American former football wide receiver
#266 in NFL today
Terrell Owens net worth is $750,000 as of 2024. He earned over $80 million in salary alone during his NFL career, but has lost all of his net worth due to bad financial decisions, according to Forbes.
How did Terrell Owens Lose his Wealth?
- He paid out millions of dollars in child support and legal fees.
- He invested in a real estate development project that went bankrupt.
- He invested in a sports marketing company that failed.
- He lost money in a series of bad stock investments.
- He was scammed by a financial adviser who convinced him to invest in a fake investment scheme.
- He spent lavishly on expensive cars, jewelry, and other luxury items.
Debts
Terrell Owens is struggling with millions of dollars in debt. According to reports, Owens owes over $2 million to a variety of creditors, including former NFL players who lent him money, such as Shannon Sharpe who loaned him $600k, and Michael Vick’s $250k loan.
In addition, Owens has been involved in a number of expensive legal battles. In 2017, he was ordered to pay his ex-wife $3.6 million in divorce settlements. He has also been sued by multiple creditors, including former NFL players who lent him money.
Terrell Owens Net Worth 2024 (Forbes)
Full Name | Terrell Eldorado Owens |
Net Worth | $750,000 |
Highest Net Worth | $16 Million |
Annual Income | $90,000 |
OnlyFans Earnings | $61,000 |
Debts | $4 Million |
Bank Balance | $10,000 |
Terrell Owens House
In 2004, Terrell Owens purchased a 5.7-acre mansion in Moorestown, New Jersey for $3.9 million. The property had four bedrooms and nine bathrooms.
Owens lived in the house for six years, but he eventually sold it for $1.7 million in 2010, taking a significant loss. He sold it to pay his debts.
Today, Owens lives in a two-story, 4,250-square-foot home in Sherman Oaks, California. He took a $2 million home loan from JPMorgan and defaulted on several EMI payments to the bank.
Looking at his poor net worth, The bank sent notices to Owens about the possible eviction and auction of the property.
Divorce Settlement
Terrell Owens divorce included a significant financial settlement. According to the court documents, Owens paid a $10 million lump sum and $2 million in alimony over five years.
Life After Football
Owens has been involved in a number of business ventures since retiring from the NFL. He has also appeared in a number of television shows and movies.
In 2023, Owens co-founded the Fan Controlled Football League, a professional indoor football league that allows fans to control the game through a mobile app.