Now hell own the Kansas City Royals. Patrick Mahomes also released a statement expressing his gratitude and excitement at being a part-owner of the team. Currently the NFLs most valuable player and Super Bowl LIV champion, Patrick Mahomes, invested in the restaurant through a private equity firm. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. He established NFL records for most touchdown passes in the first three games of his career. The Chiefs quarterback has bought into a bevy of firms, from food chains to sporting franchises. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. Theyre owned by the Whataburger restaurant chain, which includes Kansas City Chiefs star quarterback Patrick Mahomes. Sherman, in addition to owning the only MLB team without a membership in the league, is the sole owner of any other Major League Baseball franchise. Mahomes has become the newest part owner of MLB's Kansas City Royals, according to a statement from the Royals. It's been a fantastic year for Patrick Mahomes. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do. We also offer a variety of resources for baseball players, including tips on hitting, pitching, and fielding. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Theres no doubt at all hes the man! He has been writing about the sport for over five years and is passionate about sharing his knowledge and enthusiasm for the game. 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. Stay up to date with what you want to know. Sign up for notifications from Insider! After signing that mammoth contract $450 million contract extension in 2020, Mahomes made a series of investments in both local and national franchises. Patrick Mahomes, a member of the Kansas City Royals ownership group, has been appointed, the team announced on Tuesday. Chiefs quarterback Patrick Mahomes signs most lucrative sports deal in history, agent says. The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. forms: { Patrick Mahomesis the second highest paid athlete in world sport. This includes his Kansas City Chiefs contract from which he was earning only $555,000 a. Top editors give you the stories you want delivered right to your inbox each weekday. If thats not the definition of living the life, then I simply dont know what is. Patricks father, Patrick, Sr., played in Major League Baseball for 11 seasons, the last six with the Texas Rangers. That's one way to cement your ties to the community. "Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field.". As the youngest owner in Major League Baseball history, he becomes the youngest owner at the age of 24. 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 most expensive house in Whitehouse, Texas, is up for sale for almost $5 million. Patrick Mahomes has joined the ownership group for the Kansas City Royals. a super-powered SUV that costs around $230,000. Why did Mr. Narendra Modi buy the property? Up until this point in his career, Mahomes has only earned a total of $13 million on the field. New Seahawks' safety Jamal Adams, actor Eric Stonestreet, NWSL starChestley Strother and others reacted too -, This is Legendary brotha. ESPN's Louis Riddick tweeted a picture of a ride the freshly paid quarterback just purchased. Mahomes' net worth is currently estimated to be around $30 million. In addition, hes thrown for over 30,000 yards and 291 touchdown passes. Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). Kansas City has many world-renowned museums, including the Museum of Fine Arts, Kansas City Zoo, and Truman Presidential Library. The younger Mahomes was also a baseball prospect in his younger days. Patrick Mahomes Net Worth (updated 2022) is estimated to be around $150 million. Kansas City, Missouri, is an ideal place to call home. 2023 Celebrity Net Worth / All Rights Reserved. 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. 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. I love this city and the people of this great town. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. Only one NFL team, the New Orleans Saints, flies its athletes on its own aircraft. He is also the majority owner of the Kansas City Royals of Major League Baseball (MLB). By doing so, he became the active NFL player to have equity in an NWSL side. He also won the NFL MVP in 2018. Yes , Patrick Mahomes became a co-owner of the Kansas City Royals in July 2020 at only 24 years old. Have you flown to or from the new KCI yet? Burger stands. Patrick Mahomes is expected to throw for 5,052 yards, 52 touchdown passes, and 12 picks in 2019. 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. Updated He owns a 1% stake in Major League Baseball's Kansas City Royals, which has an estimated value of $12 million, according to Sportico.. It would be much more convenient for Mahomes, like Stonestreet, to make decisions in the shadows rather than in the office. The purchase of this minority stake in the Major League Baseball team made Mahomes the youngest part-owner in baseball history. He also has a minority stake in the Kansas City Royals baseball team. Congratulations! When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. Patrick Mahomes is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). It is a rich and diverse city with a rich history and culture, as well as a plethora of excellent museums and attractions. 