Updated June 18th, 2021 at 17:45 IST
Patrick Mahomes contract breakdown: How much does Mahomes make with the Chiefs?
Patrick Mahomes contract breakdown: Here is an overview of the Kansas City Chiefs star quarterback's salary, contract breakdown and more details.
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Last year, Kansas City Chiefs quarterback Patrick Mahomes created history by signing his $500 million contract extension with the team. The contract ensured his stay with the team – something which many think is beneficial for them even if they lose. Let us take a look at Patrick Mahomes stats, Patrick Mahomes ontract breakdown, Patrick Mahomes salary and other details.
Patrick Mahomes contract breakdown
| YEAR | BASE SALARY | YEARLY CASH |
| 2021 | $990,000 | $22,806,905($33,733,541) |
| 2022 | $1,500,000 | $29,450,000($63,183,541) |
| 2023 | $5,500,000 | $40,450,000($103,633,541) |
| 2024 | $2,500,000 | $37,950,000($141,583,541) |
| 2025 | $2,500,000 | $41,950,000($183,533,541) |
| 2026 | $2,500,000 | $41,950,000($225,483,541) |
| 2027 | $10,000,000 | $59,950,000($285,433,541) |
| 2028 | $13,000,000 | $44,450,000($329,883,541) |
| 2029 | $20,500,000 | $44,950,000($374,833,541)
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| 2030 | $27,000,000 | $50,450,000($425,283,541)
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| 2031 | $38,000,000 | $52,450,000($477,733,541) |
Patrick Mahomes salary this season
This season, the Patrick Mahomes salary is at $22,806,905, with a cap hit worth $7,433,381. He will be earning a base of $990,000, which includes a dead cap worth $99,506,905. His contract includes $477 million in guaranteed money, along with $25 million in incentives. The contract extension also has an injury guarantee of $140 million along with a no-trade clause, as per the Patrick Mahomes contract breakdown.
what a time. ⏰ #Madden22 pic.twitter.com/BpupuKB4e3
— Patrick Mahomes II (@PatrickMahomes)
He was drafted by the Chiefs in 2017 as the No. 10 overall pick. He won the league MVP and the Offensive Player of the Year Award in 2018, throwing for 5,097 yards and completing 50 touchdowns. Last season, the team reached the Super Bowl with Mahomes, only to lose against Tom Brady and the Tampa Bay Buccaneers.
Patrick Mahomes net worth 2021
According to Celebrity Net Worth, the Patrick Mahomes net worth 2021 is at $40 million. While his $503 million contract remains the major source of his income, Mahomes also has sponsors like Adidas and Bose. Furthermore, he also has deals with Essentia Water, DirecTV, Oakley, Hy-Vee. He even had his first Super Bowl endorsement with BioSteel Sports Nutrition, who later signed him.
🐐 x 🐐@TomBrady and @PatrickMahomes are the cover athletes for Madden 22 @brgridiron
— Bleacher Report (@BleacherReport)
(via @eamaddenNFL) pic.twitter.com/lI5tLpeT7Y
Mahomes was also posing with Tom Brady for the latest Madden 22 cover. Mahomes was also on Madden NFL 20 cover. That being said, this is also the first time two athletes are appearing on a cover ever since the Pittsburgh Steelers' Troy Polamalu and Arizona Cardinals' Larry Fitzgerald for Madden NFL 10.
Patrick Mahomes dad
Mahomes' father – Patrick Lavon Mahomes Sr. – is a retired professional baseball pitcher. He played in Major League Baseball from 1992 to 2003, where he played with teams like the Minnesota Twins, Boston Red Sox, New York Mets, Texas Rangers, Chicago Cubs, and Pittsburgh Pirates. He was also overseas in Japan for two season, pitching in Nippon Professional Baseball for the Yokohoma Bay.
(Image credits: Patrick Mahomes Instagram)
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Published June 18th, 2021 at 17:45 IST