Pat Mahomes Sr. is a name that stands out in the sports world, especially due to his son’s extraordinary NFL career. But before Patrick Mahomes Jr. became an NFL legend, his father had already made a name for himself in Major League Baseball (MLB).
With a successful baseball career that spanned over a decade, Pat Mahomes Sr. has accumulated significant wealth, now estimated at $10 million. But how did he build such a fortune? In this post, we’ll dive into the details of Pat Mahomes Sr.’s net worth, career earnings, investments, and how he became financially successful both during and after his playing days.
Key Points:
- Pat Mahomes Sr. earned most of his wealth from his successful MLB career.
- His son, Patrick Mahomes Jr., has helped boost his public profile.
- Pat Mahomes Sr.’s investments and endorsements added to his fortune.
How Much Is Pat Mahomes Sr. Worth Today?
Pat Mahomes Sr.’s net worth in 2024 is estimated to be $10 million. This impressive figure is the result of years spent in Major League Baseball, strategic investments, and endorsements. While the bulk of his wealth comes from his playing days, Mahomes Sr. has managed to secure other income sources since retiring. His career as a professional baseball player was highly successful, with Pat playing for various teams in MLB, including the Minnesota Twins, New York Mets, and Texas Rangers.
Mahomes Sr. wasn’t just a successful player but also a key figure in the sport’s history. His career statistics include a 42-39 win-loss record and an earned run average (ERA) of 5.47, which speaks to his solid but not stellar career. Even though his playing time was marked by highs and lows, the financial gains he made helped him establish a stable future post-retirement.
How Did Pat Mahomes Sr. Make His Money?
Pat Mahomes Sr. primarily earned his wealth through his baseball career. However, his wealth wasn’t solely reliant on his salary as a pitcher. Mahomes Sr. also made significant money from endorsements and his investments in various businesses.
His MLB career earnings were substantial but not extravagant. Over his time in the major leagues, Mahomes Sr. accumulated just under $3 million from contracts. Although this amount may seem small compared to modern athletes’ pay, it’s important to remember that salaries during his playing years were not as high as they are today.
- MLB Career Earnings Breakdown:
| Team | Contract Earnings | Notable Years |
| Minnesota Twins | $109,000 | 1992-1996 |
| Boston Red Sox | $750,000 | 1996-1997 |
| New York Mets | $1.5 million | 1999-2000 |
| Texas Rangers | $1.2 million | 2001 |
| Chicago Cubs | $500,000 | 2002 |
| Pittsburgh Pirates | $400,000 | 2003 |
Though these earnings from MLB contracts may seem modest by today’s standards, they were a considerable amount for a player in his era.
What Are Pat Mahomes Sr.’s Investments and Business Ventures?
Pat Mahomes Sr. didn’t just rely on his salary. He diversified his income by investing in real estate and businesses. It’s reported that he invested in several properties during and after his MLB career, including a luxurious home in Tyler, Texas, where his son Patrick Mahomes Jr. grew up. These investments helped him grow his wealth in ways that went beyond the field.
Real estate investments are often considered a safe and profitable way to build wealth, and Pat Mahomes Sr. took full advantage of this. Additionally, his investments in memorabilia and other forms of passive income added significantly to his financial portfolio.
Moreover, Pat has been involved in the baseball community, working as a coach for young players, which allows him to earn additional income while doing something he loves. His podcast, The Big Mahomes Show, also generates a steady income, further securing his financial future.
How Has Pat Mahomes Sr.’s Legacy Influenced His Son, Patrick Mahomes II?
While Pat Mahomes Sr. might not have achieved the same level of fame as his son, his impact on Patrick Mahomes II’s success is undeniable. The elder Mahomes instilled important lessons of hard work, dedication, and perseverance into his son. Patrick Mahomes II often credits his father for shaping his mindset, particularly during his early years as a young athlete.
Patrick Mahomes Jr. has gone on to become one of the highest-paid quarterbacks in NFL history, and as a result, Pat Mahomes Sr.’s public profile has significantly improved. Not only has Patrick’s success led to a greater recognition of his father, but it has also increased the financial opportunities available to Pat Sr., from brand endorsements to increased media attention.
While Pat Mahomes Sr. didn’t reach the heights his son has achieved in sports, the two have a strong relationship, with Patrick frequently speaking highly of his father in interviews. This father-son duo showcases the strength of their family bond, which also helped in building the Mahomes family’s wealth.
What Is Pat Mahomes Sr.’s Current Source of Income?
Even after his retirement from MLB, Pat Mahomes Sr. remains active in various business ventures. He currently hosts The Big Mahomes Show, a podcast where he discusses all things related to sports. This podcast has become an additional source of income, and it also allows Pat Sr. to stay relevant in the sports world.
Moreover, Pat has also found passion in coaching youth baseball, giving back to the next generation of athletes. His work as a coach provides him with both personal fulfillment and additional financial opportunities. These activities, along with any residual earnings from his MLB career, help maintain and increase his wealth.
Additionally, Pat Mahomes Sr.’s fame has led to lucrative endorsement deals, especially as his son’s football career skyrocketed. His endorsement deals have been more tied to his son’s success, and together, they have created a strong public presence.
Conclusion
Pat Mahomes Sr. built his $10 million net worth through his successful MLB career, endorsements, investments, and his post-retirement business ventures. His time in Major League Baseball set the foundation for his financial success, but it was his ability to diversify and invest wisely that truly helped him secure a comfortable future. The Mahomes family’s legacy extends beyond the baseball field, and Pat Sr.’s role in shaping his son’s career is one of the reasons for his continued success.
FAQ’s
- What is Pat Mahomes Sr.’s net worth?
- Pat Mahomes Sr.’s net worth is estimated to be around $10 million as of 2024.
- How did Pat Mahomes Sr. make his money?
- Pat Mahomes Sr. made his money through his MLB career, endorsements, investments, and his work as a coach and podcast host.
- Which teams did Pat Mahomes Sr. play for?
- Pat Mahomes Sr. played for several MLB teams, including the Minnesota Twins, Boston Red Sox, New York Mets, Texas Rangers, Chicago Cubs, and Pittsburgh Pirates.
- How much did Pat Mahomes Sr. earn in MLB?
- Pat Mahomes Sr. earned just under $3 million throughout his 11-season MLB career.
- What does Pat Mahomes Sr. do now?
- Pat Mahomes Sr. currently hosts The Big Mahomes Show podcast and coaches youth baseball, while also continuing to enjoy his wealth through investments.