Patrick Mahomes, Super Bowl Sweatshirt, Unisex T-shirt, Game Day Shirt ThriftyandStuff . Still, Mahomes signed a very long-term deal with the Chiefs and his small stake in the Royals further embeds him into Kansas City for the next decade or more to come. And now the newest member of the @SportingKC ownership group! @Royals https://t.co/UNhl53mY0u pic.twitter.com/jOAOa22GPQ, Also Read |Royals Slug 6 HRs In 14-6 Win Over Tigers. "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. The son of former Major League Baseball (MLB) pitcher Pat Mahomes, he initially played college football and baseball at Texas Tech University.Following his sophomore year, he quit baseball to focus solely on football. Mahomes, at 24 years old, will be the youngest part owner in sports history. 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. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. "Nothing like waking up at 8 am to a new car on Monday," Matthews wrote in an Instagram story at the time. BioSteel, Adidas, Oakley, Head and Shoulders, State Farm, Bose, DirecTV, Essentia Water, and Electronic Arts are among the companies that have endorsed our brand. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". In July, a group led by Patrick Mahomes purchased an ownership stake in the Kansas City Wizards soccer club. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. https://t.co/D5yq8JTThK, Howdy partner! 7/28/2020 9:34 AM PT. He signed a 10-year, $503 million extension with Kansas City Chiefs. He has a net worth of $40 million and is one of the wealthiest people in the world. When the Super Bowl LIV MVP purchased the Kansas City Royals almost a year ago, he became the teams majority owner. In January, Mahomes surprised his Matthews with a brand new Lamborghini for no apparent reason. Jessy is an avid baseball fan and writer for the popular website, Baseball Writes. Patrick Mahomes Net Worth (updated 2022) is estimated to be around $150 million. 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 love this city and the people of this great town. Ownership in the Royals isn't the only spending Mahomes has been doing, either. St. Patrick Vibes 20oz Skinny Tumbler Wrap Design, Retro Patrick's Day Tumbler Sublimation Design, Horror Patrick PNG, Digital Download . In 2021, Mahomes purchased a minority stake in the Kansas City Royals, becoming the youngest principal owner in MLB history. 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. The younger Mahomes was also a baseball prospect in his younger days. Because of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. 2. As of right now, Patrick Mahomes owns 2% of the Royals. It's a partnership that offers Mahomes plenty of breathing room, allowing him to use private aircraft at his own leisure. https://twitter.com/LRiddickESPN/status/1288170131311525888. No, Patrick Mahomes does not own the Denver Broncos. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. Only one NFL team, the New Orleans Saints, flies its athletes on its own aircraft. She and the Longs have done an incredible job building a world-class organization and I am excited to join another championship-caliber club as it continues to make history. The pair's daughter, Sterling Skye, was born in February. The star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. He played at Texas Tech for one season in 2015 as a relief pitcher before quitting to focus on football, and he was drafted by the Detroit Tigers in the 2014 MLB June Amateur Draft, according to Baseball Reference. Yes , Patrick Mahomes became a co-owner of the Kansas City Royals in July 2020 at only 24 years old. Patrick Mahomes is expected to throw for 5,052 yards, 52 touchdown passes, and 12 picks in 2019. Since making his NFL debut in September 2016, Patrick Mahomes has played in three of Denvers first nine games. He is also known for his athleticism, running a 4.8-second 40-yard dash at the NFL Scouting Combine. During road games, two private jets ferry players around the stadium. Have you flown to or from the new KCI yet? Mahomes Jr. was reportedly even drafted byDetroit Tigers in the 2014 MLBAmateur Draft before he opted to make his career in the NFL instead. Data is a real-time snapshot *Data is delayed at least 15 minutes. "I'm honored to become a part owner of the Kansas City Royals," Mahomes said in a statement. Im honored to become a part owner of the Kansas City Royals, Mahomes said in a statement. 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. watch a Juve match live. 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. Those partners may have their own information they've collected about you. pursuing BMM from St Xavier's College with his specialization in Advertising. That's not bad for a 27-year-old, one whose value seems boundless given his various business. Mahomes and Durant are among a group of athletes invested in Whoop, a human performance company that makes fitness trackers. Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. event : evt, In 2017, the Kansas City Chiefs selected Patrick Mahomes, a quarterback, with the 10th overall pick. As the Royals rebuild their roster with young talent, Mahomes will be there to help them achieve their goals. The Kansas City Royals announced Patrick Mahomes addition to their ownership group via social media, officially welcoming him to the organization. We always knew he'd find his way into baseball. CNNs Kevin Dotson contributed to this story. He is the son of former Major League Baseball (MLB) pitcher Pat Mahomes. 