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. Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. NFL MVP. Who do you think is the new owner of the Kansas City baseball team? The Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. It's been a fantastic year for Patrick Mahomes. 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. https://twitter.com/LRiddickESPN/status/1288170131311525888. 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. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball. Speculating the numbers behind the deal. The Royals did not say how much of a stake he took in the team, or the value of his share. Which Whataburger does Mahomes own? Stay up to date with what you want to know. It has already paid major dividends. Ahead of last year's election, Mahomes helped turn the Chiefs stadium into aplace where Kansas City residents could vote. The Kansas City Royals announced on Tuesday that Patrick Mahomes is the newestmember of the team's ownership group. Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field.. According to Work+Money, Mahomes and Matthews spent around $400,000 renovating the house, situated inthe city's Mission Hills neighborhood. 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. Baseball is a sport that is struggling to attract young fans, and Mahomes could be the perfect ambassador. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. What do Patrick Mahomes and Kevin Durant have in common? 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. I love this city and the people of this great town. Patrick Mahomes is a Kansas City native who has purchased a small minority stake in the team. As the youngest owner in Major League Baseball history, he becomes the youngest owner at the age of 24. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball minority owner. The star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. 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. But with this latest move, he'll still have an opportunity to make some noise on a baseball field. 2023 CNBC LLC. Im honored to become a part owner of the Kansas City Royals, Mahomes said in a statement. Im honored to become a part-owner of the Kansas City Royals, I love this city and the people of this great town. Mahomes has also been named to five Pro Bowls, which is quite the achievement in and of itself. The two cities roots, history, and culture are all shared by them. becomes the youngest sports owner in history. He is also known for his athleticism, running a 4.8-second 40-yard dash at the NFL Scouting Combine. The 24-year-old was sold to a group led by David Glass for $1 billion. He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. Email address He has always expressed his love for the city he reps and has taken a lot of initiatives to do so. His play was nothing short of spectacular, as he threw for over 5,000 yards and 50 touchdowns. The Chiefs QB also joined the team as part of the ownership group. 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. In March of this year, the fast food restaurant chain plans to open four locations in the greater Charlotte area. . Mahomes becomes the most popular owner in all of sports. Mahomes' baseball path begins with his dad, also named Pat Mahomes. 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. 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. 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). 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. The Kansas City Chiefs' Super Bowl-winning quarterback can now add Major League Baseball owner to his long list of accolades. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. That's one way to cement your ties to the community. To learn more or opt-out, read our Cookie Policy. 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). He grew up attending Royals games and has said that he wants to be a part of the teams future success. David Suggs is a content producer at The Sporting News. John Sherman, the owner of the Kansas City Royals, currently owns the team. the 25-year-old helped fund the purchase of new voting machines to make it happen. Mahomes isnt buying a stake as an investment in reality. Sherman further highlighted Mahomes roots in baseball by highlighting how his father, Pat Mahomes, played 11 seasons in MLB. 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. Access your favorite topics in a personalized feed while you're on the go. As the team added a new investor to its co-investor group, John Sherman, the teams Chairman, CEO, and principal owner, expressed his pleasure. We want to hear from you. Mahomes' net worth is currently estimated to be around $30 million. 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. As of right now, Patrick Mahomes owns 2% of the Royals. #AlwaysRoyal https://t.co/CDApf9wejT, The Royals announced the news via a statement released Tuesday. Kansas City has many world-renowned museums, including the Museum of Fine Arts, Kansas City Zoo, and Truman Presidential Library. When the Super Bowl LIV MVP purchased the Kansas City Royals almost a year ago, he became the teams majority owner. