A Look At Patrick Mahomes' Net Worth, Salary, Luxury Assets And More (2024)

A match of unrivalled importance, the Super Bowl LVIII was a historic event. In a topsy-turvy affair, it was the Kansas City Chiefs who got the better of the San Francisco 49ers to win their third championship in five years, and fourth overall. At the heart of this memorable Super Bowl win stood Patrick Mahomes, who etched his name in the history of the National Football League (NFL).

While the San Francisco-based outfit was the dominant side at the half-time mark, the Chiefs made a remarkable comeback to turn the tie on its heels. In the dying stages of the game, it was Mahomes’ three-yard touchdown pass to Mecole Hardman that sealed a 25-22 win in the favour of the Kansas team.

Mahomes’ match-winning performance earned him the MVP award, his second consecutive in the Super Bowl and third overall. Additionally, he shares the record with Joe Montana for the second-most MVP awards in Super Bowls.

The Chiefs quarterback rightly deserves to be ranked in the pantheon of the all-time greats. As such, let us take a look at Patrick Mahomes’ incredible career along with his net worth, salary, luxury assets, and more.

Deep diving into Patrick Mahomes’ net worth, salary and career earnings

How much is Patrick Mahomes’ net worth in 2024?

American football ranks among the highest-paying sports disciplines in the world. Therefore, it is hardly surprising to know that the star players of the NFL make a fortune throughout their careers. Their wealth is a combination of their earnings from professional contracts, investments, endorsem*nt deals and other ventures they might have.

With all his accolades, it is safe to say that Mahomes has been at the top of his game in recent years. He has had a profitable time at the Kansas City Chiefs ever since he was drafted in the first round in 2017.

According to Celebrity Net Worth, Patrick Mahomes enjoys a net worth of around USD 70 million in 2024. Naturally, he ranks among the richest American athletes in the modern era.

A look at Patrick Mahomes’ record-breaking salary

In 2019, Patrick Mahomes signed a 10-year deal with the Kansas City Chiefs worth a whopping USD 450 million! This translates to the quarterback earning a massive sum of USD 45 million from his professional contract alone. Mahomes’ contract remains the highest-paying contract in the history of American football, and fourth among all sporting disciplines.

However, Mahomes’ earning from the sport is not limited to his professional contract. His impressive performances also earn him bonuses, both from the league as well as from his team. He received a handsome reward of USD 164,000 for winning the Super Bowl LVIII.

According toForbes,Mahomes earns USD 59.3 million per year, including both his on and off-field earnings.

Patrick Mahomes’ luxury assets

His impressive real-estate investment portfolio

Like every successful athlete, Patrick Mahomes owns several houses. His real-estate empire stands at a gigantic USD 8 million.

Just a few months after signing his first professional contract with the Kansas City Chiefs, Mahomes bought his first home in 2017. The condo, located in Missouri, Kansas City, is spread over 1,800 square feet and has two bedrooms alongside three bathrooms. While he paid around USD 350,000 for the property in 2017, today it is worth over USD 500,000.

In January 2019, Mahomes bought his second house in Missouri. He spent around USD 1.8 million to acquire the mansion which has three bedrooms and four bathrooms. Additionally, the house boasts a pool, a hot tub, a rose garden and a screened porch. The entire property is spread over 4,300 square feet.

The Chiefs quarterback purchased a vacant land of around eight acres in Belton, Missouri in 2020. He built a house on the plot in 2022, which comes with a pool. It also has a massive private pond, a par three gold course and a 50-yard football field with Mahomes’ brand logo and name printed on it. The property is valued at around USD 400,000.

Mahomes’ most prized possession is his mansion in Westlake, Texas which houses four bedrooms and seven bathrooms. Reports suggest that the American football player lives with his family at this Texas home during the NFL offseason. He bought the property in March 2020 for an estimated USD 3.37 million.

A peek into Patrick Mahomes’ garage

Patrick Mahomes shares an affinity for luxury automobiles with many celebrities. Over the years, the Kansas City Chiefs quarterback has purchased several dazzling vehicles. However, his first luxury car came in the form of a Genesis G70, which he won after being named the MVP of the 2019 Pro Bowl.

Mahomes is fond of exotic cars and has some of the best Ferrari models in his collection. The two Prancing Horse badge bearers we simply cannot miss are the 812 Superfast and the F8 Tributo.

Furthermore, the American football player owns a Rolls-Royce Cullinan and a Lamborghini Urus.

Which brands does Patrick Mahomes endorse?

Following his MVP season in 2018, Patrick Mahomes started attracting the attention of multinational brands like moths to a flame. His meteoric rise in the sport in the next few years has only propelled his popularity among brands.

The quarterback’s first endorsem*nt deal was with California-based ketchup brand Hunt’s. He has come a long way since then. Today, Mahomes has sponsorship deals with several renowned brands such as Essentia Water, Hy-Vee, State Farm, DirectTV, Adidas and Head & Shoulders, among others.

Mahomes is the first NFL player to sign an endorsem*nt deal with Oakley, an American brand renowned for manufacturing sports and luxury eyewear. He is also the face of the brand’s ‘Prizm Optics’ campaign. In 2019, the American footballer also became the first Chiefs player to feature on the cover of EA Sports’ marquee Madden NFLtitle (Madden NFL 20).

In December 2023, KSI and Logan Paul’s energy drink brand Prime roped in Mahomes as one of its brand ambassadors, along with Manchester City forward Erling Haaland and MMA fighter Alexander Volkanovski.

According to multiple reports, Mahomes earns an estimated USD 7 million per annum from all his endorsem*nt deals.

Is Patrick Mahomes involved with works of charity?

A three-time Super Bowl champion, the Kansas City Chiefs quarterback is not just another athlete; he is an icon. With over 6.4 million followers on Instagram, Patrick Mahomes invariably holds the power to influence a lot of people through his activities and lifestyle. And he uses it to leave a positive impact on the masses.

While he has made a fortune from his NFL career, Mahomes has a heart of gold as he does his part to give back to society. In 2019, he established the ’15 and the Mahomies’ foundation which aims to improve the lives of children around the globe.

According to the organisation’s official website, it “supports initiatives that focus on health, wellness, communities in need of resources and other charitable causes.”

(Main and Featured Images Credits: Courtesy Patrick Mahomes II/Instagram)

Frequently Asked Questions (FAQs)

– How much is Patrick Mahomes’ net worth in 2024?
In 2024, Patrick Mahomes has a net worth of around USD 70 million.

– How much does Patrick Mahomes earn?
According to reports, Patrick Mahomes has an annual earning of USD 59.3 million.

– How much is Patrick Mahomes’ house worth?
Reports suggest that the total value of all of Patrick Mahomes’ houses stands at USD 8 million.