What Is Matt Schaub's Net Worth?
Matt Schaub is an American former professional football player who has a net worth of $40 million. Matt Schaub played quarterback in the NFL for 17 seasons primarily as a backup but had success as a starter for the Houston Texans.
Early Life
Matthew Schaub was born on June 25, 1981, in Pittsburgh, Pennsylvania. He attended West Chester East High School and lettered in football, basketball, and baseball. Matt went on to the University of Virginia to continue playing football where he redshirted as a true freshman. He transferred to the University of Richmond for the 2002 season and battled for the starting spot, eventually taking over for good and having a breakout season. He threw for 2,976 passing yards to go with 28 touchdowns and seven interceptions that year. Schaub was named the 2002 ACC Player of the Year and 2002 ACC Offensive Player of the Year. He was First-Team All-ACC in 2002 and Second-Team All-ACC in 2003. He finished his college career holding 22 school records. The Virginia Cavaliers retired his No. 7 jersey.
NFL Career
With the 90th overall pick in the third round of the 2004 NFL Draft, Matt Schaub was selected by the Atlanta Falcons. He started out as the backup but replaced an injured Michael Vick in Week 16 against the New Orleans Saints. He saw action in six games total. In 2005, Matt was named the Most Valuable Player in the American Bowl preseason game in Tokyo, Japan. He completed 11 of 13 passes for 117 yards and two touchdowns in a comeback victory over the Indianapolis Colts at the Tokyo Dome.
In 2007, Schaub was acquired by the Houston Texans for second-round picks in 2007 and 2008. The teams also swapped first-round picks in 2007. The Texans released David Carr, making Schaub their new starter. He had success with the team, being named to the Pro Bowl in 2009 and 2012. Matt was also the NFL passing leader in 2009. During the 2012 season, he tied for the second most passing yards in a single game in NFL history with 527 yards. The team upgraded its weapons for the 2013 season with the selection of DeAndre Hopkins in the first round, but Schaub struggled down the stretch and was hampered by injuries.
In 2014, Matt was traded to the Oakland Raiders. He was benched to start the season in favor of rookie Derek Carr. Schaub was released in March 2015. He signed with the Baltimore Ravens as a backup for a season before returning for a second stint with the Atlanta Falcons as a backup to Matt Ryan. In January 2021, it was announced that Matt retired from the league.
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Contracts & Career Earnings
In 2007, Schaub signed a six-year, $48 million contract with the Texans. He entered the 2012 season in the final year of his contract with the Houston Texans. The sides agreed to terms on a four-year, $62 million deal to keep him under team control through 2016. Matt then signed with the Raiders in 2014 for two years at $13.5 million. His last contract in the NFL was with the Atlanta Falcons for two years and $9 million.
Matt Schaub earned more than $94.3 million in salary alone over his 17-year NFL career.
