Philip Rivers Net Worth

How much is Philip Rivers net worth?

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net worth:	$100 million
age:	42
Birth:	December 8, 1981
gender:	Male
Height:	1.96 m (6 ft 5 in)
country of origin:	United States of america
Sources of funds:	Professional NFL players
Last Updated:	July 29, 2024

Introduction

Philip Rivers is an American former NFL quarterback and the head coach of St. Michael Catholic High School.

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Rivers played college football at North Carolina State.

He was selected in the first round of the 2004 NFL Draft with the fourth overall pick by the New York Giants, who traded him to the Chargers for their first overall selection, quarterback Eli Manning.

Rivers spent the majority of his NFL career playing for the Los Angeles Chargers.

As of July 2024, Philip Rivers net worth is approximately $100 million.

early life

Philip Michael Rivers was born on December 8, 1981 in Decatur, Alabama.

His father, Steve, was the head coach of Decatur High’s football team and his mother, Joan, was a teacher.

Rivers went to Decatur and then moved to Athens. As part of a fifth-grade project, he had to make a poster about his dreams and aspirations.

Livelihood

Philip Rivers began his career while studying at the university, where he led NC State to an 8-4 record and won the MicroPC Bowl.

In 2001, Rivers, a second-year student at North Carolina State University, earned “Rookie of the Year” honors for setting records in the Atlantic Coast Conference (ACC).

Rivers led NC State’s football team, the Wolfpack, to victory in 2002. They won their first nine games and finished ranked #10.

This wasn’t the only great accomplishment of 2002, as Rivers also led the Wolfpack to the Gator Bowl where they defeated Notre Dame.

Steps towards success

As talented as Rivers was on the football field, his lack of arm strength and unusual side-arm throwing motion raised concerns among NFL general managers.

The pre-draft consensus was that the Pittsburgh Steelers would select Rivers as an alternative to Eli Manning, who moved to the San Diego Chargers.

However, Manning said he would not sign a contract with them, and with the support of Marty Schottenheimer, Rivers was selected by the New York Giants.

Although Manning was selected first, San Diego traded him to New York for Rivers, whom the Giants selected fourth.

Unfortunately, Rivers did not reach the Super Bowl during his career, but he does have the highest touchdowns, completion percentage, TD-IMT ratio, passer rating, and Pro Bowl honors.

Multi-million dollar contracts

Philip Rivers had an amazing NFL career where he earned a total salary of $243 million throughout his tenure in the league.

His contract and salary reflect his massive success on the field, and he joins Matt Ryan, Sam Bradford, and Deshaun Watson as players who have had similar success off it.

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Rivers signed a six-year contract with the Chargers in 2004 that was worth $40.5 million, including a $14.5 million signing bonus.

This was the beginning of his stint as a professional quarterback and gave him the opportunity to establish himself as the team’s starting quarterback the following year.

In 2009, Rivers was signed to a six-year, $92 million contract, confirming his status as the highest-paid quarterback in the league.

In 2015 he received a new contract extension worth $84 million, reflecting his team’s confidence in his talent and contribution to their success.

Missing the Super Bowl

Philip Rivers established himself as the dominant quarterback of his era by leading the league in passing yards and touchdowns.

Although Rivers never reached the Super Bowl, his impact on games was recognized, confirming him as one of the greatest quarterbacks of his generation.

Among the many quarterback heroes of gridiron stardom, he is mentioned along with Steve Young and Drew Brees.

Rivers cemented his legacy as a respected and skilled NFL quarterback due to his contributions to the Chargers and Colts franchises.

He ranked second in NCAA history when he set an NCAA record of fifty-one consecutive starts as a quarterback in 2018.

With 95 touchdowns in his career, Rivers ranked seventh in NCAA history with 13,484 passing yards, and was fourth all-time when he retired.

Creation of the River of Hope Foundation

Philip Rivers is a respected and accomplished NFL quarterback who has contributed to various charitable causes throughout his career.

Rivers and his wife Tiffany founded the Rivers of Hope Foundation, a charity that helps unwanted, abandoned, orphaned children find permanent homes.

