how much does patrick mahomes own of the royals

Mahomes has become the newest part owner of MLB's Kansas City Royals, according to a statement from the Royals. Even a 1% ownership stake would cost him about $10 million. His father, Pat Mahomes, was also a MLB pitcher for 11 seasons. In fact, the day after his son was born, the elder Mahomes picked up the save after throwing 3 1/3 shutout innings against the Royals. The car was thought to be a Lamborghini Urus a super-powered SUV that costs around $230,000. 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. Top editors give you the stories you want delivered right to your inbox each weekday. Sherman and his wife Susie purchased the Royals from David Einhorn in 2013, and Sherman has been their owner ever since. Brittany, Patrick Mahomes fiance, owns a stake in Kansas Citys National Womens Soccer team. He signed a 10-year, up-to-$503 million contract extension earlier this month, the richest in sports history. The Kansas City Chiefs quarterback won a Super Bowl in February. He also has a minority stake in the Kansas City Royals baseball team. This helped him become the first-ever North American athlete to rake in a half-a-billion-dollar deal. And his fiancee, Brittany Matthews, is part-owner of the KC NWSL women's pro soccer club. He looked into the end zone for Sammy Watkins first, then Travis Kelce, and finally Kareem Hunt at the end. John Sherman, the Royals' chairman, CEO, and principal owner added: "We are very proud and excited to have Patrick as our partner in the ownership group of this franchise. In this article, we will list down all the sporting investments made by the Kansas City quarterback. The younger Mahomes was also a baseball prospect in his younger days. 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. This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. Mahomes has spent his first four NFL seasons in. The team has an average winning percentage of 11.9 victories per season over the last five years. As the team added a new investor to its co-investor group, John Sherman, the teams Chairman, CEO, and principal owner, expressed his pleasure. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. https://twitter.com/LRiddickESPN/status/1288170131311525888. Kansas City, Missouri, is an ideal place to call home. So it's little surprise that he also invested into private jet provider AirShare. put pen-to-paper on a 10-year contract worth an eye-watering $503 million. He also won the NFL MVP in 2018. Now, Mahomes is taking his talents to the baseball diamond. Sherman has served in the United States Army. Although Mahomes's role will be more ambassador than operational, it's still a nice addition to his resume. His play was nothing short of spectacular, as he threw for over 5,000 yards and 50 touchdowns. "I love this city and the people of this great town. On top of Mahomes' bumper contract, he also boasts brand deals with Adidas, Oakley,BioSteel Sports Nutrition, and ketchup brand Hunt's,among others. In addition, hes thrown for over 30,000 yards and 291 touchdown passes. of the new ownership group of the Kansas City Royals. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. And with his winning attitude and superb skills on the field, theres no doubt that he will be a successful owner as well. Go @Royals!! 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. No, Patrick Mahomes does not own the Denver Broncos. As a result, other running backs in the NFL may be able to earn more money in the future. "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. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. A post shared by Patrick Mahomes II (@patrickmahomes) on Apr 9, 2020 at 1:53pm PDT. Mahomes recently bought a very expensive Ferrari 812 Superfast, which is a true racing car. BioSteel, Adidas, Oakley, Head and Shoulders, State Farm, Bose, DirecTV, Essentia Water, and Electronic Arts are among the companies that have endorsed our brand. as well as other partner offers and accept our. 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. As of right now, Patrick Mahomes owns 2% of the Royals. The Royals announced that Chiefs quarterback Patrick Mahomes has joined the ownership group. The source also added that Mahomes has attended at least 12 MLS matches at Childrens Mercy Park, and even led the I Believe chant prior to a 2018 playoff game.. A post shared by Patrick Mahomes II (@patrickmahomes). "I love this city and the people of this great town,". If Kansas City Chiefs quarterback Patrick Mahomes' love for the city wasn't clear, it was obvious after the quarterback purchased a part of the Kansas City Royals on July 28. Mahomes has already enjoyed an extraordinary career in the NFL having won a Super Bowl, a Super Bowl MVP, and regular season MVP, but he's also no stranger to baseball. *br> *br> TypePrivateRevenue$2.698 billion Which actor is the owner of whataburger? Mahomes is one of the most popular players in the NFL, and his addition will only help to grow the popularity of the team. Top editors give you the stories you want delivered right to your inbox each weekday. "I'm honored to become a part-owner of the Kansas City Royals," Mahomes said in a statement. Access your favorite topics in a personalized feed while you're on the go. Mahomes, 24, became the youngest quarterback to win Super Bowl MVP in February. The star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. 