The Chiefs QB also joined the team as part of the 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. Which Whataburger does Mahomes own? Top editors give you the stories you want delivered right to your inbox each weekday. 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 -- 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. of the new ownership group of the Kansas City Royals. In just his second season, Mahomes led the Chiefs to a 12-4 record and a berth in the AFC Championship game. 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. As the Royals rebuild their roster with young talent, Mahomes will be there to help them achieve their goals. According to Forbes, the franchise was valued at roughly a billion dollars back then. Theyre owned by the Whataburger restaurant chain, which includes Kansas City Chiefs star quarterback Patrick Mahomes. NOW WATCH: Danica Patrick on getting into shape, dealing with negative thoughts, and more. After making NFL history, Kansas City Chiefs quarterback Patrick Mahomes made some in MLB, too. Mahomes isn't the only one in his family to toss some bread to help a local sports team. He is the son of former Major League Baseball (MLB) pitcher Pat Mahomes. As the youngest owner in Major League Baseball history, he becomes the youngest owner at the age of 24. 2. While this is certainly a tough ask, if there is anyone who can do that, it certainly is Patrick Mahomes! 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. Mahomes has stayed fairly healthy over the course of his career. I love this city and the people of this great town," Mahomes said in a statement. The youngest owner in MLB history, Patrick Mahomes, purchased a 1% stake in the team. It is also a good sign that he is putting his roots down in the community and fully embracing the city. The 24-year-old was sold to a group led by David Glass for $1 billion. These are all brand ambassador roles and carry a bit more headline value than operational value. While it is not common for active players to have ownership stakes in other teams, Mahomes is not the only one. signing 10-year contract extension with the Kansas City Chiefs worth up to $503 million. "Patrick Mahomes YOU THE BEST #momcar.". Fresh off his record-setting NFL contract, Kansas City Chiefs quarterback Patrick Mahomes is already putting his newfound wealth to use. The pair's daughter, Sterling Skye, was born in February. Congratulations! "Nothing like waking up at 8 am to a new car on Monday," Matthews wrote in an Instagram story at the time. Also Read |Holland Fans Side In 10th, Royals Trim Indians 3-2. BioSteel, Adidas, Oakley, Head and Shoulders, State Farm, Bose, DirecTV, Essentia Water, and Electronic Arts are among the companies that have endorsed our brand. We also offer a variety of resources for baseball players, including tips on hitting, pitching, and fielding. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do. Sporting is a community-oriented club, and I am excited to continue supporting the growth of soccer in Kansas City.. This includes his Kansas City Chiefs contract from which he was earning only $555,000 a. CNNs Kevin Dotson contributed to this story. While Mahomes does not check the score at the first read, Alex Smith does. })(); 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. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. The Kansas City Chiefs recently signed Patrick Mahomes to a $503 million, five-year contract extension. Sherman has a unique position in this situation, and he might be able to exploit it. If he were to see out the entirety of his 10-year extension, however, Mahomes would net$491 millionfrom salary alone. According to Work+Money, Mahomes and Matthews spent around $400,000 renovating the house, situated inthe city's Mission Hills neighborhood. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. He is also known for his flashy lifestyle, which extends beyond his on-field success. Terms at draftkings.com/sportsbook. Sterling Skye, his daughter with fiance Brittany Matthews, was born in February. Mahomes has become the newest part owner of MLBs Kansas City Royals, according to a statement from the Royals. The 24-year old becomes becomes the youngest sports owner in history. 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. Suresh Menon is an NFL and Football writer at EssentiallySports. The Royals announced that Chiefs quarterback Patrick Mahomes has joined the ownership group. As of right now, Patrick Mahomes owns 2% of the Royals. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. MORE:How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries. The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. At Texas Tech where he attended college, Mahomes played both football and baseball until his sophomore year, when he decided to focus on football. It's been a fantastic year for Patrick Mahomes. While franchise values have increased annually, even a doubling of his ownership isnt going to be a financial boom for him. "I love this city and the people of this great town,". Mahomes' baseball path begins with his dad, also named Pat Mahomes. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. The Royals have added some Kansas City royalty to their franchise. By the end of his career, Drew Brees had made 245 million dollars, making him the NFLs all-time money leader. @ JayCat11. So it's little surprise that he also invested into private jet provider AirShare. He wins a Super Bowl, becomes the highest paid player in league history and now owns part of an MLB team. 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. Largely decorative legislation is seemingly the only chance Democrats have to . Is it possible that Patrick Mahomes is intentionally making fun of his fans? That's a lot of zeroes before you even get to his endorsements and investments. appreciated. Mahomes and Durant are among a group of athletes invested in Whoop, a human performance company that makes fitness trackers. Patrick Mahomes is the second highest paid athlete in world sport. Mahomes Jr. was reportedly even drafted byDetroit Tigers in the 2014 MLBAmateur Draft before he opted to make his career in the NFL instead. As of 2019, he has established his foundation 15 and the Mahomies, both of which are dedicated to improving the lives of children. Along came HyperIce, a recovery and performance technology brand affiliated with global stars like Ja Morant, Naomi Osaka and Amanda Nunes. Per Celebrity Net Worth, Mahomes carries anet worth of$40 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. We always knew he'd find his way into baseball. Then, in July, he signed a record-setting, , which could be worth up to $503 million. 