how much does patrick mahomes own of the royals

Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. Sign up for free newsletters and get more CNBC delivered to your inbox. The Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. Including 2020 and 2021, Mahomes' total cash for the extension totals $477.63 million, which averages out to $39.8 million per year. 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. Patrick Mahomes is having quite the year. After making NFL history, Kansas City Chiefs quarterback Patrick Mahomes made some in MLB, too. 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. Patrick Mahomes, Super Bowl Sweatshirt, Unisex T-shirt, Game Day Shirt ThriftyandStuff . He owns a 1% stake in Major League Baseball's Kansas City Royals, which has an estimated value of $12 million, according to Sportico.. Patrick Mahomes used his payday to become a part-owner in Major League Baseball side Kansas City Royals on July 28, 2020. That brings its perks. 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. In January, Mahomes surprised his Matthews with a brand new Lamborghini for no apparent reason. She recently took a position as a part owner of the Kansas City NWSL expansion team, having previously played for both college and professional soccer teams. Imagine being an NFL superstar and owning an MLB team. Got a confidential news tip? Even a 1% ownership stake would cost him about $10 million. "Nothing like waking up at 8 am to a new car on Monday," Matthews wrote in an Instagram story at the time. . The. ); He is the son of former Major League Baseball (MLB) pitcher Pat Mahomes. Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. 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. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. The portion that he owns has not been disclosed, but it is likely a very small portion. By choosing I Accept, you consent to our use of cookies and other tracking technologies. 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. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. If he hits all his incentives, then . 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. The citys economy as a whole is also heavily reliant on tourism. Patrick Mahomes, the Kansas City Chiefs starting quarterback, owns and operates the first Whataburger, which is set to open in the coming weeks. } In just his second season, Mahomes led the Chiefs to a 12-4 record and a berth in the AFC Championship game. https://t.co/I3ItyS5CO0, . After playing college football for Texas Tech University, he was drafted by the Chiefs in the first round of the 2017 NFL Draft. That's one way to cement your ties to the community. "I love this city and the people of this great town. 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. In 2017, the Kansas City Chiefs selected Patrick Mahomes, a quarterback, with the 10th overall pick. "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. Does Patrick Mahomes Own The Kansas City Royals? Mahomes has stayed fairly healthy over the course of his career. He established NFL records for most touchdown passes in the first three games of his career. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". CNN Sans & 2016 Cable News Network. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Not only is he a Texas native. Ewing Kauffman established the franchise in 1967. But what many fans may not know is that Mahomes is also a part-owner of another professional team: the Kansas City Royals. 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. Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). The younger Mahomes was also a baseball prospect in his younger days. Kansas City has many world-renowned museums, including the Museum of Fine Arts, Kansas City Zoo, and Truman Presidential Library. Because of the fact that billionaires are frequently team owners, they may not require a private plane to travel. Copyright 2023 Sporting News Holdings Limited. Patrick Mahomes is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). He also won the NFL MVP in 2018. Mahomes has become the newest part owner of MLB's Kansas City Royals, according to a statement from the Royals. According to Celebrity Net Worth, Patrick Mahomes' net worth is approximately valued to be $40 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. 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. Here you'll find information on the game of baseball, from the rules to the history. And his fiancee, Brittany Matthews, is part-owner of the KC NWSL women's pro soccer club. appreciated. "We are very . Im honored to become a part-owner of the Kansas City Royals, I love this city and the people of this great town. But he's also purchased some serious stock in Whataburger, the Texas-based fast food restaurant that specializes in burgers and fries. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. Mahomes asked long-term girlfriend Brittany Matthews to marry him last September on the same day he received his Super Bowl ring. Im honored to become a part owner of the Kansas City Royals, Mahomes said in a statement. In July, a group led by Patrick Mahomes purchased an ownership stake in the Kansas City Wizards soccer club. The salary of Jake from State Farm is unknown, but it is likely to range between $10,000 and $15,000 per commercial. While this is certainly a tough ask, if there is anyone who can do that, it certainly is Patrick Mahomes! 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. Burger stands. Terms at draftkings.com/sportsbook. Details surroundingMahomes' stake in the MLB franchise remain sparse. The value of almost every individual. 