What is Patrick Mahomes' net worth? Chiefs quarterback signed 10-year extension worth over $500 million

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What is Patrick Mahomes' net worth?

The net worth of Patrick Mahomes stands at a massive $40 million, according to Celebrity Net Worth. One of the highest-paid athletes in the world, the talented NFL quarterback started proving his skills on the ground from the very beginning of his career.

Some of his career highlights include NFL records for most touchdown passes thrown through first three career games, most touchdown passes thrown through first two games of a season, most touchdown passes thrown through first three games of a season and youngest quarterback to throw for six touchdowns in a game.

Interestingly, in January 2020, Patrick and the Chiefs won the AFC Championship which sent them to Super Bowl LIV, the team's first Super Bowl appearance in 50 years.

With skills comes money and the same happened with Mahomes. His first contract with NFL made him a total of $16.2 million in 2017. According to Sporting News, he signed a10-year extension with the Chiefs in July 2020, which was just the fourth year of his rookie contract.

According to reports, if Mahomes meets all the incentives of that deal, then he will pocket a whopping $503 million which is the richest contract in American sports history and second internationally only to Lionel Messi’s four-year, $674 million contract with FC Barcelona. According to Celebrity Net Worth, he is the first half-billion-dollar athlete in sports history.

Here’s how Mahomes earned in 2020 according to his contract:
Each pass: $16,501.52
Each completion: $24,602.28
Each passing touchdown: $25,7738.10
Each snap: $9,495.61
Each game: $636,764.71
Each win: $676,562.50

Patrick Mahomes' luxurious mansion 

Patrick Mahomes’ house is as lavish as it can get. The Chiefs quarterback lives in a stunning mansion in an exclusive Kansas City suburb with his high-school sweetheart Brittany Matthews. According to The Sun, Mahomes’ swanky pad is valued at $2 million and is sprawled across 4,343 square feet. The magnificent 1.4-acre pad was built in 1953 and he apparently invested in it after bagging his deal with NFL. He bought the beautiful property in February 2019.