Montez Sweat Net Worth in 2024: How rich is the Bears DE?
Know all about Chicago Bears defensive end Montez Sweat’s impressive net worth, contracts, bonuses, endorsements, and more.
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Chicago Bears’ defensive end Montez Sweat (credits: Instagram, Imago)
The Chicago Bears defensive end, Montez Sweat, is nowing his fifth season in the league. Since being drafted in 2019, Sweat has substantially upped his game and is now embarking on a new journey in his NFL career. Amid all speculations regarding the player, exactly how much fortune has the 27-year-old made to date, and what is Montez Sweat’s net worth in 2023?
Originally drafted by the Washington Redskins in the 2019 NFL Draft, Sweat started his professional career with the franchise. He would go on to play the first four seasons of his career with the Washington-based team before eventually being traded to the Chicago Bears in October 2023.
Now about to start a new journey in the NFL, the young defensive end will be looking to prove himself for his new team. But exactly how much fortune has the talented DE made in his career to date? Here’s what you need to know about Montez Sweat’s net worth in 2023.
Montez Sweat’s Net Worth
NFL professional Montez Sweat has an estimated net worth of about $1-5 million in 2023. The young defensive end has already made an impressive fortune for himself from his playing career in the NFL. Having just signed a lucrative $98 million contract with the Chicago Bears, Sweat will see his stocks climb substantially in the coming years.
Besides player contracts and NFL salaries, the defensive end has also partnered with renowned brands over the years. Old Spice and Adidas, among others, have offered endorsement deals to the player. These brand endorsements have also significantly added to Montez Sweat’s overall net worth.
Contracts and Salary
Montez Sweat signed a four-year contract worth $98,000,000 with the Chicago Bears on November 4, 2023. The lucrative contract comes with $41,964,888 guaranteed at signing and an average salary of $20,426,000 per year.
The deal could go up to $105 million over the course of the four years with incentives and roster bonuses. For the 2023 season, Sweat will be making a base salary of $638,889 with a cap hit value of $4,724,088 and a dead cap worth $21,064,889.
The four-year contract will see Montez Sweat continue with the franchise until the end of the 2027 NFL season. The defensive end will become an unrestricted free agent in 2028.
Previously, Sweat had signed a four-year contract with the Washington Redskins worth $11,641,260. Compared to his previous contract, the four-year extension will see Montez Sweat’s financial standing rise substantially in the coming seasons.
Bonuses
Montez Stewart has also made a substantial portion of his fortune from signing bonuses and roster bonuses. His current contract with the Chicago Bears came with a signing bonus worth $20,426,000.
For the 2023 season, Sweat will earn $4,085,200 as part of the signing bonus. In his previous contract with the Washington Redskins, the defensive end received a total of $6,486,372 in signing bonuses.
Endorsements
Owing to his popularity, Montez Sweat has received a handful of endorsement offers from renowned outlets. He has partnered with Old Spice, a renowned brand in personal care and grooming.
Sweat has also signed an endorsement deal with Adidas, a global leader in sports apparel and footwear. Montez Sweat’s partnerships and endorsement deals have also substantially added to his overall net worth.
FAQs
The then-Washington Redskins drafted Montez Sweat in the 2019 NFL Draft.
Montez Sweat is 27 years old.
Montez Sweat plays for the Chicago Bears in the NFL.
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Anjum Ash.
(521 Articles Published)