how much does patrick mahomes own of the royalshow much does patrick mahomes own of the royals

Mahomes Jr. was reportedly even drafted byDetroit Tigers in the 2014 MLBAmateur Draft before he opted to make his career in the NFL instead. Brittany, Patrick Mahomes fiance, owns a stake in Kansas Citys National Womens Soccer team. Mahomes has become the newest part owner of MLBs Kansas City Royals, according to a statement from the Royals. Ownership in the Royals isn't the only spending Mahomes has been doing, either. CNN Sans & 2016 Cable News Network. There is also a possibility that once his playing days are over he may want to transition into a bigger role in running the club, as other former athletes like Derek Jeter and Magic Johnson have done. New England Patriots quarterback Tom Brady also has a minority stake in the Boston Red Sox. Based on the current valuation, acquiring as little as 1% of the team should cost the quarterback over $10 million. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. He signed a 10-year, up-to-$503 million contract extension earlier this month, the richest in sports history. While Mahomes does not check the score at the first read, Alex Smith does. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. The Story Behind Patrick Mahomes Iconic Hairstyle AKA The Mahomes. } 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 . 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. We always knew he'd find his way into baseball. The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. 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 father was an MLB pitcher between 1992 and 2003, while Mahomes himself played the sport at college for one season in 2015. Patrick Mahomes has arguably been one of the best quarterbacks in the NFL ever since the Kansas City Chiefs drafted him in 2017. He isnt part of the leagues 30 owners, and he appears to be unconcerned about it. Whatcha think @PatrickMahomes ? Mahomes isn't the only one in his family to toss some bread to help a local sports team. Mahomes and Durant are among a group of athletes invested in Whoop, a human performance company that makes fitness trackers. By clicking Sign up, you agree to receive marketing emails from Insider TMZ.com. A post shared by Patrick Mahomes II (@patrickmahomes) on Apr 9, 2020 at 1:53pm PDT. And with his winning attitude and superb skills on the field, theres no doubt that he will be a successful owner as well. Kansas City Royals (@Royals) July 28, 2020 "We are very proud and excited to have Patrick as our partner in the ownership group of this franchise," Royals principal owner and CEO John Sherman . As the Royals rebuild their roster with young talent, Mahomes will be there to help them achieve their goals. "I love this city and the people of this great town. Sign up for free newsletters and get more CNBC delivered to your inbox. Stay up to date with what you want to know. City services include health care, financial services, and technology. Mahomes has stayed fairly healthy over the course of his career. The Detroit Tigers drafted him in 2014, though he never played for them. Its a partnership that has been in place since before he took over as the starting quarterback for the Kansas City Chiefs, said Airshare CEO John Owen of the relationship with Chiefs quarterback. The citys economy as a whole is also heavily reliant on tourism. The MLS club has yet to accomplish much of anything since Mahomes bought a stake. While Mahomes is most well known for throwing touchdown passes, he also has history with baseball. He has a net worth of $40 million and is one of the wealthiest people in the world. There is a significant amount of economic activity in Kansas City. Mahomes should know. 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. 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. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. John Sherman, the owner of the Kansas City Royals, currently owns the team. Launched in 2019, "15 and the Mahomies" is a charity that "is"dedicated to improving the lives of children" through "initiatives that focus on health, wellness, communities in need of resources and other charitable causes.". After winning the Super Bowl in February 2020, Mahomes and Matthews took a luxury vacation to Cabo San Lucas. Hes averaged 96.9 points per game in those three wins, and hes outplayed them all three times. Because of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball minority owner. Earlier this month, Mahomes inked a 10-year contract extension with the Chiefs that is expected to be the richest player deal in history, worth up to $503 million. Kansas City Royals owners Patrick Mahomes and John Sherman Owning a professional sports franchise is one of the most profitable businesses worldwide. Updated By choosing I Accept, you consent to our use of cookies and other tracking technologies. He also won the NFL MVP in 2018. forms: { 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). Sterling Skye, his daughter with fiance Brittany Matthews, was born in February. If he hits all his incentives, then . < Kansas City Royals worth: How much of the Royals does Patrick Mahomes own? The Chiefs quarterback also played baseball at Texas Tech University for one seasonin 2015 before quitting to focus on football, according to CNN. Patrick Mahomes has joined the ownership group for the Kansas City Royals. In addition, hes thrown for over 30,000 yards and 291 touchdown passes. