Patrick Mahomes net worth in 2024 has become a hot topic among football fans. The star quarterback for the Kansas City Chiefs has made a name for himself with his amazing skills on the field. His success in the NFL has brought him both fame and fortune.
Let’s take a closer look at his earnings, sources of income, and how he became one of the highest-paid athletes in the world.
Patrick Mahomes in Brief
Full Name | Patrick Mahomes |
Date of Birth | September 17, 1995 |
Place of Birth | Tyler, Texas, USA |
Occupation | Professional NFL Quarterback |
Height | 6 feet 2 inches (1.88 meters) |
Spouse | Brittany Mahomes |
Children | Sterling Skye Mahomes and Bronze. |
Net Worth | $90 million |
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What is Patrick Mahomes Net Worth in 2024?
Patrick Mahomes is an American football quarterback with a net worth of $90 million as of 2024. and makes $40 million each year. Before joining the NFL, he played quarterback at Texas Tech.
In the 2017 NFL Draft, he was picked 10th by the Kansas City Chiefs. Now, he is one of the top-paid athletes in the world. In 2020, he helped the Chiefs win their first Super Bowl since 1969. He also led them to another Super Bowl victory in 2023.
Patrick Mahomes’s Early Life and Education
Patrick Mahomes was born on September 17, 1995, in Tyler Texas. His dad Pat Mahomes used to play baseball in the big leagues and his mom is Randi Martin. Patrick has a younger brother named Jackson who’s popular on social media. His parents split up in 2006. He also has a half-brother from his dad’s side Graham Walker who plays football at Brown University. Patrick’s dad’s friend LaTroy Hawkins a former pro baseball player is his godfather.
Patrick is of mixed race; his dad is Black and his mom is White. He went to Whitehouse High School in Texas where he played football baseball and basketball. He thinks that playing basketball and pitching in baseball helped him become a better quarterback. In his senior year of high school, he had impressive stats in football and even threw a no-hitter in baseball.
In terms of recruitment, Patrick Mahomes was seen as a decent prospect by Rivals.com a sports recruiting site. He had offers from colleges like Texas Tech Rice and Houston but chose Texas Tech in the end. Although he was also a promising baseball player he wasn’t expected to be drafted high because of his commitment to college football. The Detroit Tigers did pick him in the 37th round of the 2014 MLB Draft but he didn’t sign with them.
Patrick Mahomes’s College career
Freshman
In his first year at Texas Tech, Patrick Mahomes started as a backup but got his chance to play when the main quarterback Webb got injured. He had some ups and downs but showed promise, especially in a game against Baylor where he set a record for freshmen by throwing nearly 600 yards.
While playing football Mahomes also spent time on the Texas Tech baseball team as a relief pitcher.
Sophomore
Moving into his second year Mahomes became the starting quarterback. He had a solid season with lots of games where he threw for over 350 yards and often scored three or more touchdowns. He even had a game where he threw five touchdowns against Iowa State. Overall he led the Big 12 Conference in several stats including passing yards and touchdowns.
Junior
Patrick Mahomes decided to focus solely on football in his junior year which turned out to be a great choice. He had an outstanding season, especially in September and October where he broke several records. Despite his success, the team didn’t do as well missing out on a bowl game.
Despite the team’s struggles Mahomes led the country in several categories and won the Sammy Baugh Trophy for being the best college passer. He also earned academic honors. In January 2017 he announced he was leaving college early to enter the NFL draft.
Patrick Mahomes’s NFL Career
Pre-draft
Patrick Mahomes was predicted to be one of the top picks in the NFL draft by many experts. At the NFL Scouting Combine, he showed off his arm strength throwing passes as fast as some of the quickest ever recorded. Different sources ranked him as one of the best quarterbacks in his draft class. Representatives from almost every NFL team watched him during his workouts at Texas Tech. He became a hot prospect leading up to the draft with a lot of teams interested in him.
In 2017, the Kansas City Chiefs chose Mahomes as their first-round pick trading up to get him. This was a big move since they hadn’t picked a quarterback in the first round for years. They signed him to a four-year deal. Mahomes got his first start in the last game of the regular season helping the Chiefs win.
The following season Patrick Mahomes became the Chiefs’ starting quarterback after they traded their previous starter. He started with a bang winning his first game and earning accolades for his performance. He set records for touchdown passes and won awards like AFC Offensive Player of the Month.
Throughout the season Mahomes kept playing at a high level leading his team to victories with impressive stats. He even led the league in passing touchdowns a feat not accomplished by a Chief in a long time. He helped the Chiefs secure a playoff spot and their division title.
In the playoffs, Patrick Mahomes continued to shine leading the Chiefs to their first home playoff win in years. Although they lost in the AFC Championship game Mahomes’s performance earned him recognition like being named NFL MVP a prestigious award for the league’s top player.
The next season Mahomes picked up where he left off showing his talent with impressive plays and leading the Chiefs to another successful season. He overcame challenges like injuries but still managed to perform well earning praise from fans and experts alike.
In the playoffs, Mahomes showcased his ability to come from behind leading the Chiefs to dramatic victories. They made it to the Super Bowl where Mahomes’s skills were on full display. Despite a tough loss, Mahomes’s performance earned him the Super Bowl MVP award.
In 2020, Patrick Mahomes signed a historic contract extension making him one of the highest-paid athletes ever. He continued to impress on the field setting records and earning accolades. Although the season ended with a disappointing loss Mahomes’s talent and leadership remained undeniable.
Despite setbacks like injuries and tough losses Mahomes has proven himself as one of the NFL’s brightest stars. His talent work ethic and leadership make him a force to be reckoned with on the football field.
