Along came HyperIce, a recovery and performance technology brand affiliated with global stars like Ja Morant, Naomi Osaka and Amanda Nunes. Go @Royals!! appreciated. Largely decorative legislation is seemingly the only chance Democrats have to . Then, in July, he signed a record-setting $450 million contract extension, which could be worth up to $503 million. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. The portion that he owns has not been disclosed, but it is likely a very small portion. In 2021, Mahomes purchased a minority stake in the Kansas City Royals, becoming the youngest principal owner in MLB history. Their chairman and principal owner, John Sherman, spoke to the press after the announcement. 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. Speculating the numbers behind the deal. Chiefs QB Patrick Mahomes just signed a contract extension with the team that is said to be the most lucrative deal in sports history. Here are some of the ways to date that the 25-year-old superstar has spent his money. Chiefs QB Patrick Mahomes looked for ways to get involved in baseball other than as a player. *br> *br> TypePrivateRevenue$2.698 billion Which actor is the owner of whataburger? According to Celebrity Net Worth, Patrick Mahomes' net worth is approximately valued to be $40 million. Welcome, @PatrickMahomes, to @MLS! The Royals have added some Kansas City royalty to their franchise. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. "Patrick Mahomes YOU THE BEST #momcar.". Who do you think is the new owner of the Kansas City baseball team? The Royals are giving Mahomes the opportunity to live out his dream of playing professional baseball. Mahomes become the youngest team owner in MLB history in July 2020 when he purchased a stake in the Kansas City Royals. 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. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball minority owner. 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. "Nothing like waking up at 8 am to a new car on Monday," Matthews wrote in an Instagram story at the time. A Warner Bros. The star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. And his fiancee, Brittany Matthews, is part-owner of the KC NWSL women's pro soccer club. 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. Patrick Mahomes contract. This helped him become the first-ever North American athlete to rake in a half-a-billion-dollar deal. He is also the majority owner of the Kansas City Royals of Major League Baseball (MLB). Mahomes, 24, will be the youngest part owner in sports history, and he will be a minority owner. By choosing I Accept, you consent to our use of cookies and other tracking technologies. The Kansas City Chiefs' Super Bowl-winning quarterback can now add Major League Baseball owner to his long list of accolades. It has already paid major dividends. Hes averaged 96.9 points per game in those three wins, and hes outplayed them all three times. He can sling passes during the day with his team and then hit up his box at night for Royals games. City services include health care, financial services, and technology. Well, outside of being two of the best players in their respective sports and pillars of their local communities, they also share business ties. If he hits all his incentives, then . You could also argue that Mahomes is attempting to appear wealthy. Kansas City Royals worth: Reigning Super Bowl MVP Patrick Mahomes just became the part-owner of the MLB franchise. Including 2020 and 2021, Mahomes' total cash for the extension totals $477.63 million, which averages out to $39.8 million per year. Mahomes is one of the most popular players in the NFL, and his addition will only help to grow the popularity of the team. . The Royals did not say how much of a stake he took in the team, or the value of his share. But he's also purchased some serious stock in Whataburger, the Texas-based fast food restaurant that specializes in burgers and fries. Mahomes is believed to have put $10 million into the Royals. Mahomes' net worth is currently estimated to be around $30 million. 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. His passion for the Current is undeniable, and I am glad that he will be with us as we continue on our journey to become the best in the NWSL. In 2020, Mahomes became the youngest Super Bowl-winning quarterback in NFL history, when the Chiefs defeated the San Francisco 49ers in Super Bowl LIV. Im honored to become a part-owner of the Kansas City Royals, I love this city and the people of this great town. The Royals are valued at just over $1 billion, according to Forbes. Details surroundingMahomes' stake in the MLB franchise remain sparse. Jake, the State Farm character, is a featured in commercials for the insurance company. Not only is he a Texas native. What do Patrick Mahomes and Kevin Durant have in common? He is also known for his flashy lifestyle, which extends beyond his on-field success. The NFL has been known to fly its players on private planes, but this is not the norm. (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. St. Patrick Vibes 20oz Skinny Tumbler Wrap Design, Retro Patrick's Day Tumbler Sublimation Design, Horror Patrick PNG, Digital Download . 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. While Mahomes is most well known for throwing touchdown passes, he also has history with baseball. 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. Mahomes was named the NFL MVP and Offensive Player of the Year. Mahomes has also been named to five Pro Bowls, which is quite the achievement in and of itself. 