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John Elway Net Worth - A Look At The Former Quarterback's Net Worth

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John Elway is a legendary figure in the world of American football, having enjoyed a successful career both as a player and as an executive. His achievements on the field have made him one of the most recognizable names in the sport, while his business ventures have helped him to amass a significant net worth. In this article, we will take a closer look at John Elway net worth and explore the various factors that have contributed to his wealth.

Quick Facts About John Elway

NameJohn Elway
BirthdayJune 28, 1960
ProfessionFootball player
Net worth$145 million

Early Life Of John Elway

John Elway was born on June 28, 1960, in Port Angeles, Washington. His father, Jack Elway, was a football coach, and his mother, Janet Elway, was a homemaker. Elway grew up in a family that was heavily involved in sports, with his father coaching football at various levels and his mother being an avid tennis player.

COPYRIGHT_PNW: Published on https://purenetworth.com/john-elway-net-worth/ by - on 2023-05-02T10:39:46.021Z

As a child, Elway excelled in a variety of sports, including baseball, basketball, and football. He attended Granada Hills High School in the San Fernando Valley of Los Angeles, where he played football and baseball. In his senior year of high school, Elway was named the California high school player of the year in football.

Elway went on to play college football at Stanford University, where he continued to excel on the field. He led the team to an upset victory over the top-ranked University of Southern California Trojans in 1981, and he was a consensus All-American in both 1982 and 1983.

It was Elway's success at Stanford that caught the attention of NFL scouts, and he was ultimately selected by the Baltimore Colts as the first overall pick in the 1983 NFL Draft. However, Elway famously refused to play for the Colts and was eventually traded to the Denver Broncos, where he would go on to become a football legend.

Football Career Of John Elway

John Elway - Driven

John Elway is widely considered one of the greatest quarterbacks in the history of American football. He played for the Denver Broncos for 16 seasons, from 1983 to 1998, and during that time he led the team to five Super Bowl appearances and two Super Bowl victories.

Elway was known for his incredible athleticism and his ability to make plays happen on the field. He was particularly famous for his clutch performances in high-pressure situations, earning him the nickname "The Comeback Kid." In fact, Elway led the Broncos to 47 game-winning drives and 35 fourth-quarter comebacks during his career.

Elway's individual accomplishments as a player are equally impressive. He was named to the Pro Bowl nine times, was a first-team All-Pro selection three times, and was the NFL MVP in 1987. He finished his career with over 51,000 passing yards and 300 touchdown passes, both of which were among the best in NFL history at the time of his retirement.

After retiring as a player, Elway stayed involved in football as an executive. He was named the Broncos' executive vice president of football operations in 2011, and he played a key role in building the team that won Super Bowl 50 in 2016. Elway stepped down from his position in 2021, but his impact on the game of football will be felt for many years to come.

Business Ventures Of John Elway

In addition to his successful football career, John Elway has also been involved in a number of successful business ventures. After retiring from football, he founded Elway's Steakhouse, a high-end restaurant chain with locations in Colorado and other states. The restaurant has received widespread acclaim for its food and service, and it has become a popular destination for sports fans and foodies alike.

Elway has also been involved in a number of real estate ventures, including the development of luxury residential properties and commercial office buildings. He is the founder of Elway Home, a company that specializes in custom home building and design services.

Another successful business venture for Elway has been his work as a car dealer. He owns several car dealerships in the Denver area, including John Elway Cadillac and John Elway Chrysler Jeep Dodge Ram. His dealerships have won numerous awards for their customer service and sales performance, and they have become some of the most successful dealerships in the region.

John Elway Net Worth

As of 2023, John Elway's net worth is estimated to be around $145 million. His wealth primarily comes from his successful career as a football player and his subsequent business ventures. During his time as a football player, Elway earned millions of dollars in salary and endorsements. He was one of the highest-paid players in the league for much of his career, and he also earned significant income from endorsements with companies like Nike and Chevrolet.

