John Madden's net worth

John Madden's net worth is estimated at approximately $__ million.

Early life

John Madden was born in Austin, Minnesota, on April 10, 1936. His parents were Earl, an auto mechanic, and Mary. He spent most of his youth in a small town south of San Francisco, where his father moved to find work.

John was a talented, versatile young athlete who showed promise in both offensive and defensive positions. He also proved to be a talented baseball player.

Education

In his early years, John attended the Catholic parochial school at Our Lady of Perpetual Help. He graduated in 1950. Later, he attended Jefferson High School, where he graduated in 1954.

Madden was given a football scholarship to the University of Oregon in 1954 to study pre-law. This was after a one-season stint at the College of San Mateo.

He then attended Grays Harbor College in 1956, then transferred to Cal Poly in San Luis Obispo. He graduated in 1959 with a B.S. in education. Two years later, he graduated from the same institution with a Master of Arts in education. Madden's senior research project at Cal Poly focused on using weights to increase strides and speed in athletic training.

Family life

After meeting the love of his life at a bar in Pismo Beach, California, Madden married Virginia Fields on December 26, 1959. The couple had two sons, Michael (born in 1964) and Joseph (born in 1966).

Joseph played football at Brown University, while Michael attended Harvard University, where he started as a receiver on the football team. Michael and Joseph lived private lives away from the spotlight, so little is known about them.

Two days before John Madden's death, the couple had celebrated their 62nd wedding anniversary.

How did John Madden build his net worth?

John Madden’s football career started in high school. He won all-conference honors at offensive tackle and was a catcher on Cal Poly’s baseball team. In 1957, he was selected by United Press International for Little All-Coast Second Team accolades following his junior season. In 1958, Madden was drafted in the 21st round (244th overall) by the NFL’s Philadelphia Eagles. Unfortunately, in October of his senior year, he suffered a season-ending collarbone injury. Despite this, on January 3, 1959, Madden played in the All-American Bowl in Tucson, Arizona but injured hisAs a result, he. His career ended without having the opportunity to play professionally in a regulation game.

In 1960, he became an assistant coach at Allan Hancock College in Santa Maria, California. Two years later, he was promoted to head coach.

In 1967, Madden was hired by Al Davis as a linebacker coach for the AFL’s Oakland Raiders. He helped the team reach Super Bowl II that season. Following the resignation of Raiders’ head coach John Rauch, Madden was named head coach on February 4, 1969, at 32, becoming professional football’s youngest head coach.

His significant accomplishments as head coach included winning a Super Bowl and becoming the youngest coach to reach 100 career regular-season victories—a record he compiled in only ten full seasons of coaching at the age In addition, of 42. Madden still holds the title of the coach with the most wins in Raiders history. Having never had a losing season as a head coach, Madden ranks second in league history behind Guy Chamberlin.

Upon his retirement in 1979 as a coach, Madden began his career as a broadcaster, earning as much as $8 million a year. He joined CBS as a color commentator in 1979. He was promoted to the network’s top football broadcasting team until 1993. In 1994, Madden and Summerall joined Fox’s NFL coverage giving the network credibility to broadcast what Rupert Murdoch called “the crown jewel of all sports programming in the world.” Madden’s contract paid him more annually than any NFL player.

In 1997, he created an All-Madden Super Bowl Team and an All-Time All-Madden team in 2000. Madden also authored books, among them, “All Madden,” “Hey, Wait A Minute? I Wrote a Book,” and “One Knee Equals Two Feet.”

Between 2002 and 2005, Madden joined ABC’s Monday Night Football as a commentator, reportedly making $5 million yearly. He was the first broadcaster to earn a $1 million salary. From 2006 through 2008, Madden joined NBC Sports to provide color commentary for NBC’s Sunday night NFL game.

Madden appeared in various radio and television commercials, including for Ace Hardware, Outback Steakhouse, Verizon Wireless, Rent-A-Center, Miller Lite, Toyota, Sirius Satellite Radio, and “Tough Actin” Tinactin. Madden won critical acclaim and fourteen Sports Emmy Awards for Outstanding Sports Event. In addition, he was one of the first entertainers to earn more than $1 million yearly from endorsements.

However, Madden’s actual cash cow was an agreement with EA Sports to sell NFL video games bearing his name and image. Between 2005 and 2009, he earned roughly $2 million per year for his involvement with video games. He also received $150 million for allowing EA Sports to use his name and likeness on the video games in perpetuity.

How has John Madden spent his wealth?

In 1984, Madden created the “All-Madden” team. 10 years later, he made a special 10th Anniversary All-Madden team. Unfortunately, his tangible assets are not documented.

We know that Madden was thoroughly engaged in philanthropy — not only did he host an annual bocce tournament that raised money for both the Special Olympics and diabetes research, but Madden also began funding six scholarships to his alma mater, Cal Poly, for students graduating from various East Bay high schools, starting in September 2021.

The Madden family announced that Madden had donated a vast contribution toward a $30-million football facility on the Cal Poly campus. The John Madden Football Center will contain all-new lockers, strength and conditioning facilities, a nutrition center, offices, training rooms, and a film-review theater for the team’s coaches, players, and trainers. The facility's entrance is adjacent to the university’s memorial for the 1960 airline crash victims, many of whom were friends of Madden.

FAQs

How rich is John Madden?

Although Madden has now passed away (December 28, 2021, at the age of 85), he left behind a considerable wealth of approximately $200 million. He is also entitled to annual royalties in compensation, which are estimated to be in the millions, as he allowed EA to use his name and likeness indefinitely.

Was John Madden born rich?

Little is known about Madden's early life, but given his father worked as an auto mechanic, it is fair to assume that he came from relatively humble beginnings.