On November 15, 1993, Arik Armstead, a defensive end for the San Francisco 49ers of the National Football League, was born.
He played college football for Oregon and was picked by the 49ers in the first round of the 2015 NFL Draft.
In this article, we would like to explore more about his finances. Particularly his contracts, salary and ultimately his net worth.
Contract
With the San Francisco 49ers, Arik Armstead agreed to a five-year, $85,000,000 deal with a $3,500,000 signing bonus, and $40,000,000 in guaranteed money. Armstead will make $1,120,000 in base pay, $750,000 in roster bonuses, $13,030,000 in restructure bonuses and $100,000 in workout bonuses in 2022. He will also have a cap hit of $9,576,000 and a dead cap value of $29,630,000.
Salary per year
Armstead earns $17,000,000 per year according to the contract he signed
Net worth
Armstead’s net worth is estimated to be $26 million.
Armstead attended Pleasant Grove High School in Elk Grove, California. all through his high school career.
He registered 126 stops along with 7.5 sacks. According to Rivals.com, Armstead was the sixth-best defensive end in his class and a four-star prospect.
He initially committed to playing collegiate football at the University of Southern California, but then switched to the University of Oregon. In high school, he also participated in basketball.