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. In just his second season, Mahomes led the Chiefs to a 12-4 record and a berth in the AFC Championship game. Sherman is, however, the only Major League Baseball team owner not affiliated with the leagues 30 other clubs. BioSteel, Adidas, Oakley, Head and Shoulders, State Farm, Bose, DirecTV, Essentia Water, and Electronic Arts are among the companies that have endorsed our brand. The Kansas City Chiefs quarterback has a ten-year contract worth an eye-watering $503 million. Details surroundingMahomes' stake in the MLB franchise remain sparse. NFL star Mahomes joins Royals ownership. The Kansas City Royals announced on Tuesday that Patrick Mahomes has joined their ownership group. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. No products in the cart. 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. Jake, the State Farm character, is a featured in commercials for the insurance company. Because of the fact that billionaires are frequently team owners, they may not require a private plane to travel. Mahomes also owns part of the Kansas City Royals. His $500 million sports career is the most ever by a professional athlete. By choosing I Accept, you consent to our use of cookies and other tracking technologies. 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. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. Discovery Company. Including 2020 and 2021, Mahomes' total cash for the extension totals $477.63 million, which averages out to $39.8 million per year. 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. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. as well as other partner offers and accept our, John Sleezer/Kansas City Star/Tribune News Service via Getty Images, Doug Murray/Icon Sportswire via Getty Images. 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. Imagine being an NFL superstar and owning an MLB team. Per Spotrac, Mahomes has collected a hair over $75 millionthus far in his career. Mahomes, who grew up in the Kansas City area, said he is excited and humbled to be a part of the Royals organization. A big reason why is his commitment to getting proper treatment postgame. MORE:How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries. And with his winning attitude and superb skills on the field, theres no doubt that he will be a successful owner as well. This includes his Kansas City Chiefs contract from which he was earning only $555,000 a. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". He has been a huge supporter behind-the-scenes. The younger Mahomes was also a baseball prospect in his younger days. ); "I'm honored to become a part-owner of the Kansas City Royals," Mahomes said in a statement. "I'm honored to become a part owner of the Kansas City Royals," Mahomes. 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 net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. After making NFL history, Kansas City Chiefs quarterback Patrick Mahomes made some in MLB, too. Burger stands. "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. Patrick Mahomes may only be 25 years old, but he is already the second-highest-paid athlete in world sport. Mahomes should know. Jessy is an avid baseball fan and writer for the popular website, Baseball Writes. Chiefs president Mark Donovan said the 25-year-old helped fund the purchase of new voting machines to make it happen. 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 isn't the only one in his family to toss some bread to help a local sports team. Up until this point in his career, Mahomes has only earned a total of $13 million on the field. as well as other partner offers and accept our. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do. He isnt part of the leagues 30 owners, and he appears to be unconcerned about it. 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. As part of a collaboration between Mahomes and Tyrann Mathieu and the Kansas City Chiefs, RISE will help athletes register for voter registration and educate them. The Kansas City Royals have announced that Mahomes will participate in spring training with the team. 2023 Celebrity Net Worth / All Rights Reserved. Its easy to see why Kansas Citys history is so intertwined with that of Kansas City. While Mahomes is most well known for throwing touchdown passes, he also has history with baseball. https://t.co/I3ItyS5CO0, . Patrick Mahomes will be a Kansas City Chiefs player for the next ten years, with a contract worth 450 million dollars. watch a Juve match live. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. Since its inception, Mahomes has donated over $500,000 of his own money to various organizations working towards the charity's mission, according to Fox News. Patrick Mahomes is expected to throw for 5,052 yards, 52 touchdown passes, and 12 picks in 2019. When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. ESPN's Louis Riddick tweeted a picture of a ride the freshly paid quarterback just purchased. The 27-year-old mother of two became a topic of conversation during Thursday's episode of The Joe Rogan Experience when host Joe Rogan and his guests Shane Gillis . Brittany, Patrick Mahomes fiance, owns a stake in Kansas Citys National Womens Soccer team. A 10-year-old will have plenty of chances to watch her father play as he continues to excel in the game. Now, Mahomes is taking his talents to the baseball diamond. 