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 A Division of NBCUniversal. Patrick Mahomes, the Kansas City Chiefs starting quarterback, owns and operates the first Whataburger, which is set to open in the coming weeks. He has a net worth of $40 million and is one of the wealthiest people in the world. The MLS club has yet to accomplish much of anything since Mahomes bought a stake. What do Patrick Mahomes and Kevin Durant have in common? His father, Pat Mahomes, was also a MLB pitcher for 11 seasons. Because of the fact that billionaires are frequently team owners, they may not require a private plane to travel. When the Super Bowl LIV MVP purchased the Kansas City Royals almost a year ago, he became the teams majority owner. ); Patrick Mahomes joins a list of superstar athletes that have stakes in teams from other sports. In fiscal year 2011, the private sector generated $26.98 billion in revenue. event : evt, Here you'll find information on the game of baseball, from the rules to the history. He even considered playing baseball instead of football when he was in high school. } as well as other partner offers and accept our. 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. 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 pair's daughter, Sterling Skye, was born in February. This is the online home for all things baseball. 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. https://twitter.com/LRiddickESPN/status/1288170131311525888. He bought into the team in 2019, and has said that hes a huge fan of the team and the city. Mahomes' net worth is currently estimated to be around $30 million. TMZ.com. Imagine being an NFL superstar and owning an MLB team. Mahomes' net worth is currently estimated to be around $30 million. Mahomes isn't the only one in his family to toss some bread to help a local sports team. NFL MVP. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. But with this latest move, he'll still have an opportunity to make some noise on a baseball field. According to Forbes, Rodgers endorsement of State Farm could earn him up to $3 million. Now, Mahomes is taking his talents to the baseball diamond. Sherman has served in the United States Army. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. Burger stands. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl, Im honored to become a part-owner of the Kansas City Royals. Patrick Mahomes can do it all, folks. Brand deals are one thing, but owning stake in a brand? According to Work+Money, Mahomes and Matthews spent around $400,000 renovating the house, situated inthe city's Mission Hills neighborhood. NFL running backs are one of the most valuable positions on the field, and two years after signing a record-breaking extension, it appears that the pay ceiling for running backs has yet to be raised. Commercial flights have replaced traditional charter flights as the primary mode of transportation for NFL players. The Kansas City Chiefs quarterback won a Super Bowl in February. Mahomes and Durant are among a group of athletes invested in Whoop, a human performance company that makes fitness trackers. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball. @Royals https://t.co/UNhl53mY0u pic.twitter.com/jOAOa22GPQ, Also Read |Royals Slug 6 HRs In 14-6 Win Over Tigers. You could also argue that Mahomes is attempting to appear wealthy. Although Mahomes's role will be more ambassador than operational, it's still a nice addition to his resume. On and off the field, Patrick Mahomes is truly one of the most dominant players in the NFL. The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. The car was thought to be a Lamborghini Urus a super-powered SUV that costs around $230,000. In March of this year, the fast food restaurant chain plans to open four locations in the greater Charlotte area. "Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field.". Mahomes is the son of Pat Mahomes, a former major league pitcher. Meanwhile, his wife, Brittany Mahomes (nee Matthews), also owns the NWSL franchise, Kansas City Current. He has been writing about the sport for over five years and is passionate about sharing his knowledge and enthusiasm for the game. The Kansas City Chiefs recently signed Patrick Mahomes to a $503 million, five-year contract extension. Mahomes joins a list of superstar athletes that have stakes in teams from other sports. 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. 2023 CNBC LLC. The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. Mahomes has become the newest part owner of MLB's Kansas City Royals, according to a statement from the Royals. Patrick Mahomes is having quite the year. The. Odds & lines subject to change. 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. I am thankful for the chance to join @brittanylynne as part of the @thekccurrent ownership team. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. Mahomes Jr. was reportedly even drafted byDetroit Tigers in the 2014 MLBAmateur Draft before he opted to make his career in the NFL instead. It is also a good sign that he is putting his roots down in the community and fully embracing the city. As the son of a former MLB player, baseball has always been in Mahomes' DNA. 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. Top editors give you the stories you want delivered right to your inbox each weekday. Patrick Mahomes, the reigning NFL MVP, is the new owner of the Kansas City Royals baseball team. He grew up attending Royals games and has said that he wants to be a part of the teams future success. Here are some of the ways to date that the 25-year-old superstar has spent his money. 