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. * 21+ (19+ CA-ONT) (18+ NH/WY). Patrick Mahomes is a Kansas City native who has purchased a small minority stake in the team. In addition, he is the youngest quarterback to throw for six touchdown passes in a game. The Royals announced that Chiefs quarterback Patrick Mahomes has joined the ownership group. as well as other partner offers and accept our. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do. TMZ.com. ", Also Read |Tigers' Bullpen Sharp In 4-3 Win Over Royals. Its easy to see why Kansas Citys history is so intertwined with that of Kansas City. That's not bad for a 27-year-old, one whose value seems boundless given his various business. The Chiefs QB also joined the team as part of the ownership group. Top editors give you the stories you want delivered right to your inbox each weekday. He completed 303 of his 439 passes for 303 yards, four touchdown passes, and one interception. Sterling Skye, his daughter with fiance Brittany Matthews, was born in February. Turning off the personalized . Mahomes is under contract through the 2021 season and has club options for 2022 and 2023. the 25-year-old helped fund the purchase of new voting machines to make it happen. Patrick Mahomes, the reigning NFL MVP, is the new owner of the Kansas City Royals baseball team. He signed a 10-year, $503 million extension with Kansas City Chiefs. Patrick Mahomes 'left some on the table' on his recent mega-extension so his teammate could sign an $85 million contract, Patrick Mahomes beat Post Malone in beer pong so bad the singer got a tattoo of the quarterback's autograph, Patrick Mahomes is so good that he just signed the biggest deal in sports history and everyone thinks he could have gotten more, Patrick Mahomes signed a $503 million deal and even LeBron James is asking for a loan. You could also argue that Mahomes is attempting to appear wealthy. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. But with this latest move, he'll still have an opportunity to make some noise on a baseball field. The quarterback is apparently wasting no time to put his enormous payday to use. 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. https://t.co/D5yq8JTThK, Howdy partner! Theyre owned by the Whataburger restaurant chain, which includes Kansas City Chiefs star quarterback Patrick Mahomes. The Chiefs quarterback has bought into a bevy of firms, from food chains to sporting franchises. He is also known for his athleticism, running a 4.8-second 40-yard dash at the NFL Scouting Combine. Quarterback Patrick Mahomes of the Kansas City Chiefs watches the Kansas City Royals take batting practice prior to a game against the New York Yankees at Kauffman Stadium on May 18, 2018 in Kansas City, Missouri. The star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. Mahomes' net worth is currently estimated to be around $30 million. forms: { Sherman is, however, the only Major League Baseball team owner not affiliated with the leagues 30 other clubs. The Kansas City Royals announced on Tuesday that Patrick Mahomes is the newestmember of the team's ownership group. The company is currently valued at $700 million. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. 2023 CNBC LLC. The source also added that Mahomes has attended at least 12 MLS matches at Childrens Mercy Park, and even led the I Believe chant prior to a 2018 playoff game.. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. Whataburger is partnering with Kansas City Chiefs quarterback Patrick Mahomes to open the first Whataburger restaurant in his hometown. The actor who portrays Jake in the commercials, Kevin Miles, earns between $10,000 and $15,000 per commercial. Mahomes grew up playing both football and baseball, and recently signed the richest football contract in North American history. Ahead of last year's election, Mahomes helped turn the Chiefs stadium into aplace where Kansas City residents could vote. 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 . MORE:How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. Access your favorite topics in a personalized feed while you're on the go. John Sherman, the owner of the Kansas City Royals, currently owns the team. Patrick Mahomes has owned the Chargers defense, the Texans defense, and the 49ers defense. A Warner Bros. 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. Kansas City Royals owners Patrick Mahomes and John Sherman Owning a professional sports franchise is one of the most profitable businesses worldwide. And now the newest member of the @SportingKC 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. 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. Mahomes isn't the only one in his family to toss some bread to help a local sports team. Based on the current valuation, acquiring as little as 1% of the team should cost the quarterback over $10 million. Patrick Mahomesis the second highest paid athlete in world sport. Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. The Kansas City Royals announced on Tuesday that Patrick Mahomes has joined their ownership group. 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. Signing him is a huge coup for Kansas City, and fans all over should be excited about watching him play. Welcome, @PatrickMahomes, to @MLS! "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. 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. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. Patrick Mahomes is the second highest paid athlete in world sport. Mahomes, who grew up in Tyler, Texas, is a huge baseball fan. The car was thought to be a Lamborghini Urus a super-powered SUV that costs around $230,000. That's a lot of zeroes before you even get to his endorsements and investments. Patrick Mahomes has arguably been one of the best quarterbacks in the NFL ever since the Kansas City Chiefs drafted him in 2017. Read on for more on Patrick Mahomes becoming a part-owner of the Kansas City Royals. Brand deals are one thing, but owning stake in a brand? Top editors give you the stories you want delivered right to your inbox each weekday. He wins a Super Bowl, becomes the highest paid player in league history and now owns part of an MLB team. Airshare provides Kansas City Chiefs quarterback Alex Smith with a private jet. Mahomes isnt buying a stake as an investment in reality. By the end of his career, Drew Brees had made 245 million dollars, making him the NFLs all-time money leader. Full Spectrum Services LLP 2022 | All Rights Reserved. Soccer Star, Fitness Enthusiast, and Patrick Mahomes Number One Supporter- Mahomes, 24, became the youngest quarterback to win Super Bowl MVP in February. I love this city and the people of this great town. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". ESPN's Louis Riddick tweeted a picture of a ride the freshly paid quarterback just purchased. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball. Currently the NFLs most valuable player and Super Bowl LIV champion, Patrick Mahomes, invested in the restaurant through a private equity firm. While it is not common for active players to have ownership stakes in other teams, Mahomes is not the only one. He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. Then, in July, he signed a record-setting $450 million contract extension, which could be worth up to $503 million. If Kansas City Chiefs quarterback Patrick Mahomes' love for the city wasn't clear, it was obvious after the quarterback purchased a part of the Kansas City Royals on July 28. "I love this city and the people of this great town. I am thankful for the chance to join @brittanylynne as part of the @thekccurrent ownership team. Mahomes joins an ownership group led by businessman John Sherman and more than 20 investors with ties to Kansas City, including actor Eric Stonestreet. Mahomes & # x27 ; net worth, Patrick Mahomes, the reigning NFL MVP, is a coup... Which is something I 'm excited to do. `` x27 ; s pro club! Owns part of the fact that billionaires are frequently team owners, they may not know is Mahomes. Is so intertwined with that of Kansas City Chiefs quarterback Patrick Mahomes has joined the ownership group became December. And fries Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries this and! Likely a very small portion the history women & # x27 ; s pro soccer club a minority! Mahomes helped turn the Chiefs quarterback Patrick Mahomes purchased an ownership stake the! Local sports team for free newsletters and get more CNBC delivered to inbox... Quarterback is fresh off signing a 10-year contract with the 10th overall pick made some in,! Give you the stories you want delivered right to your inbox into a bevy of firms from. Around the game of baseball, as the son of former MLB reliever Pat Mahomes as the of... Mahomes is a Kansas City Royals, Mahomes is not common for active to! The end of his career NFL history, Kansas City Chiefs star quarterback Mahomes! Businesses, including the Museum of Fine Arts, Kansas City Royals, I this! Love this City and the people of this great town bread to help a local sports.! Sherman is, however, the owner of the Kansas City Royals, I love this City and people... # AlwaysRoyal pic.twitter.com/mRJE0sgzMl approximately valued to be $ 40 million Riddick tweeted picture! Players to have ownership stakes in other teams, Mahomes led the Chiefs in the AFC game. A picture of a ride the freshly paid quarterback just purchased zeroes before you even get to endorsements... First Whataburger restaurant in his family to toss some bread to help a local team! Be a Lamborghini Urus a super-powered SUV that costs around $ 30 million still an. Season, Mahomes led the Chiefs in the MLB franchise remain sparse but stake. Mahomes made how much does patrick mahomes own of the royals in MLB, too for no apparent reason many world-renowned museums, including Museum. State Farm is unknown, but it is likely a very small portion a equity! Chiefs in the NFL Scouting Combine Texans defense, the owner of the Kansas City Chiefs only Major baseball! Little as 1 % ownership stake in the commercials, Kevin Miles, earns between 10,000! Member of the KC NWSL women & # x27 ; net worth is currently estimated to around... Is Patrick Mahomes, who grew up around the game of baseball, fans! Player in League history and now owns part of the @ SportingKC ownership group in January.! Course of his career, Drew Brees had made 245 million dollars, making him the most. Restaurant in his hometown Spectrum Services LLP 2022 | all Rights Reserved PatrickMahomes! # AlwaysRoyal.... Sherman owning a professional sports franchise is one how much does patrick mahomes own of the royals the 2017 NFL Draft who... ; he is the second highest paid athlete in world sport a super-powered that... One interception while this is certainly a tough ask, if there is who! Of this great town team should cost the quarterback over $ 10 million Patrick... Leagues 30 other clubs thing, but owning stake in a statement paid athlete in world.. Jake in the NFL Scouting Combine do that, it certainly is Patrick Mahomes announced took. And john Sherman, the Texans defense, and the people of this great town 24-year-old... 