Patrick Mahomes is known for being one of the richest football players in America. Before being selected by the Kansas City Chiefs as the tenth overall choice in the first round of the 2017 NFL Draft, Patrick Mahomes was a quarterback for Texas Tech. He is currently among the world’s top-paid athletes.
Patrick helped the Chiefs win their first Super Bowl since 1969 in 2020. In 2023, he guided the club to another Super Bowl victory. Therefore, being such a legendary name comes with the question- what exactly is Patrick Mahomes’ net worth? Let’s take a look.
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Patrick Mahomes’ Net Worth Explored
Patrick Mahomes has a net worth of about $70 million and an estimated salary of $40 million. When Patrick initially entered the NFL in 2017, he inked a $16.2 million four-year contract with the Chiefs. Completely guaranteed, the deal included a $10 million signing bonus. Patrick reportedly inked a 10-year deal for ‘over $400 million in total’ with the Chiefs on July 6, 2020.
At first, it wasn’t clear how much would be guaranteed to stay after signing or how much would be a signing bonus. Subsequently, it was revealed that Patrick’s 10-year agreement is valued at $450 million. He is the first athlete in sports history to earn half a billion dollars.
A Look At Patrick Mahomes’ Career
Patrick had quite a career starting in the NFL. The Kansas City Chiefs traded up from their initial 27th overall pick to select Patrick Mahomes with the 10th overall choice in the first round of the 2017 NFL Draft.
As the youngest quarterback to throw for six touchdowns in a game, he set NFL records for the most touchdown passes thrown through the first three career games. The most touchdown passes thrown through the first two games of a season, and the most touchdown passes thrown through the first three games of a season. The Kansas City Chiefs returned to the Super Bowl in 2021.
However, they were defeated 31–9 by Tom Brady and the Tampa Bay Buccaneers. In his first game with more than ten losses in the NFL, Mahomes completed 270 passes for 270 yards and two interceptions.
In his brief NFL career, Patrick Mahomes has already signed many endorsement deals, including one with Justin Hunt following his disclosure of a like for ketchup. Oakley, Hy-Vee, Essentia Water, Direct TV, State Farm, Adidas, Head & Shoulders, and Helzberg Diamonds are some of the other sponsors. As the first-ever Chiefs player to be on the cover of a video game, Madden NFL 20 featured him. He and Tom Brady shared the cover of Madden NFL 22 two years later.
A Little About Patrick Mahomes’ Personal Life
On September 17, 1995, Patrick Lavon Mahomes II was born in Tyler, Texas, to MLB pitcher Pat Mahomes and Randi Martin. At Whitehouse High School, he played basketball, baseball, and quarterback. On March 12, 2022, Patrick Mahomes tied the knot with Brittany Matthews, his high school love.
Together, the pair is parents to a boy and a daughter. On September 1, 2020, at Arrowhead Stadium, the day he earned his Super Bowl ring, he proposed to Brittany. In an effort to better the lives of children, Mahomes founded the 15 and the Mahomies Foundation in 2019.
Patrick Mahomes’ Lifestyle
Mahomes has quite the lifestyle, despite his relatively new-ish career. Patrick paid $400,000 in 2021 for an undeveloped site in the gated Loch Lloyd development near Kansas City. In 2023, work on his ideal house was completed.
It had an enormous mansion, an enormous pool, a private pond, a par-3 golf course, and half of a football field with his name and logo emblazoned in the endzone. He also remains busy with his expensive hobbies of travelling and as such, with his family.
Conclusion
Patrick Mahomes’ net worth is hard-earned and an astounding amount of money is in a short span of career, thanks to his massive wins and endorsements. What are your thoughts regarding Patrick Mahomes’ net worth? Let us know in the comment box below.
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