Nathan Cleary’s net worth – one of the highest paid NRL players

October 14, 2024
Written by
Nathan Cleary. Credit: Alamy.
Nathan Cleary. Credit: Alamy.

Nathan Cleary, the co-captain of the Penrith Panthers, has drawn a lot of attention in the Australian rugby league. His skills on the field have led many to wonder about his financial success.

Nathan Cleary’s net worth is estimated to be around $5 million AUD. This figure comes from his NRL salary and endorsement deals. As a top player in the league, Cleary earns a substantial income.

Cleary’s 2024 salary is reported to be $1.3 million. This makes him one of the highest-paid players in the NRL. His earnings are set to grow with his recent contract extension.

How Nathan Cleary built his net worth

Nathan Cleary, the Penrith Panthers halfback, has built up a significant net worth through his rugby league career. As one of the highest-paid NRL players, Cleary’s wealth comes mainly from his salary and endorsements.

His 2024 salary is reported to be $1.3 million. This puts him near the top of NRL earners, reflecting his value to the Panthers and the league.

Cleary’s net worth isn’t just from his playing contract. He’s likely to have additional income from:

  • Sponsorship deals
  • Media appearances
  • Merchandise sales

As a two-time Clive Churchill Medal winner, Cleary’s marketability is high. This boosts his earning potential off the field.

While exact figures aren’t public, estimates of Cleary’s net worth range from $3 million to $5 million. This number will likely grow as his career progresses.

It’s worth noting that NRL players often invest in property or businesses. Cleary might be doing the same to grow his wealth beyond his playing days.

Career earnings

Nathan Cleary’s rugby league career has been highly lucrative. His talent on the field has led to substantial contracts and endorsement deals.

Professional rugby league contracts

Cleary’s earnings from his NRL contracts have grown significantly over the years. He reportedly earns $1.3 million per season with the Penrith Panthers, making him one of the highest-paid players in the league. This salary puts him in the top tier of NRL earners.

His contract value has increased steadily since his debut. Early in his career, Cleary was on a more modest deal. As his skills improved and he became a key player for the Panthers, his worth skyrocketed.

Endorsement deals and sponsorships

Off the field, Cleary has boosted his income through various sponsorships. While exact figures aren’t public, it’s likely he earns a tidy sum from these deals.

His clean-cut image and success on the field make him an attractive option for brands. He’s been seen in ads for sports gear and other products. These deals add to his overall earnings.

As Cleary’s profile grows, so too does his marketability. This could lead to more lucrative sponsorships in the future, further padding his bank account.

Property and investment portfolio

Nathan Cleary has built up an impressive property portfolio at a young age. The Penrith Panthers star owns several properties in Western Sydney.

Nathan Cleary's property investment.
Nathan Cleary’s property investment.

In 2018, Cleary bought a home in Penrith for $1.05 million. This 1970s house is located near BlueBet Stadium, where the Panthers play their home games.

Cleary later acquired another property from his father Ivan. The 892 square metre home changed hands through a family transfer for $1.7 million. Ivan had originally bought it in 2013 for $1.175 million.

These property investments show Cleary’s savvy financial planning. By buying in the Penrith area, he’s invested in a market he knows well. The properties are likely to grow in value over time.

Cleary’s investments go beyond just residential real estate. He’s also put money into other ventures, though details are private. For a young player, he’s made smart moves to build wealth off the field.

Financial milestones

Nathan Cleary’s financial success has been marked by significant achievements in his rugby league career. His earnings have grown steadily since his NRL debut, reflecting his rising star power and on-field performances.

Record-breaking contracts

Cleary’s contract negotiations have set new benchmarks in the NRL. In 2022, he signed a mega-deal worth $5.5 million with the Penrith Panthers. This contract secures him about $1.1 million per season, making him one of the highest-paid players in the league.

The deal not only rewards Cleary’s skills but also helps the Panthers retain their star halfback. It’s a win-win situation that boosts Cleary’s net worth while giving the club stability.

Philanthropic endeavours

While Cleary’s earnings are impressive, he’s also known for giving back to the community. Though specific details of his charitable work are not widely publicised, many NRL players engage in community initiatives.

Cleary’s status as one of the richest rugby players in Australia under 30 puts him in a strong position to make a positive impact. His growing wealth allows him to support causes close to his heart, whether through donations or personal involvement in charity events.

As Cleary’s career progresses, you can expect to see more of his philanthropic efforts come to light, adding another dimension to his financial legacy.

David Ryckman

Senior contributor and editor of Carousel Bondi. If he isn't writing or reading, you will find him down at Bondi Beach. Stories and pitches via editor@carouselbondi.com.au