Bo Nix’s Net Worth in 2024: How rich is the Broncos QB?

Know all about the Denver Broncos rookie quarterback Bo Nix's impressive net worth, contracts, endorsement deals and more.

Bo Nix (Images via Instagram)

Denver Broncos rookie Bo Nix has drawn the limelight with his stellar performances. The former Auburn Tigers star has already made his place in the starting lineup. While his professional career is only getting started, Bo Nix has made an impressive fortune for himself from brand endorsements and player contracts.

Born February 25, 2000, Bo Nix grew up in Arkadelphia, Arkansans. Nix took to sports in his early childhood and played football throughout high school. His stellar career at Pinson Valley HS would eventually see him win Alabama’s Mr. Football Award.

Nix started his college career at Auburn University and played three seasons of college football for the Auburn Tigers. Nix transferred to Oregon in 2022 and played for the Oregon Ducks there. In fact, his NIL valuation was estimated to be $1.2 million last year. Drafted by the Denver Broncos in this year’s NFL draft, here’s what you need to know about Bo Nix’s net worth in 2024.

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Bo Nix’s net worth

NFL rookie Bo Nix has an estimated net worth of about $1.5 million in 2024. Freshly out of college football, the youngster has already made an impressive fortune for himself. The 24-year-old has inked a $18.6 million rookie contract with the Broncos following his NFL Draft.

However, his player salaries are not his only source of income. The youngster has partnered with multiple renowned outlets through NIL deals that help add to his total fortune. Some of his brand collabs include Bojangles, Celsius, Milo’s Tea and Topps among others.

Contracts and Salary

Bo Nix signed a four-year fully guaranteed contract with his team, worth $18,613,166 in May 2024. The contract comes with an annual average salary of $4,653,292, per Spotrac.

For the 2024-25 season, the rookie will make a base salary worth $795,000, while carrying a cap hit $3,384,212, and dead cap value of $18,613,166. The impressive contract comes with a signing bonus of $10,356,848.

The four-year contract has a team option for the 2028 NFL season. Nix will become a restricted free agent in 2029.

Endorsements

Bo Nix had signed a handful of NIL deals with renowned brands during his time at Auburn University. One of his significant endorsements is with Milo’s Tea Company, a well-known beverage brand. He has also collaborated with Topps, a leader in trading cards and collectibles.

Nix has signed an NIL deal with fitness drinks brand Celsius. Bojangles, a popular restaurant chain, has also offered an endorsement deal to Nix. Moreover, his partnership with Bose, a renowned audio technology company, also adds to Bo Nix’s overall net worth.