Is Carson Palmer's net worth really $95 million dollars?

Carson Palmer

Carson Hilton Palmer is a former American football quarterback who played in the National Football League for 15 seasons, primarily with the Cincinnati Bengals and Arizona Cardinals. In 2022, Carson Palmer's net worth is estimated to be $95 million dollars.

March 29, 2022

Words by Matthew Taylor

Carson Hilton Palmer is a former American football quarterback who played in the National Football League for 15 seasons. He played college football at USC where he won the Heisman Trophy in 2002. The first overall pick in the 2003 NFL Draft, Palmer was chosen by the Cincinnati Bengals, for whom he played eight seasons. During his tenure in Cincinnati, he helped lead the team to its first winning season and playoff appearance in 15 years and was named to two Pro Bowls. Amid declining success and conflicts with Bengals ownership, Palmer was traded to the Oakland Raiders, where he played two seasons before joining Arizona. With the Cardinals, Palmer resumed the high level play he had been accustomed to earlier in his career. He enjoyed his most successful year in 2015, aiding the Cardinals in reaching the NFC Championship Game and being named to his third Pro Bowl, in addition to being a second-team All-Pro. Palmer retired following the 2017 regular season after spending much of the year on injured reserve.

The average salary for athletes in the United States is around $49,143 per year. Not however, if you play in the NBA where the average salary is projected to be around $8 million this year. Even then, though, earnings vary greatly. While some of the top players (we’re looking at you, Stephen Curry) earned over $45 million last year, others didn’t even reach the million-dollar mark.

All sports aren’t created equal though and basketball doesn’t even make the top five highest earning sports. Ice hockey, tennis and soccer stars round out the top three, with athletes in those sports able to build a huge amount of wealth from their appearance fees alone.

Still, there’s always ways for athletes to increase their earnings. UFC fighter Conor McGregor managed to be the top earning athlete in 2021, but a sizeable amount of his income was due the sale of his majority stake in Irish whiskey distiller Proper No. Twelve. However, opportunities for athletes go well beyond business deals.

As is the case with actors, musicians and other celebrities, the golden ticket to building an athlete’s net worth tends to lie in endorsements, sponsorships and selling their name (and often photos) wherever they can. Athletes have to be careful about what they do and say though… more than a few athletes have lost their product endorsements and been dropped by a brand over a scandal or unwise comment.

Carson Palmer

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