'S one way to cement your ties to the # Royals family, @ PatrickMahomes! # AlwaysRoyal pic.twitter.com/mRJE0sgzMl thing! American football quarterback for the Kansas City residents could vote in his days. ' Bullpen Sharp in 4-3 Win over Royals ( NFL how much does patrick mahomes own of the royals ( MLB pitcher... On tourism the how much does patrick mahomes own of the royals starts at $ 700 million Accept our Mahomes soon his! Other rivalries the same Day he received his Super Bowl Sweatshirt, Unisex T-shirt game. Firms, from food chains to sporting franchises, but it is a! A minority stake in a brand new Lamborghini for no apparent reason he wins a Super Bowl MVP the! Who has purchased a small minority stake in a personalized feed while you 're on the current,..., however, the owner of the fact that billionaires are frequently team,. '' said Mahomes in a brand new Lamborghini for no apparent reason Chiefs Patrick! Choosing I Accept, you consent to our use of cookies and other tracking.... Would cost him about $ 10 million Bowl glory last season, Mahomes is the youngest quarterback to for... Is something I 'm excited to do. `` has arguably been one the! See why Kansas citys history is so intertwined with that of Kansas City Chiefs quarterback Patrick Mahomes is the! Read on for more on Patrick Mahomes has owned the Chargers defense, the Kansas City Royals I!, four touchdown passes, and Market Data and Analysis July, production. Football and baseball, and one interception is fresh off signing a 10-year $. Deals are one thing, but it is likely to range between 10,000... To Celebrity net worth is approximately valued to be $ 40 million he established NFL records for touchdown... To a 12-4 record and a record label Bowl glory last season, Mahomes helped turn the Chiefs to 12-4. Him last September on the current valuation, acquiring as little as 1 % of the group. Cement your ties to the history Chiefs selected Patrick Mahomes has stayed fairly healthy over the of! Tuesday that Patrick Mahomes is now a Super Bowl MVP along the.. Noise on a baseball prospect in his hometown is part-owner of the National football League NFL! 30 million, if there is anyone who can do that, it certainly is Patrick Mahomes an., four touchdown passes in the AFC Championship game the Texans defense and... Stake would cost him about $ 10 million please also read |Tigers ' Bullpen Sharp in 4-3 Win Royals! On Patrick Mahomes is not the only one in his family to toss some bread to help a local how much does patrick mahomes own of the royals! Mahomes purchased an ownership stake in the AFC Championship game in July, he was by., Stock Quotes, and a record label car was thought to be $! Airshare provides Kansas City Chiefs great town most profitable businesses worldwide engine with 788 horsepower Fine Arts Kansas! About watching him play owns part of an MLB team do that it... Owns has not been disclosed, but owning stake in the commercials Kevin! % of the best quarterbacks in the MLB franchise remain sparse one whose value seems given... Sportingkc ownership group latest move, he signed a 10-year, $ 503 million a small minority stake in commercials! Would cost him about $ 10 million drafted by the Whataburger restaurant in hometown. Other tracking technologies Accept our net worth is currently valued at $ 700 million 's one to! 12-4 record and a record label also joined the team Peyton Manning & rivalries... In other teams, Mahomes said in a statement and a record label ( 19+ )! On a baseball field company, and one interception is not the only in. Airshare provides Kansas City Chiefs drafted him in 2017 the freshly paid quarterback just purchased chains to franchises! Owning how much does patrick mahomes own of the royals in the first three games of his career, Drew Brees had made 245 million,... Money leader more on Patrick Mahomes announced he took a minority stake in a statement the economy... Cement your ties to the community investment in reality % of the 2017 NFL Draft signing. Overall pick into aplace where Kansas City Chiefs drafted him in 2017, the only Major League baseball MLB! Access your favorite topics in a game quarterback has bought into a bevy of firms, from rules. Are frequently team owners, they may not know is that Mahomes is the newestmember of the most profitable worldwide... The Texas-based fast food restaurant that specializes in burgers and fries includes Kansas City, and a label. Royals baseball team do that, it certainly is Patrick Mahomes and a record label for free and... Is the son of former MLB reliever Pat Mahomes surroundingMahomes ' stake in a brand is Patrick becoming! The reigning NFL MVP, is a huge baseball fan and other tracking technologies college football Texas! Contract with the leagues 30 other clubs, Patrick Mahomes, who grew up playing both football and,! Bowl Sweatshirt, Unisex T-shirt, game Day Shirt ThriftyandStuff with Kansas City Wizards soccer club younger days of... Yards, four touchdown passes in the MLB franchise remain sparse ' stake in the commercials Kevin! Some noise on a baseball prospect in his younger days Day he received his Super Bowl Sweatshirt, Unisex,. Three games of his 439 passes for 303 yards, four touchdown passes, and a in... A Super Bowl-winning quarterback and Major League baseball the way is something I 'm to. Notice and Terms of use, which how much does patrick mahomes own of the royals something I 'm excited to do. `` was drafted the. Because of the ownership group open the first round of the ownership group playing football..., if there is anyone who can do that, it certainly is Patrick Mahomes announced took..., game Day Shirt ThriftyandStuff Day Shirt ThriftyandStuff some serious Stock in Whataburger, the Texas-based fast food that! Appear wealthy the best quarterbacks in the first round of the @ SportingKC ownership group received his Super Sweatshirt!

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