Kyler Murray Net Worth 2023, Contract Breakdowns, Cardinals keep Murray on PUP list, Salary, Career Earnings & Endorsements

Thu Aug,2023
Kyler Murray Net Worth 2023, Contract Breakdowns, Cardinals keep Murray on PUP list, Salary, Career Earnings & Endorsements American Football

Kyler Murray is an American football quarterback who plays for the Arizona Cardinals in the NFL. He shone at Oklahoma in college, winning the Heisman Trophy in his junior year. The Arizona Cardinals chose him first overall in the 2019 NFL Draft.

Besides football, he also played baseball for the Oklahoma Sooners and the Harwich Mariners in the Cape Cod Baseball League. In 2022, he made his NFL playoff debut in the Wild Card Round, although the Cardinals lost to the Los Angeles Rams. He's known for his versatile skills, excelling in throwing and running. 

Kyler Murray Net Worth & Salary Revealed

Kyler has already played 4 seasons with the Arizona Cardinals and has earned a total of over $60 Million, Kyler Murray enjoys a staggering net worth of $30 Million. Murray is set to earn a base salary of $2 Million this year and has earned a total of $965,000 in the year 2022. 

Kyler enjoying the time outside with his pet. Kyler relaxing in his free time with his pet.  SOURCE: Instagram- @k1

Kyler Murray makes his income mainly from playing football and baseball, his endorsements for brands, and working together with different sports clubs. His money comes from his sports skills, sponsorships, and well-paying agreements. 

Among financially successful athletes, notable names include Isaiah, Joe Flacco with $85 million,  Ndamukong Suh at $80 millionMatt Ryan with assets worth $70 million, and Deshaun Watson with a net worth of $50 million.

Kyler Murray Contract Breakdowns

Arizona Cardinals Contract:

2022 25 $965,000 $11,704,481
2023 26 $2,000,000 $5,807,000
2024 27  $37,000,000 $5,807,000
2025 28 $18,000,000 $5,807,000    
2026 29 $22,835,000     $5,807,000    
2027 30  $19,500,000 -
2028   $34,000,000     -

Source: Spotrac

Kyler Murray secured a substantial contract of $230.5 million over five years with the Arizona Cardinals. This agreement comes with a signing bonus of $29.035 million, $159.797 million guaranteed, and an average annual wage of $46.1 million. In 2023, he will receive a base salary of $2 million, a $36 million signing bonus, and a $1 million workout bonus. These figures contribute to a cap hit of $16.007 million and a dead cap value of $97.528 million.

Kyler is a dynamic athleteKyler while throwing football.  SOURCE: Instagram- @k1

Murray's contract is structured over several years, with varying salaries, bonuses, and guarantees. For instance, his 2022 earnings consist of a base salary of $965,000, and a signing bonus of $11.704 million, totaling $12.669 million. His 2023 figures encompass a $2 million base salary, a $5.807 million signing bonus, a $7.2 million option, and a $1 million workout bonus, resulting in a $16.007 million cap hit.

As the years progress, his earnings continue to fluctuate. In 2024, Murray will receive a significant $37 million base salary, a $5.807 million signing bonus, an $850,000 roster bonus, and a $1 million workout bonus, summing up to a $51.857 million cap hit.

The trend continues into 2025, 2026, and beyond, with varying salaries, bonuses, and incentives playing a pivotal role in his overall income structure. The contract's intricacies include substantial guarantees at specific points, such as $103.3 million guaranteed at signing and various bonuses tied to performance and roster participation. 

The Cardinals keep Kyler Murray on the PUP list

The Arizona Cardinals have put quarterback Kyler Murray on the physically unable to perform (PUP) list, meaning Kyler'll miss the first four games of the 2023 season due to a torn ACL in his right knee suffered last year. This list is for players who can't participate fully due to injuries, and they can return once they pass a physical exam.

Formation of the Cardinals Kyler during an intense match.  SOURCE: Instagram- @k1

Placing Murray on the PUP list is a precaution by the Cardinals, who want to ensure his full recovery and avoid rushing him back. The team has other quarterbacks like Colt McCoy, Josh Dobbs, and Clayton Tune to cover in his absence.

Murray is expected to be back for Week 5, after missing games against the Washington Commanders, Tennessee Titans, Green Bay Packers, and Dallas Cowboys. Although he was seen practicing earlier, the Cardinals are taking their time to ensure his knee heals properly and to prevent re-injury. The Cardinals are counting on Murray's return to his best form in 2023. 

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Kyler Murray Career Earnings: How much does Kyler Earn?

2019 Arizona Cardinals $24,119,294
2020 Arizona Cardinals $2,260,852
2021 Arizona Cardinals $3,866,240
2022 Arizona Cardinals $30,000,000
TOTAL CASH   $60,246,386

Source- Spotrac Career Earnings

Kyler Murray's journey to NFL stardom has been nothing short of spectacular. He burst onto the scene as a top-rated high school quarterback, guiding his team to three consecutive state championships. After starting at Texas A&M, he moved to Oklahoma and clinched the Heisman Trophy in 2018, driving his team to the College Football Playoff.

Kyler is a muscular guy Kyler is a buffed-up guy.  SOURCE: Instagram- @k1

The NFL beckoned, and Murray's impact was instant. Kyler was picked first overall by the Arizona Cardinals, he swiftly secured Pro Bowl spots in his first two seasons and earned the title of NFL Offensive Rookie of the Year in 2019. Under his leadership, the Cardinals reached the playoffs twice in three seasons, showcasing his prowess as a young quarterback. His journey began with high school triumphs, progressed through college achievements, and now, in the NFL, he's a force to be reckoned with.

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Kyler Murray Endorsement Deals and Sponsorships

Kyler Murray has partnered with several companies for endorsement deals and sponsorships. Some of his notable sponsors are:

  • Nike: In 2019, Murray joined forces with Nike through a significant endorsement deal. He can be seen in Nike commercials, wearing their clothing and footwear.
  • Body Armor: Murray is an ambassador for Body Armor, a role that involves him appearing in their commercials and on their social media platforms.
  • Perfect Hydration: He collaborates with Perfect Hydration, promoting their products on social media and during events.
  • Nissan: Murray represents Nissan as a brand ambassador, featuring in their commercials and on their social media channels.
  • Verizon: He's a partner with Verizon, using his influence to showcase their products and services on social media and at events.
  • Snickers: Snickers has partnered with Murray, showcasing him in their commercials and across their social media.
  • EA Sports: He's the cover athlete for the Madden NFL 23 video game and takes part in commercials and social media content for EA Sports.
  • Call of Duty: He's a partner for Call of Duty, appearing in their commercials and on their social media pages.
  • Panini: Murray has his own collection of trading cards with Panini, and he features in their commercials and on social media.

All these deals have brought Murray significant earnings, making him one of the most recognizable athletes globally. His marketability is exceptional, and it's likely that more endorsement deals will be on the horizon for him.