American football quarterback Philip Michael Rivers plays for professional American football team San Diego Chargers of the National Football League (NFL). Philip, who started playing football in the year 2014 at NC State, was later traded to NFL Draft whereby he was transferred to Los Angeles Chargers.
Rivers has managed to earn tremendous net worth from his career. We will help you to find more about his salary, and assets. Stay along with us.
At present, Philip enjoys a huge net worth of $50 million. Philip has been able to accumulate this worth mostly from his career as a football quarterback. He is paid a salary of $10.2 million for his games with San Diego Chargers.
Back in the year 2016, he was worth $38 Million. His net worth has drastically risen up in these years with his involvement in various plays for San Diego Chargers. Philip's fortune has seen a hike of 210% over the past few years.
Video: Philip Rivers' Net Worth and Salary
In the year 2009, Philip signed a six-year contract with the team worth $92 million. His contract was over by the year 2015. Further, the contract was extended for four years with an amount of $84 million in 2015.
Philip has managed to earn $173 million in 13 National Football League(NFL).
Philip is ranked 20th as The World’s Highest Paid Athletes-2016. Besides his earnings from his games, Philip also earns from his endorsement deals with companies like Advocare.
It is assumed that he earns a sum of $0.5 million from his endorsement deal with the company. Philip also has an investment of $85 million which also helps him to earn even more further enhancing his net worth.
Currently, Philip resides at San Diego, California. He purchased his San Diego home in the year 2009 for the worth of $3,299,000.
Describing his house, it consists of six bedrooms, six full baths and one half along with the facilities like courtyard with a fountain, built-in BBQ, outdoor fireplace, swimming pool with a waterfall & spa, library, media room and a full bar. The house is worth $5.68 million at present.
Philip has also 8- acre parcel in Rancho Santa Fe, which he bought up in the year 2016 at a price of $4.7 million. He enlisted his very property for sale on July 18, 2018, for a total of $5.299 million. The property is 40 large-lot estates with a gated community.
The rich quarterback also owns wide varieties of cars. He has 12 collection of luxurious cars which is worth $5 million in total. The car brand owned by River is Corvette, Ferrari, Cadillac, Audi and Range Rover.
Besides this, he also owns a luxurious private mobile office on wheels. The vehicle which is worth $200,000 includes two seats, a 40-inch screen, WiFi, refrigerator and satellite TV.
In the coming years, Philip’s net worth is likely to increase by 300% considered as per the number of games he participates on an average.
We wish him a successful career.