What is Patrick Mahomes' net worth?

Patrick Mahomes, the Kansas City Chiefs' star quarterback, has seen a meteoric rise not just on the field but also in his financial portfolio. As of 2024, his net worth is estimated to range from $40 million to $70 million​.

Career

Mahomes' career has been punctuated by landmark moments, including his 2017 draft by the Kansas City Chiefs and his MVP Awards in 2019. His tenacity and skill have not only won him accolades and led his team to multiple Super Bowl victories but also secured him a groundbreaking contract in the NFL. In 2020, he signed an extension with the Chiefs worth over $400 million, the largest in the league at the time, potentially reaching up to $503 million. This contract set new records and firmly established Mahomes as one of the highest-paid athletes in the world.​

Investments and endorsements

Aside from his earnings on the field, Mahomes has diversified his income through endorsements and personal investments. In addition to his nearly $40 million football salary, Mahomes earned a reported $20 million in endorsements in 2023. He's become the face of brands like Adidas, Oakley, and State Farm, among others​. He also owns multiple properties. 

Philanthropy

Mahomes and his foundation, 15 and the Mahomies, have been dedicated to giving back to their community. The organization focuses on programs that support children in underserved communities, such as health initiatives and education resources. 

In 2020, he partnered with Lebron James to help boost voter registration and the anti-voting suppression movement. Mahomes’ activism earned him the title of Sports Illustrated‘s Sportsperson of the Year.

Mahomes' journey reflects not just an extraordinary athletic talent but also a keen sense of personal and financial development. From his humble beginnings in Tyler, Texas, to becoming an NFL superstar and a savvy businessman, Mahomes continues to inspire both on and off the field. 

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This blog post is provided "as is" and should not be relied upon as a substitute for professional advice. Some content in this post may have been created using artificial intelligence; however, every blog post is reviewed by at least two human editors.