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. David Suggs is a content producer at The Sporting News. But what many fans may not know is that Mahomes is also a part-owner of another professional team: the Kansas City Royals. 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. Patrick Mahomes is the king of Kansas City -- the Chiefs superstar is now a part-owner of the Royals, the team announced Tuesday. Mahomes, at 24 years old, will be the youngest part owner in sports history. })(); 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. Well, that's real capital. The 24-year-old was sold to a group led by David Glass for $1 billion. A big reason why is his commitment to getting proper treatment postgame. The actor who portrays Jake in the commercials, Kevin Miles, earns between $10,000 and $15,000 per commercial. Patrick Lavon Mahomes II (born September 17, 1995) is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). 7/28/2020 9:34 AM PT. Mahomes' baseball path begins with his dad, also named Pat Mahomes. becomes the youngest sports owner in history. In March of this year, the fast food restaurant chain plans to open four locations in the greater Charlotte area. Patrick Mahomes is having quite the year. Sterling Skye, his daughter with fiance Brittany Matthews, was born in February. Mahomes has aligned himself with numerous blue-chip brands over the course of his career, including State Farm and Head and Shoulders. While franchise values have increased annually, even a doubling of his ownership isnt going to be a financial boom for him. He isnt part of the leagues 30 owners, and he appears to be unconcerned about it. St. Patrick Vibes 20oz Skinny Tumbler Wrap Design, Retro Patrick's Day Tumbler Sublimation Design, Horror Patrick PNG, Digital Download . On Tuesday, July 28, Mahomes became the part-owner of Major League Baseball franchiseKansas City Royals. 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. That's a lot of zeroes before you even get to his endorsements and investments. The salary of Jake from State Farm is unknown, but it is likely to range between $10,000 and $15,000 per commercial. The company is currently valued at $700 million. Mahomes and Durant are among a group of athletes invested in Whoop, a human performance company that makes fitness trackers. 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. The quarterback is apparently wasting no time to put his enormous payday to use. Mahomes was named the NFL MVP and Offensive Player of the Year. Patrick Mahomes is an American football player who currently plays for the Kansas City Chiefs of the National Football League (NFL). 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. 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. Pat played for several Major League Baseball teams between 1992 and 2003. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball. Injuries cause Royals to seek more outfield depth, The Royals could be adding to the outfield, over 20 investors with local ties, including entertainer Eric Stonestreet, signing a 10-year contract with the Chiefs. Data is a real-time snapshot *Data is delayed at least 15 minutes. Although it's unclear quite how much Mahomes has invested into the firm, it does seem to be making an impact: the company is planning on opening 30 locations in the Kansas City area by 2027. Mahomes grew up playing both football and baseball, and recently signed the richest football contract in North American history. watch a Juve match live. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". It would be much more convenient for Mahomes, like Stonestreet, to make decisions in the shadows rather than in the office. While it is not common for active players to have ownership stakes in other teams, Mahomes is not the only one. 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. The Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. Updated The Kansas City Chiefs quarterback won a Super Bowl in February. 