How Reggie Bush Achieved a Net Worth of $25 Million
Reggie Bush is an NFL player who has had an impressive career in the league. He’s been with two different teams and he was drafted by the New Orleans Saints as the second overall pick in 2006. Reggie Bush’s net worth now stands at $25 million, so how did this happen?
Who is Reggie Bush?
Reggie Bush is a former football player. His full name is Reginald Alfred Bush Jr. Reggie Bush was born on November 25, 1985, in Los Angeles and is a running back who played for the New Orleans Saints, Miami Dolphins, Detroit Lions. Bush began his career with the Trojans of the University of Southern California in 2003 where he won the Heisman Trophy as well as many other awards. In 2006 he officially signed to the New Orleans Saints with a $16 million contract. He played for the Miami Dolphins from 2010-2013. He then went to play for the Detroit Lions in 2015. When he was injured, he retired on July 27th that year. His last game was against the Carolina Panthers on December 24th, 2016. Bush didn’t sign with any team for the 2017 season but he is still working as a reporter for Fox Sports.
Reggie Bush: Net Worth
Reggie Bush has a net worth of $25 million. His annual salary in 2013 was approximately $525,000. He is one of the highest-ranking running backs in football. He made more money than most players in the NFL last year. So how did he achieve a net worth of $25 million?
Football Player
Bush’s primary income is from football. He signed a contract with the New Orleans Saints in 2006. He got $12 million more after he played for the Detroit Lions. Bush was paid $12.55 million from the Lions in 2015 and an additional $850,000 as part of his signing bonus for that year. He earned an additional $500,000 when he hit incentives with Detroit last season. These included playing time incentives. In total, Bush’s salary is worth about half of what it was five years ago. He took a lower salary when he joined the Lions in 2015. The Saints could not afford him anymore at the higher salary. As a football player, he earned a total of $25.08 million from 2006 to 2015, and $13.65 million in the same time period before taxes were paid.
Endorsements
Aside from being a football player, Reggie Bush is also a well-known face in the advertising world. In 2005 he was named one of the most beautiful people by People Magazine. His endorsement deals with Nike, Gatorade, Microsoft Xbox 360, and Verizon Wireless followed soon after. Bush made headlines when he announced that he would compete on Dancing with the Stars. He will be going against Drew Lachey, who won last season. Some people were surprised by this announcement because Reggie does not like attention from the public. This may have been a trick to get more people interested. Since then, he has won two mirror ball trophies. He is very talented at dancing and won two trophies for it. His performances won over America week by week until they crowned him the winner. As of 2010, Reggie Bush was being paid $12 million annually from his endorsement deals alone!
Investments
Reggie also owns a lucrative set of investments. In 2008, he and his father invested in a major real estate venture: The City Century Plaza Towers (CCPT) mixed-use development project with an estimated completion date set for 2017 is one of Reggie Bush’s major investments. This $200 million venture includes a hotel, residential apartments, and commercial offices that will all be located in the Central Business District of Beijing, China. He has also invested heavily into Reggie Bush Enterprises LLC, a company that includes several business ventures spanning the sports world to clothing lines and even youth football leagues. Bush’s experience and opportunities have helped him to amass a net worth of $25 million. He bought a house worth over $5 million in Oakland County, USA.
Businesses
In addition to his football contract, Reggie Bush also owns businesses. One of these is a men’s clothing store called Twenty Four Seven Clothing Inc., which sells to retailers like Macy’s and Foot Locker. Bush partnered with his former USC teammate, Shawne Merriman to create the brand. The company was founded in 2007 and is headquartered in Los Angeles. It sells casual wear for males of all ages which includes T-shirts, hats, sweatshirts, and shorts. Bush also has stakes in several other businesses including Adidas AG (ADIDAS), Nike Inc., BodyArmor SuperDrink LLC, Lululemon, Athletica Inc., Stance Socks LLC, Muscle Milk Company Inc., Five Hour Energy Drink Company LLC. Reggie Bush has stakes in a variety of different companies including Fit Tea, the Miami Dolphins, and more. This is part of how Reggie Bush earns money through off-season work details he missed for NFL games.
Other Ventures
He also has other ventures such as DJing, which he does with DJ AM. He also has a line of sandals and shoes called AKUMA, as well as Reggie Bush Eyewear that is available for purchase online or in stores. He also does modeling work, appearing in ads for Nike. In addition to his other ventures, he also has a sugar-water beverage line called Gossamer that is sold at some retail stores such as Walmart. He also owns six cars: Range Rover Sport SVR Coupe, Mercedes-Benz C300 Luxury BlueTEC Sedan, Jeep Wrangler Unlimited, Mercedes-Benz SL550 Convertible, Rolls Royce Phantom Drophead Coupe, and a Maserati Gran Turismo S. These are the five sources of Reggie Bush’s net worth that have contributed to his fortune. His hard work not only helped him get to this point in his career but also helped him make a name for himself.