After retiring from football, Elway continued to build his wealth through his successful business ventures. His restaurant chain, Elway's Steakhouse, has become a popular destination for diners across the country, and his car dealerships have been recognized for their exceptional customer service and sales performance. He has also been involved in real estate development, and he has been successful in building and selling luxury properties.

Real Estate Properties Of John Elway

John Elway wearing a black suit and sunglasses
John Elway wearing a black suit and sunglasses

John Elway has been involved in real estate development and investment for many years, and he has owned a number of significant properties over the course of his career. One of his most notable real estate investments was the development of Elway's Cherry Creek restaurant and office building in Denver, which he built in the early 2000s. The property, which is located in one of Denver's most upscale neighborhoods, is valued at several million dollars and has been a successful investment for Elway.

Elway has also owned several other significant properties over the years, including a luxury home in Cherry Hills Village, Colorado, which he sold in 2019 for $22 million. He has also been involved in a number of other real estate investments, including the development of luxury condos and townhomes in Denver and other cities.

Philanthropic Works Of John Elway

John Elway has been involved in a number of philanthropic activities throughout his career, using his success and wealth to give back to the community. One of his main philanthropic causes is supporting children in need, particularly those who are facing physical or emotional challenges.

In 1984, Elway founded the John Elway Foundation, which focuses on helping children who are suffering from various health conditions. The foundation has provided millions of dollars in funding to support organizations that provide medical care and other services to children in need. The foundation has also provided support to organizations that work to improve the lives of children who are at risk or facing other challenges.

Elway has also been involved in a number of other charitable initiatives over the years. He has supported the Children's Hospital Colorado, which provides medical care to children throughout the state. He has also been a major supporter of the Food Bank of the Rockies, which works to fight hunger in Colorado and neighboring states. In addition, Elway has supported a number of other charitable organizations and causes, including the Boys & Girls Clubs of America, the Muscular Dystrophy Association, and the Alzheimer's Association.

Interesting Facts About John Elway

John Elway wearing a blue and orange jersey
John Elway wearing a blue and orange jersey
  • John Elway was born in Port Angeles, Washington, and grew up in Southern California.
  • Elway was a standout athlete in high school, excelling in football, baseball, and basketball. He was even offered a contract to play professional baseball with the New York Yankees.
  • Elway played college football at Stanford University, where he was a two-time All-American and led the team to a Rose Bowl victory in 1986.
  • Elway was selected by the Baltimore Colts as the first overall pick in the 1983 NFL Draft, but he refused to play for the team and was eventually traded to the Denver Broncos.
  • Elway played for the Broncos for 16 seasons, leading the team to five Super Bowl appearances and winning two Super Bowl championships.
  • Elway was known for his incredible athleticism and ability to make big plays under pressure. He is widely considered to be one of the greatest quarterbacks in NFL history.
  • Elway retired from football in 1999 and was inducted into the Pro Football Hall of Fame in 2004.
  • In addition to his football career, Elway has been successful in business, owning several car dealerships and a chain of high-end restaurants.
  • Elway has been involved in a number of philanthropic initiatives throughout his career, including founding the John Elway Foundation to support children in need.
  • Elway has been married twice and has four children. His son, Jack, is a professional football player who currently plays for the Denver Broncos.

People Also Ask

What Is John Elway Doing Now?

John Elway currently serves as a special advisor to the Denver Broncos, after stepping down from his position as executive vice president of football operations in 2021.

How Many Super Bowls Did John Elway Win?

John Elway won two Super Bowls during his career as a quarterback for the Denver Broncos.

What Teams Did John Elway Play For?

John Elway played his entire NFL career with the Denver Broncos, from 1983 to 1998.

Is John Elway In The Hall Of Fame?

John Elway was inducted into the Pro Football Hall of Fame in 2004.

Conclusion

John Elway net worth is a testament to his enduring success both as a player and as a business executive. From his early days as a college football star to his Super Bowl victories with the Denver Broncos, Elway has proven time and again that he has what it takes to succeed at the highest levels of professional football. Today, his net worth stands at an impressive $145 million, a testament to his ongoing impact on the sport and his commitment to excellence both on and off the field.

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