I’ve been hearing a lot about Patrick Mahomes’ massive contract and endorsements, and it got me curious. Does anyone know what his net worth is currently? Seems like he’s raking in quite a bit from both football and other ventures.
Patrick Mahomes’ net worth in 2024 is estimated to be around $70 million. This impressive figure is primarily due to his substantial NFL contracts, endorsements, and investments.
Estimated Net Worth: Patrick Mahomes’ net worth is approximately $90 million as of July 2024, according to sources like Celebrity Net Worth.
Factors Contributing to Net Worth: His net worth primarily stems from his NFL salary, which is around $40 million annually, and lucrative endorsement deals with major brands such as Adidas, Oakley, and State Farm.
Income Breakdown:
NFL Salary: Mahomes secured a monumental 10-year contract with the Kansas City Chiefs in 2020, guaranteeing him a staggering half-billion dollars over the duration. This results in an impressive annual salary of about $40 million.
Endorsements: In addition to his NFL earnings, Mahomes benefits significantly from endorsement partnerships with leading companies, which contribute substantially to his total income each year.