How Patrick Mahomes Increased His Net Worth
Patrick Mahomes net worth is estimated at $90 million, with an annual salary of approximately $40 million from the NFL alone. Widely regarded as one of the most talented quarterbacks in football history, Mahomes is also one of the highest-paid athletes in the world thanks to a record-breaking contract, lucrative endorsement deals, and business investments.
Mahomes starred at Texas Tech University before being selected 10th overall in the 2017 NFL Draft by the Kansas City Chiefs. Since entering the league, he has transformed the franchise into a modern dynasty, leading the Chiefs to multiple Super Bowl championships, including victories in 2020 and 2023.
| Patrick Mahomes Net Worth | $90 Million |
| Date of Birth | September 17, 1995 |
| Place of Birth | Tyler, Texas |
Early Life
Patrick Lavon Mahomes II was born on September 17, 1995, in Tyler, Texas, to former MLB pitcher Pat Mahomes and Randi Martin. A standout multi-sport athlete at Whitehouse High School, Patrick excelled in football, baseball, and basketball. As a senior quarterback, he threw for 4,619 yards and 50 touchdowns, while also rushing for 948 yards and 15 scores.
In baseball, Mahomes threw a no-hitter with 16 strikeouts, and he credits pitching and basketball for improving his arm strength, footwork, and vision as a quarterback. Though drafted by the Detroit Tigers in the 37th round of the 2014 MLB Draft, Mahomes chose to focus on football.
At Texas Tech, Mahomes became one of the most productive quarterbacks in college football history. He set NCAA records for single-game passing yards (734) and total offense (819) in a game against Oklahoma. In 2016, he led all FBS players with 5,052 passing yards and 53 total touchdowns, earning the Sammy Baugh Trophy.
NFL Career
The Kansas City Chiefs traded up to select Mahomes in the first round of the 2017 NFL Draft. He spent his rookie season backing up Alex Smith before taking over as the starter in 2018.
That season, Mahomes made history by throwing for 5,000 yards and 50 touchdowns, joining Peyton Manning as the only players ever to accomplish the feat in a single season. He won NFL MVP, Offensive Player of the Year, earned First-Team All-Pro honors, and was selected to the Pro Bowl.
In January 2020, Mahomes led the Chiefs to their first Super Bowl appearance in 50 years. Kansas City defeated the San Francisco 49ers in Super Bowl LIV, and Mahomes was named Super Bowl MVP, becoming the youngest quarterback and only the second Black quarterback to win the award at the time.
The Chiefs returned to the Super Bowl in 2021 but lost to Tom Brady and the Tampa Bay Buccaneers. Mahomes later underwent surgery to repair a turf toe injury. He rebounded in dominant fashion, setting the NFL record for most total yards by a quarterback in a season (5,608) in 2022 and leading Kansas City to another Super Bowl victory in 2023.
Patrick Mahomes Salary
Mahomes signed a four-year, $16.2 million rookie contract in 2017, which included a $10 million signing bonus. After proving himself as the league’s top quarterback, he became eligible for a contract extension following the 2020 Super Bowl.
In July 2020, Mahomes signed a 10-year contract extension that can reach $503 million, making him the first half-billion-dollar athlete in sports history. The deal includes $477 million in guaranteed mechanisms, with $140 million fully guaranteed against injury.
The contract shattered NFL records and cemented Mahomes as the highest-earning quarterback of his generation.
Endorsements
Beyond football, Mahomes earns tens of millions annually through endorsement deals with major brands such as State Farm, Adidas, Oakley, Hy-Vee, Hunt’s, Head & Shoulders, DirecTV, and Essentia Water. He was the cover athlete for Madden NFL 20 and later shared the Madden NFL 22 cover with Tom Brady.
In August 2020, Mahomes purchased a minority ownership stake in the Kansas City Royals, becoming one of the youngest owners in professional sports.
Personal Life
Patrick Mahomes married his high school sweetheart, Brittany Matthews, on March 12, 2022. The couple has two children. Mahomes proposed at Arrowhead Stadium on the same day he received his Super Bowl ring.
He founded the 15 and the Mahomies Foundation in 2019, which focuses on improving the lives of children through health, wellness, and community initiatives.
Real Estate Portfolio
Mahomes has invested heavily in real estate. In 2019, he purchased a Kansas City home for $1.9 million, later selling it for nearly $3 million. He bought a $3.4 million home in Dallas in 2020 and later acquired land in the exclusive Loch Lloyd community.
In 2023, construction was completed on his custom dream mansion, featuring a massive pool, private pond, a par-three golf hole, and a half-football field with his name and logo in the end zone.
Patrick Mahomes Net Worth
Patrick Mahomes net worth is estimated to be $90 million.