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Joe Montana Net Worth 2020

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Facts of Joe Montana

Full NameJoseph Clifford Montana Jr.
First NameJoseph
Middle NameClifford
Last NameMontana Jr.
Birth NameJoseph Clifford Montana Jr.
Other NameGolden Joe,Bird Legs
ProfessionRetired NFL Player, Businessman
NationalityAmerican
EthnicityMixed
Birth CityNew Eagle, Pennsylvania
Birth CountryUnited States
Father NameJoseph Clifford Montana Sr. (1932- 2017)
Mother NameTheresa Marie Bavuso Montana (1935- 2004)
Gender IdentityMale
Sexual OrientationStraight
HoroscopeGemini
Marital StatusMarried
SpouseJennifer Montana
Relation WithKim Moses (m. 1975- div. 1977), Cathleen Castillo (m. 1981- div. 1984)
No Of Children4
Networth80000000
EducationUniversity of Notre Dame
Height184 cm
Networth$80 M
Facebook Profile
Twitter Profile
Insta Profile
Date of BirthJune 11,1956
Age64 years
Married DateFebruary 24,1985
Networth
Year2020
Amount$100 Million
Currencyusd

Joe Montana, a retired NFL quarterback played for 16 NFL seasons with San Francisco 49ers (1979- 1992) and Kansas City Chiefs (1993- 1994). The 3rd round 82nd overall pick of 1979 NFL Draft, Montana is the 4-time Super Bowl champ with the 49ers & the first player to become Super Bowl MVP 3 times.

Joe made an overall $25.555 million from NFL contracts & salary- his highest-ever contract signed was 3-year $10 million deal when he was traded to the Chiefs from the 49ers in 1993.

What Made Joe Montana A Millionaire: Net Worth In 2020 & Income Sources?

With over 16 years in NFL, the 63-year-old retired quarterback got hands in a hefty sum through NFL career. According to Celebrity Net Worth, Joe enjoys a net worth of $10 0 million as of March 2020.

Montana's season-high salary was $4 million. But before her made his position count in NFL, that is until 1990, he made an average salary of merely $356,000 per season.

Aside from NFL contract & salary, the 6 ft. 2 inches tall personality got aid in earnings through business investments- he produces wine under the label Montagia.

American retired NFL player Joe Montana owns $80 million net worth; he earned from NFL contracts & business investments
American retired NFL player Joe Montana owns $80 million net worth; he earned from NFL contracts & business investments

Source: Forbes

Without a doubt, after his retirement from NFL on April 18, 1995, Joe is active as an angel investor, though, has not gained perks in comparison to NFL career.

Formerly, Montana had investments in HRJ Capital, which saw a drop after the 2008 financial crisis & was acquired by a creditor after failing to meet the debts.

As per his LinkedIn profile, the 2000 Pro-Football Hall of Fame inductee serves as managing partner for capital firm Liquid 2 Ventures since March 2014.

Earnings From NFL Contract & Salary

Joe Montana, the alum of the University of Notre Dame, won the 1977 season of NCAA National Championship & was later drafted by San Francisco 49ers in the 1979 NFL Draft on May 3.

Out of 16 NFL seasons, Joe Montana played 14 seasons with the San Francisco 49ers & earned $21.55 million while his last 2 seasons with Kansas City Chiefs earned him $4 million.

Montana's career earnings from on-field NFL is $25.555 million; the Top-5 highest-earning NFL figures are:

The New Eagle, Pennsylvania-born signed his very first contract with the 49ers on July 13, 1979, worth $255,000 for 3 years.

Here is the list of Joe's Contracts In NFL:

TeamsContractValue

 

 

San Francisco 49ers

3-year (signed on July 13, 1979)$255,000
Contract extension (July 23, 1982)-
6-year deal (August 3, 1984)$6.3 million
3-year deal (November 17, 1988)$7.6 million
4-year contract (August 10, 1990)$10 million
Was traded to Kansas City Chiefs (on April 20, 1993) & subsequently signed contract
Kansas City Chiefs3-year deal (April 20, 1993)$10 million

Salary From NFL Teams:

YearTeamSalary
1979

 

 

 

 

San Francisco 49ers

$50,000 (excludes $50,000 signing bonus)
1980$70,000
1981-1983$85,000 per season
1984$800,000 (excludes $350,000 signing bonus)
1985$900,000
1986$950,000
1987$1 million
1988$1.1 million
1989$1.2 million
1990$4 million (excludes $500,000 signing bonus)
1991$3.5 million
1992$3 million
1993Kansas City Chiefs$4 million
1994San Francisco 49ers$4 million

Achievements In NFL Career

Since the 1979 NFL Draft to his retirement in 1995, Joe Montana played in 192 games & averaged:

  • Pass Completion- 3,409
  • Passing Yards- 40,551
  • Touchdowns- 273
  • Interceptions- 139

Montana became 4-time Super Bowl champion (XVI, XIX, XXIII, XXIV) with the 49ers & was the first player to become a 3-time Super Bowl MVP (XVI, XIX, XXIV).

