His contract has been restructured twice since,

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08 million. On July 6, 2020, Mahomes signed a ten-year extension on his original contract worth $477 million with an additional $26 million in potential bonuses – making a total of $503 million he’ll earn through the 2031 season. but the restructuring doesn’t mean he earns less from his original contract. Instead, it alters how and when he receives the money. By converting his roster bonus into a signing bonus, the Chiefs spread the payment over the remaining years of his contract.


The second restructuring in 2023 was so that Mahomes is paid $210.6 million of italy mobile phone numbers database the deal between 2023 and 2026, or about $52.65 million a year. Based on the latest restructuring, Mahomes is expected to earn about $44.5 million in 2024, $50 million in 2025 and $56.75 million in 2026. In the past years, he’s earned the following amounts: 2021: $22.8 million (a salary cap of $7.433 million plus his roster bonus and a portion of the signing bonus from his 2020 contract) 2022: $29.


45 million 2023: $52.65 million after the second restructuring Lastly, if Mahomes is expected to earn $44.5 million this year and we are currently in October, he’s likely earned around $37 million so far in 2024. All of this would indicate that, to date, Patrick Mahomes has earned approximately $121.32 million from his NFL contracts alone. His half-a-billion contract will add $361.1 million to his net worth by 2031. Philanthropy In April 2019, Mahomes established a nonprofit organization called the 15 and the Mahomies Foundation.