Net Worth

Patrick Mahomes Net Worth (July 2024)

Patrick Mahomes Net Worth

The Kansas City Chiefs explosive quarterback, Patrick Mahomes, has swept the NFL and sports globe. Mahomes has become one of the league’s most renowned and in-demand players with his remarkable arm strength, accurate passing, and unrivaled playmaking under duress.

Mahomes has excelled financially in addition to his on-field accomplishments, amassing a net worth of $90 million that many people can only imagine. This article will look at Patrick Mahomes’ path to an impressive net worth.

Who is Patrick Mahomes?

Who is Patrick Mahomes?

Full Name
Patrick Lavon Mahomes II
Professional Name
Patrick Mahomes
Date of Birth
17-Sep-95
Birthplace
Tyler, Texas, United States
Age
28 years
Nationality
American
Ethnicity
Mixed
Gender
Male
Sexuality
Straight
Religion
Christian
Zodiac Sign
Virgo
Marital Status
Married
Wife
Brittany Mahomes (2022-present)
Height
6 Feet 2 inches
Weight
102 Kg
Profession
American Football Player
Net Worth
$90 Million

Patrick Lavon Mahomes II was born on 17 September 1995. He attended Texas Tech University and played football and baseball.

His father, Pat Mahomes, was a pitcher in Major League Baseball (MLB). He gave up baseball after his sophomore year in order to concentrate entirely on football. In his junior year, he set records for the most total touchdowns and passing yards (5,052) among all NCAA Division I FBS players.

The Kansas City Chiefs picked him with the tenth overall pick of the 2017 NFL Draught. Mahomes feels his basketball and baseball training helped him become a better quarterback.

How Much is Patrick Mahomes’s Net Worth?

How Much is Patrick Mahomes's Net Worth?

American professional football player Mahomes earns $40 million in salary in addition to having a net worth of $90 million. Before being chosen as an elite talent by the Kansas City Chiefs with the tenth overall pick in the first round of the 2017 NFL Draught,  Mahomes was a quarterback for Texas Tech.

He is currently among the world’s top-paid athletes. Mahomes helped the Chiefs win their first Super Bowl since 1969 in 2020. In 2023, he guided the club to another Super Bowl victory.

His Net Worth Trend from 2019 to 2024

His Net Worth Trend from 2018 to 2023

Years
Net Worth
2019
$30 million
2020
$35 million
2021
$40 million
2022
$50 million
2023
$60 million
2024
$90 million

Career

Career

Beginning of his Career

Mahomes always had a passion for athletics, having participated in football, baseball, and basketball during his high school years. He was classified as a three-star recruit even as a teenager and listed as the 12th-best dual-threat quarterback.

Owing to his exceptional athletic ability, Mahomes had offers from other Texas-based universities, such as Texas Tech, Houston, and Rice University. He ultimately chose to pledge to Texas Tech University.

He was even thought to be a possible MLB 2014 draft prospect at one time. The Detroit Tigers selected Mahomes in the 37th round, but he chose to stick with his academic path.

Mahomes began his freshman season with the Texas Tech football team, where he replaced teammate Davis Webb in the starting lineup and promptly put up excellent figures against the University of Texas.

NFL Career

When Mahomes was ready to declare for the NFL Draft, he was ranked the fourth-best quarterback, ESPN ranked him third, and SI.com ranked him as the second-best.

Additionally, during his pro day at Texas Tech, representatives from 28 NFL clubs came to watch him before the draft. Later on, he visited or had private workouts with eighteen organizations, which is the most number of any 2017 prospect.

The Pittsburgh Steelers, Chicago Bears, Cleveland Browns, Cincinnati Bengals, Los Angeles Chargers, Arizona Cardinals, and New Orleans Saints were a few of the teams who showed interest in signing him.

The Kansas City Chiefs chose Mahomes in the first round. On 20 July 2017, he accepted the deal with a four-year guarantee and a $16.42 million contract worth of bonuses, including a $10.08 million signing bonus.

Kansas City Chiefs

Mahomes played the majority of the club’s game against the Denver Broncos in their matchup with the team in week 17, helping them win 27-24.

He completed 22 of the 35 passes in the game, gained 284 passing yards, and had one interception. Mahomes gained increased playing time in 2018 after the Chiefs traded Alex Smith, their leading quarterback at the time, to the Washington Redskins.

With many victories, Mahomes’ numbers increased rapidly after he was named the starting quarterback. This includes his debut against the Los Angeles Chargers, a division opponent. A victory over the Indianapolis Colts would seal the Division Round and set them among the top teams.

Mahomes consented to a contract extension on 6 July 2020. This means he agreed to a 10-year deal valued at a basic salary of $450 million plus up to $26 million in bonus possibilities.

This implies that he will be a Kansas City Chiefs roster member until 2031. At the time of signing, he was the first professional athlete in history to have a contract worth 50 million dollars. It is the richest contract in American sports history.

His Investments

Mahomes has an 812 Superfast Ferrari. His house is approximately 3,759 square feet in size. Mahomes’ residence is in a gated, affluent neighborhood in the middle of Kansas City.

The 1953-built mid-century home is on a sizable green lot with lots of room for the dogs to run about in the backyard. With three bedrooms, the projected cost is around $1.9 million.

Patrick Mahomes’s Philanthropic Side

Children’s welfare is the main focus of Mahomes’ charity, the Mahomies Foundation. Along with several other NFL players, including teammate Tyrann Mathieu, he has voiced his opposition to violence and police brutality in the African-American country.

Frequently Asked Questions

1. What is Patrick Mahomes’ Annual Salary?

According to various genuine reports, Mahomes earns $52.65 million a year.

2. Is NFL Star Patrick Mahomes the Most-Paid Athlete?

With his $52.65 million deal, Mahomes is the second-highest-paid player in the NFL, only after Joe Burrow, who brings in about $55 million annually.

3. Who is Patrick Mahomes’ Girlfriend?

Mahomes is a married man. Brittany Mahomes, an American sports team owner, is his wife.

Wrapping Up

Patrick Mahome’s exceptional skill, commitment, and astute financial decisions are all demonstrated by his net worth. Mahomes has quickly amassed an impressive financial empire with his innovative NFL deal, many sponsorships, and entrepreneurial endeavours.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Emily Blunt Net Worth (July 2024)

Emily Blunt, the versatile British actress renowned for her captivating performances and...

Josh Brolin Net Worth (July 2024)

Josh Brolin, the handsome and versatile actor known for his role in...

Lamelo Ball Net Worth (July 2024)

The energetic and captivating NBA star LaMelo Ball has drawn attention from...

Markiplier Net Worth (July 2024)

Mark Edward Fischbach’s nickname, Markiplier, symbolizes achievement in digital entertainment. Admired for...