Philip Rivers Net Worth (2025)
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Philip Rivers Net Worth, Biography & Lifestyle: Philip Michael Rivers is a retired professional football quarterback from the Indianapolis Colts. Philip Rivers net worth is estimated at $80 million.
You’ve seen the games, and you are wondering about how much is Philip Rivers net worth, and you want to know more about him, right? Well, you are in the right place.
Today, we’re going to check out Philip Rivers’ career, and we’ll be looking at:
Table of Contents
Ready your cleats, helmet, and your favorite number 17 jersey.
It’s football time dadgummit!
(Once you’ve checked out Philip Rivers net worth and bio – whatever you do – scroll to the end and check out our Fun Facts Section – there are a couple of surprises for you in there!)
Who Is Philip Rivers?
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Philip Rivers Net Worth: 80 Million |
Source of Wealth: Retired American football player, head coach for St. Michael Catholic High School |
Spouse/ Relationship: Tiffany Rivers (m. 2001-current) |
Date of Birth: December 8th 1981 |
Place of Birth/Nationality: Decatur, Alabama/ American |
Children: daughters; Sarah Catherine Rivers, Halle Rivers, Grace Rivers, Anna Rivers, Clare Rivers, Rebecca Rivers, and Caroline Rivers sons; Gunner Rivers and Peter Rivers |
Philip Michael Rivers is a retired American football player that played for the Indianapolis Colts and the Sand Diego Chargers that later became the Los Angeles Chargers.
Let’s look back on his journey on how he amassed his $80 million Philip Rivers net worth and became one of the greatest quarterbacks in NFL history.
NFL Draft
Rivers was part of the 2004 NFL Draft pool. He was predicted to be drafted by the Pittsburgh Steelers as the 11th pick.
But…
The San Diego Chargers had the first overall pick in the 2004 draft, and they wanted Eli Manning. Unfortunately for the San Diego Chargers, Manning indicated that he would not sign with them before the draft.
The San Diego Chargers drafted Manning as their first pick and made a draft-day deal with the New York Giants.
The New York Giants have the 4th pick, and they took Rivers and traded him for Eli Manning in addition to three further draft picks.
San Diego Chargers
Philip Rivers net worth started with the San Diego Chargers contract worth $40.5 million, including $14.5 million in signing bonuses. It was a six-year deal that Rivers signed in August 2004.
Philip Rivers salary per year for the next six years was a staggering $9.16 million.
Rivers began his rookie season as the Chargers’ third quarterback option. He first appeared in the second half of the last game of the 2004 season against the Kansas City Chiefs.
On January 2, 2005, Rivers threw a 13-yard touchdown pass to fellow rookie Malcolm Floyd, his first touchdown as a professional football player.
His second season with the Chargers saw Rivers being promoted to the second back-up quarterback.
Rivers entered the last game of the 2005 season when starting quarterback Drew Brees dislocated his right shoulder late in the second quarter. The Chargers lost 23-7 to Denver.
By the end of the 2005 season, Drew Brees was not re-signed by the Chargers due partially to the injury he suffered, and it was hinted that he might transfer to the New Orleans Saints.
So…
Philip became the starting quarterback for the Chargers in the 2006 season when Drew Brees signed a contract with the New Orleans Saints.
Rivers made his first National Football League start against the Oakland Raiders on September 11, 2006, and after just five NFL starts, Philip was named the second-best NFL quarterback under 25 years of age by Sports Illustrated.
In 2007, the Chargers reached the play-offs and came to the final of the AFC. Rivers played the whole game with a torn ACL that later required surgery. Unfortunately, they lost to the New England Patriots.
Philip Rivers net worth took another big leap when Rivers signed a six-year, $92 million contract extension with the Chargers On August 24, 2009. Rivers’ annual salary was a whopping $15.33 million-plus bonuses. Like Wow!
Plus…
On August 15, 2015, the Chargers and Rivers agreed to a four-year, $84 million contract extension. Another monumental milestone for Philip Rivers’s net worth.
