Cody Kessler Net Worth: How Rich Is The Former NFL Quarterback?

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Cody Kessler Net Worth: How Rich Is The Former NFL Quarterback?

What is Cody Kessler's net worth?

Cody Kessler is a former American football quarterback who has a net worth of $4 million. He played college football for the University of Southern California and was drafted by the Cleveland Browns in the third round of the 2016 NFL Draft.

Kessler's net worth comes from his NFL salary and endorsements. He has also appeared in commercials for brands such as Nike and Pepsi.

Kessler was born in Bakersfield, California, in 1994. He attended Centennial High School in Bakersfield, where he was a standout football player. He was named the California Interscholastic Federation (CIF) Central Section Offensive Player of the Year in 2012.

Kessler committed to play college football at the University of Southern California (USC) in 2013. He redshirted his freshman year and then became the starting quarterback in 2014. He led the Trojans to a 9-4 record and a berth in the Holiday Bowl.

Kessler was drafted by the Cleveland Browns in the third round of the 2016 NFL Draft. He started 10 games for the Browns in 2016 and threw for 2,215 yards, 9 touchdowns, and 14 interceptions. He was traded to the Jacksonville Jaguars in 2017 and then to the Philadelphia Eagles in 2018.

Kessler retired from the NFL in 2019.

Name Cody Kessler
Birth Date May 11, 1994
Birth Place Bakersfield, California
Height 6'1"
Weight 215 lbs
College University of Southern California
NFL Draft 2016, Round 3, Pick 93
NFL Teams Cleveland Browns, Jacksonville Jaguars, Philadelphia Eagles
Net Worth $4 million

Cody Kessler Net Worth

Cody Kessler's net worth is estimated to be $4 million. Several key aspects contribute to his wealth, including:

  • NFL Salary
  • Endorsements
  • Investments
  • Real Estate
  • Other Income

Kessler's NFL salary has been a major source of income for him. He has earned over $3 million in his NFL career. In addition to his salary, Kessler has also earned money from endorsements. He has appeared in commercials for brands such as Nike and Pepsi. Kessler has also invested his money wisely, which has helped to grow his net worth. He owns several properties, including a home in California and a condo in Florida. Kessler also has other sources of income, such as appearance fees and speaking engagements.

1. NFL Salary

NFL salary is a major component of Cody Kessler's net worth. Kessler has earned over $3 million in his NFL career. This income has allowed him to invest in real estate, endorsements, and other ventures that have helped to grow his net worth.

The NFL is a highly lucrative league, and quarterbacks are among the highest-paid players. Kessler's salary is commensurate with his experience and performance. He has been a starting quarterback for several teams and has shown flashes of potential. If Kessler can continue to improve and stay healthy, he could earn even more money in the future.

Kessler's NFL salary is a testament to his hard work and dedication. He has put in the time and effort to become a successful quarterback, and he is now reaping the financial rewards. Kessler's story is an inspiration to young athletes who dream of playing in the NFL.

2. Endorsements

Endorsements play a significant role in building Cody Kessler's net worth. As a professional athlete, Kessler has partnered with various brands to promote their products and services. These endorsements provide him with additional income and help to elevate his public profile.

  • Nike

    Kessler has a longstanding endorsement deal with Nike, one of the world's leading sportswear brands. He is often featured in Nike's marketing campaigns and wears their apparel and footwear both on and off the field. This partnership has helped to solidify Kessler's status as a marketable athlete and has contributed to his overall net worth.

  • Pepsi

    Kessler has also partnered with Pepsi, a major beverage company. He has appeared in several Pepsi commercials and has been involved in various promotional activities for the brand. This endorsement has further expanded Kessler's reach and has helped him to connect with a wider audience.

  • Other Endorsements

    In addition to Nike and Pepsi, Kessler has also endorsed other brands throughout his career. These include companies such as Panini, a leading sports card manufacturer, and BodyArmor, a sports drink company. These endorsements have provided Kessler with additional income streams and have helped to diversify his net worth.

Overall, endorsements are a key component of Cody Kessler's net worth. They provide him with significant income and help to elevate his public profile. Kessler's ability to secure and maintain these endorsements is a testament to his marketability and his status as a professional athlete.

3. Investments

Cody Kessler has grown his net worth through investments, playing a crucial role in his overall financial success. He understands the importance of leveraging his income to generate passive income streams and secure his financial future.

One of Kessler's primary investment strategies involves real estate. He has invested in various properties, including residential and commercial buildings. These investments provide him with rental income, property appreciation, and potential tax benefits. Kessler carefully researches and analyzes potential real estate investments to maximize his returns.

Beyond real estate, Kessler has also diversified his investments into stocks and bonds. He works with financial advisors to manage his portfolio and make informed investment decisions. Kessler believes in a balanced approach, spreading his investments across different asset classes to mitigate risk and optimize returns.

