Patrick Mahomes is one of the greatest quarterbacks in the National Football League. Now, he is seeking a third consecutive Super Bowl title with the Kansas City Chiefs; this would earn the team the distinction of being the first-ever to accomplish that feat in the NFL.
Mahomes was drafted in 2017 but sat out all but one game during his rookie year. Since taking over the starting job in 2018, Mahomes has led the franchise to three Super Bowl victories and four Super Bowl appearances in the last five years. He’s also led the Chiefs to the AFC Conference Championship in each of the six seasons he’s been the team’s starting QB.
Some say that if he keeps up the stellar performance, the 29-year-old could be on pace to challenge Tom Brady as the winningest quarterback by Super Bowl wins. (Brady has seven.)
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So, just how much is Mahomes worth in 2025 as he chases another title? How lucrative is his contract? And what does he spend his money on?
What is Patrick Mahomes’ net worth in 2025?
Mahomes has an estimated net worth of $90 million, according to CelebrityNetWorth.com (a popular celebrity wealth site that does not disclose its exact estimation methodology). In September 2024, Forbes put Mahomes’ net worth at $81 million, with $56 million coming from his NFL income and $26 million from endorsements.
Mahomes’ considerable wealth comes mostly from his NFL earnings. Across his eight years in the league (2017–2024), he’s made $182 million, according to Spotrac, a website that tracks athletes’ earnings.
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Who is Patrick Mahomes? Background & education
Patrick Mahomes was born in Tyler, Texas on Sept. 17, 1995. His father was a former MLB pitcher for six teams — including the Boston Red Sox and New York Mets — from 1992 to 2003.
Mahomes was a multisport athlete in high school, playing football, baseball, and basketball. He excelled in football and was recruited by Texas Tech University, where he played for three years (2014–2016) with a 13–19 record.
Despite the combined losing record at Texas Tech, Mahomes was a standout player with numerous NCAA records and accolades, including most yards gained in a game: 819 yards against Oklahoma on Oct. 22, 2016.
Patrick Mahomes’ NFL career, contracts & salary
Mahomes opted out of a fourth year at Texas Tech and entered the 2017 NFL Draft. As the 10th overall pick, he was selected in the first round by the Kansas City Chiefs, which signed him to a guaranteed four-year $16.4 million contract with a $10.1 million signing bonus and a fifth-year option. (Coincidentally, that 10th-round pick was given up by the Buffalo Bills in exchange for three picks.)
Mahomes played just one game in his rookie season as a backup quarterback with the Chiefs. In 2018, he was elevated to starting quarterback and ended the regular season with a 12–4 record, and lost the AFC Championship to the New England Patriots — just a game shy of reaching the Super Bowl. In 2019, Mahomes led the Chiefs to another 12–4 winning record and its first Super Bowl title in 50 years.
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In 2020, Mahomes signed a 10-year extension contract valued at $450 million, plus $28 million carried over from his rookie contract. Incentives included $25 for winning the MVP title and reaching the Super Bowl starting in 2022.
At the time, Mahomes’ contract was the most valuable in sports, and subsequent record-breaking sports contracts for other athletes would follow. At the start of the 2024 NFL season, Dak Prescott signed the most lucrative contract: $240 million for four years with the Dallas Cowboys.
Mahomes would again lead the Chiefs to the Super Bowl, winning back-to-back games in the 2022 and 2023 seasons and taking MVP titles as well.
At the beginning of the 2024 season, Mahomes’ average annual pay was $45 million, which landed him 12th among the league’s 32 starting quarterbacks by salary. (His contract was restructured to pay him $52.65 million per year from 2023 to 2026.)
Related: NFL starting quarterback salaries 2025: Who makes the most?
Why did Patrick Mahomes restructure his contract?
Mahomes’ $45 million annual salary was quickly beaten out by several other quarterbacks in the years after he signed his massive deal, including Joe Burrow of the Cincinnati Bengals, Lamar Jackson of the Baltimore Ravens, and Jalen Hurts of the Philadelphia Eagles.
