Forbes estimated that Mahomes earned $20 million in endorsements in 2022, trailing only Brady in off-field earnings. Patrick Mahomes Net Worth [ 2023 Update ] NFL Career & Cars In terms of investments, Mahomes seems Salary, house, and other assets he owns, Download YEN's news app on Google Play now and stay up-to-date with all major Ghana news. To date, Mahomes has reeled in about $47.5 million, per Spotrac. He soon got offers from Rice, Texas Tech, and Houston. "Not only has his value gone up, but he has the ability to position himself in a number of different ways from a branding perspective," Rosner said (via CNBC). For the first time since he became the starter in 2018, Mahomes will have a new primary backup. They live in a beautiful $1.9 million home that sits on a large green lot with plenty of backyard space for his dogs to play. Read more: The Chiefs took a big gamble by trading up for Patrick Mahomes, and now it looks like a steal, Read more: How Patrick Mahomes went from a high school baseball star to the face of the NFL, Read more: Patrick Mahomes once again proved he is the king of NFL comebacks, erasing a 10-point 4th quarter deficit to win Super Bowl LIV, A post shared by Patrick Mahomes II (@patrickmahomes), Read more: Why Patrick Mahomes' record-breaking $503 million contract extension still looks like a bargain for Kansas City, Read more: Patrick Mahomes is so good that he just signed the biggest deal in sports history and everyone thinks he could have gotten more, Read more: Patrick Mahomes spent some of his $503 million Chiefs mega deal buying a stake in the Kansas City Royals, becoming the youngest owner in MLB history, Read more: Patrick Mahomes fianc of KC NWSL team owner Brittany Matthews rocks fiance's jersey at the team's first home game, Carmen Mandato/Getty Images for The Match, The Chiefs took a big gamble by trading up for Patrick Mahomes, and now it looks like a steal, How Patrick Mahomes went from a high school baseball star to the face of the NFL, Patrick Mahomes once again proved he is the king of NFL comebacks, erasing a 10-point 4th quarter deficit to win Super Bowl LIV, Why Patrick Mahomes' record-breaking $503 million contract extension still looks like a bargain for Kansas City, Patrick Mahomes is so good that he just signed the biggest deal in sports history and everyone thinks he could have gotten more, Patrick Mahomes spent some of his $503 million Chiefs mega deal buying a stake in the Kansas City Royals, becoming the youngest owner in MLB history, Patrick Mahomes fianc of KC NWSL team owner Brittany Matthews rocks fiance's jersey at the team's first home game. Patrick Mahomes He is the third highest-paid NFL Is Rihanna the first billionaire to perform at a Super Bowl halftime show? Conor McGregor | $48 million (Endorsements: $16 million. The post also discusses some of the playing stats since they started. Patrick Mahomes' brother under investigation for alleged assault Patrick Mahomes Currently, Mahomes has a net worth of 30 million (via Sports Casting ). This is just one of these examples. Chris Gardner is an American businessman, entrepreneur, stockbroker, and motivational speaker, whose estimated net worth is $70 Million. By Week 17 of his second season in the NFL, Mahomes emerged as the second NFL quarterback to record 50 touchdowns and 5,000 passing yards. Patrick Mahomes' staggering net worth proves he's come a long way since being drafted to the NFL in 2017. The 2018 season proved to be a memorable season for Mahomes. In the late 1990s, he made his acting, Read More Ashton Kutcher Net Worth: Career & LifestyleContinue, American tennis player, Sloane Stephenss Religion captivated fans interest after participating in the upcoming 28th edition of the Hobart International Championship. Patrick Mahomes ($30 million), Brittany Matthews ($3 million) Sterling Being the loving daughter of Patrick Mahomes and his devoted wife, Brittany Mahomes, Skye Mahomes is a well-known celebrity child. Before that year, the team was brought for $1 billion. Moreover, he established this foundation to improve the lives of underprivileged children. Adidas: Mahomes signed an endorsement deal with Adidas in 2019. What is Emily Compagnos Net Worth in 2023? Patrick Mahomes His current salary is $40 million annually, only expanding Patrick Mahomes net worth. Through his foundations 15 FOR 15 program, he gave out $15,000 to 15 charities in Kansas in 2019. Patrick Mahomes's net worth in 2022 has seen him rise to the top of the financial ladder as far as the National Football League is concerned. Rory McIlroy | $52 million (Endorsements: $30 million. In addition to his salary and bonuses, Mahomes also earns endorsement deals with companies like Adidas and State Farm, estimated to be worth over $5 million annually. He may be excellent at making snap decisions while in the middle of a game, but we're most interested in the business decisions he's made off the field that have caused his bank account to be the size of an NFL Stadium. In 2013, Mahomes, an athletic standout in high school, tweeted his desire to be a Super Bowl MVP someday. Patrick Mahomes Source of wealth: his career as an American football quarterback and endorsements; Patrick Mahomes net worth: Early life and personal life. Impressive, but even more so is that when that final second slipped away in the fourth quarter, Mahomes became the youngest quarterback in the history of the NFL to snatch that Super