Phillip Adams was an American professional football player who played for Atlanta Falcons, New York Jets, Seattle Seahawks, Oakland Raiders, and the New England Patriots.
On April 8th, 2021, Adams shot himself and died following a standoff with police in Rock Hill, South Carolina.
His was a controversial case that gave him a lot of attention. So read on this article to know more about his life, his net worth, his career, and so on!
Phillip Adams Net Worth
Phillip Adams has an estimated net worth of about $5 Million. In the previous year, he had a net worth of about $4 Million.
Phillip Matthew Adams was a famous American former football player. Phillip played for various teams like the San Francisco 49ers, New England Patriots, and Oakland Raiders in the NFL.
At the time of death, Phillip Adams net worth will be $5 million and towards his last days he earned around $1 million per year.
| Phillip Adams Net Worth & Earning Reports | |
|---|---|
| Name | Phillip Adams |
| Net Worth (2022) | $5 million |
| Net Worth (2021) | $4 million |
| Salary (Yearly) | $1 million |
| Earning Source | Football |
Phillip Adams Earning Sources
Phillip Adam’s main source of earning money was his football career.
The South Carolina native earned over $3.6 million during his six years playing for the NFL.
In 2010, Adams signed with the New England Patriots. This was a $1,848,000 deal with a $57,848 signing bonus. The average salary for his position is $462,000 per year.
In 2012, he signed a 1-year contract with the Seattle Seahawks. There was no signing bonus, and his salary was $540,000 per year.
In 2013, he signed a 1-year contract with the Oakland Raiders, which had a $65,000 signing bonus. His yearly salary was $775,000.
In 2014, Adams signed again with the Seahawks and received a $25,000 signing bonus.
The yearly salary was $795,000. He was quickly released after struggles in the training camp and signed by the New York Jets for a year. His yearly salary was $730,000.
In 2015, Adams signed with the Atlanta Falcons for a year. There was no bonus, but his salary was $745,000.
Therefore, at the time of his death, Phillip Adams had an estimated net worth of $5 Million.
Who is Phillip Adams?
Phillip Adams whose full name is Phillip Matthew Adams (July 20, 1988 – April 8, 2021) was an American football cornerback.
He played college football for the South Carolina State Bulldogs and was drafted in the seventh round of the 2010 NFL Draft by the San Francisco 49ers.
Phillip Adams also played for the New England Patriots, Oakland Raiders, Seattle Seahawks, New York Jets, and Atlanta Falcons.
Phillip Adams Financial Journey
Phillip Adams was selected in the seventh round (224th overall) of the 2010 NFL Draft by the San Francisco 49ers.
In week 16 against the St.Louis Rams on December 26, 2010, he broke his left ankle while blocking on the opening kickoff of the second half.
On September 21, 2011, the New England Patriots signed Adams and Landon Cohen after season-ending injuries to Dan Koppen and Myron Pryor.
He was waived on October 8, then re-signed on October 13 after Mike Wright went on injured reserve.
On October 14, Adams was once again released to make room for Marcus Harrison but was re-signed on October 18. On November 21, Adams recorded his first interception in the NFL.
He was waived again on November 29. On December 20, 2011, Adams was signed by the Seattle Seahawks. He made only one appearance for the Seahawks in 2011.
On August 31, 2012, the Seahawks cut Adams.
On September 1, 2012, Adams was signed by the Oakland Raiders.
Adams signed with the Seahawks again on March 27, 2014. On August 30, 2014, he was released after continued struggles in training camp.
He was claimed off waivers by the New York Jets on September 1, 2014.
Phillip Adams Assets
Phillip Adams is a man with many valuable assets. The most well-known of which is his own home.
Phillip Adams has quite a few houses. One was located in California on 10,000 acres of land. It was a bungalow with ten bedrooms and ten bathrooms.
Phillip Adams also has a car collection and is fond of the latest releases but usually does not drive himself. He is also fond of bikes but it is not known if he owns a bike or not.
Phillip Adams Brand Deals
Phillip Adams is a sports personality no doubt but he is not much into brand deals or endorsements for the public.
He was a man focused on playing good quality football and he liked to entice his audience with his skills and genuine show of his skills in the sport.
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Phillip Adams Real Estate
Phillip Adams, at present, was not into the real estate business directly. He may get interested in it as a business source at a certain point in time when he wants to.
But at present, it does not seem to be the case.
Now he did not seem to have any ventures in the real estate business apart from his own houses.
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Why Phillip Adams is Wealthy?
Phillip Adams has a high net worth and is wealthy enough due to his extreme success as an American football player.
He gradually climbed up the financial ladder to become a millionaire from a family who encouraged him to try on sports.
Phillip Adams earned a huge amount from his professional sports performances as a football player. And since he executed his work so well, he gradually got an increased amount of money when he played.
Gradually but surely he has become a millionaire and his net worth will only grow in the following years.
Thank you for reading this article about Phillip Adams.Do add your thoughts and comments below. Enjoy reading!
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