Anthony Richardson, a starter with a completion percentage of 53.8% has seen his draft stock skyrocket in recent weeks, going from second-day prospect to Read more: The Chiefs took a big gamble by trading up for Patrick Mahomes, and now it looks like a steal, Read more: How Patrick Mahomes went from a high school baseball star to the face of the NFL, Read more: Patrick Mahomes once again proved he is the king of NFL comebacks, erasing a 10-point 4th quarter deficit to win Super Bowl LIV, A post shared by Patrick Mahomes II (@patrickmahomes), Read more: Why Patrick Mahomes' record-breaking $503 million contract extension still looks like a bargain for Kansas City, Read more: Patrick Mahomes is so good that he just signed the biggest deal in sports history and everyone thinks he could have gotten more, Read more: Patrick Mahomes spent some of his $503 million Chiefs mega deal buying a stake in the Kansas City Royals, becoming the youngest owner in MLB history, Read more: Patrick Mahomes fianc of KC NWSL team owner Brittany Matthews rocks fiance's jersey at the team's first home game, Carmen Mandato/Getty Images for The Match, The Chiefs took a big gamble by trading up for Patrick Mahomes, and now it looks like a steal, How Patrick Mahomes went from a high school baseball star to the face of the NFL, Patrick Mahomes once again proved he is the king of NFL comebacks, erasing a 10-point 4th quarter deficit to win Super Bowl LIV, Why Patrick Mahomes' record-breaking $503 million contract extension still looks like a bargain for Kansas City, Patrick Mahomes is so good that he just signed the biggest deal in sports history and everyone thinks he could have gotten more, Patrick Mahomes spent some of his $503 million Chiefs mega deal buying a stake in the Kansas City Royals, becoming the youngest owner in MLB history, Patrick Mahomes fianc of KC NWSL team owner Brittany Matthews rocks fiance's jersey at the team's first home game. Following the exciting story of Patrick Mahomes rise to fame, wealth, and how he became successful, here are two incredible lessons from the top promising star. Chris Gardner is an American businessman, entrepreneur, stockbroker, and motivational speaker, whose estimated net worth is $70 Million. How much has the Chiefs quarterback made over his career? When he arrived in the NFL in 2017, Mahomes began consistently delivering top performance, which soon made him the chiefs starting quarterback. Well, yes and no. What to know for the Huskies quarterfinal matchup against Georgetown in the Big East Tournament, No. Kevin Durant | $63.9 million (Endorsements: $35 million. He also owns a stake in Sporting Kansas City, a soccer team in Major League Soccer. Despite not being in the league very long, Mahomes has made himself a pretty penny, all things considered. So far, the companys revenues have grown to over $200 million a year after getting into partnerships with many sports leagues like the NBA, NFL, MLB, and UFC. Mahomes invested in wearable-technology company Whoop in 2020, when it had a $1.2 billion valuation. For the first time since he became the starter in 2018, Mahomes will have a new primary backup. The Kansas City Chiefs then rewarded him with $503 million dollars for ten years. NFL Quarterback Mahomes also became the first professional athlete to sign a half-billion-dollar contract in NFL history. "Not only has his value gone up, but he has the ability to position himself in a number of different ways from a branding perspective," Rosner said (via CNBC). He soon got offers from Rice, Texas Tech, and Houston. With bonuses and other incentives, Mahomes salary in 2021 rose to as high as $22.807 million. Nevertheless, the Grim Reaper can get to this height if he delivers on the requirement of his 2020 contract with the Kansas City Chiefs. LeBron James | $88.2 million (Endorsements: $60 million. Furthermore, he completed high school at Whitehouse High School and later went to Texas Tech University. Salary: $32 million), 11. In 2022 Mahomes is earning a base salary of $1,500,000 with a roster bonus of $27,400,000 and also a workout bonus of $550,000. Decent. Mahomes has had a bit of a weird journey when it comes to contracts. From the cash compensation that athletes get for a job well done to television rights and juicy endorsements, it seems to be a sort of El-Dorado for those who like sports. Patrick Mahomes contract shows the gap in pro sports paydays. Nevertheless, Patrick initially signed a four-year contract with the Kansas City Chiefs worth $16.42 million with an additional bonus of $10.08 million. Tiger Woods | $62.3 million (Endorsements: $60 million. Should we cut my sister out of the family inheritance? And hopefully [someone] I get to continue to talk to as I continue to learn more and more about business.. Mahomes has since invested in several sports teams, as well as innovative sports technology and even restaurants. At the Super Bowl LIV, Mahomes led his side to their first Super Bowl victory in half a century. -0.48%. Patrick Mahomes' staggering net worth proves he's come a long way since being drafted to the NFL in 2017. Net Worth. When that contract ends, Mahomes will have earned a total of $493 million from all of his NFL contracts, surpassing fellow quarterback Tom Brady as the player with the the highest career earnings in NFL history. Patrick Mahomes Signed Half A