Here, we will take an in-depth look into Patrick Mahomes' net worth and explore all the factors that have made him one of today's biggest superstars. I say do this: when an NFL teams revenue reaches a certain point, require it to contribute a sizable tax to its citys education or health & services budgets. Our society is out of whack. He released his signature shoe with Adidas in 2021, called the Mahomes 1 Impact FLX. Stroud. His home measures around 3,759-square-foot. Patrick Mahomes celebrates a touchdown against the Jacksonville Jaguars. The Coors Light featuring Patrick Mahomes won the Webby Award for Best Partnership or Collaboration, Advertising Campaigns Barilla The Promise featuring Roger Federer won the Webby Award for Best Influencer Endorsements, PR Campaigns (Advertising, Media & PR) Stray won the Webby Award for Best User Experience, At Capitalism.com, were ALL IN on entrepreneurs. Maybe he can buy himself some more ketchup. Mahomes has to be making a gargantuan amount of money from commercials and endorsement deals, I dont think hes too concerned about the contract he signed. He also recently signed an agreement to become the face of Adobe Creative Cloud. Off the field, he has over 5.6 million followers on Instagram and is known for his charitable work with organizations such as 15 and The Mahomies Foundation. Copyright 2023 Sporting News Holdings Limited. extension with the Chiefs in July 2020, just the fourth year of his rookie contract. Mahomes bought a slice of MLB's Kansas City Royals, furthering his commitment to his adopted city. Patrick Mahomes The list of Mahomes endorsement deals is long. Copyright 2023 Sporting News Holdings Limited. "Pat Mahomes is likeable," he added. Aside from his investments, endorsement deals, and NFL salary, Mahomes also earns money through public appearance fees and memorabilia sales. Mahomes is also an ambassador for Oakley sunglasses, always seemingly pictured in a dramatic pair of shades. April 13, 2023 6:32 AM EDT. He reportedly purchased a condo for $350,000 here. That he did so with the hometown Royals also showed his commitment to Kansas City. No parade here. Patrick Mahomes and Travis Kelce stole the show at the 2023 NFL Draft, and Kansas City Chiefs fans loved it. Mahomes has already made equity investments in several businesses, most surrounding sports, entertainment, and health & wellness. Here's a breakdown of Mahomes' net worth, which includes money made in 2022 and over the course of his NFL career, plus endorsements and business dealings: Mahomes is one of the NFL's biggest draws. From WriterZen to Plutio, AppSumo offers incredible deals on hundreds of innovative products that can improve your workflow at every stage. This is the most lucrative sports contract, earning Mahomes significant income. Mahomes has had a bit of a weird journey when it comes to contracts. Adding more than $20 million through endorsements to his ~$50 million in annual NFL earnings is certainly nice, but the bigger impact will come from investing.
