Patrick Mahomes Net Worth

What is Patrick Mahomes' net worth and salary?

Patrick Mahomes is an American professional football player who has a net worth of $120 million and a salary of $40 million.

Originally drafted 10th overall out of Texas Tech in 2017, he spent his rookie season as a backup before exploding onto the scene with a historic 5,000-yard, 50-touchdown campaign that earned him his first league MVP.

His career is defined by an unprecedented run of success, highlighted by three Super Bowl championships and three Super Bowl MVPs. He has led the Chiefs to at least the AFC Championship Game in nearly every season he has started, cementing the team as a modern dynasty. Mahomes is currently a two-time NFL MVP and holds numerous records for the fastest player to reach career milestones in passing yards and touchdowns. He is widely celebrated for his creative and improvisational playing style, featuring "no-look" passes and remarkable mobility that often leaves defenders scrambling.

While he faced a significant hurdle late in the 2025 season with a serious knee injury that required surgery and caused him to miss the playoffs for the first time as a starter, his impact on the game remains unparalleled. Off the field, he is a major figure in sports business, holding ownership stakes in the Kansas City Royals and Sporting KC while playing under one of the most lucrative contracts in professional sports. Even with the recent injury setback, Mahomes' resume through his first nine seasons has already secured his place as a certain first-ballot Hall of Famer and a primary challenger for the title of the greatest quarterback ever to play.

Early Life

Patrick Lavon Mahomes II was born in Tyler, Texas, on September 17, 1995, to MLB pitcher Pat Mahomes and Randi Martin. He played quarterback at Whitehouse High School, where he also played baseball and basketball. As a senior on the football team, he threw for 4,619 yards and 50 touchdown passes to go along with 948 rushing yards and 15 rushing touchdowns. In baseball, he threw a no-hitter with 16 strikeouts. He believes pitching and playing basketball helped him improve as a quarterback over the years. Patrick was rated the 12th-best dual-threat quarterback in his class as a three-star recruit. He received offers from Texas Tech, Rice, and Houston. He was selected by the Detroit Tigers in the 37th round of the 2014 MLB Draft, but did not sign a contract as he decided to focus on football instead.

Mahomes played college football at Texas Tech, where he was named Second-team All-Big 12 in 2016. He set NCAA records for single-game yards passing with 734 and single-game yards total offense with 819 in the same game against Oklahoma. In his junior year, he led all NCAA Division I FBS players with 5,052 passing yards and 53 total touchdowns. He was the Sammy Baugh Trophy winner in 2016.

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NFL Career

Patrick Mahomes' NFL career began in 2017 when the Kansas City Chiefs made a franchise-altering decision to trade up from the 27th overall pick to select him 10th overall in the first round. He spent his rookie season learning behind veteran quarterback Alex Smith, but his promotion to starter in 2018 immediately reshaped the league's competitive landscape.

As a first-year starter, Mahomes shattered records at a historic pace. He set NFL marks for the most touchdown passes thrown through the first two and first three career games and became the youngest quarterback ever to throw six touchdowns in a single game. By season's end, he joined Peyton Manning as the only quarterbacks in NFL history to throw for at least 5,000 yards and 50 touchdowns in a single season. Mahomes also became the only quarterback to reach the 5,000-yard milestone in both college and the NFL. His dominant campaign earned him NFL MVP, Offensive Player of the Year, First Team All-Pro honors, and his first Pro Bowl selection.

In January 2020, Mahomes led the Chiefs to an AFC Championship victory, sending the franchise to its first Super Bowl appearance in 50 years. In Super Bowl LIV, Kansas City defeated the San Francisco 49ers 31-20, with Mahomes named Super Bowl MVP. He became the youngest player to win the award, the second Black quarterback to earn Super Bowl MVP honors, and just the third Black quarterback to lead a team to a Super Bowl victory. That same year, he was named "Sports Illustrated" Sportsperson of the Year.

The Chiefs returned to the Super Bowl following the 2020 season but lost 31-9 to Tom Brady and the Tampa Bay Buccaneers in Super Bowl LV. Mahomes threw for 270 yards and two interceptions in the first double-digit loss of his NFL career while playing through a significant turf toe injury that required surgery three days after the game.