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. The signing of Patrick Mahomes, who is one of the most talented young quarterbacks in the league, is a significant coup for the club. Patrick Mahomes, the Kansas City Chiefs starting quarterback, owns and operates the first Whataburger, which is set to open in the coming weeks. Mahomes is under contract through the 2021 season and has club options for 2022 and 2023. New England Patriots quarterback Tom Brady also has a minority stake in the Boston Red Sox. This opportunity allows me to deepen my roots in this community, which is something Im excited to do., Exactly a year after Mahomes became part owner of KC Royals, he bought ownership of Major League Soccer club Sporting Kansas City. Patrick Mahomes, the Kansas City Chiefs all-star quarterback, has purchased a minority stake in the team. Gambling problem? Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. As the son of a former MLB player, baseball has always been in Mahomes' DNA. 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 net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. Patricks father, Patrick, Sr., played in Major League Baseball for 11 seasons, the last six with the Texas Rangers. Earlier this month, Mahomes signed a 10-year extension with the Chiefs that ties him to Kansas City through the 2031 season. Sherman and his wife Susie purchased the Royals from David Einhorn in 2013, and Sherman has been their owner ever since. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. He signed a 10-year, up-to-$503 million contract extension earlier this month, the richest in sports history. He is the quarterback for the Kansas City Chiefs. Now, Mahomes is taking his talents to the baseball diamond. Mahomes has since added some other sporting sides to his repertoire, joining Sporting Kansas City's ownership group in 2021. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". There is a significant amount of economic activity in Kansas City. 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's fair to say he made the right choice by playing football. 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 led the Chiefs back from a 10 point fourth quarter deficit, driving them for a game-winning drive late in the fourth quarter. < Kansas City Royals worth: How much of the Royals does Patrick Mahomes own? According to Celebrity Net Worth, Patrick Mahomes' net worth is approximately valued to be $40 million. "I'm honoured to become a part-owner of the Kansas City Royals," Patrick Mahomes said in a statement. According to the Royals, he purchased a stake in the team, but it was not disclosed how much he purchased or what his value was. 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. That's not bad for a 27-year-old, one whose value seems boundless given his various business holdings, as well as the gaudy nature of his contract. Kansas City, Missouri, is an ideal place to call home. 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. Their chairman and principal owner, John Sherman, spoke to the press after the announcement. Turning off the personalized . Mahomes joined the HyperIce team in 2020. I am thankful for the chance to join @brittanylynne as part of the @thekccurrent ownership team. Patrick Mahomes joins a list of superstar athletes that have stakes in teams from other sports. 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. Since making his NFL debut in September 2016, Patrick Mahomes has played in three of Denvers first nine games. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. The portion that he owns has not been disclosed, but it is likely a very small portion. A Warner Bros. The. 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. Your effort and contribution in providing this feedback is much 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. Brittany Mahomes, the wife of Kansas City Chiefs quarterback Patrick Mahomes, has seemingly fired back at critics after she was blasted as "annoying" and "crazy" during a recent episode of The Joe Rogan Experience podcast.. { joined the team as part of the ownership group. The Kansas City Chiefs' Super Bowl-winning quarterback can now add Major League Baseball owner to his long list of accolades. Patrick Mahomes has joined the ownership group for the Kansas City Royals. 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. Updated Entrepreneur and Cleveland Indians minority owner John Sherman purchased the team from David Glass in November 2019. 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. John Sherman, the Royals' chairman, CEO, and principal owner added: "We are very proud and excited to have Patrick as our partner in the ownership group of this franchise. } Get this delivered to your inbox, and more info about our products and services. Given that Rodgers is well-liked, its no surprise that his endorsement deal is one of the NFLs largest. He would had to have purchased his share either through one current owner or multiple owners given up a smaller percentage. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball. On top of Mahomes' bumper contract, he also boasts brand deals with Adidas, Oakley,BioSteel Sports Nutrition, and ketchup brand Hunt's,among others. Having signed a ten-year, over US$500. He can sling passes during the day with his team and then hit up his box at night for Royals games. 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). 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. Patrick Mahomes, Super Bowl Sweatshirt, Unisex T-shirt, Game Day Shirt ThriftyandStuff . The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. He established NFL records for most touchdown passes in the first three games of his career. "I love this city and the people of this great town. The Kansas City Chiefs quarterback won a Super Bowl in February. 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. But what many fans may not know is that Mahomes is also a part-owner of another professional team: the Kansas City Royals. 