Tua Tagovailoa, the rising star of the Miami Dolphins who serves as the quarterback for the team is having yet another spectacular season, and his fifth-year contract extension is proof of the faith and commitment the Dolphins have in him.
Let’s break down all of his financial details including his net worth, original contract, and new contract including his annual salary for 2024. So, what is Tua Tagovailoa’s net worth? Keep reading to find out.
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Tua Tagovailoa’s Net Worth in 2024
Tua Tagovailoa’s net worth is estimated to be around $5 million as of 2024, but it is expected to rise and see a sudden rush due to his one-year contract extension with the Dolphins. This high net worth is attributed to his football salary, endorsements, investments, and other business ventures. Let’s break it down
Full Name | Tuanigamanuolepola Donny Tagovailoa |
Net Worth | $5 million |
Contract | $30,275,438 over 4 year period |
Annual Salary | $7,568,860 on average |
Endorsements | Bose, Gatorade, Adidas and much more |
Real Estate | Lakefront home in Davie, Florida |
Cars | BMW I8 and Ford Flex SUV |
How Much Does Tua Tagovailoa Make In A Year?
As per his NFL contract with the Dolphins, Tua Tagovailoa makes on average an annual salary of $7,568,860. However, his net annual income is likely to be higher due to additional sources of income from partnerships, endorsements, and other investments.
Additionally, after signing a contract extension with the Dolphins for the fifth year he is guaranteed to make a $23.17 million salary for the 2024 season as per the new terms of the deal.
Tua Tagovailoa’s Sources Of Income
Being the rising star of a big market team like the Miami Dolphins, Tua has added multiple sources of income to his to diversify his finances. His diverse sources of income include his NFL salary and brand endorsements. He also makes a significant passive income from investments in financial instruments, real estate, and business ventures. He has a diverse portfolio and is very conscious about how he spends his money. He doesn’t even touch his NFL salary and plans to live directly off of his endorsement deals
Tua Tagovailoa’s Endorsement Deals
Tua Tagovailoa, the Miami Dolphins quarterback, has quickly become a hot commodity in the endorsement world. Even before he was drafted by the NFL he was signed by Adidas. This multi-year deal includes footwear, apparel, and potential signature lines in the future.
Since then he has signed deals with top-tier brands including Activision, Bose, Hulu, Wingstop, Gatorade, Perry Ellis, and Muscle Milk.
Business And Real Estate Investments
Tua has also invested in several residential real estate in multiple locations like Alabama, Miami, and Hawaii. At a young age, he is very financially secure and keeps on looking for new opportunities to invest and generate multiple passive incomes. To grow his wealth even further he also holds a diverse portfolio of high-dividend paying stocks to create a snowball effect.
On top of that, he is also an evangelical Christian who believes in giving back to the community and the ones in need and has also established the Tua Foundation, a non-profit that is dedicated to supporting youth wellness and health initiatives and other charitable causes like funding scholarships for underprivileged kids in Hawaii.
Conclusion
As we mentioned before, Tua Tagovailoa is the new hot commodity on and off the field. If he keeps performing at the pace he has been lately and keeps breaking records on the gridiron he will keep bagging even more lucrative brand endorsements.
As the Dolphins maneuver through the playoffs in the AFC East, we are watching his every move and cheering him from the sidelines while praying for his health.