Damar Hamlin's net worth, salary and fortune spending
Damar Hamlin is an American football safety for the Buffalo Bills of the NFL. He was selected in the sixth round of the 2021 NFL Draft. Due to his impressive prowess on the pitch, many of his fans are curious about how much the athlete bags from what he does best. So, what is Damar Hamlin's net worth, and how does he make money?
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Hamlin captivated the NFL world not only with his athleticism but also with his inspiring comeback story. After suffering a tarrying on-field collapse in 2023, his journey back to the field has been nothing but short of remarkable.
After his recovery, Damar was awarded the George Halas Award for his bravery in adversity. This article explores Damar Hamlin's career achievements and investments before and after the accident.
Damar Hamlin's profile summary and bio
Full name | Damar Romeyelle Hamlin |
Famous as | Damar Hamlin |
Gender | Male |
Date of birth | 24 March 1998 |
Age | 25 years old (2024) |
Zodiac sign | Aries |
Birthplace | McKees Rocks, Pennsylvania, USA |
Nationality | American |
Ethnicity | African-American |
Religion | Christianity |
Alma mater | Central Catholic High School, University of Pittsburgh |
Height | 6’ (183 cm) |
Weight | 200 lbs (91 kg) |
Hair colour | Black |
Eye colour | Dark brown |
Sexuality | Straight |
Marital status | Single |
Profession | Professional NFL player |
Net worth | $3 million |
Social media | InstagramX (Twitter) |
How old is Damar Hamlin?
Damar Hamlin (aged 25 as of 2024) was born on 24 March 1998 in McKees Rocks, Pennsylvania, USA.
The sportsman attended Central Catholic High School in Pittsburgh, where he was named first-team All-State and the Class AAAA Defensive Player of the Year. Hamlin earned a bachelor’s degree in communication from the University of Pittsburgh.
How much is Damar Hamlin’s net worth in 2024?
According to various sources, Damar has an alleged net worth of $3 million. He has amassed this wealth from his successful sporting career, lucrative endorsement deals, savvy investments and thriving business ventures.
Damar Hamlin’s net worth trend
Hamlin’s financial acumen has seen the player’s net worth increase steadily over the years. Below is a breakdown of his net worth since 2019, a testament to his natural talent and zeal.
Year | Net worth |
2019 | $0.7 million |
2020 | $1.1 million |
2021 | $1.5 million |
2022 | $2 million |
2023 | $2.5 million |
2024 | $3 million |
How does Damar Hamlin make his money?
Damar accumulates his income from various endeavours. Here is a glimpse of some of his revenue-generating channels:
Sporting career
After being selected with the 212th overall pick, the Bills player spent most of his rookie season as a backup before becoming a starter in 2022 after a season-ending injury to Micah Hyde.
How much is Damar Hamlin getting paid? Hamlin’s 2021 four-year contract with the Buffalo Bills worth $3,640,476 million guaranteed him a $160,476 signing bonus and an average annual salary of $910,119.
In 2024, he will bag a base salary of $1,055,000 while carrying a cap hit of $1,095,119 and a dead cap value of $40,119. Here is a summary of Damar Hamlin’s contract and salary:
Year | Base annual salary | Total signing bonus | Average cap hit |
2021 | $660,000 | $40, 119 | $700,199 |
2022 | $825,000 | $40, 119 | $856,119 |
2023 | $940,000 | $40, 119 | $980,119 |
2024 | $1,055,000 | $40, 119 | $1,095,119 |
Total | $3,480,000 | $40, 119 | $3,640,476 |
Brand deals and endorsements
While selectively engaging in partnerships, Hamlin has secured brand deals with several big companies, including Nike, PepsiCo and Gatorade.
Business ventures
Damar is a fashion entrepreneur. He launched his clothing line, Chasing Millions, in 2017 while still in university. The company sells and markets apparel, including branded T-shirts and accessories. Damar Hamlin’s merch contributes substantially to his overall revenue.
How does Damar Hamlin spend his money?
Just like his career, the NFL player is keen about how he spends his hard-earned money. Take a look at the assets he has bought so far below.
Real estate
Hamlin reportedly resides in a luxurious apartment near Highmark Stadium in Hamburg, New York. Built in 2021, the chic two-storey apartment allegedly has around bedrooms.
It features a yoga studio, a recreation room, a massive gymnasium, a heated pool, private entrances and attached garages for residents.
Damar Hamlin’s car collection
The athlete boasts luxury cars like a Ferrari 812 Superfast and a Lamborghini Aventador. Additionally, he purportedly owns a private jet.
What happened to Damar Hamlin?
On 2 January 2023, Buffalo Bills’ Hamlin collapsed on the field after colliding with wide receiver Tee Higgins. First responders initiated CPR, and he was transported by ambulance to the University of Cincinnati Medical Centre for further treatment.
Damar later revealed that he had an episode of commotion cordis. In this extremely rare condition, a cardiac arrest happens immediately when an object strikes the chest during a very critical time during a heartbeat.
What is Damar Hamlin’s status? The athlete made a full recovery and has since gone back to playing. He played his first match after the incident on 12 August 2023.
What did Damar Hamlin trademark?
According to TMZ Sports, Damar filed for two trademark applications with the United States Patent and Trademark Office (USPTO) on 6 January 2023 for the phrases ‘’Three is Back’’ and Did We Win?’’ In his application, he states his intention of using the phrases on shirts and other apparel.
Damar Hamlin’s net worth reflects his athletic skillfulness and lucrative contracts. Since he is just starting his professional NBA career, one can only imagine how much wealth the star would have accrued in a few years.
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Source: Briefly News