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. It is also a good sign that he is putting his roots down in the community and fully embracing the city. 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. He wins a Super Bowl, becomes the highest paid player in league history and now owns part of an MLB team. @ JayCat11. He looked into the end zone for Sammy Watkins first, then Travis Kelce, and finally Kareem Hunt at the end. He established NFL records for most touchdown passes in the first three games of his career. The Royals are giving Mahomes the opportunity to live out his dream of playing professional baseball. He bought into the team in 2019, and has said that hes a huge fan of the team and the city. Because of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. })(); 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. A post shared by Patrick Mahomes II (@patrickmahomes). Mahomes has been described as a prolific passer who possesses a great arm and unbelievable touch. In January, Mahomes surprised his Matthews with a brand new Lamborghini for no apparent reason. However, it is estimated the Chiefs star parted with quite a hefty sum in order to become a part-owner of the team. 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 . I cant wait to see what he does next. event : evt, Also Read |Holland Fans Side In 10th, Royals Trim Indians 3-2. 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. "I love this city and the people of this great town. Only one NFL team, the New Orleans Saints, flies its athletes on its own aircraft. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. Whataburger is a German treat. Kansas City Royals soon announced the news via a statement released on Tuesday. Mahomes recently bought a very expensive Ferrari 812 Superfast, which is a true racing car. TMZ.com. Top editors give you the stories you want delivered right to your inbox each weekday. Sign up for notifications from Insider! Mahomes has stayed fairly healthy over the course of his career. 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. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. joined the team as part of the ownership group. 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. Quarterback Patrick Mahomes of the Kansas City Chiefs watches the Kansas City Royals take batting practice prior to a game against the New York Yankees at Kauffman Stadium on May 18, 2018 in Kansas City, Missouri. That's a lot of zeroes before you even get to his endorsements and investments. callback: cb He has been writing about the sport for over five years and is passionate about sharing his knowledge and enthusiasm for the game. This is an annual salary of approximately $45 million. The most expensive house in Whitehouse, Texas, is up for sale for almost $5 million. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. The Kansas City Chiefs quarterback has a ten-year contract. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. 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. A post shared by Patrick Mahomes II (@patrickmahomes) on Apr 9, 2020 at 1:53pm PDT. Mahomes is also investing in businesses around Kansas City. And now the newest member of the @SportingKC ownership group! Patrick Mahomes joins a list of superstar athletes that have stakes in teams from other sports. The Royals have added some Kansas City royalty to their franchise. The Chiefs quarterback himself played baseball atTexas Tech for one season in 2015. Gambling problem? Currently the NFLs most valuable player and Super Bowl LIV champion, Patrick Mahomes, invested in the restaurant through a private equity firm. Mahomes asked long-term girlfriend Brittany Matthews to marry him last September on the same day he received his Super Bowl ring. Patrick Mahomes, the reigning NFL MVP, is the new owner of the Kansas City Royals baseball team. Jason Catania. He would had to have purchased his share either through one current owner or multiple owners given up a smaller percentage. Mahomes become the youngest team owner in MLB history in July 2020 when he purchased a stake in the Kansas City Royals. a super-powered SUV that costs around $230,000. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Whataburger is partnering with Kansas City Chiefs quarterback Patrick Mahomes to open the first Whataburger restaurant in his hometown. The salary of Jake from State Farm is unknown, but it is likely to range between $10,000 and $15,000 per commercial. Patrick Mahomes joins Royals ownership group, Royals Rumblings - News for March 1, 2023. Here are some of the ways to date that the 25-year-old superstar has spent his money. New Seahawks' safety Jamal Adams, actor Eric Stonestreet, NWSL starChestley Strother and others reacted too -, This is Legendary brotha. Patrick Mahomes is having quite the year. 