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. Top editors give you the stories you want delivered right to your inbox each weekday. The Chiefs quarterback also played baseball at Texas Tech University for one seasonin 2015 before quitting to focus on football, according to CNN. Patrick Mahomes, a member of the Kansas City Royals ownership group, has been appointed, the team announced on Tuesday. And with his winning attitude and superb skills on the field, theres no doubt that he will be a successful owner as well. window.mc4wp = window.mc4wp || { Submit a correction suggestion and help us fix it! After making NFL history, Kansas City Chiefs quarterback Patrick Mahomes made some in MLB, too. According to Work+Money, Mahomes and Matthews spent around $400,000 renovating the house, situated inthe city's Mission Hills neighborhood. 2023 CNBC LLC. Then, in July, he signed a record-setting, , which could be worth up to $503 million. 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. (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. 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. Mahomes is believed to have put $10 million into the Royals. His father, Pat Mahomes, was also a MLB pitcher for 11 seasons. TMZ.com. Mahomes is also investing in businesses around Kansas City. Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. He found one last month when he bought into the ownership group of the Royals. 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. Juventus is his favorite soccer club and he one day plans to go to Italy and Kansas City Royals owners Patrick Mahomes and John Sherman Owning a professional sports franchise is one of the most profitable businesses worldwide. But That Won't Be The Case For Long. The Kansas City Royals announced on Tuesday that Patrick Mahomes has joined their ownership group. The investment should be a pretty sound one as the value of sports franchises continues to rise. I am thankful for the chance to join @brittanylynne as part of the @thekccurrent ownership team. As the holder of the biggest contract in NFL history, Patrick Mahomes is, among other things, filthy rich. The. This is a great move by the Royals. On Tuesday, July 28, Mahomes became the part-owner of Major League Baseball franchiseKansas City Royals. The 24-year old becomes becomes the youngest sports owner in history. 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. 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. It hasn't been reported how much of an investment Mahomes made. Harmon Dobson and Paul Burton opened the first restaurant for the company in Corpus Christi, Texas, in 1950. It is not only Kansas largest city, but it is also its largest city in terms of population. Sign up for free newsletters and get more CNBC delivered to your inbox. Access your favorite topics in a personalized feed while you're on the go. Brittany, Patrick Mahomes fiance, owns a stake in Kansas Citys National Womens Soccer team. } Did you encounter any technical issues? The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. Welcome, @PatrickMahomes, to @MLS! Mahomes become the youngest team owner in MLB history in July 2020 when he purchased a stake in the Kansas City Royals. In Missouri, Kansas City is the states capital, and it is the states 15th largest city. It has already paid major dividends. The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. 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. 4:13 PM EDT, Tue July 28, 2020. * 21+ (19+ CA-ONT) (18+ NH/WY). The signing of Patrick Mahomes, who is one of the most talented young quarterbacks in the league, is a significant coup for the club. Kansas City Chiefs quarterback Patrick Mahomes has purchased a share of the Kansas City Royals, making himself the youngest part-owner in sports history and a two-sport Kansas City star. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. 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.". 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. window.mc4wp.listeners.push( Suresh Menon is an NFL and Football writer at EssentiallySports. 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. I cant wait to see what he does next. 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. Kansas City, Missouri, is an ideal place to call home. Here are some of the ways to date that the 25-year-old superstar has spent his money. Mahomes is the Chiefs starting quarterback, and has led the team to two consecutive AFC Championship games. We also offer a variety of resources for baseball players, including tips on hitting, pitching, and fielding. Kansas City has many world-renowned museums, including the Museum of Fine Arts, Kansas City Zoo, and Truman Presidential Library. However, the. NFL MVP. ESPN's Louis Riddick tweeted a picture of a ride the freshly paid quarterback just purchased. #AlwaysRoyal https://t.co/CDApf9wejT, The Royals announced the news via a statement released Tuesday. Chiefs quarterback Patrick Mahomes signs most lucrative sports deal in history, agent says. Sherman and his wife Susie purchased the Royals from David Einhorn in 2013, and Sherman has been their owner ever since. According to Forbes, the franchise was valued at roughly a billion dollars back then. Patrick Mahomes also owns MLS Club Sporting Kansas City Exactly a year after Mahomes became part owner of KC Royals, he bought ownership of Major League Soccer club Sporting Kansas City. "I love this city and the people of this great town. Mahomes, who grew up in Tyler, Texas, is a huge baseball fan. 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. Patrick Mahomes has arguably been one of the best quarterbacks in the NFL ever since the Kansas City Chiefs drafted him in 2017. 