Mahomes reached new statistical heights in 2022, setting an NFL record for total yards in a season by a quarterback with 5,608 and breaking his own franchise record with 5,250 passing yards. He led the Chiefs past the Cincinnati Bengals in the AFC Championship Game and on to another Super Bowl appearance. In Super Bowl LVII, he played through an ankle injury to defeat the Philadelphia Eagles and captured his second Super Bowl MVP award. He followed that performance by leading Kansas City to a back-to-back championship in Super Bowl LVIII, becoming one of only three players in NFL history to win three Super Bowl MVPs. Despite suffering a major knee injury late in the 2025 season involving ACL and LCL tears, Mahomes remains the fastest player in league history to reach 200 career touchdown passes and 30,000 passing yards.

Salary and Contracts

Patrick Mahomes entered the NFL in 2017 on a fully guaranteed four-year rookie contract worth $16.2 million, including a $10 million signing bonus. Even before his rookie deal expired, it was widely expected that his next contract would fundamentally reset the quarterback market.

With two years remaining on his rookie contract heading into the 2020 Super Bowl, Mahomes became eligible for an extension immediately after the season. Early projections suggested he could command a deal worth around $200 million, with average annual salaries approaching $40 million. At the time, Eli Manning held the NFL record for career earnings at $252 million, a figure he accumulated over 17 seasons.

Those estimates ultimately proved conservative.

$500 Million Contract

On July 6, 2020, Patrick Mahomes signed a 10-year contract extension with the Kansas City Chiefs that was initially reported to exceed $400 million. Further details later clarified the deal's scope and historical significance. The base value of the contract was $450 million, but with performance escalators and guarantee mechanisms, its total potential value reached $503 million.

The contract includes $477 million in guarantee mechanisms, with $140 million fully guaranteed against injury. The agreement made Mahomes the first half-billion-dollar athlete in professional sports history. For perspective, at the time of the signing, the NFL's all-time earnings leader was Drew Brees, who had made approximately $245 million over his entire career.

In 2023, the Chiefs restructured the deal to pay Mahomes $210.6 million between 2023 and 2026, the largest four-year cash total in NFL history, ensuring his compensation remained aligned with the rapidly rising quarterback market.

(Photo by Mark Brown/Getty Images)

Kansas City Royals

In August 2020, fresh off his Super Bowl win earlier in the year, it was revealed that in addition to signing a $500 million contract, Patrick had also reached a deal to acquire an ownership stake in the Kansas City Royals baseball team. While the exact size of his stake was not disclosed, the franchise had been valued at approximately $1 billion the year prior. At the time of the purchase, Mahomes had earned just over $13 million in on-field salary, making the investment a significant milestone in his off-field financial portfolio.

He later expanded his ownership footprint in the Kansas City sports market to include Sporting Kansas City and the Kansas City Current, and joined an international investment group that acquired a stake in the Alpine Formula 1 racing team.

Endorsements

Patrick Mahomes is one of the most marketable athletes in the world, with an endorsement portfolio that rivals the NFL's biggest global stars. His first widely publicized deal came with Hunt's after he openly discussed his love of ketchup, but his partnerships quickly expanded to include Adidas, Oakley, State Farm, Hy-Vee, Essentia Water, DirecTV, Head & Shoulders, and Helzberg Diamonds.

Adidas released his signature "Mahomes 1" and "Mahomes 2" training shoes, further solidifying his crossover appeal beyond football. Mahomes also became the first Chiefs player to appear on the cover of "Madden NFL 20" and later shared the cover of "Madden NFL 22" with Tom Brady.

Personal Life

Patrick Mahomes married his high school sweetheart, Brittany Matthews, on March 12, 2022, in Hawaii. He proposed to her on September 1, 2020, in a suite at Arrowhead Stadium on the same day he received his first Super Bowl ring. The couple has three children: daughter Sterling Skye, born in 2021; son Patrick "Bronze" Lavon Mahomes III, born in 2022; and daughter Golden Raye, born in January 2025.

In 2019, Mahomes founded the "15 and the Mahomies Foundation," a nonprofit organization focused on improving the lives of children through initiatives centered on health, wellness, and education. He is the son of former Major League Baseball pitcher Pat Mahomes and the godson of former MLB pitcher LaTroy Hawkins, his father's longtime teammate with the Minnesota Twins.

Real Estate

• In 2019, Patrick paid $1.9 million for a home in Kansas City. He listed this home for sale for a little under $3 million in June 2019. The home sold within a few days of being listed.
• In early 2020, Patrick paid $3.4 million for a home in Dallas.
• In 2021, Patrick paid $400,000 for an undeveloped lot in the exclusive Kansas City gated community of Loch Lloyd. And in 2023, construction on his dream home finished, complete with a massive mansion, giant pool, private pond, a par three golf hole, and half a football field with his personal logo and name printed in the endzone.

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