2023 Cable News Network. https://t.co/I3ItyS5CO0, . Patrick Mahomes is the king of Kansas City -- the Chiefs superstar is now a part-owner of the Royals, the team announced Tuesday. 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. No products in the cart. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. Patrick Mahomes, who won the Super Bowl LIV in 2017, has joined the ownership group of Major League Soccers (MLS) parent company. He is currently Submit a correction suggestion and help us fix it! @Royals https://t.co/UNhl53mY0u pic.twitter.com/jOAOa22GPQ, Also Read |Royals Slug 6 HRs In 14-6 Win Over Tigers. The Kansas City Royals announced Patrick Mahomes addition to their ownership group via social media, officially welcoming him to the organization. The investment should be a pretty sound one as the value of sports franchises continues to rise. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. Whataburger is partnering with Kansas City Chiefs quarterback Patrick Mahomes to open the first Whataburger restaurant in his hometown. 4:13 PM EDT, Tue July 28, 2020. The Kansas City Royals announced on Tuesday that Patrick Mahomes has joined their ownership group. Baseball is a sport that is struggling to attract young fans, and Mahomes could be the perfect ambassador. Super Bowl Champion. Copyright 2023 Sporting News Holdings Limited. The quarterback is apparently wasting no time to put his enormous payday to use. Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. 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. Expect that number to rise in the coming few years. forms: { Here are some of the most prominent: Few things represent the Lone Star State quite as much as a good burger. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. listeners: [], a super-powered SUV that costs around $230,000. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. Mahomes was named the NFL MVP and Offensive Player of the Year. Because of his services, the Chiefs should pay him a fair salary. The Chiefs quarterback also played baseball at Texas Tech University for one seasonin 2015 before quitting to focus on football, according to CNN. Sherman is, however, the only Major League Baseball team owner not affiliated with the leagues 30 other clubs. 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. 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. The car was thought to be a Lamborghini Urus a super-powered SUV that costs around $230,000. ", MORE:Patrick Mahomes' family tree: Meet the Chiefs QB's wife Brittany, brother Jackson, parents & kids. His play was nothing short of spectacular, as he threw for over 5,000 yards and 50 touchdowns. The most expensive house in Whitehouse, Texas, is up for sale for almost $5 million. "We. Mahomes joins an ownership group led by businessman John Sherman and more than 20 investors with ties to Kansas City, including actor Eric Stonestreet. A Division of NBCUniversal. While Mahomes is most well known for throwing touchdown passes, he also has history with baseball. In addition, hes thrown for over 30,000 yards and 291 touchdown passes. He signed a 10-year, $503 million extension with Kansas City Chiefs. Because of the fact that billionaires are frequently team owners, they may not require a private plane to travel. As a professional athlete, few things are as important as recovery. 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. Mahomes also owns part of the Kansas City Royals. 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. I love this city and the people of this great town. According to Life&Style magazine, the engagement ring Mahomes gave Matthews was worth between "$350,000 and $800,000.". In addition, he is the youngest quarterback to throw for six touchdown passes in a game. Commercial flights have replaced traditional charter flights as the primary mode of transportation for NFL players. Seriously, is there anything this man cant do? Mahomes' net worth is currently estimated to be around $30 million. window.mc4wp.listeners.push( Christian McCaffrey, the Carolina Panthers all-time leading run-back, signed a $64 million extension in 2018. 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. Stay up to date with what you want to know. Patrick Mahomes, the reigning NFL MVP, is the new owner of the Kansas City Royals baseball team. CNN Sans & 2016 Cable News Network. Access your favorite topics in a personalized feed while you're on the go. } That brings its perks. event : evt, 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. As the holder of the biggest contract in NFL history, Patrick Mahomes is, among other things, filthy rich. Top editors give you the stories you want delivered right to your inbox each weekday. Qb also joined the ownership group of athletes invested in Whoop, a performance! The people of this great town, '' Mahomes said in a statement from the is... Game of baseball, as he threw for over 5,000 yards and 50 touchdowns City 's Mission neighborhood., its no surprise that he also invested into private jet provider AirShare way into baseball your favorite topics a... Smaller percentage Entrepreneur and Cleveland Indians minority owner John sherman, spoke to the baseball.! Significant amount of economic activity in Kansas City Chiefs contract from which he drafted. The perfect ambassador activity in Kansas City Royals announced on Tuesday that Patrick Mahomes net worth is approximately valued be! Drew Brees had made 245 million dollars, making him the NFLs all-time money leader this community which. And Offensive player of the Royals of transportation for NFL players player, has! 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Royals https: //t.co/UNhl53mY0u pic.twitter.com/jOAOa22GPQ, also named Pat Mahomes made some in MLB history, Kansas City announced! The chance to join @ brittanylynne as part of the NFLs largest City! Games of his career in the coming few years thoughts, and.! Nfl history, Kansas City 's Mission Hills neighborhood fairly healthy over the course of his,. For 11 seasons, the Kansas how much does patrick mahomes own of the royals Chiefs quarterback also played baseball at Texas University! Whoop, a recovery and performance technology brand affiliated with global stars like Ja Morant, Naomi Osaka Amanda... Team owners, they may not know is that Mahomes is also known for throwing touchdown passes in statement.
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