Patrick Mahomes Has Big Plans For Spending His Millions

The money flying around at the top levels of world sport is enough to blow anyone’s mind. That’s why the net worth of NFL superstar Patrick Mahomes — the highest-paid sports star in history — is so especially stunning. You’d think that someone with so many millions in the bank could do literally anything, but you may be surprised by some of the ways that the Super Bowl star has chosen to spend it.

Joining the Kansas City Chiefs

The year 2017 saw Patrick Mahomes join the Kansas City Chiefs, who made things official with a four-year contract. This was worth $16.42 million, with Mahomes netting a $10 million bonus just for giving his signature. He didn't know it then, but it was this first contract that put him on the road to greatness.

In 2018 he became the team’s starting quarterback. He also matched a record set by another iconic player — Tom Brady, no less — by starting the season with two consecutive Player of the Week awards. But that's where the comparisons between Mahomes and Brady end. You see, in 2020, Mahomes signed a contract that could eventually make him even more valuable than the G.O.A.T.

The history-making deal

Mahomes made history in July 2020 when he became the first athlete — from any sport — to sign a deal worth over half a billion dollars. Assuming everything goes to plan, his ten-year extension with the Kansas City Chiefs will see him earn $503 million. It’s an eye-watering amount of money, but here’s the thing: nobody questioned it. Not the fans. Not NFL insiders. Nobody.

At the time, Mina Kimes of ESPNs Highly Questionable, said, “That’s what I love about this whole topic and story, is how unimpeachable Pat Mahomes is... Everybody agrees he’s the best.”