Patrick Mahomesis made of money!
TheKansas City Chiefs quarterbackhas an estimated net worth of $70 million, according toCelebrity Net Worth.
“From College to Superstardom: Patrick Mahomes’ Meteoric Rise from Texas Tech to NFL’s Record-Breaking Contract
Patrick Mahomes’ journey to success kicked off at a young age, transitioning from Division I football at Texas Tech to becoming the 10th overall pick in the 2017 NFL Draft over six years ago. At the time, he inked a fully guaranteed four-year deal with the Chiefs, totaling $16.2 million, complemented by a $10 million signing bonus.
With two years left on his rookie contract, Mahomes, on the cusp of his first Super Bowl win in 2020, became eligible for a groundbreaking extension. While pundits anticipated a record-setting $200 million deal, the legendary quarterback astounded the world by more than doubling the estimated figure.”
In July 2020, reports revealed that the Texas native signed a10-year extensionwith the Chiefs worth “over $400 million in total” — though even the whopping new amount would later be surpassed.
Eventually, a new report confirmed Mahomes’ deal was worth $450 million over the span of 10 years.
By the end of the historical summer day more than three years ago, the full potential value of the dad-of-two’s contract was estimated to be $503 million if he fulfills the entirety of the 10-year extension.
The contract included $477 million in “guaranteed mechanisms” — a notable $140 million of which remains fully guaranteed in the chance Mahomes becomes ineligble to play due to injury, per Celebrity Net Worth.
The deal made him the first half billion athlete in sports history.
In August 2020, Mahomes landed an investment deal with the Kansas City Royals. It is believed he handed over $10 million for a 1 percent share in the team. At the time, he was only 24 years old, making him theyoungest owner to datein MLB history.
One month later, he sealed the fate of his love life by proposing to his now-wife and high school sweetheart,Brittany Mahomes.
Patrick’s success on the football field has allowed him to prosper off the field, too.
He’s additionally beenon the coverof two different Madden NFL video game editions.
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Patrick is also involved in charity work, as he founded a nonprofit, 15 and the Mahomies Foundation, in 2019. The organization is meant to help better the lives of less fortunate children.
The NFL athlete evendabbles in real estate.
In 2019, Patrickpurchased a residencein Kansas City for $1.9 million, though he later sold it for a little under $3 million that same year.
At the beginning of 2020, Patrick bought a $3.4 million pad in Dallas.
One year later, he purchased an undeveloped lot of land for $400,000 in Kansas City’s elite gated community Loch Lloyd.
Construction of the property just finished last year, allowing his family tomove into their dream home.
The lavish mansion has a huge pool, a private pond, a par-three golf hole and half a football field — which, of course, has his personalized logo and name printed in its end zone.
