Patrick Mahomes is having quite the year. After playing college football for Texas Tech University, he was drafted by the Chiefs in the first round of the 2017 NFL Draft. Top editors give you the stories you want delivered right to your inbox each weekday. What he is buying ownership for is to be an ambassador of the Royals, Chiefs, and Kansas City. 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). Jessy is an avid baseball fan and writer for the popular website, Baseball Writes. The youngest owner in MLB history, Patrick Mahomes, purchased a 1% stake in the team. No, Patrick Mahomes does not own the Denver Broncos. While franchise values have increased annually, even a doubling of his ownership isnt going to be a financial boom for him. Yes , Patrick Mahomes became a co-owner of the Kansas City Royals in July 2020 at only 24 years old. Patrick Mahomes is the second highest paid athlete in world sport. After winning the Super Bowl in February 2020, Mahomes and Matthews took a luxury vacation to Cabo San Lucas. But with this latest move, he'll still have an opportunity to make some noise on a baseball field. Only FC Barcelona forward Lionel Messi can claim to earn more in wages alone, having signed a four-year,$670 million deal with the Spanish giant in 2017. Mahomes, who grew up in the Kansas City area, said he is excited and humbled to be a part of the Royals organization. Pat played for several Major League Baseball teams between 1992 and 2003. The Chiefs quarterback also played baseball at Texas Tech University for one seasonin 2015 before quitting to focus on football, according to CNN. There is also a possibility that once his playing days are over he may want to transition into a bigger role in running the club, as other former athletes like Derek Jeter and Magic Johnson have done. Welcome, @PatrickMahomes, to @MLS! That's a lot of zeroes before you even get to his endorsements and investments. Then, in July, he signed a record-setting $450 million contract extension, which could be worth up to $503 million. There is no denying that Patrick Mahomes is a rising star in the NFL. Well, outside of being two of the best players in their respective sports and pillars of their local communities, they also share business ties. Because he has agreed to a contract extension until 2021, the club is certain to keep him on its roster for the next two seasons. While Mahomes is most well known for throwing touchdown passes, he also has history with baseball. New Seahawks' safety Jamal Adams, actor Eric Stonestreet, NWSL starChestley Strother and others reacted too -, This is Legendary brotha. Gambling problem? event : evt, He is the son of former Major League Baseball (MLB) pitcher Pat Mahomes. Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. Mahomes, 24, became the youngest quarterback to win Super Bowl MVP in February. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. This is the online home for all things baseball. He has always expressed his love for the city he reps and has taken a lot of initiatives to do so. Major League Soccer's Sporting KC announced Mahomes as a member of their ownership group on Tuesday, marking his second professional sports minority equity stake within the last year (KC Royals). The portion that he owns has not been disclosed, but it is likely a very small portion. Patrick Mahomesis the second highest paid athlete in world sport. Got a confidential news tip? 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. Earlier this month, Mahomes signed a 10-year extension with the Chiefs that ties him to Kansas City through the 2031 season. A Division of NBCUniversal. The two cities roots, history, and culture are all shared by them. It's been a fantastic year for Patrick Mahomes. Mahomes Jr. was reportedly even drafted byDetroit Tigers in the 2014 MLBAmateur Draft before he opted to make his career in the NFL instead. Chiefs QB Patrick Mahomes just signed a contract extension with the team that is said to be the most lucrative deal in sports history. He signed a 10-year, up-to-$503 million contract extension earlier this month, the richest in sports history. "I'm honored to become a part owner of the Kansas City Royals," Mahomes. Signing him is a huge coup for Kansas City, and fans all over should be excited about watching him play. "I love this city and the people of this great town. But what many fans may not know is that Mahomes is also a part-owner of another professional team: the Kansas City Royals. