College Football

Heisman Trophy 2022 prize money: How much does the winner get?

The Heisman Trophy winner gets not only a big award but also an extra push for the NFL teams to notice him and thus he can sign a million-dollar contract.

DeVonta Smith won the Heisman Trophy as Wide Receiver
© Getty ImagesDeVonta Smith won the Heisman Trophy as Wide Receiver

Most Heisman Trophy winners become millionaires by signing contracts with NFL Teams since most of the winners are considered top picks.

But other Heisman winners don’t play as well in the NFL as they did during their college years and that means their pro career will end faster than normal.

Lamar Jackson and Kyler Murray are millionaire quarterbacks thanks to their top college careers and the boost they got from winning the Heisman Trophy.

Advertisement

Do they pay the Heisman Trophy winner something?

No, there is no cash prize related to the Heisman Trophy. But the winners of said trohpy have higher odds of signing pro contracts with any NFL team.

The only way a Heisman winner will get money from the trophy is if he sells the award after winning it but it won’t be worth the same as other players who sold their trophies after a couple of NFL seasons.

Advertisement

The 2021 winner was Bryce Young, he’s considered a top quarterback but he’s not playing in the NFL yet, while other top college players like Joe Burrow made it to the Super Bowl a couple of years after winning the Heisman Trophy.

ALSO READ
NFL insider suggests who the Steelers should choose as QB between Aaron Rodgers and Malik Willis in 2026
NFL

NFL insider suggests who the Steelers should choose as QB between Aaron Rodgers and Malik Willis in 2026

Winter Olympics hockey bracket set: When can Team USA and Canada play each other at Milano Cortina 2026?
NHL

Winter Olympics hockey bracket set: When can Team USA and Canada play each other at Milano Cortina 2026?

Jaxson Dart reached out to Patrick Mahomes, Travis Kelce as NY Giants made bold decision for 2026
NFL

Jaxson Dart reached out to Patrick Mahomes, Travis Kelce as NY Giants made bold decision for 2026

Andy Reid receives warning about Patrick Mahomes from former NFL quarterback
NFL

Andy Reid receives warning about Patrick Mahomes from former NFL quarterback

Better Collective Logo