What is Colt McCoy's Net Worth and Salary?
Colt McCoy is an American football player who has a net worth of $14 million. Colt McCoy is known as 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.
Early Life
Daniel "Colt" McCoy was born on September 5, 1986, in Hobbs, New Mexico. He attended Jim Ned High School in Tuscola, Texas, where he was coached in football by his father. As a high school player, Colt was a two-time Associated Press 2A Offensive MVP and a First-team All-State selection. He helped lead Jim Ned to the 2003 Texas 2A State Championship, but they lost 28-7 to the San Augustine Wolves. Colt McCoy ranks as the all-time passing leader in Texas Division 2A high school history and is fourth overall in Texas high school history.
College Career
Colt McCoy decided to play football at the University of Texas under head coach Mack Brown. He was a four year starter for the Longhorns from 2006 to 2009, and he became the only player in team history to win or share in the team's MVP honor for four years. He was named the Big 12 Offensive Freshman of the Year and the Alamo Bowl Offensive MVP in 2006. McCoy was named the Holiday Bowl Offensive MVP in 2007 and won the Archie Griffin Award in 2008. He is a two-time First-team All-American (2008, 2009), and two-time Walter Camp Award winner (2008, 2009). McCoy was also nominated for the Heisman Trophy in 2008 and 2009, serving as a finalist in 2009.
His senior year was his most successful of all as he became the most victorious quarterback in NCAA history with 45 career wins while also being named the Fiesta Bowl MVP, the Sporting News College Athlete of the Year, the Big 12 Offensive Player of the Year, winner of the Johnny Unitas Golden Arm Award, the Chic Harley Award, the Manning Award, the Davey O'Brien Award, and the Maxwell Award. His No. 12 is retired by the Texas Longhorns.
Getty Images
NFL Career
With the 85th overall pick in the third round of the 2010 NFL Draft, Colt McCoy was selected by the Cleveland Browns. After a couple of up and down seasons, he spent most of 2012 as a backup to first round pick Brandon Weeden. In April of 2013, McCoy was traded to the San Francisco 49ers. He signed on with the Washington Redskins in 2014 and played there through 2019. In 2020, Colt McCoy signed a one-year contract with the New York Giants to backup starter Daniel Jones. And in March of 2021, McCoy signed a deal to become the backup to Kyler Murray with the Arizona Cardinals.
Contracts & Career Earnings
Colt McCoy earned nearly $5 million over four years on his NFL rookie contract. And then in 2016, he signed a three-year deal worth $9 million with the Washington Redskins. In 2018, the sides agreed to terms on a two-year, $6.5 million extension.
Over his NFL career, Colt McCoy has earned over $24 million in salary alone.
Personal Life
Colt McCoy married Rachel Glandorf in July of 2010. The couple has two daughters and a son together.
McCoy enjoys multiple outdoor activities, including hunting, fishing, and playing golf. In 2006, he made headlines when he swam 300 yards across a lake to help a man who was having a seizure.
