The Kansas City Chiefs are reportedly planning to terminate Chris Jones’ contract because of his…
In the summer of 2020, Kelce, a player who has been crucial to the Chiefs’ recent success, received a four-year, $57.25 million contract extension. According to NFL finance experts Spotrac, the contract, which he signed with two years remaining on his previous contract, will carry him through to the end of the 2025 season and have an average base salary of $14 million annually.
Spotrac reports that Kelce’s base salary for this season is an unprecedented $11.25 million, which is almost $2 million more than that of his closest rival, Hunter Henry of the New England Patriots. The only player who will make more money than Kelce in base salary the following season will be tight end George Kittle of the San Francisco 49ers, who is expected to earn $13.4 million from the California team.
According to Forbes magazine, Kelce’s estimated net worth is $40 million, which he accrues from endorsement deals with brands like Nike, McDonald’s, State Farm, and Bud Light, on top of his earnings from Kansas City.
Additionally, the 34-year-old’s marketing fame is growing as a result of his well-publicized romance with pop sensation Taylor Swift. For instance, after Swift was first spotted with her boyfriend at an NFL game, sales of Kelce’s No. 87 Chiefs jersey skyrocketed by 400%, according to an AP story from September.
Despite Kelce’s substantial net worth, Swift’s enormous wealth makes it appear positively tiny. According to Forbes, the 34-year-old singer who has won 14 Grammy Awards is currently valued at $1.1 billion.
