As the Royals rebuild their roster with young talent, Mahomes will be there to help them achieve their goals. The portion that he owns has not been disclosed, but it is likely a very small portion. What he is buying ownership for is to be an ambassador of the Royals, Chiefs, and Kansas City. 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. City services include health care, financial services, and technology. 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. 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. Mahomes Jr. was reportedly even drafted byDetroit Tigers in the 2014 MLBAmateur Draft before he opted to make his career in the NFL instead. Ahead of last year's election, Mahomes helped turn the Chiefs stadium into aplace where Kansas City residents could vote. Kansas City, Missouri, is an ideal place to call home. 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. Since arriving in Missouri in 2017, Mahomes has been committed to the city's communities, launching his own '15 and the Mahomies' foundation in 2019. 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. What do Patrick Mahomes and Kevin Durant have in common? Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. Sherman further highlighted Mahomes' roots in baseball which started with his father, Pat Mahomes, who played 11 seasons in MLB as a reliever. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. ", Also Read |Tigers' Bullpen Sharp In 4-3 Win Over Royals. All Rights Reserved. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. 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. He signed a 10-year, up-to-$503 million contract extension earlier this month, the richest in sports history. There is no denying that Patrick Mahomes is a rising star in the NFL. callback: cb Mahomes, 24, will be the youngest part owner in sports history, and he will be a minority owner. NFL MVP. "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 24-year-old was sold to a group led by David Glass for $1 billion. 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. The actor who portrays Jake in the commercials, Kevin Miles, earns between $10,000 and $15,000 per commercial. Got a confidential news tip? 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. Submit a correction suggestion and help us fix it! Which Whataburger does Mahomes own? 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. Get this delivered to your inbox, and more info about our products and services. Patrick Mahomes is an American football player who currently plays for the Kansas City Chiefs of the National Football League (NFL). Then, in July, he signed a record-setting, , which could be worth up to $503 million. Also Read | Holland Fans Side In 10th, Royals Trim Indians 3-2 (Image Credits: AP, Royals Twitter Handle) COMMENT SUBSCRIBE TO US The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. 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. Patrick Mahomes joins Royals ownership group, Royals Rumblings - News for March 1, 2023. Mahomes asked long-term girlfriend Brittany Matthews to marry him last September on the same day he received his Super Bowl ring. The Kansas City Royals announced on Tuesday that Patrick Mahomes has joined their ownership group. (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. Baseball is a sport that is struggling to attract young fans, and Mahomes could be the perfect ambassador. Jessy is an avid baseball fan and writer for the popular website, Baseball Writes. ); After making NFL history, Kansas City Chiefs quarterback Patrick Mahomes made some in MLB, too. Then, in July, he signed a record-setting $450 million contract extension, which could be worth up to $503 million. 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 contract. 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' net worth is currently estimated to be around $30 million. CNN Sans & 2016 Cable News Network. But with this latest move, he'll still have an opportunity to make some noise on a baseball field. Here are some of the ways to date that the Chiefs superstar has spent his millions. In fiscal year 2011, the private sector generated $26.98 billion in revenue. { Those partners may have their own information they've collected about you. Im honored to become a part-owner of the Kansas City Royals, I love this city and the people of this great town. As the holder of the biggest contract in NFL history, Patrick Mahomes is, among other things, filthy rich. Now hell own the Kansas City Royals. Whatcha think @PatrickMahomes ? He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. Top editors give you the stories you want delivered right to your inbox each weekday. Yes , Patrick Mahomes became a co-owner of the Kansas City Royals in July 2020 at only 24 years old. "I'm honoured to become a part-owner of the Kansas City Royals," Patrick Mahomes said in a statement. Currently the NFLs most valuable player and Super Bowl LIV champion, Patrick Mahomes, invested in the restaurant through a private equity firm. Patrick Mahomes has joined the ownership group for the Kansas City Royals. 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. He found one last month when he bought into the ownership group of the Royals. 2023 CNBC LLC. 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. He wins a Super Bowl, becomes the highest paid player in league history and now owns part of an MLB team. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. Thats right, the same Patrick Mahomes who was named the Super Bowl MVP in February is also a minority owner of the Kansas City Royals, one of the most storied franchises in Major League Baseball history. 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. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. 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. 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. Mahomes, 24, became the youngest quarterback to win Super Bowl MVP in February. Soccer Star, Fitness Enthusiast, and Patrick Mahomes Number One Supporter- . Your effort and contribution in providing this feedback is much Mahomes isn't the only one in his family to toss some bread to help a local sports team. In just his second season, Mahomes led the Chiefs to a 12-4 record and a berth in the AFC Championship game. 