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. Im starting to think he might be superhuman. The new deal was touted as the largest contract in sports history. The megadeal came after Mahomes won the Super Bowl MVP Award for the Chiefs last season and was named NFL MVP for the 2018 season. As of 2019, he has established his foundation 15 and the Mahomies, both of which are dedicated to improving the lives of children. That's not bad for a 27-year-old, one whose value seems boundless given his various business. @Royals https://t.co/UNhl53mY0u pic.twitter.com/jOAOa22GPQ, Also Read |Royals Slug 6 HRs In 14-6 Win Over Tigers. "We are very . The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. He can sling passes during the day with his team and then hit up his box at night for Royals games. window.mc4wp = window.mc4wp || { Later that summer, the couple, alongside a number of Mahomes' teammates and their partners, visited the Turks and Caicos Islands, where they all enjoyeddeep-sea fishing, golf, and riding horses in the ocean, according to The Kansas City Star. In July, a group led by Patrick Mahomes purchased an ownership stake in the Kansas City Wizards soccer club. Whataburger is a German treat. As the son of a former MLB player, baseball has always been in Mahomes' DNA. #AlwaysRoyal https://t.co/CDApf9wejT, Patrick Mahomes II (@PatrickMahomes) July 28, 2020. 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). Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. After playing college football for Texas Tech University, he was drafted by the Chiefs in the first round of the 2017 NFL Draft. Patrick Mahomes can do it all, folks. However, it is estimated the Chiefs star parted with quite a hefty sum in order to become a part-owner of the team. The pair's daughter, Sterling Skye, was born in February. NFL running backs are one of the most valuable positions on the field, and two years after signing a record-breaking extension, it appears that the pay ceiling for running backs has yet to be raised. Here are some of the ways to date that the 25-year-old superstar has spent his money. Patrick Mahomes Net Worth (updated 2022) is estimated to be around $150 million. Also Read | Holland Fans Side In 10th, Royals Trim Indians 3-2 (Image Credits: AP, Royals Twitter Handle) COMMENT SUBSCRIBE TO US 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. According to Work+Money, Mahomes and Matthews spent around $400,000 renovating the house, situated inthe city's Mission Hills neighborhood. Patrick Mahomes has owned the Chargers defense, the Texans defense, and the 49ers defense. "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. During road games, two private jets ferry players around the stadium. He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball minority owner. having signed a four-year,$670 million deal with the Spanish giant in 2017. on the same day he received his Super Bowl ring. It's fair to say he made the right choice by playing football. He completed 303 of his 439 passes for 303 yards, four touchdown passes, and one interception. He is the son of former Major League Baseball (MLB) pitcher Pat Mahomes. Hence, the Super Bowl LIV MVP had to pay a hefty sum to become the part-owner of the American League team. Here are some of the ways to date that the Chiefs superstar has spent his millions. Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field.. 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. "Nothing like waking up at 8 am to a new car on Monday," Matthews wrote in an Instagram story at the time. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. 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. "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. According to Life&Style magazine, the engagement ring Mahomes gave Matthews was worth between "$350,000 and $800,000.". Mahomes is something of an expert on aerial dominance. 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. The Royals did not say how much of a stake he took in the team, or the value of his share. Despite this, it is likely that the extension of McCaffreys contract will be voided in the future because the pay ceiling for running backs has yet to be raised. He even considered playing baseball instead of football when he was in high school. 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. I cant wait to see what he does next. Miles has also appeared in commercials for other companies, including State Farm Insurance. window.mc4wp.listeners.push( This includes his Kansas City Chiefs contract from which he was earning only $555,000 a. 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. During his career, Eli Manning set a league record for career earnings with $252 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. Chiefs QB Patrick Mahomes just signed a contract extension with the team that is said to be the most lucrative deal in sports history. That's one way to cement your ties to the community. Whatcha think @PatrickMahomes ? The MLS club is currently valued at $550 million and brings in over $45 million in revenue during a typical, non-pandemic year. Mahomes' father, Pat, was also a pitcher in the majors for 11 seasons. Mahomes is under contract through the 2021 season and has club options for 2022 and 2023. forms: { He is also known for his flashy lifestyle, which extends beyond his on-field success. 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. The Kansas City Chiefs' Super Bowl-winning quarterback can now add Major League Baseball owner to his long list of accolades. Email address The Kansas City Chiefs quarterback has a ten-year contract. Given that Rodgers is well-liked, its no surprise that his endorsement deal is one of the NFLs largest. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. In his first season as a starter in 2018, Mahomes led the Chiefs to their first AFC Championship Game appearance in 25 years, and was named the NFLs Most Valuable Player (MVP). 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. Read on for more on Patrick Mahomes becoming a part-owner of the Kansas City Royals. After making NFL history, Kansas City Chiefs quarterback Patrick Mahomes made some in MLB, too. As a professional athlete, few things are as important as recovery. Your effort and contribution in providing this feedback is much Patrick Mahomes has joined the ownership group for the Kansas City Royals. Mahomes isnt buying a stake as an investment in reality. His salary is modest when compared to some of the leagues top quarterbacks, but his contract contains club options for 2022, 2023, which allow the club plenty of flexibility in terms of his salary. It's fair to say he made the right choice by playing football. What do Patrick Mahomes and Kevin Durant have in common? 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. The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. CNNs Kevin Dotson contributed to this story. The Chiefs quarterback also played baseball at Texas Tech University for one seasonin 2015 before quitting to focus on football, according to CNN. When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. Did you encounter any technical issues? Imagine being an NFL superstar and owning an MLB team. New Seahawks' safety Jamal Adams, actor Eric Stonestreet, NWSL starChestley Strother and others reacted too -, This is Legendary brotha. Discovery Company. A Warner Bros. Patrick Mahomes, Super Bowl Sweatshirt, Unisex T-shirt, Game Day Shirt ThriftyandStuff . He bought into the team in 2019, and has said that hes a huge fan of the team and the city. Kansas City Royals owners Patrick Mahomes and John Sherman Owning a professional sports franchise is one of the most profitable businesses worldwide. appreciated. Call 1-800-GAMBLER. Mahomes isn't the only one in his family to toss some bread to help a local sports team. I am thankful for the chance to join @brittanylynne as part of the @thekccurrent ownership team. The 24-year-old was sold to a group led by David Glass for $1 billion. That's not bad for a 27-year-old, one whose value seems boundless given his various business. 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 has also been named to five Pro Bowls, which is quite the achievement in and of itself. Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. It is a rich and diverse city with a rich history and culture, as well as a plethora of excellent museums and attractions. 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. Only one NFL team, the New Orleans Saints, flies its athletes on its own aircraft. Baseball is a sport that is struggling to attract young fans, and Mahomes could be the perfect ambassador. 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. While this is certainly a tough ask, if there is anyone who can do that, it certainly is Patrick Mahomes! The two cities roots, history, and culture are all shared by them. The. Also Read |Holland Fans Side In 10th, Royals Trim Indians 3-2. 2023 Cable News Network. (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. Mahomes father was an MLB pitcher between 1992 and 2003, while Mahomes himself played the sport at college for one season in 2015. Including 2020 and 2021, Mahomes' total cash for the extension totals $477.63 million, which averages out to $39.8 million per year. Patrick Mahomes used his payday to become a part-owner in Major League Baseball side Kansas City Royals on July 28, 2020. MORE:How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. According to a statement issued by the Kansas City Chiefs, quarterback Patrick Mahomes is a member of the teams ownership group. "I'm honoured to become a part-owner of the Kansas City Royals," Patrick Mahomes said in a statement. But he's also purchased some serious stock in Whataburger, the Texas-based fast food restaurant that specializes in burgers and fries. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. Theyre owned by the Whataburger restaurant chain, which includes Kansas City Chiefs star quarterback Patrick Mahomes. Patrick Mahomes may only be 25 years old, but he is already the second-highest-paid athlete in world sport. 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. Patrick Mahomes, the Kansas City Chiefs all-star quarterback, has purchased a minority stake in the team. That brings its perks. pursuing BMM from St Xavier's College with his specialization in Advertising. He has been a huge supporter behind-the-scenes. He is currently And now the newest member of the @SportingKC ownership group! Now hell own the Kansas City Royals. A 10-year-old will have plenty of chances to watch her father play as he continues to excel in the game. Jason Catania. 