What is Patrick Mahomes' net worth?
net worth: | $75 million |
---|---|
age: | 29 |
Born: | September 17, 1995 |
gender: | male |
high: | 1.91 m (6 feet 3 inches) |
country of origin: | USA |
Source of wealth: | Professional NFL players |
Last updated: | April 25, 2025 |
introduce
Patrick Mahomes is a professional American footballer with an estimated net worth of $75 million.
Quick facts
- Expected to earn $45.75 million in the 2024 season
- Total lifetime income of $182 million, from salary and bonuses
- Signed for 10 years with Chiefs in 2020, $450 million rookie extension
- This is the most valuable contract in NFL history
College football career
During high school, Pat Mahomes transitioned to a college career with freshman at Texas Tech after receiving praise for his speed and agility during high school. The homeland of legendary players such as Baker Mayfield in Texas proved to be a powerful cause for Mahomes and had many victories.
After a promising freshman season, Mahomes entered his sophomore year and led the team to a victory with the Red Raiders. Separating his time between football and baseball, he focused on football starting in the 2016 season.
Mahomes continued to score a lot and had extensive pass yards, but decided to give up his final year at Texas Tech and entered the NFL Draft in 2017.
Chief of Kansas City
Pat Mahomes started his career with an explosion rate, recording his fastest pass at 60 mph at the NFL Scouts Federation. He was soon signed by the Kansas City Chiefs, a well-known team that helped Joe Montana become an American football star. Mahomes will play for the Chiefs throughout his career and have won many awards and honors for his outstanding performance.
He helped the team beat opponents like Pittsburgh Steelers and New England Patriots with teammates like Terrelle Pryor.
In 2019 alone, he was named the first team, the 2019 Pro Bowl and the Kansas City Club 101 Awards Awards Ceremony of the Year. By the end of the season that year, his peers ranked fourth among the top 100 NFL players on the 2020 roster.
Recent achievements
Pat Mahomes is a player rank like the NFL top 100 player roster, so it is one of the best players of all time. Starting in 2020, he continued to dominate the Kansas City Chiefs and broke a new record in 2020 with a contract extension worth $477 million.
The team continues to win many future matches, with Mahome receiving other honors, such as the AFC Weekly Award. Mahomes also won Sports Illustrated Sports Illustrated Sportsman of the Year Award for his outspoken support for George Floyd and his action surrounding his death.
On the football field, he helped the Chiefs make their second straight appearance in three consecutive AFC Championships in 2020. The winning streak was shortened in 2023, when Mahomes and other Chiefs players were injured, resulting in their ultimate defeat by the Pirates.
NFL Salary
Year | team | salary |
---|---|---|
2017 | Chief of Kansas City | $10,551,026 |
2018 | Chief of Kansas City | $1,211,635 |
2019 | Chief of Kansas City | $1,958,270 |
2020 | Chief of Kansas City | $10,926,636 |
2021 | Chief of Kansas City | $22,806,905 |
2022 | Chief of Kansas City | $29,450,000 |
2023 | Chief of Kansas City | $59,350,000 |
2024 | Chief of Kansas City | $45,750,000 |
Total occupational income: | $182,004,472 |
In 2017, Patrick Mahomes signed a four-year contract with the Kansas City Chiefs, worth $16.4 million. The deal is fully guaranteed and includes a $10.1 million signing bonus.
When a new deal needs to be negotiated in 2020, the Chiefs have compiled the most expensive contracts in NFL history. Mahomes signed a 10-year extension with the Chiefs, worth $450 million. Not only is this the most valuable NFL contract ever, it is also the most expensive contract of any sports in North America.
Despite the average annual income of $45 million, the contract will be even worse at the end of its life. Mahomes' revenue in 2020 only accounts for $10.9 million of TCV.
In 2023, Mahomes earned $59.3 million, the highest annual income.
So far, Patrick Mahomes has made $168.2 million on contract and $182 million from the NFL.
Brand transactions and recognition
In addition to a record contract with the Kansas City Chiefs, Pat Mahomes also earned millions of dollars through profitable brand agency deals. When he signed up for a series of ads on behalf of sports company Adidas, he joined the ranks of sports idols such as Michael Jordan.
Other brand recognition provided by companies such as state farms, subways, head and shoulders and DirectTV earned a lot of money for Mahomes.
In 2023, he partnered with global energy beverage company Prime to launch a new deal worth millions of dollars. The brand is expected to earn more than $1 billion. Mahomes has also increased his net worth through his portfolio, including becoming the largest shareholder of National Bank in 2022.
Estimated net assets
Patrick Mahomes has an estimated net worth of $20 million.
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Categories: Net Worth
Source: svlsf.edu.vn