Caleb Williams, the prodigious quarterback selected by the Chicago Bears as the first overall pick in the 2024 NFL draft, has made headlines not only for his skills on the field but also for his financial moves.
He signed a four-year, nearly $40 million contract with the popular team, including a hefty signing bonus. However, his business focus extends beyond football; he recently launched 888 Midas.
Additionally, during his contract negotiations, he attempted to innovate by proposing that his salary be funneled through an LLC to gain tax benefits, though the National Football League rejected this structure.
What is Caleb Williams’ net worth?
The dynamic quarterback for the Chicago Bears, Caleb Williams, has an incredible fortune for someone so young. Marca and Essentially Sports confirmed that by 2025, the NFL star has a net worth of $3.5 million.
Caleb Williams of Chicago Bears looks on during the NFL match between Jacksonville Jaguars and Chicago Bears at Tottenham Hotspur Stadium on October 13, 2024. (Source: Richard Heathcote/Getty Images)
This figure comes primarily from his earnings through Name, Image and Likeness (NIL) deals during his college career, where he earned around $10 million through contracts with brands like Beats by Dre, Wendy’s and Fanatics.
In 2024, he signed a four-year, $39.5 million contract with the Chicago Bears, which included a $25.5 million signing bonus. In addition to this and his sponsorships, he has made strategic investments in luxury real estate.
Looking to the future, industry projections suggest that his bank account could exceed $1 billion by the time he turns 30, reflecting his ability to generate income from both sponsorships and future business ventures.
Caleb Williams’ investments
Caleb Williams has started to diversify his income, with investments in luxury real estate and a focus on future business opportunities, such as the recent creation of his own investment firm, 888 Midas.
Caleb Williams #18 of the Chicago Bears throws a pass against the Seattle Seahawks during the second quarter at Soldier Field on December 26, 2024. (Source: Quinn Harris/Getty Images)
This is an investment firm focused on private equity, venture capital, and real estate. These initiatives and ideas reflect his strategic approach to building a solid financial future by seizing opportunities.
During the negotiations of his contract with the Bears, he proposed that his salary be channeled through an LLC. However, the NFL rejected this structure due to federal regulations that define his contractual relationship as employer-employee.
This success off the field shows that he is building a financial future that extends beyond his sports career. With his talent, intelligence and business vision, he is shaping up to be one of the great stars and entrepreneurs.
Caleb Williams’ successful career
Caleb Williams has achieved impressive success at a young age, becoming one of the most promising players in the NFL. His rise began at University of Southern California (USC), where he stood out as a quarterback.
Caleb Williams #18 of the Chicago Bears looks on prior to the game against the Green Bay Packers at Soldier Field on November 17, 2024. (Source: Michael Reaves/Getty Images)
During his time in college, he earned recognition for his skill, game vision, and ability to handle pressure, which led him to win the prestigious Heisman Trophy in 2022, the highest honor for a college player.
This success on the field allowed him to solidify his position as one of the most sought-after prospects in the 2024 NFL draft, where he was selected by the Chicago Bears as the first overall pick.
This milestone not only highlighted his talent but also his ability to influence the narrative of the sport, as he was considered one of the most complete quarterbacks of his generation.
