Ray Rice net worth and salary: Ray Rice is an American professional football player at the running back position with the NFL's Baltimore Ravens who has a net worth of $14 million. Ray Rice was born in 1987 in New Rochelle, New York where he played for New Rochelle High School and led his team to the New York State title as a junior in 2003. Ray Rice holds the New York state record for yards accumulated in a single game with 462 yards gained on 42 carries on October 24, 2004. Ray Rice played running back at Rutgers University from 2005-2007. During his freshman year in 2005, the Rutgers Scarlet Knights had the team's first winning season and went to the school's second bowl game in the football program's then 136-year history. Led by Ray Rice, the Scarlet Knights won a school record-tying 11 games in 2006 and finished the season with Rutgers' highest ever end of season ranking at number 12 in both the AP and Coach's Polls. Ray Rice was selected in the second round of the 2008 NFL Draft with the 55th overall pick by the Baltimore Ravens. As of the 2013 season, Ray Rice is the Baltimore Ravens' second all-time leading rusher. Ray Rice was a member of the Super Bowl XLVII Champions team and the 2012 AFC Champion team. He was been selected to the Pro Bowl three times, in 2009, 2011, and 2012.
Elevator Incident And Career Earnings:
After the 2011 season, Rice was coming off his best year yet: 2,068 total yards from scrimmage to go along with 15 touchdowns. The Ravens promptly rewarded his talents with a 5-year, $40 million contract. But it didn't end there. Ray's contract was frontloaded, with $17 million arriving in the first year alone, of which $15 million was paid as a signing bonus. Between July 2012 and March 2013 alone, Ray earned a total of $25 million in salary and bonuses from the Ravens. Ray then received an additional $7 million option bonus at the end of the 2013-2014 season. Since his career started in 2008, Ray has earned a total of $38 million in NFL salary and bonuses. By being cut, Ray loses out on $10 million in salary from the final three years of the deal he signed in 2011.
And we haven't even talked about endorsement money yet. Less than an hour ago, Nike announced it had terminated its endorsement deal with Ray. Ray is now the fourth athlete in history that Nike has booted for PR/morality clause reasons. The other athletes are Lance Armstrong, Justin Gatlin and Michael Vick (although Vick was eventually re-signed). Surely other corporations are soon to follow Nike's lead, which will cost the running back untold millions more. Just a few minutes ago EA announced that this Friday they will be releasing a roster update to Madden NFL 15 that will remove Ray from the game.