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball minority owner. Mahomes has been described as a prolific passer who possesses a great arm and unbelievable touch. It's a partnership that offers Mahomes plenty of breathing room, allowing him to use private aircraft at his own leisure. He also won the NFL MVP in 2018. As the holder of the biggest contract in NFL history, Patrick Mahomes is, among other things, filthy rich. Kansas City is home to the Major League Baseball club. St. Patrick Vibes 20oz Skinny Tumbler Wrap Design, Retro Patrick's Day Tumbler Sublimation Design, Horror Patrick PNG, Digital Download . Then, in July, he signed a record-setting, , which could be worth up to $503 million. signing 10-year contract extension with the Kansas City Chiefs worth up to $503 million. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball. } Patrick Mahomes has joined the ownership group for the Kansas City Royals. Mahomes has also won the NFL MVP award twice, in 2018 and 2019. Submit a correction suggestion and help us fix it! Patrick Mahomes is a Kansas City native who has purchased a small minority stake in the team. He already owns a stake in the Kansas City Royals in Major League Baseball, and his fiance, Brittany Matthews, also owns a stake in the Kansas City Wizards in the National Womens Soccer League. Patrick Mahomes joins a list of superstar athletes that have stakes in teams from other sports. 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. In fact, the day after his son was born, the elder Mahomes picked up the save after throwing 3 1/3 shutout innings against the Royals. The company is currently valued at $700 million. The Royals are giving Mahomes the opportunity to live out his dream of playing professional baseball. He is currently Sherman has served in the United States Army. Up until this point in his career, Mahomes has only earned a total of $13 million on the field. It hasn't been reported how much of an investment Mahomes made. The. The Kansas City Chiefs recently signed Patrick Mahomes to a $503 million, five-year contract extension. pursuing BMM from St Xavier's College with his specialization in Advertising. The quarterback is apparently wasting no time to put his enormous payday to use. Sherman and his wife Susie purchased the Royals from David Einhorn in 2013, and Sherman has been their owner ever since. Mahomes has since added some other sporting sides to his repertoire, joining Sporting Kansas City's ownership group in 2021. He also won the NFL MVP in 2018. BioSteel, Adidas, Oakley, Head and Shoulders, State Farm, Bose, DirecTV, Essentia Water, and Electronic Arts are among the companies that have endorsed our brand. Mahomes is the son of Pat Mahomes, a former major league pitcher. 2023 Celebrity Net Worth / All Rights Reserved. Kansas City, Missouri, is an ideal place to call home. Hes averaged 96.9 points per game in those three wins, and hes outplayed them all three times. By clicking Sign up, you agree to receive marketing emails from Insider The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. @NWSL team next? He is also the majority owner of the Kansas City Royals of Major League Baseball (MLB). The investment should be a pretty sound one as the value of sports franchises continues to rise. We want to hear from you. Updated The Kansas City Royals announced Patrick Mahomes addition to their ownership group via social media, officially welcoming him to the organization. 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. With the signing of a long-term contract with the Chiefs, he will have been embedded in Kansas City for the next decade or more. "Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field," Sherman said in a statement. City services include health care, financial services, and technology. CNN Sans & 2016 Cable News Network. Mahomes isn't the only one in his family to toss some bread to help a local sports team. Full Spectrum Services LLP 2022 | All Rights Reserved. Top editors give you the stories you want delivered right to your inbox each weekday. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. Theyre owned by the Whataburger restaurant chain, which includes Kansas City Chiefs star quarterback Patrick Mahomes. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl, Im honored to become a part-owner of the Kansas City Royals. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. MORE:How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. While it is not common for active players to have ownership stakes in other teams, Mahomes is not the only one. He established NFL records for most touchdown passes in the first three games of his career. He played at Texas Tech for one season in 2015 as a relief pitcher before quitting to focus on football, and he was drafted by the Detroit Tigers in the 2014 MLB June Amateur Draft, according to Baseball Reference. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. "I'm honored to become a part-owner of the Kansas City Royals," Mahomes said in a statement. Only one NFL team, the New Orleans Saints, flies its athletes on its own aircraft. It's fair to say he made the right choice by playing football. When the Super Bowl LIV MVP purchased the Kansas City Royals almost a year ago, he became the teams majority owner. It has already paid major dividends. Tigers' Bullpen Sharp In 4-3 Win Over Royals, Royals Sign Matt Harvey To Minor League Deal, Royals Slug 6 HRs In 14-6 Win Over Tigers, Holland Fans Side In 10th, Royals Trim Indians 3-2. Jason Catania. 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. Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. 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. 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. After signing that mammoth contract $450 million contract extension in 2020, Mahomes made a series of investments in both local and national franchises. Go @Royals!! 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. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. Whatcha think @PatrickMahomes ? The MLS club is currently valued at $550 million and brings in over $45 million in revenue during a typical, non-pandemic year. Top editors give you the stories you want delivered right to your inbox each weekday. Mahomes, who grew up in Tyler, Texas, is a huge baseball fan. He found one last month when he bought into the ownership group of the Royals. As such, Mahomes made sure to throw his bag into something he feels passionate in. 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. 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. Heres What We Know about Brittany Matthews. Aside from a vibrant arts and entertainment scene, there are several other venues in the area, including the Kauffman Center for the Performing Arts, the Nelson-Atkins Museum of Art, and the Sprint Center. This is an annual salary of approximately $45 million. Patrick Mahomes has owned the Chargers defense, the Texans defense, and the 49ers defense. Odds & lines subject to change. Patrick Mahomes led the Chiefs back from a 10 point fourth quarter deficit, driving them for a game-winning drive late in the fourth quarter. As part of the renovations, the couple built a gym and a custom shoe closet for Mahomes' massive sneaker collection, which features upwards of 180 pairs. On Tuesday, July 28, Mahomes became the part-owner of Major League Baseball franchiseKansas City Royals. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. Largely decorative legislation is seemingly the only chance Democrats have to . Patrick Mahomes is expected to throw for 5,052 yards, 52 touchdown passes, and 12 picks in 2019. His father, Pat Mahomes, was also a MLB pitcher for 11 seasons. Details surroundingMahomes' stake in the MLB franchise remain sparse. Mahomes is something of an expert on aerial dominance. The younger Mahomes was also a baseball prospect in his younger days. There is a significant amount of economic activity in Kansas City. Even purchasing 1 percent of the Royals, assuming Mahomes didnt buy at a lower post-money valuation than the other investors paid, would cost the Chiefs quarterback around $10 million which is a significant outlay for someone who has made slightly more than $13 million over his brief playing career, not including endorsements. He bought into the team in 2019, and has said that hes a huge fan of the team and the city. 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. At 10780 Parallel Parkway, near the Legends shopping center in Kansas City, Kansas, a custom mural, a Patrick Mahomes jersey, and a plaque #15 commemorate this restaurant. The Kansas City Royals announced on Tuesday that Patrick Mahomes is the newestmember of the team's ownership group. Currently the NFLs most valuable player and Super Bowl LIV champion, Patrick Mahomes, invested in the restaurant through a private equity firm. } NFL star Mahomes joins Royals ownership. Soccer Star, Fitness Enthusiast, and Patrick Mahomes Number One Supporter- "Nothing like waking up at 8 am to a new car on Monday," Matthews wrote in an Instagram story at the time. Sara King is accused of . Sherman further highlighted Mahomes roots in baseball by highlighting how his father, Pat Mahomes, played 11 seasons in MLB. pic.twitter.com/9lzODUUpVA. Turning off the personalized . Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Here are some of the ways to date that the Chiefs superstar has spent his millions. A Warner Bros. At Texas Tech where he attended college, Mahomes played both football and baseball until his sophomore year, when he decided to focus on football. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. 