henry ruggs net worth

Henry Ruggs III’s journey is a tale of rise and fall. A young NFL star’s financial future looked bright but changed quickly. He was on his way up in American football but then faced a major setback.

Ruggs was known for his dynamic plays on the field. He had a net worth of $4 million at first. After signing a $16.67 million deal with the Las Vegas Raiders in July 2020, things looked great. He got a $10 million signing bonus from this. But, a tragic car crash in November 2021 changed everything. This accident took the life of a young woman and her dog.

Key Takeaways

  • Henry Ruggs’ initial net worth as an NFL player was reported to be $4 million.
  • Ruggs’ contract with the Raiders was valued at $16.67 million, including a $10 million signing bonus.
  • His total career earnings added up to $11 million before the 2021 car accident.
  • The November 2021 car crash significantly impacted his career and net worth.
  • As of November 2022, Ruggs’ net worth was estimated to be $5 million, affected by legal and financial challenges.

Before the incident, Ruggs made $11 million from NFL. Yet, after the crash, he faced legal issues that led to his release from the Raiders. Sentenced to 3-10 years in prison on August 9, 2023, his future is uncertain. What happens to his finances and career after he gets out?

Early Life and College Career

Henry Ruggs III was born on January 24, 1999, in Montgomery, Alabama. He was a talented athlete at Montgomery Catholic Preparatory School, excelling in several sports. His skills on the field caught the attention of top college recruiters early on.

Early Life

Henry Ruggs grew up loving sports in Alabama. He excelled in football, basketball, and track during his youth. This dedication set the foundation for his later success. Thanks to his high school achievements, he secured a place at the University of Alabama. There, his sports career really started to glow.

College Career

At Alabama, Ruggs became a leading wide receiver. He played a key role in winning the 2018 College Football Playoff National Championship. Ruggs made 98 receptions, gained 1,716 yards, and scored 24 touchdowns, showing his impressive skill on the field.

Ruggs also earned personal accolades, becoming a consensus All-American in 2019. He was named the SEC Offensive Player of the Year. His achievements in college built a strong base for his NFL career. His pre-draft performance, including a 40-yard dash of 4.27 seconds and 42 inches vertical jump, highlighted his exceptional speed and athleticism.

His outstanding achievements at *henry ruggs Alabama* played a big role in his college and professional career. This success paved the way for his future in professional football.

Henry Ruggs’ Professional NFL Career

Henry Ruggs’ journey into the NFL was filled with excitement. The Las Vegas Raiders picked him 12th overall in the 2020 NFL Draft. They saw him as a big player for the team. His first contract was worth $16.67 million for four years. It included a huge $10.76 million signing bonus.

henry ruggs Las Vegas Raiders

NFL Draft and Rookie Contract

Ruggs was the second wide receiver to be picked. The Las Vegas Raiders gave him a valuable rookie contract. This contract showed he was expected to do great things. By 2023, it was estimated he’d be worth $20 million.

Performance and Impact

Ruggs made a strong start right off the bat. In his first season, he grabbed 26 passes for 452 yards. He also scored two touchdowns. One of his big moments was a 72-yard touchdown.

Even though he got injured, Ruggs greatly affected the Raiders’ game plan. His performance showed he was a key player.

Ruggs also made money from endorsements, like a deal with Nike for $3 million a year. He worked with Adidas, Bose, Subway, and Verizon too. These deals increased his wealth. But his career and progress were interrupted by legal troubles after a car crash in November 2021.

2021 Car Crash and Legal Consequences

On November 2, 2021, Henry Ruggs faced a tragic incident. He was in a high-speed car crash in Las Vegas. The crash claimed the life of 23-year-old Tina Tintor and her dog. This event led to severe legal consequences for Ruggs.

After the crash, it was found that Ruggs’ blood alcohol was over two times the Nevada limit. He was charged with DUI resulting in death and reckless driving. That day, the Las Vegas Raiders released him.

In 2023, Ruggs pled guilty to his charges. He was sentenced to 3 to 10 years in prison. The henry ruggs car crash had a big effect on his career and life. He lost deals with big brands like Nike and Beats by Dre.

Ruggs’ net worth dropped a lot because of the legal costs and lost future earnings. The crash not only ended his NFL career early. It also left a permanent mark on his financial situation. The henry ruggs sentence is a reminder of the big consequences of reckless actions.

Henry Ruggs Net Worth

Henry Ruggs was worth about $20 million before a major car crash and his jail time. His main income was from a deal with the Las Vegas Raiders. It was valued at $16.67 million for four years, plus a $10.76 million sign-on bonus. For 2021, his base salary was $607,000, and he was set to make $4.8 million in 2022.

He also made good money from sponsorships, like a $3 million yearly deal with Nike. These deals greatly increased his wealth. But the crash in November 2021 changed everything. After getting sentenced to 3-10 years for DUI and reckless driving, the Raiders cut him off. They took back some of his earnings too.

Compared to NFL stars like Patrick Mahomes and Tom Brady, Ruggs’ wealth was smaller. While others have net worths in the hundreds of millions, Ruggs had made around $11 million. His career and extra deals could have brought in more, but his legal troubles cost him. By 2023, his net worth had dropped to an estimated $4 million, far less than his potential peak.

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