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

Kansas City Chiefs quarterback Patrick Mahomes is going to be the highest paid player in the NFL this upcoming season and that’s great news for his teammates in particular. Once you get your first million, you start to see the value in having a massive salary, but it’s just as important to keep core players around for future success.

Over the weekend, the Kansas City Chiefs traded up and gave a huge contract to former Texas Tech quarterback Patrick Mahomes, the third-highest paid player in the NFL. The move came as a shock to the NFL community, as being the highest paid player has long been considered a mark of success. But the Chiefs have a different mindset.

When Patrick Mahomes signed a 10-year, $503 million contract in 2020, he didn’t just sign the biggest contract in NFL history. The star quarterback of the Kansas City Chiefs may have prepared his family for life.

Thanks to his contract and various promotions, Mahomes has no shortage of money flowing into his bank account each month. But no one can accuse a five-year-old quarterback of keeping money for himself.

Kansas City Chiefs goalie Patrick Mahomes uses his $503 million contract to help young players and coaches | Mark Brown/Getty Images

Mahomes is here to make sure the next generation of players and coaches thrive with all the resources they need. I hope he remembers that when one of them replaces him with the Chiefs one day.

According to the Associated Press, Mahomes and USA Football will hold three youth football training seminars in Missouri this summer. In addition, His 15 and the Mahomes Foundation have provided grants to 15 youth soccer leagues in the region. The grants are $2,000 each.

In a press release, Mahomes explained his financial and emotional interest in helping aspiring players and coaches achieve their dreams.

A smart coach can have a lasting and positive impact on children and their athletic development. I am excited to partner with USA Football to support healthy football practices for coaches and young athletes across the C.C. region.

Patrick Mahomes

The first course is free for youth soccer coaches and will take place on the 27th. July in Olathe, Kansas. The second will be held in four days in Webb City, Missouri. The third and final clinic is scheduled for the 7th. August scheduled in Kansas City.

Since Mahomes won’t turn 26 until September, there’s a chance he could one day find himself in the same locker room as these young players. The Chiefs should at least hope he makes it. As long as Mahomes is healthy and can work his magic, the Chiefs should still be a threat to win the Super Bowl.

Mahomes has already made smart decisions with his money

Mahomes deserves the credit he is due. Even before he signed that huge extension in 2020, he had put countless hours and energy into improving his area.

The star quarterback has officially purchased a minority stake in the Kansas City Royals. Unfortunately for the Royals, their record when released was 36-50, and they seemed destined to miss the MLB postseason for the sixth consecutive season.

His wife, Brittany, is co-owner of the Kansas City club in the National Women’s Soccer League. Kansas City, however, has an 0-6-3 record in the release. Bad luck may be on the way for Mahomes’ owners.

15 and the Mahomes Foundation have invested hundreds of thousands of dollars in the local community since 2019. The organization recently committed to the redevelopment of the Martin Luther King, Jr. Inset park, located 5 miles west of Arrowhead Stadium.

Mahomes and Chiefs remain favorites for Super Bowl 56

Mahomes has money, a family and a Super Bowl ring. By all accounts, he has accomplished at 25 what players in their early 30s are still trying to do before retirement.

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

The Chiefs open the 2021 season on the 12th. September against Baker Mayfield and the Cleveland Browns. If a fourth AFC Championship Game in a row is not considered a failure, Mahomes and his teammates will certainly have work to do in 2021.

Even if the Chiefs don’t qualify for their third consecutive Super Bowl, you can expect the players and coaches in the bullpen to support the All-Pro quarterback all season. At this point, he has more than earned their love and admiration.

Odds Shark courtesy betting odds on 8. July 2021. How to get help: In the United States, you may contact the National Gaming Council hotline at 1-800-522-4700.

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Frequently Asked Questions

What was Mahomes new contract?

The Chiefs signed Mahomes to a five-year, $25.5 million contract with $24 million guaranteed on March 14, 2018.

What was Patrick Mahomes signing bonus for his new contract?

Patrick Mahomes signed a four-year contract worth $16.2 million with the Kansas City Chiefs on July 27, 2018.

How much money does NFL superstar Patrick Mahomes make in a year?

Patrick Mahomes makes $24,000,000 in a year.

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