Published 09:36 IST, July 8th 2020
Patrick Mahomes net worth: How much is the record-breaking NFL star valued at?
Kansas City Chiefs have tied down quarterback Patrick Mahomes to a 10-year contract extension with $503 million. Here's a look at the Patrick Mahomes net worth.
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2018 NFL MVP and Super Bowl LIV MVP Patrick Mahomes signed a record-setting contract extension worth $503 million with Kansas City Chiefs this week. Patrick Mahomes 10-year deal is by far richest contract in NFL history and contract extension ties him to franchise through 2031 season. Mahomes was drafted by Chiefs in 2017 as .10 overall pick and has quickly made giant strides in NFL, helping Kansas City Chiefs win ir first AFC Championship game before ending ir 50-year Super Bowl drought last year. Here's a look at Patrick Mahomes net worth, Patrick Mahomes 10 year deal and Patrick Mahomes contract details.
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Patrick Mahomes net worth: Patrick Mahomes contract details
According to Patrick Mahomes contract details obtained by NFL Network, 25-year-old is set to earn $477 million in guaranteed mechanisms, with an additional $25 million in incentives. Patrick Mahomes 10 year deal reportedly includes a -trade clause and includes a $140 million injury guarantee. 25-year-old can opt-out of his contract only if certain guaranteed mechanisms aren't exercised by Chiefs.
deal includes langu that does t tie quarterback's salary to NFL salary cap. Furrmore, Patrick Mahomes 10 year deal makes Chiefs star first half-a-billion-dollar player in sports history.
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Also Read: Patrick Mahomes Girlfriend Takes Dig At People Who Find Kneeling Disrespectful To USA Flag
Patrick Mahomes net worth: How much is Patrick Mahomes worth?
According to Celebrity Net Worth, Patrick Mahomes net worth figure can be approximately valued around a staggering $30 million. Much of Patrick Mahomes net worth comes from his Kansas City Chiefs contract from which was earning only $555,000 a year as a rookie. However, that figure is set to change to $645,000 after Patrick Mahomes 10 year deal, which could see Patrick Mahomes net worth rise exponentially. Patrick Mahomes 10 year deal will see quarterback have richest valued contract in American sports, outclassing 12-year, $426.5 million contract signed by Los Angeles Angels' Mike Trout in 2019.
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Also Read: Richest NFL Contract: Patrick Mahomes' $503m Extension Dwarfs Russell Wilson's $140m Deal
DISCLAIMER: above information on Patrick Mahomes net worth and Patrick Mahomes contract is sourced from various websites and media reports. This website does t guarantee 100% accuracy of figures.
Also Read: LeBron James Congratulates Patrick Mahomes On His Mammoth $503 Million Contract Extension
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(Im Courtesy: Kansas City Chiefs Instagram)
09:36 IST, July 8th 2020