Jim McMahon is another former professional football player with a successful career behind him. Jim McMahon net worth is $10 million, and his financial success is just one facet of his intriguing life.
He is the most memorable figure in NFL history; it is no surprise that McMahon has amassed a considerable fortune over his illustrious career.
What is Jim McMahon net worth?
Jim McMahon’s professional career spanned over 15 seasons in the NFL, where he showcased his talent and skills as a quarterback. It was during the memorable 1985 season that McMahon truly shined on the field.
Leading the Chicago Bears to their first-ever Super Bowl title, McMahon left an indelible mark on football history with his superb performance and leadership abilities. He played for iconic teams like the Chicago Bears and the Green Bay Packers.
McMahon’s success culminated in 1996 when he clinched his second Super Bowl title with the Green Bay Packers, marking a high point in his impactful career.
Early Life and High School
The legendary quarterback Jim McMahon Jr. was born on August 21, 1959, in Jersey City, New Jersey. At the tender age of three, Jim moved to San Jose, California, setting the stage for his remarkable journey in the world of sports.
McMahon was active in sports growing up and played football during his freshman and sophomore years at Andrew Hill High School. Completion of Secondary Education: He completed his high school education at Roy High School in Roy, Utah, graduating in 1977.
Jim McMahon has participated in charity events hosted by the Boomer Esiason Foundation (BEF). He has attended and supported the annual Boomer Esiason Foundation Golf Classic, which raises funds and awareness for cystic fibrosis research.
The Boomer Esiason Foundation is owned by Boomer Esiason, a retired American football quarterback and current network/radio sports commentator with a net worth of $20 million.
Biography
| Full Name | James Robert McMahon Jr. |
| Net Worth | $10 million |
| Nickname | “Jim”, “The Punky QB” |
| Date of Birth | August 21, 1959 |
| Place of Birth | Jersey City, New Jersey, USA |
| Height | 6 feet 1 inch (1.85 meters) |
| Weight | Approximately 190 lbs (86 kg) |
| College | Brigham Young University (BYU) |
| NFL Draft | 1982, Round 1, Pick 5 (Chicago Bears) |
| Position | Quarterback |
| NFL Teams | Chicago Bears (1982–1988) San Diego Chargers (1989) Philadelphia Eagles (1990) Minnesota Vikings (1993) Arizona Cardinals (1994) |
| Super Bowl Wins | 2 (Super Bowl XX with Chicago Bears, Super Bowl XXXI with Green Bay Packers) |
Collegiate Career
| College | Brigham Young University (BYU) |
| Years Played | 1977–1981 |
| Position | Quarterback |
| Head Coach | LaVell Edwards |
| Career in College | Set numerous NCAA passing records during his tenure at BYU Passed for over 4,500 yards and 47 touchdowns in his senior year (1981) |
| Awards and Honors | First-team All-American (1980, 1981) Winner of the Davey O’Brien Award (1981) WAC Offensive Player of the Year (1980, 1981) |
San Diego Chargers
Jim McMahon’s move to the San Diego Chargers in 1989, as he parted ways with the Chicago Bears amidst major tensions with team leadership. The strained relationship with Bears’ president Michael McCaskey and head coach Mike Ditka ultimately led to McMahon seeking a fresh start on the West Coast.
Mike Ditka is a former football player and coach who has worked for several teams in the NFL. He has won Super Bowl titles, both as a player and a coach. His net worth is $30 million.
In leadership of the Chargers, McMahon could not elevate the struggling team’s performance. The 1989 season proved challenging for both him and the Chargers, who finished with a disappointing 6-10 record.
They had conflicts with teammates, front office staff, and head coach Dan Henning. Due to these issues, he was released from the Chargers after just one season.
Philadelphia Eagles
Jim’s signing with the Philadelphia Eagles in 1990 brought a wave of renewed enthusiasm to the team. McMahon seemed revitalised in his new role after a lacklustre period with the San Diego Chargers.
His leadership on and off the field breathed new life into the Eagles, igniting a spark that propelled them to a commendable 10-6 record for the 1990 season. His resilience and determination were fully displayed when he clinched the NFL Comeback Player of the Year Award in 1990.
After his award-winning season, he entered a backup role with the Eagles, showcasing McMahon’s selflessness and commitment to team success.
Personal Life
Jim married Nancy Daines in 1982, whom he met while they were both students at BYU. The couple had four children together.McMahon and Nancy Daines divorced in 2009. After his divorce, McMahon was in a relationship with Laurie Navon and Mayra Montoya.
Legal Troubles
The DUI incident in 2003 involving Jim McMahon shed light on the darker side of his personal struggles despite his success in football. In 2003, McMahon was caught driving under the influence in Florida. In 2012, he was among those targeted in connection to Chicago’s Broadway Bank for making $104 million in bad loans.
Real Estate
His recent real estate transaction in Scottsdale, Arizona. Purchasing the home for $1.224 million in 2010 and selling it for $2.045 million in 2021. This successful investment reflects McMahon’s keen eye for profitable opportunities outside of his football career.
Conclusion
Jim’s successful football career and business ventures have contributed to his impressive net worth. His journey from the NFL to entrepreneurship highlights his resilience and adaptability in different fields.
McMahon has built a substantial financial portfolio despite facing challenges on and off the field. With a net worth estimated in the millions, he continues to impact the sports world and business community.
FAQs
How much did Jim McMahon make in the NFL?
Jim McMahon makes an average annual salary of $770,000.
Is Jim McMahon a Hall of Famer?
McMahon was inducted into the College Football Hall of Fame in 1998.
What does Jim McMahon do now?
He is launching a cannabis line, Revenant, in Illinois.