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Steve Smith Net Worth Breakdown: Cricket, Endorsements, and More
Steve Smith, regarded as one of the top modern-day cricketers, has amassed a net worth of approximately $3.4 billion AUD as of 2023. Steve Smith Net Worth stems from a combination of cricket salaries, endorsements, and real estate investments. Over the years, Smith has earned substantial sums from playing in various leagues, including the IPL and BBL, as well as from his international cricket career.
Steve Smith
Steven Peter Devereux Smith, commonly known as Steve Smith, was born on June 2, 1989. He is an Australian international cricketer and a former captain of the Australian national team across all three formats of the game. Widely recognized as one of the best Test batsmen of the modern era, his net worth was estimated at $3.4 billion as of November 2023.
Steve Smith Income Sources
| Income Source | Details |
|---|---|
| Cricket Match Fees | Earnings from international and domestic games. |
| IPL Contracts | Income from Indian Premier League contracts. |
| Endorsements | Deals with brands like New Balance, etc. |
| Investments | Revenue from businesses and assets. |
| Commentary & Media | Fees for commentary and TV appearances. |
| Social Media | Earnings from sponsored posts. |
1. Cricket Career Earnings
| Year | Team/League | Details | Fee |
|---|---|---|---|
| 2024 | BBL (Sydney Sixers) | Re-signed for three seasons (including 2024). | Fees not publicly disclosed, but likely top range. |
| 2024 | IPL | Participated as a commentator. | Not publicly disclosed (commentary fee). |
| 2023 | BBL (Sydney Sixers) | Retained for 2022-23 season. | Fees not publicly disclosed, but likely top range. |
| 2023 | Major League Cricket (Washington Freedom) | Played in MLC 2023. | Part of $1.5M team salary cap. |
| 2023 | County Cricket (Sussex) | Played in county cricket. | Specific earnings not disclosed. |
| 2022 | BBL (Sydney Sixers) | Played for the Sydney Sixers in BBL. | Estimated around $100,000 AUD, top players earn more. |
| 2021 | Multan Sultans | Played in PSL 2021. | Around $100,000. |
| 2021 | Delhi Capitals | Picked up in 2021 IPL auction. | Approximately $390,000 AUD. |
| 2019 | Rajasthan Royals | Retained for 2019 season after a ban. | ₹16 crore. |
| 2017 | Rising Pune Supergiants | Bought in 2017 IPL auction. | ₹5.5 crore. |
| 2014 | Rajasthan Royals | Acquired in 2014 IPL auction. | ₹12.5 crore. |
| 2012 | Pune Warriors | IPL stint in 2012. | ₹10.654 crore. |
| 2012 | Royal Challengers Bangalore | Bought in 2012 IPL auction. | ₹1.005 crore. |
| 2011 | Kochi Tuskers Kerala | Played in IPL 2011. | ₹92 lacs. |
| 2019-20 | Sydney Sixers | Retained for the 2019-20 season. | Estimated $100,000 AUD. |
Summary of Steve Smith’s Earnings
Average Matches Per Year: Steve Smith plays approximately 30–40 matches annually, including international, league, and domestic games.
Average Fee Per Match: On average, Steve Smith earns around ₹50–60 lakhs per match from playing fees, with additional income from commentary and endorsements.
Annual Earnings: Considering match fees, IPL contracts, BBL earnings, and other sources, Steve Smith generates around ₹20–25 crore annually, contributing to his net worth of $3.4 billion as of November 2023.
Note: While specific figures for some leagues and seasons (like commentary fees) are not disclosed, it’s clear that his earnings from cricket, commentary, and endorsements contribute substantially to his financial success.
Steve Smith Brand Collaborations & Sponsorships
Here’s a general table summarizing the average figures Steve Smith charges based on his brand collaborations:
| Type of Deal | Estimated Charges |
|---|---|
| Annual Sponsorships | $300,000 – $500,000 per year |
| Campaign-Based Deals | $50,000 – $150,000 per campaign |
| Ambassador Roles | $100,000 – $200,000 per role |
These figures are based on typical market rates for high-profile cricketers and public information about Smith’s past deals, such as –
1. Gray-Nicolls : Smith endorsed Gray-Nicolls cricket equipment, including his signature “Steve Smith Powerbow” bat, in a deal worth $500,000/year before the 2018 scandal.
2. New Balance : Smith signed with New Balance in 2015, using their DC-10 cricket bat along with helmets, pads, and gloves, in a sponsorship deal worth ₹2.45 crore/year.
3. Fitbit : In 2016, Smith partnered with Fitbit, promoting their Blaze model through ads and showcasing how the fitness tracker enhanced his performance.
4. Stepathlon : In 2021, Smith encouraged Australians to join Stepathlon’s virtual race, focusing on health and wellness during the global fitness trend.
5. Washington Freedom : As an ambassador for Major League Cricket’s Washington Freedom, Smith helped promote cricket in the US by engaging with fans and increasing the league’s visibility.
6. KFC : Smith featured in humorous KFC campaigns, appealing to younger audiences and capitalizing on cricket’s popularity in Australia.
7. Qantas : Smith collaborated with Qantas on travel and national pride campaigns, especially during major cricket events.
8. Asics : Smith promoted Asics cricket shoes through their marketing content, reinforcing his association with cricket-related brands.
9. OMG Oat Milk Goodness : In 2019, Smith co-founded this plant-based milk brand, which was later acquired by Forbidden Foods in 2023 for A$3.4 million ($2.25 million).
Major brands Steve Smith endorses, such as sportswear, equipment, or lifestyle products. Therefore, the estimated annual income from sponsorships contribute significantly to Steve Smith Net Worth.
Earnings from sponsored posts and brand partnerships on platforms like Instagram.
Investments and Business Ventures by Steve Smith
| Investment | Initial Investment | Current Value/Outcome |
|---|---|---|
| Koala Mattress | $100,000 (2015) | $12.18 million (2019); 10% stake |
| Snappr | Undisclosed | Successful; company valued at $14 million (2017) |
- Koala Mattress: Smith’s $100,000 investment grew to $12.18 million, showcasing remarkable ROI and contributing to Steve Smith net worth.
- Snappr: The exact details of Smith’s earnings from Snappr remain undisclosed. Snappr, a platform for on-demand professional photography, and it has raised $15.1 million across six funding rounds, achieving a valuation of $14 million by 2017.
Steve Smith Real Estate Holdings
| Location | Property Details | Purchase Price |
|---|---|---|
| Vaucluse, Sydney | Purchased with wife Dani Willis in 2019. Renovations planned. | $6.6 million AUD |
| Cronulla, Sydney | Property owned before Vaucluse, purchased in 2015. | $1.5 million AUD |
| Gold Coast | Beachfront home purchased in 2017. | $3.1 million AUD |
| Balmain, Sydney | Reported ownership around 2018, property in disrepair post-cricket ban. | Not disclosed |
| Maroubra, Sydney | Oceanfront property purchased in December 2015. | $4 million AUD |
| Investment Properties | Other real estate investments, details not public. | Not disclosed |
Steve Smith’s net worth of $3.4 billion AUD reflects not only his exceptional cricket career but also his strategic financial decisions. From lucrative match fees and endorsement deals to smart investments in real estate, Smith has successfully diversified his wealth. His impressive net worth underscores his financial success both on and off the field, making him one of the most financially accomplished athletes in the cricket world.
