How Patrick Mahomes Spends Half A Billion Dollars

[Music] [Applause] [Music] he's about to earn nearly 50 million dollars per year and he's only just turned 25. with that much cash coming in you'd expect us to be focusing on a silicon valley tech genius or a high level ceo but nope not today our man in question is none other than the kansas city chief's starting quarterback patrick mahomes the dynamic athlete recently signed a colossal 10-year contract extension worth up to a reported 503 million dollars offloading that money is no easy task it requires enormous houses fast cars luxurious vacations and a heck of a lot of charitable donations but our dear patrick has managed to spend big move over tom brady as we take a look at exactly how the young superstar is splashing his cash the all-star quarterback has been racking up milestone after milestone he's just turned 25 he's just become the youngest player to win the mvp award since dan marino did it in 1984 and as the fruits of his labor he just purchased his first home scratch that this is no home this is a mansion patrick shares the space with better half and high school sweetheart brittany matthews let's take a quick tour inside shall we the 3759 square foot home is located in a private upscale community in the heart of kansas city with an asking price of 1.9 million it's not quite as expensive as some of the typical celebrity mansions we've seen but remember square footage comes a lot cheaper out in the midwest the same size property in beverly hills would go for over 4 million dollars while in the concrete jungle of manhattan where space is even more difficult to come by you'd go for 5 million plus so you could say that pat scored somewhat of a bargain built in 1953 the renovated three-bedroom house comes with an enormous backyard perfect for the chief to practice his throws and with enough room for steel and silver to run around it also features a chef's kitchen and a stunning open floor plan designed by expert interior designer marcy noff while patrick was happy to sit back and let brittany and marcy spearhead the design there was one particular feature that the athlete insisted on this 100 avant-garde canvas which acts as a statement piece over the fireplace despite being built nearly 70 years ago the modern home has been fully decked out with state-of-the-art technology every morning pat's daily schedule is read out loud to him by his google assistant who needs a real assistant when you can have a virtual one right at the touch of a button he can also control the house lighting music and home security system fortunately the home boasts a massive garage which means plenty of room to store his seriously impressive set of wheels while the mahomes mansion is relatively modest his car is not if you cashed in on a half billion dollar contract extension you could easily afford your dream car probably 100 of them to be fair so which would you choose for the right armed magician the answer is a ferrari 812 superfast the company calls it the most powerful and fastest roadworthy ferrari ever built might as well go all out right packing a roaring v12 engine with 788 horsepower this slick beast is capable of reaching 62 miles per hour in less than three seconds with a hair raising top speed of miles per hour seriously this piece of automotive art has adrenaline machine written all over it what about the cost well the 2020 model starts at 338 000 you know what that means if patrick spent every penny of his 503 million dollar contract extension on these supercars he'd have exactly 1 million 488 165 of them sitting in his garage that's insane when you think about it most people would give anything just to have one of these bad boys as it stands the 11 highest paid players in the nfl are all yep you guessed it quarterbacks at number 11 former new england patriot jimmy garoppolo now rakes in an average 27.5 million per year for the san francisco 49ers names like dak prescott jared goff and aaron rodgers earn even more but it's ben roethlisberger for the steelers who holds claim to being the third highest earner in the sport making an average of 34 million just edging him out is the seahawks russell wilson who brings in 35 million a year of course now officially the highest paid player in the league is none other than patrick mahomes whose salary blows everyone else's out of the water the texas tech university graduate now makes a colossal average of nearly 50 million per year with a 10 million dollar signing bonus to sweeten the deal that's basically double what tom brady was being paid in 2019 for the patriots mahomes immaculate salary surpasses not only his football peers but the majority of the highest paid athletes on the planet for comparison lebron james only makes around 38 million dollars not including all the endorsements while arguably the world's most exciting young soccer star kylian mbappe is currently earning 33.8 million dollars while they might have glowing reputations around the world imbape and lebron can't say they boast partial ownership of the kansas city royals baseball team you know who can patrick mahomes pat's decision to focus on football certainly paid dividends however his baseball ties run deep as well his father is a former pitcher and had the quarterback not gone down the nfl path baseball was very much on the agenda the specific details of the deal have been shrouded in mystery but mahomes would have forked out big money that's for sure based on former investor valuations