Inside Charvarius Ward’s Net Worth: A Breakdown Of His $40.5 Million Contract

2024 Financial Milestone: Ward's Base Salary Hits $12.5 Million

Key Takeaways

  • Charvarius Ward has built his impressive net worth through his NFL career, contracts, and potential endorsements.
  • He started with the Dallas Cowboys in 2018 with a modest $1.71 million contract.
  • His three-year, $40.5 million contract with the 49ers boosted his earnings.

As of October 2024, Charvarius Ward, a talented cornerback for the San Francisco 49ers in the National Football League (NFL), has an estimated net worth of between $5 million and $10 million.

Ward has built his wealth primarily through his NFL career, earning from contracts, signing bonuses, and potential endorsement deals.

This net worth reflects his journey from an undrafted free agent to a key defensive player for the 49ers.

His dedication and resilience have been rewarded with solid earnings and increasing recognition.

The San Francisco 49ers cornerback, Charvarius Ward
The San Francisco 49ers cornerback Charvarius Ward (Source: ESPN)

One of the most significant boosts to Ward’s net worth came with his three-year, $40.5 million contract with the 49ers, signed in 2022.

This deal included a $12 million signing bonus and $26.6 million in guaranteed money, giving him an average annual salary of $13.5 million.

In 2022, he earned a base salary of $1,035,000, along with a prorated signing bonus of $2,405,000, a roster bonus of $340,000, and a workout bonus of $100,000, totalling a cap number of $3,880,000.

In 2023, Ward’s base salary increased to $1,080,000, with a prorated signing bonus of $4,901,000, a roster bonus of $340,000, and a workout bonus of $100,000, bringing his cap number to $6,421,000.

By 2024, his base salary jumped to $12,560,000, accompanied by a prorated signing bonus of $4,901,000, a roster bonus of $340,000, a workout bonus of $100,000, and an additional bonus of $500,000, giving him a total cap number of $18,401,000.

Ward’s NFL journey began humbly with the Dallas Cowboys, who signed him as an undrafted free agent in 2018.

His contract then was a three-year, $1.71 million deal, including a $5,000 signing bonus.

However, his career took a significant turn when the Kansas City Chiefs traded for him in exchange for offensive guard Parker Ehinger on August 30, 2018.

In 2019, Ward also earned extra income from the league’s performance-based pay program, which rewards players based on playtime and salary level.

That year, he earned an additional $428,335 on top of his $570,000 base salary, the highest payout from the program.

Charvarius Ward making a clutch catch for the 49ers
Charvarius Ward making a clutch catch for the 49ers (Source: Bleacherreport)

Between 2018 and 2021, Charvarius Ward earned $5,596,455 with the Chiefs. His earnings rose each year, starting at $480,000 in 2018 and reaching $3,384,000 in 2021 as his performance and reputation grew.

Ward’s reliable gameplay with the Chiefs helped him build a strong reputation, paving the way for his high-paying contract with the 49ers.

His selection to the Pro Bowl in 2024 has further boosted his profile, enhancing his prospects for future contracts.

Although Ward’s contract with the 49ers will expire in 2025, his strong performance may allow him to negotiate even higher earnings – whether through a new deal with the 49ers or another team.

Off the field, Ward is active in giving back to the community. He founded the “Charvarius for Change” foundation in 2021, allowing him to connect with fans and support various causes, which has expanded his influence beyond his NFL career.

While details about Ward’s investments or lifestyle are limited, his NFL earnings have likely allowed him to enjoy a lifestyle aligned with his success.

Charvarius Ward played college football for the Middle Tennessee Blue Raiders
Charvarius Ward played college football for the Middle Tennessee Blue Raiders (Source: ESPN)

As a rising NFL star, Ward’s financial choices reflect his goals both on and off the field.

His net worth in 2024 highlights his journey, his dedication to growth, and his expanding influence in the sports world.

At age 28, Charvarius Ward continues to build wealth through strategic career moves, endorsements, and community initiatives, setting a promising course for his future both financially and professionally.

In Case You Didn’t Know

  • Charvarius Ward was born on May 16, 1996, in McComb, Mississippi, USA, and was raised by his mother, Tanya, while his father was incarcerated during his early years.
  • Attending McComb High School, he initially joined Hinds Community College before transferring to Middle Tennessee State University in his junior year, where DraftScout.com rated him the 46th-best cornerback in the 2018 NFL draft.
  • Ward’s one-year-old daughter, Amani Joy, who was born prematurely with Down syndrome and had struggled with heart issues, sadly passed away on October 28, 2024.

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