Bowl ring (via CNBC). It's not rare for our writers and team members to collaborate and work together to create the articles you read on the site. He also has a share in the Kansas City Royals baseball franchise, which is valued at great amount, making Patrick the sports youngest team owner in history. I look at the recovery, I look at the strain, I look at all the different analytics that it has, to help prepare my body to be in the best possible shape.. But that is set to look like merely the foundation for the brand he's building for himself. Salary: $30.4 million), 1. Patrick went to Whitehouse High School, where he became part of both football and baseball teams. The prolific quarterback has proven his quality on and off the pitch. However, he did not sign a contract. Salary: $28.2 million), 6. Mahomes invested in wearable-technology company Whoop in 2020, when it had a $1.2 billion valuation. Mahomes played college football for Texas Tech University before participating in the 2017 NFL Draft. So, Patrick Mahomes net worth will drastically change if this gets finalized. Patrick Mahomes NFL Network reported in July 2020 that Mahomes signed a 10-year contract with the Chiefs for $503 million. He also is a part owner of Kansas Citys first Whataburger restaurant, according to local reports, as well as the Kanas City-based private jet company Airshare. And from the looks of it, he's about to go even further in the future. Javed Afridi Net Worth in 2023 The Owner of Peshawar Zalmi. Since Mahomes is an extremely valuable player, he could eventually be worth $200 million, if he signs a 5-year contract that pays $40 million annually, according to the article. He led the Chiefs to bring the Super Bowl trophy to Kansas City after a 50-year drought. Patrick Mahomes has an estimated net worth of $40 million which is formidable, to say the least. Matt is highly recognized for his work in Good Will Hunting, The Martian, The Bourne Identity, and, Read More Matt Damon Net Worth: Movie Career & LifestyleContinue, The eminent American YouTube personality, comedian, and actor Rhett/Link have a combined net worth of $30 million as of , . Patrick, an American young football player for NFL, has an estimated net worth of $30 million as of February, 2023.. Currently, Mahomes has a net worth of 30 million (via Sports Casting). Patrick Mahomes 2020 Ferrari 812 Superfast starts at $338,000. With all incentives and bonuses Patrick Mahomes 2022 salary would be around $35 million a year. Patrick Mahomes Net Worth In 2023: Biography, Endorsement He has since been featured in several ad campaigns for the brand and has helped to promote their line of football cleats and apparel. Patrick Mahomes Patrick Mahomes became the first Chiefs player to cover athlete for Madden NFL 20. Harry Kane Net Worth 2020 How Rich Is He? Lewis Hamilton | $54 million (Endorsements: $12 million. Additionally, he also signed an endorsement deal with Helzberg Diamonds. Roger Staubach holds this record even though he retired from the sport long ago. Furthermore, Mahomes is a fun-loving person. Lionel Messi Net Worth 2020, Salary & Endorsements. Patrick Mahomes Mahomess off-field earnings portfolio is also impressive. His rookie season was quite impressive as Mahomes was allowed to play during the playoff and thus recorded 22 passes completion out of 35. With so many talents and skills, Patrick Mahomes net worth has been redefined. Russell Westbrooks Net worth and how much he makes per year, Draymond Green Net worth, Salary, and Businesses>>>. According to Spotrac, the 24-year-old signed his first deal, a four-year, $16.42 million contract, in 2017. This includes the $555,000-per-year rookie salary he received from his contract with the Kansas City Chiefs. Sports Al Dente All Rights Reserved. Patrick Mahomes contract shows the gap in pro, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Welcome to the new courant.com: Whats changed, FAQs and more, Patrick Mahomes contract shows the gap in pro sports paydays, Azzi Fudd inching closer to returning for UConn women. Patrick Mahomes Net Worth 2023, Salary, $503M Contract Patrick Mahomes net worth is $50 million, and all of the earnings come from his career as a professional football player. he also makes impressive cash from endorsements and sponsorships. Patrick Mahomes is at the top of his career now and definitely deserves a good paycheck. After playing college football at Texas Tech University, Mahomes got drafted by the Kansas City Chiefs in the 2017 NFL Draft. Visit a quote page and your recently viewed tickers will be displayed here. Rising NFL player Patrick has had a passion for playing baseball since his childhood days. Patrick Mahomes contract details At the time of signing his deal in September 2020, Mahomes' total contract value sat up to $502.631 million over 12 years if he hits all of his incentives. Patrick Mahomes Post-Super Bowl victory, he also inked a deal BioSteel Sports Nutrition. Kansas City Chiefs quarterback, Patrick Mahomes, sure has come a long way from his humble beginnings in Tyler, Texas. Even that total is attached to a mostly unfamiliar term, guarantee mechanisms, which immediately raised the hackles of people familiar with the leagues ability to inflate the value of its deals. He threw for over 5,000 yards and 50 passing touchdowns in his first year as a starter and has 75 touchdown passes over the past two seasons. Anthony Richardson, a starter with a