Tim Tebow’s Net Worth: 5 Fast Facts You Need to Know

Tim Tebow, Tim Tebow broadcasting, Tim Tebow ESPN


Tim Tebow will hold a showcase for scouts on Tuesday, as he attempts to make his way back into professional sports. However, this time he’s vying for a spot in the MLB. On Tuesday, Tebow will run the 60-yard dash, take fly balls in the outfield, throw to the bases, take regular batting practice and live BP.

The 29-year-old is currently a football analyst for ESPN’s SEC Network, however, he may soon take a break from the broadcasting world if Tuesday’s showcase is a success.

Here is a look at Tebow’s net worth, previous NFL contracts and foundation.

1. He Has a Net Worth Estimated at $4 Million

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Tebow has a net worth estimated at $4 million, according to Celebrity Net Worth. However, the Richest estimated his net worth to be $10 million. According to the Richest website, he earned $3 million in endorsements alone. While the exact amounts are not publicly known, Tebow signed lucrative deals with Nike, Jockey underwear and EA Sports during his time in the NFL.

2. Tebow’s Rookie Contract With the Broncos Was $8.7 Million

Tim Tebow Broncos, Tim Tebow Denver, Tim Tebow Denver Broncos


The Heisman Trophy winner was drafted by the Broncos in the first round of the 2010 NFL Draft. On July 29, Tebow signed a five-year contract with the Broncos that had a base value of $11.25 million, although he could earn as much as $33 million through performance-based incentives. The contract included $8.7 million guaranteed. In the 2010-11 season, he made 14 starts at quarterback for Denver, however his time at Denver quickly fizzled.

Tebow was traded to the New York Jets during the offseason after the Broncos acquired free agent quarterback Peyton Manning. His annual base salary with the Jets was worth $895,000. He was released from the Jets in April 2013. He signed a two-year, non-guaranteed contract with the New England Patriots on June 11, 2013, before being cut from the team two months later.

After two seasons away from the game, Chip Kelly offered Tebow an opportunity to return. Tebow signed a one-year contract with the Philadelphia Eagles on April 20, 2015. Tebow’s one-year deal was for $660,000 and included no offer for a bonus or guaranteed money, according to USA Today. The deal was arranged so that he would be paid in weekly installments of $38,824 as long as he remained on the Eagles for the regular season. However, he was cut from the team on September 5. Tebow made $195 for each day of off-season workouts and $1,800 a week in training camp.

3. He Bought a $1.4 Million Home in 2014

Tim Tebow, Tim Tebow Broadcasting


The former NFL quarterback bought a $1.4 million home at Glen Kernan Golf and Country Club in Jacksonville, the Jacksonville Business Journal reported in 2014. Tebow, who is from Jacksonville, grew up in the area.

The 6,525-square-foot home was built in 2000 and features a large sun deck and billiard room. Tebow purchased the five bedroom, 4½ bathroom home located on Swilcan Bridge Lane from David and Virginia Bailey, according to News4Jax.

Tebow seems to be putting down roots in his hometown— he also bought into the PDQ restaurant franchise in Jacksonville with his brother.

4. He Signed a Multi-Year Deal With ESPN in 2013

Tebow, who won two national championships with Florida, can be seen every Saturday morning on SEC Network’s SEC Nation. Tebow signed a multi-year deal with ESPN in 2013 as a football analyst.

“I am so excited that ESPN has given me this incredible opportunity,” Tebow said at the time his contract was announced.

“When I was six years old I fell in love with the game of football, and while I continue to pursue my dream of playing quarterback in the NFL, this is an amazing opportunity to be part of the unparalleled passion of college football and the SEC.”

According to ESPN, Tebow’s role with ESPN “will not preclude him from continuing to pursue playing opportunities in the NFL.”

5. His Non-Profit Raised More Than $4 Million in Its First Year

The Tim Tebow Foundation’s mission is to “bring faith, hope and love to those needing a brighter day in their darkest hour of need,” according to its website. The nonprofit has a variety of platforms in place to accomplish that mission.

The foundation, which was founded in 2012, aims to grant wishes of kids battling life threatening conditions, help treat children suffering from physical disabilities in the developing world, create fun playrooms for pediatric patients, and support homeless children in the Philippines.

The foundation’s signature fundraising events include Night to Shine, and the Tim Tebow Foundation Celebrity Gala and Golf Classic in Ponte Vedra Beach.

In it’s first year in operation, the nonprofit pulled in over $4 million, according to the Huffington Post.

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