How much is Terrell Owens worth?
|Net Worth:||$500 Thousand|
|Profession:||Professional NFL Player|
|Date of Birth:||December 7, 1973|
|Country:||United States of America|
About Terrell Owens
Terrell Owens is an iconic retired professional American football player who played the wide receiver position in the NFL. Born in Alexander City, Alabama, the 6’3″, 224 lb Owens enjoyed a stellar career. He was inducted into the NFL Hall of Fame in 2018.
A natural-born, supremely gifted athlete, Terrell Owens was raised by his mother and grandmother. He loved watching football on Sunday’s, especially games with his idol Jerry Rice on the field. Owens wanted to play sports as a kid, but his grandmother forbid him from participating in organized sports until high school.
Owens grew up alongside his brother and two sisters, of whom his grandmother was also protective of. So much so, Terrell and his siblings were not allowed to leave the yard to play with other kids and had to stay home.
At Benjamin Russell High School, Owens was a star athlete. He played basketball, baseball, football, and ran track for the Wildcats. If he was unable to make it to the NFL, “T.O.” likely could have been a professional basketball player.
During his high school sports career, he became a starter on the varsity basketball team before the football team. As coincidence would have it, it was when a teammate was taken sick that Owens had his chance to start in football his junior year. After starring at the University of Tennessee at Chattanooga, Owens was drafted by the San Francisco 49ers in 1996. He was taken with the 89th pick in the third round of the 1996 draft.
While he earned over $80 million during his football career, unfortunately he couldn’t hold on to it. We calculate today, Terrell Owens has a net worth of less than $500 thousand dollars as of 2020.
How did Terrell Owens originally get rich?
Aside from minor earnings from TV appearances like Celebrity Apprentice and Celebrity Wife Swap, which earned him about $70,000 dollars, all of Terrell Owens earnings came from playing in the NFL.
Terrell Owens played 16 seasons in the league with the 49ers, Eagles, Cowboys, Bills, Bengals, and the Seahawks. The athletically blessed wide out’s career started to take flight after the 97′ season. Following an underwhelming first two NFL seasons, Owens made 67 receptions for 1097 yards and 14 touchdowns in 98′.
The San Francisco 49ers rewarded Owens’ stellar play with a 5-year, $23 million contract before the 99′ season. Terrell would continue to improve his performance on the field to justify the deal. After a disappointing 99′ season (60 rec., 754 yds., and 4 td’s), his production soared through the roof. Owens went on to earn three consecutive First-Team All-Pro selections from 00′-02′.
It was with the Dallas Cowboys that Terrell Owens made much of his money. “America’s Team” signed Owens’ to a 3-year, $34 million contract in 06′. While not a lucrative deal for a superstar NFL wide receiver by today’s standards, it was a record-breaking deal at the time.
Although Owens NFL career earnings surpass an estimated $80 million, he had difficulties managing his money. The Hall of Famer frequently made outlandish purchases that were not sound financial decisions. T.O. expressed his best money managing advice to the young, star NFL players in a 2017 interview with NerdWallet with published findings on Business Insider.
“I really wanted to be like everybody else. When I would see the veteran players with the Mercedes and flashy jewelry, I got sucked into wanting that too.” Owens told the Business Insider in 2017.
Terrell Owens 2020 net worth could be as low as $100k, yet based on our calculations it looks closer to $400-$500k. As Owens had trouble budgeting his career earnings, his agents also struggled to secure him deals. In an effort to qualify for unrestricted free agency in 01′, Owens agent missed the deadline to void the final 3 years of his contract. At the peak of his career, Owens was ready to land a massive new contract. Unfortunately, it never happened.
Why is he so famous?
In a sport that requires player’s faces to be covered by masks, its less common to gain celebrity status. Unlike basketball, baseball, and soccer, football players aren’t as easily recognized because their likeness is covered during games. The general public receives more exposure to other major sports stars since they can recognize their image more clearly.
In Terrell Owens’ case, he accumulated more fame than other great NFL players due to his outgoing personality. T.O.’s legendary play on the field didn’t hurt, but the bold touchdown celebrations largely propelled his NFL fame.
While it’s customary for players to spike the ball after reaching the endzone, Owens’ was more creative and brash. Instead of traditional celebrations, Terrell did things like pull sharpies out of his socks and autograph the ball. He became popular for unique touchdown dances that brought added entertainment value to the game.
His bright, charismatic smile as well as his superb communication skills also contributed to his increased fame. Some star athletes have a knack for providing the media with exciting answers and noteworthy comments during interviews, T.O. definitely falls into this category.
People tend to gravitate toward confidence. It results in more publicity if the confidence is borderline arrogance. Terrell Owens’ never had a fear of speaking his mind throughout his career. T.O. made waves as a member of the Philadelphia Eagles when he told reporters the team should “Give me the damn ball!”
What makes him so successful?
His humble beginnings and stern, protective upbringing likely motivated Owens towards stardom. Coming from a small town in Alabama, Terrell Owens probably felt success was his only option.
Watching Jerry Rice, arguably the greatest NFL receiver of all time created his dream of making it into the NFL. While millions of kids fantasize about going pro, for 99 percent of them, the dream is unattainable. Whether they lack the height, speed, athletic ability, or work ethic, something prevents them from realizing their goal.
Terrell Owens was blessed with every attribute needed to be a star player in the NFL. In addition to being genetically gifted, he worked hard at his craft and strived for perfection. Even though he clashed with teammates and coaches throughout his career, he still had excellent relationships to promote success.
In terms of career statistics, Terrell Owens is one of the greatest wide receivers of all time. He ranks third in career total yards (15,394) and touchdowns (153). Although he didn’t win a Super Bowl in 16 seasons, the gold jacket he earned is the epitome of NFL success.
The professional career of Terrell Owens was nothing short of amazing. His flamboyant style and attitude made him a controversial NFL superstar. Owens changed the game and paved the way for younger generations of elite wideouts.
How did Terrell Owens get rich and famous becomes obvious—T.O. is the equivalent of the NFL’s MC Hammer in regards to blowing through a huge amount of earnings. His creative celebrations made him more famous on the field, and his appearances on shows like Celebrity Apprentice and Celebrity Wife Swap made him familiar to the public.
If there is a lesson to learn here, its to NEVER live beyond your means. Also, its smart to not obsess too much over material possessions or trying one-up somebody else. Terrell Owens is clearly a great person with a lot of talent, yet if you earn $80 million dollars over your career, even if you party hard you should still be able to hold on to at least half of it.