Patrick Mahomes Is Using His $503 Million Contract For the Next Generation and His Future Teammates

When Patrick Mahomes signed a 10-year extension worth $503 million in 2020, he didn’t only finalize the largest contract in NFL history. The Kansas City Chiefs’ star quarterback potentially set his family up for life.

Between his contract and plenty of endorsements, Mahomes has no shortage of money hitting his bank account each month. But no one can ever accuse the fifth-year quarterback of keeping the cash to himself.

Patrick Mahomes is partnering with USA Football to help players and coaches

Kansas City Chiefs quarterback Patrick Mahomes in 2020.
Kansas City Chiefs quarterback Patrick Mahomes is using his $503 million contract to help young football players and coaches | Mark Brown/Getty Images

Mahomes is here to see the next generation of football players and coaches thrive by any means necessary. Hopefully, he’ll keep that in mind if one of them ends up replacing him on the Chiefs one day.

According to the Associated Press, Mahomes and USA Football will host three youth football coaching clinics across Missouri this summer. Elsewhere, his 15 and the Mahomies Foundation provided grants to 15 youth football leagues in the area. The grants are worth $2,000 each.

In a press release, Mahomes explained why he’s financially and emotionally invested in helping aspiring players and coaches fulfill their dreams.

“Smart coaching can make a lasting and positive impact on kids and their sports development. I’m happy to partner with USA Football to support healthy football practices for coaches and youth athletes across the K.C. region.”

Patrick Mahomes

The first clinic is free to youth football coaches and is scheduled for July 27 in Olathe, Kansas. A second will take place four days later in Webb City, Missouri. The third and final clinic is scheduled for August 7 in Kansas City.

Given that Mahomes only turns 26 in September, the possibility exists that he may one day share a locker room with those young players. At least, the Chiefs should certainly hope he makes it to that point. So long as Mahomes is healthy and working magic, the Chiefs should always be a threat to win the Super Bowl.

Mahomes has already made some smart decisions with his money

Mahomes deserves credit where it’s due. Even before he signed that massive extension in 2020, he’s spent countless hours and energy trying to better his adopted region.

The star quarterback officially bought a minority interest in the Kansas City Royals. Unfortunately for the Royals, they held a 36-50 record at publication and appeared destined to miss the MLB postseason for a sixth straight season.

Not to be outdone, his wife, Brittany, is a part-owner of the Kansas City franchise in the National Women’s Soccer League. However, Kansas City held an 0-6-3 record at publication. Maybe there already exists such a thing as the Mahomes Ownership Jinx.

The 15 and the Mahomies Foundation have invested hundreds of thousands of dollars in the local community since 2019. The organization recently founded the renovation of Martin Luther King Jr. Park, which is located 5.5 miles west of Arrowhead Stadium.

Mahomes and the Chiefs remain odds-on favorites to win Super Bowl 56


Michael Jordan, Naomi Osaka, and Patrick Mahomes are All Investing in a Sports Streaming App That Could Revolutionize Watching Live Sports

Mahomes has money, a family, and a Super Bowl ring. By all accounts, he’s accomplished at age 25 what players in their mid-30s are still trying to have before they retire.

Expectations remain high for the two-time defending AFC champions. According to Odds Shark, the Chiefs have +500 odds (bet $100 and win $600) to win Super Bowl 56. Tom Brady and the Buccaneers are right behind them at +650.

The Chiefs open the 2021 season against Baker Mayfield and the Cleveland Browns on September 12. Considering that anything short of a fourth straight appearance in the AFC Championship Game will be widely considered a failure, Mahomes and his teammates certainly have their work cut out for them in 2021.

Even if the Chiefs don’t make it back to a third straight Super Bowl, expect those players and coaches from the clinics to be cheering the All-Pro quarterback on throughout the season. He’s more than earned their love and admiration at this point.

Betting odds courtesy of Odds Shark as of July 8, 2021. How to get help: In the U.S., contact the National Council on Problem Gambling helpline at 1-800-522-4700.