Patrick Mahomes at a Glance
- Categories: Athletes, Athletes > NFL Players
- Net Worth: $90 Million
- Birthdate: Sep 17, 1995 (28 years old)
- Birthplace: Tyler, Texas
Patrick Mahomes: Net Worth, Salary, Career, and Endorsements
Patrick Mahomes is one of the biggest names in the NFL today. Known for his incredible arm talent and dynamic playmaking ability, Mahomes has quickly risen to the top of the football world. This article delves into Patrick Mahomes’s net worth, his impressive salary, his journey from college to NFL stardom, and the various endorsements that contribute to his wealth.
Table of Contents
- What is Patrick Mahomes’ Net Worth and Salary?
- Early Life and College Career
- NFL Career Highlights
- Salary and Contract Details
- The Historic $500 Million Contract
- Kansas City Royals Ownership
- Endorsements and Sponsorships
- Personal Life
- Real Estate Investments
What is Patrick Mahomes’ Net Worth and Salary?
As of October 2024, Patrick Mahomes’s net worth is estimated to be around $90 million, and his annual salary is approximately $40 million. His financial success is a result of his lucrative NFL contract, significant endorsement deals, and strategic investments.
Early Life and College Career
Patrick Lavon Mahomes II was born in Tyler, Texas, on September 17, 1995. His father, Pat Mahomes, was a Major League Baseball pitcher, instilling a strong athletic background in his son from a young age. Patrick attended Whitehouse High School, where he excelled in football, baseball, and basketball. As a senior, he showcased his versatility by throwing for 4,619 yards and 50 touchdowns in football, while also pitching a no-hitter with 16 strikeouts in baseball.
Despite being a three-star recruit, Mahomes received offers from Texas Tech, Rice, and Houston, ultimately choosing to play college football at Texas Tech University. In his junior year, he led all NCAA Division I FBS players with 5,052 passing yards and 53 total touchdowns, earning him the Sammy Baugh Trophy. His impressive college performance set the stage for his successful transition to the NFL.

Getty
NFL Career Highlights
Patrick Mahomes was drafted by the Kansas City Chiefs as the 10th overall pick in the first round of the 2017 NFL Draft. He spent his rookie season as the backup to Alex Smith, learning the ropes before taking over as the starter in 2018. He quickly made a name for himself, setting numerous NFL records, including most touchdown passes through the first three career games and the youngest quarterback to throw for six touchdowns in a game. Mahomes became the only quarterback to throw for 5,000 yards in a season in both college and the pros, proving his exceptional talent.
In January 2020, Mahomes led the Chiefs to their first Super Bowl win since 1969, earning him the Super Bowl MVP award. He added another Super Bowl win in 2023, solidifying his status as one of the league’s elite quarterbacks. He has earned multiple Pro Bowl selections, NFL MVP awards, and continues to be a dominant force in the NFL.
Salary and Contracts
When he first joined the NFL in 2017, Mahomes signed a four-year deal with the Chiefs, worth $16.2 million. The contract included a $10 million signing bonus. Recognizing his exceptional talent, the Chiefs were eager to secure him long-term.
In 2020, Mahomes was eligible for a contract extension, and the anticipation for the deal was immense. The general prediction was that Mahomes would sign a record-setting contract.

(Photo by Mark Brown/Getty Images)
The Historic $500 Million Contract
On July 6, 2020, Patrick Mahomes signed a 10-year contract extension with the Kansas City Chiefs, worth over $400 million. Ultimately, the deal was revealed to be worth $503 million if he played out the full contract, making him the first half-billion-dollar athlete in sports history. The contract included significant guaranteed money and various performance-based incentives.
Kansas City Royals Ownership
In August 2020, following his Super Bowl victory and record-breaking contract, Mahomes made another significant move, acquiring an ownership stake in the Kansas City Royals baseball team. This investment further diversified his portfolio and established his presence in the Kansas City sports scene.
Endorsements and Sponsorships
Patrick Mahomes has amassed an impressive portfolio of endorsement deals. Some of his major sponsors include Hunt’s, Oakley, Hy-Vee, Essentia Water, Direct TV, State Farm, Adidas, Head & Shoulders, and Helzberg Diamonds. He was also featured on the cover of Madden NFL 20, and later shared the cover of Madden NFL 22 with Tom Brady. These endorsements provide a significant revenue stream, contributing to his overall net worth.
Personal Life
Patrick Mahomes married his high school sweetheart, Brittany Matthews, on March 12, 2022. The couple has two children together. In 2019, he started the “15 and the Mahomies Foundation” to help improve the lives of children. He is the godson of former MLB pitcher LaTroy Hawkins.
Real Estate Investments
Mahomes has made several real estate investments. In 2019, he purchased a home in Kansas City for $1.9 million and later sold it. He also bought a home in Dallas for $3.4 million in early 2020. In 2021, he acquired an undeveloped lot in an exclusive Kansas City community, where he built a custom home with a variety of features including a private golf hole and a half-football field.
In conclusion, Patrick Mahomes’ net worth and financial success are a testament to his exceptional talent, strategic investments, and lucrative endorsements. From his early days to his current status as a Super Bowl-winning quarterback, Mahomes has consistently demonstrated his ability to excel both on and off the field, securing his place among the highest-paid athletes in the world.
Career Earnings
Source / Title | Amount |
---|---|
Kansas City Chiefs (2031) | $48.4 Million |
Kansas City Chiefs (2030) | $45.5 Million |
Kansas City Chiefs (2029) | $35 Million |
Kansas City Chiefs (2028) | $27.2 Million |
Kansas City Chiefs (2027) | $52.9 Million |
Kansas City Chiefs (2026) | $56.8 Million |
Kansas City Chiefs (2025) | $50 Million |
Kansas City Chiefs (2024) | $44.5 Million |
Kansas City Chiefs (2023) | $59.4 Million |
Kansas City Chiefs (2022) | $29.5 Million |
Kansas City Chiefs (2021) | $22.8 Million |
Kansas City Chiefs (2020) | $10.9 Million |
Kansas City Chiefs (2019) | $2 Million |
Kansas City Chiefs (2018) | $1.2 Million |
Kansas City Chiefs (2017) | $10.6 Million |
Total Earnings | $496.5 Million |