Suresh Menon is an NFL and Football writer at EssentiallySports. Then, in July, he signed a record-setting, , which could be worth up to $503 million. In this article, we will list down all the sporting investments made by the Kansas City quarterback. The Kansas City Royals announced on Tuesday that Patrick Mahomes is the newestmember of the team's ownership group. Whatcha think @PatrickMahomes ? Mahomes father was an MLB pitcher between 1992 and 2003, while Mahomes himself played the sport at college for one season in 2015. It's been a fantastic year for Patrick Mahomes. Earlier his month, Patrick Mahomes became the first North Americanathlete to rake in a half-a-billion dollar deal after he signed a10-year, $503 million extensionwith Kansas City Chiefs. 7/28/2020 9:34 AM PT. And his fiancee, Brittany Matthews, is part-owner of the KC NWSL women's pro soccer club. The Chiefs quarterback also played baseball at Texas Tech University for one seasonin 2015 before quitting to focus on football, according to CNN. Juventus is his favorite soccer club and he one day plans to go to Italy and Patrick Mahomes can do it all, folks. Harmon Dobson and Paul Burton opened the first restaurant for the company in Corpus Christi, Texas, in 1950. On the season, Mahomes is completing 65 percent of his passes, averaging 297 yards per game against the Broncos. 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. 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 has a net worth of $40 million and is one of the wealthiest people in the world. Sporting is a community-oriented club, and I am excited to continue supporting the growth of soccer in Kansas City.. Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. 2. According to Forbes, the franchise was valued at roughly a billion dollars back then. 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. Mahomes recently bought a very expensive Ferrari 812 Superfast, which is a true racing car. Copyright 2023 Sporting News Holdings Limited. } He would had to have purchased his share either through one current owner or multiple owners given up a smaller percentage. "We are very . Patrick Mahomes joins Royals ownership group, Royals Rumblings - News for March 1, 2023. 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. "This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. Your effort and contribution in providing this feedback is much A post shared by Patrick Mahomes II (@patrickmahomes) on Apr 9, 2020 at 1:53pm PDT. Got a confidential news tip? Patrick Mahomes #15 of the Kansas City Chiefs celebrates after defeating the San Francisco 49ers 31-20 in Super Bowl LIV at Hard Rock Stadium on February 02, 2020 in Miami, Florida. He signed a 10-year, $503 million extension with Kansas City Chiefs. Mahomes, at 24 years old, will be the youngest part owner in sports history. In addition, he is the youngest quarterback to throw for six touchdown passes in a game. All Rights Reserved. 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. 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. 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. "I'm honored to become a part owner of the Kansas City Royals," Mahomes said in a statement. Here you'll find information on the game of baseball, from the rules to the history. Since being drafted in the first round of the 2017 NFL Draft, Kansas City Chiefs quarterback Patrick Mahomes has taken the league by storm. But That Won't Be The Case For Long. The portion that he owns has not been disclosed, but it is likely a very small portion. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. 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.. I guess Mahomes needed a place to invest his millions, and he chose to do it in an MLB team. Terms at draftkings.com/sportsbook. When the Super Bowl LIV MVP purchased the Kansas City Royals almost a year ago, he became the teams majority owner. He looked into the end zone for Sammy Watkins first, then Travis Kelce, and finally Kareem Hunt at the end. The citys economy as a whole is also heavily reliant on tourism. I am thankful for the chance to join @brittanylynne as part of the @thekccurrent ownership team. signing 10-year contract extension with the Kansas City Chiefs worth up to $503 million. Not only is he a Texas native. He bought into the team in 2019, and has said that hes a huge fan of the team and the city. The MLS club has yet to accomplish much of anything since Mahomes bought a stake. It is also a good sign that he is putting his roots down in the community and fully embracing the city. Turning off the personalized . 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. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do. The quarterback is the youngest player in the leagues history to win both the NFL and Super Bowl MVP. 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. Now hell own the Kansas City Royals. We always knew he'd find his way into baseball. 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. In Missouri, Kansas City is the states capital, and it is the states 15th largest city. Christian McCaffrey, the Carolina Panthers all-time leading run-back, signed a $64 million extension in 2018. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. Sherman is, however, the only Major League Baseball team owner not affiliated with the leagues 30 other clubs. There is no denying that Patrick Mahomes is a rising star in the NFL. #AlwaysRoyal https://t.co/CDApf9wejT, Patrick Mahomes II (@PatrickMahomes) July 28, 2020. Patrick Mahomes Net Worth (updated 2022) is estimated to be around $150 million. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. "I'm honored to become a part-owner of the Kansas City Royals," Mahomes said in a statement. The salary of Jake from State Farm is unknown, but it is likely to range between $10,000 and $15,000 per commercial. You could also argue that Mahomes is attempting to appear wealthy. 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). 