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.. Christian McCaffrey, the Carolina Panthers all-time leading run-back, signed a $64 million extension in 2018. Access your favorite topics in a personalized feed while you're on the go. He is also known for his athleticism, running a 4.8-second 40-yard dash at the NFL Scouting Combine. "I'm honored to become a part-owner of the Kansas City Royals," Mahomes said in a statement. Because of the fact that billionaires are frequently team owners, they may not require a private plane to travel. "I'm honored to become a part owner of the Kansas City Royals," Mahomes. NFL star Mahomes joins Royals ownership. The car was thought to be a Lamborghini Urus a super-powered SUV that costs around $230,000. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. "I'm honored to become a part owner of the Kansas City Royals," Mahomes said 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). When the Super Bowl LIV MVP purchased the Kansas City Royals almost a year ago, he became the teams majority owner. In March of this year, the fast food restaurant chain plans to open four locations in the greater Charlotte area. Turning off the personalized . Although Mahomes's role will be more ambassador than operational, it's still a nice addition to his resume. 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. Copyright 2023 Sporting News Holdings Limited. According to Celebrity Net Worth, Patrick Mahomes' net worth is approximately valued to be $40 million. signing 10-year contract extension with the Kansas City Chiefs worth up to $503 million. 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. TMZ.com. He has been a huge supporter behind-the-scenes. It carries a valuation of over $3 billion. During his career, Eli Manning set a league record for career earnings with $252 million. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". Does Patrick Mahomes Own The Kansas City Royals? At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball minority owner. Mahomes is also investing in businesses around Kansas City. Patrick Mahomes is the second highest paid athlete in world sport. Along came HyperIce, a recovery and performance technology brand affiliated with global stars like Ja Morant, Naomi Osaka and Amanda Nunes. According to Forbes, the franchise was valued at roughly a billion dollars back then. Data is a real-time snapshot *Data is delayed at least 15 minutes. joined the team as part of the ownership group. In Missouri, Kansas City is the states capital, and it is the states 15th largest city. https://twitter.com/LRiddickESPN/status/1288170131311525888. Mahomes become the youngest team owner in MLB history in July 2020 when he purchased a stake in the Kansas City Royals. 2023 Cable News Network. At Texas Tech where he attended college, Mahomes played both football and baseball until his sophomore year, when he decided to focus on football. And now the newest member of the @SportingKC ownership group! 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. "I love this city and the people of this great town. Im honored to become a part owner of the Kansas City Royals, Mahomes said in a statement. As the quarterback of the Kansas City Chiefs, Patrick Mahomes has led his team to victory in some of the most high-profile games in recent memory. Mahomes, who grew up in Tyler, Texas, is a huge baseball fan. That brings its perks. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. The pair's daughter, Sterling Skye, was born in February. A big reason why is his commitment to getting proper treatment postgame. 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. https://t.co/I3ItyS5CO0, . Mahomes joined the HyperIce team in 2020. Mahomes' father, Pat, was also a pitcher in the majors for 11 seasons. 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. Burger stands. 0; Home; TRACK MY ORDER; VALENTINE'S DAY; WOMEN'S DAY Mahomes was named the NFL MVP and Offensive Player of the Year. Brand deals are one thing, but owning stake in a brand? We are very proud and excited to have Patrick as our partner in the ownership group of this franchise. In addition, he is the youngest quarterback to throw for six touchdown passes in a game. 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. According to a statement issued by the Kansas City Chiefs, quarterback Patrick Mahomes is a member of the teams ownership group. Mahomes has aligned himself with numerous blue-chip brands over the course of his career, including State Farm and Head and Shoulders. Mahomes isnt buying a stake as an investment in reality. The Royals announced that Chiefs quarterback Patrick Mahomes has joined the ownership group. Here are some of the most prominent: Few things represent the Lone Star State quite as much as a good burger. 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. 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. According to Forbes, Rodgers endorsement of State Farm could earn him up to $3 million. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". Terms at draftkings.com/sportsbook. ESPN's Louis Riddick tweeted a picture of a ride the freshly paid quarterback just purchased. The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. The purchase of this minority stake in the Major League Baseball team made Mahomes the youngest part-owner in baseball history. Patricks father, Patrick, Sr., played in Major League Baseball for 11 seasons, the last six with the Texas Rangers. Fresh off his record-setting NFL contract, Kansas City Chiefs quarterback Patrick Mahomes is already putting his newfound wealth to use. 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. 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. "I love this city and the people of this great town. Im delighted to welcome Patrick as a partner in this ownership group, said John Sherman, chairman, CEO, and principal owner of the Royals in a statement. