Matt Schaub Net Worth

Matt Schaub’s Net Worth: A Quarterback’s Financial Journey

Introduction: The Financial Success of Matt Schaub

Matt Schaub, a name familiar to football fans for his years under center, has amassed a significant net worth throughout his professional career. This article dives into the financial aspects of his life, exploring his net worth, career earnings, and the contracts that shaped his financial standing. Schaub’s journey from college football star to a seasoned NFL quarterback provides insight into the financial realities of a professional athlete.

Early Life and College Career: Building a Foundation

Born on June 25, 1981, in Pittsburgh, Pennsylvania, Matthew Schaub’s athletic journey began long before the NFL. During his high school years at West Chester East High School, he excelled in football, basketball, and baseball, demonstrating early versatility and athletic talent. His collegiate career took him to the University of Virginia, where he initially redshirted. Schaub later transferred to the University of Richmond for the 2002 season. This move proved pivotal as he secured the starting quarterback position, leading to a breakout year. In 2002, Schaub threw for 2,976 passing yards, 28 touchdowns, and only seven interceptions, showcasing his leadership and passing skills. His outstanding performance earned him the 2002 ACC Player of the Year and the 2002 ACC Offensive Player of the Year awards. He was also named First-Team All-ACC in 2002 and Second-Team All-ACC in 2003. His college career culminated in holding 22 school records, and the University of Virginia honored his achievements by retiring his No. 7 jersey. These early successes laid the groundwork for his professional aspirations and eventual NFL career.

NFL Career: Atlanta Falcons and Houston Texans

Matt Schaub’s NFL career began when he was drafted by the Atlanta Falcons in the third round (90th overall) of the 2004 NFL Draft. Initially a backup, he saw his first significant action in Week 16 of the 2004 season, stepping in for an injured Michael Vick against the New Orleans Saints. He played in six games during his rookie season, gaining valuable experience. In 2005, Schaub’s performance in the American Bowl preseason game in Tokyo, Japan, earned him the Most Valuable Player award. He led a comeback victory over the Indianapolis Colts, completing 11 of 13 passes for 117 yards and two touchdowns at the Tokyo Dome. In 2007, the Houston Texans acquired Schaub, trading second-round picks in 2007 and 2008, and swapping first-round picks. With David Carr released, Schaub became the Texans’ starting quarterback. His tenure with the Texans was marked by success, including Pro Bowl selections in 2009 and 2012. He led the NFL in passing yards in 2009. During the 2012 season, Schaub tied for the second-most passing yards in a single game with 527 yards. The Texans added DeAndre Hopkins in the 2013 draft to bolster the offense, but Schaub struggled due to injuries and performance issues during the season, signaling the beginning of the end of his successful run with the team.

Later NFL Career: Oakland Raiders, Baltimore Ravens, and Return to Atlanta

In 2014, Matt Schaub was traded to the Oakland Raiders. However, he was benched in favor of rookie Derek Carr, and was released in March 2015. He then signed with the Baltimore Ravens, serving as a backup for a season. Schaub’s NFL journey brought him back to the Atlanta Falcons, where he backed up Matt Ryan. His career ended with his retirement announcement in January 2021, concluding a 17-year NFL career.

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Contracts and Career Earnings: The Financial Details

Matt Schaub’s financial success in the NFL is reflected in his contracts and overall career earnings. In 2007, he signed a significant six-year, $48 million contract with the Houston Texans. In 2012, as he entered the final year of his initial contract, he agreed to a four-year, $62 million extension to remain with the team through 2016. This deal included an extra $1 million for playing in two games. In 2014, Schaub signed a two-year, $13.5 million contract with the Oakland Raiders. His final contract in the NFL was a two-year, $9 million deal with the Atlanta Falcons. Over his 17-year NFL career, Schaub earned more than $94.3 million in salary alone, showcasing his financial success.

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Matt Schaub Today: Life After Football

Since retiring from the NFL in 2021, Matt Schaub has transitioned to life after professional football. While specific details about his current endeavors are limited in the public domain, it’s likely he is enjoying time with his family, exploring new opportunities, or possibly involved in the business of sports. Schaub’s career earnings have provided a solid financial base for his post-football life, allowing him to pursue various interests and endeavors.

Conclusion: Reflecting on Matt Schaub’s Net Worth

Matt Schaub’s net worth, estimated at $40 million, reflects a successful 17-year career in the NFL. His journey from a promising college quarterback to a consistent starter and Pro Bowl selection underscores his skill, dedication, and financial acumen. His earnings from multiple contracts and his longevity in the league have allowed him to accumulate significant wealth. Matt Schaub’s story exemplifies the financial opportunities available to professional athletes and provides insight into the financial realities of a career in the NFL.