Arik Armstead, a defensive end for the San Francisco 49ers, amassed a net worth of $26.8 million or more during his seven-year NFL career.
Armstead signed a five-year extension contract with the San Francisco 49ers worth $85 million in March 2020.
Arik’s most significant contribution to his team was ten sacks, which helped propel the 49ers to the 2019 Super Bowl.
Guss and Christa Armstead gave birth to this athletic phenomenon on November 15, 1993.
Armond Armstead, Arik’s elder brother, supported and mentored him throughout his career, in addition to his parents.
Armond is also a fantastic footballer and a proud brother.
Arik Armstead is a football player from the United States.
Arik began playing football at Pleasant Grove High School in Elk Grove, California.
Armstead also played basketball in high school, in addition to football. But he kept playing football and committed to playing in college.
Finally, Arik was selected in the first round of the 2015 NFL Draft by the San Francisco 49ers.
Arik’s NFL career took off like nothing else after that. Arik is now living his dream, as well as his brother Armond’s, of becoming an NFL player.
Arik, a dedicated athlete, is one of the brightest NFL stars who actively contribute to society in various ways.
Contract | Salary | Net Worth | Arik Armstead
Arik, the athletic soul, earns the majority of his money through football. Armstead, in addition to playing football, is an active brand endorser.
Endorsements and sponsors are likely to increase his net worth.
Armstead signed a four-year, $9.84 million contract with the San Francisco 49ers on May 16, 2015.
In his rookie year in 2015, Arik earned $5,888,257 in total earnings. Armstead, on the other hand, earned $882,392 in 2016.
His annual earnings increased to $1,329,785 in 2017 and $1,777,177 the following year.
In 2019, the rising star Arik’s annual earnings increased to $9,046,000.
Then a fortune came knocking on Armstead’s door.
An Extension of Five Years
Armstead was given a five-year extension worth $85 million in 2020.
Armstead earned $20,000,000 that year, $17,500,000 of which was a signing bonus.
Arik earned $15 million in 2021 and is expected to earn another $15 million in 2022 under his new contract. Armstead will receive $16,740,000 in 2023 and $18,260,000 in 2024.
Apart from that, Armstead earns $250,000 per year from endorsements.
Arik Armstead has a total net worth of $26.8 million as of early 2022, which is expected to grow in the coming years through various ventures.
Arik Armstead’s Net Worth in Different Currencies
Let us examine Arik Armstead’s net worth in various currencies, including the cryptocurrency BitCoin.
Net Currency Worth
Arik Armstead | Lifestyle | Homes | Automobiles
There isn’t much information available about Armstead’s lifestyle, such as how much his house/apartment costs, how tall his house is, and which car he drives.
Based on his net worth, Arik is most likely living a comfortable life. However, for various reasons, his lifestyle is currently hidden from fans and followers.
However, we can often get a glimpse of Arik’s personal life through his social media accounts, such as Instagram.
On Instagram, for example, we can see Arik spending quality time with his beloved wife Mindy in beautiful settings.
Instead of flaunting his lavish lifestyle, Arik is dedicated to bringing about positive social change.
Aside from being a football player, Arik is an outspoken advocate for societal injustices.
Arik Armstead | Donation | Charity
Arik, the generous player, has been donating his time and money to those in need.
Armstead was one of the most active contributors to the COVID relief program last year.
He gave Mercy Housing $50,000 of his own money and raised $200,000 with Bayside Church to assist students taking online classes.
The donation provided 350 Chromebooks as well as one year of internet service to families with multiple students.
Furthermore, the donation included education kits that included books and supplies.
The package also included healthy snacks for children who were unable to attend school due to the pandemic and relied on school lunches.
Arik is aware of the scarcity of quality education and food for low-income families and communities.
Academic Project Armstead
Armstead established the Armstead Academic Project in 2019 to promote educational equality. The Armstead Academic Project’s mission is to
“ENSURE THAT ALL STUDENTS, REGARDLESS OF SOCIOECONOMIC STATUS, HAVE DIRECT ACCESS TO QUALITY EDUCATION THROUGH A POSITIVE LEARNING ENVIRONMENT AND THE RESOURCES NEEDED TO THRIVE AND BE SUCCESSFUL.”
Furthermore, AAP provides a variety of programs to assist and empower vulnerable and underserved students, such as educational and creative workshops, scholarships, and school supply programs.
Arik is well aware that his success today is due to his excellent education and participation in sports.
As a result, he wishes to provide similar opportunities to less fortunate students in his hometown.
Aside from food and education, Arik is eager to help with the hiring process in the employment sector.
Millions of people lost their jobs due to the pandemic last year in 2020. Unfortunately, the problem is not only job losses, but also hiring biases.
Arik has partnered with Humanly, a platform that selects and schedules job interviews on a large scale, to bring equality to the hiring process.
Armstead, a philanthropic footballer, strongly believes in and advocates for the if-not-me-then-who approach.
Endorsements and Sponsorship
According to Forbes, Arik was ranked #59 on the list of the world’s highest-paid athletes in 2020. In addition, he earned $250,000 in 2020 through various endorsements.
Furthermore, Nike and Toyota Motors are the primary sponsors of this social activist.