The 2021 season for Patrick Mahomes and the Kansas City Chiefs kicked off with Mahomes restructuring his contract which helped the team save $17 million. In the first week, Mahomes had an impressive performance with three passing touchdowns one rushing touchdown, and over 300 passing yards against the Browns. However, in the following weeks, the team faced some tough losses including Mahomes throwing his first September interception and the team suffering its second double-digit loss ever.
Despite some ups and downs, Mahomes bounced back with remarkable games like his five-touchdown performance against the Raiders. By the end of the regular season, Mahomes had some impressive stats but also set a career-high in interceptions.
The Chiefs secured their spot in the playoffs where Mahomes continued to shine. In the Wild Card Round against the Steelers, he threw for over 400 yards and five touchdowns setting a franchise record. In the Divisional Round against the Bills, Mahomes led the team to a thrilling overtime win in what was hailed as one of the greatest playoff games ever. However, their journey ended in the AFC Championship Game with a loss to the Bengals.
The next season started strong for Mahomes with impressive performances like his five-touchdown game against the Cardinals. He continued to break records setting franchise and league records for passing yards and touchdowns. The Chiefs dominated the season earning the number 1 seed in the AFC and securing a bye week in the playoffs.
In the playoffs, Patrick Mahomes faced some challenges including an ankle injury in the Divisional Round. However, he helped lead the team to victory and ultimately to their third Super Bowl appearance in four seasons. In Super Bowl LVII against the Eagles, Mahomes played through an injury and led the Chiefs to a thrilling comeback win earning his second Super Bowl MVP.
In the 2023 season, Patrick Mahomes and the Chiefs agreed to a record-breaking contract extension. Despite facing some criticism and struggling in certain statistical categories Mahomes continued to break records becoming the fastest player to reach 200 career touchdowns. He led the Chiefs to another successful playoff run ultimately winning their second consecutive Super Bowl title.
Overall Mahomes’s career has been marked by impressive performances record-breaking achievements and multiple Super Bowl victories solidifying his status as one of the top quarterbacks in NFL history.
The Chiefs, led by Patrick Mahomes, started the 2024 season hoping to win three Super Bowls in a row. In their first game of the season, which was against the Ravens, Mahomes passed Len Dawson to become the Chiefs’ top passer. The Chiefs won the game 27–20.
Patrick Mahomes’s Personal Life
On September 1, 2020, Patrick Mahomes asked Brittany Matthews his high school sweetheart to marry him at Arrowhead Stadium where he had just received his Super Bowl LIV championship ring. Matthews used to play soccer professionally for a team in Iceland and is now a certified personal trainer. She’s also part owner of the Kansas City Current a women’s soccer team. They got married on March 12, 2022, and now have a daughter and a son with a third one on the way as of July 2024.
Mahomes is a devout Christian. He became religious in middle school through his church’s youth group. Before each game, he walks the field and says a prayer at the goalpost thanking God for his opportunities and asking to glorify Him win or lose.
Mahomes stars in a Netflix sports documentary series called “Quarterback” which follows him and other NFL quarterbacks on and off the field during the 2022 season. The show premiered on July 12, 2023, and Mahomes helped produce it through his production company 2 PM Productions.
During the offseason, Patrick Mahomes enjoys playing golf and has taken part in celebrity tournaments like the American Century Championship since 2020. He also played in “The Match” in 2022 and 2023 winning the latter with his teammate Travis Kelce.
Endorsements
Mahomes has numerous endorsement deals including ones with Hunt’s Oakley Essentia Water State Farm and Adidas. He’s been on the cover of Madden NFL twice and has his signature shoe with Adidas. He’s also appeared in commercials for Coors Light (though it was for a flashlight, not beer) T-Mobile, and Prime.
Philanthropy
Patrick Mahomes is involved in philanthropy having established the 15 and the Mahomies Foundation in 2019 to help children. He’s spoken out against police brutality and encouraged voter registration even partnering with LeBron James‘ Rock the Vote initiative.
Business investments
He’s also invested in various businesses including the Kansas City Royals Sporting Kansas City a professional pickleball team and the Alpine racing team in Formula One. He’s even helping expand Whataburger to Missouri and Kansas.
Patrick Mahomes’s Playing style
In the world of sports there’s a guy named Patrick Mahomes who used to play baseball and now dominates football. Some folks even call him the best NFL player ever because he’s so good at dodging tackles throwing hard running fast and being generally athletic. He’s known for pulling off crazy throws like not looking where he’s tossing the ball and even throwing it behind his back. Experts say he’s got this amazing knack for knowing exactly when to pass the ball to his teammates fooling the other team in the process.
Patrick Mahomes says his baseball days helped him get strong arms for throwing footballs. Before one big game where two black quarterbacks faced off for the first time in Super Bowl history, Mahomes talked about how he got his style from old-time baseball players especially someone called Satchel Paige who also influenced his dad’s baseball skills.
Lots of coaches say Patrick Mahomes is great at making things up on the spot during games. Ever since Mahomes had his breakout season in 2018 NFL teams have been looking for players who can think fast and break free from the playbook. This even led to young players like Kyler Murray and Bryce Young getting a lot of attention even though they’re not as big as other quarterbacks.
Patrick Mahomes’s Real Estate
In 2019, Patrick bought a house in Kansas City for $1.9 million. He put it up for sale at nearly $3 million and sold it quickly.
In early 2020, he bought a house in Dallas for $3.4 million.
In 2021, Patrick spent $400,000 on a lot in a fancy Kansas City neighborhood called Loch Lloyd. By 2023, his dream home was ready. It has a huge mansion, a big pool, a private pond, a small golf hole, and a half-football field with his name in the endzone.