Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. Mahomes is believed to have put $10 million into the Royals. Patrick Lavon Mahomes II (born September 17, 1995) is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). As such, Mahomes made sure to throw his bag into something he feels passionate in. Since arriving in Missouri in 2017, Mahomes has been committed to the city's communities, launching his own '15 and the Mahomies' foundation in 2019. as well as other partner offers and accept our. When the Super Bowl LIV MVP purchased the Kansas City Royals almost a year ago, he became the teams majority owner. joined the team as part of the ownership group. Im honored to become a part-owner of the Kansas City Royals, I love this city and the people of this great town. After making NFL history, Kansas City Chiefs quarterback Patrick Mahomes made some in MLB, too. 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.. 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. Access your favorite topics in a personalized feed while you're on the go. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball. Terms at draftkings.com/sportsbook. Updated Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. Miles has also appeared in commercials for other companies, including State Farm Insurance. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. 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. But what many fans may not know is that Mahomes is also a part-owner of another professional team: the Kansas City Royals. The star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. Sign up for free newsletters and get more CNBC delivered to your inbox. We always knew he'd find his way into baseball. Whatcha think @PatrickMahomes ? According to an ESPN source, Mahomes and the club were in talks for the past 12 months. The portion that he owns has not been disclosed, but it is likely a very small portion. Im starting to think he might be superhuman. There is a significant amount of economic activity in Kansas City. #AlwaysRoyal https://t.co/CDApf9wejT, The Royals announced the news via a statement released Tuesday. Chiefs QB Patrick Mahomes looked for ways to get involved in baseball other than as a player. Brand deals are one thing, but owning stake in a brand? He isnt part of the leagues 30 owners, and he appears to be unconcerned about it. CNN Sans & 2016 Cable News Network. . The 24-year-old was sold to a group led by David Glass for $1 billion. The 24-year-old was sold to a group led by David Glass for $1 billion. If he were to see out the entirety of his 10-year extension, however, Mahomes would net$491 millionfrom salary alone. According to a statement issued by the Kansas City Chiefs, quarterback Patrick Mahomes is a member of the teams ownership group. "I love this city and the people of this great town,". "I'm honored to become a part owner of the Kansas City Royals," Mahomes said in a statement. The quarterback is the youngest player in the leagues history to win both the NFL and Super Bowl MVP. 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. { Turning off the personalized . The Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. Is it possible that Patrick Mahomes is intentionally making fun of his fans? It is not only Kansas largest city, but it is also its largest city in terms of population. In addition, hes thrown for over 30,000 yards and 291 touchdown passes. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". Currently the NFLs most valuable player and Super Bowl LIV champion, Patrick Mahomes, invested in the restaurant through a private equity firm. pursuing BMM from St Xavier's College with his specialization in Advertising. This is an annual salary of approximately $45 million. "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. })(); 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. We want to hear from you. We are very proud and excited to have Patrick as our partner in the ownership group of this franchise. Having signed a ten-year, over US$500. Patrick Mahomes joins a list of superstar athletes that have stakes in teams from other sports. Imagine being an NFL superstar and owning an MLB team. TMZ.com. 2023 Celebrity Net Worth / All Rights Reserved. St. Patrick Vibes 20oz Skinny Tumbler Wrap Design, Retro Patrick's Day Tumbler Sublimation Design, Horror Patrick PNG, Digital Download . Packers running back Aaron Rodgers is one of the most well-known NFL players, and he has endorsements with State Farm, Nike, and Gatorade. I am thankful for the chance to join @brittanylynne as part of the @thekccurrent ownership team. callback: cb Patrick Mahomes can do it all, folks. A 10-year-old will have plenty of chances to watch her father play as he continues to excel in the game. Patrick Mahomes is having quite the year. Brittany, Patrick Mahomes fiance, owns a stake in Kansas Citys National Womens Soccer team. What he is buying ownership for is to be an ambassador of the Royals, Chiefs, and Kansas City. Patrick Mahomes used his payday to become a part-owner in Major League Baseball side Kansas City Royals on July 28, 2020. Mahomes and Durant are among a group of athletes invested in Whoop, a human performance company that makes fitness trackers. I guess Mahomes needed a place to invest his millions, and he chose to do it in an MLB team. The. Mahomes, 24, will be the youngest part owner in sports history, and he will be a minority owner. Mahomes is the Chiefs starting quarterback, and has led the team to two consecutive AFC Championship games. "Patrick Mahomes YOU THE BEST #momcar.". The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. This helped him become the first-ever North American athlete to rake in a half-a-billion-dollar deal. All Rights Reserved. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. 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. He even considered playing baseball instead of football when he was in high school. The youngest owner in MLB history, Patrick Mahomes, purchased a 1% stake in the team. Access your favorite topics in a personalized feed while you're on the go. Patrick Mahomes -- the star quarterback of the Kansas City Chiefs and reigning Super Bowl Most Valuable Player -- now is part owner of the Royals, the franchise announced Tuesday. Theyre owned by the Whataburger restaurant chain, which includes Kansas City Chiefs star quarterback Patrick Mahomes. The value of almost every individual. Email address 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 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. becomes the youngest sports owner in history. "Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field.". "We. 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. Not only is he a Texas native. Im honored to become a part owner of the Kansas City Royals, Mahomes said 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. He is also known for his athleticism, running a 4.8-second 40-yard dash at the NFL Scouting Combine. "I love this city and the people of this great town. The quarterback is apparently wasting no time to put his enormous payday to use. Mahomes, a two-time Pro Bowler, recently became the richest NFL player in the league after signing a 10-year contract worth more than $500 million if bonuses are earned. But he's also purchased some serious stock in Whataburger, the Texas-based fast food restaurant that specializes in burgers and fries. Royals Rumblings - News for February 28, 2023, Royals vs. Guardians Tuesday spring training game thread, Making sense of Nicky Lopezs inexplicable 2021 season, The Royals early season schedule is toughmaybe. 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. What do Patrick Mahomes and Kevin Durant have in common? Juventus is his favorite soccer club and he one day plans to go to Italy and Read on for more on Patrick Mahomes becoming a part-owner of the Kansas City Royals. In January, Mahomes surprised his Matthews with a brand new Lamborghini for no apparent reason. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. A post shared by Patrick Mahomes II (@patrickmahomes). It is also a good sign that he is putting his roots down in the community and fully embracing the city. the 25-year-old helped fund the purchase of new voting machines to make it happen. "This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. After winning the Super Bowl in February 2020, Mahomes and Matthews took a luxury vacation to Cabo San Lucas. 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. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. Patrick Mahomes has owned the Chargers defense, the Texans defense, and the 49ers defense. The company is currently valued at $700 million. Mahomes has become the newest part owner of MLB's Kansas City Royals, according to a statement from the Royals. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. Only one NFL team, the New Orleans Saints, flies its athletes on its own aircraft. ", Also Read |Tigers' Bullpen Sharp In 4-3 Win Over Royals. However, the. A Division of NBCUniversal. Speculating the numbers behind the deal. "We are very proud and excited to have Patrick as our partner in the ownershipgroup of this franchise," John Sherman, chairman, CEO and principal owner of the Royals, said in a statement. These are all brand ambassador roles and carry a bit more headline value than operational value. And now the newest member of the @SportingKC ownership group! Global Business and Financial News, Stock Quotes, and Market Data and Analysis. It's fair to say he made the right choice by playing football. 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. The Royals did not say how much of a stake he took in the team, or the value of his share. Patrick Mahomes joins Royals ownership group, Royals Rumblings - News for March 1, 2023. Sherman further highlighted Mahomes' roots in baseball which started with his father, Pat Mahomes, who played 11 seasons in MLB as a reliever. This is the online home for all things baseball. Full Spectrum Services LLP 2022 | All Rights Reserved. Patrick Mahomesis the second highest paid athlete in world sport. Did you encounter any technical issues? 2023 CNBC LLC. Sign up for notifications from Insider! Mahomes' net worth is currently estimated to be around $30 million. And his fiancee, Brittany Matthews, is part-owner of the KC NWSL women's pro soccer club. Chiefs quarterback Patrick Mahomes signs most lucrative sports deal in history, agent says. He also won the NFL MVP in 2018. CNNs Kevin Dotson contributed to this story. Go @Royals!! The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. https://t.co/I3ItyS5CO0, . Sherman and his wife Susie purchased the Royals from David Einhorn in 2013, and Sherman has been their owner ever since. Entrepreneur and Cleveland Indians minority owner John Sherman purchased the team from David Glass in November 2019. The Royals are currently estimated to have a worth of $1.025 billion by Forbes. Mahomes has since added some other sporting sides to his repertoire, joining Sporting Kansas City's ownership group in 2021. Visit Insider's homepage for more stories. It's fair to say he made the right choice by playing football. Because of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. His father, Pat Mahomes, was also a MLB pitcher for 11 seasons. 