How Much Money Does Patrick Mahomes Make Per Second in 2024?

Updated on: October 14, 2024 3:46 am GMT

Have you ever wondered just how fast money can accumulate for today’s top athletes? For Patrick Mahomes, the star quarterback of the Kansas City Chiefs, that question is particularly intriguing in 2024. With an estimated annual salary of $45 million, when you break it down, Mahomes makes approximately $1.42 per second. This fact alone highlights not only his incredible talent on the field but also the staggering financial rewards that come with it. In this article, we’ll dive into Mahomes’ net worth, career achievements, family life, and how he has risen to become one of the most recognized figures in sports today.

Patrick Mahomes: A Brief Overview

Patrick Mahomes has become a household name thanks to his remarkable skills and electrifying performances in the National Football League (NFL). Born on September 17, 1995, in Tyler, Texas, he had an early introduction to sports, thanks to his father, Pat Mahomes, who played in Major League Baseball. Patrick’s athletic upbringing fostered a love for competition that propelled him into a successful football career.

After an impressive college career at Texas Tech University, Mahomes was selected by the Kansas City Chiefs as the 10th overall pick in the 2017 NFL Draft. Since then, he has consistently broken records and achieved milestones, including leading the Chiefs to a Super Bowl victory in 2020. His unique playing style, characterized by powerful throws and impressive improvisation skills, makes him stand out in a league full of talent.

Career Highlights

Patrick Mahomes has already achieved numerous accolades in his relatively short career:

• Super Bowl Champion (LIV)
• Super Bowl MVP (LIV)
• Two-time NFL MVP (2018, 2022)
• First-Team All-Pro (2019)
• Pro Bowl selections (multiple years)

These accomplishments not only underscore his athletic prowess but also enhance his marketability and earning potential.

Breaking Down Mahomes’ Earnings

As of 2024, Patrick Mahomes’ contract continues to be one of the largest in sports history. In addition to his annual salary, he has numerous endorsements that contribute significantly to his overall income.

Salary Structure

Mahomes signed a 10-year contract extension worth up to $503 million in 2020. This deal is not just about football; it showcases Mahomes as a key figure in the sports world. Here’s a breakdown of his earnings:

With these numbers, it’s clear he is a financial powerhouse both on and off the field.

How Much Money Does He Make Per Second?

To understand just how lucrative Mahomes’ earnings are, we can break it down. With an estimated annual earning of $75 million, let’s calculate his per second income:

• Total Seconds in a Year: 31,536,000 seconds (60 seconds × 60 minutes × 24 hours × 365 days)
• Annual Earnings: $75 million

The calculation is straightforward:

Per Second Earnings = Total Annual Earnings / Total Seconds in a Year

Per Second Earnings = $75,000,000 / 31,536,000 ≈ $2.38

This means Patrick Mahomes makes about $2.38 every second while balancing his time between training, games, and endorsements.

Endorsements and Business Ventures

Mahomes’ appeal extends beyond the football field. He has worked with several high-profile brands, significantly boosting his income. Some notable endorsements include:

• State Farm
• Adidas
• Oakley
• Head & Shoulders
• WynnBET

These partnerships provide Mahomes with annual earnings that complement his NFL salary, making him one of the highest-paid athletes globally.

Smart Investments

In addition to endorsements, Mahomes is savvy with his investments. He co-owns the Kansas City Royals, demonstrating his commitment to building wealth outside of football. Mahomes is also known for investing in various tech startups, further diversifying his portfolio. These strategic moves contribute not only to his net worth but also his business acumen.

Net Worthgrowth Over Time

Patrick Mahomes’ net worth has seen impressive growth since he became a professional athlete. Here’s a simplified overview of his net worth trajectory:

The comparison of these values signals Mahomes’ rapid rise in both fame and fortune. His talent, marketability, and business knowledge have proven critical in this impressive growth.

Family Life

Beyond his professional accomplishments, Mahomes leads a fulfilling personal life. He is married to Brittany Matthews, his high school sweetheart. The couple tied the knot in March 2022, and they have a daughter, Sterling Skye Mahomes, born in February 2021.

Their loving relationship showcases a strong family bond, which resonates with many of Mahomes’ fans. The couple often shares moments from their family life on social media, creating a relatable and endearing image for the public.

Personal Philosophy and Community Impact

Mahomes is deeply aware of his impact beyond the sports realm. He is committed to giving back to the community and has launched the 15 and the Mahomies Foundation. This charity focuses on improving the lives of children in need, which reflects his values and personal philosophy.

Through his charitable work, Mahomes aims to inspire and uplift those who might not have the same opportunities he did. This commitment highlights the depth of his character and the way his wealth is used to enact positive change.

Final Thoughts

Patrick Mahomes is not just a phenomenal athlete; he is an inspiring figure who represents what hard work and dedication can achieve. With earnings that grow by the second and a commitment to his family and community, Mahomes’ journey resonates widely. His ability to balance being a superstar and a role model makes him a beloved figure, both on and off the field.

As he grows as an athlete and a person, his story will surely inspire young players in the future. Mahomes shows us that talent, hard work, and kindness can create a lasting impact in today’s sports world.