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. Kansas City Royals owners Patrick Mahomes and John Sherman Owning a professional sports franchise is one of the most profitable businesses worldwide. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. Your effort and contribution in providing this feedback is much Mahomes asked long-term girlfriend Brittany Matthews to marry him last September on the same day he received his Super Bowl ring. Patrick Mahomes business ownership: Chiefs QB counts Whataburger, Royals, Sporting KC among investments, How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries, Patrick Mahomes' family tree: Meet the Chiefs QB's wife Brittany, brother Jackson, parents & kids. listeners: [], the 25-year-old helped fund the purchase of new voting machines to make it happen. } "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. 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. According to Celebrity Net Worth, Patrick Mahomes' net worth is approximately valued to be $40 million. pursuing BMM from St Xavier's College with his specialization in Advertising. He is also known for his athleticism, running a 4.8-second 40-yard dash at the NFL Scouting Combine. Does Patrick Mahomes Own The Kansas City Royals? By doing so, he became the active NFL player to have equity in an NWSL side. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. Patrick Mahomesis the second highest paid athlete in world sport. The Detroit Tigers drafted him in 2014, though he never played for them. Patrick Mahomes, the Kansas City Chiefs starting quarterback, owns and operates the first Whataburger, which is set to open in the coming weeks. As the son of a former MLB player, baseball has always been in Mahomes' DNA. CNNs Kevin Dotson contributed to this story. Congratulations! Full Spectrum Services LLP 2022 | All Rights Reserved. Although Mahomes's role will be more ambassador than operational, it's still a nice addition to his resume. 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 were to see out the entirety of his 10-year extension, however, Mahomes would net$491 millionfrom salary alone. Patrick Mahomes is the second highest paid athlete in world sport. But he's also purchased some serious stock in Whataburger, the Texas-based fast food restaurant that specializes in burgers and fries. I guess Mahomes needed a place to invest his millions, and he chose to do it in an MLB team. In his first season as a starter in 2018, Mahomes led the Chiefs to their first AFC Championship Game appearance in 25 years, and was named the NFLs Most Valuable Player (MVP). The Kansas City Chiefs' Super Bowl-winning quarterback can now add Major League Baseball owner to his long list of accolades. Get this delivered to your inbox, and more info about our products and services. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". Whataburger will open two new restaurants in Platte County in 2023. 7/28/2020 9:34 AM PT. Here are some of the ways to date that the 25-year-old superstar has spent his money. Only one NFL team, the New Orleans Saints, flies its athletes on its own aircraft. I love this city and the people of this great town," Mahomes said in a statement. The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. Mahomes has become the newest part owner of MLBs Kansas City Royals, according to a statement from the Royals. Gambling problem? So it's little surprise that he also invested into private jet provider AirShare. Mahomes' net worth is currently estimated to be around $30 million. Patrick Mahomes, the reigning NFL MVP, is the new owner of the Kansas City Royals baseball team. 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. Miles has also appeared in commercials for other companies, including State Farm Insurance. He can sling passes during the day with his team and then hit up his box at night for Royals games. "Patrick Mahomes YOU THE BEST #momcar.". 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. Details surroundingMahomes' stake in the MLB franchise remain sparse. Patrick Mahomes has owned the Chargers defense, the Texans defense, and the 49ers defense. 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. 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. "I'm honoured to become a part-owner of the Kansas City Royals," Patrick Mahomes said in a statement. 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. The Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. 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 . As the holder of the biggest contract in NFL history, Patrick Mahomes is, among other things, filthy rich. Commercial flights have replaced traditional charter flights as the primary mode of transportation for NFL players. 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. Since being drafted in the first round of the 2017 NFL Draft, Kansas City Chiefs quarterback Patrick Mahomes has taken the league by storm. 