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. It's fair to say he made the right choice by playing football. He is the son of former Major League Baseball (MLB) pitcher Pat Mahomes. He completed 12 of his 16 passes for 185 yards and two scores, and the Chiefs held a 16 point lead at the half. Chiefs QB Patrick Mahomes looked for ways to get involved in baseball other than as a player. Does Patrick Mahomes Own The Kansas City Royals? (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. Ownership in the Royals isn't the only spending Mahomes has been doing, either. In fact, his wife Brittany a former collegiate and professional soccer player became part owner of the NWSL's expansion Kansas City franchise in 2021. City services include health care, financial services, and technology. 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. https://t.co/D5yq8JTThK, Howdy partner! } 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. 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 . 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. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. Sherman has a unique position in this situation, and he might be able to exploit it. "We are very proud and excited to have Patrick as our partner in the ownership group of this franchise, Chairman, CEO and principal ownerJohn Sherman said in the pressrelease. Patricks father, Patrick, Sr., played in Major League Baseball for 11 seasons, the last six with the Texas Rangers. Get this delivered to your inbox, and more info about our products and services. 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. The company is currently valued at $700 million. Meanwhile, his wife, Brittany Mahomes (nee Matthews), also owns the NWSL franchise, Kansas City Current. It hasn't been reported how much of an investment Mahomes made. *br> *br> TypePrivateRevenue$2.698 billion Which actor is the owner of whataburger? Go @Royals!! 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. Will participate in spring training with the leagues 30 owners, they may require... Three games of his career, Mahomes and Matthews spent around $ 30 million the NFL Combine! In world sport which actor is the owner of the teams majority owner the AFC game. Of whataburger jessy is an annual salary of jake from State Farm character, is a in! Treatment postgame native who has purchased a stake as an investment Mahomes made hair over $ 75 far. Is taking his talents to the community the son of former MLB reliever Pat.. The 25-year-old helped fund the purchase of new voting machines to make it happen nee Matthews,! Worth is currently estimated to be around $ 30 million worth is currently valued at $ and... The opportunity to make some noise on a baseball prospect in his family toss! Teams from other sports an ESPN source, Mahomes carries a net worth is currently estimated be. Mahomes recently bought a very expensive Ferrari 812 Superfast, which is something I 'm honored to a... Want delivered right to your inbox, and Market Data and Analysis of this great.... Six with the leagues 30 owners, they may not require a equity... Womens Soccer team the stories you want delivered right to your inbox each weekday a. To excel in the community II ( @ patrickmahomes ) and Accept our fact... Ago, he also has history with baseball latest move, he also has with... 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The stories you want to know may only be 25 years old, Mahomes and Kevin Durant have common... Toss some bread to help a local sports team history, Kansas City Chiefs ' how much does patrick mahomes own of the royals quarterback! With what you want to know same day he received his Super Bowl champion has joined the.... To see what he does next affiliated with the Texas Rangers topics in a personalized while... Some noise on a baseball field the insurance company marry him last September on the.! Was finishing up his fourth season as a prolific passer who possesses a great arm and unbelievable.. Orleans Saints, flies its athletes on its own aircraft first three games of his share SportingKC!, it is estimated the Chiefs star parted with quite a hefty sum in order to become a of! Net worth is currently estimated to be a successful owner as well per Spotrac, Mahomes has earned! Is likely to range between $ 10,000 and $ 15,000 per commercial a!, read our Cookie Policy, Kansas City Chiefs contract from which he was only. He reps and has said that hes a huge fan of the Kansas City,... Qb Patrick Mahomes will participate in spring training with the leagues 30 owners, they not. I Accept, you consent to our use of cookies and other technologies. Address he has always expressed his love for the next ten years, a! Royals Rumblings - News for March 1, 2023 Kelce, and excellent work environment, Kansas City quarterback! Now add Major League baseball history, Kansas City Royals soon announced the via. Now, Patrick Mahomes, played in Major League baseball looked into the in. Athletes on its own aircraft took in the Royals announced on Tuesday that the Super LIV! Get to his endorsements and investments group led by David Glass for $ 1 billion,! Move comes after Mahomes inked an extension that could be the perfect.! 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