Mahomes was undoubtedly more accomplished than the quarterbacks ahead of him, but his contract with the Chiefs was set until 2031. In order to satisfy the three-time Super Bowl-winning superstar, the Chiefs restructured his contract in 2023 to pay him $210.6 million of the deal from 2023 to 2026, or about $52.65 million per year.
This deal put him within the ballpark of the other players while still locking him into a solid tenure with the team. Moreover, Mahomes and the Chiefs are reportedly going to look into the contract again after 2026 to see if there’s potential to restructure once again.
More net worth:
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- Deion Sanders’ net worth: Career earnings & coaching salary
- Tom Brady’s net worth: Minting millions in his NFL retirement
What companies does Patrick Mahomes invest in?
Mahomes’ significant wealth isn’t just sitting around in a savings account; some of it is invested, and not just in the stocks and bonds favored by everyday savers. Mahomes has ownership stakes in franchises across multiple professional sports
Kansas City Royals
Sports teams have become a hot new investment for many athletes. The industry is familiar to them, and team valuations have grown extremely quickly over the last few decades, making sports franchise equity an attractive asset class for those with access. Athletes just have to look for one that’s not in their sport.
Baseball was the first option for Mahomes, which made sense because he played both football and baseball growing up, and his dad was an MLB pitcher.
In 2020, Mahomes became a minority owner of the Kansas City Royals, the Major League Baseball team that plays in the arena right beside the Chiefs’ own. The Royals are 27th of 30 MLB teams in terms of valuation at $1.2 billion, already up from a $1 billion valuation in 2020.
Formula 1
More recently, Mahomes added another team to his list, joining athletes like teammate Travis Kelce and Rory McIlroy alongside celebrities like Ryan Reynolds and Michael B. Jordan in purchasing a stake in the Alpine Formula 1 Team.
Forbes valued the team at $1.4 billion, based on its latest estimate in 2023.
Related: How Rory McIlroy built his multi-million dollar net worth on and off the course
Sporting Kansas City
Mahomes is a part owner of Sporting KC, a Major League Soccer team. His wife, Brittany Mahomes, is a co-owner of Kansas City Current, a National Women’s Soccer League team.
Patrick Mahomes’ endorsements
Given that he’s the face of the NFL, Mahomes has a slew of endorsements, earning him tens of millions of dollars. His most prominent deal is with athletic apparel brand Adidas, through which he has a signature shoe line. It’s unclear exactly how much Mahomes’ deal with the German brand is — but the tie is strong considering Adidas is also the official brand of Texas Tech, Mahomes’ alma mater.
Mahomes is also a staple on State Farm TV ads alongside his teammate Travis Kelce and coach Andy Reid.
He’s also appeared on television for companies like Subway and Head and Shoulders. Other endorsements include Oakley, Essentia Water, and Logan Paul and KSI’s growing sports drink, Prime.
How much money has Patrick Mahomes donated to charity?
In 2019, Mahomes established the “15 and the Mahomies” Foundation. According to the foundation’s website, its purpose is “improving the lives of children.”
The foundation supports several charities, including the Boys and Girls Clubs of Greater Kansas City, to which he and his wife donated $1.6 million in October 2023.
In 2022, Mahomes and his foundation gave out around $400,000 in grants to 25 different charities. It’s unclear how much he gave during the previous years for his foundation’s gala.
In 2024, Mahomes dedicated $5 million to Texas Tech for its $242 million South End Zone and Dustin R. Womble Football Center project, which will modernize a part of the university’s Jones AT&T stadium.
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How many houses does Patrick Mahomes have?
Mahomes lives in his glorious Belton, Missouri home alongside his wife and three children. The home sits on eight acres of land and features amenities like an indoor basketball court, par-three golf hole, and 50-yard football field, all of which he showcased when he was a main feature on the Netflix show “Quarterback.”
Mahomes also owns a home in Westlake, Texas, which is less than an hour’s drive from his hometown of Tyler, Texas. He purchased that home for about $3.4 million in 2020.
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