How NFL superstar Patrick Mahomes makes and spends his millions (2024)

How NFL superstar Patrick Mahomes makes his fortune: from his historic US$450 million Kansas City Chiefs deal to endorsem*nts with Adidas and Oakley – and now Kim Kardashian’s Skims

Patrick Mahomes is arguably the best player in the NFL – and now he can add Skims ambassador to his impressive resume.

Mahomes, his wife Brittany, daughter Sterling Skye and son Patrick “Bronze” Lavon III broke the internet with their adorable photos showing off Skims’ Cozy line, which debuted on November 9.

The superstar Kansas City Chiefs quarterback has won two Super Bowls, two MVP awards and two Super Bowl MVPs in his career – all before turning 30.

And he’s making a not-so-small fortune as a result, with his net worth reportedly being US$70 million. Mahomes signed the biggest deal in NFL history in 2020, and he’s since restructured the deal to earn even more money over a shorter span, per NFL.com.

How NFL superstar Patrick Mahomes makes and spends his millions (1)

Mahomes and his family – his wife Brittany, daughter Sterling Skye and son Patrick “Bronze” Lavon III – live a life of luxury thanks to the quarterback’s generational talents.

Here’s how he makes and spends his millions.

Patrick Mahomes’ impressive NFL career

How NFL superstar Patrick Mahomes makes and spends his millions (2)

The Kansas City Chiefs drafted Mahomes out of Texas Tech with the 10th overall pick at the 2017 NFL Draft. After spending his rookie year backing up veteran Alex Smith, Mahomes took over the starting job in Kansas City in his second season – and was an immediate sensation. He was named MVP of the 2018 season before leading his team to a Super Bowl victory the very next year.

Taylor Swift and Travis Kelce are nailing autumn-ready couple style

In 2020, Kansas City committed to Mahomes with the biggest contract in NFL history. A 10-year, US$450 million extension ensured that Mahomes would stay in Kansas City for some time.

How NFL superstar Patrick Mahomes makes and spends his millions (4)

And he got to work right away, winning another Super Bowl – and Super Bowl MVP – at the end of the 2022 season.

A few months after winning his second Super Bowl, he renegotiated the deal to get even more money in a shorter span.

Various brand endorsem*nts

How NFL superstar Patrick Mahomes makes and spends his millions (5)

With an average annual value of US$45 million and several impressive endorsem*nt deals, Mahomes has plenty of money to spend.

In addition to the money he makes on the field, Mahomes also has several impressive endorsem*nt deals with high-profile brands.

According to Forbes, Mahomes made US$20 million in sponsorship deals in 2023, second only to Tom Brady among NFL athletes.

Mahomes has featured regularly in commercials for State Farm insurance. He has also lined up across from Troy Polamalu while promoting Head and Shoulders.

He has a deal with Bose, promoting their headphones both in TV commercials and on Instagram. Essentia water sponsors his hydration.

Meet Paige Spiranac, controversial ‘golf glamour girl’ and TikTok sensation

He has a big partnership with Adidas, which includes his own line of shoes. Mahomes is also an ambassador for Oakley sunglasses, often pictured in a dramatic pair of shades.

Investments in sports teams, F&B and tech

How NFL superstar Patrick Mahomes makes and spends his millions (7)

With all of his earnings both on and off the field, Mahomes has developed quite the investment portfolio. He bought a slice of MLB’s Kansas City Royals, furthering his commitment to his adopted city.

His wife, Brittany Matthews, also bought a share of the city’s National Women’s Soccer League team, the Kansas City Current. In January, Mahomes joined his wife as a part-owner of the Kansas City Current. Mahomes also has a stake in Kansas City’s MLS team, Sporting KC.

Outside of sports, Mahomes has also invested in the restaurant industry. A native Texan, Mahomes worked with a franchise group to help bring Whataburger to the greater Kansas City area. His preferred meal is “the No 1 with cheese, ketchup and pickles only with a large fry and a large co*ke”, though he mixes his order up.

He also invested in Whoop, a wearable tech company that includes Kevin Durant, Rory McIlroy, and Justin Thomas as fellow investors.

Mahomes spends his millions on golf, and watching Formula One

How NFL superstar Patrick Mahomes makes and spends his millions (8)

But Mahomes doesn’t put all of his money to work, as he knows how to have a good time as well. He enjoyed some fun in the sun at Formula One’s Miami Grand Prix.

Mahomes is also an avid golfer, having teed it up alongside fellow sports superstar Stephen Curry. He was even featured in an iteration of The Match, teaming up with Josh Allen to face off against Aaron Rodgers and Brady to raise money for charity. And he has his very own par-three hole in the backyard of his sprawling Kansas City palace.

Will Taylor Swift really do the 2025 Super Bowl half-time show?

Mahomes and his wife Brittany tied the knot in March 2022

How NFL superstar Patrick Mahomes makes and spends his millions (9)

And they had their first child together – Sterling Skye – the year prior.

The Mahomes family continues to grow, with Patrick and Brittany welcoming their second child, Patrick “Bronze” Lavon III, in November 2022.

With plenty of time – and money – left on his deal with the Kansas City Chiefs, life for Mahomes is definitely looking good.

This article originally appeared on Insider

How NFL superstar Patrick Mahomes makes and spends his millions (10)

How NFL superstar Patrick Mahomes makes and spends his millions (2024)

FAQs

How NFL superstar Patrick Mahomes makes and spends his millions? ›

As one of the brightest stars in the league, Mahomes makes tons of money both on and off the field. Mahomes has since invested in several sports teams, innovative sports technology, and restaurants.

