Travis Kelce's Net Worth: How the Chiefs TE Has Built His Fortune
Introduction
Travis Kelce has become one of the biggest stars in the NFL thanks to his elite play at tight end for the Kansas City Chiefs. Along with his success on the field, Kelce has seen his net worth skyrocket. In this article, we'll take a look at Travis Kelce's net worth and how he has earned his fortune.
Travis Kelce's Football Career
Travis Kelce was drafted by the Kansas City Chiefs in the third round of the 2013 NFL Draft out of the University of Cincinnati. Kelce missed his entire rookie season due to injury, but broke out in 2014 with 67 catches for 862 yards and 5 touchdowns.
From there, Kelce has established himself as arguably the best tight end in the NFL. He has been named to 8 Pro Bowls and been a first-team All-Pro 4 times. Kelce has had six straight 1000+ yard receiving seasons from 2016 through 2021.
Kelce has been a key part of the Chiefs offense that has won the AFC West division title every year since 2016. In 2019, Kelce helped lead the Chiefs to victory in Super Bowl LIV over the San Francisco 49ers.
Contract Earnings
As Kelce's production has increased, so has his paycheck. In 2016, Kelce signed a 5 year, $46 million contract extension with the Chiefs.
Then in 2020, Kelce signed another extension for 4 years and $57.25 million. This deal made Kelce the highest paid tight end in NFL history at the time.
Across his 10 year career so far, Kelce has earned nearly $75 million in NFL contracts. And with his current deal keeping him in Kansas City through 2025, that number will continue rising.
Endorsements
In addition to his big NFL contracts, Kelce has earned significant income from endorsement deals.
Kelce has signed endorsement deals with brands like Hyperice, Head & Shoulders, Bose, and Foot Locker. He has also launched his own cereal brand called Travi$ Kelce's K touchdown cereal.
While exact financial details of Kelce's endorsements are not known, it's likely he earns millions per year from these additional revenue streams.
Travis Kelce's Net Worth
Thanks to his lucrative NFL contracts and endorsements, Travis Kelce has built an impressive net worth.
As of 2024, Travis Kelce's net worth is estimated to be approximately $25 million.
Given that he is still in the prime of his career, this net worth figure could continue rising significantly in the coming years. If Kelce keeps performing at an elite level, more lucrative contract extensions and endorsements will likely follow.
Real Estate Investments
Like many wealthy athletes and celebrities, Kelce has invested some of his earnings into real estate.
In 2018, Kelce purchased a 4,500 square foot home in Kansas City worth over $1.8 million. This serves as his primary residence during the football season.
Kelce also owns a home in Cleveland Heights, Ohio that he purchased for $540,000 in 2017.
Real estate is likely seen by Kelce as a smart way to invest his money and diversify his assets outside of simply relying on NFL contracts.
Comparisons to Other Athletes
Travis Kelce's $25 million net worth may seem small compared to superstar athletes in other sports. For example, LeBron James has a net worth over $1 billion. Roger Federer and Tiger Woods both have net worths estimated at over $800 million.
However, Kelce's net worth compares favorably to other NFL tight ends. Rob Gronkowski has a net worth around $40 million, while George Kittle is worth approximately $6 million.
Kelce's net worth also outpaces most NFL quarterbacks. Dak Prescott has a net worth around $16 million, while Kirk Cousins is worth roughly $50 million.
So while he may not be as wealthy as the top athletes in basketball or tennis, Kelce has done very well financially compared to most other NFL players.
Future Outlook
At just 32 years old, Travis Kelce likely still has several strong years left in his career. He has shown no signs of slowing down in recent seasons.
Kelce stands to earn around another $40 million in salary over the remainder of his Chiefs contract, which runs until 2025. He could also sign additional lucrative contracts or extensions before retiring.
Endorsement opportunities should also continue to roll in for a star like Kelce. As his stardom grows, his off-field earning potential will keep rising.
Barring injury, Travis Kelce should be able to significantly grow his net worth over the next 5-10 years. $100 million is not out of the question if Kelce maintains his elite production deep into his 30s.
Thanks to both his exceptional talent and strong business savvy, Travis Kelce has positioned himself to be very wealthy long after his playing days end.
FAQs
What is Travis Kelce's current net worth?
Travis Kelce's net worth is estimated to be around $25 million as of 2024.
How much does Travis Kelce make per year?
Kelce earns around $14-15 million per year currently from his NFL contract with the Kansas City Chiefs.
What are Travis Kelce's main sources of income?
Kelce's income comes primarily from his NFL salary and endorsements. He has endorsement deals with brands like Hyperice, Bose, and Head & Shoulders.
What is the most Travis Kelce has ever made in a single season?
In 2021, Kelce had his biggest season earnings totaling around $24 million from his salary and bonuses.
How much could Travis Kelce's net worth grow in the future?
If Kelce maintains his elite production, his net worth could potentially surpass $100 million over the next 5-10 years.
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