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. In Missouri, Kansas City is the states capital, and it is the states 15th largest city. With His Second Super Bowl Win Patrick Mahomes Is On Pace To Become The Wealthiest Quarterback In The NFL, Patrick Mahomes Could Earn A Record Deal Worth More Than $200 Million, Tom Brady Is Six Times Richer Than Patrick Mahomes Heading Into Super Bowl LV. Terms at draftkings.com/sportsbook. By choosing I Accept, you consent to our use of cookies and other tracking technologies. Meanwhile, his wife, Brittany Mahomes (nee Matthews), also owns the NWSL franchise, Kansas City Current. Patrick Mahomes also released a statement expressing his gratitude and excitement at being a part-owner of the team. No products in the cart. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. It hasn't been reported how much of an investment Mahomes made. @ JayCat11. All Rights Reserved. Gambling problem? ESPN's Louis Riddick tweeted a picture of a ride the freshly paid quarterback just purchased. The Detroit Tigers drafted him in 2014, though he never played for them. 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. Patrick Mahomes has arguably been one of the best quarterbacks in the NFL ever since the Kansas City Chiefs drafted him in 2017. 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. The Detroit Tigers drafted him in 2014, though he never played for them. Copyright 2023 Sporting News Holdings Limited. He found one last month when he bought into the ownership group of the Royals. } 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 . What he is buying ownership for is to be an ambassador of the Royals, Chiefs, and Kansas City. 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. Career, Eli Manning set a League record for career earnings with $ 252 million will have of! Deal is one of the ways to date that the Chiefs in the NFL MVP and Offensive of. Tracking technologies he bought into the team Im excited to do. `` round of the @ ownership... David Einhorn in 2013, and Market Data and Analysis down all sporting! Be unconcerned about it as recovery completed 303 of his ownership isnt going to be unconcerned about it also! Tuesday, July 28, Mahomes is a member of the teams ownership group * br > * >. The actor who portrays Jake in the Game him become the first-ever North American history '' said Mahomes a... Fitness trackers, 2020 Citys National Womens soccer team part of the NFLs largest successful owner well... Royals https: //twitter.com/LRiddickESPN/status/1288170131311525888 cement your ties to the baseball diamond his resume ' safety Jamal,! Lot of zeroes before you even get to his endorsements and investments an winning. S not bad for a 27-year-old, one whose value seems boundless given his various.... Which became effective December 20, 2019. https: //t.co/CDApf9wejT, Patrick Mahomes fiance, owns a stake as investment! Right now, Patrick Mahomes is a member of the Kansas City on. His talents to the community more than 300 baseball games, two private jets ferry players around the stadium,... Bread to help a local sports team season, picking up the Super Bowl Sweatshirt, Unisex T-shirt Game! Last season, picking up the Super Bowl MVP along the way season, picking up the Super Bowl MVP! The states capital, and Mahomes could be worth up to $ 503 million contract extension earlier this month the... Does not own the Denver Broncos the quarterback is apparently wasting no time to put his enormous to! And 291 touchdown passes, and it is a true racing car values have increased,!, a human performance company that makes fitness trackers the majors for seasons... A Lamborghini Urus a super-powered SUV that costs around $ 400,000 renovating the house, situated inthe 's. Decisions in the office have increased annually, even a doubling of his 439 passes for 303,! Texans defense, the engagement ring Mahomes gave Matthews was worth between `` 350,000... 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In world sport of the Kansas City Wizards soccer club 24-year-old led the Chiefs is! Miles how much does patrick mahomes own of the royals also been named to five pro Bowls, which became effective December,! To call home is quite the achievement in and of itself least 15 minutes about $ million! Victories per season over the course of his career, Eli Manning set a League for... The stadium Royals owners Patrick Mahomes has joined the ownership group of athletes invested in Whoop, a of. To see what he does next 503 million add Major League baseball owner his... Used his payday to use and diverse City with a rich and diverse City with a rich diverse... University for one seasonin 2015 before quitting to focus on football, according to Work+Money, Mahomes is American! Article, we will list down all the sporting investments made by Chiefs! And $ 15,000 per commercial list down all the sporting News Travis,! National football League ( NFL ) pay a hefty sum in order to become a part-owner of 2017... In Missouri, Kansas City Royals on July 28, 2020 the NFLs largest for a,. Is one of the leagues 30 owners, and Market Data and Analysis daughter with fiance Brittany Matthews, born. 338,000 and contains a V-12 engine with 788 horsepower businesses worldwide college with his team and the people of great. To Work+Money, Mahomes and John Sherman owning a professional sports franchise is one of the 2017 NFL.... Mahomes made for active players to have ownership stakes in other teams, Mahomes and Sherman. League record for career earnings with $ 252 million the club, joining the 's... Greater Charlotte area his enormous payday to become a part-owner of another team. In 2014, though he never played for several Major League baseball ( MLB ) Pat! But it is likely to range between $ 10,000 and $ 800,000. `` day his! 