Patrick Mahomes Net Worth, Contract & Endorsements

• Patrick Mahomes is a three-time Super Bowl champion and Super Bowl MVP.

• In seven years in the NFL, he’s reportedly earned as much as $135 million.

• Mahomes’ net worth is estimated to be in the region of $70-90 million.

Patrick Mahomes entered the NFL as an unpolished gem, being given a season to adjust mentally to the professional level and, more importantly, refine that canon of an arm. 

After a single start in the 2017 campaign, Mahomes stepped out as the starting QB for the Kansas City Chiefs, and in the six seasons since, he’s won the Super Bowl three times and was named the Super Bowl MVP in each. 

With many ranking him as the best quarterback in the NFL right now, some want to know what Mahomes’ net worth is. Here, we explore what that figure might be.

Career Earnings and Endorsements

According to Forbes, to date, Patrick Mahomes has collected over $59.4 million in salary and winnings as well as around $25 million in endorsements, putting his career earnings at over $84.4 million already.

Sites like Spotrac, which track NFL player contracts and earnings, put Mahomes as getting $45,750,000 in cash across the base salary, workout bonus, restructure, and roster bonus elements of the 2024 section of his contract. 

They put his career earnings, without considering endorsements, at over $136 million and his current ten-year deal, which was signed in 2020, to yield him $141 million on top of the $16 million from his rookie deal.

As for endorsements, the superstar slinger has amassed quite a portfolio. He’s officially signed to 15 companies, per 1Up Sports Marketing, which includes Oakley, Adidas, Boss, and Coors Light.

Already on top of the American football world, the NFL odds expect Mahomes and the Chiefs to complete a treble of consecutive Super Bowl wins this season, which would only propel the QB’s earnings further.

How Much Is Patrick Mahomes Worth?

Patrick Mahomes is estimated to have a net worth in the region of $70 million to $90 million, with his high-earning career being heavily bolstered by a strong portfolio of other business endeavours. 

If the 29-year-old remains fit and firing for the Chiefs, that number will see a significant uptick each year. 

On top of bonuses for postseason progression, individual honours, and maybe another Super Bowl win, he’s averaging a salary of $45 million right now. 

So, how does the Patrick Mahomes net worth compare to a legend of the sport? Tom Brady’s net worth, with nearly two decades on Mahomes, is estimated to be in the region of $300 million. 

The Mahomes Home

Patrick Mahomes and his wife, Brittany, recently moved on from their $2.9 million ranch in Kansas City to a much larger, custom-built mansion with all of the trimmings a sports star could want. 

Their mansion reportedly cost $8 million to build and includes an American football field, a colossus of a swimming pool, and a golf course for good measure. 

Lucrative Chiefs Contract

After signing a ten-year deal in 2020, the Kansas City Chiefs and Mahomes agreed to a restructuring of the deal in March 2024 to ensure that they could be more competitive under the salary cap.

Mahomes will still earn what the original deal detailed, which was reportedly $500 million through to the 2031 season, only now, the superstar QB won’t count as more than $58 million against the Chiefs’ cap.

Stats & NFL Records

Patrick Mahomes was taken tenth overall in the 2017 NFL Draft, being overlooked by the Chicago Bears, who traded up to first overall in one of the most costly trades in NFL history.

The Chiefs traded up to get in at tenth, but committed to keeping the top prospect on the bench for all but one game in 2017, leaving Alex Smith to command under centre and let Mahomes ready the mental and physical side of his game. 

In 2018, he officially burst onto the scene, putting up 5,097 passing yards for 50 touchdowns, 12 interceptions, and 272 yards on the ground with a couple of touchdowns for himself. 

Before the 2024 regular season begins, Mahomes is sitting on over 28,000 yards passing, 219 touchdowns, an interception percentage of 1.8, a completion percentage of 66.5, and 12 rushing touchdowns from 1,936 yards.

Those are just regular season stats over six full seasons. In the postseason, vaulting him to three Super Bowls already, Mahomes has amassed over 5,000 yards of passing and 41 touchdowns. 

He’s also only thrown eight interceptions in 18 playoff games. With stats like these, it makes sense that online betting markets are backing him to have another monstrous season and take some individual honours. 

Already, he’s a three-time Super Bowl MVP, two-time NFL MVP, six-time Pro Bowler, and two-time NFL passing touchdowns leader. 

Where is Patrick Mahomes From?

Patrick Mahomes is from Tyler, Texas. He was born there on 17 September 1995 and attended the high school in Whitehouse, Texas, before attending Texas Tech University. 

Now, he lives in Cass County, Missouri, as he plays for the local NFL team with the best mascot in the league.

*Credit for the photos in this article belongs to Alamy*