Billion Dollars Contract: Breakdown Of His Earnings. New Face of the NFL: Patrick Mahomes The American WTA pro lost 6-2 6-2 to qualifier and fellow, Read More Sloane Stephens Religion: Is She A Christian? He also played for Texas Tech, but Patrick Mahomess net worth is all the Super Bowl fans can talk about due to his record-breaking contract. What does Dream look like? James Harden | $47.8 million (Endorsements: $19 million. He won his first Super Bowl for his team after 50 years with a final score of 31-20. According to Yahoo! Moreover, he bought the 2020 Ferrari 812 Superfast at a market value of $330,000. Russell Westbrook (tie) | $57 million (Endorsements: $27 million. Mahomes also has a fleet of cars among which is a Ferrari 812 Superfast. Forbes estimated that Mahomes earned $20 million in endorsements in 2022, trailing only Brady in off-field earnings. Patrick Mahomes is an investor and brand ambassador for sports recovery product maker, Hyperice. He also has a signing bonus of $2,000,000 due to him over the course of the season, according to Spotrac. With his half-billion-dollar contract, he can certainly afford to buy the best properties available. Salary: $55.1 million), 18. Moreover, he collected this massive fortune from his career as a football player, contract, and endorsement. Patrick Mahomes was born on the 17th of September, 1995, in Tyler, Texas, USA, to Pat and Randi Mahomes. At the end of July, ESPN reporter Louis Riddick shared a photo of Mahomes new Ferrari 812 Superfast. Mahomes signed a 10-year contract extension with the Kansas City Chiefs in He was born to a black Father, Pat Mahomes, and a white mother, Randi Mahomes. Furthermore, Mahomes is a fun-loving person. Other than that, the American football athlete Patrick Mahomes has an endorsement deal with a few other companies, including Hunts, Direct TV, Essentia Water, State Farm, Helzberg Diamonds Per CelebrityNetWorth.com, Patrick Mahomes net worth is $40 million. Roger Staubach holds this record even though he retired from the sport long ago. Mahomes is also investing in businesses around Kansas City. After playing college football at Texas Tech University, Mahomes got drafted by the Kansas City Chiefs in the 2017 NFL Draft. His net worth is boosted by his career earnings from the sport including endorsement and sponsorship deals from brands such as Adidas sportswear, Hunts ketchup, Oakley, Essentia Water, DirectTV, Hy-Vee and State Farm. Even that total is attached to a mostly unfamiliar term, guarantee mechanisms, which immediately raised the hackles of people familiar with the leagues ability to inflate the value of its deals. He is the third highest-paid NFL quarterback, earning a yearly salary of $45 million. "I've watched and researched on how they got to where they are at," Mahomes said. Matt is highly recognized for his work in Good Will Hunting, The Martian, The Bourne Identity, and, Read More Matt Damon Net Worth: Movie Career & LifestyleContinue, The eminent American YouTube personality, comedian, and actor Rhett/Link have a combined net worth of $30 million as of , . But that is set to look like merely the foundation for the brand he's building for himself. His current salary is $40 million annually, only expanding Patrick Mahomes net worth. But it is something of a coup for his league that this deal is being reported by some as the largest in pro sports when he is guaranteed less total money than the $161 million the Baltimore Orioles are obligated to pay Chris Davis, who is perhaps the worst everyday player in baseball. Mahomes athleticism, talents, and skills rank him among the top quarterback currently playing in the league. WebPatrick Mahomes guaranteed money Mahomes' contract features $141.428 million in guarantees over 12 years , including a $63.082 million signing bonus. Below is a table of Patrick Mahomes contract with the Kansas City Chiefs. Mahomes is the son of former MLB pitcher, Pat Mahomes who played for 10 years in the MLB for teams such as the New York Mets, Boston Red Sox, Texas Rangers, and the Pittsburgh Pirates. With an emphasis on Patrick Mahomes worth, well review his career, salary, new contract details, endorsement deals, charity works, and luxury lifestyle. Patrick Mahomes record-breaking 10-year contract would see the top NFL star earn as much as $503 million, which makes it the biggest deal ever in sports history. With so many talents and skills, Patrick Mahomes net worth has been redefined. What is Ben Roethlisberger's net worth? He was a quarterback at his school Whitehouse High School and tried baseball and basketball. Sports Al Dente All Rights Reserved. Mahomes will also earn an additional $550,000 for attending team workouts during the offseason. It's not rare for our writers and team members to collaborate and work together to create the articles you read on the site. Family Husband And Net Worth, Matt Damon Net Worth: Movie Career & Lifestyle, Rhett/Link Net Worth: YouTube Career & Lifestyle. Salary: $28.2 million), 6. To date, though, Mahomes is keeping it cool. After winning the Super Bowl, he signed a new contract, reported to be worth $450 million over 10 years. Patrick Mahomes signed the biggest deal in NFL history in 2020. Moreover, he was named the Super Bowl LIV MVP. He led the Chiefs to bring the Super Bowl trophy to Kansas City after a 50-year drought. This contract