Patrick Mahomes

Patrick Mahomes is one of the most popular figures in American football. It's amazing to see how far he's come from being a rookie making $555,000 a year to a player who earned some of the richest contracts in football.

Leading the Chiefs to multiple Super Bowl victories, including their first in 50 years, Mahomes has not only dominated the field but also built a substantial financial empire. As of 2024, his net worth has soared to an impressive $90M, making him one of the most marketable and highest-paid players in the league.

What is Patrick Mahomes' Net worth?

What is Patrick Mahomes' salary?

The recent four-year contract pays the champion around $210.6 million, catapulting him near the top of the NFL's highest-paid players list. With an annual salary of $52.65 million, Mahomes trails only Joe Burrow. This deal shows the Chiefs' commitment to their premier player and has the potential to increase to $218.1 million by 2026.

What is Patrick Mahomes' Claim to Fame?

Patrick Mahomes' rise to fame is undoubtedly his incredible talent as a football player. Mahomes is a famous quarterback for the Kansas City Chiefs and is widely regarded as one of the most exciting and talented players in the NFL today. His journey from underdog to champion has achieved numerous records and accolades in his young career, and his performances on the field have captivated fans around the world, on becoming an NFL Superstar. In 2017, Mahomes was drafted by the Kansas City Chiefs with the 10th overall pick. He spent his rookie year as the backup to starting quarterback Alex Smith, but he quickly proved himself to be a valuable asset to the team. In his first year as a starter, Mahomes led the Chiefs to a 12-4 record and a playoff appearance. He also won the league's MVP award, throwing for over 5,000 yards and 50 touchdowns.

Did Patrick Mahomes sign any endorsements?

As far as endorsements go, Patrick Mahomes is now involved with 19 different brands.

• Hunt's: He immediately earned several endorsement deals after his MVP season, beginning with Hunt's.
• Long list of major brands: Mahomes has been associated with several major brands, including Oakley, Essentia Water, Hy-Vee, State Farm, DirecTV, Adidas, and Head & Shoulders.
• Madden NFL 20: He made history by being the first Chiefs player to feature on the cover of Madden NFL 20. 
• Madden NFL 22: The player then joined Tom Brady on the cover of Madden NFL 22.
• Prizm Optics: Being the face of the 'Prizm Optics' campaign of Oakley, Mahomes receives around $7 million per year in endorsement money, which has certainly added to his net worth.

Although the NFL player advertisements for a lot of other brands, it is still unclear how much the celebrity quarterback charges.

How does Patrick Mahomes invest his dollars?

Mahomes is not just a football star; he's also a savvy investor. He makes millions of dollars through a variety of sports-related investments, brands, and ventures outside of the NFL.

• Kansas City Royals: In 2020, he strengthened his hold on the sports business by purchasing 2% shares of the Kansas City Royals. 
• Sporting Kansas City: Mahomes acquired an interest in Sporting Kansas City, an MLS professional soccer team. As the quarterback for the Chiefs, Mahomes has established a strong base in Kansas City, owning a portion of both Sporting and the Royals. 
• Whoop: He has also pumped his cash into the tech firm Whoop as part of a star-studded lineup of investors, including Kevin Durant and Rory McIlroy. 
• Hyperice: Mahomes is a significant investor in Hyperice in addition to serving as one of the company's marketing ambassadors. In addition to receiving payment for endorsements, commercials, and advertisements, he also has stock in the rapidly expanding business. 
• Whataburger: Mahomes is a member of a recently formed franchise ownership group, Whataburger, that collaborated with the eatery to formally introduce it to the Kansas City region and thereafter to Missouri and Kansas. Over the following seven years, Mahomes plans to add 30 Whataburger restaurants to the Kansas City area, further solidifying his foundation there.

These investments have helped him expand his revenue streams and add to his net worth.

How does Patrick Mahomes spend his millions?

Patrick also has a knack for spending on personal assets that include both real estate properties and classy automobiles. He has at least 4 different houses and owns a bunch of supercars as well. He recently surprised his wife with a luxury performance SUV.

How many houses does Patrick Mahomes own?