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. Mahomes joined the HyperIce team in 2020. Per Spotrac, Mahomes has collected a hair over $75 millionthus far in his career. Harmon Dobson and Paul Burton opened the first restaurant for the company in Corpus Christi, Texas, in 1950. Since making his NFL debut in September 2016, Patrick Mahomes has played in three of Denvers first nine games. Sherman is, however, the only Major League Baseball team owner not affiliated with the leagues 30 other clubs. These are all brand ambassador roles and carry a bit more headline value than operational value. @Royals https://t.co/UNhl53mY0u pic.twitter.com/jOAOa22GPQ, Also Read |Royals Slug 6 HRs In 14-6 Win Over Tigers. 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. In 2020, Mahomes became the youngest Super Bowl-winning quarterback in NFL history, when the Chiefs defeated the San Francisco 49ers in Super Bowl LIV. Top editors give you the stories you want delivered right to your inbox each weekday. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. The Kansas City Chiefs quarterback has a ten-year contract worth an eye-watering $503 million. And his fiancee, Brittany Matthews, is part-owner of the KC NWSL women's pro soccer club. appreciated. It is not only Kansas largest city, but it is also its largest city in terms of population. event : evt, 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. But That Won't Be The Case For Long. Chiefs quarterback Patrick Mahomes signs most lucrative sports deal in history, agent says. Because of the fact that billionaires are frequently team owners, they may not require a private plane to travel. City services include health care, financial services, and technology. The two cities roots, history, and culture are all shared by them. Patrick Mahomes, a member of the Kansas City Royals ownership group, has been appointed, the team announced on Tuesday. The Chiefs quarterback has bought into a bevy of firms, from food chains to sporting franchises. League sources told ESPN's Adam Schefter that the deal is worth $450 . 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. As of 2019, he has established his foundation 15 and the Mahomies, both of which are dedicated to improving the lives of children. 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. "I love this city and the people of this great town. The Royals have added some Kansas City royalty to their franchise. Mahomes is something of an expert on aerial dominance. 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. Jake, the State Farm character, is a featured in commercials for the insurance company. In Missouri, Kansas City is the states capital, and it is the states 15th largest city. A post shared by Patrick Mahomes II (@patrickmahomes). As the team added a new investor to its co-investor group, John Sherman, the teams Chairman, CEO, and principal owner, expressed his pleasure. In fiscal year 2011, the private sector generated $26.98 billion in revenue. 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. "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. Patrick Mahomes can do it all, folks. NFL player Brandon Copeland on his 'Life 101' class, reaching out to players, Patrick Mahomes' agent on the making of a household name. Even purchasing 1 percent of the Royals, assuming Mahomes didnt buy at a lower post-money valuation than the other investors paid, would cost the Chiefs quarterback around $10 million which is a significant outlay for someone who has made slightly more than $13 million over his brief playing career, not including endorsements. July 28th, 2020. He owns a 1% stake in Major League Baseball's Kansas City Royals, which has an estimated value of $12 million, according to Sportico.. On Tuesday, July 28, Mahomes became the part-owner of Major League Baseball franchiseKansas City Royals. The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. David Suggs is a content producer at The Sporting News. Patrick Mahomes Net Worth (updated 2022) is estimated to be around $150 million. Meanwhile, his wife, Brittany Mahomes (nee Matthews), also owns the NWSL franchise, Kansas City Current. 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. 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 . The Dobsons owned the chain for much of its history, but it was purchased by a private equity firm and the family still owns a small stake. } He completed 303 of his 439 passes for 303 yards, four touchdown passes, and one interception. According to Life&Style magazine, the engagement ring Mahomes gave Matthews was worth between "$350,000 and $800,000.". 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. 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. All Rights Reserved. Brittany, Patrick Mahomes fiance, owns a stake in Kansas Citys National Womens Soccer team. Just weeks after inking a 10-year . He completed 12 of his 16 passes for 185 yards and two scores, and the Chiefs held a 16 point lead at the half. The 24-year-old was sold to a group led by David Glass for $1 billion. As the Royals rebuild their roster with young talent, Mahomes will be there to help them achieve their goals. St. Patrick Vibes 20oz Skinny Tumbler Wrap Design, Retro Patrick's Day Tumbler Sublimation Design, Horror Patrick PNG, Digital Download . 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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