Patrick Mahomes Net Worth And Salary

Patrick Mahomes, one of the most successful and recognized athletes in the world, has an impressive net worth of $90 million and earns a salary of $40 million annually. As the Kansas City Chiefs’ star quarterback, Mahomes has not only shattered records on the field but also become one of the highest-paid athletes globally. After an outstanding college career at Texas Tech, Mahomes was drafted 10th overall in the 2017 NFL Draft by the Kansas City Chiefs. In just a few years, he has led the Chiefs to multiple Super Bowl victories, with notable wins in 2020 and 2023.

Patrick Mahomes Net Worth	$90 Million
Date of Birth	September 17, 1995
Place of Birth	Tyler, Texas
Nationality	American
Profession	American Professional Football Player

Table of Contents

Early Life

Born on September 17, 1995, in Tyler, Texas, Patrick Lavon Mahomes II grew up in a family with strong athletic roots. His father, Pat Mahomes, was a Major League Baseball pitcher, and his mother, Randi Martin, supported his athletic endeavors. While at Whitehouse High School, Patrick excelled not only in football but also in baseball and basketball. His skills on the field were evident early on, as he passed for 4,619 yards and 50 touchdowns during his senior football season while also showing remarkable talent in baseball, throwing a no-hitter with 16 strikeouts.

Mahomes decided to pursue football at Texas Tech, where he broke multiple records, including setting the NCAA record for single-game passing yards with 734 and total offense yards with 819 in one game. His stellar college career earned him the Sammy Baugh Trophy in 2016, cementing his status as a top NFL prospect.

NFL Career and Record-Breaking Performances

In 2017, Patrick Mahomes was selected 10th overall in the NFL Draft by the Kansas City Chiefs, a pivotal moment for both his career and the franchise. He began his NFL journey as a backup but quickly rose to fame after becoming the starter in 2018. During his first full season, Mahomes broke numerous records, including becoming the youngest quarterback to throw for six touchdowns in a game and joining Peyton Manning as the only other player in NFL history to throw for 50 touchdowns and 5,000 yards in a single season.

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His crowning achievement came in 2020 when Mahomes led the Chiefs to their first Super Bowl victory in 50 years, earning the Super Bowl MVP title. In 2023, he led the Chiefs to another Super Bowl win, cementing his legacy as one of the game’s greatest quarterbacks.

Patrick Mahomes Salary and Historic Contracts

Patrick Mahomes’ success on the field led to a historic payday. After proving himself as an elite quarterback, the Chiefs rewarded him with a massive 10-year, $503 million contract in July 2020, the largest in sports history at the time. This contract included $477 million in guaranteed mechanisms, with $140 million guaranteed against injury. The deal solidified Mahomes as the first half-billion-dollar athlete, a remarkable feat in the NFL.

Before this contract, Mahomes had signed a four-year deal worth $16.2 million when he joined the NFL in 2017. By 2020, he was earning $40 million annually, a figure that reflects both his value to the Chiefs and his unmatched talent on the field.

Patrick Mahomes Business

Beyond football, Mahomes has ventured into other arenas, including becoming a part-owner of the Kansas City Royals baseball team in 2020. His diverse portfolio of endorsements includes lucrative deals with brands such as State Farm, Oakley, Adidas, Direct TV, and Helzberg Diamonds. Mahomes’ passion for ketchup led to a quirky endorsement with Hunt’s ketchup, further showcasing his broad marketability.

He also became the cover athlete for Madden NFL 20, the first Kansas City Chiefs player to be featured on the video game’s cover, and later shared the cover of Madden NFL 22 with Tom Brady.

Personal Life

Off the field, Mahomes enjoys a fulfilling personal life. He married his high school sweetheart, Brittany Matthews, in March 2022, and they have two children together. The couple is known for their close bond, with Mahomes proposing at Arrowhead Stadium the same day he received his Super Bowl ring in 2020.

Mahomes is also dedicated to giving back through his “15 and the Mahomies Foundation,” a nonprofit organization that focuses on improving the lives of children. His philanthropy, combined with his on-field success, makes him not only a remarkable athlete but also a role model for many.

Real Estate

In addition to his football achievements, Mahomes has made significant real estate investments. In 2019, he purchased a home in Kansas City for $1.9 million, which he later sold in 2020 for nearly $3 million. He then bought a $3.4 million home in Dallas and a $400,000 undeveloped lot in Kansas City, where he built a dream home featuring luxury amenities, including a football field adorned with his logo.