SUMMARY
- Patrick Mahomes rises as a prominent NFL quarterback despite recent team setbacks.
- Mahomes' impressive contracts and endorsements pushed his net worth to new heights of $80 million.
Seven seasons into his NFL career, Patrick Mahomes from Kansas City Chiefs is making his way into the sport’s Hall of Fame. His prowess as a quarterback has been a hot topic for fans and football enthusiasts alike. Despite not living up to the team’s expectations this season, Mahomes made the most of his opportunity to shine with what he could do in the postseason.
The 2017 NFL Draft saw a Kansas-based team making a well-thought-out maneuver by trading up with the Buffalo Bills to restrain the Texan sensation as the 10th overall pick. Mahomes has 28,424 yards of throws and 219 touchdowns to add to his tally.
Mahomes has made quite a name and fortune for himself with accolades ranging from lucrative contracts and lavish homes.
Unveiling Patrick Mahomes’ contract details
Spotrac reports that Mahomes raked in a hefty $59.4 million during the regular season. With a potential pay cap of up to $1.3 million based on his performance during the season, Mahomes’ deal is rather a lucrative one. In 2020, when people were locked inside the walls of their homes, Mahomes signed a massive 10-year deal worth $450 million.
“I got drafted here and I just ended up with all these guys.”@PatrickMahomes plays with no regret.
📺: #SBOpeningNight on NFLN & CBSSN
📱: Stream on #NFLPlus pic.twitter.com/oEp6kLf0Lx— NFL (@NFL) February 6, 2024
With no limit whatsoever on his potential profits, this deal will bring him a typical yearly compensation of $45 million until 2031. By the time the autumn of 2023 arrived, the revamped contract produced over $ 210.6 million which is nearly triple the figures posted in the previous year.
Mahomes’ net worth
As of 2024, Patrick Mahomes’ net worth stands at $80 million, as reported by Celebrity Net Worth. The 28-year-old as one of NFL’s highest earners, led the team to their first Super Bowl victory in 50 years. Moreover, his 2020 contract is set to fetch him approximately half a billion dollars, making for an interesting addition to his overall net worth.
Patrick Mahomes is favorite to bring home the MVP award 🥇#SBLVIII #ChiefsKingdom pic.twitter.com/3tE1LqSYvq
— Pinnacle (@Pinnacle) February 9, 2024
Right after the MVP season, Mahomes bagged up several endorsements, including the one with the Hunts. Within a very short time, he found himself partnering with brands such as Oakley, Essentia Water, Hy-Vee, State Farm, DirectTV, Adidas, and Head & Shoulders. Along with fellow quarterback player Tom Brady, the Texas-born shared the spotlight on the cover of Madden NFL 22.
The lavish Kansas City estate of Patrick and Brittany Mahomes
The glamorous NFL couple transformed an eight-acre lot, initially valued at $400,000, into an extravagant estate. The property was completed around February 2023 and boasts of elite features including a modern home gym, an indoor basketball court, a massive movie theater, and an impressive trophy collection corner.
#Chiefs QB Patrick Mahomes and his wife Brittany finished building their dream home.
In 2021, Mahomes announced he bought a plot of land in Kansas City and said he’s building a house there.
This is the result:
▪️ Massive Mansion
▪️ Giant Pool
▪️ Big Private Pond
▪️ Par 3 Golf… pic.twitter.com/zBdCOEVc8K— Dov Kleiman (@NFL_DovKleiman) July 10, 2023
Though the exact size of the house has not been made public, the aerial views suggest ample space to accommodate their family and guests, including close pals like Taylor Swift and Travis Kelce. Patrick and Brittany also own a substantial real estate portfolio. Reportedly, they recently sold their Kansas City condo for approximately $550,000.