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- Patrick Mahomes net worth
- Patrick Mahomes NFL contract details
- Patrick Mahomes NFL career earnings
- Patrick Mahomes endorsements
- Patrick Mahomes business ventures
- Where does Patrick Mahomes live?
Patrick Mahomes took the NFL by storm … eventually. The Texas Tech product was a surprising first-round selection of the Chiefs in 2017 as he was drafted as the heir apparent to veteran Kansas City QB Alex Smith, but he was seen as a reach when selected 10th overall.
Mahomes sat behind Smith for a year, only debuting in the final week of the regular season. He finished that game with 284 yards, no touchdowns and an interception. In his first year as the starter, Mahomes led Kansas City to the AFC championship game, though it resulted in a loss to the Patriots. He then led a playoff run in 2019 that culminated in the Chiefs’ victory over the 49ers in the Super Bowl, Kansas City’s first Lombardi Trophy since 1969.
Mahomes developed into one of the best quarterbacks not only in the league but also in NFL history. He and Kansas City won three Super Bowls in his first six years as the starting quarterback. Due to his development, he was handsomely compensated by the Chiefs’ front office and was once the highest-paid quarterback in league history. Even though he has been dethroned, his career earnings and endorsements have allowed him to undertake a variety of business ventures.
Here’s more on Mahomes’ career earnings.
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Patrick Mahomes net worth
As of August 2025, Mahomes’ net worth is $90 million, per Celebrity Net Worth. This has him tied for 22nd among all NFL players in history at the time.
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Patrick Mahomes NFL contract details
In 2020, Mahomes signed a 10-year, $450 million extension with the Chiefs, a deal that kicked in ahead of the 2022 season. While other quarterbacks have surpassed Mahomes in AAV since he signed the deal, Mahomes’ contract is the largest in NFL history by total dollars. Joe Burrow and Trevor Lawrence are the next closest with $275 million.
Here’s the full breakdown for Mahomes’ contract, which runs through the 2031 season, according to Spotrac.
Year | Base Salary | Bonuses | Cap Hit |
2022 | $1.5 million | $27.95 million | $35.8 million |
2023 | $1.3 million | $22.95 million | $37.1 million |
2024 | $9.85 million | $8.9 million | $37 million |
2025 | $16.5 million | $33.35 million | $66.3 million |
2026 | $45.35 million | $11.4 million | $68.7 million |
2027 | $45.8 million | $7.1 million | $64.8 million |
2028 | $17.98 million | $9.2 million | $32.575 million |
2029 | $8 million | $26.975 million | $34.975 million |
2030 | $30.6 million | $14.9 million | $45.525 million |
2031 | $37.55 million | $10.825 million | $48.375 million |
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Patrick Mahomes NFL career earnings
Mahomes has signed two contracts so far in his career. He had his four-year rookie deal with the fifth-year option that Kansas City picked up. Mahomes then signed a massive 10-year extension.
- Rookie: 4-year, $16.425 million (2017-2020)
- Extension: 10-year, $450 million (2021-2031)
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Patrick Mahomes endorsements
Mahomes has a multitude of endorsements ranging across the business world.
- Adidas
- Airshare
- Align Technology
- CommunityAmerica Credit Union
- DraftKings
- Frito-Lay
- Hugo Boss
- Hy-Vee
- Molson Coors
- Nestle
- Oakley
- Panini
- Proctor and Gamble
- State Farm
- Subway
- T-Mobile
Mahomes has been in several commercials for his sponsors.
Adidas
State Farm
Subway
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Patrick Mahomes business ventures
Along with playing football and his endorsements, Mahomes has also pursued various business ventures. He is a co-owner of the Royals, the Kansas City Current (a National Women’s Soccer League team in K.C.) and the Alpine F1 team.
Mahomes has also invested in Whoop and real estate. Whoop is a technology company based in Boston. Their primary product is a piece of wearable tech that measures “strain, recovery and sleep.”
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Where does Patrick Mahomes live?
Mahomes has two mansions. One of them, which he lives in during the season, is in Belton, Missouri. It was an $8 million, custom-built mansion in Cass County. In the offseason, he often lives in his second mansion in Westlake, Texas.
The property in Belton is on eight acres and was built in 2020. The property is impressive. There is the mansion itself, which includes a home gym, indoor basketball court, aquarium and shoe room. Outside, there is a 50-yard football field with Mahomes’ name and personal logo, a pond, a par-three golf hole and a swimming pool equipped with a water slide.
The Westlake residence for the offseason is a four-bedroom, seven-bathroom home that he purchased in March 2020 for $3.7 million.
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