If you dislike Patrick Mahomes or his family right now, he is about to give you even more reason to hate him.
The Kansas City Chiefs QB is set to make some more history as the NFL’s first billionaire. He’s going to make $503 million from NFL money, plus make even more cash in business moves with his endorsements.
Of his many endorsements, he has Bose, Panini, Directv, Adidas, State Farm, and Electronic Arts. Not only that, the Super Bowl champ bought a $10 million stake in the Kansas City Royals and has a stake in Sporting Kansas City, which is the city’s MLS team.
Andrew Petcash, a former Boston University hooper, laid out how Mahomes positioned himself to become the NFL’s first prospective billionaire player.
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After winning Super Bowl LIV, the Chiefs signed Mahomes to a ten-year, $503 million contract, making Mahomes the highest-paid player in NFL history.
According to Petcash, “Mahomes makes over $22M/year from endorsements,” which include deals with brands like Adidas, Oakley, Bose, EA Sports, and DirectTV.