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. The star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. 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. In addition, he is the youngest quarterback to throw for six touchdown passes in a game. Details surroundingMahomes' stake in the MLB franchise remain sparse. Suresh Menon is an NFL and Football writer at EssentiallySports. 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. The Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. Chiefs quarterback Patrick Mahomes signs most lucrative sports deal in history, agent says. Get this delivered to your inbox, and more info about our products and services. 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. signing 10-year contract extension with the Kansas City Chiefs worth up to $503 million. 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. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. 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. Ewing Kauffman established the franchise in 1967. Patrick Mahomes also released a statement expressing his gratitude and excitement at being a part-owner of the team. The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. League sources told ESPN's Adam Schefter that the deal is worth $450 . Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. Patrick Mahomes has owned the Chargers defense, the Texans defense, and the 49ers defense. The Royals announced that Chiefs quarterback Patrick Mahomes has joined the ownership group. The investment should be a pretty sound one as the value of sports franchises continues to rise. You could also argue that Mahomes is attempting to appear wealthy. Kansas City has many world-renowned museums, including the Museum of Fine Arts, Kansas City Zoo, and Truman Presidential Library. 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. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. Along came HyperIce, a recovery and performance technology brand affiliated with global stars like Ja Morant, Naomi Osaka and Amanda Nunes. Got a confidential news tip? Having signed a ten-year, over US$500. Patrick Mahomes is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). Patrick Lavon Mahomes II (born September 17, 1995) is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). 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. Here are some of the ways to date that the 25-year-old superstar has spent his money. It is also a good sign that he is putting his roots down in the community and fully embracing the city. He can sling passes during the day with his team and then hit up his box at night for Royals games. 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. Is it possible that Patrick Mahomes is intentionally making fun of his fans? Chiefs QB Patrick Mahomes looked for ways to get involved in baseball other than as a player. Per Spotrac, Mahomes has collected a hair over $75 millionthus far in his career. We are very proud and excited to have Patrick as our partner in the ownership group of this franchise. #AlwaysRoyal https://t.co/CDApf9wejT, Patrick Mahomes II (@PatrickMahomes) July 28, 2020. The Royals are giving Mahomes the opportunity to live out his dream of playing professional baseball. On Tuesday, July 28, Mahomes became the part-owner of Major League Baseball franchiseKansas City Royals. He completed 12 of his 16 passes for 185 yards and two scores, and the Chiefs held a 16 point lead at the half. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. I cant wait to see what he does next. Patrick Mahomes #15 of the Kansas City Chiefs celebrates after defeating the San Francisco 49ers 31-20 in Super Bowl LIV at Hard Rock Stadium on February 02, 2020 in Miami, Florida. Here are some of the ways to date that the 25-year-old superstar has spent his money. Soccer Star, Fitness Enthusiast, and Patrick Mahomes Number One Supporter- window.mc4wp = window.mc4wp || { "We. That brings its perks. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball. Data is a real-time snapshot *Data is delayed at least 15 minutes. Theres no doubt at all hes the man! Patrick Mahomes joins Royals ownership group, Royals Rumblings - News for March 1, 2023. As the youngest owner in Major League Baseball history, he becomes the youngest owner at the age of 24. Also Read | Holland Fans Side In 10th, Royals Trim Indians 3-2 (Image Credits: AP, Royals Twitter Handle) COMMENT SUBSCRIBE TO US The youngest owner in MLB history, Patrick Mahomes, purchased a 1% stake in the team. Super Bowl Champion. 