Michael Penix Jr. Net Worth Details

Michael Penix Jr. is making headlines as the Atlanta Falcons’ rising star quarterback. Fans are eager to know about his journey, personal life, contract, and how much he’s earning in the NFL.

This article covers everything you want to know about Michael Penix Jr. in 2025—his net worth, salary, contract details, early and professional career, personal life, and NFL stats. You’ll also find answers to the most asked questions about him.

Michael Penix Jr.’s Biography

Detail Information
Full Name Michael Tarrence Penix Jr.
Date of Birth May 8, 2000
Age 25
Education University of Washington, Indiana University
Nationality American
Height 6 ft 2 in (1.88 m)
Weight 216 lbs (98 kg)
Turned Pro 2024
Net Worth $22,882,636
Salary (2025) $1,835,120
Career Earnings $22,882,636
Wife/Husband Not publicly known
Instagram Profile @themp9
Twitter Profile @themikepenix

Early Career

Michael Penix Jr. was born in Cookeville, Tennessee, and grew up in Dade City, Florida. He attended Tampa Bay Technical High School, where he played quarterback for two seasons and threw for over 4,200 yards with 61 touchdowns and just six interceptions.

Penix’s impressive high school career earned him a spot at Indiana University as a three-star recruit. Despite showing promise, his early college years were marked by injuries, including a torn ACL that limited his playing time. Still, his talent was clear, and he persevered, setting the stage for a remarkable comeback.

Professional Career

Penix played three seasons with the Indiana Hoosiers, but injuries kept him from reaching his full potential there. In December 2021, he transferred to the University of Washington. At Washington, he had a breakout season in 2022, leading the nation in passing yards per game and breaking the school’s single-season passing record.

In 2023, he won the Maxwell Award and led the NCAA in passing yards, guiding his team to the College Football Playoff National Championship. Penix was selected by the Atlanta Falcons as the 8th overall pick in the 2024 NFL Draft, and he quickly became known for his strong arm, deep passing ability, and leadership on the field.

Michael Penix Jr.’s Net Worth Details

Michael Penix Jr.’s net worth in 2025 is estimated at $22,882,636.

Contract

Penix signed a fully guaranteed four-year contract with the Atlanta Falcons worth $22,882,636. The deal includes a $13,461,916 signing bonus and an average annual salary of $5,720,659. All of his contract is guaranteed, and he has a fifth-year option available. He will be a free agent in 2029.

Salary

For the 2025 season, Penix will earn a base salary of $960,000 and a roster bonus of $875,120, totaling $1,835,120 in cash for the year. His cap hit for the Falcons in 2025 is $5,200,599.

Career Earnings

Year Team Base Salary Signing Bonus Roster Bonus Total Earnings
2024 Atlanta Falcons $795,000 $13,461,916 $14,256,916
2025 Atlanta Falcons $960,000 $875,120 $1,835,120
2026 Atlanta Falcons $1,075,000 $1,800,240 $2,875,240
2027 Atlanta Falcons $1,190,000 $2,725,360 $3,915,360
Total $4,020,000 $13,461,916 $5,400,720 $22,882,636

Endorsements

Before entering the NFL, Penix signed an endorsement deal with Adidas, joining a group of high-profile athletes supported by the brand. He had a name, image, and likeness (NIL) deal with Adidas during his college career at Washington and continued with the brand into his professional career.

NFL Career Stats

Year Team Games Starts Pass Att Comp Comp % Yards Yards/Att TD INT Rating Rush Att Rush Yards Rush TD
2024 Atlanta Falcons 5 3 105 61 58.1 775 7.4 3 3 78.9 7 11 1

FAQs

1. What is Michael Penix Jr.’s net worth?

Michael Penix Jr.’s net worth is estimated at $22,882,636, which comes from his NFL contract, signing bonus, and endorsement deals.

2. How much does Penix earn from his NFL contract?

Penix signed a four-year, $22,882,636 fully guaranteed contract with the Atlanta Falcons, including a $13,461,916 signing bonus and an average yearly salary of $5,720,659.

3. What college did Michael Penix Jr. play for?

He played college football at Indiana University for three seasons before transferring to the University of Washington, where he became one of the top quarterbacks in the country.

4. Is Michael Penix Jr. married or does he have children?

Penix has not publicly shared any information about being married or having children. He keeps his personal life private.

5. What are Michael Penix Jr.’s NFL stats so far?

In his first NFL season with the Atlanta Falcons, Penix played 5 games, started 3, threw for 775 yards with 3 touchdowns and 3 interceptions, and rushed for 11 yards and 1 touchdown.