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. The Detroit Tigers drafted him in 2014, though he never played for them. This is a great move by the Royals. Ahead of last year's election, Mahomes helped turn the Chiefs stadium into aplace where Kansas City residents could vote. All Rights Reserved. The Story Behind Patrick Mahomes Iconic Hairstyle AKA The Mahomes. Whataburger will open two new restaurants in Platte County in 2023. 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. { Packers running back Aaron Rodgers is one of the most well-known NFL players, and he has endorsements with State Farm, Nike, and Gatorade. Their chairman and principal owner, John Sherman, spoke to the press after the announcement. On the season, Mahomes is completing 65 percent of his passes, averaging 297 yards per game against the Broncos. https://t.co/I3ItyS5CO0, . becomes the youngest sports owner in history. The portion that he owns has not been disclosed, but it is likely a very small portion. "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. Jessy is an avid baseball fan and writer for the popular website, Baseball Writes. "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. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". Mahomes become the youngest team owner in MLB history in July 2020 when he purchased a stake in the Kansas City Royals. He signed a 10-year, up-to-$503 million contract extension earlier this month, the richest in sports history. Here are some of the ways to date that the Chiefs superstar has spent his millions. 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. We always knew he'd find his way into baseball. 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 of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. 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. 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 is one of the most popular players in the NFL, and his addition will only help to grow the popularity of the team. He is currently Mahomes, at 24 years old, will be the youngest part owner in sports history. 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. He isnt part of the leagues 30 owners, and he appears to be unconcerned about it. This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. I guess Mahomes needed a place to invest his millions, and he chose to do it in an MLB team. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. During road games, two private jets ferry players around the stadium. Mahomes is also investing in businesses around Kansas City. As a professional athlete, few things are as important as recovery. "Nothing like waking up at 8 am to a new car on Monday," Matthews wrote in an Instagram story at the time. "We. of the new ownership group of the Kansas City Royals. NFL star Mahomes joins Royals ownership. Patrick Mahomes used his payday to become a part-owner in Major League Baseball side Kansas City Royals on July 28, 2020. He is also known for his flashy lifestyle, which extends beyond his on-field success. While Mahomes is most well known for throwing touchdown passes, he also has history with baseball. 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. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. He signed a 10-year, $503 million extension with Kansas City Chiefs. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. 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. 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. Juventus is his favorite soccer club and he one day plans to go to Italy and Go @Royals!! Yes , Patrick Mahomes became a co-owner of the Kansas City Royals in July 2020 at only 24 years old. 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. The Chiefs quarterback has bought into a bevy of firms, from food chains to sporting franchises. Sherman is, however, the only Major League Baseball team owner not affiliated with the leagues 30 other clubs. Kansas City is home to the Major League Baseball club. 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. He is the quarterback for the Kansas City Chiefs. The Chiefs quarterback also played baseball at Texas Tech University for one seasonin 2015 before quitting to focus on football, according to CNN. forms: { This helped him become the first-ever North American athlete to rake in a half-a-billion-dollar deal. Patrick Mahomes has joined the ownership group for the Kansas City Royals. His play was nothing short of spectacular, as he threw for over 5,000 yards and 50 touchdowns. Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). We want to hear from you. Baseball is a sport that is struggling to attract young fans, and Mahomes could be the perfect ambassador. Patrick Mahomes is an American football player who currently plays for the Kansas City Chiefs of the National Football League (NFL). Congratulations! While Mahomes does not check the score at the first read, Alex Smith does. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. It's been a fantastic year for Patrick Mahomes. Based on the current valuation, acquiring as little as 1% of the team should cost the quarterback over $10 million. MORE:How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. If he were to see out the entirety of his 10-year extension, however, Mahomes would net$491 millionfrom salary alone. The younger Mahomes was also a baseball prospect in his younger days. 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