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.

Published by

By richard tovar

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 News: Former Super Bowl Champion issues strong statement about Chiefs QB Patrick Mahomes
NFL

NFL News: Former Super Bowl Champion issues strong statement about Chiefs QB Patrick Mahomes

Canelo Alvarez and Terence Crawford face bold prediction from top contender
Boxing

Canelo Alvarez and Terence Crawford face bold prediction from top contender

NFL News: Lions HC Dan Campbell reveals where his team needs to improve to reach the Super Bowl
NFL

NFL News: Lions HC Dan Campbell reveals where his team needs to improve to reach the Super Bowl

MLB News: Red Sox bolster bullpen with strategic trade for Twins pitcher
MLB

MLB News: Red Sox bolster bullpen with strategic trade for Twins pitcher

Better Collective Logo