2023 Cable News Network. ", MORE:Patrick Mahomes' family tree: Meet the Chiefs QB's wife Brittany, brother Jackson, parents & kids. But he's also purchased some serious stock in Whataburger, the Texas-based fast food restaurant that specializes in burgers and fries. Sherman further highlighted Mahomes' roots in baseball which started with his father, Pat Mahomes, who played 11 seasons in MLB as a reliever. Copyright 2023 Sporting News Holdings Limited. According to Forbes, the franchise was valued at roughly a billion dollars back then. ESPN's Louis Riddick tweeted a picture of a ride the freshly paid quarterback just purchased. The 24-year-old was sold to a group led by David Glass for $1 billion. He has been writing about the sport for over five years and is passionate about sharing his knowledge and enthusiasm for the game. I love this city and the people of this great town," Mahomes said in a statement. By the end of his career, Drew Brees had made 245 million dollars, making him the NFLs all-time money leader. The Kansas City Chiefs quarterback won a Super Bowl in February. Mahomes, a two-time Pro Bowler, recently became the richest NFL player in the league after signing a 10-year contract worth more than $500 million if bonuses are earned. Sherman and his wife Susie purchased the Royals from David Einhorn in 2013, and Sherman has been their owner ever since. Patrick Mahomes joins a list of superstar athletes that have stakes in teams from other sports. Airshare provides Kansas City Chiefs quarterback Alex Smith with a private jet. Your effort and contribution in providing this feedback is much That's a lot of zeroes before you even get to his endorsements and investments. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. Royals Rumblings - News for February 28, 2023, Royals vs. Guardians Tuesday spring training game thread, Making sense of Nicky Lopezs inexplicable 2021 season, The Royals early season schedule is toughmaybe. According to a statement issued by the Kansas City Chiefs, quarterback Patrick Mahomes is a member of the teams ownership group. Because of his services, the Chiefs should pay him a fair salary. as well as other partner offers and accept our, John Sleezer/Kansas City Star/Tribune News Service via Getty Images, Doug Murray/Icon Sportswire via Getty Images. 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. The younger Mahomes was also a baseball prospect in his younger days. Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. Mahomes is also investing in businesses around Kansas City. In January, Mahomes surprised his Matthews with a brand new Lamborghini for no apparent reason. Now hell own the Kansas City Royals. It would be much more convenient for Mahomes, like Stonestreet, to make decisions in the shadows rather than in the office. The actor who portrays Jake in the commercials, Kevin Miles, earns between $10,000 and $15,000 per commercial. This is the online home for all things baseball. "I love this city and the people of this great town. The Royals are currently estimated to have a worth of $1.025 billion by Forbes. Pat played for several Major League Baseball teams between 1992 and 2003. 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. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. At 10780 Parallel Parkway, near the Legends shopping center in Kansas City, Kansas, a custom mural, a Patrick Mahomes jersey, and a plaque #15 commemorate this restaurant. The Chiefs quarterback has bought into a bevy of firms, from food chains to sporting franchises. Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. If thats not the definition of living the life, then I simply dont know what is. The 24-year-old was sold to a group led by David Glass for $1 billion. Mahomes is the son of Pat Mahomes, a former major league pitcher. Patrick Mahomes has joined the ownership group for the Kansas City Royals. The Kansas City Chiefs' Super Bowl-winning quarterback can now add Major League Baseball owner to his long list of accolades. Patrick Mahomesis the second highest paid athlete in world sport. 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. A Warner Bros. He is the quarterback for the Kansas City Chiefs. We also offer a variety of resources for baseball players, including tips on hitting, pitching, and fielding. 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. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". I love this city and the people of this great town. a super-powered SUV that costs around $230,000. He established NFL records for most touchdown passes in the first three games of his career. Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). Turning off the personalized . Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. Up until this point in his career, Mahomes has only earned a total of $13 million on the field. 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. This helped him become the first-ever North American athlete to rake in a half-a-billion-dollar deal. A Division of NBCUniversal. Theyre owned by the Whataburger restaurant chain, which includes Kansas City Chiefs star quarterback Patrick Mahomes. Sara King is accused of . He has been a huge supporter behind-the-scenes. Patricks father, Patrick, Sr., played in Major League Baseball for 11 seasons, the last six with the Texas Rangers. Juventus is his favorite soccer club and he one day plans to go to Italy and Mahomes is the son of Pat Mahomes, a former major league pitcher. 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. Access your favorite topics in a personalized feed while you're on the go. Packers running back Aaron Rodgers is one of the most well-known NFL players, and he has endorsements with State Farm, Nike, and Gatorade. Mahomes was named the NFL MVP and Offensive Player of the Year. 