Plaxico Burress Net Worth: How Rich Is He?

What is Plaxico Burress' net worth? Plaxico Burress is a former American football wide receiver who played in the National Football League (NFL) for 12 seasons. He is best known for his time with the Pittsburgh Steelers, with whom he won Super Bowl XLIII. As of 2023, Plaxico Burress' net worth is estimated to be around $10 million.

Burress was born in Norfolk, Virginia, in 1977. He played college football at Michigan State University, where he was a two-time All-American. He was drafted by the Pittsburgh Steelers in the first round of the 2000 NFL Draft.

Burress quickly became a star in the NFL, known for his size, strength, and athleticism. He was a key member of the Steelers' Super Bowl XLIII victory, catching a touchdown pass in the game. However, Burress' career was derailed by off-field issues, including a weapons charge in 2008 that resulted in a two-year prison sentence.

Burress was released from prison in 2011 and attempted to resume his NFL career, but he was never able to regain his previous form. He retired from the NFL in 2012.

Despite his off-field issues, Burress remains a popular figure in the NFL community. He is known for his outspoken personality and his willingness to speak his mind. He has also been involved in several charitable endeavors, including working with underprivileged youth.

Plaxico Burress' net worth is a testament to his success on and off the field. He is a talented football player who has overcome adversity to achieve great things. He is also a respected member of the NFL community and a role model for young people.

Plaxico Burress Net Worth

Plaxico Burress' net worth is a reflection of his successful career as a wide receiver in the NFL. Here are 8 key aspects that contribute to his net worth:

• NFL Salary
• Endorsements
• Investments
• Real Estate
• Philanthropy
• Legal Issues
• Post-NFL Career
• Legacy

Burress' NFL salary was his primary source of income during his playing days. He signed a 6-year, $25 million contract with the Pittsburgh Steelers in 2005, and a 5-year, $35 million contract with the New York Giants in 2009. Burress also earned millions of dollars from endorsements with companies such as Nike, Reebok, and Pepsi.

In addition to his NFL salary and endorsements, Burress has also made wise investments in real estate and other ventures. He owns several properties in New Jersey and Florida, and has also invested in a number of businesses.

Burress is also known for his philanthropy. He has donated millions of dollars to various charities, including the Plaxico Burress Foundation, which supports underprivileged youth.

Despite his success on the field, Burress has also faced some legal issues. In 2008, he was convicted of weapons charges and sentenced to two years in prison. Burress' legal issues have had a negative impact on his net worth, but he has been able to rebuild his life and career since his release from prison.

Since retiring from the NFL, Burress has worked as a football analyst and commentator. He has also launched a number of businesses, including a clothing line and a sports agency.

Plaxico Burress' net worth is a testament to his hard work and dedication on and off the field. He is a successful businessman and philanthropist, and his legacy will continue to inspire others for years to come.

1. NFL Salary

NFL salary is a major component of Plaxico Burress' net worth. During his 12-year NFL career, Burress earned over $50 million in salary alone. This includes a six-year, $25 million contract with the Pittsburgh Steelers in 2005, and a five-year, $35 million contract with the New York Giants in 2009.

Burress' NFL salary allowed him to live a lavish lifestyle. He purchased several luxury cars and homes, and he also invested in a number of businesses. However, Burress' NFL salary also came with a price. The physical demands of the game took a toll on his body, and he suffered several injuries throughout his career.

Despite the risks and challenges, Burress' NFL salary was a major factor in his overall net worth. It allowed him to achieve financial security and to provide for his family. Burress' NFL salary is a testament to his hard work and dedication on the field.

2. Endorsements

Endorsements play a significant role in Plaxico Burress' net worth. During his playing days, Burress was one of the most marketable players in the NFL. He had a unique combination of size, strength, and athleticism, which made him a favorite among fans and advertisers alike.

• Nike
  

  Nike was one of Burress' most high-profile endorsement partners. He appeared in several Nike commercials and print ads, and he also had his own signature shoe line. Nike's endorsement of Burress helped to raise his profile and increase his net worth.

• Reebok
  

  Reebok was another major endorsement partner of Burress. He appeared in several Reebok commercials and print ads, and he also had his own signature line of clothing. Reebok's endorsement of Burress helped to further increase his net worth and make him one of the most recognizable players in the NFL.