completion percentage of 53.8% has seen his draft stock skyrocket in recent weeks, going from second-day prospect to top-10 projection. Mahomes is earning an average annual value (AAV) of $45 million, among the highest figures in the league. Patrick Mahomes Copyright 2023 Sporting News Holdings Limited. What is Patrick Mahomes net worth after Super Bowl? The latest rates on savings accounts and money market accounts. Growing up, he did not have many positive male role models. The quarterback has agreed to a 10-year contract extension with the Chiefs, worth a reported $503 million. The Chiefs will have several opportunities along the way to stop paying Mahomes if they so choose, and if they do, he can become a free agent. Patrick Mahomes played football, baseball, and basketball in high school but decided to focus on football at some point, which later proved to be the best decision for him so far. Patrick Mahomes Net Worth 2021: Income, Endorsements, Should we cut my sister out of the family inheritance? I invest in things that Im passionate about and things that I think help me every day, Mahomes said on an episode of Whoops podcast. His fortune could rise as high as $100 million in the next couple of years. Chiefs free-agency shopping list includes a new backup for Since the historic win where Kansas City Chiefs claimed their second Super Bowl title against the Philadelphia Eagles in Arizona, the NFL quarterback and his wife Brittany have been heavily invested in spending all their time together. What Is Patrick Mahomes Net Worth? - yahoo.com These concepts should not shock anyone, as Tom Brady and the New England Patriots recently tore up the two remaining years of a contract extension he had signed just a year before, allowing the six-time Super Bowl winner to depart for Tampa Bay. What is Like Nastya Net Worth? Mahomes soon became a senior, and Patrick Mahomes net worth was slowly on the right path. "I'm trying to formulate a plan where I can take those next steps off the field," he claimed (via Forbes). I check my Whoop every single day. Patrick Mahomes contract details: Chiefs QB These two contracts connected, amusingly enough, by Bonilla having been teammates with Mahomes father, Pat, in the formers final season with the Mets provide a perfect jumping-off point for comparing how contracts are structured in the NFL versus in other pro leagues. That season, Mahomes recorded several feats. As a result, Patrick Mahomes was finally picked in 10th position overall by the Kansas City Chiefs during the NFL Draft in 2017. Being a famous NFL quarterback with a likable personality comes with a lot of endorsement deals. PJ Washington Net worth: What is the Contract and Salary of the NBA Star. Matt Damon is a talented Oscar-winning actor, movie producer, and screenwriter. Nonetheless, as published on Yen.com.gh, most of these active players are yet to clock 20. Cristiano Ronaldo | $105 million (Endorsements: $45 million. From the cash compensation that athletes get for a job well done to television rights and juicy endorsements, it seems to be a sort of El-Dorado for those who like sports. His new record-breaking 10-year contract with the Kansas City Chiefs would see the top star earn up to $503 million if he does take it to the end. Check your inbox to be the first to know the hottest news. Upon getting drafted into the NFL, Mahomes signed his first pro contract with the Chiefs for 4 years worth $16 million. The Kansas City Chiefs stars worth is bound to take an enormous jump following his new 10-year deal worth $477 million. WebSource of Wealth : TikTok, Endorsements; Girlfriend : Single (presumably) Net Worth : $800,000; Early Life and Family. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Affiliate Disclosure: We may earn commissions from purchases made on Amazon via our links. A Look at the Comedians Net Worth, Check Raquel Welch Net Worth At The Time of Her Death. Patrick Mahomes In his junior year and final season of college football, Mahomes ranked as the top passer in the US, which earned him the Sammy Baugh Trophy. Patrick Mahomes As one of the biggest stars in the league, Mahomes makes tons of money both on and off the field. It was a massive achievement that resulted in notable upgrades to Patrick Mahomes net worth. His contract will continue till 2032; after that, the player will become a free agent. Salary: $47 million), 10. Mahomes played three years of college football before entering the 2017 NFL Draft. But it also was simply a reflection of the ironclad guarantees that are baked into Major League Baseball contracts. +2.10%, See also: Is Rihanna the first billionaire to perform at a Super Bowl halftime show? But it is something of a coup for his league that this deal is being reported by some as the largest in pro sports when he is guaranteed less total money than the $161 million the Baltimore Orioles are obligated to pay Chris Davis, who is perhaps the worst everyday player in baseball. Patrick Mahomes "I've watched and researched on how they got to where they are at," Mahomes said. How much has the Chiefs quarterback made over his career? Moreover, Patrick was the tenth overall selection by Kansas City Chiefs. Mahomes may make $500 million between now and 2031. What Is Patrick Mahomes' Net Worth We will also take a look at how he spends his fortune and the ways in which he gives back to his community. The diamond also featured his logo in a line of necklaces. Mahomes