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Patrick Mahomes Is Investing in F1—Here's His Net Worth

The two-time Super Bowl MVP is🎉 invested in several sports teams anꦺd a fast-food chain.

Patrick Mahomes

Perry Knots / Getty Images

Ka𓂃nsas City Chiefs quarterback Patrick Mahomes i🌟s getting into Formula 1.

Earlier this month, Mahomes joined a group of investors backing F1 team Alpine, including fellow Chiefs player Travis Kelce, and champion golfer Rory McIlroy. The group is led by private investment firm Otro Capital, which announced a 200 million euro (about $211 million) investment in Alpine F1 in June 2023, along with other investors including actor 澳洲幸运5开奖号码历史查询:Ryan Reynolds and 澳洲幸运5开奖号码历史查询:Rob McElhenney.

This isn't Mahomes' first venture into sports teams—the two-time Super Bowl MVP is invested in a Major League Baseball team and a soccer team among other investments. Mahomes has a net worth of $70 million, according to Celebrity Net Worth, thanks to earning millions on and off the field.

Key Takeaways

  • Patrick Mahomes joined a group of investors backing Formula 1 team Alpine, along with fellow Chiefs player Travis Kelce, and champion golfer Rory McIlroy.
  • Mahomes has a net worth of $70 million, according to Celebrity Net Worth.
  • He earned $29.45 million for the 2022 NFL season, according to Spotrac.
  • Mahomes is invested in the MLB team Kansas City Royals, and women's soccer team Kansas City Current, as well as a few sports wellness companies, among others.

Mahomes' NFL Salary

A two-time National Football League MVP, Mahomes earns millions from his career as a star quarterback of the Kansas City Chiefs. In 2020, Mahomes signed a 10-year, $450 million contract extension with the Chiefs through 2031.

In September 2023, Mahomes' contract with the Chiefs was restructured, and the new contract will pay Mahomes a guaranteed $210.6 million between 2023 and 2026, the most a player has been paid in a four-year span, according to the NFL.

Mahomes earned $29.45 million for the 2022 NFL season, according to Spotrac. With the restructured contract, the 28-year-old quarterback is expected to make $56.85 million for the 2023 season, according to AP News.

Mahomes' Investments and Businesses

Outside of the NFL𒅌, Mahomes has a series of sports i♊nvestments, brands, and businesses that make him millions.

Mahomes has made an estimated $20 million from endorsements in 2022. Mahomes has had endo♌rsement deals with Adidas, State Farm, Oakley, Nestlé, and DirectTV, among others.

Mahomes has a 1% stake in Major League Baseball team Kansas City Royals. The team is valued at $1.2 billion, according to Sportico. Mahomes is also invested in the Kansas City Current, a professional women's soccer team.

Besides sports teams, Mahomes is invested in sports recovery and wellness compani🔯es, too.

Mahomes has a stake in Whoop, a wearable fitness tracker that was valued at $3.6 billion as of 2021. The quarterback is also invested in Hyperice, a company that makes massage guns and hot and cold therapy devices for sports recovery. Hyperice had a valuation of $700 million as of 2020 and got $100 million in capital from an investment firm in July 2023.

Mahomes is also invested in KMO Burgers, an expansion venture by Texas fast-food chain, Whataburger. A Texas native, Mahomes helped open the first Whataburger location in Kansas City in 2022.

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  1. Business Wire. "."
  2. Celebrity Net Worth. "."

  3. NFL. "."

  4. Spotrac. "."

  5. AP News. "."

  6. Barron's. "."

  7. Sportico. "."

  8. Reuters. “.”

  9. Sports Business Journal. "."

  10. KMO Burger LLC. "."

  11. WFAA. “'.”

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