Patrick Mahomes has already won another Super Bowl. And if that doesn't show you what a winner is, just take a look at the real estate holdings he has accumulated over the last few years.

• Kansas City, Missouri: Shortly after joining the Kansas City Chiefs, in December 2017, Mahomes bought his first house. The 1,800-square-foot pad is estimated to have cost the quarterback $350,000, or about $500,000 in today's currency. 
• Kansas City, Missouri: In January 2019, Mahomes paid a whopping $1.8 million for his Kansas City residence with three bedrooms and four bathrooms. The NFL player's 4,300-square-foot residence is currently valued at about $2.23 million. 
• Belton, Missouri: In September 2020, the American player spent $400,000 for an undeveloped site in the gated enclave of Loch Lloyd, Kansas City. His dream house, which he completed constructing by 2023, has a par three golf course, a gigantic mansion, an enormous pool, a private pond, and half of a football field with his name and logo in the end zone. 
• Westlake, Texas: Mahomes struck a huge bargain when he bought the late Andrew Gissinger III's land in Texas. It was previously offered for $4.26 million, but Mahomes paid $3.37 million in March 2020, which was $890,000 less than the asking price. Mahomes stays here during the off-season.

If he keeps up this pace, though, there's no doubt that this is just the beginning of his real estate endeavors.

How big is Patrick Mahomes’ car collection?

The Super Bowl Champion possesses a soft spot for luxury sleek cars. His car collection ranges from classic American muscle cars to high-end custom-built sports cars.

• Genesis G70: Mahomes purchased this G70 because of its unique Casablanca White color that matches his calm and collected personality off the football field. He paid around $35k for this sports sedan after he was named the 2019 Pro Bowl MVP of the year. 
• Ferrari 812 Superfast: Patrick is the owner of the 812 Superfast, the quickest road-legal Ferrari. He initially paid around $340K for the sports coupe but recently spent a few extra bucks to turn the liquid silver Ferrari into dark gray.  
• Ferrari F8 Tributo: The 2022 Ferrari F8 Tributo is another immaculate Italian beauty in Patrick Mahomes' collection of cars.  He purchased this car for $284,000 to give to his wife Brittany on Mother’s Day.
• Lamborghini Urus: Mahomes' most recent and final car purchase is a 2021 Lamborghini Urus. Its rich black exterior with red interior accents makes the $222k luxury performance SUV one of the best collections of the quarterback.

Considering the new contract he signed with the Kansas City Chiefs, it wouldn't be unexpected if he added more to his already impressive garage.

What are Patrick Mahomes' Charitable Contributions and Philanthropy Endeavors?

Mahomes has used his platform and success to give back to his community and support causes that are important to him. Here are some of Patrick Mahomes' charity contributions and philanthropic endeavors:

• 15 and the Mahomies Foundation: His charitable organization, the '15 and the Mahomies Foundation,' focuses on improving children's lives. Patrick Mahomes donates over $400,000 in his trust for books and other necessary materials.
• An activist: Patrick has also been an activist on matters of the black community, joining other NFL players, including his former teammate Tyrann Mathieu, in protesting against police brutality.
• Boys and Girls Clubs of America: Mahomes has been a long-time supporter of the Boys and Girls Clubs of America. He has visited several clubs in the Kansas City area and has donated money to support the organization's programs.
• COVID-19 Relief: During the COVID-19 pandemic, Mahomes donated meals to healthcare workers and first responders in the Kansas City area. He also partnered with the Chiefs to donate over $500,000 to local organizations that were providing relief to those impacted by the pandemic.
• Voter registration project: The NFL Quarterback also launched a voter registration project in Kansas City to encourage residents to participate in the 2020 Presidential Election and support LeBron James' Rock the Vote initiative.

He has also been involved in Make-a-Wish initiatives and Patrick keeps making an effect and leaving a positive legacy in a variety of sectors and communities across the globe through his noble works.

What’s next for Patrick Mahomes? 

Patrick Mahomes is firmly established as one of the league's best young players, but he still has a long way to go. With a career already filled with accolades and records, he continues to push the boundaries of what’s possible in the NFL. As long as he leads the Chiefs, Patrick Mahomes will undoubtedly continue to break records and set new standards in the NFL.

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