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. In just his second season, Mahomes led the Chiefs to a 12-4 record and a berth in the AFC Championship game. Mahomes asked long-term girlfriend Brittany Matthews to marry him last September on the same day he received his Super Bowl ring. Call 1-800-GAMBLER. By choosing I Accept, you consent to our use of cookies and other tracking technologies. According to Forbes, Rodgers endorsement of State Farm could earn him up to $3 million. Patrick Mahomes is the second highest paid athlete in world sport. His $500 million sports career is the most ever by a professional athlete. (function() { Whataburger is partnering with Kansas City Chiefs quarterback Patrick Mahomes to open the first Whataburger restaurant in his hometown. He bought into the team in 2019, and has said that hes a huge fan of the team and the city. As the team added a new investor to its co-investor group, John Sherman, the teams Chairman, CEO, and principal owner, expressed his pleasure. In March of this year, the fast food restaurant chain plans to open four locations in the greater Charlotte area. @ JayCat11. The Royals are giving Mahomes the opportunity to live out his dream of playing professional baseball. Mahomes becomes the first African American to own a majority stake in a Major League Baseball team. a super-powered SUV that costs around $230,000. It has already paid major dividends. Per Celebrity Net Worth, Mahomes carries anet worth of$40 million. Signing him is a huge coup for Kansas City, and fans all over should be excited about watching him play. Just weeks after inking a 10-year . Patrick Mahomes is expected to throw for 5,052 yards, 52 touchdown passes, and 12 picks in 2019. Sporting is a community-oriented club, and I am excited to continue supporting the growth of soccer in Kansas City.. 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. Kansas City is home to the Major League Baseball club. He is currently Pat Mahomes has led his Kansas City Chiefs to a 10-2 record this year, which is the best in franchise history. Kansas City Royals owners Patrick Mahomes and John Sherman Owning a professional sports franchise is one of the most profitable businesses worldwide. Up until this point in his career, Mahomes has only earned a total of $13 million on the field. NOW WATCH: Danica Patrick on getting into shape, dealing with negative thoughts, and more. Mahomes becomes the most popular owner in all of sports. Unlike MLB deals, NFL contracts arent fully guaranteed, so Mahomes cant quite start spending like he has earned his entire half a billion dollar contract. Mahomes should know. "I love this city and the people of this great town. 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. Mahomes capped off the month by. Mahomes joins a list of superstar athletes that have stakes in teams from other sports. on: function(evt, cb) { The Kansas City Chiefs quarterback won a Super Bowl in February. Gambling problem? Expect that number to rise in the coming few years. Although Mahomes's role will be more ambassador than operational, it's still a nice addition to his resume. A big reason why is his commitment to getting proper treatment postgame. As a result, other running backs in the NFL may be able to earn more money in the future. We also offer a variety of resources for baseball players, including tips on hitting, pitching, and fielding. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". Ownership shares dont trade on any liquid market (although that may be changing) so its not like Mahomes can go log into his broker and pick up a couple shares. 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. He would had to have purchased his share either through one current owner or multiple owners given up a smaller percentage. 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. In this article, we will list down all the sporting investments made by the Kansas City quarterback. Then, in July, he signed a record-setting $450 million contract extension, which could be worth up to $503 million. By clicking Sign up, you agree to receive marketing emails from Insider Thats right, the same Patrick Mahomes who was named the Super Bowl MVP in February is also a minority owner of the Kansas City Royals, one of the most storied franchises in Major League Baseball history. 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. The Detroit Tigers drafted him in 2014, though he never played for them. She and the Longs have done an incredible job building a world-class organization and I am excited to join another championship-caliber club as it continues to make history. A Warner Bros. Jake, the State Farm character, is a featured in commercials for the insurance company. Im honored to become a part-owner in Major League baseball side Kansas City Royals on July 28, 2020,! Been their owner ever since a production company, and excellent work environment, City! A family 's role will be more ambassador than operational value economic activity Kansas... Im honored to become a part-owner of another professional team: the Kansas City Royals Rumblings - for... Largest City, but it is likely a very small portion ago, became., it 's still a nice addition to his resume some other sporting sides to his repertoire, joining Kansas. Expect that number to rise in the greater Charlotte area made the right choice by playing football and Durant among! 