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. Data is a real-time snapshot *Data is delayed at least 15 minutes. By clicking Sign up, you agree to receive marketing emails from Insider Sherman further highlighted Mahomes' roots in baseball which started with his father, Pat Mahomes, who played 11 seasons in MLB as a reliever. Mahomes is the Chiefs starting quarterback, and has led the team to two consecutive AFC Championship games. Im starting to think he might be superhuman. The youngest owner in MLB history, Patrick Mahomes, purchased a 1% stake in the team. Is it possible that Patrick Mahomes is intentionally making fun of his fans? The Kansas City Royals announced on Tuesday that Patrick Mahomes has joined their ownership group. window.mc4wp = window.mc4wp || { As the team added a new investor to its co-investor group, John Sherman, the teams Chairman, CEO, and principal owner, expressed his pleasure. Kansas City is home to the Major League Baseball club. By doing so, he became the active NFL player to have equity in an NWSL side. Along came HyperIce, a recovery and performance technology brand affiliated with global stars like Ja Morant, Naomi Osaka and Amanda Nunes. Patrick Mahomes, the Kansas City Chiefs all-star quarterback, has purchased a minority stake in the team. event : evt, According to Celebrity Net Worth, Patrick Mahomes' net worth is approximately valued to be $40 million. Patrick Mahomes is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). Mahomes, who grew up in Tyler, Texas, is a huge baseball fan. There is a significant amount of economic activity in Kansas City. In 2017, the Kansas City Chiefs selected Patrick Mahomes, a quarterback, with the 10th overall pick. Access your favorite topics in a personalized feed while you're on the go. Whataburger is a German treat. "I love this city and the people of this great town,". Chiefs quarterback Patrick Mahomes signs most lucrative sports deal in history, agent says. *br> *br> TypePrivateRevenue$2.698 billion Which actor is the owner of whataburger? The purchase of this minority stake in the Major League Baseball team made Mahomes the youngest part-owner in baseball history. Although Mahomes's role will be more ambassador than operational, it's still a nice addition to his resume. The Kansas City Royals announced Patrick Mahomes addition to their ownership group via social media, officially welcoming him to the organization. He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. Chiefs QB Patrick Mahomes just signed a contract extension with the team that is said to be the most lucrative deal in sports history. Sherman has a unique position in this situation, and he might be able to exploit it. Patrick Mahomes joins a list of superstar athletes that have stakes in teams from other sports. Odds & lines subject to change. 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. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. At Texas Tech where he attended college, Mahomes played both football and baseball until his sophomore year, when he decided to focus on football. 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 isnt buying a stake as an investment in reality. Visit Insider's homepage for more stories. The Chiefs quarterback himself played baseball atTexas Tech for one season in 2015. "I love this city and the people of this great town. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. The son of former Major League Baseball (MLB) pitcher Pat Mahomes, he initially played college football and baseball at Texas Tech University.Following his sophomore year, he quit baseball to focus solely on football. Patrick Mahomes may only be 25 years old, but he is already the second-highest-paid athlete in world sport. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. The quarterback is apparently wasting no time to put his enormous payday to use. Updated < Kansas City Royals worth: How much of the Royals does Patrick Mahomes own? Baseball is a sport that is struggling to attract young fans, and Mahomes could be the perfect ambassador. He is the quarterback for the Kansas City Chiefs. Patrick Mahomes is expected to throw for 5,052 yards, 52 touchdown passes, and 12 picks in 2019. https://twitter.com/LRiddickESPN/status/1288170131311525888. Imagine being an NFL superstar and owning an MLB team. Brand deals are one thing, but owning stake in a brand? As a professional athlete, few things are as important as recovery. It is not only Kansas largest city, but it is also its largest city in terms of population. Here are some of the ways to date that the 25-year-old superstar has spent his money. The star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. Patrick Mahomes has a 10-year contract that could be worth $500 million. "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. 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. According to Forbes, Rodgers endorsement of State Farm could earn him up to $3 million. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. Mahomes, 24, will be the youngest part owner in sports history, and he will be a minority owner. Call 1-800-GAMBLER. Patrick Mahomes also owns MLS Club Sporting Kansas City Exactly a year after Mahomes became part owner of KC Royals, he bought ownership of Major League Soccer club Sporting Kansas City. Whataburger is partnering with Kansas City Chiefs quarterback Patrick Mahomes to open the first Whataburger restaurant in his hometown. His $500 million sports career is the most ever by a professional athlete. As the Royals rebuild their roster with young talent, Mahomes will be there to help them achieve their goals. 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. He is the son of former Major League Baseball (MLB) pitcher Pat Mahomes. The 24-year-old quarterback recently led the Kansas City Chiefs to victory in Super Bowl LIV, garnering Super Bowl MVP honors in the process, and then . Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. Have purchased his share either through one current owner or multiple how much does patrick mahomes own of the royals given a. Could also argue that Mahomes is expected to throw for six touchdown passes a. Deals are one thing, but it is likely a very small portion a year,... 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