The Atlanta Falcons took a quarterback out of Southern Mississippi in the second round of the 1991 NFL Draft. Brett Favre started four years in college before Atlanta made him the 33rd overall pick.
Favre played in just two games as a rookie for the Falcons with no completions on four pass attempts. He was then traded to the Green Bay Packers where he immediately started his Hall of Fame career. Over the years, Favre has signed big contracts and been endorsed by many companies.
As we sit in 2020, let’s take a look at Favre’s net worth from his playing days and post-retirement.
Estimated net worth: $100 million
Three months after being drafted, Favre signed a three-year, $1.38 million rookie contract with the Falcons. During his first year, Favre was the third-string quarterback behind Chris Miller and Billy Joe Tolliver. With the intention of moving forward with Miller, the Falcons traded Favre to Green Bay in exchange for a first round pick in 1992.
Favre started in Green Bay right away. He made 13 starts and went 8-5 in his second year in the league. In 1992 and 1993, Favre made his first two Pro Bowl appearances, despite leading the league in interceptions in 1993, something he did three times in his career. This was enough for the Packers to sign him to a five-year, $19 million deal in July of 1994.
This was the best stretch of Favre’s career. Beginning in 1995, Favre made three-straight Pro Bowls and was named First Team All-Pro in all three years. He won back-to-back league MVP awards in 1995 and 1996. Favre started all 16 games over the three years and began cutting down his turnovers. He led the NFL in passing touchdowns in each of the three seasons. In total, Favre threw 112 touchdowns and 42 interceptions. He also led the Packers to a Super Bowl in 1996. This incredible stretch earned Favre his first big contract. In July of 1997, the Packers gave their franchise quarterback a seven-year, $47.25 million contract extension.
After signing this deal, Favre’s turnovers began to spike once again. He threw 23 interceptions in 1998 and 1999. He is known as a gunslinger and it showed during these years. Favre attempted 500 or more passes for 10 straight years. This includes 595 attempts in 1999 which led the league. In 2001, Favre returned to the Pro Bowl after throwing for 3,921 yards and 32 touchdowns. Green Bay wanted to make sure that Favre stuck around long term. The two sides agreed on a 10-year, $101.5 million contract.
Favre made three more Pro Bowl appearances during this contract. He led the league in touchdowns in 2003 and was attempting passes at an extreme rate. In 2005 and 2006, Favre eclipsed 600 pass attempts. He led the league with 29 interceptions in 2005. That was the year that the Packers drafted Aaron Rodgers.
Rodgers took over the starting job for the Packers in 2008. Green Bay decided to trade Favre to the New York Jets for a 2009 fourth-round draft pick. He spent one year in New York where he led the Jets to a 9-7 record. Favre threw 22 touchdowns and 22 interceptions. The Jets started 8-3 that season but lost four of their final five games to miss the playoffs. In May 2009, Favre was released by the Jets.
It did not take long for the Minnesota Vikings to sign Favre to a two-year, $25 million contract. In the first year of the contract, Favre had one of his best statistical seasons. He threw 33 touchdowns and just seven interceptions while leading the Vikings to a 12-4 record. Minnesota was arguably the best team in football in 2009. They made a run to the NFC Championship game but one boneheaded play by Favre knocked them out.
Already in field goal range, Favre tried to make a play rolling to his right. He threw across his body and the pass was intercepted. The Vikings would go on to lose in overtime. This season marked another three-year streak of Pro Bowl appearances for Favre, and he did it with three different teams. The 2010 season did not have the same magic.
Favre and the Vikings restructured his deal to a one-year, $16 million contract. Favre started 13 games and went 5-8. He threw just 11 touchdowns to his 19 interceptions. After the miserable 2010 campaign, Favre retired from football at the age of 41. He currently ranks fourth all time with 71,838 passing yards. He is also fourth with 508 touchdowns. With 336 career interceptions, Favre finds himself at the top of that list and there is no one close.
Favre earned nearly $138 million on the field during his playing career. He was a hot commodity for companies to sponsor as well. At the peak of his career, Favre made between $7 and $9 million per year in endorsements. This has continued in retirement.
During his career, Favre was sponsored by big-name companies such as Nike, Wrangler Jeans, MasterCard, Snappers, Remington hunting rifles, Foot Locker and Prilosec. Foot Locker came late for Favre along with Copper Fit. In 2010, Favre was involved in a texting scandal which forced him to lose most of his deals. He was dropped by many companies after the investigation. Wrangler and Snappers were the two that stuck with him through the difficult time.
Favre has had his fingers in plenty since retiring. In 2013, Favre and his family opened a restaurant called Brett Favre’s Steakhouse. The Green Bay restaurant changed the name to Hall of Fame Chophouse shortly after but as of 2018, the steakhouse has been closed. In 2013, Favre joined the Board of Directors of sports social media platform Sqor. This platform delivered editorial and social content for professional athletes. Unfortunately, this was another failed experiment. In 2018, a lawsuit came to light seeking $16.25 million from Sqor.
Finally, Favre has done plenty of charity work in his life. He began the Brett Favre Fourward Foundation in 1996. This foundation has donated over $2 million towards projects in Minnesota and Wisconsin. In 2014, Favre merged his foundation with his wife’s foundation for breast cancer.
Favre was inducted into the Hall of Fame in 2016. He is known for having one of the best arms in the history of the game. He has been through plenty in his career and retirement that has made his net worth astronomical.