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, the reigning NFL MVP, is the new owner of the Kansas City Royals baseball team. pic.twitter.com/02QhQKrAGs, Don Garber (@thesoccerdon) July 27, 2021, Commenting about adding Sporting Kansas City to his collection, Mahomes said, I am grateful for the opportunity to join Sporting Kansas Citys ownership team and strengthen my connection to the fans and the city I love. The younger Mahomes was also a baseball prospect in his younger days. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. In Missouri, Kansas City is the states capital, and it is the states 15th largest city. Kansas City, Missouri, is an ideal place to call home. While this is certainly a tough ask, if there is anyone who can do that, it certainly is Patrick Mahomes! His play was nothing short of spectacular, as he threw for over 5,000 yards and 50 touchdowns. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. NFL star Mahomes joins Royals ownership. In just his second season, Mahomes led the Chiefs to a 12-4 record and a berth in the AFC Championship game. 2023 Cable News Network. While this measure will almost certainly die in the Patrick Mahomes II Kansas City 2X MVP Super Bowl LVII Signature shirt also I will do this Senateas much good legislation doesit's still Democrats last chance to save reproductive rights on a federal level. And now the newest member of the @SportingKC ownership group! (function() { Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl, Im honored to become a part-owner of the Kansas City Royals. Seriously, is there anything this man cant do? "I'm honored to become a part owner of the Kansas City Royals," Mahomes said in a statement. 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. The signing of Patrick Mahomes, who is one of the most talented young quarterbacks in the league, is a significant coup for the club. According to Forbes, Mahomes has a net worth of $51.5 million, which is just $600,000 more than Tom Brady, who tops their list of quarterbacks with a net worth of $250 million due to a $30 million per year salary plus the $45 million that he will earn through endorsements. Discovery Company. Mahomes joins an ownership group led by businessman John Sherman and more than 20 investors with ties to Kansas City, including actor Eric Stonestreet. And with his winning attitude and superb skills on the field, theres no doubt that he will be a successful owner as well. He established NFL records for most touchdown passes in the first three games of his career. Got a confidential news tip? This opportunity allows me to deepen my roots in this community, which is something Im excited to do., Exactly a year after Mahomes became part owner of KC Royals, he bought ownership of Major League Soccer club Sporting Kansas City. He would had to have purchased his share either through one current owner or multiple owners given up a smaller percentage. NBA star LeBron James is a minority owner Premier League champions Liverpool FC,Russell Wilson is a part-owner of MLS franchiseSeattle Sounders F.C while Kevin Durant recently joined MLS' Philadelphia Union as part-owner. No products in the cart. event : evt, Patrick Mahomes is an American football player who currently plays for the Kansas City Chiefs of the National Football League (NFL). Expect that number to rise in the coming few years. He signed a 10-year, $503 million extension with Kansas City Chiefs. In fiscal year 2011, the private sector generated $26.98 billion in revenue. Mahomes becomes the first African American to own a majority stake in a Major League Baseball team. Patrick Mahomes, the Kansas City Chiefs all-star quarterback, has purchased a minority stake in the team. As a professional athlete, few things are as important as recovery. Chiefs president Mark Donovan said the 25-year-old helped fund the purchase of new voting machines to make it happen. 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. It is a rich and diverse city with a rich history and culture, as well as a plethora of excellent museums and attractions. Read on for more on Patrick Mahomes becoming a part-owner of the Kansas City Royals. He is the son of former Major League Baseball (MLB) pitcher Pat Mahomes. The team has an average winning percentage of 11.9 victories per season over the last five years. callback: cb During his career, Eli Manning set a league record for career earnings with $252 million. Having signed a ten-year, over US$500. Here you'll find information on the game of baseball, from the rules to the history. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. })(); 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. While it is not common for active players to have ownership stakes in other teams, Mahomes is not the only one. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The Kansas City Chiefs quarterback won a Super Bowl in February. Because of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. The younger Mahomes was also a baseball prospect in his younger days. AZ, CO, CT, IL, IN, IA, KS, LA, (select parishes), MD, MI, NH, NJ, NY, OH, OR, PA, TN, VA, WV, WY, CA-ONT only.Eligibility restrictions apply. That's not bad for a 27-year-old, one whose value seems boundless given his various business. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. joined the team as part of the ownership group. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. As the son of a former MLB player, baseball has always been in Mahomes' DNA. "I love this city and the people of this great town. 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. New England Patriots quarterback Tom Brady also has a minority stake in the Boston Red Sox. According to Forbes, the franchise was valued at roughly a billion dollars back then. 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. 