alone gives pushes Patrick Mahomes net worth to half a billion dollars. Patrick is a Rolex man who has a huge collection of Rolex sports watches. As one of the biggest stars in the league, Mahomes makes tons of money both on and off the field. His house, located between Missouri and Kansas, is worth around $1.8 million. Patrick Mahomes net worth is currently valued at $30 million as of 2021. The Kansas City Chiefs stars worth is bound to take an enormous jump following his new 10-year deal worth $477 million. He has been actively contributing to the movie Industry since 1987. He is the third highest-paid NFL Our manifesto: This is what YEN.com.gh believes in, Get the news that matters from one of the leading news sites in Ghana. I check my Whoop every single day. What is Patrick Mahomes net worth after Super Bowl? That season, Mahomes recorded several feats. WebPatrick Mahomes signed the biggest deal in NFL history in 2020. On June 23, 2014, his debut major-label album, These Things Happen, was released. Patrick again won the credit for taking his team to the 2023 Super Bowl game. Mahomes says he tries to emulate billionaire Mark Cuban when it comes to his business and investing portfolio. He lives there with his fiancee and their daughter. Furthermore, the House also contains a large swimming pool, a rose garden, a gym, and a 500-bottle wine room. Also, read about Charles Barkleys Net Worth: NBA Career & Lifestyle. The footballer married Brittany Matthews, his high school sweetheart, and they are just thriving together. A post shared by Patrick Mahomes II (@patrickmahomes) According to Forbes, Mahomes made $20 On September 17, 1995, Patrick Lavon Mahomes II was born to parents Pat Mahones, former MLB Pitcher, and Randi Mahomes in Tyler, Texas, United States. Currently, Mahomes has a net worth of 30 million (via Sports Casting ). As of 2022, Patrick Mahomes has a net worth that is estimated to be $40 million. As of 2023, Patrick Mahomes net worth is estimated to be around $50 million. According to Spotrac, the 24-year-old signed his first deal, a four-year, $16.42 million contract, in 2017. For the first time since he became the starter in 2018, Mahomes will have a new primary backup. Salary: $28.9 million), 17. Apart, Patrick was titled the Super Bowl champion(LIV) and MVP. Through his foundations 15 FOR 15 program, he gave out $15,000 to 15 charities in Kansas in 2019. Other notable Whoop investors include pro athletes Kevin Durant, Eli Manning and Larry Fitzgerald. Patrick went to Whitehouse High School, where he became part of both football and baseball teams. The Kansas City Chiefs quarterback has a mixed race. That portfolio should only grow more and more diverse as the years go on. Meanwhile, in February 2020, Mahomes led his team to play the final of the Super Bowl against the San Francisco 49ers. Moreover, he and his fiance bought this House for over $1.7 million in 2019. They live in a beautiful $1.9 million home that sits on a large green lot with plenty of backyard space for his dogs to play. As the world awaited the return of the NFL following its suspension due to the Coronavirus pandemic, Mahomes shattered headlines when he signed a 10-year deal worth $477 million, the highest contract in North Americas sports history. Interestingly, he got rated as the 12th-best dual-threat quarter among all his classmates and was a three-star recruit. Patrick Mahomes contract shows the gap in pro, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Welcome to the new courant.com: Whats changed, FAQs and more, Patrick Mahomes contract shows the gap in pro sports paydays, Azzi Fudd inching closer to returning for UConn women. And how much is he due to make in 2022? Additionally, he gained fame as the only NFL player in history to throw 50 touchdown passes and 5,000 yards in a single season. By 2021, the companys valuation rose to $3.6 billion in valuation. Patrick Lavon Salary: $47 million), 10. Sports, the two have been dating since the 10th grade. Consequently, he gained fame while playing against Oklahoma State and decided to leave baseball and fully focused on his football career. Salary: $70.5 million), 7. According to Celebrity Net Worth, the 26-year-old is worth $10 million. This time, he signed a massive $503 million contract that will run up to 2032. If that's not enough, Mahomes has also been keen to working with staples of the local and midwestern economy; places like CommunityAmerica, Goodcents and HyVee. Scott Rosner, the academic director of the sports management program at Columbia University, explained the perfect position Patrick Mahomes has placed himself in. Moreover, he is presently signed to RCA Records and is one of the most successful hip-hop artists in the world. 2023 Open Sky News. For this, he gets well paid for his services. This includes the $555,000-per-year rookie salary he received from his contract with the Kansas City Chiefs. Roger Federer | $106.3 million (Endorsements: $100 million. In 2013, Mahomes, a high school student, tweeted his wish to be a Super Bowl MVP one day. He has since been featured in several ad campaigns for the brand and has helped to promote their line of football cleats and apparel. In total, Mahomes makes about $7 million annually in sponsorship and endorsement deals. One part of the home he loves is the shoe closet, which houses 180 pairs of shoes.