Patrick Mahomes Net Worth 2023: What Is The NFL Star Worth?

Patrick Mahomes, the Kansas City Chiefs quarterback, has become a household name in American football. As of 2023, his net worth is estimated to be around a staggering $70 million, according to Celebrity Net Worth. This impressive figure is a testament to his skill on the field and his savvy off it.

In this article, we delve into how Mahomes built his fortune and what makes him one of the highest-paid athletes in the NFL.

Patrick Mahomes’ journey to stardom began at Texas Tech University, where he showcased his exceptional talent as a quarterback. His remarkable arm strength and strategic playmaking quickly caught the attention of NFL scouts.

The Kansas City Chiefs drafted him in 2017, and Mahomes has been nothing short of sensational since then.

A significant portion of Mahomes’ wealth comes from his record-breaking contract with the Chiefs. In 2020, he signed a 10-year extension worth up to $503 million, the largest contract in professional sports history at the time. This deal secured his financial future and reflected his immense value to the team.

Mahomes’ income also isn’t limited to his NFL earnings. He has lucrative endorsement deals with major brands like Adidas, Oakley, and Head & Shoulders. These partnerships significantly boost his income, adding millions to his net worth annually.

Moreover, Mahomes is a savvy investor. He has stakes in various ventures, including a minority ownership in the Kansas City Royals, a Major League Baseball team. His investment portfolio diversifies his income streams and contributes to his growing net worth.

Despite his wealth, Mahomes remains grounded. He is actively involved in philanthropic efforts through his foundation, “15 and the Mahomies,” which focuses on improving the lives of children. His commitment to giving back speaks volumes about his character off the field.