Patrick Mahomes Net Worth. They are clearly confident that he can perform at a high level into his mid-30s. It easily surpasses the $426.5 million deal that Los Angeles Angels superstar Mike Trout signed last year. Salary and Contracts: In 2017 when he first joined the NFL, Patrick signed a four year deal with the Chiefs that was worth a total of $16.2 million. You can also choose to be emailed when someone replies to your comment. The existing Open Comments threads will continue to exist for those who do not subscribe to Independent Premium. Odell Beckham Jr. let info slip, LeBron James gets ripped by former Warriors champion Marreese Speights, Lakers’ Anthony Davis accidentally reveals free agency plan on IG Live (in locker room), Anthony Davis posts first Instagram message after winning NBA title, Chargers’ Justin Herbert’s 4th TD vs Saints, 64-yard bomb to Mike Williams, breaks late tie, Saints’ Drew Brees’ 41-yard TD pass to Jared Cook ties game vs Chargers, VIDEO: Lakers bench goes bonkers after Tyler Herro badly misses Shaqtin-worthy floater, Lakers’ Rajon Rondo busts out spin-o-rama move in throwback start to Game 6 of the NBA Finals, Colts’ Isaiah Rodgers breaks off 101-yard kickoff return for TD vs Browns. Besides receiving $503 million in total, Mahomes is getting some favorable details in his contract. Who Owns the Kansas City Chiefs And How'd They Earn Their Fortune? His deal has a $140m (£110m) injury guarantee, but does not include a trade clause, despite featuring other ways for the Chiefs to opt out. Patrick Mahomes net worth and salary: Patrick Mahomes is an American professional football player who has a net worth of $30 million. The reigning Super Bowl MVP will have the opportunity to opt-out at specific points in his deal. Create a commenting name to join the debate, There are no Independent Premium comments yet - be the first to add your thoughts, There are no comments yet - be the first to add your thoughts. Skyler Carlin; July 6, 2020 . You can use this formula to calculate Present Value: Let’s look at the details of Mahomes’ contract based on sportrac.com: With a little bit of Excel magic, it’ll become like this: Albeit having everything self-explanatory, let’s have some assumptions before we calculate the Present Value: Based on the assumptions above, we can calculate the Present Value of Patrick Mahomes’ mega-contract as below: Based on the model simulation above, the minimum Present Value of Patrick Mahomes’ contract is $387.36 million, with the contract’s initial value of $479.6 million. Partner of iOne Digital / Cassius Network. Lastly, to put the icing on the cake, Kansas City gave Mahomes a no-trade clause — giving him the ability to deny any trade the Chiefs would involve him in. Copyright © ClutchPoints. Kansas City Chiefs quarterback Patrick Mahomes has revealed that his physical exercise outside of American football is now limited after signing the biggest contract in NFL history. He studied alongside his siblings at the Whitehouse High School. Patrick Mahomes contract details. “I’m sure baseball is not going to be allowed as well. Chicago Bears linebacker Khalil Mack is behind Mahomes and Ryan - a six-year deal worth $141 million, followed by Russell Wilson (a four-year, $140 million deal). In January 2020 Patrick and the Chiefs won the AFC Championship which sent them to Super Bowl LIV, the team's first Super Bowl appearance in 50 years. There is an important note to make, however. Some people questioned why Mahomes would sign the 10-year, $450 million deal when the news first broke. A fresh take on sports: the biggest news and most entertaining lists. He played quarterback at Whitehouse High School where he also played baseball and basketball. Patrick Mahomes’ $450m mega-contract means he can’t do ‘pretty much every physical activity’ Kansas City Chiefs quarterback signed biggest deal in NFL history earlier this month Patrick Mahomes net worth and salary: Patrick Mahomes is an American professional football player who has a net worth of $30 million. Trout surpassed Harper with the $426.5 million deal weeks later. Please be respectful when making a comment and adhere to our Community Guidelines. In 2020, Patrick Mahomes net worth is valued to be $30 million. I can go out there and be the person I am on and off the field and have that trust and belief in me the whole time.”. They're not going to sign for anything close to $503 million, but Mahomes completely reset the quarterback market here, and those two quarterbacks can easily command $40-million plus annually on their next contracts. He was drafted #10 overall by the Kansas City Chiefs in 2017. Future cash flows are discounted at the discount rate, and the higher the discount rate, the lower the Present Value of the future cash flows. Patrick Mahomes net worth and salary: Patrick Mahomes is an American professional football player who has a net worth of $30 million. He played for Texas Tech before being drafted as … Please continue to respect all commenters and create constructive debates. This will easily outvalue Eli Manning’s career earnings of $252.3 million. by. The #Chiefs and QB Patrick Mahomes have agreed to terms on a 10-year extension worth $503 million, sources tell me and @TomPelissero. On Friday, the sports world was taken aback when it was revealed that the Chiefs were going to give Mahomes a 10-year extension. The $503 million deal isn't completely guaranteed; Mahomes is going to have to play at a high level and stay healthy in order to receive every penny. Mahomes' super extension is the richest contract ever for a professional athlete in any sport. He has an estimated net worth of $15 million as of October 2020. NFL commissioner apologises for 'not listening' over racism, Patrick Mahomes’ $450m mega-contract limits his physical exercise, Mahomes battles back to be named Super Bowl LIV MVP, Chiefs quarterback Mahomes signs record-breaking $450m contract, You may not agree with our views, or other users’, but please respond to them respectfully, Swearing, personal abuse, racism, sexism, homophobia and other discriminatory or inciteful language is not acceptable, Do not impersonate other users or reveal private information about third parties, We reserve the right to delete inappropriate posts and ban offending users without notification. Mahomes’ new record-breaking 10-year contract with the Kansas City Chiefs would see the top star earn up to $503 million if he does take it to the end. The 24-year-old added that the new deal will not change his outlook on the sport and will only positively affect his performances. Pat played baseball professionally as a Pitcher.

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