Look – Chiefs QB Patrick Mahomes offered a brand new Ferrari

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Chiefs QB Patrick Mahomes signed a contract extension this offseason worth up to $503 million, keeping him in Kansas City through the 2031 season.

It appears that Mahomes is doing a little spending after securing a long-term contract extension. On Tuesday, he became part-owner of the Kansas City Royals, joining an ownership group of nearly two-dozen. It seems like a wise investment, with the franchise valued at $1 billion and the team poised to make a World Series run in the future.

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LOOK: Chiefs QB Patrick Mahomes bought a new Ferrari

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According to ESPN’s Louis Riddick, buying into the Royals isn’t the only purchase that Mahomes made on Tuesday. Riddick tweeted out a photo of Mahomes’ brand new ride.

Apparently, Mahomes has purchased a Ferrari 812 Superfast, which according to Ferrari’s website, is the “fastest and most powerful Ferrari yet.” This blazing-fast car comes equipped with a V12 engine that reaches nearly 800 horsepower. A call to your official Ferrari dealer will tell you that the base model of the car starts at around $340K. So, Mahomes didn’t even put a dent in the money earned from his new contract. In fact, he could have bought this car on his rookie salary.

LOOK: Chiefs QB Patrick Mahomes bought a new Ferrari

Riddick may refer to Mahomes as “Ferrari Pat” but this car has so much speed that it feels like it might be better suited for Mahomes’ Chiefs teammate Tyreek Hill.

Safe driving, Pat.

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