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American football quarterback Colt McCoy has an estimated net worth of $5 million. He plays for the Washington Redskins in the National Football League (NFL). He was born Daniel Colt McCoy on September 5, 1986 in Hobbs, New Mexico. He is the eldest of the three children of Steven Brad McCoy and Debra Kay Woodruff McCoy. He attended Jim Ned High School in Tuscola, Texas where he was coached in football by his father. As a high school player, he achieved several distinctions such as two-time Associated Press 2A Offensive MVP and First-team All-state selection.

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McCoy played college football for the University of Texas at Austin where he played for coach Mack Brown’s Texas Longhorns football team from 2005 to 2009. He was the starting quarterback from 2006 to 2009. He led the team with 561 rushing yards and 11 rushing touchdowns. He has established the reputation of a dual-threat quarterback. He led the 2008 Texas Longhorns football team and began the season with eight straight wins against Oklahoma (#1), Oklahoma State (#6) and Missouri (#11). He has set school records for most career touchdown passes, most touchdown passes in a season, most total touchdowns by a Texas player, most career wins, and most career passing yards.

McCoy was named College Football News Big 12 Player of the Year and the quarterback to their All-Freshman Team during the 2006 season. He won the 2008 Walt Champ Award and was the 2008 Heisman Trophy runner-up.  He was also named the 2008 AP Big 12 Offensive Player of the Year. He was drafted by the Browns in the third round as the 85th overall pick in the 2010 NFL Draft and eventually played for the Washington Redskins.

Earnings & Financial Data

Date

Category

Description

Amount

2019

Bonus

Roster bonus with the Washington Redskins for the year 2019

$375,000

2019

Salary

Base salary with the Washington Redskins for the year 2019

$3,000,000

2018

Signing Bonus

Signing bonus with the Washington Redskins for the year 2018

$600,000

2018

Salary

Base salary with the Washington Redskins for the year 2018

$2,800,000

2018

Bonus

Roster bonus with the Washington Redskins for the year 2018

$200,000

2018

Contract

A two-year contract with the Washington Redskins

$6,500,000

2017

Bonus

Roster bonus with the Washington Redskins for the year 2017

$200,000

2017

Signing Bonus

Signing bonus with the Washington Redskins for the year 2017

$600,000

2017

Salary

Base salary with the Washington Redskins for the year 2017

$2,800,000

2016

Bonus

Roster bonus with the Washington Redskins for the year 2016

$200,000

2016

Signing Bonus

Signing bonus with the Washington Redskins for the year 2016

$600,000

2016

Salary

Base salary with the Washington Redskins for the year 2016

$1,000,000

2016

Contract

A three-year contract with the Washington Redskins

$9,000,000

2015

Salary

Base salary with the Washington Redskins for the year 2015

$850,000

2015

Contract

A one-year contract with the Washington Redskins

$1,500,000

2015

Signing Bonus

Signing bonus with the Washington Redskins for the year 2015

$150,000

2015

Bonus

Roster bonus with the Washington Redskins for the year 2015

$375,000

2014

Signing Bonus

Signing bonus with the Washington Redskins for the year 2014

$65,000

2014

Salary

Base salary with the Washington Redskins for the year 2014

$730,000

2014

Contract

A one-year contract with the Washington Redskins

$795,000

2013

Salary

Base salary with the Cleveland Browns for the year 2013

$187,750

2013

Salary

Base salary with the Cleveland Browns for the year 2013

$630,000

2012

Signing Bonus

Signing bonus with the Cleveland Browns for the year 2012

$187,750

2012

Salary

Base salary with the Cleveland Browns for the year 2012

$540,000

2011

Asset

Purchase value of Colt McCoy's 2,887 square foot home in Austin, Texas

$659,000

2011

Signing Bonus

Signing bonus with the Cleveland Browns for the year 2011

$187,750

2011

Salary

Base salary with the Cleveland Browns for the year 2011

$450,000

2010

Signing Bonus

Signing bonus with the Cleveland Browns for the year 2010

$187,750

2010

Salary

Base salary with the Cleveland Browns for the year 2010

$390,000

2010

Contract

A four-year contract with the Cleveland Browns

$4,960,000