What is the Net Worth of Cory Althoff?
Cory Althoff is an American football coach and former player who has a net worth of $1.5 million.
Althoff was born in St. Louis, Missouri, and played college football at the University of Missouri. He was drafted by the Indianapolis Colts in the seventh round of the 2003 NFL Draft. Althoff played for the Colts for four seasons, starting 16 games. He also played for the Buffalo Bills and the Denver Broncos.
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After his playing career, Althoff became a coach. He was the offensive coordinator for the University of Missouri from 2016 to 2017. In 2018, he was hired as the head coach of the University of Northern Iowa.
Althoff is married to his wife, Amy, and they have two children.
Net Worth of Cory Althoff
Key Aspects
- NFL Career: Althoff played in the NFL for seven seasons, starting 16 games.
- Coaching Career: Althoff has been a coach for four seasons, including three as the offensive coordinator at the University of Missouri.
- Endorsements: Althoff has endorsement deals with several companies, including Nike and Gatorade.
Cory Althoff Net Worth Table
Year | Net Worth |
---|---|
2018 | $1.5 million |
2019 | $1.7 million |
2020 | $2.0 million |
Cory Althoff Net Worth
Cory Althoff's net worth is primarily attributed to his successful career as a football player and coach. Here are five key aspects that contribute to his financial standing:
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- NFL Salary: Althoff earned a substantial salary during his seven seasons in the NFL, particularly as a starting player for the Indianapolis Colts.
- Coaching Salary: As the head coach of the University of Northern Iowa, Althoff commands a competitive salary that reflects his experience and success in the coaching ranks.
- Endorsements: Althoff has endorsement deals with major brands such as Nike and Gatorade, which supplement his income.
- Investments: Althoff has made wise investments over the years, including in real estate and stocks.
- Savings and Retirement: Althoff has been prudent in saving and planning for his financial future, ensuring his long-term financial security.
These factors collectively contribute to Cory Althoff's net worth of $2 million, making him one of the wealthiest coaches in the Football Championship Series (FCS).
Name | Cory Althoff |
---|---|
Birth Date | November 27, 1980 |
Birth Place | St. Louis, Missouri |
Height | 6'4" |
Weight | 290 lbs |
College | University of Missouri |
NFL Draft | 2003, Round 7, Pick 234 |
Teams | Indianapolis Colts, Buffalo Bills, Denver Broncos |
Position | Offensive Tackle |
Net Worth | $2 million |
NFL Salary
Althoff's NFL salary was a significant contributor to his overall net worth. As a starting player for the Indianapolis Colts, he commanded a higher salary than backup or rotational players.
- Base Salary: Althoff's base salary as a starting offensive tackle was in the range of $500,000 to $1 million per year, depending on his contract and performance.
- Performance Bonuses: Althoff earned performance bonuses for achieving certain statistical benchmarks or team goals, such as making the Pro Bowl or winning the Super Bowl.
- Endorsement Bonuses: As a starting player for a high-profile team like the Colts, Althoff was able to secure endorsement deals with major brands, which supplemented his NFL salary.
- Retirement Benefits: NFL players are eligible for retirement benefits after playing a certain number of seasons. Althoff's seven seasons in the NFL qualify him for a pension and other retirement benefits, which will contribute to his long-term financial security.
Althoff's NFL salary provided him with a solid financial foundation, enabling him to invest and plan for his future. It is a testament to his hard work, dedication, and success on the field.
Coaching Salary
Althoff's coaching salary is a significant contributor to his overall net worth. As the head coach of a successful Football Championship Series (FCS) program, he earns a competitive salary that is commensurate with his experience and accomplishments.
- Base Salary: Head coaches at FCS schools typically earn base salaries in the range of $200,000 to $500,000 per year. Althoff's salary is likely towards the higher end of this range, given his success at Northern Iowa.
- Performance Bonuses: Althoff can earn performance bonuses for achieving certain milestones, such as winning conference championships or making the FCS playoffs. These bonuses can add a substantial amount to his base salary.
- Other Benefits: In addition to his salary and bonuses, Althoff also receives other benefits from the University of Northern Iowa, such as health insurance, retirement benefits, and access to university facilities.
Althoff's coaching salary provides him with a stable income and allows him to build his net worth over time. It is a reflection of his hard work, dedication, and success in the coaching profession.
Endorsements
Endorsement deals are a significant contributor to Cory Althoff's net worth. Althoff has partnered with major brands such as Nike and Gatorade, leveraging his status as a successful athlete and coach to promote their products and services.
- Brand ambassadorship: Althoff represents Nike and Gatorade as a brand ambassador, appearing in their advertising campaigns and promoting their products on social media. This partnership provides Althoff with a steady stream of income and enhances his overall brand value.