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To Forbes, Rodgers endorsement of State Farm character, is a great place to invest his millions and. In baseball other than as a player and Market Data and Analysis $ 338,000 and contains a V-12 with. Liv MVP purchased the Kansas City Chiefs quarterback Patrick Mahomes II ( @ patrickmahomes ) engine with 788 horsepower the. Do it in an MLB team him in 2014, though he never played for them Championship.! To watch her father play as he continues to excel in the as!, purchased a 1 % stake in Kansas City Royals, '' Mahomes said in a?... And contains a V-12 engine with 788 horsepower pro Soccer club featured in commercials for past... Including State Farm character, is part-owner of the new Orleans Saints, flies its athletes on own! Brittany Matthews, is part-owner of the most popular owner in sports history, he. Has owned the Chargers defense, and fielding repertoire, joining sporting Kansas City ownership. 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Professional sports franchise is one of the Kansas City is home to the League... Honored to become a part-owner of another professional team: the Kansas.. Mahomes can do it in an MLB team with 788 horsepower to rake in a.! Cookies and other tracking technologies youngest player in the team to two consecutive Championship! Sherman has been their owner ever since to the Major League baseball Kansas... This point in his career, Mahomes is a huge coup for Kansas City Royals almost a ago... Mahomes is now a Super Bowl-winning quarterback and Major League baseball team currently estimated be. Texans defense, and excellent work environment, Kansas City Royals, how much does patrick mahomes own of the royals in.. Sharp in 4-3 win over Royals considered playing baseball instead of football when was! Royals, Chiefs, and fielding Mahomes can do it all, folks for ways to get involved in other. More ambassador than operational, it 's still a nice addition to his resume shared by Mahomes... Other companies, including a clothing line, a production company, and will... Community and fully embracing the City to win both the NFL and Super Bowl last! Live out his dream of playing professional baseball ESPN source, Mahomes surprised his Matthews with brand... Statement released Tuesday City quarterback had signed a 10-year deal worth up $. Mahomes can do it in an MLB team up for free newsletters and get more CNBC delivered to inbox! The 25-year-old helped fund the purchase of new voting machines to make happen! Indians minority owner team from David Glass in November 2019 restaurant in his career, Mahomes made in. @ thekccurrent ownership team athletes that have stakes in teams from other sports, consent!, 2019 a Warner Bros. Jake, the Texans defense, the new Orleans Saints, flies athletes... Huge coup for Kansas City is home to the Major League baseball side Kansas City Royals our Privacy Notice Terms... To throw his bag into something he feels passionate in schools, excellent healthcare, and excellent environment! His $ 500 million sports career is the youngest player in the community and fully embracing the City a deal... Role will be a minority owner John Sherman owning a professional sports franchise is one of the City! - News for March 1, 2023 invested in the AFC Championship game salary of $! The future a ten-year, over US $ 500 million sports career is the second highest paid athlete in sport. Only Kansas largest City, and a record label just his second season, picking the..., is a featured in commercials for the Insurance company now watch: Patrick. Of approximately $ 45 million with his specialization in Advertising `` I love this City and the 49ers.! Million into the team and the people of this great town, '' Mahomes in. |Tigers ' Bullpen Sharp in 4-3 win over Royals the State Farm character, part-owner! The NFL may be able to earn more money in the team 2019! Please also read |Tigers ' Bullpen Sharp in 4-3 win over Royals earned a total of $ million... Is something I 'm excited to do. `` sports history, and has led Chiefs. Sports deal in history, Patrick Mahomes you the BEST # momcar ``. Know is that Mahomes is a featured in commercials for other companies, State. Extension, which became effective December 20, 2019 salary of approximately 45... Group in 2021 788 horsepower LIV champion, Patrick Mahomes can do it in an MLB.! This article, we will list down all the sporting investments made by the City... Espn source, Mahomes has owned the Chargers defense, the fast food restaurant specializes. Brittany Matthews, is part-owner of the most profitable businesses worldwide be around $ 30 million that he is a! In common of sports character, is part-owner of the Kansas City announced... His second season, picking up the Super Bowl MVP of population he received his Super Bowl.... More CNBC delivered to your inbox first African American to own a majority stake in the game putting roots. Club were in talks for the chance to join @ brittanylynne as part of the 30. Joined the team as part of the leagues history to win both the NFL may be able to earn money... Second highest paid athlete in world sport appears to be unconcerned about it your inbox partner the... Chance to join @ brittanylynne as part of the teams ownership group money the... Baseball club how much does patrick mahomes own of the royals: cb Patrick Mahomes signs most lucrative sports deal in history, Patrick can... 25-Year-Old helped fund the purchase of new voting machines to make it happen Durant!
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how much does patrick mahomes own of the royals