Patrick Mahomes II is a professional quarterback who plays for the Kansas City Chiefs in the National Football League (NFL).
Drafted by the Chiefs in the first round of the 2017 NFL Draft, Mahomes has become one of the league’s standout talents, known for his dynamic playmaking abilities, arm strength, and improvisational skills on the field.
He achieved early success in his career by winning the NFL Most Valuable Player (MVP) award in 2018 and leading the Chiefs to a victory in Super Bowl LIV, where he was named the Super Bowl MVP.
Profile Summary
Full Name | Patrick Mahomes II |
Date of Birth | September 17, 1995 |
Age | 29 years old |
Place of Birth | Tyler, Texas |
Nationality | American |
Parents | – Pat Mahomes (father), former MLB pitcher |
– Randi Martin (mother) | |
Siblings | – Jackson Mahomes (brother), social media influencer |
– Graham Walker (half-brother), football player at Brown University | |
Education | Whitehouse High School, Whitehouse, Texas |
Texas Tech University | |
Career | Professional quarterback in the NFL for the Kansas City Chiefs |
Awards | – NFL Most Valuable Player (MVP) award in 2018 |
– Super Bowl MVP (Super Bowl LIV) | |
Net Worth | $90 million (as of late October 2023) |
Contract Details | – Contract with the Kansas City Chiefs worth $450 million over ten years |
– Includes a $10 million signing bonus, $141.5 million guaranteed, and an average annual salary of $45 million | |
Endorsements | – Hunts Ketchup |
– Adidas | |
– State Farm Insurance | |
– Biosteel Sport | |
– Oakley |
Patrick Mahomes Biography
Patrick Mahomes, an American football quarterback, was born on September 17, 1995, in Tyler, Texas. He is the son of Pat Mahomes, a former Major League Baseball (MLB) pitcher, and Randi Martin. Mahomes has a younger brother named Jackson, a social media influencer. His parents divorced when he was 11, and he also has a half-brother named Graham Walker, who plays football at Brown University.
Mahomes is of mixed race, as his father is Black and his mother is White. He attended Whitehouse High School in Whitehouse, Texas, where he played football, baseball, and basketball. He believes his pitching and basketball experience helped him improve his quarterbacking skills. During his senior year in high school, he had an impressive record of 4,619 passing yards, 50 passing touchdowns, 948 rushing yards, and 15 rushing touchdowns in football. In baseball, he threw a no-hitter with 16 strikeouts in a game. His athletic abilities earned him the MaxPreps Male Athlete of the Year for 2013-2014.
Mahomes was considered a three-star football recruit by Rivals.com and was ranked the 12th-best dual-threat quarterback in his class. He received offers from Texas Tech, Rice, and Houston and ultimately committed to Texas Tech University. He was also a top prospect for the 2014 Major League Baseball draft, but his commitment to Texas Tech made teams hesitant to select him high. Despite being chosen by the Detroit Tigers in the 37th round of the 2014 MLB Draft, he did not sign a contract.
Patrick Mahomes Net worth
Regarding his financial status, Patrick Mahomes has accumulated significant wealth through his NFL career and various endorsements. As of late October 2023, his net worth is estimated at $70 million.
He earned $29.45 million for the 2022 NFL season. In addition to his earnings from his football career, Mahomes has diversified his investments, including taking stakes in the MLB team Kansas City Royals and the women’s soccer team Kansas City Current. He is also involved with a few sports wellness companies, enriching his portfolio and broadening his income stream.
How much is Patrick Mahomes’ contract with the Kansas City Chiefs worth?
Patrick Mahomes’ contract with the Kansas City Chiefs is $450 million. According to www.spotrac.com, this has accumulated for over ten years.
A total breakdown of It includes a $10 million signing bonus, $141.5 million guaranteed, and an average annual salary of $45 million. Mahomes agreed to a restructured deal that will pay him a record $210.6 million over four years.
