that dropped Watson.
Here is a list of endorsement contracts that Deshaun Watson has and their statuses as of May 2021 -
Deshaun Watson Investments
Along with Jalen Ramsay, Deshaun Watson collaborated with Rally Rd, which offers luxury items including vintage and rare cars, watches, purses and memorabilia. Watson invested in a 1988 Lamborghini, one of his favorite cars, which is worth $292,000 and a 1970 Rolex watch worth $20,000 because he loves watches. Earlier he also teamed up with Houzz to revamp his childhood house in Gainesville, Georgia where his mother currently resides.
Deshaun Watson’s Charity Work
His foundation, Deshaun Watson Foundation is dedicated to education, health, housing and other charitable causes that support families and youth in underserved communities. It was established in 2019 by Watson. In 2017, Watson donated $27,000 his first NFL game check to three cafeteria employees affected by Hurricane Harvey who work at the Houston Texans' NRG Stadium. Watson had also teamed up with Reliant Energy to donate about $175,000 worth of tech, including laptops, to kids in need locally. Previously he had also bought Halloween costumes for kids of Pro Vision School earlier in the week and in total, his charity has raised more than $100,000 this week. In various means and ways, Watson has given back to his Houston community.
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