Michael Carter Net Worth in 2024: How rich is the former Jets RB?

Know all about NFL running back Michael Carter’s impressive net worth, contracts, salaries, bonuses, endorsements and more.


Michael Carter Net Worth in 2024: How rich is the former Jets RB?

Michael Carter (credits: AP/ NY Jets)

NFL running back Michael Carter has been playing his third season in the league. The former Jets RB has just been waived by the franchise in the middle of the 2023 regular season and is currently a free agent. Amid all speculations regarding the player, exactly how much fortune has the 24-year-old made in his career and what is Michael Carter’s net worth in 2023?

Originally drafted by the New York Jets in the 2021 NFL Draft, Carter started his professional career with the franchise. Prior to his time in the NFL, the running back played collegiate football at the University of North Carolina for the North Carolina Tar Heels.

Carter declared for the NFL Draft in 2021 and has been playing running back for the Jets ever since. Currently, a free agent, exactly how much fortune has the talented RB made in his career to date? Here’s what you need to know about Michael Carter’s net worth in 2024.

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Michael Carter’s Net Worth

NFL Professional Michael Carter has an estimated net worth of about $1.5 million in 2024. The young running back was playing his third season in the league until being waived by the New York Jets on November 4, 2023. Carter was on his four-year rookie contract signed with the franchise in June 2021 before being waived.

Michael Carter
Michael Carter (via AP)

Over the last two seasons in the NFL, Michael Carter had made over $2 million in career earnings so far. Now a free agent, Carter will be looking to find a new harbor in the league and continue his professional career at the top tier of American football.

Contracts and Salary

Michael Carter signed a four-year contract worth $4,287,368 with the New York Jets in June 2021. The deal came with $807,368 guaranteed at signing and an average salary of $1,071,842 per annum.

Michael Carter
Michael Carter (via Instagram)

For the 2023 season, Carter was about to make $940,000 in base salary, with a cap hit value of $1,141,842 and dead cap set at $403,684. Michael Carter was in the third year of his four-year contract with the Jets at the time of being waived. The running back will be looking to find a new team as his journey with the Jets has seemingly ended.

Bonuses

Michael Carter signed his first NFL contract with the New York Jets that had a duration of four years. The rookie contract came with a signing bonus of $807,368 per Spotrac.

Michael Carter
Michael Carter (via Jets Wire)

The player has already received two installments worth $201,842 each over the last two seasons as a signing bonus. For the 2023 NFL season, Carter was set to receive $201,842 as the third installment of signing bonuses. The young RB will be looking to land more lucrative contracts with substantial signing bonuses given he is a free agent now.

Endorsements

Michael Carter is just playing his third season of professional football. Despite being relatively young on the gridiron, Carter has attracted a few endorsement deals.

Michael Carter
Michael Carter (via AP)

He has partnered with Cart3rsports which is a fashion and casual apparel brand. These endorsements also add to Michael Carter’s overall net worth.

FAQs

Q. Which franchise drafted Michael Carter in the NFL?

The New York Jets drafted Michael Carter in the 2021 NFL Draft.

Q. How old is Michael Carter?

Michael Carter is 24 years old.

Q. Which team does Michael Carter play for now?

Former Jets running back Michael Carter is a free agent now.

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