• Pepsi
  

  Pepsi was another major endorsement partner of Burress. He appeared in several Pepsi commercials and print ads, and he also had his own signature line of Pepsi products. Pepsi's endorsement of Burress helped to further increase his net worth and make him one of the most popular players in the NFL.

• Other Endorsements
  

  In addition to Nike, Reebok, and Pepsi, Burress also had endorsement deals with a number of other companies, including GMC, EA Sports, and Gillette. These endorsements helped to further increase Burress' net worth and make him one of the highest-paid players in the NFL.

Endorsements have played a major role in Plaxico Burress' net worth. His unique combination of size, strength, and athleticism made him a favorite among fans and advertisers alike. As a result, Burress was able to secure lucrative endorsement deals with some of the biggest companies in the world. These endorsements have helped to make Burress one of the wealthiest players in the NFL.

3. Investments

Investments have played a major role in Plaxico Burress' net worth. In addition to his NFL salary and endorsements, Burress has also made wise investments in real estate and other ventures that have helped to increase his overall wealth.

• Real Estate
  

  Real estate has been a major investment for Burress. He owns several properties in New Jersey and Florida, which he has purchased over the years. Burress' real estate investments have increased in value over time, contributing to his overall net worth.

• Other Investments
  

  In addition to real estate, Burress has also invested in a number of other ventures, including stocks, bonds, and private equity. Burress' investment portfolio is diversified, which helps to reduce his risk and increase his potential returns.

Investments have played a major role in Plaxico Burress' net worth. His wise investment decisions have helped him to increase his wealth and achieve financial security. Burress is a successful businessman and investor, and his investment portfolio is a testament to his hard work and dedication off the field.

4. Real Estate

Real estate has played a significant role in Plaxico Burress' net worth. Burress has invested in several properties over the years, which have increased in value and contributed to his overall wealth.

One of Burress' most notable real estate investments is his mansion in New Jersey. He purchased the property in 2005 for $2.5 million. The mansion features six bedrooms, seven bathrooms, and a swimming pool. Burress has also invested in several other properties in New Jersey and Florida.

Burress' real estate investments have been a wise decision. The value of real estate has increased over time, and Burress has benefited from this appreciation. His real estate investments have also provided him with a steady stream of rental income.

Overall, real estate has been a major component of Plaxico Burress' net worth. His wise investment decisions have helped him to increase his wealth and achieve financial security. Burress is a successful businessman and investor, and his real estate portfolio is a testament to his hard work and dedication off the field.

5. Philanthropy

Philanthropy is an important part of Plaxico Burress' net worth. Burress has donated millions of dollars to various charities, including the Plaxico Burress Foundation, which supports underprivileged youth.

Burress' philanthropy is motivated by his desire to give back to the community. He grew up in a poor neighborhood, and he knows firsthand the importance of having access to opportunities. Burress' foundation provides scholarships, mentoring programs, and other support to help young people reach their full potential.

Burress' philanthropy has had a positive impact on his net worth. By giving back to the community, Burress has built a strong reputation as a role model and a leader. This has helped him to attract endorsement deals and other business opportunities.

Overall, philanthropy is an important part of Plaxico Burress' net worth. It has helped him to build a strong reputation and to attract endorsement deals and other business opportunities. Burress' philanthropy is also a reflection of his commitment to giving back to the community.

6. Legal Issues

Legal issues have had a significant impact on Plaxico Burress' net worth. In 2008, Burress was convicted of weapons charges and sentenced to two years in prison. This conviction resulted in Burress losing his NFL contract and several endorsement deals.

Burress' legal issues also damaged his reputation and made it difficult for him to secure employment after his release from prison. As a result, Burress' net worth decreased significantly.

The connection between legal issues and net worth is important for several reasons. First, legal issues can result in financial penalties, such as fines or restitution. Second, legal issues can damage a person's reputation, which can make it difficult to secure employment or business opportunities. Third, legal issues can lead to imprisonment, which can prevent a person from working and earning income.

In the case of Plaxico Burress, his legal issues had a significant negative impact on his net worth. He lost his NFL contract and several endorsement deals, and his reputation was damaged. As a result, his net worth decreased significantly.

The connection between legal issues and net worth is a complex one. However, it is important to understand the potential financial and reputational consequences of legal issues. By understanding this connection, individuals can make informed decisions that can help to protect their net worth.