How much money does Mahomes make off commercials? ›

Mahomes makes roughly $20 million from his endorsem*nt deals, according to Forbes, on top of the more than $50 million paid to him annually by the Chiefs. Mr. Kelce takes in a reported $5 million from his deals, in addition to the roughly $14 million per year he is paid to play football.

What is Patrick Mahomes' annual salary? ›

Patrick Mahomes 2023-24 salary:

Mahomes signed a massive 10-year, $450 million extension in 2020, which pays him an easy to calculate annual average value of $45 million. That money was spread creatively throughout the contract, however, via a contract restructure.

What is Patrick Mahomes' net worth in 2024? ›

Patrick Mahomes, the Kansas City Chiefs' star quarterback, has seen a meteoric rise not just on the field but also in his financial portfolio. As of 2024, his net worth is estimated to range from $40 million to $70 million​.

How did Brittany Mahomes make her fortune? ›

In college, she was a soccer star, and she then grew her own company, Brittany Lynne Fitness, which runs programs for clients with guided workouts. She went on to found the Kansas City Current as an expansion team in the National Women's Soccer League in 2021, co-owning it with her husband.

What businesses does Patrick Mahomes own? ›

What businesses does Patrick Mahomes own?
  • Whataburger. Few things represent the Lone Star State quite as much as a good burger. ...
  • Kansas City Royals. As the son of a former MLB player, baseball has always been in Mahomes' DNA. ...
  • Sporting KC. ...
  • Kansas City Current. ...
  • AirShare. ...
  • HyperIce. ...
  • Whoop.
Jan 29, 2023

How much is Patrick Mahomes' bonus for winning the Super Bowl? ›

In September, Patrick Mahomes and the Kansas City Chiefs agreed to a restructured deal that pays him an average annual salary of nearly $53 million. Mahomes will earn an extra $1.25 million if Kansas City wins the Super Bowl — as long as he plays at least 50% of the game's offensive snaps.

How much does Purdy make compared to Mahomes? ›

Brock Purdy salary breakdown. Mahomes made $33.4 million during the 2023 NFL season, while Purdy made $950,173, according to Spotrac.

Who is Patrick Mahomes' half sister? ›

Who gets paid more than Mahomes? ›

Share Video
QBTeamAPY
Joe BurrowBengals$55M
Patrick MahomesChiefs$52.65M
Justin HerbertChargers$52.5M
Lamar JacksonRavens$52M
6 more rows
Sep 18, 2023

What does Patrick Mahomes drive? ›

Ferrari 812 Superfast

As a professional athlete with a multi-million-dollar contract, Mahomes certainly has the means to indulge in his love for luxury cars. But beyond the material trappings, his ownership of a Ferrari 812 Superfast speaks to his drive, ambition, and determination to be the best in everything he does.

What ethnicity is Mahomes? ›

Mahomes is biracial. His father is Black and his mother is White. Mahomes attended Whitehouse High School in Whitehouse, Texas. He played football, baseball, and basketball.

How rich is Travis Kelce? ›

Reports from various sources estimate Kelce's net worth to be around $30 million, though that figure is hard to confirm given his multiple revenue streams.

What does Mahomes' wife do for a living? ›

Brittany Lynne Mahomes (née Matthews; born August 31, 1995) is an American sports team owner and retired soccer player who played as a forward for Icelandic club UMF Afturelding.

How much is Brittany Mahomes' wedding ring worth? ›

Patrick Mahomes' romantic proposal: A look at the $800K ring he gifted Brittany Matthews. Kansas City Chiefs' star quarterback, Patrick Mahomes, has not only conquered the football field but also found his lifelong partner in his high school sweetheart, Brittany Matthews.

How much is Patrick Mahomes' wife worth? ›

With an estimated net worth of $10 million at the age of 28, Brittany's financial success reflects her individual achievements and prowess.

How much does Patrick Mahomes get paid from endorsem*nts? ›

However, just recently the Chiefs have restructured his contract and now, as per the new four-year deal, Mahomes is set to earn $210.6 million. His endorsem*nt earnings are estimated to be over $7 million. There is no question that Pat Mahomes' net worth will increase exponentially as the years go by.

What is the highest paid commercial for the Super Bowl? ›

Per GO Banking Rates and CBS, Google and Amazon purchased the most expensive commercials in Super Bowl history as of 2023, priced at $16.8 million a spot. These 90-second ads cost more than most of the yearly salaries of the players who competed in the 2020 year's Super Bowl. That's a lot of money!

Who paid the most for Super Bowl commercials? ›

Who spent the most money on Super Bowl commercials? Budweiser holds the title as the top spender on Super Bowl commercials, having allocated a staggering $470.5 million for ads from the first Big Game in 1967 up to Super Bowl LIV in 2020.

Top Articles
Latest Posts
Article information

Author: Otha Schamberger

Last Updated:

Views: 5931

Rating: 4.4 / 5 (55 voted)

Reviews: 94% of readers found this page helpful

Author information

Name: Otha Schamberger

Birthday: 1999-08-15

Address: Suite 490 606 Hammes Ferry, Carterhaven, IL 62290

Phone: +8557035444877

Job: Forward IT Agent

Hobby: Fishing, Flying, Jewelry making, Digital arts, Sand art, Parkour, tabletop games

Introduction: My name is Otha Schamberger, I am a vast, good, healthy, cheerful, energetic, gorgeous, magnificent person who loves writing and wants to share my knowledge and understanding with you.