Patrick Mahomes is widely regarded as one of the most talented and dynamic quarterbacks in the history of the NFL. His incredible performances on the field, coupled with his charismatic personality, have made him a household name. Mahomes has been at the forefront of the Kansas City Chiefs’ success, winning Super Bowl titles and earning numerous accolades. His rapidly growing fame and accomplishments have also translated into significant wealth. In this article, we will explore Patrick Mahomes’ net worth in 2024, along with insights into his biography, age, children, education, and career.
Patrick Mahomes’ Net Worth in 2024
As of 2024, Patrick Mahomes’ net worth is estimated to be around $250 million. The bulk of his wealth comes from his record-breaking contract with the Kansas City Chiefs, along with endorsements and investments. In 2020, Mahomes signed a 10-year, $503 million contract extension, making it the largest contract in professional sports history at the time. This deal includes incentives, guarantees, and various bonuses, cementing his status as one of the wealthiest athletes in the world.
In addition to his on-field earnings, Mahomes has signed lucrative endorsement deals with major brands like Adidas, State Farm, Oakley, Head & Shoulders, and Hunt’s Ketchup. His growing influence and marketability have made him a top choice for brands seeking to align with his superstar image. Mahomes has also invested in sports franchises, most notably becoming a part-owner of the Kansas City Royals, further expanding his wealth and business portfolio.
Biography
Patrick Lavon Mahomes II was born on September 17, 1995, in Tyler, Texas. He comes from an athletic family—his father, Pat Mahomes Sr., was a professional baseball pitcher who played in Major League Baseball (MLB) for multiple teams. Growing up, Patrick was a multi-sport athlete, excelling in baseball, basketball, and football. His athletic upbringing and exposure to professional sports at a young age greatly influenced his development as a competitive and versatile athlete.
Although baseball was a big part of Mahomes’ life, he ultimately chose to pursue football, where his arm strength, vision, and playmaking ability would lead him to become one of the NFL’s most exciting quarterbacks.
Age and Early Life
As of 2024, Patrick Mahomes is 28 years old. Raised in Whitehouse, Texas, Mahomes attended Whitehouse High School, where he excelled in both football and baseball. In high school, he was a star quarterback, throwing for more than 4,600 yards and 50 touchdowns in his senior year, while also showcasing his skills as a pitcher in baseball.
Mahomes’ athletic success was evident early on, as he was drafted by the Detroit Tigers in the 2014 MLB Draft. Despite his baseball talent, Mahomes decided to focus on football, enrolling at Texas Tech University to play quarterback.
Children
Patrick Mahomes is a proud father. He married his longtime girlfriend, Brittany Matthews, in 2022. The couple welcomed their first child, a daughter named Sterling Skye Mahomes, in February 2021. In 2023, the couple had their second child, a son named Patrick “Bronze” Lavon Mahomes III. Mahomes often shares glimpses of his family life on social media, and he has spoken about how fatherhood has changed his perspective and motivated him to succeed both on and off the field.
Education
After high school, Patrick Mahomes attended Texas Tech University, where he played college football for the Texas Tech Red Raiders from 2014 to 2016. During his time at Texas Tech, Mahomes set multiple records, including passing for 734 yards in a single game against Oklahoma in 2016, which remains one of the most impressive performances in college football history.
Mahomes majored in sports management, but he declared for the NFL Draft after his junior season. His decision to forgo his senior year and enter the draft proved to be wise, as he quickly became one of the NFL’s most promising young quarterbacks.
Career
NFL Draft and Early Success
Patrick Mahomes was selected by the Kansas City Chiefs with the 10th overall pick in the 2017 NFL Draft. Initially serving as the backup to veteran quarterback Alex Smith, Mahomes learned the ropes under head coach Andy Reid. He took over as the starting quarterback in the 2018 season, and from there, his career skyrocketed.
In his first season as a starter, Mahomes threw for 5,097 yards and 50 touchdowns, becoming only the second player in NFL history to achieve this feat. His remarkable performance earned him the NFL MVP award in 2018. Mahomes’ combination of mobility, arm strength, and football IQ quickly made him one of the most exciting quarterbacks in the league.
Super Bowl Success
Mahomes led the Kansas City Chiefs to Super Bowl LIV in February 2020, where they defeated the San Francisco 49ers to claim the franchise’s first Super Bowl title in 50 years. Mahomes was named Super Bowl MVP for his clutch performance, including a stunning comeback in the fourth quarter to secure the victory.
The following year, Mahomes led the Chiefs to another Super Bowl appearance in Super Bowl LV, although they were defeated by the Tampa Bay Buccaneers. Despite the loss, Mahomes continued to prove his worth as one of the NFL’s premier quarterbacks. In the 2022-2023 season, Mahomes and the Chiefs returned to the top by winning Super Bowl LVII, defeating the Philadelphia Eagles. Mahomes was once again named Super Bowl MVP, further cementing his legacy as one of the game’s greatest players.
Endorsements and Investments
Mahomes’ success on the field has translated into significant earnings off the field as well. His endorsement deals with major brands such as Adidas, State Farm, Oakley, Head & Shoulders, and Hunt’s Ketchup have made him one of the highest-paid athletes in terms of endorsements. His marketability stems from his likable personality, relatable charisma, and on-field brilliance, making him a valuable asset for companies.
In 2020, Mahomes expanded his business portfolio by purchasing a stake in the Kansas City Royals, becoming one of the youngest owners in professional sports. This investment highlights Mahomes’ interest in building a legacy beyond football and securing long-term financial success.
Achievements and Awards
Patrick Mahomes has amassed an impressive collection of awards and accolades in his relatively short NFL career, including:
- NFL MVP (2018)
- Super Bowl MVP (Super Bowl LIV, Super Bowl LVII)
- Super Bowl Champion (Super Bowl LIV, Super Bowl LVII)
- NFL Offensive Player of the Year (2018)
- Multiple Pro Bowl and First-Team All-Pro selections
His records, milestones, and accolades reflect his extraordinary talent and cement his status as one of the NFL’s all-time greats.
Business Ventures and Philanthropy
Patrick Mahomes is not just a superstar athlete; he is also a savvy businessman and philanthropist. Alongside his investment in the Kansas City Royals, Mahomes launched his own foundation, 15 and the Mahomies, which is dedicated to improving the lives of children through health, wellness, and educational initiatives. The foundation has contributed to various causes, focusing on underserved communities.
Mahomes’ business ventures, endorsements, and foundation work have made him an influential figure beyond the football field, further enhancing his reputation as a leader and role model.
Real Estate and Personal Life
In addition to his investments in sports and businesses, Patrick Mahomes has made significant real estate purchases. He owns a luxurious home in Kansas City, where he lives with his wife, Brittany, and their two children. The home features an impressive gym, a pool, and a large outdoor area, reflecting Mahomes’ taste for comfort and style.
Mahomes also purchased a ranch in Texas, where he spends time with his family during the offseason. His real estate portfolio reflects his financial success and long-term planning for life beyond football.
Conclusion
With a net worth of approximately $250 million in 2024, Patrick Mahomes has solidified himself not only as one of the NFL’s top players but also as one of the wealthiest and most influential athletes globally. His record-breaking contract, endorsements, investments, and philanthropy all contribute to his growing legacy. As Mahomes continues to dominate on the field and expand his business empire, his future both in football and beyond looks incredibly bright.