Furthermore, Joe Montana holds a SuperBowl record of 122 passes from 4 games without an interception. 

Career After Retirement: Business Endeavors

In his post-NFL career, Joe Montana tried out his hands in business endeavors, though, it saw him disappointment at first. Formerly, he owned stake at HRJ Capital, however, it ran on debts & was eventually bought by a creditor after the 2008 financial crisis.

Having invested in Pinterest and Dropbox, Montana, in 2015, founded venture capital firm Liquid 2 Ventures with partners Ron Conway, Mike Miller, and Michael Ma.

As per Celebrity Net Worth, the firm had a fund of $25 million in venture capital.

After retirement from NFL, Joe Montana invested in business & produces wine under the label Montagia
After retirement from NFL, Joe Montana invested in business & produces wine under the label Montagia

Source: Clutch Points

With the firm Liquid 2 Ventures, Joe Montana has investment stints at GitLab, Crowd Cow, Rappi, Captain401 & HERB.

Moreover, he produces wine under the label Montagia & also owns horses; he is a member of the American Quarter Horse Association (AQHA) since 1996

As per the report of 2002, Joe's horses earned more than $464,000 from competitions.

Frequent Price Slash On $49 Million California Estate: Where Does He Live?

Currently, Joe Montana lives with his 3rd wife Jennifer Montana in San Francisco, California- where he owns other million-dollars worth estates.

In 2015, the retired NFL quarterback bought a 2-bedroom and 2-bathroom full-floor flat in Marina District of San Francisco for $2.275 million.

Montana also owns a 500-acre estate in Sonoma County which has a Tuscan-style mansion boasting 3 bedrooms & 3 bathrooms; he put the property for sale in 2009 asking $49 million.

By 2012, the asking price of the estate dropped to $32 million, however, after the sales failure, Joe Montana again slashed the price to $28.9 million in July 2019.

Joe Montana's Sonoma County mansion initially placed for $49 million in 2009 saw a slash to $28.9 million in 2019
Joe Montana's Sonoma County mansion initially placed for $49 million in 2009 saw a slash to $28.9 million in 2019

Source: LA Times

No report on the estate ever came up.

Reportedly, the 4-time Super Bowl champ, in July 2019, put his 87-acre ranch in wine county of Calistoga for sale at $3.1 million. He had bought the property in 1998 for $1.8 million.

Charity Works

Joe Montana established the Four Rings Montana Family Foundation in 2004 that aims to help underprivileged children. Furthermore, he supports other non-profit organizations: Celebrity Fight Night Foundation, Feeding America & Muhammad Ali Parkinson Center.

Married For 3 Times: Relationship & Children

Montana has been married 3 times in his life & divorced twice. 

Currently, he lives with his third wife Jennifer Montana; they married on February 24, 1985,& shares 4 children together: Alexandra Whitney (October 10, 1985), Elizabeth Jean (December 20, 1986), Nathaniel (October 3, 1989) and Nicholas (April 28, 1992).

Joe Montana & his third wife Jennifer Montana; they share 4 children together
Joe Montana & his third wife Jennifer Montana; they share 4 children together

Source: Fierce Pharma

Previously, he was in a marital relationship with first wife Kim Moses from January 4, 1975, to 1977.

Thereafter, the NFL figure married second wife Cathleen Castillo on July 1, 1981, but divorced on June 27, 1984.

Short-Bio

Joe Montana was born Joseph Clifford Montana Jr. on June 11, 1956, in New Eagle, Pennsylvania, the USA. His parents Joseph Clifford Montana Sr. (1932- 2017) and Theresa Marie Bavuso Montana (1935- 2004) were Italian-American.

After attending Waverly Elementary School, he went to Finleyville Junior High and later in Ringgold High School. Upon graduation, Joe enrolled at the University of Notre Dame & obtained a degree in business administration and marketing.

Updated On Tue Jun 09 2020 Published On Tue Mar 10 2020 By CRM

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