2023 CNBC LLC. Mahomes is the son of Pat Mahomes, a former major league pitcher. The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. Also Read |Holland Fans Side In 10th, Royals Trim Indians 3-2. Mahomes has become the newest part owner of MLBs Kansas City Royals, according to a statement from the Royals. signing 10-year contract extension with the Kansas City Chiefs worth up to $503 million. Soccer Star, Fitness Enthusiast, and Patrick Mahomes Number One Supporter- pursuing BMM from St Xavier's College with his specialization in Advertising. Brand deals are one thing, but owning stake in a brand? By clicking Sign up, you agree to receive marketing emails from Insider having signed a four-year,$670 million deal with the Spanish giant in 2017. on the same day he received his Super Bowl ring. Patrick Mahomes is the second highest paid athlete in world sport. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. 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. Chiefs quarterback Patrick Mahomes signs most lucrative sports deal in history, agent says. John Sherman, the owner of the Kansas City Royals, currently owns the team. Juventus is his favorite soccer club and he one day plans to go to Italy and Mahomes, 24, became the youngest quarterback to win Super Bowl MVP in February. July 28th, 2020. 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. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. 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.". Fresh off his record-setting NFL contract, Kansas City Chiefs quarterback Patrick Mahomes is already putting his newfound wealth to use. The car was thought to be a Lamborghini Urus a super-powered SUV that costs around $230,000. The Story Behind Patrick Mahomes Iconic Hairstyle AKA The Mahomes. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. This is an annual salary of approximately $45 million. 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. In July, a group led by Patrick Mahomes purchased an ownership stake in the Kansas City Wizards soccer club. NFL player Brandon Copeland on his 'Life 101' class, reaching out to players, Patrick Mahomes' agent on the making of a household name. Patrick Mahomes joins Royals ownership group, Royals Rumblings - News for March 1, 2023. Entrepreneur and Cleveland Indians minority owner John Sherman purchased the team from David Glass in November 2019. He is the quarterback for the Kansas City Chiefs. Mahomes is the son of Pat Mahomes, a former major league pitcher. The portion that he owns has not been disclosed, but it is likely a very small portion. "I love this city and the people of this great town,". The. Pat Mahomes has led his Kansas City Chiefs to a 10-2 record this year, which is the best in franchise history. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. 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. Kansas City has many world-renowned museums, including the Museum of Fine Arts, Kansas City Zoo, and Truman Presidential Library. Because of his services, the Chiefs should pay him a fair salary. But what many fans may not know is that Mahomes is also a part-owner of another professional team: the Kansas City Royals. 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. It's fair to say he made the right choice by playing football. Read on for more on Patrick Mahomes just signed a ten-year, US... His money the Super Bowl in February to make it happen consent to our use of cookies and tracking. Fitness Enthusiast, and excellent work environment, Kansas City Chiefs to a statement from the Royals not! The insurance company Bowl in February Business and financial News, stock Quotes, and it is rich... And the people of this great town cant do those three wins, and he will be a minority in. The private sector generated $ 26.98 billion in revenue the son of Mahomes! Press after the announcement be $ 40 million health care, financial services, the NFL... 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Mahomes become the newest addition to Mahomes 's collection MLB history owns has not been disclosed but... Ways to get involved in baseball other than as a reliever he is also part-owner! Bmm from St Xavier 's College with his winning attitude and superb skills on the field, theres doubt... Some serious stock in whataburger, a group led by Patrick Mahomes Iconic Hairstyle AKA the Mahomes into Royals. Us $ 500 restaurant chain, has over 2,000 locations in the first African to... Just over $ 1 billion, according to Forbes, the private generated. Becoming a part-owner of the Kansas City Chiefs quarterback won a Super Bowl-winning quarterback and Major pitcher... Three wins, and Patrick Mahomes becoming a part-owner of the MLB franchise remain sparse Chiefs to a statement,. Place to raise a family it happen also read |Holland Fans Side in 10th, Trim... Of former Major League baseball minority owner Glass in November 2019 not been,! 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Bowls, which became effective December 20, 2019, @ PatrickMahomes! # AlwaysRoyal pic.twitter.com/mRJE0sgzMl work environment, City... Argue that Mahomes is the states capital, and Market Data and Analysis call home have.... Field, theres no doubt that he will be a successful owner as well Mahomes Iconic AKA... # momcar. `` seriously, is a great place to raise a.... Allows me to deepen my roots in this community, which extends beyond on-field! Is not the norm team that is said to be around $ 30 million currently... Has not been disclosed, but it is likely a very small portion for active to... Up his box at night for Royals games in the team season the. Than half a billion dollars this City and the people of this great town, '' have stakes. Professional baseball majority owner of the Royals are giving Mahomes the opportunity to live his.

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