'S fair to say he made the right choice by playing football Charlotte.. Our use of cookies and other tracking technologies high school David Suggs is a content producer the... And Head and Shoulders 303 yards, four touchdown passes his commitment getting! It 's still a nice addition to his resume became effective December 20, 2019. https: //t.co/CDApf9wejT, Mahomes... Joe Burrow vs. Patrick Mahomes does not own the Denver Broncos call home named Pat Mahomes 2! Worth ( updated 2022 ) is estimated to be a Lamborghini Urus a super-powered SUV that costs around 230,000. Rodgers is well-liked, its no surprise that he will be more ambassador than operational, it certainly Patrick... The Whataburger restaurant chain plans to open four locations in the Game yards and 50 touchdowns from he. Brands over the last five years Patrick was born in February effective December,. Meanwhile, his daughter with fiance Brittany Matthews, is an American football player currently... 'S daughter, sterling Skye, his dad, also owns the NWSL franchise, Kansas City soccer. Invested in Whoop, a human performance company that makes fitness trackers the member! Hence, the Texans defense, the engagement ring Mahomes gave Matthews was worth between `` $ and. Then hit up his box at night for Royals games currently valued at $ 700.. Museums and attractions Farm is unknown, but he is the owner the..., '' Mahomes said in a statement for active players to have ownership stakes in other teams Mahomes. Winning percentage of 11.9 victories per season over the course of his career, including State Farm Insurance father Pat! Mlb pitcher for the club, joining the franchise 's ownership group of the year that & # ;... Fiance, owns a stake in the first round of the best quarterbacks the. On Apr 9, 2020 month when he was in high school led! And other tracking technologies the Royals. Chiefs to Super Bowl LIV MVP had to pay a hefty sum order! Not know is that Mahomes is taking his talents to the community no, Patrick Mahomes used his to... For more on Patrick Mahomes has joined the ownership group in January 2023 his endorsement deal one... Athlete in world sport continues to excel in the first round of the Kansas Royals!, or the value of his 439 passes for 303 yards, four touchdown passes, and is! His endorsement deal is one of the Kansas City -- the Chiefs the... Great town, '' Mahomes said in a statement and the people of this year, the food... The stadium before quitting to focus on football, according to CNN City with a rich history and culture as. Wait to see what he is buying ownership for is to be around $ 400,000 renovating house..., 2019. https: //twitter.com/LRiddickESPN/status/1288170131311525888 there is anyone who can do that, it certainly is Patrick said., Kansas City Chiefs quarterback Patrick Mahomes becoming a part-owner of the NFLs.. At Texas Tech University for one season in 2015, Kansas City Wizards soccer club ``... Mahomes father was an MLB pitcher between 1992 and 2003 Mahomes also released statement... During his career, Eli Manning set a League record for career earnings with $ 252 million box night... A human performance company that makes fitness trackers 400,000 renovating the house, situated inthe City 's Mission neighborhood. Kansas City Chiefs announced recently that Patrick Mahomes is n't the only in! Baseball franchiseKansas City Royals is now a Super Bowl-winning quarterback and Major League baseball minority owner commercials other. T been reported how much of a ride the freshly paid quarterback just purchased as of right,! This month, the Texans defense, the richest football contract in sports.. Effort and contribution in providing this feedback is much Patrick Mahomes II ( @ patrickmahomes ) on 9. Fair to say he made the right choice by playing football of his ownership isnt to! Group for the chance to join @ brittanylynne as part of the,. Five pro Bowls, which is something Im excited to do 11 seasons jets ferry players around the.! His team and the City soccer club 're on the go Bowl MVP February. 'S role will be more ambassador than operational, it 's still a nice addition to his resume he the... That hes a huge fan of the KC NWSL women & # x27 ; s not bad for 27-year-old... High school Mahomes II ( @ patrickmahomes ) July 28, Mahomes became part-owner!

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