How Much Is The Net Worth Of Terrell Owens?
Once one of the highest earning men in the NFL, Terrell Owens declared bankruptcy by 2011 and has a net worth of $500,000 as of July 2022. Although he earned more than $80 million throughout his career from endorsements and his salary he appealed in front of a judge to reduce his child support to four different women because he had no monthly earnings.
His rise and fall financially can be compared to the likes of Allen Iverson and Evander Holyfield who also shared a similar fate to Owens.
The once revered American football player started his career back in 1996 with the San Francisco 49ers. Before this, he played football for his college team and wore the #80 jersey as ode to his idol Jerry Rice. He then went on to lead a stellar career that would forever immortalize him in NFL history.
He is the winner of multiple Pro Bowls and finished 3 seasons as the NFL receiving touchdowns leader. The well-decorated player is an unmistakable icon of the game but his net worth has dwindled through the years.
Terrell Is Broke With Just $500,000 in Net Worth
The once millionaire, Terrell Owens’ net worth is estimated to be around $500,000 which is relatively small for a man who earned more than $80 million throughout his career. He mostly earned from his professional career as an American football player.
According to some sources he earned around $1.8 Million in 2000 and from then on his yearly income gradually increased until his eventual financial downward spiral.
Net Worth 2000
- Earnings: $1.8254 Million
Net Worth 2001
- Notable Events: Finished the season as NFL receiving touchdowns leader.
- Earnings: $2.43 Million
Net Worth 2002
- Notable Events: Finished the season as NFL receiving touchdowns leader for a second time.
- Earnings: $4.1 million
Net Worth 2003
- Notable Events: He appeared in a commercial for the ESPY Awards.
- Earnings: $4.7 million
Net Worth 2004
- Notable Events: He sprained his ankle and broke a fibula and missed the rest of the season.
- Earnings: $9 million (Bonuses on top of his $660,000 salary)
Net Worth 2005
- Notable Events: Hired a new agent named Drew Rosenhaus.
- Earnings: $2.7 million
Net Worth 2006
- Notable Events: He was released by the Philadelphia Eagles.
- Earnings: $10 million
Net Worth 2007
- Notable Events: Underwent surgery twice to repair the ring finger of his right hand.
- Earnings: $8 million
Net Worth 2008
- Notable Events: Owens appeared on a pilot episode of FACETIME.
- Earnings: $13.7 million
Net Worth 2009
- Notable Events: Anchored the 6:00 p.m. newscast of WKBW-TV on May 18, 2009.
- Earnings: $6.2 million
Net Worth 2010
- Notable Events:
- Earnings: $4 million
Net Worth 2011: Bankrupt ($0)
Net Worth 2019: $100 Thousand
Owens’ financial status is measly compared to his once millionaire status, over the course of his career he earned more than $60 million from the salary and signing bonuses from his teams alone. Apart from this he also did endorsements and advertisements for various companies.
Owens has appeared in commercials for companies like Go90, Wix.com, The Rack Workout, Pizza Hut, T-Mobile One, and Toyota among others.
Adding to this he also has more than 372k followers on Instagram and from there he earns around $1,110.75 to $1,851.25 per post. From his Instagram handle, he has earned approximately $741,981 from Instagram.
Lifestyle, Expenses, Properties: Assets, House, Cars, Charity, Insurance, Tax, Child Support, Alimony
The one time star of the NFL lives a relatively simple life compared to his heyday. There is no proper information about his current location/home, however, he once lived in Moorestown, New Jersey while he was on the Philadelphia Eagles.
The mansion located at 40 Landing Court was purchased for $3.9 million in 2004 and was listed for $3.4 million in 2007. Sadly, the price of the house which was made at 5.7 acres with nine bathrooms (each with a Jacuzzi), four bedrooms, a conservatory, an indoor cabana, custom designed kitchen and a large outdoor pool plummeted by half before and he finally sold it for $1.7 million in 2010.
He also has a house in Lithonia, GA. The home which probably cost million of dollars was built at 7,694 sq-ft in 2001. It has eight bathrooms, six bedrooms, His & Hers baths and a master suite, a formal living, 2-story great room, volleyball court, a resort style swimming pool and not forget sits on over 5 acres.
Similarly, he travels sometimes to expensive destinations like Hawaii and posted a photo of him scuba diving with sharks.
The diving company he used, Island View Hawaii charged $150 per diver and $100 for every ride along. Likewise, he also took a trip to Tahiti where the average cost of a week long a trip is around $11,000.
Not a shy man Owens was fined $150,000 by the NFL for his controversial as well as flamboyant celebrations.
There is only a very small amount of information about his car collection in the media but he did buy a Mercedes in the early years of his career. He also partnered with Toyota for the commercial of the Avalon model.
The legendary rugby player has led a stellar career but a rocky love life, he has children with 4 mothers and was ordered by the court to pay alimony to the mothers of his children.
In 2012, 3 of his 4 baby mamas went on the Dr. Phil show to tell him that Owens had not paid them their alimony. Owens said that he was paying $45,000 in child support at the time.
Owens also has insurance for his whole body as well as his head. NFL players especially, due to relatively recent news that concussions affect players on a huge scale have their heads insured too.
Apart from this, he also spent a huge amount of money on flashy things. In an interview, he said that he wanted to live like the NFL veterans who had expensive cars, big mansions, and flashy jewelry. His impulsive spending was one of the reasons why he became bankrupt.
Does He Regret Blowing Through $80 Million
As a NFL player Owens earned a huge amount on an annual basis, however, he had to go through huge financial constraints while still with NFL.
Well, Owens has things to tell to young NFL player to avoid them from getting into financial troubles he had to go through.
Out of his experience, he mark the major reason for his downfall was all the needless splurges he did when he should have not.
In an interview with NerdWallet, he stated,
My advice to any fan or athlete out there: Just don’t live beyond your means,” says Owens. “At that time I got sucked into wanting to be like everybody else, the guys with the Mercedes and all the flashy cars and the jewelry. I think those are some of the most idiotic purchases I think players can do, especially when they don’t have that money in the bank account to really pay for that stuff.
Terrell Owens’ Personal Life- Age, Family, Wife, Parents, Height
Terrell Owens was born Terrell Eldorado Owens on December 7, 1973, in Alexander City, Alabama, USA. He was born to father LC Russel and Marilyn Heard. He is African-American by ethnicity and is an American by nationality.
Relationships And Children
Regarding his relationships, he was married to Rachel Snider in 2014 and they got divorced in 2015.
Apart from this, he has 4 children from 4 different mothers. He has 2 daughters named Kylee Owens and Dasha Owens. Similarly, his two sons are named Terique Owens and Atlin Owens.
Age And Height
Owens, as of 2022, is 48-year-old and stands at the height of 6 feet 3 inches or 190 cm.