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Patrick Mahomes Net Worth - How Much Does The Kansas City Chiefs Star Quarterback Make?
All about Patrick Mahomes’ Net Worth. Read about his NFL Contract, Salary, Brand Endorsements, Investments, and more on Pinkvilla.
After Tom Brady, if we talk about any elite quarterback of this era, it's Patrick Mahomes. The star quarterback of the Kansas City Chiefs is among the most successful players in the NFL, especially in terms of how much he earns from the league. Regarding earnings, here's everything you need to know about Patrick Mahomes' net worth.
What is Patrick Mahomes' net worth?
Patrick Mahomes' net worth is approximately $70 Million, according to CelebrityNetWorth. The star quarterback's net worth is $70 Million, comprised of his earnings from the NFL, income from brand deals, endorsement contracts, investments in real estate, and so much more. All in all, he is one of the highest-paid quarterbacks in the NFL.
Also Read: Patrick Mahomes Ranks NFL's #1 Quarterback Of 2023 Season: Here Are Top 5 In The List
Patrick Mahomes' Contract
Patrick Mahomes was drafted by the Kansas City Chiefs in 2017 in the first round as the 10th overall pick. The star quarterback has been playing in the same team since then. When Patrick Mahomes joined the Kansas City Chiefs, he signed a 4-years-long contract worth $16.2 Million.
The contract was fully guaranteed and, above all, came with a $10 Million signing bonus. In 2020, Patrick Mahomes reportedly signed an extension contract worth more than $400 Million with the Chiefs, reportedly for 10 years. But later that year, it was revealed that the contract was actually worth $503 Million.
The $503 Million 10-year extension contract came with $477 Million as guaranteed money. Patrick Mahomes received about $10 Million as a signing bonus that year and earned a salary of $825k in 2020. In 2023, he reconstructed his $503 Million contract with the Kansas City Chiefs, agreeing on a settlement of $210 Million from 2023 to 2026.
Patrick Mahomes' Salary
Patrick Mahomes is one of the highest-paid NFL quarterbacks of this era. The star quarterback's net worth of $70 Million has been contributed a lot by his salary from the league over the years. Here's Patrick Mahomes' salary breakdown over the years:
| Year | Team | Salary |
| 2017 | Kansas City Chiefs | $465,000 |
| 2018 | Kansas City Chiefs | $555,000 |
| 2019 | Kansas City Chiefs | $645,000 |
| 2020 | Kansas City Chiefs | $825,000 |
| 2021 | Kansas City Chiefs | $990,000 |
| 2022 | Kansas City Chiefs | $1,500,000 |
| 2023 | Kansas City Chiefs | $1,325,556 |
| 2024 | Kansas City Chiefs | $9,850,000 |
Career Earnings
Ever since Patrick Mahomes joined the Kansas City Chiefs, he has earned quite a lot of money from the league. Here's how much Patrick Mahomes earned in his career with the Kansas City Chiefs from the beginning of his career in the league:
| Year | Team | Career Earnings |
| 2017 | Kansas City Chiefs | $10,551,026 |
| 2018 | Kansas City Chiefs | $1,211,635 |
| 2019 | Kansas City Chiefs | $1,958,270 |
| 2020 | Kansas City Chiefs | $10,926,636 |
| 2021 | Kansas City Chiefs | $22,806,905 |
| 2022 | Kansas City Chiefs | $29,450,000 |
| 2023 | Kansas City Chiefs | $59,350,000 |
| 2024 | Kansas City Chiefs | $45,750,000 |
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Patrick Mahomes' Brand Endorsements and Investments
Patrick Mahomes is among the most renowned names in the NFL. The star quarterback's fame and great market image helped him receive multiple successful brand deals in a very short time span in his career. Patrick Mahomes is noted to be in contract with Hunt's Ketchup, thanks to his immense love for Ketchups.
Patrick Mahomes has reportedly signed endorsement deals with brands like Essentia Water, State Farm, Adidas, Oakley, DirectTV, and Head & Shoulders. In fact, Mahomes was also the Kansas City Chiefs' first-ever player to be signed on the cover of Madden NFL 20, next to NFL legend Tom Brady. Mahomes earns more than $7 Million/year through endorsements.
But that's not just where Patrick Mahomes contributes to his $70 Million net worth. The star quarterback of the Chiefs is also an investor in the same team he plays for. On July 28, 2020, Patrick Mahomes became a member of the Kansas City Royals ownership group after buying minority stakes in the team.
Also Read: How NFL star player Patrick Mahomes met Brittany Mahomes? All about couple's relationship journey
Patrick Mahomes' House and Cars
Patrick Mahomes lives in Kansas City with his family. Along with his wife, Brittany Mahomes, Patrick Mahomes purchased their first-ever house in 2019 for $1.9 Million. The property was later sold for a whopping $3 Million. The star quarterback also bought an undeveloped lot in Kansas City for $400k and built a mansion on it.
The mansion comprises elite facilities such as a private pond, pool, and a 50-yard football field. In addition to that, Mahomes also owns a property in Dallas, which he bought for $3.4 Million. Coming to his cars, Mahomes drives a Ferrari 812. But this is not the only car that he owns. Mahomes owns a Lamborghini Urus, which he got in 2021.
In 2019, Patrick Mahomes won the MVP of the Pro Bowl and was offered a Genesis G70, which costs between $42k and $57k. Mahomes also owns a Rolls Royce Cullinan that he got himself in 2020, costing approximately $400k. Another Ferrari Patrick Mahomes owns is the F8 Tributo, which costs over $322K.
Also Read: Patrick Mahomes Parents - All you need to know about Pat Mahomes and Randi Martin!
Disclaimer: All amounts mentioned in the article are sourced from public platforms. In some cases, celebrities or their teams give their input too, which we incorporate if provided by them. We make all efforts to share possible accurate numbers, however, unless otherwise mentioned they are all approximate. We are open to feedback and suggestions on editorial@pinkvilla.com.
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