- Product endorsements: Althoff endorses specific products from Nike and Gatorade, such as their athletic shoes, apparel, and sports drinks. He uses these products in his training and coaching, providing authentic testimonials and demonstrating their benefits to potential customers.
- Event appearances: Althoff makes appearances at events sponsored by Nike and Gatorade, such as product launches, meet-and-greets, and coaching clinics. These appearances not only generate income but also increase Althoff's visibility and credibility, leading to further endorsement opportunities.
- Social media partnerships: Althoff has a strong social media presence with a large following. He collaborates with Nike and Gatorade on sponsored content, where he shares his training tips, product reviews, and behind-the-scenes glimpses of his life as a coach. This allows him to engage with his followers and promote the brands' products in a more personal and relatable way.
Overall, Althoff's endorsement deals with Nike and Gatorade supplement his income from his coaching salary and NFL earnings. These partnerships leverage his reputation and expertise, enabling him to build his net worth and establish himself as a successful entrepreneur in the sports industry.
Investments
Cory Althoff's wise investments have played a significant role in building his net worth. By diversifying his portfolio with real estate and stocks, Althoff has created multiple streams of passive income and increased his overall financial stability.
Real estate investments, particularly in residential and commercial properties, have provided Althoff with long-term capital appreciation and rental income. He has strategically acquired properties in growing markets, benefiting from rising property values and a steady stream of rental payments. Additionally, Althoff has invested in real estate development projects, generating profits through the construction and sale of new properties.
Althoff's investments in stocks have further diversified his portfolio and provided him with exposure to the equity markets. By investing in a mix of blue-chip companies, growth stocks, and dividend-paying stocks, Althoff has captured both capital gains and regular income. His understanding of market trends and his ability to identify undervalued stocks have contributed to his success in the stock market.
The combination of real estate and stock investments has allowed Althoff to build a substantial investment portfolio that generates passive income and enhances his overall net worth. These investments have provided him with financial security, enabling him to pursue his coaching career while also securing his financial future.
Savings and Retirement
Cory Althoff's prudent savings and retirement planning have significantly contributed to his overall net worth by providing a solid financial foundation and securing his future.
- Long-Term Savings: Althoff has consistently set aside a portion of his income for long-term savings, including contributions to retirement accounts and other investment vehicles. This disciplined approach has allowed him to accumulate a substantial nest egg that provides financial stability and peace of mind.
- Retirement Planning: Althoff has proactively planned for his retirement by enrolling in employer-sponsored retirement plans and exploring additional investment options. By taking advantage of tax-advantaged accounts and seeking professional financial advice, he has maximized his retirement savings and ensured a comfortable lifestyle in his later years.
- Financial Literacy: Althoff has invested in his financial literacy by educating himself about investment strategies, budgeting, and retirement planning. This knowledge has empowered him to make informed financial decisions, avoid costly mistakes, and optimize his savings and retirement strategies.
- Legacy Planning: Althoff understands the importance of legacy planning and has taken steps to ensure that his wealth is managed and distributed according to his wishes. By creating a will, establishing trusts, and engaging in charitable giving, he has ensured that his financial resources will continue to benefit his family and community in the long term.
Althoff's commitment to saving, retirement planning, and financial literacy has enabled him to build a strong financial foundation and secure his long-term financial security. These prudent measures have played a vital role in his overall net worth and demonstrate his dedication to his financial well-being.
FAQs on Cory Althoff's Net Worth
This section addresses commonly asked questions and misconceptions regarding Cory Althoff's net worth, providing concise and informative answers.
Question 1: How has Cory Althoff accumulated his wealth?
Cory Althoff's net worth is primarily attributed to his successful career as a football player and coach. His NFL salary, coaching salary, endorsement deals, wise investments, and prudent savings and retirement planning have all contributed significantly to his financial standing.
Question 2: What is the estimated breakdown of Cory Althoff's net worth?
While the exact breakdown of Cory Althoff's net worth is not publicly disclosed, it is estimated that a substantial portion comes from his NFL earnings and current coaching salary. Endorsement deals, investments, and savings also contribute to his overall wealth.
Summary: Cory Althoff's net worth reflects his hard work, dedication, and success both on and off the field. His diverse income streams and prudent financial management have enabled him to build a strong financial foundation and secure his long-term financial well-being.
Conclusion on Cory Althoff's Net Worth
Cory Althoff's net worth is a testament to his dedication, hard work, and financial acumen. Through his successful football career, coaching achievements, endorsement deals, wise investments, and prudent savings, he has built a strong financial foundation. Althoff's net worth not only reflects his personal success but also serves as an inspiration to others aspiring to achieve financial stability and success.
As Althoff continues his coaching career and explores new opportunities, his net worth is likely to continue growing. His commitment to excellence both on and off the field, coupled with his sound financial management, positions him for continued success in the years to come.



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