What is John Elway’s net worth?
| Net Worth: | $145 Million |
|---|---|
| Age: | 62 |
| Born: | June 28, 1960 |
| Gender: | Male |
| Height: | 1.91 m (6 ft 3 in) |
| Country of Origin: | United States of America |
| Source of Wealth: | Professional NFL Player |
| Last Updated: | March 8, 2023 |
Introduction
John Elway was a highly successful quarterback who became the president of football operations for the Denver Broncos.
Elway started his career when he was selected by the Baltimore Ravens in the 1983 NFL Draft and was then traded to the Broncos during the first round.
This football superstar had a 16-year-long career in football and retired as a two-time Super Bowl winner and Hall of Fame nominee.
As of March 2023, John Elway’s net worth is estimated to be $145 Million.
John Elway Facts
- John was inducted into the College Hall of Fame in 2000.
- He retired as the second most prolific passer in NFL history in 1999 at the age of 38.
- Since retiring in 1999, John has gone on to own several profitable businesses.
- He appeared in an episode of Home Improvement, in 1994.
- In 2007, John appeared in the television series, “Fast Cars and Superstars: The Gillette Young Guns Celebrity Race”.
Early Life
John Albert Elway Jr. was born June 28, 1960, in Port Angeles, Washington.
He has a twin sister named Jana, who was born 11 minutes after him, and an older sister by 18 months, named Lee-Ann.
Their father, Jack, encouraged his children to be athletic from a young age, as he worked as a college football coach.
Today, John speaks about playing with his siblings as one of the happiest memories of his life, as he and his twin sister Jana have a special bond and were inseparable as children.
His father first started teaching John how to play baseball in their backyard and, with John showing obvious talent, Jack wanted to do anything he could to help him further his talents.
Even though there was a lot of support, John found himself staying at home while his sisters went on skiing trips so he wouldn’t hurt himself in fear of not being able to compete.
John developed his knowledge of the sport by watching his father coach and experienced many great games, serving as a ball boy from time to time.
In high school, he helped lead his baseball team to the Los Angeles City Championships, which gained him a lot of attention from recruiters across the country.
Career
John gained a reputation as a football player at school and, after graduating with a degree in economics, John was drafted by the Baltimore Colts.
Elway was not interested in playing for the Baltimore Colts, as they were not even one of the richest NFL teams in the league.
He threatened to leave the NFL and pursue a career with the Yankees if he was not traded immediately and got his way.
Elway was traded to the Denver Broncos during the first round – a great decision as John soon became one of the best players on the team.
He even led the Broncos to the American Football Conference Championships, a first for the team in over ten years.
In 1997, the Broncos’ offense became the best in the NFL, thanks to John and he was credited as a pivotal factor in their success.
While a member of the Broncos, John played in five Super Bowls, two of which his team won – also breaking various records and becoming an international superstar.
John decided to retire as a football player in 1999 and then went on to open several businesses which thrived under his ownership.
His most successful enterprise was an automobile dealership that he opened in Denver during the 1990s, which eventually grew into an additional seven auto franchises.
Elway then decided to sell most of his stake in the auto dealership in 2001, resulting in him pocketing $82.5 million for his share.
John lost his father to a heart attack in 2001 and then the following year tragedy struck again with the loss of his twin sister Jana to lung cancer.
Currently, John spends more time with his family and coaches his beloved team, the Denver Broncos, which includes Von Miller, their outstanding linebacker.
John Elway’s Career Earnings
He has the reputation for being one of the greatest quarterbacks in NFL history, joining greats such as Joe Montana, Tom Brady, Sam Bradford, and Colin Kaepernick to name a few.
After his super-impressive career as a player, he went on to become a highly successful manager of the Denver Broncos with players like Bradley Chubb and Phillip Lindsay on his team.
John earned more than $45.5 million throughout his footballing career, but once he retired, his income was not public knowledge.
Following his return to the Broncos, he is reported to earn approximately $3 million per year as the CEO.
Most of John’s wealth originated from football, but he invested it wisely and generated an enormous income from his many well-run businesses.
John Elway’s Net Worth Annually
Following his exit from playing football, John Elway concentrated on being the best businessman he could be.
Through his network of contacts and being well-known from his footballing days, John was able to grow his car dealership business massively over the years.
He cashed out to the tune of $82.5 million and then re-joined his favorite team, the Broncos, first as a coach and then as CEO.
Currently, John Elway’s net worth in 2022 is estimated to be $145 million, which is a sizable increase over the years since his playing days.
Personal Life
John married Janet Buchan in 1984 and went on to have four children; Jordan, Jack, Jessica, and Juliana.
John’s father tragically passed away from a heart attack in 2001 which took a toll on John as he regarded his father as one of his best friends.
