What is Patrick Mahomes's net worth? Contract, salary, house cars, endorsements

What is Patrick Mahomes's net worth? Contract, salary, house cars, endorsements

Nowadays, sports looks like the new oil well because of how money moves around in the industry. 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. Patrick Mahomes's net worth should convince any doubting Thomas about the industry's viability.

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Patrick Mahomes's net worth
Patrick Mahomes has experienced a significant increase in his net worth since he signed his latest mouthwatering contract. Photo: @BleacherReport
Source: Twitter

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. The prolific quarterback has proven his quality on and off the pitch. So, his club thinks it is only befitting for everyone's benefit to offer the 26 years old a mouthwatering contract.

Profile summary

  • Full name: Patrick Lavon Mahomes II
  • Nickname: Patomic bomb, Post Mahomes, Kermit, The Baby G.OA.T, The Grim Reaper, and Showtime
  • Gender: Male
  • Date of birth: 17th of September, 1995
  • Age: 27 years old as of 2021
  • Zodiac sign: Virgo
  • Place of birth: Tyler, Texas, United States of America
  • Current residence: United States of America
  • Nationality: American
  • Ethnicity: African-American
  • Religion: Christianity
  • Sexuality: Straight
  • Height in feet: 6' 3"
  • Height in centimetres: 191
  • Weight in pounds: 230
  • Weight in kilograms: 104
  • Hair colour: Black
  • Eye colour: Brown
  • Mother: Randi Mahomes
  • Father: Pat Mahomes (Snr)
  • Sibling: 1
  • Marital status: Married
  • Partner: Brittany Matthews
  • Children: 1
  • School: Whitehouse
  • University: Texas Tech
  • Profession: NFL quarterback
  • Net worth: $40 million
  • Instagram handle: @patrickmahomes

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Background and career information

Patrick Mahomes was born on the 17th of September, 1995, in Tyler, Texas, USA, to Pat and Randi Mahomes. The father was a professional baseball pitcher in his active days, and the younger Patrick picked up a lot of sports ethics from the man while growing up.

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. In college, he played for Texas Tech even though he could play for the Detroit Tigers, who picked him during the 2014 MLB draft.

Patrick balled hard and was soon recognised for his exceptional football talent as he broke many records. His passes per game were tremendous, and he won awards for his commitment and skills. As a result, Patrick Mahomes was finally picked in 10th position overall by the Kansas City Chiefs during the NFL Draft in 2017.

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Patrick Mahomes's net worth
Mahomes played football, baseball, and basketball in high school but decided to focus on football at some point. Photo: @DanWolf123
Source: Twitter

What is Patrick Mahomes' net worth?

According to Celebrity Net Worth, Patrick Mahomes' net worth in 2022 is estimated at $40 million, even though he just signed a record-breaking contract of more than half a billion dollars.

Patrick Mahomes's salary on average is about $45 million, which is an improvement over his initial salary when he signed a contract worth $16.2 million in 2017. But, interestingly, the NFL player's net worth is not just sourced from his club salary and bonuses; he has other business activities where he earns.

Houses and cars

After Patrick Mahomes's net worth after the super bowl in 2020 significantly rose based on the contract he signed with his club, the Baby GOAT claimed that he didn't feel any different and would always remain the same. However, a few days later, he got himself a brand new Ferrari 812 Superfast which cost a massive $338,000.

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The 26-year-old didn't leave his fiancee, Brittany Matthews, out of the cool car gifts as she was spotted driving a Lamborghini with an estimated worth of $200,000.

His house, located between Missouri and Kansas, is worth around $1.8 million. He lives there with his fiancee and their daughter.

Endorsement deals

The professional player, on several occasions, has had endorsement deals with giant companies, including Adidas, Oakley, Essentia Water, DirecTV, Hy-Vee, State Farm, and Head & Shoulders. According to Blue Monkey Sports, Mahones made about $7 million in 2020 as his endorsement earnings.

Patrick Mahomes's contract

Patrick Mahomes's contract details soon became the talk of the town after he signed a lucrative deal with Kansas City Chiefs in 2020. So, how much is Patrick Mahomes's contract? The contract spanning over ten years and ending in 2031 will see the quarterback take home a whopping $503 million if he meets every condition in the deal.

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Patrick Mahomes's net worth
Patrick earns nothing less than $10 million per year. Photo: @AroundTheNFL
Source: Twitter

Patrick is guaranteed a total base salary of $141,481,905. In addition, his signing bonus is $10 million and another guaranteed $63 million at the time of signing.

How much does Patrick Mahomes make a year?

Since signing his new Kansas City Chiefs contract, Patrick earns nothing less than $10 million per year. He got yearly cash of $10.825 million in 2020 and at least $22.807 million in 2021. In addition, he is expected to make at least $29.45 million in 2022, but this could be up to $63,183,541 if he meets certain requirements.

Who is the richest NFL player?

Roger Staubach holds this record even though he retired from the sport long ago. He is worth about $600 million, thanks to his earnings as a quarterback in his playing days and his business dexterity. Nevertheless, the Grim Reaper can get to this height if he delivers on the requirement of his 2020 contract with the Kansas City Chiefs.

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Patrick Mahomes' net worth has the potential of rising in the coming years with the over $500 million contract that he signed with the Kansas City Chiefs. He could be taking home all of the money involved if he meets all requirements, including winning a Super Bowl yearly for the next 10 years.

The NBA has witnessed the dramatic drafting of young and vibrant players in the 2021/2022 season. Nonetheless, as published on Yen.com.gh, most of these active players are yet to clock 20.

Check out the post to learn more about these young players, their ages, and the teams they play for. The post also discusses some of the playing stats since they started.

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