Patrick Mahomes, the Kansas City Chiefs’ star quarterback, has not only taken the NFL by storm with his incredible talent and on-field success but has also managed to accumulate a substantial net worth at a young age. In this article, we will delve into Patrick Mahomes’ remarkable journey from a budding football talent to becoming one of the wealthiest athletes in the world.
Early Life and Career
Born on September 17, 1995, in Tyler, Texas, Patrick Mahomes came from a family deeply rooted in sports. His father, Pat Mahomes Sr., was a Major League Baseball pitcher, which undoubtedly influenced his athletic genes. Patrick’s journey in football began at an early age, and he quickly displayed exceptional skills as a quarterback during his high school years.
After an impressive stint at Texas Tech University, Mahomes decided to forego his senior year and declare for the 2017 NFL Draft. The Kansas City Chiefs selected him as the 10th overall pick, setting the stage for a phenomenal career in professional football.
NFL Stardom and Contracts
Patrick Mahomes’ NFL career took off in spectacular fashion. In his first season as a starting quarterback in 2018, he was named the NFL MVP, throwing for over 5,000 yards and 50 touchdowns. This extraordinary achievement earned him a spot among the league’s elite quarterbacks and paved the way for a record-breaking contract.
In July 2020, Patrick Mahomes signed a 10-year contract extension with the Kansas City Chiefs worth a staggering $450 million. This landmark deal made him the highest-paid athlete in North American sports history at the time. The contract included a $140 million injury guarantee, ensuring his financial security for years to come.
Endorsements and Business Ventures
While his NFL contract is undoubtedly a significant source of income, Patrick Mahomes has also secured lucrative endorsement deals with some of the world’s biggest brands. He serves as a brand ambassador for companies like Adidas, Oakley, and Head & Shoulders, among others. His charismatic personality and likable demeanor have made him a sought-after figure in the world of advertising.
Furthermore, Mahomes has ventured into the business world. In 2020, he became a part-owner of the Kansas City Royals, the city’s Major League Baseball team. This investment not only solidified his connection to the city but also diversified his portfolio and opened up new revenue streams.
Net Worth Estimate
As of 2022, Patrick Mahomes’ estimated net worth stands at around $150 million. This remarkable figure makes him one of the wealthiest athletes in the world, despite being in the early stages of his NFL career. His substantial earnings from contracts and endorsements, coupled with his investments and business ventures, have propelled him into financial greatness.
Patrick Mahomes’ journey from a talented high school quarterback to a financial powerhouse in the world of sports is a testament to his hard work, dedication, and exceptional talent. His record-breaking NFL contract, lucrative endorsements, and smart business decisions have contributed to his impressive net worth. As he continues to excel on the football field and expand his off-field endeavors, it is safe to say that Patrick Mahomes’ financial success is only going to grow in the years to come.