Patrick Mahomes explains how he decided to buy two Rolls-Royce models; His net worth is set at $70 million

Kansas City Chiefs star quarterback Patrick Mahomes is not only one of the most successful athletes but also one of the wealthiest. With a net worth of $70 million, he has become a three-time Super Bowl champion and MVP, as well as a celebrity endorser for brands such as Hunt’s.

Mahomes, who loves cars, particularly Rolls-Royces, credited his $450 million contract with the Kansas City Chiefs for allowing him to purchase two models of the British ultra-luxury marque. He shared his passion for cars during a recent interview with YouTubers Logan Paul and Speed on Thursday’s episode of Impaulsive. “I just got a bonus and I was like ‘Oh I got a bonus, let’s go.’ The plan was, I have a Cullinan,” Mahomes revealed.

“I was supposed to trade that in so I thought the price of the trading wasn’t that bad. And then when I got it [Spectre] I decided I didn’t want to give it [Cullinan] back so now I got both.” Patrick Mahomes penned a historic 10-year contract worth $450 million in 2020. The deal guaranteed Mahomes an average of $45 million per season until 2031, with no ceiling on his earnings and a minimum of $41 million per season.

However, in September 2023, Mahomes and the Chiefs restructured his contract after several other high-profile quarterbacks signed deals with higher annual values. The new agreement, spanning from 2023 to 2026, was valued at $210.6 million. As a result, the annual average value of Mahomes’ contract increased to $52.65 million.