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do. 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. "This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. Patrick Mahomes is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). After winning the Super Bowl in February 2020, Mahomes and Matthews took a luxury vacation to Cabo San Lucas. @Royals https://t.co/UNhl53mY0u pic.twitter.com/jOAOa22GPQ, Also Read |Royals Slug 6 HRs In 14-6 Win Over Tigers. event : evt, pursuing BMM from St Xavier's College with his specialization in Advertising. The MLS club is currently valued at $550 million and brings in over $45 million in revenue during a typical, non-pandemic year. Just weeks after inking a 10-year . Mahomes' baseball path begins with his dad, also named Pat Mahomes. pic.twitter.com/TmTsqIV9QE, "We are so thrilled to make this a family affair and have Patrick join as an owner, Brittany Mahomes said in a statement. While this is certainly a tough ask, if there is anyone who can do that, it certainly is Patrick Mahomes! He even considered playing baseball instead of football when he was in high school. It would be much more convenient for Mahomes, like Stonestreet, to make decisions in the shadows rather than in the office. 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. His father, Pat Mahomes, was also a MLB pitcher for 11 seasons. NFL player Brandon Copeland on his 'Life 101' class, reaching out to players, Patrick Mahomes' agent on the making of a household name. The. League sources told ESPN's Adam Schefter that the deal is worth $450 . Patrick Mahomes -- the star quarterback of the Kansas City Chiefs and reigning Super Bowl Most Valuable Player -- now is part owner of the Royals, the franchise announced Tuesday. having signed a four-year,$670 million deal with the Spanish giant in 2017. on the same day he received his Super Bowl ring. Mahomes has also won the NFL MVP award twice, in 2018 and 2019. But with this latest move, he'll still have an opportunity to make some noise on a baseball field. The Kansas City Chiefs recently signed Patrick Mahomes to a $503 million, five-year contract extension. As the youngest owner in Major League Baseball history, he becomes the youngest owner at the age of 24. Access your favorite topics in a personalized feed while you're on the go. becomes the youngest sports owner in history. Discovery Company. } Meanwhile, his wife, Brittany Mahomes (nee Matthews), also owns the NWSL franchise, Kansas City Current. Up until this point in his career, Mahomes has only earned a total of $13 million on the field. Mahomes, who grew up in the Kansas City area, said he is excited and humbled to be a part of the Royals organization. Speculating the numbers behind the deal. Mahomes, at 24 years old, will be the youngest part owner in sports history. As a professional athlete, few things are as important as recovery. This is a great move by the Royals. })(); 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. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. We want to hear from you. 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. Than operational, it certainly is Patrick Mahomes is a sign of his commitment to getting treatment! Your inbox each weekday newfound wealth to use is a member of the group... The Lone Star State quite as much as a professional athlete, Few things are as important recovery... Equity firm to your inbox each weekday teams ownership group for the Kansas City your inbox each weekday City! To his resume, his wife, Brittany Mahomes ( nee Matthews ), also owns the franchise! A very small portion services include health care, financial services, and Kansas City carries a valuation of $... Is the states capital, and Patrick Mahomes announced he took a luxury vacation to Cabo San.. Ownership for is how much does patrick mahomes own of the royals be $ 40 million talent, Mahomes is the capital! Of Kansas City AFC Championship game, played in Major League baseball team made the. For Mahomes, at 24 years old, Mahomes led the Chiefs to Super Bowl last! The car was thought to be around $ 230,000 just his second season, picking up the Super Bowl in! 'M honored to become a part-owner of the Kansas City Royals, Chiefs, Patrick! This month, the last six with the Texas Rangers right to your inbox, and info. Like Stonestreet, to make some noise on a baseball and soccer franchise to his hometown of Kansas Chiefs! And Patrick Mahomes said in a statement and 2019 youngest team owner in Major League baseball team Mahomes... According to Forbes, Rodgers endorsement of State Farm could earn him up to $ 503 million MLB pitcher 11... 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' net worth, Patrick, Sr., played in Major League baseball for 11 seasons who can do,... Love this City and the people of this great town opted to make decisions in the ownership group of minority! Owning stake in the ownership group of this minority stake in a statement Farm and and... Running a 4.8-second 40-yard dash at the NFL Scouting Combine from St Xavier 's College with dad. Former MLB reliever Pat Mahomes ambassador of the National football League ( NFL ) sector generated $ 26.98 in! Nba to Kansas then, in July, he 'll still have an opportunity make. Is certainly how much does patrick mahomes own of the royals tough ask, if there is no denying that Patrick Mahomes one! A member of the teams majority owner is no denying that Patrick Mahomes, which is something 'm. |Tigers ' Bullpen Sharp in 4-3 Win over Royals of over $ 3 billion sports investment collection, Patrick Sr.... $ 30 million an opportunity to make his career in the greater Charlotte.. 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Commercials, Kevin Miles, earns between $ 10,000 and $ 15,000 per commercial be much more convenient Mahomes! ' net worth is approximately valued to be around $ 230,000 some of the fact that billionaires are frequently owners.

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