Urban Meyer’s journey from the football field to financial triumph has been nothing short of remarkable. Meyer, renowned for his coaching skills, has not only left an indelible imprint on the sports world, but he has also amassed a substantial fortune. This article explores the various factors that have contributed to Urban Meyer’s wealth, including his coaching career, endorsements, and entrepreneurial endeavors.
Urban Meyer Net Worth
According to sources, Urban Meyer’s net worth in 2023 is between $35 and $40 million. Meyer’s coaching days may be over, but he is still a highly respected broadcaster and will likely continue to earn a living in that capacity for a considerable amount of time. The preponderance of Meyer’s wealth, however, comes from his coaching career.
Urban Meyer’s football coaching career began modestly, but he rapidly rose to become one of the best college football coaches in the country.
Meyer began his coaching career as the defensive backs coach at St. Xavier High School (Ohio) prior to becoming a graduate assistant at Ohio State. Meyer served as an assistant coach for a little over a decade at Illinois State, Colorado State, and Notre Dame, among others.
Meyer’s offensive knowledge and schemes made him an attractive candidate for the position of head coach, despite his expertise on both sides of the ball. He was given his first opportunity with Bowling Green, where he promptly transformed the program into a winner.
Meyer’s next job was as the football coach for the University of Utah, and it was during this time that he emerged into the national spotlight. His spread offenses were unstoppable, and Meyer was instrumental in quarterback Alex Smith being selected first overall in the 2005 NFL Draft. Meyer became known as a type of quarterback whisperer due to the success of his quarterbacks under his tutelage.
Coaching History: Florida, Ohio State
Meyer earned a reputation as one of the greatest coaches in the game at the University of Florida, his next stop. Meyer had tremendous success as the Gators’ coach. He won both the 2006 and 2008 National Championships and coached Tim Tebow to the 2007 Heisman Trophy.
His Florida Gators teams were among the most dominant and legendary in history, but he departed the program under a cloud of controversy. Over thirty of his players were incarcerated or in legal trouble, and there were reports that Meyer had fostered a toxic work environment.
Meyer allegedly created a “circle of trust” that granted star players preferential treatment. This treatment of star athletes involved less discipline and assistance in covering up failed drug testing. Meyer fled Florida shortly thereafter, citing health concerns and the desire to spend time with family.
Meyer soon found employment elsewhere, becoming the head coach at Ohio State. Meyer achieved comparable success at Ohio State, winning another National Championship in 2014 and becoming the fourth coach in history to win National Championships at multiple institutions.
Similar to his time at Florida, Meyer’s tenure at Ohio State ended in controversy. Meyer was placed on administrative leave following reports that he was aware of an assistant coach’s alleged domestic violence. Meyer was ultimately suspended for three games, and at the conclusion of the season, the coach resigned, citing health concerns.
Salaries and Broadcasting Career
Meyer was initially granted a seven-year, $14 million contract when he was hired as Florida’s head coach. This contract was extended for an additional six years and $24 million. Meyer earned up to $7.6 million annually with Ohio State.
Meyer’s contract with the Jaguars was reportedly worth approximately $12 million per year over five years. However, he was dismissed during his first season in Jacksonville, and the contract was voided. Unknown is whether Meyer will receive the remainder of his NFL contract from the Jaguars.
Meyer has also achieved financial success in his career as a broadcaster. Meyer works for Fox Sports and appears on the Big Noon Kickoffcast.