To make matters worse, his twin sister Jana passed away from lung cancer the following year and in the midst of all this tragedy, John’s wife left him in 2002 and the couple finalized their divorce in 2003.
John took time to focus on his family and stepped away from his work as he found that it was just causing stress all around him and he eventually started dating again and met cheerleader, Paige Green, whom he married in 2009.
You can follow John’s official Instagram account or official Twitter account to see what he’s getting up to now.
Awards & Achievements
Elway has won three Super Bowls with the Broncos, two as a player and one as an executive.
Here are some of the finest moments from John Elway’s career:
- John was inducted into the Pro Football of Fame in 2004.
- His alma mater, Granada Hills High School, renamed its football field in his honor in 1998.
- John was named the NFL’s Most Valuable Player as well as the Sporting News All-NFL team in 1987.
- In 1993, he was named AFC Offensive Most Valuable Player.
- John was awarded the Colorado Pro Athlete of the Year trophy by the Colorado Sports Hall of Fame in 1987.
In 1989, the Broncos reached Super Bowl XXIV but were defeated for the third time in Elway’s career.
It took eight years for the Broncos to return to the Super Bowl, but on January 25, 1998, Elway and the Broncos defeated the Green Bay Packers in Super Bowl XXXII.
How Does John Elway Spend His Money?
John is a major contributor and philanthropist for charities such as the Make-A-Wish Foundation and foundations that offer help to those facing child abuse.
He has a fantastic seven-bedroom home in Englewood which is valued at $5.81 million.
John took a leap of faith in investing in an automobile dealership, but it went on to become highly successful and profitable in the end.
He has owned some of the most expensive cars in the world and currently drives a Mercedes-Benz, S55 AMG.
Highlights
Elway appeared mediocre throughout his first three seasons as a quarterback until hitting his stride during the 1986 season.
By then, he was doing well for the Broncos, with them advancing to Super Bowl XXI before falling to one of the top NFL teams, the New York Giants.
Here are some of the best highlights of John Elway’s career:
- John was originally selected by the Baltimore Colts in the 1983 draft.
- He led the Broncos to their first Super Bowl win in Super Bowl XXXII in 1997.
- The New York Yankees selected John at the 1981 MLB Drafts, which resulted in John playing outfield for 42 games.
- John’s No.7 jersey was retired, and the Ring of Fame Committee honored John for his outstanding contributions to the team in 1999.
- During the first 16 seasons with the Broncos, John was selected to the Pro Bowl nine times, which was a record for the team.
Elway earned his first AFC Pro Bowl nomination and the NFL’s Most Valuable Player Award in 1987, his fifth season in the league.
The Broncos returned to the Super Bowl for the second time in a row but fell short of a victory.
Favorite John Elway Quotes
Elway, possibly the most popular and talented player in Bronco’s history, continues to play an important part in the Denver community through his company and philanthropy.
He will go down in history as one the richest athletes in the world and the Bronco’s most pivotal players in their Super Bowl quest.
Here are our favorite quotes from John Elway:
- “I’ve experienced the highest of highs and lowest of lows. I think to appreciate anything you must be at both ends of the spectrum.” – John Elway
- “Things have been done the hard way. I think you learn better when things are done the hard way.” – John Elway
- “You learn a lot more from the lows because it makes you pay attention to what you’re doing.” – John Elway
- “I always believe there’s a reason why you go through everything.” – John Elway
- “I was so lucky to walk away with two Super Bowls and know that the last year was positive.” – John Elway
3 Amazing Lessons From John Elway
Elway announced his retirement from the NFL after the 1998 season, completing his career in epic fashion by leading the Broncos back to the Super Bowl.
Now that you know all about John Elway’s net worth, here are some of the best success lessons to learn from John Elway:
1. Appreciate What You Have
John has always been humble about his career and accomplishments and greatly appreciates the opportunities that he has enjoyed.
He realized that it’s fine to have dreams and be ambitious, but one should also be happy with what you’ve got, especially your family.
2. Keep Moving Forward
Things may get tough, but it’s important to keep moving forward. John went through some rough patches in his career but always kept his momentum.
3. Learn Your Lessons
Through tough times, you get to learn valuable lessons that will help you cope with your life going forward.
But the most important part of going through the tough time is to learn your lessons and not ignore them, otherwise, you’ll end up repeating the lesson until you do.
Summary
John has created a legacy in the NFL and has proven his athletic abilities despite the tough times he faced.
After a great start in the NFL, Elway committed his life to football, first as a player and then as a manager and CEO.
He continues to do what he loves by coaching the team he always stood by and is not interested in living a luxurious life.
Elway has stepped down as general manager of the Broncos and fulfills the role of an outside consultant to the team that he has done so much for over the years.
As of March 2023, John Elway’s net worth is estimated to be $145 Million.