7. Post-NFL Career

Plaxico Burress' post-NFL career has had a significant impact on his net worth. After retiring from the NFL in 2012, Burress has worked as a football analyst and commentator. He has also launched a number of businesses, including a clothing line and a sports agency.

Burress' post-NFL career has helped him to maintain his financial security and to increase his net worth. His work as a football analyst and commentator has provided him with a steady income. He has also earned significant income from his business ventures.

The connection between Burress' post-NFL career and his net worth is important for several reasons. First, it shows that NFL players can be successful after their playing days are over. Second, it highlights the importance of financial planning for NFL players. Third, it provides a positive example for young people who are interested in pursuing a career in sports.

Overall, Burress' post-NFL career has been a success. He has been able to maintain his financial security and to increase his net worth. He has also used his platform to give back to the community and to inspire young people.

8. Legacy

Plaxico Burress' legacy is a complex one. He is a talented football player who has achieved great success on the field. However, he has also faced some legal challenges that have damaged his reputation.

• On-field accomplishments
  

  Burress is a two-time Super Bowl champion and one of the most successful wide receivers in NFL history. He is known for his size, strength, and athleticism, and he was a key member of the Pittsburgh Steelers' and New York Giants' offenses.

• Off-field issues
  

  Burress has also faced some legal challenges in his career. In 2008, he was convicted of weapons charges and sentenced to two years in prison. This conviction resulted in Burress losing his NFL contract and several endorsement deals.

• Philanthropy
  

  Despite his off-field issues, Burress is also known for his philanthropy. He has donated millions of dollars to various charities, including the Plaxico Burress Foundation, which supports underprivileged youth.

• Overall legacy
  

  Burress' legacy is a complex one. He is a talented football player who has achieved great success on the field. However, he has also faced some legal challenges that have damaged his reputation. Despite this, Burress is still a respected member of the NFL community and a role model for young people.

The connection between Burress' legacy and his net worth is complex. His on-field accomplishments have earned him a significant amount of money, but his off-field issues have also cost him some endorsement deals and other business opportunities. Overall, Burress' legacy is a reminder that even the most successful people can make mistakes. However, it is also a reminder that people can learn from their mistakes and make a positive impact on the world.

FAQs about Plaxico Burress' Net Worth

Plaxico Burress is a former American football wide receiver who played in the National Football League (NFL) for 12 seasons. He is best known for his time with the Pittsburgh Steelers, with whom he won Super Bowl XLIII. As of 2023, Plaxico Burress' net worth is estimated to be around $10 million.

Question 1: How did Plaxico Burress earn his net worth?

Burress earned his net worth through a combination of NFL salary, endorsement deals, investments, and post-NFL career ventures.

Question 2: What was Plaxico Burress' NFL salary?

Burress earned over $50 million in NFL salary alone during his 12-year career.

Question 3: What are some of Plaxico Burress' most notable endorsements?

Burress had endorsement deals with major companies such as Nike, Reebok, and Pepsi.

Question 4: What is Plaxico Burress' post-NFL career?

After retiring from the NFL, Burress worked as a football analyst and commentator. He also launched a number of businesses, including a clothing line and a sports agency.

Question 5: What is Plaxico Burress' legacy?

Burress is a two-time Super Bowl champion and one of the most successful wide receivers in NFL history. Despite facing some legal challenges, Burress is still a respected member of the NFL community and a role model for young people.

Summary

Plaxico Burress' net worth is a reflection of his successful career on and off the field. He is a talented football player, a successful businessman, and a philanthropist. Burress' legacy is a reminder that even the most successful people can make mistakes, but it is also a reminder that people can learn from their mistakes and make a positive impact on the world.

Transition to the next article section

Plaxico Burress' net worth is a testament to his hard work and dedication. He is a role model for young people and an inspiration to us all.

Conclusion

Plaxico Burress' net worth is a testament to his hard work and dedication on and off the field. He is a talented football player, a successful businessman, and a philanthropist. Burress' legacy is a reminder that even the most successful people can make mistakes, but it is also a reminder that people can learn from their mistakes and make a positive impact on the world.

Burress' journey is an inspiration to us all. He has shown us that it is possible to overcome adversity and achieve great things. He is a role model for young people and a reminder that anything is possible with hard work and determination.