🏈 Patrick Mahomes Net Worth Overview
Category | Details |
---|---|
Estimated Net Worth | $90 million |
Annual Salary | $52.65 million (NFL contract) |
Endorsement Earnings | Approximately $7 million annually |
Major Endorsements | Adidas, State Farm, Oakley, Head & Shoulders, Subway, T-Mobile, Hugo Boss |
Business Ventures | Ownership stakes in Kansas City Royals (MLB), Sporting KC (MLS), Kansas City Current (NWSL), Alpine F1 team |
Philanthropy | Founder of 15 and the Mahomies Foundation |
Notable Contracts | 10-year, $450 million extension signed in 2020; restructured in 2023 to guarantee $210.6 million over four years |
Super Bowl Wins | 3 (LIV, LVII, LVIII) |
Super Bowl MVPs | 3 (LIV, LVII, LVIII) |
🧠 Introduction
Patrick Mahomes, the dynamic quarterback for the Kansas City Chiefs, has rapidly ascended to become one of the NFL’s most prominent figures. His prowess on the field is matched by his strategic financial decisions off it, culminating in a substantial net worth by 2025.
💼 How Did Patrick Mahomes Accumulate His Wealth?
1. NFL Contracts
Mahomes’ financial journey took a significant leap in July 2020 when he signed a 10-year extension with the Chiefs worth up to $503 million, marking the largest contract in NFL history at the time. In 2023, this contract was restructured to guarantee $210.6 million between 2023 and 2026, ensuring a substantial annual income.
2. Endorsements
Beyond his salary, Mahomes has secured lucrative endorsement deals with major brands such as Adidas, State Farm, Oakley, Head & Shoulders, Subway, T-Mobile, and Hugo Boss. These partnerships contribute approximately $7 million annually to his income.
3. Business Ventures
Demonstrating business acumen, Mahomes has invested in various sports franchises, including ownership stakes in the Kansas City Royals (MLB), Sporting KC (MLS), Kansas City Current (NWSL), and the Alpine F1 team. These investments not only diversify his income streams but also solidify his presence in the sports industry beyond football.
4. Philanthropy
Mahomes founded the 15 and the Mahomies Foundation, focusing on improving the lives of children through health, wellness, and other charitable initiatives. The foundation has made significant contributions, including a $1.625 million commitment to support Boys & Girls Clubs of America and a $5 million donation to Texas Tech University.
Read also: Bill Belichick Net Worth Revealed: How the NFL Legend Built His Fortune
📈 Net Worth Growth Over the Years
Year | Estimated Net Worth |
---|---|
2020 | $34 million |
2021 | $70 million |
2022 | $75 million |
2023 | $80 million |
2024 | $90 million |
Mahomes’ net worth has seen a consistent upward trajectory, reflecting his continued success on the field and savvy financial decisions off it.
🏆 Career Highlights
-
Super Bowl Victories: Mahomes has led the Chiefs to three Super Bowl wins (LIV, LVII, LVIII), earning the Super Bowl MVP title in each.
-
NFL MVP Awards: He has been named the NFL MVP twice, in 2018 and 2022, showcasing his consistent performance and leadership.
-
Pro Bowl Selections: Mahomes has been selected to the Pro Bowl six times, reflecting his status as one of the league’s top quarterbacks.
🔮 Future Outlook
At just 29 years old, Mahomes’ financial and professional prospects remain bright. With ongoing endorsements, business ventures, and a commitment to philanthropy, his net worth is poised for continued growth. His influence extends beyond the football field, positioning him as a prominent figure in sports and business.
❓ FAQs
Q1: What is Patrick Mahomes’ current net worth?
As of 2025, Patrick Mahomes’ net worth is estimated at approximately $90 million.
Q2: How much does Mahomes earn annually from his NFL contract?
Following the 2023 contract restructuring, Mahomes earns approximately $52.65 million annually from his NFL contract.
Q3: Which brands endorse Patrick Mahomes?
Mahomes has endorsement deals with several major brands, including Adidas, State Farm, Oakley, Head & Shoulders, Subway, T-Mobile, and Hugo Boss.
Q4: What business ventures is Mahomes involved in?
Mahomes holds ownership stakes in the Kansas City Royals (MLB), Sporting KC (MLS), Kansas City Current (NWSL), and the Alpine F1 team.
Q5: What is the focus of the 15 and the Mahomies Foundation?
The foundation aims to improve the lives of children through initiatives centered on health, wellness, and education.