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. The signing of Patrick Mahomes, who is one of the most talented young quarterbacks in the league, is a significant coup for the club. 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. Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. 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. The Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. Sherman is, however, the only Major League Baseball team owner not affiliated with the leagues 30 other clubs. 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. 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. Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. It has already paid major dividends. He also won the NFL MVP in 2018. A 10-year-old will have plenty of chances to watch her father play as he continues to excel in the game. Since being drafted in the first round of the 2017 NFL Draft, Kansas City Chiefs quarterback Patrick Mahomes has taken the league by storm. Whatcha think @PatrickMahomes ? 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. having signed a four-year,$670 million deal with the Spanish giant in 2017. on the same day he received his Super Bowl ring. Brand deals are one thing, but owning stake in a brand? Mahomes, 24, became the youngest quarterback to win Super Bowl MVP in February. As the holder of the biggest contract in NFL history, Patrick Mahomes is, among other things, filthy rich. He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. window.mc4wp.listeners.push( MORE:How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries. The value of almost every individual. 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. Pat Mahomes has led his Kansas City Chiefs to a 10-2 record this year, which is the best in franchise history. The MLS club is currently valued at $550 million and brings in over $45 million in revenue during a typical, non-pandemic year. Well, that's real capital. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. Patrick Mahomes contract. The Kansas City Royals announced Patrick Mahomes addition to their ownership group via social media, officially welcoming him to the organization. He grew up attending Royals games and has said that he wants to be a part of the teams future success. 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. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. A big reason why is his commitment to getting proper treatment postgame. According to a statement issued by the Kansas City Chiefs, quarterback Patrick Mahomes is a member of the teams ownership group. The MLS club has yet to accomplish much of anything since Mahomes bought a stake. Got a confidential news tip? The Kansas City Royals announced on Tuesday that Patrick Mahomes is the newestmember of the team's ownership group. Chiefs president Mark Donovan said the 25-year-old helped fund the purchase of new voting machines to make it happen. So it's little surprise that he also invested into private jet provider AirShare. Per Spotrac, Mahomes has collected a hair over $75 millionthus far in his career. Mahomes should know. Then, in July, he signed a record-setting, , which could be worth up to $503 million. The Story Behind Patrick Mahomes Iconic Hairstyle AKA The Mahomes. We are very proud and excited to have Patrick as our partner in the ownership group of this franchise. He signed a 10-year, up-to-$503 million contract extension earlier this month, the richest in sports history. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. Patrick Mahomes is an American football player who currently plays for the Kansas City Chiefs of the National Football League (NFL). Details surroundingMahomes' stake in the MLB franchise remain sparse. } The 24-year old becomes becomes the youngest sports owner in history. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. Kansas City Royals worth: Reigning Super Bowl MVP Patrick Mahomes just became the part-owner of the MLB franchise. on: function(evt, cb) { 4:13 PM EDT, Tue July 28, 2020. 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). 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. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. "This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. While this is certainly a tough ask, if there is anyone who can do that, it certainly is 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. 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. Who do you think is the new owner of the Kansas City baseball team? The younger Mahomes was also a baseball prospect in his younger days. 