Los Angeles Chargers
The Chargers returned to Los Angeles in 2017. Though most of his teammates relocated to L.ARivers still called San Diego his home.
To make the 1 hour 18-minute commute from San Diego to Los Angeles, Rivers purchased a made-to-order SUV that includes two seats you’d find on a private jet, a 40-inch screen, satellite TV, a refrigerator, and WiFi. With Phillip Rivers salary, he can afford a $200,000 SUV.
Philip helped lead the Los Angeles Chargers to a 9–7 season in his first year back in L.A.
In the 2018 season, Rivers finished with 4,308 yards, 32 touchdowns, with 12 interceptions. The Los Angeles Chargers finished with a 12–4 record and returned to the playoffs for the first time since 2013.
Unfortunately, the Los Angeles Chargers lost In the Divisional Round against the New England Patriots.
He finished his final season with the Chargers with 4,615 passing yards, 23 touchdowns, and 20 interceptions.
By the end of the 2019 season, both the Chargers and Rivers agreed that it was in their best interest to part ways.
The Indianapolis Colts
Another $25 million was added to Philip Rivers net worth when he signed a one-year contract with the Colts on March 21, 2020.
In his first game as a Colt, they lost to the Jacksonville Jaguars. He claimed his first victory with the Colts in a Week 2 28–11 win against the Minnesota Vikings the following week.
He finished the 2020 season with 4,169 passing yards, 24 touchdowns, and 11 interceptions.
After seventeen seasons, Philip Rivers announced his retirement from the NFL on January 20, 2021, saying, “It’s just time. It’s just right.”
He returned to Fairhope, Alabama, to become the head coach of the St. Michael Catholic High School football team.
Other Quick Facts:
How Much Is Philip Rivers Worth?
Philip Rivers net worth is estimated at a mind-blowing $80 Million.
Philip Rivers Net Worth Year By Year
Year | Earnings $ |
2017 | $24 Million |
2018 | $39 Million |
2019 | $55 Million |
2020 | $80 Million |
Philip Rivers Merchandise
Philip Rivers: Passion and Purpose
An inspirational book about San Diego Chargers quarterback Philip Rivers written by Joan Rivers and Patrice Lappert
Philip Rivers Print Signed Mounted Photo Display #05 Printed Autograph Picture Print
An inspirational book on becoming an NFL Hall of Fame Quarterback.
Philip Rivers Print Signed Mounted Photo Display #05 Printed Autograph Picture Print
A Philip Rivers signed mounted photo display wearing a San Diego Chargers uniform
Philip Rivers Wilson Nfl Signed Super Grip Football Jsa
A signed Football from San Diego Chargers quarterback Philip Rivers.
Outerstuff Philip Rivers Indianapolis Colts #17 Blue Youth Home Game Day Jersey
NFL Jersey #17 Indianapolis Colts
Investments
A great addition to the Philip Rivers net worth was in 2012 when Philip, in collaboration with the D1 Athletic training facility, opened up his franchise location in Raleigh, North Carolina.
The Young Philip Rivers
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Philip Michael Rivers was born in Decatur, Alabama, on December 8, 1981, to parents Steve Rivers, who was the Decatur high school football coach, and Joan, who was a teacher. Philip has two younger siblings named Stephen and Anna Rivers.
Philip started his primary education in Decatur High; growing up with a coach as a father, he was into sports at an early age.
Now…
Being a tall child, Philip’s first sport was basketball until he tried to play football, and the rest was history.
His days in Decatur high were interrupted when the family moved to Athens, Alabama. He transferred to Athens High School where Philip’s father coached the Athens high school football team: Golden Eagles.
He graduated from Athens high school in December 1999.
College football career
North Carolina State University was the first school to consider Rivers as a starting quarterback.
So…
After high school, rivers played college football for North Carolina State University in Raleigh, North Carolina, under coach Chuck Amato.
