Mahomes has stayed fairly healthy over the course of his career. signing 10-year contract extension with the Kansas City Chiefs worth up to $503 million. Jessy is an avid baseball fan and writer for the popular website, Baseball Writes. Just weeks after inking a 10-year . Well, outside of being two of the best players in their respective sports and pillars of their local communities, they also share business ties. After winning the Super Bowl in February 2020, Mahomes and Matthews took a luxury vacation to Cabo San Lucas. I love this city and the people of this great town," Mahomes said in a statement. By clicking Sign up, you agree to receive marketing emails from Insider CNN Sans & 2016 Cable News Network. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. Kansas City Royals owners Patrick Mahomes and John Sherman Owning a professional sports franchise is one of the most profitable businesses worldwide. The Super Bowl win is one of the NFLs biggest achievements, and each member of the winning team will receive $150,000 as a result. His $500 million sports career is the most ever by a professional athlete. 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. If he hits all his incentives, then . 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. Mahomes is the son of Pat Mahomes, a former major league pitcher. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. At Texas Tech where he attended college, Mahomes played both football and baseball until his sophomore year, when he decided to focus on football. Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. New Seahawks' safety Jamal Adams, actor Eric Stonestreet, NWSL starChestley Strother and others reacted too -, This is Legendary brotha. According to Forbes, Rodgers endorsement of State Farm could earn him up to $3 million. A Warner Bros. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. Per Celebrity Net Worth, Mahomes carries anet worth of$40 million. He signed a 10-year, $503 million extension with Kansas City Chiefs. As the son of a former MLB player, baseball has always been in Mahomes' DNA. Patrick Mahomes is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). And with his winning attitude and superb skills on the field, theres no doubt that he will be a successful owner as well. It's fair to say he made the right choice by playing football. The Kansas City Royals announced on Tuesday that Patrick Mahomes has joined their ownership group. })(); 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. That's one way to cement your ties to the community. Mahomes, at 24 years old, will be the youngest part owner in sports history. He is currently The Kansas City Chiefs' Super Bowl-winning quarterback can now add Major League Baseball owner to his long list of accolades. Gambling problem? Even a 1% ownership stake would cost him about $10 million. Patrick Mahomes is an American football player who currently plays for the Kansas City Chiefs of the National Football League (NFL). Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. While it is not common for active players to have ownership stakes in other teams, Mahomes is not the only one. A post shared by Patrick Mahomes II (@patrickmahomes) on Apr 9, 2020 at 1:53pm PDT. Turning off the personalized . In this article, we will list down all the sporting investments made by the Kansas City quarterback. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. Terms at draftkings.com/sportsbook. However, the. But he's also purchased some serious stock in Whataburger, the Texas-based fast food restaurant that specializes in burgers and fries. 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. Patrick Mahomes, a member of the Kansas City Royals ownership group, has been appointed, the team announced on Tuesday. Patrick Mahomes will be a Kansas City Chiefs player for the next ten years, with a contract worth 450 million dollars. After making NFL history, Kansas City Chiefs quarterback Patrick Mahomes made some in MLB, too. We also offer a variety of resources for baseball players, including tips on hitting, pitching, and fielding. Patrick Mahomes contract. The salary of Jake from State Farm is unknown, but it is likely to range between $10,000 and $15,000 per commercial. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. Theres no doubt at all hes the man! He completed 12 of his 16 passes for 185 yards and two scores, and the Chiefs held a 16 point lead at the half. He would had to have purchased his share either through one current owner or multiple owners given up a smaller percentage. As of right now, Patrick Mahomes owns 2% of the Royals. Updated a super-powered SUV that costs around $230,000. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. Signing him is a huge coup for Kansas City, and fans all over should be excited about watching him play. } Here are some of the ways to date that the Chiefs superstar has spent his millions. Patrick Mahomes also released a statement expressing his gratitude and excitement at being a part-owner of the team. He is also known for his flashy lifestyle, which extends beyond his on-field success. On top of Mahomes' bumper contract, he also boasts brand deals with Adidas, Oakley,BioSteel Sports Nutrition, and ketchup brand Hunt's,among others. 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. Brand deals are one thing, but owning stake in a brand? Christian McCaffrey, the Carolina Panthers all-time leading run-back, signed a $64 million extension in 2018. 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. 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. The Royals announced that Chiefs quarterback Patrick Mahomes has joined the ownership group. In fact, his wife Brittany a former collegiate and professional soccer player became part owner of the NWSL's expansion Kansas City franchise in 2021. We are very proud and excited to have Patrick as our partner in the ownership group of this franchise. