Let’s find out how much money Colt McCoy has. He’s known for playing football and people are curious about how well he’s doing financially. We’ll look at the important things that make up Colt McCoy’s money, like what he achieved in his football career and why his contributions matter in the money world.
How Much is Colt McCoy’s Net Worth?
It is estimated that Colt McCoy’s net worth is estimated to be $14 Million. He earned an estimated salary of $1.5 Million per year.
Colt McCoy is one of the most decorated college quarterbacks of all time and has earned his salary mostly as a backup quarterback in the National Football League for the Cleveland Browns, San Francisco 49ers, Washington Redskins, New York Giants and Arizona Cardinals.
Which Contracts Did Colt McCoy Sign in His Career?
Colt McCoy earned nearly $5 million over four years on his NFL rookie contract. The Washington Redskins then offered him a $9 million, three-year contract in 2016. The parties reached a deal in 2018 for a $6.5 million, two-year extension.
Colt McCoy has made almost $24 million in pay alone during his NFL career. As of yet, this much is known related to Colt McCoy’s earnings, below you will read about the struggles he did in his life.
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A Look at the Early Life of Colt McCoy
McCoy was born in New Mexico’s Hobbs. He is the oldest child of Steven Brad McCoy and Debra Kay (Woodruff) McCoy. His father served as his football coach at Tuscola, Texas’ Jim Ned High School. As a high school athlete, he was selected to the first-team all-state and won two Associated Press 2A Offensive MVP awards.
He completed 536 of 849 passes (63.1%) for 9,344 yards and 116 touchdowns during his career. He is ranked fourth overall in Texas high school history and as the all-time top passer in Division 2A history. As a sophomore and senior, McCoy also played punter at Jim Ned High School.
In addition, McCoy was playing free safety in his sophomore year. But his father decided to stop letting him play defense when he was hit by 215-pound Bangs High School running back Jacoby Jones (who should not be confused with the same-named wide receiver).
Jim Ned was 8-0 at the moment, but his season fell apart when McCoy missed the following two games because of a concussion. McCoy also competed against the San Augustine Wolves in the 2003 Texas 2A State Championship. Jim Ned was defeated 28–7.
When Did Colt McCoy Decide to Play Football?
Colt McCoy decided to play football for Mack Brown’s University of Texas. From 2006 to 2009, he was a four-year starter for the Longhorns and made team history by being the only player to win or share the MVP award for four consecutive years.
In 2006, he was voted the Alamo Bowl Offensive MVP and the Big 12 Offensive Freshman of the Year. In 2007, McCoy was voted the MVP of the Holiday Bowl Offensive; in 2008, he was awarded the Archie Griffin Award.
He has won the Walter Camp Award twice (2008) and was named to the First team of the American team in 2009 (both times). Additionally, McCoy served as a finalist in 2009 and received nominations for the Heisman Trophy in both 2008 and 2009.
During his most productive year, which ended in the Fiesta Bowl MVP, the Sporting News College Athlete of the Year, the Big 12 Offensive Player of the Year, the Johnny Unitas Golden Arm Award, the Chic Harley Award, the Manning Award, the Davey O’Brien Award and the Maxwell Award, he became the most successful quarterback in NCAA history with 45 career wins.
When Did Colt McCoy Start His NFL Journey?
Daniel “Colt” McCoy is an American football quarterback who is a free agent. Cleveland Browns selected Colt McCoy with the 85th overall choice in the third round of the 2010 NFL Draft. Following a few inconsistent seasons, he backed up first-round choice Brandon Weeden for the majority of 2012.
McCoy was dealt to the San Francisco 49ers in April 2013. In 2014, he signed a contract with the Washington Redskins, where he played until 2019. Colt McCoy joined the New York Giants in 2020 on a one-year deal to serve as Daniel Jones’ backup quarterback.
Additionally, McCoy signed a contract with the Arizona Cardinals in March 2021 to serve as Kyler Murray’s backup.
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