Patrick Mahomes, the Kansas City Chiefs’ electrifying quarterback, has transcended the realm of sports to become a global icon, renowned for his on-field brilliance and off-field business acumen. Mahomes’ net worth is estimated at approximately $90 million, according to Celebrity Net Worth. This figure encapsulates his earnings from NFL contracts, endorsement deals, investments, and various entrepreneurial ventures. At just 29 years old, Mahomes has already secured a legacy as one of the NFL’s greatest quarterbacks, and his financial success mirrors his athletic achievements. This article delves into the components of Mahomes’ net worth, exploring how he has built his wealth and what the future holds for this multifaceted superstar.
NFL career and contracts
Mahomes’ financial journey began when he was drafted 10th overall by the Kansas City Chiefs in the 2017 NFL Draft. His initial rookie contract was a four-year deal worth $16.42 million, fully guaranteed, with a $10.08 million signing bonus. This contract laid the groundwork for his ascent, but it was his subsequent extensions that catapulted him into the financial stratosphere. After a standout 2018 season, where he earned the NFL MVP award, and leading the Chiefs to their first Super Bowl victory in 50 years in 2020 (Super Bowl LIV), Mahomes signed a historic 10-year, $450 million contract extension in July 2020. This deal, potentially worth up to $503 million with incentives, was the largest in professional sports history at the time, surpassing even Mike Trout’s $426.5 million contract with the Los Angeles Angels.
The contract included $477 million in “guaranteed mechanisms,” with $141.48 million fully guaranteed against injury, making Mahomes the first athlete to secure a half-billion-dollar deal in sports history. However, as the quarterback market evolved, with players like Joe Burrow and Dak Prescott signing higher annual value contracts, the Chiefs restructured Mahomes’ deal in September 2023. The revised agreement guaranteed him $210.6 million from 2023 to 2026, the most money ever paid to an NFL player over a four-year span, with an average annual value of $52.65 million. For the 2025 season, Mahomes’ base salary is $2 million, supplemented by a $33.86 million restructure bonus, a $13 million roster bonus, and a $1 million workout bonus, resulting in a $46.93 million cap hit, per Spotrac. His career earnings from NFL contracts alone are projected to exceed $182 million by the end of 2024, with estimates suggesting he could become the league’s highest career earner by 2030.
Mahomes’ on-field success—three Super Bowl titles (LIV, LVII, LVIII), three Super Bowl MVP awards, and two NFL MVP awards—has not only elevated his earning potential but also contributed to substantial bonuses. For instance, the Super Bowl LIX payout in 2025 is expected to be $178,000 for winners and $103,000 for losers, adding to his already impressive earnings.
Endorsements
Beyond his NFL salary, Mahomes has leveraged his fame and charisma to secure lucrative endorsement deals, reportedly earning around $20 million annually from off-field partnerships. His endorsement portfolio includes major brands such as Adidas, with whom he has a signature line of shoes and apparel; State Farm, featuring him in commercials alongside teammate Travis Kelce and coach Andy Reid; Oakley, where he is the first NFL player to have a signature line, including the Mahomes II Signature Series; and Head & Shoulders, among others. Additional partnerships with Subway, Essentia Water, Hunt’s Ketchup, Nestlé, EA Sports, Bose, T-Mobile, and Prime (Logan Paul and KSI’s sports drink) further diversify his income streams.
According to Forbes, Mahomes earned $25 million from endorsements in the 2024 league year, placing him among the top NFL earners off the field, second only to Tom Brady. His marketability soared following his Super Bowl victories and high-profile appearances, such as the 2023 Met Gala, where he sported a lavender pair of Oakley sunglasses. In total, his off-field earnings from 2023 to 2024 were estimated at $56 million by Forbes, reflecting his status as a cultural icon and a sought-after pitchman.
Business ventures and investments
Mahomes’ financial strategy extends far beyond football and endorsements, encompassing a robust portfolio of investments and entrepreneurial ventures. He has demonstrated a keen eye for business, particularly in the sports and wellness sectors. In 2020, he became a minority stakeholder in the Kansas City Royals MLB team, a move that solidified his ties to the city and marked his entry into sports ownership. The Royals were valued at $1 billion in 2019, suggesting a 1% stake could have cost around $10 million, though the exact amount of his investment remains undisclosed.
Mahomes has also invested in other sports franchises, including Sporting Kansas City (MLS), the Kansas City Current (NWSL), and the Alpine F1 team, where he joined a group led by Otro Capital in 2023 alongside Travis Kelce and Rory McIlroy. These investments not only diversify his income but also position him as a key figure in Kansas City’s sports ecosystem. Beyond sports ownership, Mahomes has stakes in innovative companies such as Whoop, a fitness technology firm backed by athletes like Kevin Durant and Rory McIlroy; Hyperice, a recovery technology company; and Throne Sport Coffee, where he became the lead investor and No. 2 shareholder in May 2024.
His entrepreneurial ventures include KMO Burgers, an expansion of the Texas-based Whataburger chain, which he helped bring to Kansas City in 2022.
Media ventures
Mahomes has also ventured into the entertainment industry, further boosting his net worth and public profile. In 2023, he starred in the Netflix docuseries Quarterback, alongside Kirk Cousins and Marcus Mariota, offering an inside look at his 2022 season. He also served as an executive producer for the series through his production company, 2PM Productions, which later produced Receiver. While his exact earnings from these projects are undisclosed, they enhance his brand and open doors to future media opportunities.
Additionally, Mahomes has appeared in high-profile events like “The Match,” a charity golf event, where he teamed up with Travis Kelce in 2023 to defeat Stephen Curry and Klay Thompson.
Real estate
Mahomes’ real estate holdings are a testament to his growing wealth and desire for a luxurious lifestyle. In 2019, he purchased a 3,759-square-foot home in Kansas City for $1.9 million, which he sold in 2019 for just under $3 million. In 2020, he acquired a $3.4 million home in Dallas, Texas, near his hometown of Tyler. His most significant real estate investment came in 2021, when he bought an 8-acre plot in the exclusive Loch Lloyd gated community in Belton, Missouri, for $400,000. By 2023, construction was completed on his dream home, a sprawling mansion featuring a 50-yard football field with his logo, a par-three golf hole, a giant pool, a private pond, and a swim-up bar, per Architectural Digest. While the exact cost of the mansion is undisclosed, its amenities suggest a multimillion-dollar investment.
Philanthropy
While Mahomes’ financial success is evident, his commitment to philanthropy is equally noteworthy. In 2019, he established the 15 and the Mahomies Foundation, dedicated to improving the lives of children through health, wellness, and educational initiatives. The foundation has donated millions, including $1.6 million to the Boys and Girls Clubs of Greater Kansas City in 2023, alongside his wife, Brittany Mahomes. In 2022, the foundation distributed approximately $400,000 in grants to 25 charities.
Spending habits
Mahomes’ wealth affords him a lavish lifestyle, evident in his spending habits. His car collection, valued at over $1 million, includes a Ferrari 812 Superfast, a Lamborghini Urus, a Rolls-Royce Cullinan, and a Genesis G70, per The Playoffs. He enjoys luxury travel, often using private jets through his partnership with Airshare, and participates in celebrity golf tournaments like the American Century Championship. His home in Belton, Missouri, with its extensive amenities, exemplifies his taste for extravagance, while his family life with wife Brittany and their three children—Sterling Skye, Patrick “Bronze” Lavon III, and Golden Raye—reflects a blend of luxury and personal fulfillment.