Patrick Mahomes Net Worth: NFL Star's Wealth Revealed

Now and then, a talent comes along that wins over fans and changes the game. Patrick Mahomes, the Kansas City Chiefs’ quarterback, is one such star. He dreamed big as a young boy in Texas, throwing footballs with hope.

Years later, that boy is now a top NFL player with a Patrick Mahomes net worth of about $90 million.

He started with a contract worth $16.42 million. But Mahomes didn’t just shine on the field. He won Super Bowls and got a $450 million deal. This made him not just a great athlete but also a smart businessman.

His wealth comes from his skills and his ability to market himself. This has made him very famous today.

Introduction to Patrick Mahomes

Patrick Mahomes is a big name in professional football. He’s known for his amazing skills and big wins. His journey shows how he became the athlete he is today.

Early Life and Background

Patrick Mahomes was born in Tyler, Texas, in 1995. His dad, Pat Mahomes, was a famous MLB pitcher. This made Patrick love sports too.

He was good at football, basketball, and baseball in high school. His talent was clear from a young age.

College Career Highlights

At Texas Tech University, Patrick Mahomes kept improving his skills. He threw for 5,052 yards and 53 touchdowns in 2016. These numbers set records and earned him awards.

He won the Sammy Baugh Trophy for his outstanding performance. This made him a top quarterback in college football. Then, he decided to join the NFL Draft, skipping his senior year to follow his dreams.

Rise to NFL Stardom

Patrick Mahomes became famous with a big moment in the 2017 NFL Draft. His skills as a quarterback caught many eyes. The Kansas City Chiefs picked him as their top choice.

Drafting by the Kansas City Chiefs

In the 2017 NFL Draft, Patrick Mahomes was picked 10th by the Kansas City Chiefs. His great college performances made him a top quarterback prospect. This led to a lot of interest from teams.

But Mahomes’ hard work paid off when the Chiefs saw his potential. They chose him for their team.

2017 NFL Draft Details

The 2017 NFL Draft was full of excitement, especially about Mahomes. After many workouts and reviews, the Kansas City Chiefs picked him as their future quarterback. They gave him a contract worth $16.42 million over four years.

Patrick Mahomes Net Worth Breakdown

As of 2023, Patrick Mahomes is making a lot of money. His net worth is about $90 million. This is thanks to his NFL salary and big endorsements.

He makes a lot from playing football and being a popular athlete. His earnings show his talent and how much people want him to be their brand.

Current Net Worth Estimates

Patrick Mahomes is one of the top earners in sports today. He makes money from deals with Adidas and State Farm. These deals add a lot to his wealth.

He also earns a lot from his business ventures every year. Mahomes is a big name in sports finance.

Salary from the Kansas City Chiefs

Patrick Mahomes gets a lot of money from his deal with the Kansas City Chiefs. In 2020, he signed a 10-year, $450 million contract. This makes him the highest-paid NFL player ever.

He makes about $45 million a year on average. His contract also has special payments, making his salary at least $41.95 million a year until 2031. This shows how important he is to the team and the NFL.

Patrick Mahomes Contract Details

Patrick Mahomes started his NFL career with a big promise. He signed a rookie contract that was a big step for him. It showed he was a star in the making with the Kansas City Chiefs.

His great play on the field made him stand out. This led to a big decision about his money.

Initial Rookie Contract

In 2017, Mahomes got a rookie contract worth $16.42 million. This deal had a signing bonus of over $10 million. It gave him the chance to grow and perform without worrying about money.

This contract was a strong start for his career.

Historic 10-Year Contract Extension

Then in 2020, Mahomes got a huge NFL contract extension for $450 million. He was the first player to get such a deal. The contract had lots of bonuses and guaranteed money, adding up to about $141.48 million.

He’s now with the team until 2031, making $45 million a year on average.