North Carolina State University had an All-American caliber quarterback on River’s rookie year as part of the Wolfpack football team.
Rivers was ACC Rookie of the Week a record eight times and was named the conference Freshman of the Year.
RIvers also married long-time girlfriend Tiffany Goodwin in his freshman year.
And…
In his sophomore year under coach Chuck Amato, Rivers connected for 2,586 passing yards and 16 touchdowns. The Wolfpack football team finished the 2001 season at seven wins and four losses.
In his four-year stay with the North Carolina State University Wolfpack, Rivers shattered almost every North Carolina State and ACC passing record.
In his final season with the Wolfpack, Rivers’ number 17 was retired before his final home game at North Carolina State.
Philip Rivers Family & Relationships
Philip Rivers Wife – Tiffany Rivers
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Tiffany Goodwin was born on November 18, 1982, in Alabama, United States. The couple has been dating since their 7th grade. Philip married his junior high school sweetheart on 19 May 2001.
Philip Rivers Kids
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With $80 million Philip Rivers’ net worth of $80 million, he and his wife can afford to have a big family.
The couple has nine children. Seven daughters and two sons.
Name | Year Born |
Halle Rivers | 2002 |
Caroline Rivers | 2005 |
Grace Rivers | 2006 |
Gunner Rivers | 2008 |
Sarah Rivers | 2010 |
Peter Rivers | 2012 |
Rebecca Rivers | 2014 |
Clare Rivers | 2016 |
Anna Rivers | 2018 |
Before we tackle how Philip spends his millions, let’s take a look at his career as one of the NFL’s best quarterbacks that ever played the game.
Philip Rivers Career
National Football League
Awards and Honors
How Philip Rivers Spends His Money
With an $80 Million Philip Rivers Net Worth, you may think that he lives a life of luxury, but no. After retiring, he sold his luxurious home and moved to Alabama. Philip spends his money on his family and his charitable works.
Philip Rivers House
Philip Rivers House in San Diego
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The property has a 1-acre lot with 6844 sq feet home is located within the San Diego area. It has 6 bedrooms and 7 baths, a media room with its own projection theater system, a wet bar, an office, a pool, an indoor basketball court, a spa, and an open floor living area overlooking the Santaluz Club golf course.
Westfield Indiana Home
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This 5-bedroom, 6-bath modest abode was bought in 2020 for $995,000. The house in the Brookside neighborhood on Majestic Oak Court is currently on the market for $1.049 million.
Philip Rivers Cars
Chevy SUV
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Rivers purchased a specially built Chevy SUV complete with “its own living room.” The luxurious film room allowed him to watch football games on the way to practice. The SUV’s purchase price is $200,000.
Philip Rivers Philanthropy
Fun Facts About Philip Rivers
5 Lessons We Learn Financial Freedom From Philip Rivers
- Understand that your self-worth is not determined by your net worth.
- Pursue your passion to fulfill financial freedom.
- Become more valuable
- Plan your finances.
- Address your financial fears.
Top 3 Quotes From Philip Rivers
Frequently Asked Questions (FAQs)
Is Philip Rivers retired?
Yes, Philip Rivers retired on January 20, 2021
How much was Philip Rivers’ Contract with the Colts?
Philip Rivers Contract with the Colts in 2020 was worth $25 million.
How many NFL contracts did Rivers get in 17 seasons?
Rivers had 4 NFL contracts. Philip Rivers’ salary in his 17 seasons amounted to $290.75 million.
Conclusion: Philip Rivers Net Worth, Bio, Lifestyle
Philip Michael Rivers was a force to be reckoned with in the NFL. Though he may not have won a Superbowl, he is still considered as one of the best quarterbacks who ever played the game.
Is Rivers worth every penny? I believe so.
Now, as a head coach, Philip Rivers salary may be minuscule compared to his salary while in the NFL, but the true Philip Rivers worth is imparting what he learned from the NFL to the young aspiring football players of the future.
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