We want to hear from you. Patrick Mahomes is the king of Kansas City -- the Chiefs superstar is now a part-owner of the Royals, the team announced Tuesday. This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. He has been writing about the sport for over five years and is passionate about sharing his knowledge and enthusiasm for the game. Patrick Mahomes is a Kansas City native who has purchased a small minority stake in the team. Although it's unclear quite how much Mahomes has invested into the firm, it does seem to be making an impact: the company is planning on opening 30 locations in the Kansas City area by 2027. After playing college football for Texas Tech University, he was drafted by the Chiefs in the first round of the 2017 NFL Draft. signing 10-year contract extension with the Kansas City Chiefs worth up to $503 million. The car was thought to be a Lamborghini Urus a super-powered SUV that costs around $230,000. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. That's not bad for a 27-year-old, one whose value seems boundless given his various business holdings, as well as the gaudy nature of his contract. This includes his Kansas City Chiefs contract from which he was earning only $555,000 a. Chiefs QB Patrick Mahomes looked for ways to get involved in baseball other than as a player. Patrick Mahomes business ownership: Chiefs QB counts Whataburger, Royals, Sporting KC among investments, How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries, Patrick Mahomes' family tree: Meet the Chiefs QB's wife Brittany, brother Jackson, parents & kids. In just his second season, Mahomes led the Chiefs to a 12-4 record and a berth in the AFC Championship game. Sterling Skye, his daughter with fiance Brittany Matthews, was born in February. Here are some of the most prominent: Few things represent the Lone Star State quite as much as a good burger. Mahomes is also investing in businesses around Kansas City. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl, Im honored to become a part-owner of the Kansas City Royals. Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. It is a rich and diverse city with a rich history and culture, as well as a plethora of excellent museums and attractions. Whataburger is a German treat. https://t.co/I3ItyS5CO0, . Gambling problem? Be it helping Texas Tech to reach a wider audience by striking a marketing alliance with Kansas City Chiefs or being a stakeholder in Kansas City Royals baseball team, the Texas Tech Raiders alumni has always given his all on and off the field. Ahead of last year's election, Mahomes helped turn the Chiefs stadium into aplace where Kansas City residents could vote. In this article, we will list down all the sporting investments made by the Kansas City quarterback. City services include health care, financial services, and technology. Soccer Star, Fitness Enthusiast, and Patrick Mahomes Number One Supporter- Mahomes joins a list of superstar athletes that have stakes in teams from other sports. Im honored to become a part-owner of the Kansas City Royals, I love this city and the people of this great town. Up until this point in his career, Mahomes has only earned a total of $13 million on the field. That's a lot of zeroes before you even get to his endorsements and investments. Also Read |Holland Fans Side In 10th, Royals Trim Indians 3-2. David Suggs is a content producer at The Sporting News. { The source also added that Mahomes has attended at least 12 MLS matches at Childrens Mercy Park, and even led the I Believe chant prior to a 2018 playoff game.. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". This is an annual salary of approximately $45 million. Here you'll find information on the game of baseball, from the rules to the history. The purchase of this minority stake in the Major League Baseball team made Mahomes the youngest part-owner in baseball history. Later that summer, the couple, alongside a number of Mahomes' teammates and their partners, visited the Turks and Caicos Islands, where they all enjoyeddeep-sea fishing, golf, and riding horses in the ocean, according to The Kansas City Star. Details surroundingMahomes' stake in the MLB franchise remain sparse. In 2021, Mahomes purchased a minority stake in the Kansas City Royals, becoming the youngest principal owner in MLB history. While the NFL lacks a true superstar quarterback, Patrick Mahomes has the potential to be one. Mahomes isnt buying a stake as an investment in reality. Earlier this month, Mahomes signed a 10-year extension with the Chiefs that ties him to Kansas City through the 2031 season. Signing him is a huge coup for Kansas City, and fans all over should be excited about watching him play. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. Patrick Mahomes has joined the ownership group for the Kansas City Royals. As a result, other running backs in the NFL may be able to earn more money in the future. Kansas City Royals (@Royals) July 28, 2020 "We are very proud and excited to have Patrick as our partner in the ownership group of this franchise," Royals principal owner and CEO John Sherman . That brings its perks. The youngest owner in MLB history, Patrick Mahomes, purchased a 1% stake in the team. Well, outside of being two of the best players in their respective sports and pillars of their local communities, they also share business ties. He established NFL records for most touchdown passes in the first three games of his career. Brittany, Patrick Mahomes fiance, owns a stake in Kansas Citys National Womens Soccer team. John Sherman, the owner of the Kansas City Royals, currently owns the team. In January, Mahomes surprised his Matthews with a brand new Lamborghini for no apparent reason. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. Is it possible that Patrick Mahomes is intentionally making fun of his fans? The Kansas City Royals have announced that Mahomes will participate in spring training with the team. The group, which purchased the Royals from the late David Glass for $1 billion last fall, is led by local businessman John Sherman and includes a group of over 20 investors with local ties, including entertainer Eric Stonestreet. Patrick Mahomes, a member of the Kansas City Royals ownership group, has been appointed, the team announced on Tuesday. Whatcha think @PatrickMahomes ? Sherman further highlighted Mahomes' roots in baseball which started with his father, Pat Mahomes, who played 11 seasons in MLB as a reliever. By clicking Sign up, you agree to receive marketing emails from Insider Expect that number to rise in the coming few years. Here are some of the ways to date that the 25-year-old superstar has spent his money. Earlier this month, Mahomes inked a 10-year contract extension with the Chiefs that is expected to be the richest player deal in history, worth up to $503 million. Copyright 2023 Sporting News Holdings Limited. In 2017, the Kansas City Chiefs selected Patrick Mahomes, a quarterback, with the 10th overall pick. I love this city and the people of this great town," Mahomes said in a statement. Mahomes, 24, became the youngest quarterback to win Super Bowl MVP in February. Does Patrick Mahomes Own The Kansas City Royals? Kansas City, Missouri, is an ideal place to call home. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. What he is buying ownership for is to be an ambassador of the Royals, Chiefs, and Kansas City. The Kansas City Chiefs quarterback won a Super Bowl in February. NFL star Mahomes joins Royals ownership. Sherman is, however, the only Major League Baseball team owner not affiliated with the leagues 30 other clubs. Juventus is his favorite soccer club and he one day plans to go to Italy and @NWSL team next? But what many fans may not know is that Mahomes is also a part-owner of another professional team: the Kansas City Royals. After signing that mammoth contract $450 million contract extension in 2020, Mahomes made a series of investments in both local and national franchises. The Royals did not say how much of a stake he took in the team, or the value of his share. Mahomes is under contract through the 2021 season and has club options for 2022 and 2023. Kansas City Chiefs quarterback Patrick Mahomes has purchased a share of the Kansas City Royals, making himself the youngest part-owner in sports history and a two-sport Kansas City star. Pat played for several Major League Baseball teams between 1992 and 2003. The two cities roots, history, and culture are all shared by them. Congratulations! Still, Mahomes signed a very long-term deal with the Chiefs and his small stake in the Royals further embeds him into Kansas City for the next decade or more to come. All Rights Reserved. on: function(evt, cb) { Mahomes should know. Sherman, in addition to owning the only MLB team without a membership in the league, is the sole owner of any other Major League Baseball franchise. The MLS club has yet to accomplish much of anything since Mahomes bought a stake. The Kansas City Chiefs quarterback won a Super Bowl in February. "I love this city and the people of this great town,". Since its inception, Mahomes has donated over $500,000 of his own money to various organizations working towards the charity's mission, according to Fox News. Baseball is a sport that is struggling to attract young fans, and Mahomes could be the perfect ambassador. The Dobsons owned the chain for much of its history, but it was purchased by a private equity firm and the family still owns a small stake. If Kansas City Chiefs quarterback Patrick Mahomes' love for the city wasn't clear, it was obvious after the quarterback purchased a part of the Kansas City Royals on July 28. Along came HyperIce, a recovery and performance technology brand affiliated with global stars like Ja Morant, Naomi Osaka and Amanda Nunes. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. Mahomes is the son of Pat Mahomes, a former major league pitcher. But with this latest move, he'll still have an opportunity to make some noise on a baseball field. "We. St. Patrick Vibes 20oz Skinny Tumbler Wrap Design, Retro Patrick's Day Tumbler Sublimation Design, Horror Patrick PNG, Digital Download . Brand deals are one thing, but owning stake in a brand? And although he didn't quite follow in his father Pat's footsteps, he does retain a serious interest in the sport so much so that he purchased a minority stake in his adopted hometown's MLB team in 2020. Its cool to be able to say I own part of a sports team and celebrity ownership of franchises is a storied history that includes owners like Jay-Z (who owned less than 1 percent of the Brooklyn Nets), Jennifer Lopez and then husband Marc Anthony (unreported amount of the Miami Dolphins), Bill Maher (who at one pint owned 1-4% of the Mets), Justin Timberlake (Memphis Grizzlies), Will Smith (Philadelphia 76ers), and others. Call 1-800-GAMBLER. We are very proud and excited to have Patrick as our partner in the ownership group of this franchise. As the Royals rebuild their roster with young talent, Mahomes will be there to help them achieve their goals. Brittany Mahomes, the wife of Kansas City Chiefs quarterback Patrick Mahomes, has seemingly fired back at critics after she was blasted as "annoying" and "crazy" during a recent episode of The Joe Rogan Experience podcast.. However, with a fairly new stadium and a fanbase known for vociferous support, don't be surprised if SKC thrusts itself up the league table sooner rather than later. Who do you think is the new owner of the Kansas City baseball team? League sources told ESPN's Adam Schefter that the deal is worth $450 . Fresh off the back of signing 10-year contract extension with the Kansas City Chiefs worth up to $503 million, Patrick Mahomes has now become the youngest team owner in MLB history after purchasing a stake in the Kansas City Royals at the age of 24. Although Mahomes's role will be more ambassador than operational, it's still a nice addition to his resume. His salary is modest when compared to some of the leagues top quarterbacks, but his contract contains club options for 2022, 2023, which allow the club plenty of flexibility in terms of his salary. Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). LeBron James is a part owner of soccer powerhouse Liverpool F.C., Russell Wilson is a part owner of the Seattle Sounders F.C., and Serena and Venus Williams are part owners of the Miami Dolphins. CNN Sans & 2016 Cable News Network. He can sling passes during the day with his team and then hit up his box at night for Royals games. @ JayCat11. Mahomes becomes the first African American to own a majority stake in a Major League Baseball team. Kansas City Chiefs quarterback Patrick Mahomes has become the youngest owner in MLB history after purchasing a stake in the Kansas City Royals aged just 24. having signed a four-year,$670 million deal with the Spanish giant in 2017. on the same day he received his Super Bowl ring. Heres What We Know about Brittany Matthews. Suresh Menon is an NFL and Football writer at EssentiallySports. Mahomes has been described as a prolific passer who possesses a great arm and unbelievable touch. Launched in 2019, "15 and the Mahomies" is a charity that "is"dedicated to improving the lives of children" through "initiatives that focus on health, wellness, communities in need of resources and other charitable causes.". Got a confidential news tip? Did you encounter any technical issues? While Mahomes does not check the score at the first read, Alex Smith does. This helped him become the first-ever North American athlete to rake in a half-a-billion-dollar deal. The Kansas City Chiefs quarterback has a ten-year contract. Patrick Mahomes, Super Bowl Sweatshirt, Unisex T-shirt, Game Day Shirt ThriftyandStuff . No, Patrick Mahomes does not own the Denver Broncos. TMZ.com. The Kansas City Chiefs quarterback has a ten-year contract worth an eye-watering $503 million. The 27-year-old mother of two became a topic of conversation during Thursday's episode of The Joe Rogan Experience when host Joe Rogan and his guests Shane Gillis . The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. Im honored to become a part owner of the Kansas City Royals, Mahomes said in a statement. callback: cb Because of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. Miles has also appeared in commercials for other companies, including State Farm Insurance. It hasn't been reported how much of an investment Mahomes made. (RELATED: David Hookstead Is The TrueKingIn TheNorthWhen It Comes To College Football), Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl, Kansas City Royals (@Royals) July 28, 2020. Still, if Mahomes needed an advance to purchase a larger stake in the team (of say 2-3 percent), he would likely be able to find that in an owner-financed sale in which he would pay it off over time as more of his contract becomes