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. Ewing Kauffman established the franchise in 1967. Having signed a ten-year, over US$500. Their chairman and principal owner, John Sherman, spoke to the press after the announcement. 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. Patrick Mahomes will be a Kansas City Chiefs player for the next ten years, with a contract worth 450 million dollars. joined the team as part of the ownership group. 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 Chiefs quarterback has bought into a bevy of firms, from food chains to sporting franchises. Patrick Mahomes, the reigning NFL MVP, is the new owner of the Kansas City Royals baseball team. The 27-year-old mother of two became a topic of conversation during Thursday's episode of The Joe Rogan Experience when host Joe Rogan and his guests Shane Gillis . Sherman is, however, the only Major League Baseball team owner not affiliated with the leagues 30 other clubs. Packers running back Aaron Rodgers is one of the most well-known NFL players, and he has endorsements with State Farm, Nike, and Gatorade. Mahomes will not be competing for a roster spot, but he will get the chance to work with the coaching staff and get some valuable experience. Christian McCaffrey, the Carolina Panthers all-time leading run-back, signed a $64 million extension in 2018. 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. 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. He is the quarterback for the Kansas City Chiefs. 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. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. He is currently League sources told ESPN's Adam Schefter that the deal is worth $450 . He can sling passes during the day with his team and then hit up his box at night for Royals games. The Detroit Tigers drafted him in 2014, though he never played for them. Patrick Mahomes, who won the Super Bowl LIV in 2017, has joined the ownership group of Major League Soccers (MLS) parent company. 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. 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. All Rights Reserved. Mahomes, who grew up in the Kansas City area, said he is excited and humbled to be a part of the Royals organization. Why did Mr. Narendra Modi buy the property? #AlwaysRoyal https://t.co/CDApf9wejT, Patrick Mahomes II (@PatrickMahomes) July 28, 2020. Mahomes has since added some other sporting sides to his repertoire, joining Sporting Kansas City's ownership group in 2021. 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 September 2020, the Kansas City Chiefs quarterback put pen-to-paper on a 10-year contract worth an eye-watering $503 million. If he hits all his incentives, then . Here you'll find information on the game of baseball, from the rules to the history. Imagine being an NFL superstar and owning an MLB team. 2023 Cable News Network. It's been a fantastic year for Patrick Mahomes. Patrick Mahomes is having quite the year. Burger stands. 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. Mahomes is under contract through the 2021 season and has club options for 2022 and 2023. He has been writing about the sport for over five years and is passionate about sharing his knowledge and enthusiasm for the game. The portion that he owns has not been disclosed, but it is likely a very small portion. Which Whataburger does Mahomes own? 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. NFL star Mahomes joins Royals ownership. Airshare provides Kansas City Chiefs quarterback Alex Smith with a private jet. The 24-year-old quarterback recently led the Kansas City Chiefs to victory in Super Bowl LIV, garnering Super Bowl MVP honors in the process, and then . Pat Mahomes has led his Kansas City Chiefs to a 10-2 record this year, which is the best in franchise history. The two cities roots, history, and culture are all shared by them. of the new ownership group of the Kansas City Royals. 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. By choosing I Accept, you consent to our use of cookies and other tracking technologies. The Story Behind Patrick Mahomes Iconic Hairstyle AKA The Mahomes. "We are very . NFL player Brandon Copeland on his 'Life 101' class, reaching out to players, Patrick Mahomes' agent on the making of a household name. 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. Then, in July, he signed a record-setting $450 million contract extension, which could be worth up to $503 million. Speculating the numbers behind the deal. becomes the youngest sports owner in history. The Kansas City Chiefs' Super Bowl-winning quarterback can now add Major League Baseball owner to his long list of accolades. pic.twitter.com/9lzODUUpVA. (function() { He has been a huge supporter behind-the-scenes. The citys economy as a whole is also heavily reliant on tourism. Hence, the Super Bowl LIV MVP had to pay a hefty sum to become the part-owner of the American League team. Kansas City Royals worth: Reigning Super Bowl MVP Patrick Mahomes just became the part-owner of the MLB franchise. But he's also purchased some serious stock in Whataburger, the Texas-based fast food restaurant that specializes in burgers and fries. After signing that mammoth contract $450 million contract extension in 2020, Mahomes made a series of investments in both local and national franchises. There is a significant amount of economic activity in Kansas City. But with this latest move, he'll still have an opportunity to make some noise on a baseball field. 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. Patrick Mahomes may only be 25 years old, but he is already the second-highest-paid athlete in world sport. 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