Mahomes has endorsement/sponsorship deals with Procter and Gamble, Oakley, State Farm, Airshare, and Adidas. I invest in things that Im passionate about and things that I think help me every day, Mahomes said on an episode of Whoops podcast. Additionally, he also signed an endorsement deal with Helzberg Diamonds. Growing up he was an athletic kid, playing baseball but later chose to focus o football in high school. He was destined to guardians, Pat Mahomes and Randi Martin. Please feel free to share it in the comments section below. If Trout were to suffer a similar injury, the Angels (or their insurance company) would still owe him the full $426.5 million. Pro sports had its first deal worth a half-billion dollars. Be the first to get hottest news from our Editor-in-Chief, Check your email and confirm your subscription. See also: LeBron James vs. Michael Jordan: who is the GOAT when it comes to net worth? Deontay Wilder | $46.5 million (Endorsements: $0.5 million. As of 2022, Patrick Mahomes has a net worth that is estimated to be $40 million. The footballer married Brittany Matthews, his high school sweetheart, and they are just thriving together. Currently, Mahomes has a net worth of 30 million (via Sports Casting ). KANSAS CITY, Mo. Your email address will not be published. When he invested in the company in 2020, it was valued at $1.2 billion. 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 Nonetheless, as published on Yen.com.gh, most of these active players are yet to clock 20. A Look at the Comedians Net Worth, Check Raquel Welch Net Worth At The Time of Her Death. Our manifesto: This is what YEN.com.gh believes in, Get the news that matters from one of the leading news sites in Ghana. When Mahomes was drafted he started with a standard four-year deal. Furthermore, Mahomes is a fun-loving person. 1 pick in the 2020 NFL draft. -0.48%. He resides in the House with his beautiful fiance Brittany Matthews, their daughter Sterling Skye Mahomes, and their two dogs. Copyright 2023 MarketWatch, Inc. All rights reserved. Patrick has made his fortune from playing professional football in the NFL as well as from lucrative endorsement deals with many brands. Cristiano Ronaldo | $105 million (Endorsements: $45 million. Patrick Mahomes contract details At the time of signing his deal in September 2020, Mahomes' total contract value sat up to $502.631 million over 12 years if he hits all of his incentives. Also, read about Charles Barkleys Net Worth: NBA Career & Lifestyle. So, on July 28, 2020, he invested his money to become a minority stakeholder in the Kansas City Royals. On Monday, less than a week after Bobby Bonilla Day, the Kansas City Chiefs made considerably bigger headlines by locking up their franchise quarterback, Patrick Mahomes, to a contract extension through 2031 that was worth $503 million. Net Worth. Save my name, email, and website in this browser for the next time I comment. Patrick Mahomes and his wife Brittany Matthews live in a private upscale community in Kansas City. Patrick Mahomes net worth is currently valued at $40 million as of 2023. Mahomes has admitted he has studied sports legends like Michael Jordan, LeBron James, and Kobe Bryant's career choices off the field. With so many talents and skills, Patrick Mahomes net worth has been redefined. For starters, Mahomes' base salary is just $1,500,000 in 2022, according to Spotrac. Moreover, he bought the 2020 Ferrari 812 Superfast at a market value of $330,000. Kevin Durant | $63.9 million (Endorsements: $35 million. I check my Whoop every single day. Apart from Patrick Mahomes net worth, his achievements came with becoming NFL Offensive Player of the Year and NFL MVP, and later he became a part of the First Team All-Pro. Patrick went to Whitehouse High School, where he became part of both football and baseball teams. Here's a breakdown of Mahomes' net worth, which includes money made in 2022 and over the course of his NFL career, plus endorsements and business dealings: Mahomes is one of the NFL's biggest draws. Patrick Mahomes signed a 10 year, $450 million contract extension with the Chiefs on July 6, 2020. The contract has $63.0819 million fully guaranteed at signing including a $10 million signing bonus. $141 million is guaranteed for injury and a total of $477.631 million can become guaranteed based on roster status. In addition, he is expected to make at least $29.45 million in 2022, but this could be up to $63,183,541 if he meets certain requirements. Kirk Cousins | $60.5 million (Endorsements: $2.5 million. Last year, Mahomes signed a record-breaking 10-year, $450 million contract extension. But, his professional football career started when Kansas City Chiefs picked him in the 10th overall first-round in the 2017 NFL Draft. Mahomes is young, talented, and has a bright future ahead of him. If given the choice between equity or a larger endorsement fee, Mahomes could afford to take a longer-term approach. Patrick Mahomes: Net Worth & Income Net Worth. 