Henry Ruggs Net Worth: How Much Money Did the NFL Player Lose?
Henry Ruggs is a former NFL player who was once a promising wide receiver for the Las Vegas Raiders. He was drafted in the first round of the 2020 NFL Draft and signed a four-year contract worth $16.67 million. However, his career and life took a tragic turn in November 2021, when he was involved in a fatal car crash that killed a young woman and her dog. Ruggs was driving at a speed of 156 mph while intoxicated and crashed into the victim’s car, which burst into flames. He was arrested and charged with DUI resulting in death and reckless driving. He was also released by the Raiders and faced the possibility of losing most of his contract money. But how much is Henry Ruggs worth now? And what are the consequences of his actions? We will explore the net worth, salary, and legal situation of Henry Ruggs.
Net Worth and Salary
According to various sources, Henry Ruggs’ net worth is estimated to be between $4 million and $5 million as of 2023. This is based on his income from his NFL contract, which was fully guaranteed when he signed it in 2020. He received a $10 million signing bonus and a base salary of $610,000 in his rookie season. He also earned a base salary of $1.4 million and a roster bonus of $2.4 million in 2021.
However, after the car crash, the Raiders voided the remainder of his contract and tried to recover some or all of his signing bonus. According to Spotrac, the Raiders could recoup $5.76 million of future salary guarantees and $6.18 million of signing bonus from Ruggs. This means that Ruggs could only keep about $4.73 million from his contract, losing about 72% of the total value.
Additionally, Ruggs could face civil lawsuits from the victim’s family and other parties involved in the crash. He could also face fines, fees, and restitution payments as part of his criminal sentence. These expenses could further reduce his net worth and leave him in financial trouble.
Read more about >> Kevin Samuels Net Worth: How Much is the YouTube Sensation Worth?
Legal Situation
Henry Ruggs is currently facing serious criminal charges that could land him in prison for a long time. He is charged with DUI resulting in death, which carries a minimum sentence of two years and a maximum sentence of 20 years in Nevada. He is also charged with reckless driving, which carries a maximum sentence of six years. Furthermore, he could face additional charges for causing substantial bodily harm to his girlfriend, who was in the car with him, and for having a loaded gun in his vehicle.
Ruggs pleaded not guilty to the charges and is awaiting trial. He is currently under house arrest with strict conditions, such as wearing an ankle monitor, abstaining from alcohol and drugs, surrendering his passport, and not driving any vehicle. He is also required to pay $150,000 bail and attend counseling sessions.
Ruggs has hired a team of lawyers to defend him in court. His lawyers have argued that he deserves compassion and leniency because he is remorseful and has no prior criminal record. They have also suggested that there were other factors that contributed to the crash, such as faulty brakes, road conditions, and the victim’s driving behavior.
However, the prosecutors have argued that Ruggs showed extreme disregard for human life and safety by driving at such a high speed while intoxicated. They have also presented evidence that Ruggs was drinking at a golf course before the crash and that he had previous incidents of speeding and reckless driving.
The trial date has not been set yet, but it is expected to take place sometime in 2023. If convicted, Ruggs could face decades behind bars and lose his freedom and future.
Conclusion
Henry Ruggs is a former NFL player who had a bright future ahead of him until he made a terrible mistake that cost him his career, his money, and his reputation. He is now facing serious legal consequences that could ruin his life. His net worth is estimated to be between $4 million and $5 million as of 2023, but it could decrease significantly due to his contract voiding, civil lawsuits, and criminal penalties. His story is a tragic and cautionary tale of how one bad decision can change everything.