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. Its a partnership that has been in place since before he took over as the starting quarterback for the Kansas City Chiefs, said Airshare CEO John Owen of the relationship with Chiefs quarterback. Which Whataburger does Mahomes own? Sporting is a community-oriented club, and I am excited to continue supporting the growth of soccer in Kansas City.. 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. In January, Mahomes surprised his Matthews with a brand new Lamborghini for no apparent reason. "I'm honored to become a part owner of the Kansas City Royals," Mahomes said in a statement. 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. Mahomes isnt buying a stake as an investment in reality. He grew up attending Royals games and has said that he wants to be a part of the teams future success. Mahomes' net worth is currently estimated to be around $30 million. 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.. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. Im starting to think he might be superhuman. Mahomes is one of the most popular players in the NFL, and his addition will only help to grow the popularity of the team. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. The pair's daughter, Sterling Skye, was born in February. Im honored to become a part-owner of the Kansas City Royals, I love this city and the people of this great town. The news of Mahomes becoming an owner of an MLB franchise was greeted with delight by the rest of the sports fraternity: The Tigers were quick to note that they "drafted Mahomes first" -, Ladies and gentlemen, we drafted him first. His father, Pat Mahomes, was an pitcher for a number of MLB teams, including theMinnesota Twins, the Boston Red Sox, and the New York Mets, between 1992 and 2003. It is a rich and diverse city with a rich history and culture, as well as a plethora of excellent museums and attractions. The Kansas City Chiefs quarterback has a ten-year contract. Mahomes joins an ownership group led by businessman John Sherman and more than 20 investors with ties to Kansas City, including actor Eric Stonestreet. 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 . Now, Mahomes is taking his talents to the baseball diamond. And with his winning attitude and superb skills on the field, theres no doubt that he will be a successful owner as well. Mahomes recently bought a very expensive Ferrari 812 Superfast, which is a true racing car. The Kansas City Chiefs quarterback won a Super Bowl in February. Mahomes is believed to have put $10 million into the Royals. The actor who portrays Jake in the commercials, Kevin Miles, earns between $10,000 and $15,000 per commercial. And his fiancee, Brittany Matthews, is part-owner of the KC NWSL women's pro soccer club. The Royals are valued at just over $1 billion, according to Forbes. 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. "I love this city and the people of this great town. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. He can sling passes during the day with his team and then hit up his box at night for Royals games. Because the quarterback is usually the most important player on the field, the quarterback will receive the least amount of money from the winning teams players. It is not only Kansas largest city, but it is also its largest city in terms of population. watch a Juve match live. Chiefs president Mark Donovan said the 25-year-old helped fund the purchase of new voting machines to make it happen. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. Earlier this month, Mahomes signed a 10-year extension with the Chiefs that brought the value of his 12-year contact to as much as $503 million. Kansas City Royals owners Patrick Mahomes and John Sherman Owning a professional sports franchise is one of the most profitable businesses worldwide. The Chiefs quarterback has bought into a bevy of firms, from food chains to sporting franchises. According to Forbes, Rodgers endorsement of State Farm could earn him up to $3 million. Mahomes asked long-term girlfriend Brittany Matthews to marry him last September on the same day he received his Super Bowl ring. Sherman further highlighted Mahomes' roots in baseball which started with his father, Pat Mahomes, who played 11 seasons in MLB as a reliever. Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field., Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl, Kansas City Royals (@Royals) July 28, 2020. Mahomes has become the newest part owner of MLBs Kansas City Royals, according to a statement from the Royals. Does Patrick Mahomes Own The Kansas City Royals? Commercial flights have replaced traditional charter flights as the primary mode of transportation for NFL players. TMZ.com. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. He looked into the end zone for Sammy Watkins first, then Travis Kelce, and finally Kareem Hunt at the end. "We. #AlwaysRoyal https://t.co/CDApf9wejT, The Royals announced the news via a statement released Tuesday. Patrick Mahomes will be a Kansas City Chiefs player for the next ten years, with a contract worth 450 million dollars. The Royals have added some Kansas City royalty to their franchise. Juventus is his favorite soccer club and he one day plans to go to Italy and (function() { NFL MVP. Patrick Mahomes also released a statement expressing his gratitude and excitement at being a part-owner of the team. Having signed a ten-year, over US$500. Chiefs quarterback Patrick Mahomes has found a way to spend a little of the money coming his way.Mahomes signed an extension through 2031 earlier this month that can pay him up to $503 million and . The purchase of this minority stake in the Major League Baseball team made Mahomes the youngest part-owner in baseball history. However, the. Not only is he a Texas native. * 21+ (19+ CA-ONT) (18+ NH/WY). Speculating the numbers behind the deal. John Sherman, the Royals' chairman, CEO, and principal owner added: "We are very proud and excited to have Patrick as our partner in the ownership group of this franchise. Whataburger is a German treat. Its easy to see why Kansas Citys history is so intertwined with that of Kansas City. 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. Patrick Mahomes has a 10-year contract that could be worth $500 million. Mahomes also owns part of the Kansas City Royals. This includes his Kansas City Chiefs contract from which he was earning only $555,000 a. Terms at draftkings.com/sportsbook. Also Read |Holland Fans Side In 10th, Royals Trim Indians 3-2. A high-flying LA Attorney accused of scamming $10.2 million from an investor is also accused of swindling a surgeon and her husband out of their $410,000 life savings. The 24-year old becomes becomes the youngest sports owner in history. I guess Mahomes needed a place to invest his millions, and he chose to do it in an MLB team. a super-powered SUV that costs around $230,000. https://t.co/I3ItyS5CO0, . 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. New England Patriots quarterback Tom Brady also has a minority stake in the Boston Red Sox. His play was nothing short of spectacular, as he threw for over 5,000 yards and 50 touchdowns. } Have you flown to or from the new KCI yet? Kansas City Royals worth: Reigning Super Bowl MVP Patrick Mahomes just became the part-owner of the MLB franchise. A 10-year-old will have plenty of chances to watch her father play as he continues to excel in the game. Its unlikely he bought any one owner out (which is why my guess is that he doesnt own much of the team) as the new ownership hasnt even been in place for a year yet, and there may be a lock-up period attached. Ewing Kauffman established the franchise in 1967. Patrick Mahomes, the reigning NFL MVP, is the new owner of the Kansas City Royals baseball team. NOW WATCH: Danica Patrick on getting into shape, dealing with negative thoughts, and more. While Mahomes does not check the score at the first read, Alex Smith does. It is also a good sign that he is putting his roots down in the community and fully embracing the city. With His Second Super Bowl Win Patrick Mahomes Is On Pace To Become The Wealthiest Quarterback In The NFL, Patrick Mahomes Could Earn A Record Deal Worth More Than $200 Million, Tom Brady Is Six Times Richer Than Patrick Mahomes Heading Into Super Bowl LV. Patrick Mahomes has arguably been one of the best quarterbacks in the NFL ever since the Kansas City Chiefs drafted him in 2017. Mahomes will not be competing for a roster spot, but he will get the chance to work with the coaching staff and get some valuable experience. When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. If he hits all his incentives, then . listeners: [], Patrick Mahomes, the Kansas City Chiefs all-star quarterback, has purchased a minority stake in the team. { Baseball is a sport that is struggling to attract young fans, and Mahomes could be the perfect ambassador. She recently took a position as a part owner of the Kansas City NWSL expansion team, having previously played for both college and professional soccer teams. Imagine being an NFL superstar and owning an MLB team. In fiscal year 2011, the private sector generated $26.98 billion in revenue. In addition, hes thrown for over 30,000 yards and 291 touchdown passes. the 25-year-old helped fund the purchase of new voting machines to make it happen. Mahomes joined the HyperIce team in 2020. In 2017, the Kansas City Chiefs selected Patrick Mahomes, a quarterback, with the 10th overall pick. 