The Kansas City Chiefs selected Mahomes as their quarterback in the 2017 NFL Draft. Soon after, Mahomes agreed to a four-year contract with the Chiefs, and in December 2017, he made his debut for the squad. At Super Bowl LIV in 2020, where the Kansas City Chiefs faced the San Francisco 49ers, Mahomes had his first Super Bowl participation. Mahomes guided his side to victory in the contest, the Chiefs’ first Super Bowl trip since 1970, and was awarded the game’s MVP.
At the 2021 Super Bowl, where the Kansas City Chiefs took on the Tampa Bay Buccaneers and their star quarterback, Tom Brady, who held the record for the most Super Bowl appearances and victories in NFL history, all eyes were once again on Mahomes.
Football fans naturally want to know Patrick Mahomes’ net worth and how much he earns from his contract and pay with the Kansas City Chiefs given his outstanding NFL career. Continue reading to learn more about Patrick Mahomes’ estimated net worth.
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Mahomes Net Worth
NFL fans all over the country are curious about Patrick Mahomes’ net worth given his stadium-sized Chiefs paycheck. Patrick Mahomes’ net worth is $50 million, with $40 million coming in annually. However, as evidenced by his Chiefs contract, his net worth is expected to rise very soon and very quickly.
In a 2020 interview with CBS Sports, Mahomes talked openly about the agreement and how it was the first sports contract worth a half-billion dollars. The Chiefs and his crew, he said, “went in with an open mind. That was the best thing that happened.” We attempted to determine what was best for the team going forward as well as what was best for me and my family. You need to communicate with each other in an open-minded way to construct something remarkable.
What is Patrick Mahomes’ Chief’s Salary?
Mahomes reportedly agreed to a $503 million, 10-year deal with the Chiefs in July 2020, according to NFL Network. According to NFL Network, the deal guarantees Mahomes $477 million in guarantee mechanisms and gives him opt-outs if the guarantee mechanisms aren’t used, as confirmed by Mahomes’ agents to Steinberg Sports. According to Steinberg Sports, the agreement, which excludes a trade provision, is the first $500 million player contract in sports history.
Mahomes’ Chief’s contract, which pays him multiple base salaries and roster incentives for the following 10 years, was also broken down by NFL Network’s Tom Pelissero. The agreement includes a $10 million signing bonus as well. Mahomes was expected to make $103 million by March 2021, the reporter claimed.
Sportrac estimates that Mahomes has the highest contract value in the NFL, ahead of quarterbacks Josh Allen of the Buffalo Bills, Russell Wilson of the Denver Broncos, Kyler Murray of the Arizona Cardinals, and Deshaun Watson of the Cleveland Browns. Allen is ranked second, followed by quarterbacks Josh Allen, Russell Wilson, Kyler Murray, and Watson.
Here’s a breakdown of the cash flow on Patrick Mahomes’ new contract with the #Chiefs. It’ll take more than one tweet to fully explain, but the bonuses have varying vesting dates that paint a fuller picture of how the deal works. pic.twitter.com/LepwqYMT0K
— Tom Pelissero (@TomPelissero) July 6, 2020
Who is Patrick Mahomes Girlfriend?
Mahomes first met his future wife, Brittany Mahomes, when they were both still in high school. It’s safe to say that since their relationship started, their love story has felt like a scene from a movie. Even better, they went to prom together in May 2013. After the event, they posted photos online with the caption: “Best prom date a guy could ask for!!”
In September 2020, right after receiving his Super Bowl ring, Patrick Mahomes got down on one knee and proposed to Brittany inside Arrowhead Stadium. We love the pun he used to describe the situation. Sterling Mahomes, the couple’s first child, was born on February 20, 2021, and Brittany gave birth to Bronze Mahomes, their second child, barely ten weeks ago.
The couple enjoys a lavish lifestyle in a stunning property in the Kansas City suburbs that is thought to be worth $2 million. Brittany is a fitness industry entrepreneur and fully certified personal trainer. She spent a year playing professional soccer internationally in Iceland before launching an online training program in 2019 to improve people’s health.
She supports female athletes and is a co-owner of the Kansas City Current of the Nation Women’s Soccer League. In addition to her involvement in sports, Brittany is an influencer and chronicles every element of her life on Instagram, where she has amassed over 1.1 million followers.
Patrick Mahomes’s Career
The Kansas City Chiefs traded up from their original position of 27th overall to take Patrick Mahomes with the 10th overall choice in the first round of the 2017 NFL Draft. He was Alex Smith’s backup during his debut season before being named the starter in 2018.
He established NFL records for the youngest quarterback to throw for six touchdowns in a game, the most touchdown passes thrown through the first three career games, the most touchdown passes thrown through the first two games of a season, and the most touchdown passes thrown through the first three games of a season.
He joined Peyton Manning as the only quarterbacks in NFL history to throw for 50 touchdowns and 5,000 yards in a single season, becoming the first quarterback to do so in both college and the pros. In addition to being named to the First Team All-Pro and being invited to the Pro Bowl, Mahomes was also voted the NFL Offensive Player of the Year and NFL MVP.
Patrick and the Chiefs won the AFC Championship in January 2020, sending them to Super Bowl LIV, the team’s first trip in a Super Bowl in fifty years. He was recognised as the “Sportsperson of the Year” by Sports Illustrated. The Kansas City Chiefs defeated the San Francisco 49ers 31–20, and Patrick Mahomes—the second black quarterback to win the award and the youngest overall—was voted the Super Bowl MVP. In addition, he is the third black quarterback to ever capture the Super Bowl.
The Kansas City Chiefs returned to the Super Bowl in 2021 but were defeated 31-9 by Tom Brady and the Tampa Bay Buccaneers. In his first NFL game with more than ten points lost, Mahomes threw two interceptions along with 270 yards. Patrick had surgery to fix a turf toe injury he had in the Divisional Round match against the Cleveland Browns three days after the game.
In 2022, Patrick Mahomes shattered his own Chiefs franchise record for passing yards in a season with 5,250 and established the NFL record for the most total yards by a quarterback in a season with 5,608. The Kansas City Chiefs won the AFC Championship game against the Cincinnati Bengals and won their third Super Bowl in four seasons.