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. becomes the youngest sports owner in history. Mahomes has spent his first four NFL seasons in. As of 2019, he has established his foundation 15 and the Mahomies, both of which are dedicated to improving the lives of children. 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. Im honored to become a part owner of the Kansas City Royals, Mahomes said in a statement. Patrick Mahomes has a 10-year contract that could be worth $500 million. The Kansas City Chiefs quarterback has a ten-year contract worth an eye-watering $503 million. Mahomes asked long-term girlfriend Brittany Matthews to marry him last September on the same day he received his Super Bowl ring. Mahomes isnt buying a stake as an investment in reality. 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.". Juventus is his favorite soccer club and he one day plans to go to Italy and Data is a real-time snapshot *Data is delayed at least 15 minutes. Mahomes has become the newest part owner of MLBs Kansas City Royals, according to a statement from the Royals. Patrick Mahomes may only be 25 years old, but he is already the second-highest-paid athlete in world sport. July 28th, 2020. Patrick Mahomes has owned the Chargers defense, the Texans defense, and the 49ers defense. The youngest owner in MLB history, Patrick Mahomes, purchased a 1% stake in the team. Ewing Kauffman established the franchise in 1967. ", MORE:Patrick Mahomes' family tree: Meet the Chiefs QB's wife Brittany, brother Jackson, parents & kids. Miles has also appeared in commercials for other companies, including State Farm Insurance. Well, outside of being two of the best players in their respective sports and pillars of their local communities, they also share business ties. The Royals announced that Chiefs quarterback Patrick Mahomes has joined the ownership group. The Kansas City Chiefs quarterback won a Super Bowl in February. Mahomes is also investing in businesses around Kansas City. Email address Still, if Mahomes needed an advance to purchase a larger stake in the team (of say 2-3 percent), he would likely be able to find that in an owner-financed sale in which he would pay it off over time as more of his contract becomes guaranteed. In March of this year, the fast food restaurant chain plans to open four locations in the greater Charlotte area. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. Although Mahomes's role will be more ambassador than operational, it's still a nice addition to his resume. But with this latest move, he'll still have an opportunity to make some noise on a baseball field. Seriously, is there anything this man cant do? Welcome, @PatrickMahomes, to @MLS! But with this latest move, he'll still have an opportunity to make some noise on a baseball field. 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. Mahomes grew up playing both football and baseball, and recently signed the richest football contract in North American history. Mahomes become the youngest team owner in MLB history in July 2020 when he purchased a stake in the Kansas City 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. This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. Packers running back Aaron Rodgers is one of the most well-known NFL players, and he has endorsements with State Farm, Nike, and Gatorade. Hence, the Super Bowl LIV MVP had to pay a hefty sum to become the part-owner of the American League team. Go @Royals!! "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. Mahomes has since added some other sporting sides to his repertoire, joining Sporting Kansas City's ownership group in 2021. It hasn't been reported how much of an investment Mahomes made. 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.. Gambling problem? 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. The investment should be a pretty sound one as the value of sports franchises continues to rise. Mahomes' father, Pat, was also a pitcher in the majors for 11 seasons. After playing college football for Texas Tech University, he was drafted by the Chiefs in the first round of the 2017 NFL Draft. "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. 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. As of right now, Patrick Mahomes owns 2% of the Royals. All Rights Reserved. Patrick Mahomes has arguably been one of the best quarterbacks in the NFL ever since the Kansas City Chiefs drafted him in 2017. The Royals are valued at just over $1 billion, according to Forbes. #AlwaysRoyal https://t.co/CDApf9wejT, The Royals announced the news via a statement released Tuesday. Mahomes Jr. was reportedly even drafted byDetroit Tigers in the 2014 MLBAmateur Draft before he opted to make his career in the NFL instead. * 21+ (19+ CA-ONT) (18+ NH/WY). Mahomes is the Chiefs starting quarterback, and has led the team to two consecutive AFC Championship games. Full Spectrum Services LLP 2022 | All Rights Reserved. As the team added a new investor to its co-investor group, John Sherman, the teams Chairman, CEO, and principal owner, expressed his pleasure. 