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 Shane Mosley Net Worth: What is the Former Boxers Worth? For the first time since he became the starter in 2018, Mahomes will have a new primary backup. NFL Quarterback Mahomes also became the first professional athlete to sign a half-billion-dollar contract in NFL history. For this, he gets well paid for his services. His father was not present during his birth, and, Read More Chris Gardner Net Worth: Career, Struggles & SuccessContinue. Patrick Mahomes has an estimated net worth of $40 million which is formidable, to say the least. While that money may go a long way for some players earning a lower salary like rookie running back Isiah Pacheco, who made $784,000 this season its a drop in the bucket for Chiefs quarterback Patrick Mahomes. Consequently, he gained fame while playing against Oklahoma State and decided to leave baseball and fully focused on his football career. Get more details, here! Furthermore, he is actively engaged on social media and often shares a picture of his vacation with friends and family. Andy Murray Net Worth 2020 How Rich Is He? Patrick Mahomes net worth is $50 million, and all of the earnings come from his career as a professional football player. According to reports, he earns around $7 million annual salaries from his endorsement deals. That pen-to-paper moment officially makes him the richest NFL player of all time. +2.10%, Additionally, he gained fame as the only NFL player in history to throw 50 touchdown passes and 5,000 yards in a single season. But, interestingly, the NFL player's net worth is not just sourced from his club salary and bonuses; he has other business activities where he earns. "I've watched and researched on how they got to where they are at," Mahomes said. However, he did not sign a contract. 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. He was born to Thomas Turner and Bettye Jean Gardner on February 9, 1954, in Milwaukee, Wisconsin. That day arrived in January 2020 when he led the Kansas City Chiefs to their first Super Bowl title in half a century. investors include pro athletes Kevin Durant, Mahomes invested an undisclosed amount in wellness and fitness company Hyperice. MLB has thus far had seven players exceed Mannings career total, according to Baseball Reference, and has six other players whose current contracts have more than that in guaranteed money. Mahomes athleticism, talents, and skills rank him among the top quarterback currently playing in the league. Patrick Mahomes is an investor and brand ambassador for sports recovery product maker, Hyperice. He soon got offers from Rice, Texas Tech, and Houston. Between 2017 and 2021, Patrick Mahomes has reportedly earned $17 million in earnings. Since 2017, Patrick has been playing professionally for the Kansas City Chiefs of the NFL. Patrick Mahomes makes over $22 million a year just from endorsement deals. 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. The newly minted two-time Super Bowl MVP has lucrative endorsement deals with Adidas His fortune could rise as high as $100 million in the next couple of years. LeBron James | $88.2 million (Endorsements: $60 million. Furthermore, he also became the cover athlete for the Madden NFL 20. His season ended as the New England Patriots defeated the Chiefs at the AFC Championship game. In addition, his signing bonus is $10 million and another guaranteed $63 million at the time of signing. Check out: Draymond Green Net worth, Salary, and Businesses>>>. Away from the field, Mahomes has become an increasingly noticeable presence, too. He got sponsorships from Oakley, Direct TV, Head & Shoulders, Hy-Vee, Essentia Water, and Helzberg Diamonds. He won the Super Bowl MVP award and claimed the Super Bowl title with the Kansas City Chiefs. The athlete displayed great strength after his Kansas City Chiefs played and had a clear 38-35 win over the Philadelphia Eagles in document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Affiliate Disclosure: We may earn commissions from purchases made on Amazon via our links. In addition to his salary and bonuses, Mahomes also earns endorsement deals with companies like Adidas and State Farm, estimated to be worth over $5 million annually. Patrick Mahomes was born on the 17th of September, 1995, in Tyler, Texas, USA, to Pat and Randi Mahomes. Furthermore, he completed high school at Whitehouse High School and later went to Texas Tech University. Atanu Bera February 11, 2023 He's an effervescent presence on the field, making the type of daring throws that hold fans' breaths for hostage. 2023 Open Sky News. Patrick Mahomes' net worth has the potential of rising in the coming years with the over $500 million contract that he signed with the Kansas City Chiefs. Later, he joined Texas Tech University and started playing for the college. Here is a breakdown of all of his contracts, courtesy of Spotrac: Per CelebrityNetWorth.com, Patrick Mahomes net worth is $40 million. And how much is he due to make in 2022? The diamond also featured his logo in a line of necklaces. Patrick again won the credit for taking his team to the 2023 Super Bowl game. Patrick, an American young football player for NFL, has an estimated net worth of $30 million as of February, And from the looks of it, he's about to go even further in the future. Employee Appreciation Day gestures are nice, but heres what employees really want. Mahomes played three years of college football before entering the 2017 NFL Draft. Chris Gardner is an American businessman, entrepreneur, stockbroker, and motivational speaker, whose estimated net worth is $70 Million. WebPatrick Mahomes signed the biggest deal in NFL history in 2020. 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. What Is NBA Star Jae Crowders Net Worth? Patrick Mahomes contract