Patrick Mahomes’ Net Worth in 2024: How rich is the Chiefs QB?
Learn all about the Kansas City Chiefs superstar Patrick Mahomes’ impressive net worth, contracts, salary, bonuses, endorsements and more.
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Patrick Mahomes (via Instagram)
The Kansas City Chiefs quarterback Patrick Mahomes has been the premier superstar in the league since 2017. Over the course of his stellar career, Mahomes has added to his net worth and financial portfolio with lucrative contracts, endorsement deals and business investments.
The Kansas City Chiefs drafted Patrick Mahomes in the 2017 NFL draft, and the QB had a fantastic debut against the Denver Broncos leading his team to a win. His marvelous first career touchdown bagged him the title of AFC offensive player of the week. Mahomes played remarkably against the opponents and his popularity grew with time, making him famous as the second youngest Super Bowl MVP in NFL history.
In 2020, the Chiefs extended his contract for 10 long years with a whopping deal amounting to $503 million, making it the largest contract in professional American sports history. Here’s what you need to know about Patrick Mahomes’ net worth in 2024.
Patrick Mahomes’ Net worth
NFL professional Patrick Mahomes has an estimated net worth of about $90 million in 2024. Not many players are fortunate to grab the attention of all sports crowds. Patrick Mahomes is a player having huge earnings which comprises his salary, brand deals, and personal investments.
Over the course of the last seven season in the NFL, Mahomes has made over a hundred million in career earnings alone. He will be making hefty sums in the forthcoming seasons that will add significantly to his overall fortune.
Besides his playing career, the QB has invested extensively across different fields. He has also partnered with renowned outlets including Helzberg Diamonds, Bose, Coca-Cola and Subway which add substantially to his net worth.
Contract, Salary and Bonuses
Patrick Mahomes signed a $450,000,000 contract with the Kansas City Chiefs back in July 2020. It includes a $10,000,000 signing bonus and $141,481,905 of a guaranteed sum. The deal originally came with an average salary of $45,000,000 per annum.
However, in October 2023, the QB was offered a restructured contract which moved an additional $43.3 million into the 2023-2026 league years. This will see him make $210.6 million between 2023 and 2026, at an average of $52.65 million per year, which has made him one of the highest paid players in the history of the league.
Brand Collaborations and Endorsements
Patrick Mahomes’ personality and his performances have grabbed him some of the most sought deals out there. He is associated with brands like Hunts, Oakley, Essentia water, Hy-Vee, State Farm and Direct TV.
The three-time MVP has also partnered with Adidas, Head & Shoulders, Helzberg Diamonds, Bose, Coca-Cola, Subway, and Coors Light. His investments in the ventures like Kansas City Royals, sporting KC, etc. are also notable. All these lucrative endorsement and partnership deals add significantly to Patrick Mahomes’ overall net worth.
Patrick Mahomes’ Charity
The very amazing celebrity player is working towards many causes. He owns a foundation called ’15 and the Mahomies Foundation’ whose major focus is on kids from the underprivileged section.
They help those kids fighting chronic illnesses and other health conditions. Mahomes’ participation is in various charities as well, such as team Luke- hope for minds, the community veterans’ project, and Kansas City’s inner football program offering help and funding for the various grounds.
Patrick Mahomes’ spouse Brittany Mahomes net worth
From teenage lovers to lovers for a lifetime, Mahomes shares a beautiful bond with the lady Brittany Matthews Mahomes, his high school love with whom he tied the knot on March 2022 in Hawaii. The couple is blessed with two kids.
They are always seen cheering each other and are the ultimate power couple. Brittany Mahomes is a former soccer player who later became a certified trainer. She has an estimated net worth of about $10 million in 2024 from her business investments and brand endorsements. The couple shares a home in Kansas City, Missouri, and is living a life of dreams.
FAQs
The Kansas City Chiefs drafted Patrick Mahomes in the 2017 NFL draft.
Patrick Mahomes has won three Super Bowl titles in his NFL career.
Patrick Mahomes is 28 years old.
Patrick Mahomes plays quarterback for the Kansas City Chiefs in the NFL.
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Donna Karen Robinson
(244 Articles Published)