Very few people in the world can say that they have done it all. John Albert Elway Jr. is one of those rare few. He was a record-setting quarterback in college, led the Denver Broncos to five Super Bowl appearances and two championships, and has now been inducted into the Pro Football Hall of Fame. He also has a net worth that is talked about in the same sentences as some of the biggest names in the National Football League (NFL) history.
How did John Elway amass such a fortune? Let’s look at John Elway net worth, his career earnings and some of his business ventures.
Who Is John Elway
As a former successful American football quarterback, John Elway played many years in the league with the Denver Broncos. Born in 1960 in Port Angeles, Washington, Elway grew up with a love for sports. He was a star athlete in high school, lettering in baseball, basketball, and football.
After graduating, he went on to play football at Stanford University. It was there that he met his future wife, Janet Bingham. Elway’s NFL career began in 1983 when the Baltimore Colts drafted him. However, he was quickly traded to the Denver Broncos, where he would spend the rest of his career.
During his 16 seasons with the Broncos, Elway won two Super Bowls and was named MVP of both games. He is now a retired American football player. John Elway retired from football in 1999 but remains active with the Broncos as their Executive Vice President of Football Operations.
In addition to his work with the Broncos, Elway is also involved with numerous charities, including the Boys & Girls Clubs of America and the Make-A-Wish Foundation. Undoubtedly, John Elway is one of professional football’s most accomplished and respected figures.
John Elway’s Net Worth
It is estimated that John Elway has over $145 million net worth. His successful football career and various other business ventures earn this much.
How John Elway Made His Money
Today, Elway is worth an estimated $145 million. How did he make his money?
Elway’s NFL career began with a bang: he was named Rookie of the Year in 1983 after throwing for 2,333 yards and 12 touchdowns. Throughout his 16-season career, he would go on to throw for 51,475 yards and 300 touchdowns, making him one of the most successful quarterbacks in NFL history.
Though he only made about $6 million in salary during his playing days, Elway was able to parlay his on-field success into numerous endorsement deals. He appeared in ads for Coca-Cola, Nike, and Reebok, among other companies. These endorsement deals likely earned him tens of millions of dollars over the years.
In addition to his endorsement earnings, Elway has made money through his ownership stake in several businesses. He is a part-owner of two car dealerships in Colorado and several restaurant franchises.
He also has real estate, private equity, and venture capital investments. Given his success on and off the field, it’s no surprise that John Elway is worth so much money today.
Investments and Business Ventures
Like any other successful athlete who hangs up their boots, John Elway knows how to capitalize on his name and reputation. After a storied Hall of Fame career with the Denver Broncos, he parlayed his gridiron glory into a post-playing career in business.
He bought a Carnegie-Elway Ford dealership in Englewood, Colorado, in 2002. He further increased his automobile holdings by adding an Audi Dealership in 2006.
Aside from his “John Elway Autos” dealerships, he also has a Toyota Scion, Chrysler Jeep, Chevrolet, and Cadillac franchise in different states. In 2009, he added John Elway’s Crown Toyota to his business portfolio in Ontario, California. Along with these businesses, he has also made wise investments in restaurant chains like Smashburger and Noodles & Company.
Philanthropy
Though John Elway is an avid businessman, he also knows the importance of giving back and making a difference in the world. He has been involved with numerous philanthropic causes over the years, including supporting charities like Make-A-Wish Foundation and Boys & Girls Clubs of America. He also donates to the Denver Broncos charity, “Broncos Charities.”
John Elway is an excellent example of how determination and hard work can lead to success on and off the field. Through his years of dedication to sports and business, he has been able to amass an impressive net worth that will keep him comfortable in his retirement.
He continues to be a role model for aspiring athletes and entrepreneurs alike, showing that with the right attitude, anything is possible.
Legacy
John Elway is often remembered as one of the greats of professional football. He won two Super Bowls and was inducted into the Pro Football Hall of Fame in 2004. His legacy extends beyond just football, though; he’s also been a successful businessman, investor, and philanthropist
His impressive career in the field has translated to success in business, as he has leveraged his name and reputation to become a significant player in the automotive industry. He also invests in multiple restaurant franchises, real estate, private equity, and venture capital.
John Elway’s legacy can be summed up by his ability to take risks, think big, and achieve success on and off the field. He’s an example of what can be accomplished when you have the focus and drive to make a difference in the world. His hard work and dedication have allowed him to amass a net worth that will keep him comfortable for years.
With his vast array of accomplishments, Elway has become one of the most inspiring figures of modern times. His legacy will live on for generations, and he will always be remembered as one of the greatest athletes. That’s why it’s no surprise that John Elway is worth so much money today.
FAQs
Who Are the Children of John Elway?
He has four children, Jessica Elway, Jordan Elway, Jack Elway, and Juliana Elway.
Final Thoughts
John Elway’s success in sports and business is a testament to his determination and hard work. He has leveraged his name and reputation to become a significant player in the automotive industry and investments in real estate, private equity, venture capital, and restaurant franchises. With determination and perseverance, anyone can have success in life.
