Kansas City Chiefs star quarterback Patrick Mahomes just won his second MVP and his second Super Bowl, along with a second Super Bowl MVP. In just about half a decade, Mahomes has already established himself as a future Hall of Famer and one of the best quarterbacks of all time. In this specific post, though, we’re looking at Patrick Mahomes’ net worth in 2023.Thanks to information publicly available, we know that Patrick Mahomes’ net worth in 2023 is roughly $50 million, per Celebrity Net Worth. Obviously still relatively young in his career, this number should grow exponentially year over year as he racks up successes and even more accolades.
Mahomes is tied to the Chiefs for a long time thanks to a 10-year, $503 million extension he signed in 2020. Of course, while that is a huge number, Mahomes is totally worth it. Since he took over as the starter, Kansas City has made it to the AFC Championship Game every single year (five times) and has made the Super Bowl three times, with a 2-1 record to his name after a Super Bowl 57 win over the Philadelphia Eagles. We’re talking dynasty territory for this Chiefs team.
Patrick Mahomes’ journey to two-time NFL MVP winner and Super Bowl fixture is impressive. Born in Tyler, Texas, in 1995, his dad Patrick Mahomes Sr. played professional baseball for over a decade. The younger Patrick also played baseball growing up and probably could have gone pro (he was even drafted in 2014), but he chose football instead and wound up going to Texas Tech to play quarterback.
Mahomes wasn’t a blue-chip recruit when he signed on with the Red Raiders, but he soon blossomed into a college star and played three seasons in Lubbock. In the 2017 NFL Draft, a number of teams passed on him early before the Chiefs came calling at No. 10 after they traded up with the Buffalo Bills. Needless to say, Kansas City is happy with how things worked out given it looks like Mahomes is an all-time great.
In regards to his non-football money-earning operations, Patrick Mahomes is very prevalent across the spectrum for brand endorsements, having secured lucrative contracts with the likes of Adidas, Oakley, State Farm, EA Sports, Hunts, Head and Shoulders, and Proctor & Gamble, as well as local brands and companies like Community America Credit Union and Airshare, a private jet company.
Exclusivity is a very valuable asset that only a select few athletes are able to capitalize on in their athletic careers, and Patrick Mahomes has reached that step where he falls into that category now.
For the deal that Patrick Mahomes has with Oakley, he is the first NFL player to have signed a deal with Oakley, as he is the face of the brand’s Prizm optics line and the “See it in Prizm” campaign, according to Yahoo News.
In a Bloomberg piece that came out shortly after the Chiefs secured their first Super Bowl title since 1970, an advertising executive said that Patrick Mahomes could easily bring in “as much as $7 million a year in additional endorsement income” thanks to the win. According to Forbes, he added an equity deal with BioSteel Sports Nutrition after winning the Super Bowl to cap off that 2020 campaign.