Jake Funk Net Worth: Ravens New Signee Salary And Income

This article was last updated by on

Jake Funk Net Worth: After on-off games and roams in practice squads, Jake Funk’s potential roster inclusion as the Ravens’ new signee could hike his net worth.

Throughout 2022 and 2023, Funk saw frequent signings to practice squads in the Colts, Dolphins, and Saints but less play in action.

In December 2023, the Baltimore Ravens signed him on a practice squad with a ballpark salary of around $200K.

With the team’s rookie RB Keaton Mitchell out with injury, it could deploy Funk in the action as an option.

Jake Funk, The 2021 NFL Draft Pick Of The Rams Signed With Baltimore Ravens In 2023
Jake Funk, The 2021 NFL Draft Pick Of The Rams Signed With Baltimore Ravens In 2023 (Source: Instagram)

Jake Funk an NFL running back who is an alum of the University of Maryland (2016-20). He was the 7th-round pick of the LA Rams in the 2021 NFL Draft.

Funk signed a four-year contract with the Rams, joining fellow team draft picks that year, Tutu Atwell, Ernest Jones, Bobby Brown III, and Robert Rochell.

He played for a season under head coach Sean McVay before the Rams waived him in the second year of his contract.

After that, Funk remained in the practice squads of the New Orleans Saints, Indianapolis Colts, and Miami Dolphins. However, none offered him significant gameplay.

Jake Funk Net Worth: Ravens New Signee Salary And Income

As of 2024, Jake Funk has an estimated net worth of $300K.

During two seasons (2021-22) in the NFL, Funk may not have had the best of his career, but he got hands in a considerable amount of money.

Thanks to his NFL contracts & salary, his career earnings record $1.26 million, despite a handful of game appearances.

His first professional contract came after the Los Angeles Rams signed him on a four-year $3.58 million contract on May 26, 2021. It included $108,228 as a signing bonus. 

With the Rams, he even won the Super Bowl LVI with a 23-20 win over the Cincinnati Bengals.

Funk Was On A Four-Year $3.58 Million Contract With The Rams Before They Waived Him In The 2022 Fall
Funk Was On A Four-Year $3.58 Million Contract With The Rams Before They Waived Him In The 2022 Fall (Source: Instagram)

However, with his degrading performance, the team waived him on October 11, 2022, during the second year of his four-year contract.

As a result, he earned only 874K out of his original contract.

Then, the New Orleans Saints then signed him in their practice squad (October 12- November 8, 2022) before waiver, earning him $46K.

Then, throughout the remainder of the 2022-23 season, he was alternated in the Indianapolis Colts’ roster and practice squad.

What Is Funk’s Salary From The Baltimore Ravens In 2023?

The Ravens signed him on their practice squad as a potential roster under head coach John Harbaugh on December 19, 2023.

According to Spotrac, the team will pay him a salary of $216K in 2023 if not for a waiver.

Earlier in the 2023-24 season, he was in the practice squad of the Miami Dolphins for a month and got a compensation of $60,000.

The Dolphins signed him on October 10, 2023, and waived him on November 18.

Here is the list of his cash earnings from NFL teams:

Year NFL Team Salary
2021 LA Rams $537,494 (Total $645,722, including a signing bonus of $108,228)
2022 LA Rams $229,167
Saints $46,000
Colts $137,833
2023 Colts $220,888
Dolphins $60,000

Jake Funk Owns A House With His Fiance

The former Rams running back resides with his fiance, Hannah Ann Sluss, the winner of Season 24 of The Bachelor.

They own a house in Indiana; she featured her home on her TikTok video in August 2023 as the duo moved into their new residence.

In October 2023, Hannah gave a tour of her Indiana home in an interview with Homes And Gardens.

Jake And His Girlfriend-Turned-Fiance Hannah
Jake And His Girlfriend-Turned-Fiance Hannah (Source: Instagram)

Jake Funk and Hannah Sluss began dating in November 2021 after meeting on TikTok. After dating for one year and two months, the duo engaged on January 25, 2023.

Sluss shared the news of her engagement via TikTok, flaunting her massive emerald-cut ring.

Later, the NFL player shared the pictures from the beach-themed proposal and wrote,  “Mi amor para siempre,” which translates to “My love forever.”

Krishna Pandey
Krishna Pandey

Krishna Pandey

Krishna Pandey is a versatile writer with a passion for exploring the diverse and dynamic world of sports. His articles offer readers a captivating blend of sports analysis, human interest stories, and cultural insights, providing a holistic view of the athletes and events that shape the sports landscape.

Expertise:

Cultural Perspectives Athlete Spotlights

Highlights

  • Krishna explores the cultural significance of sports, examining how athletics intersect with identity, community, and social change.
  • He shines a spotlight on athletes from diverse backgrounds.

Experience

Krishna's passion for sports journalism is fueled by a love of competition and a desire to uncover the stories that lie beneath the surface of the sports world. With a background in writing and a keen interest in sports sociology, he brings a multidisciplinary approach to his writing, exploring the complex intersections of sports, culture, and society.

Related articles

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Share article

Latest News