The Kansas City Chiefs veteran Patrick Mahomes is one of the few quarterbacks who entered the NFL by being a top draft pick and was successful in living up to sky-high expectations. In six seasons as the full-time starter in Kansas City, he also never showcased any sign of slowing down and is on the way to creating a golden dynasty in the NFL.
In his six seasons in the league, Mahomes has already won two Super Bowl titles and has multiple titles and accolades in his bag including two Super Bowl MVPs, and two regular season MVPs. The Chiefs also showcased their commitment to the QB by giving him some blockbuster deals.
What is the total NFL earnings of Patrick Mahomes?
After heading to the NFL being the 10th overall pick of the Chiefs in the 2017 NFL Draft, Mahomes accumulated a hefty sum of $136,254,472 to date, per Spotrac. He earned $10,926,636 in 2020, $22,806,905 in 2021, and $29,450,000 in 2022.
The two-time Super Bowl champion is set to earn $59,350,000 this season, $44.5 million next season, along with $50 million in 2025 and $56.76 million for the 2026 season. Since he started his career in the NFL, the Chiefs have been to the AFC Championship Game every single year and has also made three Super Bowl three appearances as of now. Hence, the amount the Chiefs are spending for him could not be more justified.
What is Patrick Mahomes’ NFL contract with the Chiefs?
Last month, the Chiefs agreed to restructure the contract with Mahomes to pay him $210.6 million from the 2023 season to the 2026 season, per ESPN. Under this restructuring, he will get a fully guaranteed average annual salary of $52.65 million. This AAV would rank him second among the NFL quarterbacks, with the first one being the Cincinnati Bengals star Joe Burrow ($55 million in AAV).
The two-time MVP was in a 10-year contract with the Chiefs worth up to $503 million back in 2020, marking the largest contract in American professional sports history. By inking this deal, he also became the first professional player to sign a half-billion-dollar contract. However, after elite quarterbacks like Burrow, Lamar Jackson, and Justin Herbert signed big deals with their respective teams, Pat later slipped to the eighth spot with an AAV of $45 million.
What is Patrick Mahomes’ Net Worth in 2023?
According to Celebrity Net Worth, Mahomes holds a whopping $70 million net worth in 2023. Besides his blockbuster NFL contracts, he is earning a big amount from the endorsement deals he signed with Oakley, Adidas, Essentia Water, State Farm, DirectTV, Hy-Vee, and Head & Shoulders.
The 28-year-old is also making cash from his investments including his minority ownership in the Kansas City Royals baseball franchise that he purchased back on July 28, 2020. He also has invested in MLS Sporting Kansas City as well as the NWSL’s Kansas City Current.
Besides purchasing stakes in sports teams, the QB joined hands with human performance company Whoop along with athlete recovery brand Hyperice and nutrition company Biosteel. Pat is reportedly set to earn almost $7 million per year in addition to his official income.
What’s your take on the Chiefs star’s business acumen? Tell us in the comments.