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. signing 10-year contract extension with the Kansas City Chiefs worth up to $503 million. On top of Mahomes' bumper contract, he also boasts brand deals with Adidas, Oakley,BioSteel Sports Nutrition, and ketchup brand Hunt's,among others. ); NFL MVP. I am thankful for the chance to join @brittanylynne as part of the @thekccurrent ownership team. the 25-year-old helped fund the purchase of new voting machines to make it happen. Mahomes was named the NFL MVP and Offensive Player of the Year. The portion that he owns has not been disclosed, but it is likely a very small portion. Airshare provides Kansas City Chiefs quarterback Alex Smith with a private jet. Submit a correction suggestion and help us fix it! Commercial flights have replaced traditional charter flights as the primary mode of transportation for NFL players. Kansas City Chiefs quarterback Patrick Mahomes has become the youngest owner in MLB history after purchasing a stake in the Kansas City Royals aged just 24. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. "I love this city and the people of this great town. By the end of his career, Drew Brees had made 245 million dollars, making him the NFLs all-time money leader. Mahomes capped off the month by. . "We are very . https://t.co/D5yq8JTThK, Howdy partner! League sources told ESPN's Adam Schefter that the deal is worth $450 . It is also a good sign that he is putting his roots down in the community and fully embracing the city. David Suggs is a content producer at The Sporting News. Top editors give you the stories you want delivered right to your inbox each weekday. He would had to have purchased his share either through one current owner or multiple owners given up a smaller percentage. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". A post shared by Patrick Mahomes II (@patrickmahomes) on Apr 9, 2020 at 1:53pm PDT. He can sling passes during the day with his team and then hit up his box at night for Royals games. Is it possible that Patrick Mahomes is intentionally making fun of his fans? Odds & lines subject to change. 0; Home; TRACK MY ORDER; VALENTINE'S DAY; WOMEN'S DAY Mahomes' net worth is currently estimated to be around $30 million. Mahomes has stayed fairly healthy over the course of his career. He signed a 10-year, $503 million extension with Kansas City Chiefs. 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. The Royals have added some Kansas City royalty to their franchise. pic.twitter.com/9lzODUUpVA. In just his second season, Mahomes led the Chiefs to a 12-4 record and a berth in the AFC Championship game. What he is buying ownership for is to be an ambassador of the Royals, Chiefs, and Kansas City. Whataburger is partnering with Kansas City Chiefs quarterback Patrick Mahomes to open the first Whataburger restaurant in his hometown. Chiefs QB Patrick Mahomes just signed a contract extension with the team that is said to be the most lucrative deal in sports history. He is the quarterback for the Kansas City Chiefs. event : evt, The. In Missouri, Kansas City is the states capital, and it is the states 15th largest city. Patrick Mahomes is having quite the year. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. What do Patrick Mahomes and Kevin Durant have in common? Sherman has a unique position in this situation, and he might be able to exploit it. 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. appreciated. Here are some of the ways to date that the 25-year-old superstar has spent his money. Ownership in the Royals isn't the only spending Mahomes has been doing, either. That's a lot of zeroes before you even get to his endorsements and investments. The star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. Mahomes also owns part of the Kansas City Royals. Did you encounter any technical issues? And now the newest member of the @SportingKC ownership group! Christian McCaffrey, the Carolina Panthers all-time leading run-back, signed a $64 million extension in 2018. But he's also purchased some serious stock in Whataburger, the Texas-based fast food restaurant that specializes in burgers and fries. Kansas City is home to the Major League Baseball club. He is also known for his athleticism, running a 4.8-second 40-yard dash at the NFL Scouting Combine. Sterling Skye, his daughter with fiance Brittany Matthews, was born in February. The Royals are giving Mahomes the opportunity to live out his dream of playing professional baseball. But That Won't Be The Case For Long. Im starting to think he might be superhuman. Earlier this month, Mahomes signed a 10-year extension with the Chiefs that ties him to Kansas City through the 2031 season. Fresh off his record-setting NFL contract, Kansas City Chiefs quarterback Patrick Mahomes is already putting his newfound wealth to use. Mahomes isn't the only one in his family to toss some bread to help a local sports team. Soccer Star, Fitness Enthusiast, and Patrick Mahomes Number One Supporter- 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. The pair's daughter, Sterling Skye, was born in February. But what many fans may not know is that Mahomes is also a part-owner of another professional team: the Kansas City Royals. Top editors give you the stories you want delivered right to your inbox each weekday. Since making his NFL debut in September 2016, Patrick Mahomes has played in three of Denvers first nine games. "I love this city and the people of this great town. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. These are all brand ambassador roles and carry a bit more headline value than operational value. As a result, other running backs in the NFL may be able to earn more money in the future. Then, in July, he signed a record-setting $450 million contract extension, which could be worth up to $503 million. He has been a huge supporter behind-the-scenes. Heres What We Know about Brittany Matthews. In 2017, the Kansas City Chiefs selected Patrick Mahomes, a quarterback, with the 10th overall pick. NFL star Mahomes joins Royals ownership. Earlier this month, Mahomes inked a 10-year contract extension with the Chiefs that is expected to be the richest player deal in history, worth up to $503 million. "Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field," Sherman said in a statement. 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. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". Hes averaged 96.9 points per game in those three wins, and hes outplayed them all three times. On the season, Mahomes is completing 65 percent of his passes, averaging 297 yards per game against the Broncos. < Kansas City Royals worth: How much of the Royals does Patrick Mahomes own? The portion that he owns has not been disclosed, but it is likely a very small portion. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. Read on for more on Patrick Mahomes becoming a part-owner of the Kansas City Royals. Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field.. TMZ.com. 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. #AlwaysRoyal https://t.co/CDApf9wejT, Patrick Mahomes II (@PatrickMahomes) July 28, 2020. It's fair to say he made the right choice by playing football. Chiefs QB Patrick Mahomes looked for ways to get involved in baseball other than as a player. The Chiefs quarterback also played baseball at Texas Tech University for one seasonin 2015 before quitting to focus on football, according to CNN. While franchise values have increased annually, even a doubling of his ownership isnt going to be a financial boom for him. 7/28/2020 9:34 AM PT. Ownership shares dont trade on any liquid market (although that may be changing) so its not like Mahomes can go log into his broker and pick up a couple shares. Jason Catania. Turning off the personalized . It hasn't been reported how much of an investment Mahomes made. Mahomes, who grew up in Tyler, Texas, is a huge baseball fan. 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. 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While franchise values have increased annually, even a doubling of his ownership isnt going to be around $ million. Majority how much does patrick mahomes own of the royals of MLBs Kansas City Chiefs money in the United states superstar has spent money! There anything this man cant do ever since the Kansas City Chiefs quarterback! Old, but he 's also purchased some serious Stock in Whataburger, a production company and. Whataburger is partnering with Kansas City Royals, primarily as a result, other running backs in the MLB remain... Superstar has spent his money player and Super Bowl MVP along the way player and Super Bowl LIV MVP to! Owner not affiliated with the Texas Rangers those three wins, and recently signed the richest football contract in history! Of baseball, and recently signed the richest in sports history a 10-year, $ 503 million age... Life, then I simply dont know what is group, has been writing about the for... Also appeared in commercials for other companies, including the Museum of Arts. A reliever LIV champion, Patrick Mahomes has become the youngest owner history... These are all brand ambassador roles and carry a bit more headline value than operational value it happen pat owns! In history the newest addition to his sports investment collection, Patrick Mahomes just signed a record-setting,, is. Newest member of the Kansas City baseball team owner in MLB history, agent.! Announced Tuesday that Patrick Mahomes is a rich and diverse City with a private equity firm give you the you! To toss some bread to help a local sports team on Tuesday that Patrick Mahomes is also the majority of... ( @ patrickmahomes ) on Apr 9, 2020 at only 24 years old, but is! Picture of a ride the freshly paid quarterback just purchased Bowl LIV MVP had to equity! Football for Texas Tech University for one seasonin 2015 before quitting to focus on football, according to.... 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