guaranteed. Just weeks after inking a 10-year . According to Work+Money, Mahomes and Matthews spent around $400,000 renovating the house, situated inthe city's Mission Hills neighborhood. John Sherman became the majority owner ofthe franchise last year after he and a reported 20 other investors acquired the teamfrom previous ownerDavid Glass in a deal valued at over $1 billion. He completed 12 of his 16 passes for 185 yards and two scores, and the Chiefs held a 16 point lead at the half. Have you flown to or from the new KCI yet? As of 2019, he has established his foundation 15 and the Mahomies, both of which are dedicated to improving the lives of children. Mahomes Jr. was reportedly even drafted byDetroit Tigers in the 2014 MLBAmateur Draft before he opted to make his career in the NFL instead. Mahomes, 24, will be the youngest part owner in sports history, and he will be a minority owner. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do. Here is a lengthy list of the entire Royals ownership group, including one Eric Stonestreet: pic.twitter.com/dcIffTHAIE, Also Read |Royals Sign Matt Harvey To Minor League Deal. put pen-to-paper on a 10-year contract worth an eye-watering $503 million. During his career, Eli Manning set a league record for career earnings with $252 million. appreciated. Its easy to see why Kansas Citys history is so intertwined with that of Kansas City. It's been a fantastic year for Patrick Mahomes. The fancy reveal, which took place last October, featured hundreds of balloons, worded lights, and matching "Baby Daddy" and "Baby Momma" shirts for Mahomes and Matthews. By the end of his career, Drew Brees had made 245 million dollars, making him the NFLs all-time money leader. These are all brand ambassador roles and carry a bit more headline value than operational value. There is no denying that Patrick Mahomes is a rising star in the NFL. Follow David Hookstead on Twitter and Instagram, The Daily Caller | 1775 Eye Street NW | Suite 1150-290 | Washington, DC 20006, A post shared by Patrick Mahomes II (@patrickmahomes). Mahomes has already enjoyed an extraordinary career in the NFL having won a Super Bowl, a Super Bowl MVP, and regular season MVP, but he's also no stranger to baseball. Patrick Mahomes 'left some on the table' on his recent mega-extension so his teammate could sign an $85 million contract, Patrick Mahomes beat Post Malone in beer pong so bad the singer got a tattoo of the quarterback's autograph, Patrick Mahomes is so good that he just signed the biggest deal in sports history and everyone thinks he could have gotten more, Patrick Mahomes signed a $503 million deal and even LeBron James is asking for a loan. Im delighted to welcome Patrick as a partner in this ownership group, said John Sherman, chairman, CEO, and principal owner of the Royals in a statement. Patrick Mahomes, who won the Super Bowl LIV in 2017, has joined the ownership group of Major League Soccers (MLS) parent company. } The Super Bowl win is one of the NFLs biggest achievements, and each member of the winning team will receive $150,000 as a result. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. The Chiefs quarterback himself played baseball atTexas Tech for one season in 2015. If he were to see out the entirety of his 10-year extension, however, Mahomes would net$491 millionfrom salary alone. The Chiefs QB also joined the team as part of the ownership group. Go @Royals!! When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. Having signed a ten-year, over US$500. Mahomes becomes the most popular owner in all of sports. CNNs Kevin Dotson contributed to this story. The. Those partners may have their own information they've collected about you. Odds & lines subject to change. Get this delivered to your inbox, and more info about our products and services. "I love this city and the people of this great town. Here are some of the ways to date that the Chiefs superstar has spent his millions. forms: { Patrick Lavon Mahomes II (born September 17, 1995) is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). 4:13 PM EDT, Tue July 28, 2020. })(); Designed by Elegant Themes | Powered by WordPress, Deadwood On A Baseball Bat: How To Prevent And Recognize Weak Wood On Your Bat, What MLB Scouts Look For In Potential Players, A Guide To Finding The Best Youth Baseball Gloves, How To Rock Your Baseball Cap Look: Styling Tips For Any Outfit, What Tree Are Baseball Bats Made From: Exploring Different Types Of Wood, The Essential Role Of Welting In Baseball Gloves: Securing A Long-Lasting Performance, How To Tighten Baseball Pants For A Perfect Fit, Dropping The Bat In Baseball: Exploring The Rules And Techniques, An Unwelcome Change: Exploring Why Baseball Fans Dislike Alternate Jerseys, Unlocking The Secrets Of Baseball Bats: How Different Types Affect Performance, Exploring The Speed Of Baseball: Factors Records And Strategies For Improvement. 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