Do you know how much one of the most famous quarterbacks earns or has a total net worth? Patrick Mahomes is the star quarterback for the Kansas City Chiefs and has not only made headlines with his game-changing plays but also with his massive wealth. Mahomes is living a dream life that many of us can only imagine.
In this blog, we’ll know Patrick Mahomes Net Worth and his career milestones. Stay tuned to the end for some surprising insights into his investments, charity work, and more!
Who Is Patrick Mahomes?
Patrick Mahomes Jr., born on September 17, 1995, is a professional American football quarterback. He’s the face of the Kansas City Chiefs and has achieved incredible milestones in his short career. At just 28 years old, Mahomes has already led his team to multiple Super Bowl victories and secured a place in NFL history.
- Age: 28 years (born 1995)
- Residence: Kansas City, Missouri
- Marital Status: Married to Brittany Matthews
Breaking Down Patrick Mahomes Net Worth
As of 2024, Patrick Mahomes’ net worth is estimated to be $90 million. Here’s where his wealth comes from:
|
Source |
Earnings | Details |
| Salary | $52.65 million/year |
New 4-year contract worth $210.6 million |
|
Endorsements |
$7 million/year | Brands like Adidas, Oakley, State Farm, and more |
| Investments | Undisclosed |
Stake in Kansas City Royals, tech ventures |
How Did He Build His Wealth?
1. Professional Football Career
Mahomes entered the NFL as a rookie earning just $555,000 per year. Fast forward to 2020, he signed a 10-year contract worth $450 million. Recently, the Chiefs restructured his contract to a 4-year deal paying him an incredible $52.65 million annually. This makes him one of the highest-paid NFL players.
2. Endorsements
Mahomes’ charm and talent have made him a favorite for big brands. His endorsement deals include:
- Adidas
- Oakley
- State Farm
- Head & Shoulders
- BioSteel
These deals alone bring him $7 million annually, adding a significant chunk to his net worth.
3. Investments
Mahomes has a keen eye for smart investments:
- Kansas City Royals: Became a minority stakeholder in 2020.
- Whoop: Partnered with Kevin Durant and others to invest in this tech unicorn.
Net Worth Growth Over the Years
|
Year |
Net Worth |
| 2020 |
$34 million |
|
2021 |
$70 million |
| 2022 |
$75 million |
|
2023 |
$80 million |
| 2024 |
$90 million |
Luxuries: Cars and Houses
Mahomes enjoys a luxurious lifestyle with:
- Car: Ferrari 812 Superfast
- House: A $1.9 million home in Kansas City featuring three bedrooms and a large green yard for his dogs.
Giving Back: Charity Work
Mahomes is not just about making money; he’s also about making a difference. His 15 and the Mahomies Foundation focuses on improving children’s lives through health, wellness, and education programs.
- Supported voter registration initiatives in Kansas City.
- Partnered with LeBron James’ Rock the Vote campaign.
- Raised awareness against police brutality and systemic racism.
Awards and Achievements
Patrick Mahomes has achieved more in his young career than most NFL players dream of:
- 2-time Super Bowl Champion
- 2-time Super Bowl MVP
- 2-time NFL MVP
- 6-time Pro Bowler
- NFL Offensive Player of the Year
Fun Facts
- First NFL player to sign with Oakley.
- Featured on the cover of Madden NFL 20 and Madden NFL 22.
- Known for his love of ketchup, he even endorses Hunt’s Ketchup!
Conclusion:
Patrick Mahomes is more than just a football star. His net worth of $90 million reflects not only his talent on the field but also his smart investments and endorsements. From a $555,000 rookie salary to a multi-millionaire in just a few years, his journey is nothing short of inspiring. Whether it’s his charity work or his love for the game, Mahomes proves that success is about passion and dedication.
FAQs
- How much does Patrick Mahomes earn per year?
He earns approximately $52.65 million from his NFL contract. - What is Patrick Mahomes’ net worth in 2024?
His net worth is estimated at $90 million. - Does Patrick Mahomes own any sports teams?
Yes, he owns a minority stake in the Kansas City Royals. - How much does Mahomes make from endorsements?
He earns around $7 million annually from endorsements. - What is Patrick Mahomes’ house like?
His house is a $1.9 million mid-century home in Kansas City with three bedrooms and a spacious yard.
READ MORE BLOGS ABOUT CELEBRITIES NET WORTHS:
- Andrew Tate Net Worth.
- Snoop Dogg Net Worth.
- Virat Kohli Net Worth
- Bruno Mars Net Worth
- Tony Hinchcliffe Net Worth
