Patrick Mahomes Net Worth

Patrick Mahomes is an American professional footballer who has an estimated wealth of over $90 million as well as an annual salary of $40 million. Patrick Mahomes played quarterback for Texas Tech before being drafted as the 10th choice in the initial stage of 2017’s NFL Draft by the Kansas City Chiefs. He is now one of the top-paid athletes around the globe. In the year 2020, Patrick led the Chiefs to their first Super Bowl win since 1969. Patrick led the team to a second Super Bowl win in 2023.

Early Life

Patrick Lavon Mahomes II was born in Tyler, Texas, on September 17th, 1995 married to MLB pitcher Pat Mahomes and Randi Martin. He was a the position of quarterback for Whitehouse High School, where he also played baseball as well as basketball. As a senior player on the team for football, he was able to throw for 4 619 yards, and scored 50 touchdowns, to add to 948 rushing yards as well as 15 touchdowns rushing. On the baseball field, he pitched the no-hitter, which included 16 strikeouts. He believes that pitching and playing basketball has helped him develop as a player over the years. Patrick was ranked as the 12th best dual threat quarterback in his class when he was three-star recruit. He was offered by Texas Tech, Rice, and Houston. He was picked for the Detroit Tigers in the 37th round of the 2014 MLB Draft but did not sign a contract because the team decided to concentrate exclusively on the game of football.

Mahomes played for the college team during his time at Texas Tech, where he was named second-team All-Big-12 in the year 2016. He also set NCAA records for single game yards passing at 734 and single-game yards total offense of 819 during the exact same match against Oklahoma. In his junior season the team was ranked among the entire NCAA Division I FBS players with 5,052 passing yards as well as 53 touchdowns in total. The team was named his team’s Sammy Baugh Trophy winner in 2016.

Patrick Mahomes Net Worth Growth

NFL Career

The 2017 NFL Draft, the Kansas City Chiefs picked Patrick Mahomes with the 10th overall selection in the initial round, after trading up from their initial 27th spot. He started his rookie year as a backup to Alex Smith and was named the team’s starter in the 2018 season. Smith established NFL records for the most touchdown passes in the first three games of his career as well as the highest number of touchdown passes that were thrown during both games in the season’s first. He also had the highest number of touchdown passes made during all three of the games in a season and was the first quarterback to throw six touchdowns during a game. He was the first quarterback who threw for more than 5,000 yards over the course of a season, both in professional and college. He became a part of Peyton Manning as the only players in NFL history to throw 50 touchdowns and 5000 yards in one season. Mahomes received the honor of being named NFL Offensive Player of the year and NFL MVP and was selected as the All-Pro First Team All-Pro and then selected for the Pro Bowl.

In the month of January, 2020 Patrick along with the Chiefs were victorious in their first AFC Championship, which sent the team on to Super Bowl LIV, the team’s first Super Bowl appearance in 50 years. He was named “Sports People’s Illustrated Sportsperson of The Year of the Year.” It was the time that Kansas City Chiefs defeated the San Francisco 49ers 31-20, and Patrick Mahomes was named the Super Bowl MVP, the second black quarterback, and the youngest overall to be awarded the prize. Mahomes is the third black player to win the Super Bowl.

In 2021, the Kansas City Chiefs made it back to the Super Bowl but lost to Tom Brady and the Tampa Bay Buccaneers 31-9. Mahomes threw for 300 yards with two interceptions, one of the first games with a double-digit loss in his NFL season. Following the game three days later Patrick had surgery to repair his turf injury that suffered during the Divisional Round game against the Cleveland Browns.

Patrick Mahomes broke his own NFL record with the longest yards a quarterback can achieve in a single season in 2022. He had 5,608 yards. He also surpassed the record set by his Chiefs record for the franchise’s passing yards over the course of a season, with 5250. Mahomes’ Chiefs defeated their rivals their counterparts the Cincinnati Bengals in the AFC Championship game to win their third Super Bowl in four seasons.

Salary, and Contracts

in 2017, the year that he first joined the NFL, Patrick signed a four-year deal with the Chiefs that was valued at $16.2 millions. This contract was guaranteed in full and also included the possibility of a signing bonus worth 10 millions. Following showing his star status in the NFL, many NFL analysts believed that the contract of Patrick would differ from any other contract the league ever seen. The predictions proved highly, extremely precise.