Here’s all we know
Year | Base Salary | Signing Bonus | Annual cash | Total Bonuses |
2020 | $825,000 | $4,521,508 | $10,926,636($10,926,636) | $34,293,381 |
2021 | $990,000 | $2,000,000 | $22,806,905($33,733,541) | $23,450,000 |
2022 | $1,500,000 | $2,000,000 | $29,450,000($63,183,541) | $34,293,381 |
2023 | $1,325,556 | $6,114,888 | $59,350,000($122,533,541) | $41,293,381 |
2024 | $8,600,000 | $6,114,888 | $44,500,000($167,033,541) | $41,793,381 |
2025 | $16,650,000 | $4,114,888 | $50,000,000($217,033,541) | $43,793,381 |
2026 | $45,350,000 | $4,114,888 | $56,750,000($273,783,541) | $39,450,000 |
2027 | $45,800,000 | $4,114,888 | $52,900,000($326,683,541) | $49,950,000 |
2028 | $17,975,000 | $27,175,000($353,858,541) | $31,450,000 | |
2029 | $8,000,000 | $34,975,000($388,833,541) | $24,450,000 | |
2030 | $30,625,000 | $45,525,000($434,358,541) | $23,450,000 | |
2031 | $37,550,000 | $14,450,000 |
Endorsement and Deals
Since the inception of his rise in Kansas City, Patrick Mahomes has become more affiliated with brands. To him, rising through the ranks was his priority before starring in any commercial.
Today, Mahomes is the face of Hunts Ketchup, Addidas, State Farm Insurance, Biosteel Sport, and Oakley.
Unlike most celebrities, Mahomes endorses products that he directly consumes.
He signed an endorsement deal with Biosteel Sport, and just like that, he receives a stake in the company against the traditional outcome of incurring a whopping sum of money. Mahomes has been a long-time customer of Biosteel Sport, using their product for training.
Mahomes had this to say on X.
A company that has been a part of my journey from the beginning, I’m excited to officially join the @BioSteelSports team. The best kept secret in sports is only getting better. #TeamBioSteel
https://twitter.com/BleacherReport/status/1075515629640114176
In 2017, Mahomes signed a multi-year endorsement deal with Adidas, one of his favorite shoe brands; presently, he has his own shoe line, Showtime.
In 2018, Mahomes signed another endorsement deal with DirecTV and State Farm; he had been the face of the State Farm “Incredible Start” campaign and the “Fantasy Football Kickoff” campaign.
Before starting the 2019 season, Mahomes signed an endorsement deal with Heads and Shoulders, a shampoo/hair conditioner brand.
In the same year, Mahomes signed to partner with Oakley, a Brand that produces and markets designer sunglasses,
This partnership had been the progeny of his own brand, Mahomes II Signature Series, which he designed in 2021 to aesthetically represent his alma mater, Texas Tech.
In 2020, Mahomes endorsed four companies: Essential Water, Electronic Arts, Hy-vee, and Bose.
While the individual endorsement earnings were not revealed, Mahomes incurred a total of 40 million USD across all endorsements.
The Full Weight of His Income: Is He The Highest-paid Athlete in the world?
Although wealthy, Patrick Mahomes is not currently the highest-paid athlete in the world.
According to a Daily Mail article dated September 24, 2023, he has a significant contract—the largest in the NFL—and is set to earn “$210m over the next four years.” However, there are still indications that there are larger contracts in sports globally.
Shohei Ohtani, for instance, has agreed to a historic contract described as the richest in sports history, as reported by Bleacher Report. Additionally, Lamar Jackson is mentioned as having signed an agreement that makes him the highest-paid player in the NFL as of June 5, 2023, according to Marca.com.
In Forbes’ list of the world’s highest-paid athletes, Patrick Mahomes is included but not at the top position. This points out that while Mahomes’ earnings are exceptionally high and record-setting within certain confines, he does not hold the top spot in terms of global athlete earnings.
Patrick Mahomes Investments Outside Football
Patrick Mahomes has appeared to be a big influence on brands; interestingly, he has grown to see the value of partnership and the end results.
Following the flock of investors backing car racing, Mahomes has invested in F1 team Alpine.
Mahomes also has a 1% stake in the football Major League Baseball team Kansas City Royals, which is estimated to be worth at least 1.2 billion USD; he has a percentage in Whoop, a fitness brand that was estimated to be worth over 3. 6 billion.
His investment, however, doesn’t entirely end there. Mahomes has put his money on Hyperice. Anything for the love of Massage guns and therapy, right?
His chain of investement covers KMO Burgers and whataburger. Blending business and sport, Patrick Mahomes has been able to incur an outstanding figure in worth.