Pat Mahomes Sr. Net Worth

What Is Patrick Mahomes’ Net Worth?

Patrick Mahomes, the celebrated quarterback of the Kansas City Chiefs, has rapidly ascended to the pinnacle of both athletic achievement and financial success. As of 2025, his estimated net worth stands at $90 million, a figure that reflects his lucrative NFL contracts, endorsements, and strategic investments. His annual salary from the Chiefs is approximately $40 million, positioning him among the highest-paid athletes globally.

Early Life and Education

Born on September 17, 1995, in Tyler, Texas, Patrick Lavon Mahomes II is the son of former MLB pitcher Pat Mahomes and Randi Martin. His athletic talents were evident early on. At Whitehouse High School, he excelled not only in football but also in baseball and basketball. As a senior, Mahomes showcased his exceptional quarterbacking skills, throwing for an impressive 4,619 yards and 50 touchdowns. He also added 948 rushing yards and 15 rushing touchdowns. In baseball, he threw a no-hitter with 16 strikeouts. These multi-sport experiences shaped his athletic prowess and decision-making abilities. Despite being rated as a three-star recruit, he received offers from Texas Tech, Rice, and Houston. The Detroit Tigers selected him in the 37th round of the 2014 MLB Draft, but he chose to pursue his football career at Texas Tech.

Collegiate Career at Texas Tech

Mahomes’ college football career at Texas Tech further solidified his reputation as a rising star. In 2016, he earned Second-team All-Big 12 honors. During a game against Oklahoma, he set NCAA records for single-game passing yards with 734 and single-game total offense with 819. As a junior, he led all NCAA Division I FBS players with 5,052 passing yards and 53 total touchdowns, earning him the prestigious Sammy Baugh Trophy in 2016. Mahomes’ performance in college set the stage for his highly anticipated entry into the NFL.

NFL Career with the Kansas City Chiefs

The Kansas City Chiefs recognized Mahomes’ potential and selected him as the 10th overall pick in the first round of the 2017 NFL Draft. The Chiefs traded up from the 27th spot to secure Mahomes. He spent his rookie season as a backup to Alex Smith, gaining valuable experience and preparing for his future role. In 2018, Mahomes was named the starting quarterback, and he quickly made an impact. He set NFL records for most touchdown passes thrown through the first three career games and became the youngest quarterback to throw for six touchdowns in a single game. Mahomes also became the only quarterback in history to throw for 5,000 yards in a season in both college and the pros. He joined Peyton Manning as the only players in NFL history to throw for 50 touchdowns and 5,000 yards in a single season. He was named the NFL Offensive Player of the Year and NFL MVP in 2018. In January 2020, Mahomes led the Chiefs to their first Super Bowl appearance since 1969. The Chiefs defeated the San Francisco 49ers 31-20 in Super Bowl LIV, and Mahomes was named the Super Bowl MVP. In 2021, the Chiefs returned to the Super Bowl but lost to the Tampa Bay Buccaneers 31-9. In 2022, Mahomes set the NFL record for the most total yards by a quarterback in a season with 5,608 and broke his own Chiefs’ franchise record for passing yards in a season with 5,250. He led the Chiefs to another Super Bowl victory in 2023, cementing his status as one of the league’s premier quarterbacks.

Contract Details and Salary

When Patrick Mahomes entered the NFL in 2017, he signed a four-year contract with the Chiefs worth $16.2 million, including a $10 million signing bonus. This contract was fully guaranteed. After demonstrating his exceptional talent and leadership, Mahomes secured a groundbreaking 10-year extension with the Chiefs on July 6, 2020. Initially reported to be “over $400 million,” the contract was later revealed to have a total potential value of $503 million. The contract includes $477 million in “guaranteed mechanisms,” with $140 million fully guaranteed against injury. This historic deal made Mahomes the first half-billion-dollar athlete in sports history. His annual salary under this contract is approximately $40 million.

Endorsements and Investments

Patrick Mahomes has cultivated a portfolio of lucrative endorsement deals with major brands. These endorsements significantly contribute to his overall financial success. Some of his notable partnerships include:

• Hunt’s: After publicly expressing his fondness for ketchup, Mahomes secured an endorsement deal with Hunt’s.
• Oakley: Mahomes is a brand ambassador for Oakley, promoting their eyewear products.
• Hy-Vee: He partners with Hy-Vee, a regional supermarket chain, for promotional campaigns.
• Essentia Water: Mahomes endorses Essentia Water, emphasizing its importance for hydration.
• Direct TV: He collaborates with Direct TV on advertising and marketing initiatives.
• State Farm: Mahomes is a prominent spokesperson for State Farm, appearing in their commercials.
• Adidas: He has a long-term partnership with Adidas, promoting their athletic apparel and footwear.
• Head & Shoulders: Mahomes endorses Head & Shoulders, featuring in their advertising campaigns.
• Helzberg Diamonds: He partners with Helzberg Diamonds, promoting their jewelry products.

Real Estate Portfolio

Patrick Mahomes has invested in real estate, expanding his assets beyond his NFL contracts and endorsements. In 2019, he purchased a home in Kansas City for $1.9 million and listed it for sale in June 2019 for just under $3 million, selling it quickly thereafter. In early 2020, Mahomes acquired a home in Dallas for $3.4 million. He also invested $400,000 in 2021 for an undeveloped lot in the Loch Lloyd gated community in Kansas City. By 2023, he completed construction on his custom-designed dream home in Loch Lloyd, featuring a mansion, a large pool, a private pond, a par-three golf hole, and a half-football field with his personal logo and name in the end zone. The address of the Loch Lloyd property is not publicly available to protect his privacy.

Personal Life and Philanthropy

Patrick Mahomes married his high school sweetheart, Brittany Matthews, on March 12, 2022. They have two children together, a daughter and a son. Mahomes proposed to Brittany on September 1, 2020, at Arrowhead Stadium, on the same day he received his Super Bowl ring. In 2019, Mahomes founded the “15 and the Mahomies Foundation,” a nonprofit organization dedicated to improving the lives of children through initiatives focused on health, wellness, communities in need of resources and other charitable causes. This foundation reflects his commitment to giving back to the community.

Patrick Mahomes’ Net Worth Milestones

Here are some significant milestones in Patrick Mahomes’ net worth growth:

• 2017: Signs a four-year, $16.2 million contract with the Kansas City Chiefs, including a $10 million signing bonus.
• 2018: Named NFL MVP and Offensive Player of the Year, significantly increasing his endorsement opportunities.
• 2020: Leads the Chiefs to victory in Super Bowl LIV and wins the Super Bowl MVP award, boosting his marketability.
• 2020: Signs a 10-year, $503 million contract extension with the Chiefs, becoming the first half-billion-dollar athlete in sports history.
• 2020: Acquires an ownership stake in the Kansas City Royals baseball team.
• 2023: Wins another Super Bowl title, further enhancing his brand and endorsement potential.