of the team purchasing one percent of the royals would cost the chiefs quarterback around 10 million dollars purchasing 10 percent would cost 100 million and so on if he does ever choose to become a major stakeholder with say a 40 ownership that means he'd need to cough up a whopping 400 million dollars while the reigning super bowl mvp has splurged on a nice house a jaw-dropping supercar and his very own baseball team he's also kind enough to put his money to good use mahomes has little time to spare however he graciously offers to use some of that time to benefit the community recently the nfl's most expensive player has been working with the veterans community project a kansas city-based organization that supports homeless veterans one of the project's amazing initiatives is to build a community of nearly 50 tiny homes which will help struggling veterans get off the streets and back on their feet mahomes played his role giving up his time and money likely tens of thousands if not more helping to construct some of the first 13 homes back in 2018. on top of that pat also spearheads his very own charity which he established back in 2019 called 15 and the mahomeys the foundation focuses on providing crucial support to underprivileged kids by contributing money and resources to 15 different local youth charities in may of 2020 the mahomes foundation also committed 100 000 to kansas city public lunch programs for struggling families so he's donated hundreds of thousands of dollars so far a number which will likely skyrocket into the millions in the not too distant future however pat doesn't mind buying himself a few treats every now and then for someone who is snapped wearing a thousand dollar royal blue paisley suit with black lapels at the mvp awards and a 3 700 jacket and pants combo for the gq magazine cover the quarterback evidently knows a thing or two about fashion he was even spotted wearing a 47 000 rolex at the chief super bowl victory parade if there's any item pat can't get enough of it's sneakers amazingly pat's admitted he owns around 180 pairs of shoes and that they're an important part of his life the collection features several styles from adidas who have been his sponsor since 2017 plus the pair he rocked during his first photo shoot then there's the game of thrones inspired pair dubbed night's watch ultra boost and plenty more the prize pair however goes to the yeezy boost 750 triple blacks which alone can sell for over two thousand dollars where does he keep them all in a custom shoe room in his house of course but mahomes most expensive accessory purchase wasn't a watch or a pair of shoes it was a ring and we're not talking about the super bowl ring we're talking about this absolutely stunning 8 to 10 carat emerald cut diamond engagement ring which he gave to his beloved britney at the chief's super bowl ring ceremony ironic the ring has been estimated to be worth up to hold on to your hats people eight hundred thousand dollars the couple began dating as teenagers in texas and even went to prom together in 2013. cute admit it it's cute their lives have changed a heck of a lot since then though no doubt about it with cash coming in from all directions patrick and his partner have been able to jet set around the world to their heart's content the pair were snapped cozying up on a luxury boat during a post-super bowl celebration in cabo san lucas they've also shelled out trips for cash to hawaii disney world and for a more local vacation lake of the ozarks fortunately for the all-star athlete his wallet is fat enough that he doesn't have to fly to these places in cattle class like the rest of us mahomes has access to a private jet for whenever and wherever he wants must be nice eh it's all thanks to his endorsement deal with airshare without which he'd be spending thousands of dollars per hour in the sky even though the multi-award-winning youngster has already spent a few million on a house car charity donations a stake in the kansas city royals luxury vacations and a truckload of shoes the reality is he's barely even made a dent in his astronomical contract so for a bit of fun let's see what he could do with the rest of his money for starters he could buy chief season tickets at the 50-yard line every season for the next few thousand years about 100 a pop he could deck out his wardrobe with 5 million of his own chiefs jerseys too he's already got a baseball team so if he's looking to expand his sport portfolio further into hockey then any of these nhl franchises are worth less than 500 million dollars or if mahomes can't get enough of the speed of his ferrari and wants to take it to the next level the most expensive and one of the fastest fighter jets on the planet the f-22 raptor is up for grabs for just 350 million dollars that means there'd be plenty of room left over to buy a couple of private islands in the bahamas to host the next super bowl party if patrick mahomes gave you a million bucks how would you spend it let us know in the comments below don't forget to like and subscribe and have a great day catch you next time

Channel: TheRichest

Views: 2,016,355

Rating: 4.8821678 out of 5

Keywords: the richest, Patrick Mahomes, quarterback, contract, NFL, football, richest athletes, athlete, Pat mahomes, chiefs, kansas city chiefs, salary, making money, spending money, spent millions, famous millionaire, famous billionaire, most expensive

Id: ljc6lQiCP_Q

Length: 10min 11sec (611 seconds)

Published: Sat Sep 19 2020