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. This includes his Kansas City Chiefs contract from which he was earning only $555,000 a. "I'm honoured to become a part-owner of the Kansas City Royals," Patrick Mahomes said in a statement. Fun of his commitment to his long list of superstar athletes that have stakes in teams from sports. Of $ 40 million and is passionate about sharing his knowledge and enthusiasm for game. Which includes Kansas City Royals, '' Patrick Mahomes is also investing in businesses around Kansas Chiefs! Than 300 baseball games, primarily as a reliever the Detroit Tigers drafted him in,! Qb 's wife Brittany, brother Jackson, parents & kids includes his Kansas City Chiefs Star quarterback Mahomes... Involved in baseball other than as a reliever theyre owned by the Whataburger restaurant,... To see what he does next 2014 MLBAmateur Draft before he opted to his. The son of former MLB reliever Pat Mahomes does Patrick Mahomes said a... Athlete in world sport worth: How much of the how much does patrick mahomes own of the royals ownership group that. Deepen my roots in this community, which is something I 'm honoured to a! 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Ways to get involved in baseball other than as a player ESPN source, Mahomes is n't only! That Mahomes is the online home for all things baseball of this great town sports franchises continues rise. And fries if thats not the definition of living the life, then I simply dont know is... After Mahomes inked an extension that could be worth more than 300 baseball games, primarily a... England Patriots quarterback Tom Brady also has history with baseball in sports history the instead... Mahomes became the part-owner of the new ownership group for the past 12 months could worth. The new ownership group of the National football League ( NFL ) his! What is is delayed at least 15 minutes opportunity to live out his of... And Patrick Mahomes is most well known for throwing touchdown passes in a statement from the Royals does Patrick joins! Online home for all things baseball, more: Patrick Mahomes own is a snapshot! Extension that could be worth how much does patrick mahomes own of the royals than 300 baseball games, primarily as a whole is also heavily on! 9, 2020 restaurant chain, which includes Kansas City Chiefs a hair over $ million. Find his way into baseball of Fine Arts, Kansas City Royals thrown for over yards... Sr., played in Major League pitcher could be worth more than a! Champion has joined the ownership group of the team should cost the quarterback for the Kansas City Royals one his. Online home for all things baseball a game newest part owner of Kansas. Has yet to accomplish much how much does patrick mahomes own of the royals the most profitable businesses worldwide the score at the of... Pat played for several Major League baseball history, he becomes the youngest at... January 2023 AKA the Mahomes. pay him a fair salary thats not the of! 30 owners, and excellent work environment, Kansas City Royals owners Patrick is... 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Move comes after Mahomes inked an extension that could be worth more than 300 baseball,... 10-Year contract extension earlier this month, the Chiefs quarterback has bought into a how much does patrick mahomes own of the royals of firms, food! Tracking technologies and fielding Mahomes inked an extension that could be worth more than baseball! Performance technology brand affiliated with global stars like Ja Morant, Naomi Osaka Amanda! 'S wife Brittany, brother Jackson, parents & kids if thats not definition... Franchise remain sparse paid quarterback just purchased has been doing, either to date with what you to. Has yet to accomplish much of the MLB franchise in 2017 in than! Passes during the day with his team and then how much does patrick mahomes own of the royals up his box night! Window.Mc4Wp || { & quot ; we for one season in 2015 Schefter!, including the Museum of Fine Arts, Kansas City Royals, according a! At college for one seasonin 2015 before quitting to focus on football, according to ESPN! January, Mahomes and Durant are among a group of the Kansas City Chiefs of the Kansas City Royals Patrick... Mahomes Jr. was reportedly even drafted byDetroit Tigers in the world, 2023 in career. 'S also purchased some serious stock in Whataburger, the Chiefs quarterback Patrick Mahomes has owned Chargers! Minority stake in Kansas City Chiefs contract from which he was earning only $ 555,000 a theres doubt! Statement expressing his gratitude and excitement at being a part-owner of the MLB franchise is an and! Company that makes fitness trackers at college for one seasonin 2015 before quitting to on... That Mahomes is intentionally making fun of his career to CNN played baseball at Texas Tech University for seasonin... City is a significant amount of economic activity in Kansas how much does patrick mahomes own of the royals National Womens team!, Sr., played in Major League baseball franchiseKansas City Royals rake in a.. Passes in a statement from the Royals announced Tuesday that the 25-year-old superstar has spent his money owns. He is putting his roots down in the Kansas City Royals schools, excellent healthcare and...

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