Derek Wolfe was an American football defensive end who played for the Baltimore Ravens of the National Football League (NFL). He was born on February 24, 1990, in Lisbon, Ohio, and attended Beaver Local High School. After graduating high school, Wolfe played college football at the University of Cincinnati, where he was a standout defensive lineman.
In 2012, Wolfe was drafted by the Denver Broncos in the second round of the NFL Draft. He played for the Broncos from 2012 to 2019 and was an important part of their Super Bowl 50-winning team in the 2015 season.
Name | Derek Wolfe |
Net Worth | $4 million |
Age | 33 Years |
Residence | Denver, Colorado |
Position | Defensive End |
Marital Status | Married |
Source of Wealth | Professional football player |
Salary | $500 Thousand Per Year |
Endorsements | Nike, Gatorade, and Beats by Dre. |
Endorsement Earnings | Unknown |
How much is Derek Wolfe’s Net Worth in 2023?
It is estimated that Derek Wolfe’s Net Worth is around $4 million.
Wolfe has earned this net worth primarily through his successful football career. He has played for two NFL teams - the Denver Broncos and the Baltimore Ravens - and has been a consistent contributor on the defensive line throughout his career. Wolfe has also earned income from endorsement deals and other business ventures.
He is currently a sports radio host and said he is looking to "try to live a normal life."
Derek Wolfe’s Salary
Derek earned a total of $32,030,035 Million as his salary. Here is how much he earned each year :
Year | Team | Salary |
2012 | Denver Broncos | $390,000 |
2013 | Denver Broncos | $480,000 |
2014 | Denver Broncos | $710,017 |
2015 | Denver Broncos | $1,100,018 |
2016 | Denver Broncos | $4,500,000 |
2017 | Denver Broncos | $5,500,000 |
2018 | Denver Broncos | $8,000,000 |
2019 | Denver Broncos | $8,000,000 |
2020 | Baltimore Ravens | $2,250,000 |
2021 | Baltimore Ravens | $1,100,000 |
Wolfe signed a one-year contract with the Baltimore Ravens in March 2020, which included a $3 million base salary and additional incentives based on his performance. This contract represented a decrease in salary from his previous contract with the Denver Broncos, where he had a base salary of $8 million per year.
Derek Wolfe’s Endorsements
In the past, Derek Wolfe has been endorsed by companies such as Nike, Gatorade, and Beats by Dre. He has also been featured in commercials for Subway, as well as in a television show called "Tanked."
It is worth noting that athletes' endorsements can change frequently and depend on various factors, such as their performance on the field, marketability, and personal preferences.
As Derek Wolfe is not playing in the NFL anymore, it is not known if the endorsements are still active. However, with a cutoff in September 2021, it is estimated that Derek Wolfe's endorsement earnings were around $200,000 per year.
Derek Wolfe’s Investments
There is no information about Derek Wolfe's current investment portfolio or financial information. However, it's not uncommon for professional athletes to invest their earnings in various assets to help diversify their income streams and prepare for their post-career life.
Some common investment strategies for athletes include real estate, stocks, and business ventures. Real estate investments can include rental properties, commercial buildings, or even investing in real estate development projects. Athletes may also invest in stocks or mutual funds, which can provide a relatively stable return over time. Finally, some athletes may choose to invest in their own businesses or partner with other entrepreneurs to start new ventures.
It's worth noting that investment decisions can be complex and require a deep understanding of financial markets and risk management. Therefore, athletes often work with financial advisors to help them make informed investment decisions that align with their long-term goals and risk tolerance.
Derek Wolfe’s Other Sources of Income
Derek Wolfe's other sources of income besides his NFL salary and potential endorsement deals can include investments, business ventures, and appearances.
Investments can provide a source of passive income for athletes, and Wolfe may have invested in various assets such as real estate, stocks, and mutual funds. He may also have started his own business or invested in others' ventures, which can provide additional income streams.
Athletes like Wolfe may also earn income from appearances, such as speaking engagements or signing autographs at events. They may also receive royalties for merchandise, such as jerseys or other products that bear their name or likeness.
Derek Wolfe’s House
The NFL defensive end owns a 4-bed, 5-bath house in Lone Tree, Colorado (CO), US.
Wolfe purchased the house in 2017 for $2,344,217.
Currently, there is limited information about Derek Wolfe’s houses but it is possible that Wolfe owns multiple properties, including primary residences, vacation homes, or investment properties.
Professional athletes, particularly those with high net worth, may own multiple homes in different locations, depending on their personal preferences and lifestyle. Some athletes may choose to invest in real estate, either by purchasing properties to rent out or by flipping homes for a profit.
Derek Wolfe’s Cars
Derek Wolfe’s car collection includes:
Ford F-150 Ranger Raptor
The Ford Ranger Raptor is a mid-size pickup truck that was first introduced in 2018. It is based on the international Ford Ranger platform and is designed for off-road use. It has a high-performance suspension system and all-terrain tires, as well as features such as a Terrain Management System and a reinforced frame. The Ranger Raptor is not currently available in the United States, but it is sold in other markets around the world.
Dodge Ram
Over the years, the Dodge Ram has undergone various design and performance upgrades. Today, the Ram lineup includes several models, including the Ram 1500, Ram 2500, and Ram 3500. These trucks are designed for different types of use and are available in a variety of trims, including off-road models and high-performance versions.
Some of the features that are common in the Ram lineup include spacious and comfortable interiors, powerful engines, and advanced technology features such as large touchscreens, smartphone integration, and driver assistance systems. The Ram lineup is also known for its towing and hauling capabilities, making it a popular choice for businesses and individuals who need to transport heavy loads.
Derek Wolfe’s Charity Work
Derek Wolfe has been involved in various charity works throughout his career, supporting causes such as education, health, and youth development. Here are some examples of his philanthropic efforts:
Wolfe's Pack Gives Back: In 2015, Wolfe and his wife, Abigail, launched Wolfe's Pack Gives Back, a charitable foundation aimed at supporting organizations that promote education, health, and youth development. The foundation has partnered with various organizations, including Boys & Girls Clubs, Children's Hospital Colorado, and Denver Public Schools.
Backpacks for Kids: Wolfe has been involved in the Backpacks for Kids program, which provides backpacks filled with school supplies to underprivileged children in the Denver area. In 2019, Wolfe and his wife helped distribute backpacks to children at a local Boys & Girls Club.
Tackle Sickle Cell: Wolfe has also been a supporter of the Tackle Sickle Cell campaign, which aims to raise awareness and funds for sickle cell research. Wolfe has been personally affected by sickle cell disease, as his uncle died from complications related to the condition.
Military Appreciation: Wolfe has also shown his support for members of the military by participating in events such as USO tours and providing tickets to service members and their families for Broncos games.
Overall, Derek Wolfe has demonstrated a commitment to giving back to his community and supporting causes that are important to him. His charitable efforts serve as an example for other professional athletes and individuals to use their platforms and resources to make a positive impact.