Jim McMahon, a name synonymous with the 1985 Chicago Bears’ Super Bowl victory, boasts a net worth of $10 million. His successful career in the NFL and savvy investments have significantly contributed to his wealth.
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Who is Jim McMahon?
James Robert McMahon Jr., born on August 21, 1959, is a former NFL quarterback best known for his time with the Chicago Bears. He played college football for the BYU Cougars, winning the Davey O’Brien and Sammy Baugh Trophies as a senior.
How Old is Jim McMahon?
As of January 2024, Jim McMahon is 64 years old.
Early Life and Educational Background
Born in Jersey City, New Jersey, McMahon moved to San Jose, California, at age three. He played sports from a young age, inspired by his parents. He attended high school in California and Utah, graduating from Roy High School in 1977.
Jim McMahon Net Worth
McMahon’s net worth, estimated at $10 million, reflects his successful NFL career and astute real estate investments.
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Career Highlights
McMahon’s career pinnacle was leading the 1985 Bears to a Super Bowl victory. He also played for teams like the San Diego Chargers, Philadelphia Eagles, Minnesota Vikings, Arizona Cardinals, and Green Bay Packers, winning a second Super Bowl with the Packers.
Super Bowl Rings and Hall of Fame Status
McMahon boasts two Super Bowl rings, one each with the Bears and Packers. While he has been inducted into the College Football Hall of Fame (1998), he is not a Pro Football Hall of Famer, partly due to a career marred by injuries.
Real Estate Investments
McMahon’s savvy investments include purchasing a home in Scottsdale, Arizona, for $1.224 million in 2010, which he later sold for $2.045 million in 2021.
Eye Injury and Health Challenges
At age six, McMahon accidentally injured his right eye with a fork, leading to his signature sunglasses. He also suffers from CTE, a condition he attributes to his football career, including a severe injury from Charles Martin’s tackle in 1986.
Current Ventures and Residence
Currently residing in Scottsdale, Arizona, McMahon is involved in launching a cannabis line, Revenant, aimed at helping former NFL players deal with chronic pain and headaches, a personal battle he’s faced since retirement.
Conclusion
Jim McMahon’s journey from an NFL star quarterback to a successful entrepreneur and advocate for health is a testament to his resilience and adaptability. His legacy extends beyond the football field, making an impact in the realms of business and health advocacy.
Few Frequent Asked Questions about Jim McMahon
- What is Jim McMahon’s greatest football achievement? Leading the Chicago Bears to their first Super Bowl title in 1985 is his crowning achievement.
- Why isn’t Jim McMahon in the Pro Football Hall of Fame? His NFL career was plagued by injuries, preventing him from reaching the milestones typically required for Hall of Fame induction.
- What health issues has McMahon faced? He suffers from CTE, a degenerative brain disease linked to repeated head trauma.
- What is Jim McMahon’s involvement in the cannabis industry? He is part of a group launching a cannabis line, Revenant, to help former NFL players manage chronic pain.
- Where does Jim McMahon live now? McMahon currently resides in Scottsdale, Arizona.