He also launched a campaign called “Change the Game” to raise awareness and funds to help people with type 1 diabetes.

However, in 2013 he and his wife announced they would close the foundation after it had raised over $1 million for a children’s charity.

Football coaching

After a successful career, the professional football star retired but continues to participate in various philanthropic efforts and events.

After Rivers retired in 2021, he took a coaching position at St. Michael Catholic High School in Fairhope, where he now coaches football.

In 2023, the Rivers family will welcome their 10th child, Andrew, into the world, bringing their total to 5-21 year olds.

Living a luxurious life

Philip Rivers has managed his finances wisely throughout his career and has maintained his net worth of approximately $200 million earned over 17 seasons.

The Rivers family enjoys luxury in a 7,000 square foot mansion in San Diego worth $4 million, with six bedrooms and six bathrooms.

The NFL player also has a passion for cars. His pride and joy is the Ford F-250, a luxurious SUV worth $200,000.

Career Income and Salary

Year	Team	Salary
2004	San Diego Chargers	$8,955,000
2005	San Diego Chargers	$8,880,000
2006	San Diego Chargers	$4,750,000
2007	San Diego Chargers	$9,325,000
2008	San Diego Chargers	$5,450,000
2009	San Diego Chargers	$25,550,000
2010	San Diego Chargers	$12,600,000
2011	San Diego Chargers	$8,400,000
2012	San Diego Chargers	$10,200,000
2013	San Diego Chargers	$12,000,000
2014	San Diego Chargers	$13,800,000
2015	San Diego Chargers	$32,007,656
2016	San Diego Chargers	$22,000,000
2017	Los Angeles Chargers	$14,000,000
2018	Los Angeles Chargers	$15,000,000
2019	Los Angeles Chargers	$16,000,000
2020	Indianapolis Colts	$25,026,666
Total Career Earnings:		$243,944,322

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In 2004, Philip Rivers signed a 6-year rookie contract worth $41 million with the San Diego Chargers.

He received a signing bonus of $7.65 million, which helped him earn $9 million in his first NFL season.

In 2009, Rivers signed a new 6-year contract with the Chargers worth $91.8 million.

The deal was guaranteed $32.15 million at signing, $38.2 million in total, and included a $19.55 million signing bonus.

Rivers earned $25.6 million in the 2009/10 season.

In 2015, he signed a four-year extension with the Chargers worth $83.25 million.

Rivers was guaranteed $65 million in total, including a $22.5 million signing bonus.

An additional year was added to the deal in 2016, and Rivers earned $99 million from the contract.

In 2020, Rivers signed a 1-year, $25 million contract with the Indianapolis Colts, paid in full.

Throughout his career, Philip Rivers earned $244 million in the NFL, $219 million of which came from his tenure with the Chargers.

As of July 2024, Philip Rivers’ net worth is $100 million.

More former/current Los Angeles Chargers players:

Highlights

Here are some of the best highlights of Philip Rivers’ career:

ACC Rookie of the Year (2000)
NFL Alumni Players of the Year (2010)

Favourite quotes from Philip Rivers

“Anyone who has watched me play knows I’m not one of the fastest players, but I understand what’s going on around me and what I need to focus on. I know what the defense is doing.” – Philip Rivers

“It’s hard to rebuild what we’ve established (in San Diego) with our growing family. It’s hard to recreate that. I know relocating is part of life. But it’s definitely fair that (not being ready to move to Los Angeles) is part of it. The good thing is I’m not under contract in a year where we’d potentially be in Los Angeles.” – Philip Rivers

“What I can control and what I know to date, I signed a contract for another year … I think things can change, but with the uncertainty in so many aspects, I don’t think (his decision not to sign an extension) will change before camp starts, and I’m even more confident to play it when camp starts.” – Philip Rivers

Summary

Philip Rivers is an American football player who was selected #4 by the Chargers in the 2004 NFL Draft.

He began establishing his record of success as a student at North Carolina State University, where he played college football.

During his professional football career, he has led a total of 13 fourth quarter comebacks, with his most recent coming in 2011, when he led the Chargers to a 24–17 win over the Minnesota Vikings.