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    Home»Net Worth»Patrick Mahomes: Net Worth and Career Highlights
    Net Worth

    Patrick Mahomes: Net Worth and Career Highlights

    May 25, 20243 Mins Read
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    Patrick Lavon Mahomes II was born on September 17, 1995, in Tyler, Texas. The son of former Major League Baseball pitcher Pat Mahomes, Patrick grew up playing both baseball and football. He eventually chose to focus on football, playing quarterback for Texas Tech University. During his college career, Mahomes set multiple NCAA records, including single-game passing yards (734) and total offense (819 yards) against Oklahoma.

    NFL Career

    Mahomes entered the NFL as the 10th overall pick in the 2017 NFL Draft, selected by the Kansas City Chiefs. He spent his rookie season as a backup to Alex Smith but took over as the starting quarterback in 2018. Mahomes quickly established himself as a superstar, throwing for 50 touchdowns and over 5,000 yards in his first full season as a starter. His performance earned him the NFL MVP award and led the Chiefs to the AFC Championship Game.

    In 2020, Mahomes led the Chiefs to their first Super Bowl victory in 50 years, winning Super Bowl LIV and earning the Super Bowl MVP award. He has since continued to achieve remarkable success, including another Super Bowl win in 2023 and setting numerous NFL records.

    Earnings and Net Worth

    Patrick Mahomes’ net worth is estimated to be around $70 million as of 2024. His wealth primarily comes from his record-breaking 10-year, $450 million contract with the Chiefs, signed in 2020. This contract, which can potentially reach $503 million with incentives, made him the first half-billion-dollar athlete in sports history. In 2023, Mahomes restructured his deal to receive $210.6 million over four years, further enhancing his earnings.

    Beyond his NFL salary, Mahomes has secured lucrative endorsement deals with major brands such as Adidas, Oakley, State Farm, EA Sports, and Head & Shoulders. These endorsements significantly contribute to his annual income.

    Business Ventures and Investments

    Mahomes is also involved in various business ventures. He has a stake in the Kansas City Royals MLB team and is part of the ownership group for Kansas City’s professional soccer teams. In 2023, Mahomes and his teammate Travis Kelce joined the ownership group of the Alpine F1 Racing Team.

    Personal Life

    Patrick Mahomes is married to his high school sweetheart, Brittany Matthews, with whom he has two children. The couple is known for their active involvement in philanthropic efforts, particularly through the 15 and the Mahomies Foundation, which focuses on improving the lives of children.

    Patrick Mahomes’ meteoric rise in the NFL and his substantial earnings from both football and endorsements have established him as one of the most prominent athletes in the world. His continued success on the field and his strategic business ventures ensure that his influence and wealth will only grow in the coming years.

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