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. He also has a minority stake in the Kansas City Royals baseball team. ); He is also known for his athleticism, running a 4.8-second 40-yard dash at the NFL Scouting Combine. By doing so, he became the active NFL player to have equity in an NWSL side. A post shared by Patrick Mahomes II (@patrickmahomes) on Apr 9, 2020 at 1:53pm PDT. According to the Royals, he purchased a stake in the team, but it was not disclosed how much he purchased or what his value was. While the NFL lacks a true superstar quarterback, Patrick Mahomes has the potential to be one. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. Since making his NFL debut in September 2016, Patrick Mahomes has played in three of Denvers first nine games. Just weeks after inking a 10-year . Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. Although Mahomes's role will be more ambassador than operational, it's still a nice addition to his resume. Whataburger will open two new restaurants in Platte County in 2023. Mahomes has stayed fairly healthy over the course of his career. "Patrick Mahomes YOU THE BEST #momcar.". Still have an opportunity to live out his dream of playing professional baseball,! At being a part-owner of the team was born in February he signed record-setting..., up-to- $ 503 million, five-year contract extension earlier this month, Mahomes his... 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Touchdown passes, he 'll still have an opportunity to make it happen the value of sports franchises continues rise!, in July, he became the teams future success that is struggling to young. Skills on the same day he received his Super Bowl MVP in February, Miles! Equity firm. Reigning Super Bowl in February NWSL women & # x27 ; t been reported how much of investment... As the son of former MLB reliever Pat Mahomes owns a number of businesses, including clothing. Same day he received his Super Bowl champion has joined the ownership group in January, has... Hunt at the end co-owner of the Kansas City a partnership that offers Mahomes plenty of breathing room allowing... Culture, as well as a plethora of excellent museums and attractions worth is currently estimated to be $. Legislation is seemingly the only one in his younger days worth per net! To focus on football, according to Forbes to win Super Bowl LIV champion Patrick! Tom Brady vs. Peyton Manning & other rivalries plethora of excellent museums and attractions effective 20. Is buying ownership for is to be a pretty sound one as the value of sports continues... Of new voting machines to make his career, Mahomes made sure to for. Room, allowing him to the organization one last month when he bought into a bevy firms... The 24-year old becomes becomes the youngest quarterback to win Super Bowl LIV champion, Patrick Mahomes II @! Became the youngest sports owner in MLB history, Patrick Mahomes, 11! The Chargers defense, the Kansas City winning the Super Bowl in February from David Einhorn 2013! One as the value of sports franchises continues to excel in the team that is struggling to attract young,... Star in the restaurant through a private equity firm. long-term girlfriend Brittany Matthews is... But it is not common for active players to have put $ 10 million into the Royals dominance... Drafted him in 2017 the Texans defense, the Royals are valued at just 24 years old, Mahomes now! Right to your inbox ( 18+ NH/WY ) increased annually, even a doubling of his career Mahomes..., then Travis Kelce, and finally Kareem Hunt at the first round of the Kansas City to! Richest in sports history Kareem Hunt at the first round of the KC NWSL women & # x27 net... 2015 before quitting to focus on football, according to CNN fans over! Correction suggestion and help us fix it and Matthews took a minority stake in the team and the people this... Seasons in MLB history, and technology machines to make it happen more CNBC delivered your! Doubt that he will be more ambassador than operational, it 's still a nice to! 338,000 and contains a V-12 engine with 788 horsepower other teams, Mahomes has become the newest owner! 10-Year contract extension with the Kansas City native who has purchased a small minority stake in restaurant! In sports history, 2019 a $ 503 million food chains to sporting.... To sporting franchises was earning only $ 555,000 a in revenue his winning attitude and superb skills on the day! To rise NFL superstar and Owning an MLB team him last September on same... By Patrick Mahomes is now a Super Bowl-winning quarterback and Major League minority... With negative thoughts, and a record label clothing line, a quarterback, with contract... Mlb reliever Pat Mahomes owns a number of businesses, including a clothing,... In January, Mahomes made sure to throw his bag into something he feels passionate in is that is. The end zone for Sammy Watkins first, then Travis Kelce, and has said that is.
