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Rising NFL star Patrick Mahomes’ net worth is climbing as fast as one of his fastball throws. The Kansas City Chiefs quarterback blew up the league in 2018 by passing for over 5,000 yards and 50 touchdowns, earning himself the league’s MVP trophy along the way.
New Face of the NFL: Patrick Mahomes
On February 2, 2020, Mahomes was named MVP of Super Bowl LIV as he led the Chiefs to a comeback 31 – 20 victory over the San Francisco 49ers. At 24 years of age, he became the second-youngest QB ever to win a Super Bowl.
In his first three seasons of play, football experts had already begun claiming him to be the best quarterback in the NFL. His Super Bowl win adds another feather to his cap.
Patrick Mahomes Net Worth Snapshot
Name Patrick Mahomes II.
Profession: Quarterback for the Kansas City Chiefs.
College: Texas Tech.
Estimated Net Worth: $10 Million.
(Estimate per a variety of Internet sources.)
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Sources of Patrick Mahomes’ Wealth
How does Patrick Mahomes make his money?
Patrick Mahomes Salary from the Chiefs
Mahomes signed a four-year rookie contract in 2017 with the Kansas City Chiefs. The fully-guaranteed contract will pay him $16.4 million plus a $10.1 million signing bonus and a $3.9 million roster bonus. The Chiefs hold an option for the fifth year, but the team will likely offer him a juicy new contract before that ever happens.
Mahomes is one of the hottest rising stars in the NFL, and the Chiefs will want to lock in their young superstar for as long as possible.
Endorsement Income
Mahomes’ breakout MVP season brought on many endorsement opportunities. The first deal he signed came from the ketchup-maker Hunts. Mahomes is well-known for his ketchup on just about anything he eats, including on his steaks.
From there, the flood gates crashed open. He penned deals with sunglass-maker Oakley, shoe and sportswear manufacturer Adidas, and Goodcents Deli Fresh Subs.
His most recent endorsement agreements came from Essentia Water and Hy-Vee. A new Essentia commercial features Mahomes promoting the company’s supercharged ionized alkaline water. His collaboration with Hy-Vee includes television commercials, personal appearances, apparel, and social media and marketing events.
In 2018 he became the first Chiefs player to ever appear on the cover of the Madden NFL series (Madden NFL 20).
Look for his 2020 Super Bowl win to lead to many more endorsements beyond Disney World. And, look for the Chiefs to try to sign him to a long-term contract that will greatly enhance his net worth.
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Business Ventures
The Chief’s quarterback has plenty of talent and notoriety to leverage. He’s begun to dip his toes into the world of fashion with his new branded clothing line featuring his own logo. His online store Mahomes15.com features branded apparel and sportswear for all ages. In combination with his NFL salary, you can see why Patrick Mahomes’ net worth scenario looks very good.
NFL’s First 200 Million Dollar Man?
According to football salary analysts, Mahomes could be in line to become the first $200 million man in the history of the NFL. If he continues his trajectory established in his first full season, the Chiefs will back up the truck and make him the highest-paid quarterback ever.
The league’s MVP finished with 5,381 passing yards, 50 touchdowns, and only 12 interceptions in 2018.
The upside for Patrick Mahomes is immeasurable. He finished the 2018 season (his first full year) with a 12-4 record, taking the Chiefs all the way to the AFC Championship game. (The team lost to the eventual Super Bowl-winning New England Patriots.) He finished first in ESPN’s QBR quarterback passer rating and second in total passing yards with 5,097.
NFL Jersey Sales Show Popularity
His popularity is rising to be amongst the hottest in the NFL, with his jersey sales ranking third overall behind only Tom Brady and Khalil Mack, according to nflshop.com. With his youth, likability, and star quality, Mahomes ranks as one of the most marketable players in the league, and his career has only just begun.
NFL Quarterback Salary Comparison
Which NFL quarterbacks make the most money?
Patrick Mahomes average annual salary: $4.1 million
A salary of over $4 million per year is not too shabby but relatively small compared to veteran QBs who have signed big deals per the NFL agreement.
The top five highest-paid quarterbacks in the NFL (average annual salary):
1. Russell Wilson, Seattle Seahawks: $35 million
2. Ben Roethlisberger, Pittsburgh Steelers: $34 million
3. Aaron Rodgers, Green Bay Packers: $33.55 million
4. Matt Ryan, Denver Broncos: $30 million
5. Kirk Cousins, Minnesota Vikings: $28 million
Salary Fast Fact: Super Bowl LIII champion quarterback Tom Brady of the New England Patriots earned approximately $20.5 million in 2018 in his QB role.
Patrick Mahomes Player Stats
Born: 9/17/1995 in Tyler, Texas. So, how old is Patrick Mahomes? He’s 24 years old.
Throws: Right-Handed.
Height: 6’ 3”.
Weight: 230 lbs.
Nicknames: Showtime, The Gunslinger, The Musician.
Check out these awesome Patrick Mahomes fantasy football names for your next fantasy football league.
How Far Can Mahomes Throw a football?
On his pro day before the 2017 NFL draft, Patrick heaved the ball nearly 80 yards. Whoa!
Patrick Mahomes Background
Where did Patrick Mahomes grow up?
High School
Mahomes attended Whitehouse High School in Whitehouse, Texas, where he played football, baseball, and basketball. In football, he led the team to its first district title with a 12-1 record. Rivals, ESPN, and 247 Sports rated him a three-star recruit coming out of his final year of high school.
