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Patrick Lavon Mahomes II was born on September 17, 1995, in Tyler, Texas. His father was an MLB pitcher. Therefore, Mahomes grew up around professional sports. He played baseball and football at Texas Tech University. Moreover, he set multiple passing records there.
The Kansas City Chiefs drafted him 10th overall in 2017. He became the starting quarterback in 2018. Since then, his career has been remarkable. He has won three Super Bowls (LIV, LVII, LVIII). Furthermore, he has earned three Super Bowl MVPs and two NFL MVPs (2018, 2022). As of 2026, Mahomes remains in his prime. In fact, many experts call him the best quarterback of his generation.
Mahomes earns about $100 million annually from all sources. His NFL salary is a big part of this amount. However, his off-field earnings are also significant.
In 2020, Mahomes signed a 10-year, $503 million contract extension. This was the largest contract in sports history at that time. For the 2026 season, his base salary is about $45 million. Additionally, he receives roster bonuses and incentives. His total NFL earnings for the year reach $55–60 million.
Mahomes’ contract includes several parts. Firstly, his base salary is $45 million. Secondly, he gets a $10 million roster bonus. Thirdly, there is a $1 million workout bonus. Finally, performance incentives add up to $5 million. His contract runs through 2031. Moreover, $210 million is guaranteed at signing.
Mahomes has many endorsement deals. For example, he works with Adidas. This deal is worth about $10 million per year. Similarly, his State Farm partnership earns him $7–10 million annually. Other partners include Oakley, Hy-Vee, Essentia Water, Bose, Coors Light, BioSteel, and Walmart. In total, his annual endorsement income is $25–30 million.
Mahomes has made several smart investments. For instance, he owns a minority stake in the Kansas City Royals (MLB). Additionally, he is a co-owner of the Kansas City Current (NWSL). He also invested in the Alpine F1 Team in 2023. Furthermore, he owns multiple Whataburger franchises in Kansas and Missouri. His other investments include Fanatics, Whoop, and crypto platforms.
This foundation focuses on helping children. Specifically, it supports health, wellness, and education. The foundation has donated millions to local schools. Moreover, it supports youth sports programs and hospitals.
Giving back to the community is important to Mahomes. Therefore, he started the 15 and the Mahomies Foundation. Through this foundation, he has helped many children. For example, he has donated to schools in Kansas City. He has also supported youth football programs. Additionally, he has contributed to local hospitals.
Mahomes has achieved many records at a young age. Here are the most notable ones:
Mahomes plans to play through his current contract. This means he will stay with the Chiefs until 2031. After that, he wants to win 5 or more Super Bowls. Additionally, he hopes to become a team owner one day. Furthermore, he will continue expanding his business portfolio. For example, he plans to open more Whataburger franchises.

Mahomes owns several luxury cars. However, his collection is modest compared to other athletes. His cars include:
Mahomes owns multiple properties. For example, he has a $4 million mansion in Kansas City, Missouri. This home has 6 bedrooms, a pool, a home theater, and a golf simulator. Additionally, he owns a $2 million second home in Kansas City, Kansas. He also has a $1.5 million property in Texas near his hometown.
Mahomes does not own a private jet. However, he frequently charters one for travel. Moreover, he has a partnership with a private aviation company. This gives him discounted rates.
| Quarterback | Net Worth 2026 | Contract Value |
|---|---|---|
| Patrick Mahomes | $300–350M | $503M |
| Joe Burrow | $150–200M | $275M |
| Josh Allen | $120–150M | $258M |
| Lamar Jackson | $100–120M | $260M |
As shown above, Mahomes leads all NFL quarterbacks in both net worth and contract value.
There are several reasons for Mahomes’ wealth. Firstly, his $503 million contract is the largest in sports history. Secondly, he earns $25–30 million yearly from endorsements. Thirdly, his investments in sports teams and franchises are growing in value. Finally, he is only 30 years old. Therefore, he has many years of high earnings ahead of him.
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Q: What is Patrick Mahomes net worth in 2026?
A: His net worth is approximately $300–350 million.
Q: How much is Mahomes’ NFL contract worth?
A: He signed a 10-year, $503 million contract in 2020.
Q: How much does Mahomes earn from State Farm?
A: He earns approximately $7–10 million per year from State Farm.
Q: Does Mahomes own any sports teams?
A: Yes, he owns stakes in the Kansas City Royals (MLB), Kansas City Current (NWSL), and Alpine F1 Team.
Q: What is Mahomes’ most expensive car?
A: His most expensive car is the Ferrari Monza, worth $1.8 million.
Q: Is Mahomes the highest-paid NFL player?
A: Yes, he has the largest contract in NFL history. Some quarterbacks have higher annual averages, but none have a $500M+ total deal.
Q: How old is Patrick Mahomes in 2026?
A: He is 30 years old (born September 17, 1995).
Q: How many Super Bowls has Mahomes won?
A: He has won three Super Bowls (LIV, LVII, LVIII).