Levi Wallace, a cornerback for the Denver Broncos in the NFL, has not only made a name for himself with his on-field performance but has also built a substantial financial portfolio. Known for his unorthodox journey into the NFL as an undrafted free agent, Wallace’s career has seen significant earnings growth.
From modest beginnings to securing major contracts, his story is one of perseverance and financial success. In this article, we’ll take an in-depth look at Levi Wallace net worth, the evolution of his salary, his financial milestones, and how he has grown his wealth through various sources.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Levi Wallace |
| Popular Name | Levi Wallace |
| Gender | Male |
| Birth Date | June 12, 1995 |
| Age | 29 (as of 2024) |
| Parents | Wendy Wallace, Walter Lee Wallace, Jr. |
| Siblings | Corey Wallace (Brother) |
| Birthplace | Tucson, Arizona, USA |
| Nationality | American |
| Ethnicity | African American |
| Education | University of Alabama |
| Marital Status | N/A |
| Spouse | N/A |
| Children | N/A |
| Dating | N/A |
| Net Worth | $1 million to $5 million |
| Source of Wealth | NFL Career, Endorsements |
| Height | 6 ft (183 cm) |
What is the Net Worth Of Levi Wallace in 2024?
As of 2024, Levi Wallace‘s net worth is estimated to be between $1 million and $5 million. This range reflects his steady rise in the NFL, starting as an undrafted free agent to securing important contracts with the Buffalo Bills, Pittsburgh Steelers, and now the Denver Broncos. His earnings stem primarily from his NFL salary, signing bonuses, and endorsements.
Comparing him to other players in similar positions and with similar career paths, Levi Wallace’s wealth is in the mid-range for NFL cornerbacks. His net worth also reflects the consistent financial growth he has achieved over the years.
Here’s a list of NFL players who share a similar financial profile or have played in similar positions:
- T.J. Watt
- Minkah Fitzpatrick
- Stefon Diggs
- Devin McCourty
- Patrick Peterson
- Darius Slay
- Kyle Fuller
- Shaquill Griffin
- Xavien Howard
If you’re interested in how top earners in sports compare, check out our article on the top 10 richest NFL players.
Levi Wallace Wealth, Salary, and Finance Overview
Early Beginnings and Career Start
Levi Wallace’s financial journey started from humble beginnings. Despite playing for a powerhouse college football team like the University of Alabama, Wallace entered the NFL as an undrafted free agent in 2018.
This means he didn’t have the immediate financial cushion of a first-round draft pick. His rookie contract with the Buffalo Bills was modest, worth about $495,000 for the first year. But this did not stop him. As an undrafted player, Wallace had to prove himself to earn significant playing time and a more lucrative contract.
NFL Contracts and Earnings
Wallace’s NFL earnings began to climb as his value increased within the Buffalo Bills. By securing a starting cornerback position, his salary gradually increased through contract renewals.
In 2021, Wallace signed a two-year deal with the Buffalo Bills worth around $3.75 million, with $2.25 million of that amount as a signing bonus.
His career was solidified in Buffalo, but when he moved to the Pittsburgh Steelers in 2022, his contract was worth even more.
In 2024, Levi Wallace signed a one-year contract with the Denver Broncos worth $1.29 million. This contract includes $667,500 in guaranteed salary and $167,500 in signing bonuses. Though this may seem less than some high-profile cornerbacks, it still represents a significant financial achievement for Wallace.
Endorsements and Sponsorship Deals
Beyond the NFL contracts, Levi Wallace has expanded his wealth through endorsements. While the exact brands he partners with aren’t fully disclosed, NFL players often sign lucrative deals with sportswear brands, fitness companies, and lifestyle products.
These endorsement deals can range anywhere from tens of thousands to millions, depending on the player’s popularity and brand recognition.
Wallace’s endorsements likely represent a considerable portion of his total wealth, as professional athletes can earn significant amounts from these deals, especially when their brand aligns with major sponsors.
Salary at Buffalo Bills
During his time with the Buffalo Bills, Wallace earned a respectable salary. His rookie contract was low at first, but by the time he signed his contract extensions, Wallace was making far more, especially with the Bills’ playoff push in 2020 and 2021.
His 2021 salary was valued at $2.5 million, with $2.25 million in guaranteed money.
Wallace’s steady growth in his role as a starting cornerback led to higher performance incentives, allowing him to unlock higher earnings as the team’s needs increased.
Financial Growth with the Pittsburgh Steelers and Denver Broncos
Wallace’s contract with the Pittsburgh Steelers in 2022 marked an increase in his earnings. The Steelers were looking for a reliable cornerback, and they secured Wallace for $3 million over two years.
His 2024 contract with the Denver Broncos, valued at $1.29 million, is a one-year contract, but still reflects his consistent earning power in the NFL. He is expected to continue earning well, especially given his role in the Broncos’ defense.
Signing Bonuses and Guaranteed Contracts
His contracts have included lucrative signing bonuses, a hallmark of NFL deals. His most recent signing bonus of $167,500 from the Denver Broncos is significant, especially since these bonuses provide financial security in the early years of a player’s contract.
These signing bonuses are often paid upfront and can be a major part of a player’s immediate earnings.
Sponsorships and Personal Investments
In addition to his NFL earnings, Wallace has likely invested in various businesses or opportunities that contribute to his wealth. Like many athletes, he may diversify his financial portfolio by working with financial advisors to make smart investments outside of his football career.
Additionally, endorsement partnerships are likely a secondary income stream for Wallace, potentially with sports or lifestyle brands.
College Career at the University of Alabama
Wallace’s college years were pivotal in shaping his NFL career. Playing for the Alabama Crimson Tide under coach Nick Saban gave him the exposure and training needed to make it to the NFL. While college athletes don’t earn salaries, Wallace’s scholarship and playing time on a high-profile team were stepping stones to his financial future.
His time at Alabama gave him the platform to showcase his talents to NFL scouts, which directly led to his undrafted free-agent contract.
FAQs About Levi Wallace
What NFL team does Levi Wallace play for?
Levi Wallace currently plays for the Denver Broncos.
What position does he play in the NFL?
He plays as a cornerback for the Denver Broncos.
What is his salary in 2024?
Levi Wallace earns approximately $1.29 million in salary with the Denver Broncos in 2024.
Has he ever been to the Pro Bowl?
There is no record of Levi Wallace being selected to the Pro Bowl as of 2024.
Where did Levi Wallace play college football?
He played college football at the University of Alabama for the Alabama Crimson Tide.
Conclusion
Levi Wallace’s financial journey from an undrafted rookie to a starting NFL cornerback is a testament to his hard work and dedication. With a net worth ranging from $1 million to $5 million, his wealth continues to grow with each contract, endorsement, and investment. Interested in more financial insights about athletes and celebrities?
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