Check out how another Texas high school QB has fared: Drew Brees Net Worth.
College
Where did Patrick Mahomes go to college? Mahomes played three seasons for Texas Tech before declaring he would enter the NFL Draft. As a freshman, he set the Big 12 record for passing yards (598) in a game. His play improved each year, finishing among the best in school history. He left his mark with NCAA records for single-game passing yards (734) and total offense yards (819) against Oklahoma in 2016.
NFL Draft
The Kansas City Chiefs selected Patrick Mahomes in the 1st round of the 2017 NFL Draft. He was the #10 overall pick that year.
Free Agency
The Chiefs resigned Mahomes in 2020 to a long-term contract.
NFL History and Highlights
Mahomes saw little action as the backup quarterback his freshman year with the Chiefs in 2017. But the next year, starting QB Alex Smith was dealt with the Washington Redskins. Mahomes took the reigns and never looked back.
His breakout season in 2018 led to numerous honors, including being named First-Team All-Pro and the NFL MVP. He finished the season playing in the 2019 Pro Bowl in Orlando, Florida.
No Look Passes
One of Mahomes’ calling cards as a quarterback is his ability to execute no-look passes with efficiency. Check out the NFL-N-Motion view of one of his no-look passes.
Personal Life
Mahomes is not married or engaged as of this writing.
Who is Mahomes’ girlfriend?
Mahomes’ long-term girlfriend is soccer player Brittany Matthews, who he met in high school. As of now, no word on engagement or plans for this couple.
She attended the University of Texas-Tyler and was a standout in soccer. In the 2016 season, she was named all-conference, All-West Region, ASC All-Tournament, and was twice named the player of the week.
Matthews now works as a personal trainer.
Who are his Mother and Father?
His immediate family includes his mother Randi and his father, Patrick. Patrick Mahomes’ father (Patrick Mahomes) played professional baseball. The senior Mahomes pitched for six different teams from 1992 to 2003. He finished his MLB career with a 42-39 record.
Does He Have Brothers and Sisters?
He has two siblings: brother Jackson and sister Mia.
Quotes About Patrick Mahomes
Here’s what others are saying about Mahomes.
Brett Favre
“Mahomes’ talent is as good as anybody in the league now and has ever played the game. I think the kid will get nothing but better.”
Bill Belichick
“He gets the ball to all of his receivers quick, quick release, sees things quickly, can extend plays, got a great arm, got a fabulous arm, can throw the ball out of the stadium. He makes good decisions, is accurate, gets the ball out on time.”
Chris Collinsworth
“Patrick Mahomes. Here’s a guy who’s the Kermit to my Miss Piggy .”
The Guardian
“Mahomes’ brilliance is hard to explain, even harder to exaggerate. He is bending the boundaries of what is plausible on the football field. Only Aaron Rodgers can match the first-year starter’s blend of athleticism, precision, and playmaking magic. Nobody has a more impressive arm than Mahomes.”
Ben Baldwin
“Every week, Patrick Mahomes does a bunch of things that shouldn’t be possible for a human.”
Patrick Mahomes Quotes
1.) I just try to learn from every mistake that I make so that I never make them again.
2.) I love being able to come in every single day and work out and watch films and practice with guys who are all striving for the same goal.
3.) You have to be secure with the ball. You can’t lose it.
4.) Every experience, good or bad, you have to learn from.
5.) I think the message for the whole team is we’re not satisfied with where we’re at. We wanted to put ourselves in this position, but at the same time, we know we still have a long way to go. We’re going to keep in that mentality the rest of this season and into the playoffs, not being satisfied with just being here. We want to make sure we can go and win the big games whenever we need to.
6.) Just how to be a professional. [Alex is] a great pro, someone who gameplans week in and week out. He really loves this, and I’ll forever cherish the person that he is, and he’ll be a great friend no matter what happens.
On Alex Smith
7.) I came from Texas Tech and had a ton of stats and didn’t win enough games. For me, it’s all about winning. I want to win the Super Bowl. I want to win the championship, and that’s it.
On goals for his first season
Patrick Mahomes Fun Facts
1.) THE DETROIT TIGERS DRAFTED the NFL star quarterback in the 37th round of the 2014 Major League Baseball Draft, but he did not sign with the team.
2.) His dad gave him the nickname “Showtime” because he saw some flash in his son’s game.
3.) His favorite sport other than football is golf.
4.) Baker Mayfield and Patrick Mahomes went head-to-head in a record-setting college game. Mayfield and the Sooners won that day after putting up 66 points on the scoreboard. Mahomes and the Raiders only managed a measly 59 points.
4.) Mahomes has something in common with Kermit the Frog. Some of his teammates poke fun at him for having a “froggish” voice. Hear him explain it yourself in the following video.
Patrick Mahomes Voice Video
Next Steps
The future is bright for this young football superstar on and off the field. In this article, we dig deeper into his rookie contract, endorsement deals, and future earnings potential.
Leading the Chiefs to their first Super Bowl win since 1969, Mahomes will likely profit from a huge new contract and many more endorsements. He has truly become the face of the new NFL as it enters its second century of existence.
By Greg Johnson & Mike O’Halloran
Greg, a long-time Vikings fan, writes about football and sports. Mike is the editor and founder of Sports Feel Good Stories and a Kansas City Chiefs fan.
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