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Jim Kelly Net Worth

Jim Kelly Net Worth
Net Worth $26 Million
Birthdate Feb 14, 1960 
Profession American football player
Nationality United States of America

What is Jim Kelly Net Worth?

Jim Kelly is an American football quarterback who retired and has an estimated net worth of $26 million. Known for his 11-year career with the Buffalo Bills and his stretch with the Houston Gamblers of the USFL, Kelly’s legend lives on through his “K-Gun” offense that changed the game for no-huddle shotgun sets. His leadership guided the Bills to four successive Super Bowl appearances from 1990 to 1993 but failed to win the ultimate championship on all four occasions. He had his jersey retired and inducted into the Pro Football Hall of Fame but still, Kelly has an impact with no clear record.

Jim Kelly Net Worth

Early Life

Born on February 14, 1960, in Pittsburgh, Pennsylvania, James Edward Kelly showed the first signs of a successful football career at the high school level. His performance drew all-state recognition as he approached 4,000 passing yards and firing for 44 touchdowns with only one interception. Notably, Kelly’s talent extended beyond football, showcasing impressive skills on the basketball court.

Upon graduating, scholarships pursued Kelly and one among the many was Penn State University. He, however, decided on the University of Miami, the institution that would later house his many athletic ammunitions. Spending time at the university, Kelly compiled over 5,000 passing yards and a sum of 33 touchdowns for a name within the Miami football program.

Career

From there, Jim Kelly’s journey as a footballer officially started after he turned down the Buffalo Bills at the beginning because he never liked the cold climates. Despite the apprehension, Kelly signed for the Bills after things fell into place in a curious turn of events. During the next round of negotiations, one of the most important calls came from a general manager from one of the USFL teams, who told him that he would have his choice of where to go.

In the long run, Kelly donned the Houston Gamblers jersey and displayed his brilliance with close to 10,000 passing yards and 83 touchdowns. His signature moment came in the “Greatest Game that No One Saw” game against the Los Angeles Express when he led a miraculous comeback with three touchdowns in the final minutes.

It was in 1986 that Kelly officially debuted with the Buffalo Bills, after which followed years of unparalleled success. Regarded as the pioneer of the innovative “no-huddle offense,” he led his team to a remarkable feat: outplaying defenses with quick scores.

Highest Paid Player In The NFL

On August 1986, the Buffalo Bills signed him to a five-year contract worth 8 million dollars, which was very high at that time, and since then, he was considered one of the highest-paid players in the NFL. The deal not only made Kelly the highest-paid player in the league, but it also set a new bar above Joe Montana’s salary by $200,000. Adjusted for inflation, the $8-million deal from 1986 would be equated to around $20 million in today’s money. With an annual pay of $1.6 million at that time, it means that Kelly’s earnings would today be $4 million yearly, mirroring the same financial impact and status on the football map.

Career Earnings

At the expiration of the record five-year contract, Jim signed a fantastic 6-year deal worth $18.65 million with Buffalo, an average of $3.1 million a year. Total earnings for Jim Kelly during his NFL time were in the vicinity of $27 million, which in today’s value is tantamount to $55 million.

Sale of Buffalo Bills

Jim Kelly Net Worth

In 2014, there were reports that Jim Kelly is ready to bid for the Buffalo Bills franchise following the death of its owner Ralph Wilson. Other big figures who were linked to the purchase were the current President of the United States, Donald Trump, and Jon Bon Jovi. The estimated value at that point for the Bills was standing at around $870 million.

Later, the franchise was sold to the Pegula family for $1.4 billion. Significantly, this family also owns the Buffalo Sabres, an NHL team. One of the key players for the Bills, though now retired, Jim Kelly, did not take too long to give his nod to this sale, saying that it was a great day for Western New York. He also expressed relief that the Bills would remain in Buffalo, cementing his support for the local community.

Real Estate

As reports had it, by 2009, Jim Kelly was selling a property in Orchard Park, Buffalo; the details, however, pretty scant. The owner, as well as the price, remained undisclosed, adding in another mystery—though the house went for $589,000 luxury A 4,800 square foot house, three stories, elegance, bricks, and cedar constructed in the year 1989. The year before, the Kelly family acquired a new house in East Aurora.

In 2007, Jim Kelly was in the news for selling his Chesdin Landing estate located in Virginia. The sprawling 14,554-square-feet mansion was appraised at once upon 7 acres of land, worth $3.6 million. Kelly’s brief stay ended due to his son’s health, leading to a sale for $2.6 million. Acquired in 1997 for $378,000, the lot saw the construction of a custom mansion featuring a grand entertainment room with a 24-foot wood ceiling, music area, wood-burning stone fireplace, and a 12-person bar. Outdoors, a 1,700-square-foot pool complex and lakefront access completed the lavish property.

Health Issues

Jim Kelly has been through so much, health-wise. In the year 2013, that was the first diagnosis; he had jaw cancer and, therefore, he underwent surgery to get rid of the cancer. He said that he was cancer-free. Then in 2014, cancer recurred, and he had to go through chemotherapy. Despite this setback, by the end of 2014, medical tests showed no traces of cancer.

He later had a recurrence of his cancer in 2018. A second operation was done on him for resection and reconstruction of the jaw. More complication and more hospitalization, another surgery was to come in 2018. His wife’s words in 2019 can be made this way: “There is some amazing news from him. He has beaten this bitch again and is no longer considered under the clutches of this illness.”

FAQ about Jim Kelly Net Worth

  1. What is Jim Kelly net worth?
    • Jim Kelly Net Worth is $26 million.
  2. When was Jim Kelly born?
    • Jim Kelly was born on February 14, 1960.
  3. What is Jim Kelly’s profession?
    • Jim Kelly is a retired American football player.
  4. What is Jim Kelly’s nationality?
    • Jim Kelly is American.
  5. What are some career highlights of Jim Kelly?
    • Jim Kelly is renowned for his 11-year tenure with the Buffalo Bills and a stint with the Houston Gamblers in the USFL. He led the Bills to four consecutive Super Bowls from 1990 to 1993 and introduced the innovative “no-huddle offense” known as the “K-Gun” offense.
  6. Has Jim Kelly faced any health challenges?
    • Yes, Jim Kelly has faced health challenges, including jaw cancer diagnoses in 2013, 2014, and 2018. However, he has triumphed over cancer and is currently cancer-free.
  7. Did Jim Kelly engage in real estate ventures?
    • Yes, Jim Kelly has been involved in real estate ventures, including property sales in Orchard Park, Buffalo, and Chesdin Landing, Virginia.

Jim Kelly Social Media Account

Quick Summary

  1. He was born on February 14, 1960, in Pittsburgh, Pennsylvania. Former professional American football player, he has a net worth of $26 million. He went on to make his name during an 11-year spell with the Buffalo Bills and the Houston Gamblers of the USFL, where he revolutionized no-huddle, shotgun formations with his “K-Gun” offense. Health challenges notwithstanding—diagnoses of jaw cancer in 2013, 2014, and 2018—his leadership took the Bills to four straight Super Bowls from 1990-93, and he retired with his jersey retired and a spot in the Pro Football Hall of Fame since 2002. His NFL career was marked by setting a new standard for income in the league, signing an $8 million contract in 1986 that made him the highest-paid player. His financial success touched real estate ventures, including property sales in Orchard Park and Buffalo, Chesdin Landing, Virginia. With health setbacks, the resiliency and impact Kelly has left on the game of football remain a very important piece in his legacy.
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