Henry Ruggs’ financial situation has drastically changed over the years. Once a promising NFL wide receiver, he signed a multi-million-dollar contract with the Las Vegas Raiders. However, following his involvement in a tragic incident, his career was cut short.
This article will provide a detailed breakdown of Henry Ruggs net worth, his earnings, contract details, and the financial impact of his legal issues.
Henry Ruggs Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Henry James Ruggs III |
| Popular Name | Henry Ruggs |
| Birth Date | January 24, 1999 |
| Age (as of 02/23/2025) | 26 |
| Birthplace | Montgomery, Alabama, USA |
| Nationality | American |
| Ethnicity | N/A |
| Education | University of Alabama, Robert E. Lee High School |
| Marital Status | Unmarried |
| Spouse | N/A |
| Children | 1 daughter (born May 7, 2020) |
| Dating | Rudy Washington |
| Siblings | Kevontae Ruggs |
| Parents | Nataki Ruggs, Henry Ruggs Jr. |
| Height | 1.83 meters |
| Net Worth | $4 million |
| Source of Wealth | Professional football |
What is the Net Worth of Henry Ruggs in 2025?
Despite his early success in the NFL, Henry Ruggs’ financial status changed significantly following his legal troubles. He signed a $16.67 million contract with the Las Vegas Raiders, but after his release, a large portion of his earnings was clawed back.
With an estimated $4 million net worth, Ruggs is far below many former NFL stars. Compared to Derek Carr or Josh Jacobs, who continued to earn millions, Ruggs’ financial downfall is stark. However, given his past earnings, he may still have assets and investments.
Related People and Teams
- Las Vegas Raiders
- Alabama Crimson Tide
- NFL
- Derek Carr
- Josh Jacobs
- Tua Tagovailoa
- Jalen Hurts
- Nick Saban
- Rich Bisaccia
- Kadarius Toney
For a look at other high-earning celebrities, check out the wealthiest stars in sports and entertainment.
Henry Ruggs Wealth, Salary, and Financial Overview
How Much Did He Earn in the NFL?
Henry Ruggs’ time in the NFL lasted less than two seasons. He was drafted 12th overall in the 2020 NFL Draft by the Las Vegas Raiders and signed a four-year, $16.67 million contract. His earnings included:
- $10 million signing bonus
- $6.67 million in guaranteed salary
- $607,000 base salary in 2021
However, after his release, the Raiders clawed back approximately $6 million, significantly reducing his total earnings.
What Was His Salary and Contract Details?
Ruggs’ contract breakdown included:
- Fully guaranteed four-year contract worth $16.67 million
- $10 million signing bonus received upfront
- $2.4 million signing bonus in 2021
- Projected $4.8 million salary in 2022 (which he never received)
Given Nevada’s zero state income tax, he took home around $2.85 million after federal taxes and agent fees.
How Much Money Did He Lose After His Legal Issues?
The tragic DUI crash in November 2021 led to:
- Immediate release from the Raiders
- Contract termination, losing millions in future earnings
- Legal expenses and court fines
Had he continued playing, Ruggs could have earned tens of millions over his career. However, the financial impact of the case has been devastating.
What Are His Remaining Financial Assets?
While Ruggs earned a significant amount during his brief career, much of it was lost. His legal fees, settlements, and lost contracts affected his wealth. Any remaining assets likely come from savings and investments made before the incident.
Did He Keep His Signing Bonus?
While $10 million was paid upfront, the Raiders reclaimed a portion due to his contract violation. Legal experts say that signing bonuses in guaranteed contracts can still be voided under specific conduct policies.
What Financial Penalties Did He Face?
Henry Ruggs’ DUI case led to:
- 3 to 10 years in prison
- Heavy legal fees
- Lost career earnings
- Potential civil lawsuits from the victim’s family
What Would His Career Earnings Have Been Without the Incident?
Had Ruggs stayed in the NFL, he likely would have signed multiple contracts, earning $50 million or more over a decade. Many first-round wide receivers see second contracts worth $20M+ per year.
Unfortunately, his legal troubles erased that potential. Players like Derek Carr and Tua Tagovailoa have continued to thrive financially, highlighting the stark contrast between Ruggs’ trajectory and his former teammates.
Conclusion
Henry Ruggs’ financial downfall serves as a cautionary tale. From a multi-million-dollar contract to legal issues that cost him his career, his story is a stark reminder of how quickly fortunes can change. What do you think about his financial journey? Share your thoughts and explore more at Pennbookcenter.com!