When he played in the Super Bowl, he had two years of his rookie contract to run. He was able for an extension following it was decided that the Super Bowl ended. Many speculated that his extension could set new NFL records. There was widespread belief that it was likely that Patrick will sign a new record in the NFL. The figure will be worth the sum of $20 million. It was expected to be at least 50% guaranteed and comprise at least 40 million as the annual average salary.

If you think $200 million isn’t an amount, take note of the date Eli Manning retired in the 2021 Super Bowl, he retired with a record-setting football league the total of his earnings over the course of his career, of which, at the time was $250 millions. Eli had been successful in earning that record-setting amount over 17 years, and on a variety of contracts, earning huge amounts in money.

$500,000 Million Agreement

The month of July in 2020, it was revealed the fact that Patrick is signing a 10-year contract extension with the Chiefs that was worth “over 400 millions”. It was unclear initially what figure would be a prize for signing or what percentage of the remaining sum was guaranteed.

Then it was revealed that Patrick’s contract would be of $450m over 10 decades. To give background, when the contract was signed, the most lucrative player in the NFL ever, Drew Brees was making approximately $245 million during the entirety of his career.

The following day, the total value of the Mahomes contract was revealed as $503 million if it is able until close. Also, it was confirmed the agreement has $477 million worth of “guaranteed mecanisms,”” one of the guarantees was $140 million which is protected from injuries. It is the first time that he’s been one of the first half billion dollar athletes in sports history..

Kansas City Royals

In August of 2020, following his Super Bowl win earlier in the year, it was found that in the process of signing a contract of $500,000, Patrick had also reached an agreement to buy shares in the Kansas City Royals baseball team. It’s unclear exactly what stake Mahomes purchased, but a year before the team was purchased at a cost of $1 billion. Therefore, the one percent stake in ownership might have been worth approximately 10 million. In the years at the time of his career, Mahomes was earning an average of $13 million on the field.

Endorsements

Patrick Mahomes has received numerous endorsement deals during his short NFL career. Some of them include Hunt’s following the revelation of his fondness for Ketchup. Other sponsors include Oakley, Hy-Vee, Essentia Water, Direct TV, State Farm, Adidas, Head & Shoulders as well as Helzberg Diamonds. He was the cover-athlete for Madden NFL 20, the first Chiefs player to be featured in the history of the game. In the following year, he appeared on the page of Madden NFL 22 with Tom Brady.

My Life

Patrick Mahomes married his high school sweetheart, Brittany Matthews, on March 12 2022. The couple has two children with two daughters and a newborn child. They was engaged with Brittany on September 1st in 2020, at Arrowhead Stadium, the same day he was presented with his Super Bowl ring.

Mahomes created an organization that is non-profit named”The “15 and The Mahomies Foundation” in the year 2019, to improve the lives of children.

Patrick Mahomes is the godson of previous Major League pitcher LaTroy Hawkins who was also his father’s teammate on his team called the Minnesota Twins.

Real Estate

The year 2019 Patrick purchased $1.9 million to purchase a home situated within Kansas City. The house was scheduled to be sold for less than 3 million June 1, 2019. This property ended up being sold in just just a couple of hours after listing.

In the beginning of the year 2020 Patrick could afford to shell out $3.4 million to purchase a home located in Dallas.

The year 2021 was when Patrick bought the property for $400,000, which was an undeveloped property situated at Loch Lloyd, an exclusive Kansas City gated community of Loch Lloyd. In 2023, the building of his dream home was completed featuring a sprawling mansion, an enormous swimming pool, a private pond and with an 18-hole golf course, and a half-football court which has Patrick’s personal logo and his name inscribed on the field’s boundary.

Disclaimer Net worth figures shown on this site are estimates from various sources that are available to the general public. The figures might not be accurate because they are taken from the range of internet-based resources such as financial reports, financial information and estimations. The real value of a celebrity’s net worth may fluctuate due to many circumstances, ranging from but not restricted to, new businesses, investments as well as market conditions along with personal expenses.