Contract Element	Details
Rookie Contract Value	$16.42 million
Rookie Signing Bonus	$10 million
2020 Contract Extension Value	$450 million
Guaranteed Amount	$141.48 million
Average Annual Salary	$45 million
2024 Total Earnings (Base + Bonuses)	$46,850,000

Mahomes managed his career well and proved his worth. His journey from a rookie to a star player is inspiring. It shows how he’s become one of the most important players in the NFL.

Endorsements and Business Ventures

Patrick Mahomes has turned his NFL fame into a big success in endorsements and business. He’s very popular off the field too. This has led to big deals that add a lot to his income. In 2022, he made over $20 million from endorsements alone.

Key Endorsement Deals

Many brands want to work with Mahomes because he’s so valuable. Some of his big deals are with:

State Farm
Adidas
Oakley
DirectTV
BioSteel
Head & Shoulders

These deals show off his skills and charm. He’s a big name in ads.

Investment Opportunities and Ownerships

Mahomes also knows a thing or two about making smart investments. He puts his money into different areas, like:

Investment	Details
Kansas City Royals	1% ownership stake in MLB team valued at $1.2 billion
Kansas City Current	Investor in professional women’s soccer team
Whoop	Investment in sports recovery company valued at $3.6 billion
Hyperice	Stake in wellness company valued at $700 million
KMO Burgers	Invested in fast-food business expansion (Whataburger)

These investments show Mahomes’ smart choices. They help grow his wealth and inspire other athletes.

Impact of Championships on Wealth

Patrick Mahomes has had a lot of success, especially with his Super Bowl wins. Being with the Kansas City Chiefs has given him many awards and helped his money situation a lot. It shows how winning in the NFL can make a big difference in a player’s wealth.

Super Bowl Victories

With three Super Bowl wins in 2020, 2023, and 2024, Mahomes became more famous. These wins made him more popular and valuable for companies to work with. This means he can make more money from endorsements.

Financial Benefits of Winning

Winning the Super Bowl means a lot of money for athletes. For Mahomes, each win makes him more powerful in talks about money and deals. These wins can lead to bigger contracts and bonuses, making his wealth grow.

Looking at Mahomes’ money situation, we see a clear link between his sports success and his wealth. His net worth is about $90 million.

Patrick Mahomes’ Lifestyle and Investments

Patrick Mahomes lives a life that shows his success and smart investing. He picks real estate and luxury cars that show his wealth and style. These choices help grow his net worth a lot.

Real Estate Ventures

Mahomes has invested in real estate worth about USD 8 million. His main home is a USD 1.75 million mansion with cool stuff like a shoe closet and a gym. He also has a condo over USD 500,000 and another property around USD 400,000.

These fancy homes match his famous lifestyle.

Luxury Vehicles and Assets

Luxury cars are big part of Mahomes’ life, showing his style and status. He has amazing cars like the Ferrari 812 Superfast, Rolls-Royce Cullinan, and Lamborghini Urus. These cars are fast and fancy, just like Mahomes.

With an income of about USD 59.3 million a year, he can afford these cars and still manage his money well.

Property Type	Value (USD)	Details
Primary Residence	1.75 million	Mansion with luxury amenities
Condo	500,000	Stylish urban living space
Additional Property	400,000	Investment property
Luxury Vehicles	N/A	Includes Ferrari, Rolls-Royce, Lamborghini

Conclusion

Patrick Mahomes is not just a great quarterback, but also a big money maker. He has a net worth of $90 million thanks to his NFL career. His big contract with the Kansas City Chiefs and deals with brands like Adidas and State Farm have helped his wealth grow.

His wealth shows how important NFL earnings can be. His huge contract is the biggest in American sports history. Now, he makes $52.65 million a year. With his leading stats in passing yards and touchdowns, his wealth is expected to keep growing.

Mahomes is making smart moves with his money, investing in sports and getting endorsements. He lives a life of luxury but also makes smart money choices. With his talent and business smarts, Patrick Mahomes will be a big name in finance and sports for a long time.

Patrick Mahomes Net Worth: NFL Star’s Wealth Revealed