Pete Carroll Net Worth – Does He Really Have An Annual Salary Of $8 Million?

Peter Clay Carroll, also known as Pete Carroll, is the head coach of the Seattle Seahawks of the National Football League. Moreover, he is also the executive vice president of the team. He has also worked with many college and NFL teams in the almost five decades of his coaching career. Pete has also been involved in many business ventures.

Pete has also gained immense fame and prominence globally. Furthermore, he has also established himself as one of the successful NFL coaches. Apart from that, many are curious to know how much the coach has amassed to his name and his income sources. Thus, in this article, let’s learn in detail about Pete Carroll’s net worth and earning details.

Pete Carroll Net Worth And Earnings

As stated above, Pete Carroll is one of the most successful and renowned coaches in NFL history. He also has amassed a massive sum as his riches, as Celebrity Net Worth has reported that Pete Carroll’s net worth is $30 million.

The coach that has amassed multi-million dollars worth of fortune earns mainly from NFL. So, in the further paragraphs, let’s learn about Pete Carroll’s earning details.

Earnings From Coaching Career

Pete Carroll played football for two years at junior college at the nearby College of Maron. After transferring to the University of the Pacific, he played free safety for two years for the Tigers. After graduating, he had tried out for the Honolulu Hawaiians of the WFL. However, he did not make it to the team due to shoulder problems.

Pete’s first-ever job was at the University of Pacific. There he worked as a graduate assistant for Chester Caddas. He worked there for three years, and the University of Arkansas hired him as the graduate assistant. There he worked with the secondary under Bob Cope and earned $182 per month.

Then, Carroll moved to Iowa State University to work as an assistant under Earle Bruce. Pete also worked under Bruce at Ohio State University as an assistant coach in charge of the secondary. Furthermore, he worked under Monte Kiffin as defensive coordinator and secondary coach. In 1983, he again went on to work under Bob Cope at Pacific as defensive coordinator and assistant head coach.

In 1984, Pete entered the NFL as the defensive back coach of the Buffalo Bills. Then, he worked in the same position for the Minnesota Vikings from the following year to the next five seasons. Furthermore, from 1990 to 1993, he served as defensive coordinator of the New York Jets under Bruce Coslet for four seasons.

In 1994, Pete was promoted to Head Coach of the team. The following season, the San Fransisco 49ers hired him as defensive coordinator. After serving for two seasons there, he was hired as the head coach of the New England Patriots.

Then, in December 2000, Pete signed a five-year contract as the USC Trojan’s head coach. He had signed a five-year deal with annual earnings of $1 million. In the 2002 season, he received a significant raise, and by the 2004 season, he received close to $3 million. In the 2007 season, Pete received $4.4 million as total compensation, including pay and benefits.

Pete spent ten years with the Trojans and ended his time as a hero who led the team to achieve several achievements. Then, he began to work with the Seattle Seahawks. Thus, he seems to have earned significantly from his many years of work with different teams.

Also Read: Learn About Justice Smith’s Net Worth And Earnings

Earnings From Seattle Seahawks

After spending ten years with the Trojans and many more years with different teams, in January 2010, Pete signed a 5-year contract worth $33 million with the Seattle Seahawks. On January 11, 2010, the Seahawks officially hired him as their coach and was named the executive vice president, and he also became the general manager of the team.

Moreover, while signing the contract in 2010, Pete was expected to earn $6.5 million annually with the Seahawks. Furthermore, according to Celebrity Net Worth, he makes $8 million yearly. In July 2016, he signed a three-year deal extension with the team to keep him through the 2019 season. Then, in 2020, he signed a contract extension that runs through the 2025 season.

Pete has helped his team achieve numerous titles and win matches. He even led the team to their first-ever Super Bowl in 2013. He even became the second-highest-paid coach with $11 million as his salary. In over a decade of his involvement with the team, he has earned significantly over the year.

As a result, Pete Carroll’s net worth has increased.

Pete Has Earned Significantly From Real Estate Investments

Apart from a coaching career of over four decades, Peter has also been involved in real estate investments. In 2015, the NFL coach received $6.1 million for selling his home in Hunts Point, Seattle. He had purchased the house in May 2014 for $5.9 million.

In 2016, Carroll received $2.05 million after selling a home in Manhattan Beach, California. He had received $50,000 more than the asking price. He had bought the house in 1999 for $540,000 and was even renting it out for $4,500 per month.

Similarly, in 2017, Pete sold another home in Rolling Hills, Manhattan, for $3.05 million. He had bought the house in 2000 for $1.93 million. Pete must have earned significantly from the real estate investments.

Moreover, Pete is the founder and host of Amplify Voices, a media production, and marketing company with a dedication to providing a thriving platform for caring and diverse people with thoughtful perspectives. It releases several podcasts, documentaries, social media campaigns, etc. So he must be earning considerably from the company.

 

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Looking at his earnings from his coaching career and real estate investments, Pete Carroll’s net worth of $30 million seems reasonable.

Lifestyle And Assets

As mentioned earlier, Pete Carroll’s fortune is estimated to be $30 million. With such a huge amount as his wealth, he indeed must be living a wonderful life. Carroll lives a comfortable life with his family in Hunts Point, Washington.

With such huge net worth, there’s no doubt that Pete owns luxurious cars and vehicles. He must be enjoying a lavish lifestyle. Nevertheless, let’s hope Pete Carroll’s net worth increases further so that he continues to live a comfortable life in the coming days.

Trivia And Facts

• Pete has three kids, Brennan Carroll, Nathan Carroll, and Jaime Carroll with Glena Goranson. 
• He was previously married to Wendy Pearl for two years.

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