Patrick Mahomes is one of the NFL’s highest-paid and most-successful athletes, boasting an impressive salary, endorsement deals and business investments that have contributed to his success. These partnerships include Adidas, State Farm, Oakley and Nestle among many others; plus stakes in sports teams like Kansas City Royals as well as minority shares in F1 team Alpine.
On-Field Success
Patrick Lavon Mahomes II was born in Tyler, Texas on September 17th 1995 and attended Whitehouse Excessive College as quarterback on their football team as well as playing baseball and basketball. Although Rice University and Houston offered offers, Patrick decided to go to Texas Tech University, where his football career really took off.
Mahomes set an unprecedented contract signing record in 2020 by becoming the first NFL player ever to ink a deal worth $500 million over 10 years, earning approximately $55 Million per year with performance-based incentives offering potential bonuses of up to $7 Million over that time period.
Outside his NFL career, Mahomes reportedly earns an estimated $30 million through endorsement deals with companies such as Adidas, Bose, GEHA Community America Credit Union Molson Coors Brewing Directv Oakley Nestle among many others. Furthermore he was featured in Netflix production ‘Quarterback’ alongside fellow NFL stars Kirk Cousins and Marcus Mariota.
Mahomes has expanded his business portfolio by investing in various sports teams, such as the Kansas City Royals and Sporting KC of Major League Soccer as well as Kansas City Current of National Women’s Soccer League. He also owns an Alpine Formula 1 team; furthermore he is active philanthropically through 15 and Mahomies foundation. Click here to know about nfl odds guide.
Endorsement Deals
Patrick Mahomes has experienced tremendous on-field success as Kansas City Chiefs quarterback, but his endorsement deals and smart investments have taken his wealth to new heights. Mahomes currently partners with Adidas, Oakley, Boss, Coors Light and Essentia water – even featuring as one of three NFL stars featured in Netflix docuseries Quarterback alongside Marcus Mariota and Kirk Cousins.
Patrick is an avid collector of luxury vehicles, owning an impressive selection of vehicles including the Lamborghini Urus, Rolls Royce Cullinan and Genesis G70 sedan. He’s even displayed them proudly at Formula One races and golf events alongside Aaron Rodgers and Tom Brady to raise funds for charity.
Mahomes holds a wide-ranging investment portfolio that features stakes in the Kansas City Royals MLB franchise as well as Sporting KC and Kansas City Current professional soccer clubs, wearable tech startup Whoop (in which Kevin Durant and Rory McIlroy also invested). Patrick Mahomes’ net worth continues to increase rapidly thanks to hard work, exceptional talent, and smart financial decisions; this remarkable rise to superstardom stands as testament to hard work, exceptional talent and smart financial decisions.
Business Investments
Patrick Mahomes is not only a dynamic football player but an impressive businessman as well. Over time he has amassed an immense fortune off the field by investing in brands like Whataburger, Hyperice and Miami Pickleball Club. Additionally, Mahomes owns real estate in both Missouri and Texas: in 2019 purchased a Missouri home and in 2021 acquired Texas land to build another mansion worth $425,000; by 2022 had purchased eight acres in Belton for $400,000 where he constructed another huge mansion complete with private pool, rose garden, par three golf course and half football field bearing his brand logo in its end zone!
Patrick has broadened his portfolio by investing in various sports teams, such as MLB franchise Kansas City Royals, Major League Soccer (MLS) team Sporting Kansas City and NWSL Club Kansas City Current alongside his wife Brittany. Most recently he joined Travis Kelce, Rob McElhenney and Northern Irish golfer Rory McIlroy in purchasing stakes in Alpine Formula 1 Team.
Mahomes has assembled an expert team of advisors who assist him in overseeing his investments and endorsement deals. Leveraging his celebrity status by aligning himself with blue-chip brands such as State Farm and Head and Shoulders can bring financial reward. In addition, Mahomes has amassed an array of businesses including sports-related ventures like Throne Sport Coffee.
Personal Life
Patrick Mahomes derives much of his income off-field through lucrative endorsement deals, sponsorships, and investments. His savvy business acumen and investments have allowed him to diversify his portfolio and join the NFL’s financial elite; currently estimated to be approximately $90 Million as of 2024.
Kansas City Chiefs’ star quarterback boasts an array of skills that have made him unstoppable on the gridiron. These include uncanny elusiveness, rugged running ability and keen field awareness – which all combine to make him difficult to bring down or contain within the pocket. Furthermore, his right arm provides him with the capability of firing passes at various speeds and angles.
Mahomes signed a record-setting contract extension with the Chiefs in 2020 that will pay him an average annual salary of $555,000; since then he has led them to back-to-back AFC championship games and two Super Bowl appearances – winning both.