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. Does Patrick Mahomes Own The Kansas City Royals? 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). Airshare provides Kansas City Chiefs quarterback Alex Smith with a private jet. The 24-year-old was sold to a group led by David Glass for $1 billion. NFL star Mahomes joins Royals ownership. The Royals did not say how much of a stake he took in the team, or the value of his share. pursuing BMM from St Xavier's College with his specialization in Advertising. But with this latest move, he'll still have an opportunity to make some noise on a baseball field. In July, a group led by Patrick Mahomes purchased an ownership stake in the Kansas City Wizards soccer club. "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. Now, Mahomes is taking his talents to the baseball diamond. He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. The investment should be a pretty sound one as the value of sports franchises continues to rise. Patrick Mahomes is having quite the year. @ JayCat11. The star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. "Patrick Mahomes YOU THE BEST #momcar.". He is the son of former Major League Baseball (MLB) pitcher Pat Mahomes. 2. Patrick Lavon Mahomes II (born September 17, 1995) is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). There is a significant amount of economic activity in Kansas City. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl, Im honored to become a part-owner of the Kansas City Royals. 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 Royals are currently estimated to have a worth of $1.025 billion by Forbes. Patrick Mahomes has owned the Chargers defense, the Texans defense, and the 49ers defense. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball minority owner. The purchase of this minority stake in the Major League Baseball team made Mahomes the youngest part-owner in baseball history. He owns a 1% stake in Major League Baseball's Kansas City Royals, which has an estimated value of $12 million, according to Sportico.. Patricks father, Patrick, Sr., played in Major League Baseball for 11 seasons, the last six with the Texas Rangers. Mahomes has also been named to five Pro Bowls, which is quite the achievement in and of itself. (function() { the 25-year-old helped fund the purchase of new voting machines to make it happen. It hasn't been reported how much of an investment Mahomes made. Mahomes' baseball path begins with his dad, also named Pat Mahomes. window.mc4wp = window.mc4wp || { During road games, two private jets ferry players around the stadium. Mahomes also owns part of the Kansas City Royals. What he is buying ownership for is to be an ambassador of the Royals, Chiefs, and Kansas City. } The fancy reveal, which took place last October, featured hundreds of balloons, worded lights, and matching "Baby Daddy" and "Baby Momma" shirts for Mahomes and Matthews. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do. 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. Mahomes has been described as a prolific passer who possesses a great arm and unbelievable touch. Mahomes should know. Hence, the Super Bowl LIV MVP had to pay a hefty sum to become the part-owner of the American League team. He signed a 10-year, up-to-$503 million contract extension earlier this month, the richest in sports history. By clicking Sign up, you agree to receive marketing emails from Insider Mahomes recently bought a very expensive Ferrari 812 Superfast, which is a true racing car. According to Work+Money, Mahomes and Matthews spent around $400,000 renovating the house, situated inthe city's Mission Hills neighborhood. Mahomes has aligned himself with numerous blue-chip brands over the course of his career, including State Farm and Head and Shoulders. Patrick Mahomes joins a list of superstar athletes that have stakes in teams from other sports. He can sling passes during the day with his team and then hit up his box at night for Royals games. His play was nothing short of spectacular, as he threw for over 5,000 yards and 50 touchdowns. When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. It carries a valuation of over $3 billion. Mahomes become the youngest team owner in MLB history in July 2020 when he purchased a stake in the Kansas City Royals. 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. I am thankful for the chance to join @brittanylynne as part of the @thekccurrent ownership team. Commercial flights have replaced traditional charter flights as the primary mode of transportation for NFL players. Imagine being an NFL superstar and owning an MLB team. Access your favorite topics in a personalized feed while you're on the go. Pat Mahomes has led his Kansas City Chiefs to a 10-2 record this year, which is the best in franchise history. Mahomes is one of the most popular players in the NFL, and his addition will only help to grow the popularity of the team. Mahomes is the son of Pat Mahomes, a former major league pitcher. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". BioSteel, Adidas, Oakley, Head and Shoulders, State Farm, Bose, DirecTV, Essentia Water, and Electronic Arts are among the companies that have endorsed our brand. Now hell own the Kansas City Royals. The most expensive house in Whitehouse, Texas, is up for sale for almost $5 million. He has always expressed his love for the city he reps and has taken a lot of initiatives to do so. Ahead of last year's election, Mahomes helped turn the Chiefs stadium into aplace where Kansas City residents could vote. 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. 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. Patrick Mahomes is expected to throw for 5,052 yards, 52 touchdown passes, and 12 picks in 2019. becomes the youngest sports owner in history. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. 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