Patrick Mahomes' Net Worth

Patrick Mahomes is an American football quarterback who plays in the National Football League (NFL) for the team of Kansas City Chiefs . He’s one of the highest paid and marketable players in the NFL. He led the Chiefs to their first Super Bowl appearance in 50 years (Super Bowl LIV) where they defeated the San Francisco 49ers for their first Super Bowl victory since 1970. According to republicworld.com Patrick Mahomes’ Net Worth is estimated to be around $30 million.

Patrick Mahomes’ Net Worth

Patrick Mahomes net worth is approximately valued to be around a staggering $30 million. This includes his Kansas City Chiefs contract from which he was earning only $555,000 a year as a rookie. This is set to change to $645,000 after his 10 year deal with the Chiefs. While his endorsements earnings are estimated to be around $7 million.

Patrick Mahomes’ Salary

After his 10 year deal with the Chiefs, Mahomes is estimated to make an average of $45 million per year at the starting of 2022. As of 2020, he’s earning around $10 million along with bonuses and incentives. 

Patrick Mahomes’ Endorsements

Mahomes started receiving multiple endorsement deals following his MVP season. Hunt’s was his first endorsement deal. Following this he signed endorsement deals with Oakley, Essentia Water, Hy-Vee, State Farm, DirectTV, Adidas, and Head & Shoulders. He was also the first Chiefs player to be on the cover of Madden NFL 20. As of now, he is estimated to earn approximately $7 million per year in addition to his official income. 

Patrick Mahomes’ Investments 

Mahomes joined the Kansas City Royals ownership group on July 28, 2020, as a minority stakeholder. He has also joined with the likes of Kevin Durant, Eli Manning and Rory McIlroy to invest in a tech unicorn called Whoop. 

Patrick Mahomes’ Other sources of Income

His other sources of investments include endorsements and investments. 

Patrick Mahomes’ House and Car 

Mahomes drives a Ferrari 812 Superfast. His home measures around 3,759-square-foot. Located in the heart of Kansas City, Mahomes’ home is in a private upscale community. Built in 1953, the mid-century house sits on a large green lot with plenty of backyard space for the dogs to play. It consists of three bedrooms, and is estimated to be around $1.9 million.

Patrick Mahomes’ Charity

Mahomes’ charity called the 15 and the Mahomies Foundation is dedicated to improving the lives of children. He along with teammate Tyrann Mathieu and several other NFL players have raised their voices to condemn police brutality and violence against black people in the United States and for the league to admit it was wrong for silencing Colin Kaepernick and Eric Reid for their protests during the playing of the National Anthem. Mahomes and Tyrann Mathieu started a voter registration project in Kansas City which encouraged Kansas City residents to register to vote in the 2020 Presidential Election. He also encouraged his Chiefs teammates and worked with them to urge other players to vote. He also joined the LeBron James' Rock the Vote initiative to encourage people to register and vote.

Also Read: Patrick Mahomes’ contract breakdown

FAQ

How much money does Patrick Mahomes make a year?

In a year, Mahomes is estimated to make around $39.8 million. It is expected that starting in 2022, Mahomes will make an average of $45 million per year following his 10 year deal with the Chiefs. 

How much did Patrick Mahomes make for winning the Super Bowl?

He earned approximately $1.25 million when the Chiefs won the Super Bowl in 2019. 

How much did Disney pay Patrick Mahomes?

Disney paid $5 million when he said "I'm going to Disney World!" on being asked what he was going to after his Super Bowl win. 

Also Read: Who is Patrick Mahomes' girlfriend?