@ JayCat11. Those partners may have their own information they've collected about you. Mahomes joins an ownership group led by businessman John Sherman and more than 20 investors with ties to Kansas City, including actor Eric Stonestreet. 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. It is also a good sign that he is putting his roots down in the community and fully embracing the city. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. The Kansas City Royals announced Patrick Mahomes addition to their ownership group via social media, officially welcoming him to the organization. ", MORE:Patrick Mahomes' family tree: Meet the Chiefs QB's wife Brittany, brother Jackson, parents & kids. becomes the youngest sports owner in history. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. Mahomes' net worth is currently estimated to be around $30 million. Sporting is a community-oriented club, and I am excited to continue supporting the growth of soccer in Kansas City.. Patrick Mahomes can do it all, folks. 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. In this article, we will list down all the sporting investments made by the Kansas City quarterback. The Royals announced that Chiefs quarterback Patrick Mahomes has joined the ownership group. Packers running back Aaron Rodgers is one of the most well-known NFL players, and he has endorsements with State Farm, Nike, and Gatorade. event : evt, He has always expressed his love for the city he reps and has taken a lot of initiatives to do so. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. By clicking Sign up, you agree to receive marketing emails from Insider He bought into the team in 2019, and has said that hes a huge fan of the team and the city. 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. Even a 1% ownership stake would cost him about $10 million. In July, a group led by Patrick Mahomes purchased an ownership stake in the Kansas City Wizards soccer club. Brittany, Patrick Mahomes fiance, owns a stake in Kansas Citys National Womens Soccer team. 2023 Cable News Network. Patrick Mahomes is having quite the year. It is a rich and diverse city with a rich history and culture, as well as a plethora of excellent museums and attractions. I guess Mahomes needed a place to invest his millions, and he chose to do it in an MLB team. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball. The MLS club is currently valued at $550 million and brings in over $45 million in revenue during a typical, non-pandemic year. The two cities roots, history, and culture are all shared by them. The Kansas City Royals have announced that Mahomes will participate in spring training with the team. 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. Im starting to think he might be superhuman. Odds & lines subject to change. While Mahomes does not check the score at the first read, Alex Smith does. After playing college football for Texas Tech University, he was drafted by the Chiefs in the first round of the 2017 NFL Draft. Sherman is, however, the only Major League Baseball team owner not affiliated with the leagues 30 other clubs. Patrick Mahomes has joined the ownership group for the Kansas City Royals. However, with a fairly new stadium and a fanbase known for vociferous support, don't be surprised if SKC thrusts itself up the league table sooner rather than later. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. Patrick Lavon Mahomes II (born September 17, 1995) is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). He also won the NFL MVP in 2018. https://t.co/I3ItyS5CO0, . "I'm honoured to become a part-owner of the Kansas City Royals," Patrick Mahomes said in a statement. In addition, hes thrown for over 30,000 yards and 291 touchdown passes. The portion that he owns has not been disclosed, but it is likely a very small portion. pursuing BMM from St Xavier's College with his specialization in Advertising. Visit Insider's homepage for more stories. "We. })(); 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. When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. So it's little surprise that he also invested into private jet provider AirShare. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. Pat played for several Major League Baseball teams between 1992 and 2003. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. Mahomes has spent his first four NFL seasons in. Mahomes is the son of Pat Mahomes, a former major league pitcher. 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. Your effort and contribution in providing this feedback is much Patrick Mahomes has a 10-year contract that could be worth $500 million. As the son of a former MLB player, baseball has always been in Mahomes' DNA. But what many fans may not know is that Mahomes is also a part-owner of another professional team: the Kansas City Royals. Mahomes is something of an expert on aerial dominance. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. 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. I love this city and the people of this great town," Mahomes said in a statement. He is also known for his athleticism, running a 4.8-second 40-yard dash at the NFL Scouting Combine. Patricks father, Patrick, Sr., played in Major League Baseball for 11 seasons, the last six with the Texas Rangers. City services include health care, financial services, and technology. a super-powered SUV that costs around $230,000. Patrick Mahomes is the king of Kansas City -- the Chiefs superstar is now a part-owner of the Royals, the team announced Tuesday. Per Spotrac, Mahomes has collected a hair over $75 millionthus far in his career. Their chairman and principal owner, John Sherman, spoke to the press after the announcement. 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. As the team added a new investor to its co-investor group, John Sherman, the teams Chairman, CEO, and principal owner, expressed his pleasure. Soccer Star, Fitness Enthusiast, and Patrick Mahomes Number One Supporter- } The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. The younger Mahomes was also a baseball prospect in his younger days. Full Spectrum Services LLP 2022 | All Rights Reserved. In just his second season, Mahomes led the Chiefs to a 12-4 record and a berth in the AFC Championship game. The Royals are giving Mahomes the opportunity to live out his dream of playing professional baseball. You could also argue that Mahomes is attempting to appear wealthy. Earlier this month, Mahomes signed a 10-year extension with the Chiefs that brought the value of his 12-year contact to as much as $503 million. Like Stonestreet, Mahomes would be more of a celebrity figurehead than someone making day-to-day decisions. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. Only one NFL team, the New Orleans Saints, flies its athletes on its own aircraft. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. Baseball is a sport that is struggling to attract young fans, and Mahomes could be the perfect ambassador. Congratulations! Jason Catania. Did you encounter any technical issues? The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. What do Patrick Mahomes and Kevin Durant have in common? Well, outside of being two of the best players in their respective sports and pillars of their local communities, they also share business ties. That's not bad for a 27-year-old, one whose value seems boundless given his various business. Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). < Kansas City Royals worth: How much of the Royals does Patrick Mahomes own? In January, Mahomes surprised his Matthews with a brand new Lamborghini for no apparent reason. 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. During his career, Eli Manning set a league record for career earnings with $252 million. This helped him become the first-ever North American athlete to rake in a half-a-billion-dollar deal. Signing him is a huge coup for Kansas City, and fans all over should be excited about watching him play. NOW WATCH: Danica Patrick on getting into shape, dealing with negative thoughts, and more. "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. 4:13 PM EDT, Tue July 28, 2020. The Kansas City Royals announced on Tuesday that Patrick Mahomes is the newestmember of the team's ownership group. Chiefs QB Patrick Mahomes looked for ways to get involved in baseball other than as a player. It hasn't been reported how much of an investment Mahomes made. 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. Mahomes has become the newest part owner of MLB's Kansas City Royals, according to a statement from the Royals. (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. Stay up to date with what you want to know. Patrick Mahomes may only be 25 years old, but he is already the second-highest-paid athlete in world sport. We want to hear from you. The NFL has been known to fly its players on private planes, but this is not the norm. BioSteel, Adidas, Oakley, Head and Shoulders, State Farm, Bose, DirecTV, Essentia Water, and Electronic Arts are among the companies that have endorsed our brand. { John Sherman, the owner of the Kansas City Royals, currently owns the team. But with this latest move, he'll still have an opportunity to make some noise on a baseball field. As a professional athlete, few things are as important as recovery. 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. This is a great move by the Royals. Access your favorite topics in a personalized feed while you're on the go. 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. Earlier this month, Mahomes signed a 10-year extension with the Chiefs that ties him to Kansas City through the 2031 season. Mahomes isnt buying a stake as an investment in reality. "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. 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 . It has already paid major dividends. David Suggs is a content producer at The Sporting News. 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. Because of the fact that billionaires are frequently team owners, they may not require a private plane to travel. listeners: [], We always knew he'd find his way into baseball. 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how much does patrick mahomes own of the royals