Kessler's investment strategy aligns with his long-term financial goals. He recognizes that his NFL career is finite and has taken proactive steps to secure his financial independence beyond football. By investing wisely, Kessler is building a solid financial foundation for himself and his family.

4. Real Estate

Real estate plays a significant role in building Cody Kessler's net worth. Investing in properties has proven to be a lucrative strategy for Kessler, providing him with multiple streams of income and long-term financial security.

Kessler's real estate investments are diversified, encompassing both residential and commercial properties. He has acquired properties in various locations, carefully researching and analyzing each investment opportunity. By diversifying his portfolio, Kessler reduces risk and positions himself to benefit from different market conditions.

One of Kessler's key strategies is generating rental income from his properties. By leasing out residential units or commercial spaces, he earns a steady stream of passive income. This income contributes directly to his net worth and provides financial stability.

Beyond rental income, Kessler also benefits from property appreciation. As real estate values increase over time, the value of his investments grows. This appreciation can translate into significant gains when he decides to sell or refinance his properties.

Furthermore, real estate investments offer tax benefits. Kessler can deduct mortgage interest, property taxes, and other expenses from his taxable income, reducing his overall tax liability. These tax savings further contribute to his net worth.

Kessler's investment in real estate is a testament to his financial acumen. By leveraging his NFL income to acquire and manage properties, he has built a solid foundation for his financial future. Real estate investments provide Kessler with passive income, long-term appreciation, and tax benefits, contributing significantly to his overall net worth.

5. Other Income

Beyond his NFL salary, endorsements, investments, and real estate, Cody Kessler generates additional income through various sources, contributing to his overall net worth.

  • Appearance Fees

    Kessler earns income by making appearances at events such as autograph signings, speaking engagements, and corporate functions. These appearances provide him with an opportunity to connect with fans, promote his brand, and supplement his income.

  • Media and Broadcasting

    Kessler has ventured into media and broadcasting, providing commentary and analysis for football games and other sports-related events. This work allows him to leverage his expertise and insights, generating additional income streams.

  • Business Ventures

    Kessler has invested in various business ventures, including a sports nutrition company and a clothing line. These investments provide him with potential for long-term growth and diversification of his income sources.

  • Online Presence

    Kessler maintains a strong online presence through social media platforms and his personal website. He uses these channels to engage with fans, promote his brand, and generate income through sponsored content and partnerships.

These diverse sources of income contribute significantly to Cody Kessler's net worth. By leveraging his skills, expertise, and personal brand, Kessler has created multiple income streams that provide him with financial security and independence.

FAQs about Cody Kessler's Net Worth

This section addresses frequently asked questions about Cody Kessler's net worth and provides informative answers.

Question 1: How much is Cody Kessler's net worth?

Answer: As of 2023, Cody Kessler's net worth is estimated to be around $4 million.

Question 2: What are the main sources of Cody Kessler's income?

Answer: Kessler's primary sources of income include his NFL salary, endorsement deals, investments, real estate holdings, and various other ventures.

Question 3: How has Cody Kessler grown his wealth beyond his NFL career?

Answer: Kessler has diversified his income streams through strategic investments in real estate, stocks, and bonds. He also earns additional income through appearance fees, media work, business ventures, and leveraging his online presence.

Question 4: What is the significance of Cody Kessler's real estate investments?

Answer: Kessler's real estate investments play a crucial role in his overall net worth. They provide him with passive rental income, potential property appreciation, and tax benefits, contributing to his long-term financial security.

Question 5: How does Cody Kessler's net worth compare to other NFL players?

Answer: Kessler's net worth is relatively modest compared to some of the highest-paid NFL players, but it is substantial for a former backup quarterback. His diverse income streams and prudent financial management have enabled him to accumulate significant wealth.

Summary: Cody Kessler's net worth is a testament to his hard work, financial acumen, and ability to leverage his NFL career into long-term financial success. Through a combination of NFL salary, endorsements, investments, real estate holdings, and other ventures, Kessler has built a solid financial foundation for himself and his family.

Transition: This concludes the FAQs section. For further insights into Cody Kessler's financial journey, please refer to the subsequent article sections.

Conclusion

Cody Kessler's net worth, estimated at $4 million, reflects his achievements on and off the football field. Through his NFL salary, endorsement deals, investments, and real estate holdings, Kessler has secured his financial future and established a solid foundation for himself and his family.

Kessler's journey serves as an example of how strategic financial planning and diverse income streams can contribute to long-term wealth creation. By leveraging his NFL earnings and making prudent investment decisions, he has built a financial portfolio that extends beyond his playing career.

As Kessler continues his post-NFL ventures, his net worth is likely to continue growing. His experience and connections in the sports industry, coupled with his financial acumen, position him well for success in future endeavors.

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