Within just few years, Patrick Mahomes has left an impact as strong as his game in the NFL. Mahomes joined the Kansas City Chiefs in 2017 when they drafted him as the 10th pick. And since then, Mahomes has never looked back. As the quarterback, he started by shattering major and many touchdown records. And then within just a couple of years, Mahomes led the Chiefs in the Super Bowl LIV after 50 years. The highs achieved led to Mahomes bagging some lucrative financial deals. Let’s take a look at Patrick Mahomes Net Worth in 2023 and his deals along with his Salary, Contract, Houses, Cars, and Charities.
Patrick Mahomes Net Worth 2023
Patrick Mahomes has an estimated net worth of $40 million as of 2023. The worth mainly comes from his contract with the Chiefs. The major 10-year extension contract worth $503 million made him the first professional athlete to earn a deal entering the half-a-billion league. The deal, if goes on till the mentioned duration, will earn Mahomes $503 million in total. Moreover, he has over $7 million coming in from his endorsements.
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Patrick Mahomes Salary and Contract
Patrick Mahomes is making around $45 million as an annual salary through his latest deal with the Chiefs. Moreover, he picked a roster bonus worth $27,400,000 and a workout bonus of $550,000 in the latest season.
His rookie contract with the Chiefs in 2017 was worth $16.2 million, with the full some being guaranteed. Moreover, he also received a $10 million signing bonus. Midway through the deal, Mahomes led his team to the Superbowl LIV in what was the team’s entrance into the tournament after over 50 years.
The feat made Mahomes a strong contender for reaping the highest-paid contract as the time comes. And when the time came in 2020, the Chiefs offered a ten-year extension deal to him worth $503 million, proving the speculations true. The contract made him the first athlete to bag half a billion deal ever.
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Patrick Mahomes Endorsements
Patrick Mahomes attracted major brands to invest in him following his stunning performance in the NFL. He endorses Hunt’s, Oakley’s, and Essentia Water. Additionally, he’s also got deals running with Hy-Vee, State Farm, Direct Tv, Head & Shoulders, and Adidas. Mahomes, reportedly, makes $7 million annually through these endorsements.
House
Patrick Mahomes owns a three-bedroom house in Kansas City. Located in an upscale community, the house is 3,759 square-foot, offering a spacious backyard. The house’s cost is estimated to be $1.9 million.
Cars
Patrick Mahomes apparently drives a Ferrari 812 Superfast. The NFL prodigy apparently bought it for $338,00 after bagging the latest Chiefs deal. Moreover, he has others like Rolce-Royce Cullinan, a Genesis G70, and Lamborghini Urus in his prized collection.
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Charity
Mahomes has a foundation called 15 and the Mahomies that aims at helping underprivileged children. Moreover, he has actively landed his voice for the Black Lives Matter movement, even advocating for it in the league.
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