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What is Jim McMahon ‘s net worth?

Jim McMahon, a former NFL quarterback, has amassed a net worth of $10 million through his 15-season career in the league. He achieved his greatest success in 1985, leading the Chicago Bears to their first Super Bowl victory. McMahon continued to play for several other teams before retiring in 1996, after winning a second Super Bowl title with the Green Bay Packers.

Early Life and Education

Jim McMahon Jr. was born on August 21, 1959 in Jersey City, New Jersey, and was raised in San Jose, California from the age of three. He played football as a freshman and sophomore at Andrew Hill High School before finishing his secondary education at Roy High School in Roy, Utah, graduating in 1977.

Throughout his childhood, McMahon was very active in sports and continued his passion for football throughout his high school years.

Jim McMahon attended Brigham Young University where he played both football and baseball for the Cougars. As a freshman, he played as a punter, but became the starting quarterback in 1978 after Marc Wilson was injured. McMahon was skilled in the position, earning two Western Athletic Conference Player of the Week honors during the season. He suffered a knee injury toward the end of the season and was redshirted in 1979. McMahon returned to the starting quarterback position in 1980 and led the Cougars to the Western Athletic Conference title while setting 32 NCAA records. He was responsible for the school’s extraordinary comeback over SMU in the “Miracle Bowl.” McMahon finished his collegiate career with a sterling season in 1981, passing for 3,555 yards and 30 touchdowns and leading BYU to both the WAC title and a Holiday Bowl victory. He earned honors such as the Davey O’Brien Trophy and the Sammy Baugh Award and tied with USC’s Marcus Allen for the Pigskin Club NCAA Offensive Player of the Year Award. McMahon eventually graduated in 2014 with a degree in communications after returning to BYU in 2010 to complete his school coursework.

Jim McMahon’s NFL Career

Jim McMahon was drafted by the Chicago Bears in the 1982 NFL Draft and became the starting quarterback as a rookie. He led the team to nearly making the playoffs during the strike-shortened season and improved as a passer in the 1983 season. However, he suffered injuries in the subsequent season and was sidelined. McMahon and the Bears had their greatest season in 1985, finishing with a record of 15-1 and winning Super Bowl XX. McMahon rushed for two touchdowns in the game, becoming the first quarterback to do so in a Super Bowl. He had a less successful 1986 season due to injury but returned in 1987 to lead the Bears to an 11-4 record. McMahon’s final season with the Bears in 1988 saw the team finish with a 12-4 record, but they were defeated in the NFC Championship.

McMahon’s Troubled Stint with the San Diego Chargers

After tensions with Bears president Michael McCaskey and head coach Mike Ditka, Jim McMahon was traded to the San Diego Chargers in 1989. However, he was unable to replicate his past success during his sole season with the team, as the Chargers finished with a 6-10 record. On top of that, McMahon clashed with his teammates, front office staff, and head coach Dan Henning. As a result, he was released after the season.

Jim McMahon’s Performance with the Philadelphia Eagles

After signing with the Philadelphia Eagles in 1990, McMahon’s performance improved significantly from his time in San Diego. He led the team to a 10-6 record and claimed the NFL Comeback Player of the Year Award. However, he remained with the Eagles for only one more season in a backup role.

McMahon Leads Vikings to Postseason

Jim McMahon played for the Minnesota Vikings in 1993 and led the team to eight wins as their starter. This was the first time in five years that he returned to the postseason as a starter. However, the Vikings ultimately fell to the New York Giants.

Jim McMahon’s Final Season with Arizona Cardinals

Jim McMahon played for the Arizona Cardinals during the 1994 season. He made his last career start in Week 3 against the Cleveland Browns.

McMahon Wins Super Bowl XXXI with Packers

Jim McMahon ended his NFL career with the Green Bay Packers from 1995 to 1996.

In the 1996 season, McMahon and the Packers won Super Bowl XXXI against the New England Patriots. This victory marked McMahon’s second Super Bowl title, with his first being against the same team in Super Bowl XX.

Former NFL quarterback Jim McMahon has faced legal troubles in recent years. In 2003, he was arrested for driving under the influence in Florida. In 2012, he was one of several individuals targeted in connection to Chicago’s Broadway Bank for making $104 million in bad loans.

Jim McMahon’s Health Issues and Medical Cannabis Use

Former football player Jim McMahon has suffered from memory problems and headaches due to concussions on the field. In 2012, he was diagnosed with early stages of dementia, which improved after treatment. He uses medical cannabis to alleviate chronic pain and arthritis and is an advocate for the drug.

Personal Life

Jim McMahon married Nancy Daines in 1982, after meeting her at BYU. The couple had four children before they divorced in 2009.

After his divorce, McMahon was in relationships with Laurie Navon and Mayra Montoya.

Jim McMahon Sells Scottsdale Home for Over $2 Million

Former NFL quarterback Jim McMahon recently sold his Scottsdale, Arizona home for $2.045 million, according to public records. McMahon had purchased the property in February 2010 for $1.224 million.

The home, located in the exclusive Silverleaf community, boasts four bedrooms, four-and-a-half bathrooms, and stunning views of the surrounding desert landscape. McMahon had listed the property for $2.15 million in August 2021, and it sold just two months later.

The sale of his Scottsdale home is just one of many lucrative investments for McMahon, whose net worth is estimated to be around $15 million. In addition to his successful NFL career, McMahon has also made money through endorsements, appearances, and various business ventures.

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