Patrick Mahomes net worth is estimated at $45 million as of 2023. He’s a rising star in football, making a significant impact in his professional career over the past few years and gaining immense popularity in the sports industry.
He’s a member of the National Football League (NFL) and is the son of former MLB pitcher Pat Mahomes.
For more details about Patrick Mahomes, including his biography, wife, age, height, NFL contract, and other information, you can check out his profile.
Why is Patrick Mahomes famous?
Patrick Mahomes, an American football quarterback, is a prominent figure in the National Football League (NFL), playing for the Kansas City Chiefs.
His net worth currently stands at $45 million, making him one of the NFL’s highest-paid and most marketable players.
Mahomes played a pivotal role in leading the Chiefs to their first Super Bowl appearance in 50 years during Super Bowl LIV.
They secured a victory against the San Francisco 49ers, marking their first Super Bowl win since 1970.
He was named the Super Bowl MVP for the second time following the Chiefs’ 38-35 victory over the Eagles in Super Bowl 2023.
How much is Patrick Mahomes Net Worth in 2023?
Patrick Mahomes boasts a net worth of approximately $45 million. This sum encompasses his initial contract with the Kansas City Chiefs, during which he earned a modest $555,000 annually as a rookie.
Following the signing of a groundbreaking 10-year deal with the Chiefs, he became the world’s first professional athlete to ink a contract worth half a billion dollars.
This extraordinary agreement is set to fetch him $45 million annually, potentially accumulating a staggering $503 million if the contract runs its full course.
In addition to his NFL earnings, Mahomes rakes in an estimated $7 million from endorsements.
Patrick Mahomes’ Endorsements
After his MVP season, Mahomes attracted multiple endorsement deals, starting with Hunt’s as his first.
Subsequently, he inked endorsement agreements with Oakley, Essentia Water, Hy-Vee, State Farm, DirectTV, Adidas, and Head & Shoulders.
Notably, he became the first Chiefs player to grace the cover of Madden NFL 20.
In a significant milestone, Mahomes also shares the cover of Madden NFL 22 with Tom Brady.
Furthermore, he holds the distinction of being the first NFL player to secure a deal with Oakley and is the face of their ‘Prizm Optics’ line campaign.
These endorsements contribute to an estimated annual earning of approximately $7 million, in addition to his official income.
Patrick Mahomes tied the knot with his high school sweetheart, Brittany Matthews, on March 12, 2022. The couple now has two children, a daughter and a son.
Mahomes popped the question to Brittany on September 1, 2020, at Arrowhead Stadium, the very day he received his Super Bowl ring.
In 2019, Mahomes launched a nonprofit organization called the “15 and the Mahomies Foundation” with the aim of improving the lives of children.
Notably, Patrick Mahomes is the godson of former Major League pitcher LaTroy Hawkins, who was a former teammate of Mahomes’ father during their time with the Minnesota Twins.