The current estimate of Mike’s net worth is $3.5 million.
During the 2013 season, Lombardi was general manager of the Cleveland Browns. He was later fired and replaced by Ray Farmer. In the GM role, he amassed more than $46 million in salary caps and hoarded for 2014 draft options.
Throughout his career, Mike has taken on many different jobs, helping him to amass a huge fortune. He has spent three decades working as an executive, commentator, presenter and writer in the football industry. This allowed him to amass a respectable career income over the years without facing any lingering instability.
Some of the highest-paid coaches in the National Football League (NFL) earn as much as $10 million per season. On the other hand, Lombardi’s starting salary as a football coach is a lot lower than $2,000 per year.
Although different sources report different figures on his annual salary – some claim $1,000, while others say $1,800 – one thing is clear: the youth coach does not earn a substantial amount of money. Having built his reputation in New York, Vince Lombardi was ready to launch his own business when the time came. The National Football League would never be the same once he agreed to take over the financially unstable Green Bay Packers in 1959.
When he died in 1970, he held the position of executive vice president of the club. It is believed he made $110,000 annually and controlled 50 shares of the team with a total value of $500,000.
