What is the net worth of Patrick Mahomes?
Patrick Lavon Mahomes II is an American football quarterback for the Kansas City Chiefs of the National Football League. He first played college football and college baseball at Texas Tech University. After his sophomore year, he quit baseball to focus solely on football.
The Kansas City Chiefs selected Mahomes in the first round (10th overall) in the 2017 NFL Draft. They signed him to a four-year, $ 16.42 million guaranteed contract, which included a $ 10.08 million signing bonus.
After trading Alex Smith to the Washington Redskins in 2018, the Chiefs elevated Mahomes to the starting quarterback. In his first game as a starter, Mahomes beat division rival Los Angeles Chargers by 38-28 to be named the AFC’s Offensive Player of the Week.
Super Bowl accolades
After winning the 2019 Super Bowl game, rumors began to show that the Chiefs wanted to secure the young quarterback on a multi-year contract.
April 30, 2020 the Chiefs chose the fifth-year option on Mahomes’ contract, and they signed it for a ten-year extension worth $ 477 million with an additional $ 26 million in potential bonuses for a total of $ 503 million. The contract runs until the 2031 season, and at the time of signing, it was the largest in the history of American professional sport.
Patrick Mahomes officially became the first professional athlete to have a contract of half a billion dollars.
Invest and be “the regular” Patrick
Shortly after signing the half-billion dollar deal, Mahomes told CBS Sports: “I didn’t buy anythingâ¦ I feel exactly the sameâ¦ I’m going to be the same person I was before. to have the contract and before having to the NFL. “
Although he said he would be the same person, a few days later it was confirmed that Mahomes became a proud owner of a Ferrari 812 Superfast over $ 338,000, and his fiancÃ©e received as a gift a Lamborghini of over $ 200,000.
His net worth is estimated at $ 30 million. He is also a shareholder of the Kansas City Royals baseball team, a Major League Baseball club valued at $ 1 billion, making him the youngest team owner in the history of the sport.