Patrick Mahomes Net Worth: One of the most well-known and successful athletes in the world, Patrick Mahomes, is the quarterback for the Kansas City Chiefs.
His amazing achievements on the field, along with his magnetic attitude, have earned him not just countless awards, but also significant financial success. In this article, we will look into Patrick Mahomes’ net worth, including the sources of his income and expensive endorsements.
Who is Patrick Mahomes?
Patrick Lavon Mahomes is an American professional football quarterback who plays for the Kansas City Chiefs in the National Football League.
Since taking over as the Chiefs’ main quarterback in 2018, Mahomes has led them to six consecutive AFC Championship Game trips and four Super Bowls. He is one of just five quarterbacks in NFL history to have won three or more Super Bowls as a starter.
Patrick Mahomes Net Worth
According to Sportskeeda, Patrick Mahomes’ net worth is expected to be around $90 million by August 2024. This includes his Kansas City Chiefs contract, under which he earned only $555,000 per year as a newcomer.
Following a 10-year contract with the Chiefs, he became the world’s first professional athlete to sign a deal for half a billion dollars. The arrangement paid him $45 million each year.
However, the Chiefs just modified his contract, and according to the new four-year deal, Mahomes will earn $210.6 million. His endorsement revenues are estimated to exceed $7 million.
You should figure out the other NFL players’ net worths as well:
Patrick Mahomes Sources of Income
Aside from the NFL, his other sources of income are sponsorships and investments. Apart from that, we are not aware of any other source of income.
NFL contracts: Patrick signed a four-year contract worth a total of $16.2 million with the Chiefs in 2017, the year he made his NFL debut. The contract was fully guaranteed and included a $10 million signing bonus.
Endorsements: Aside from the NFL, Patrick Mahomes has earned an estimated $30 million through endorsements with Adidas, State Farm, Oakley, Nestle, and Direct TV, among others. He has also accepted large sums of money to appear in Netflix documentaries and has made numerous sports investments.
Investments: On July 28, 2020, Mahomes joined the Kansas City Royals ownership group as a minority shareholder. He has also partnered with Kevin Durant, Eli Manning, and Rory McIlroy to invest in Whoop, a technology unicorn.
How Many Super Bowls Has Patrick Mahomes Won?
Mahomes and the Kansas City Chiefs have won three of his four Super Bowl appearances thus far, which is a respectable record.
They won in Super Bowl LIV over the San Francisco 49ers. The Chiefs were defeated by Tom Brady and the Tampa Bay Buccaneers in Super Bowl LV. The Chiefs faced off against the Philadelphia Eagles in Super Bowl LVII just a year ago. In Super Bowl LVIII, of course, they succeeded over the 49ers a second time this season.
Patrick Mahomes wife
Mahomes proposed to his high school sweetheart, Brittany Matthews, in a suite at Arrowhead Stadium on September 1, 2020—the same day he received his Super Bowl LIV victory ring.
Conclusion
In conclusion, Patrick Mahomes has established himself as one of the NFL’s most successful quarterbacks while also creating an amazing financial empire.
His accomplishments both on and off the field demonstrate his extraordinary talent and financial sense, solidifying his status as a sports legend. He is estimated to be worth $90 million.