Kansas City, Missouri, is an ideal place to call home. The two cities roots, history, and culture are all shared by them. Mahomes was named the NFL MVP and Offensive Player of the Year. The portion that he owns has not been disclosed, but it is likely a very small portion. NFL player Brandon Copeland on his 'Life 101' class, reaching out to players, Patrick Mahomes' agent on the making of a household name. The Chiefs QB also joined the team as part of the ownership group. The Story Behind Patrick Mahomes Iconic Hairstyle AKA The Mahomes. 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. 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. Mahomes is also investing in businesses around Kansas City. The. It would be much more convenient for Mahomes, like Stonestreet, to make decisions in the shadows rather than in the office. Aside from a vibrant arts and entertainment scene, there are several other venues in the area, including the Kauffman Center for the Performing Arts, the Nelson-Atkins Museum of Art, and the Sprint Center. 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. NOW WATCH: Danica Patrick on getting into shape, dealing with negative thoughts, and more. Go @Royals!! I love this city and the people of this great town. City services include health care, financial services, and technology. Sherman has served in the United States Army. Miles has also appeared in commercials for other companies, including State Farm Insurance. Copyright 2023 Sporting News Holdings Limited. Who do you think is the new owner of the Kansas City baseball team? Call 1-800-GAMBLER. The citys economy as a whole is also heavily reliant on tourism. Brittany Mahomes, the wife of Kansas City Chiefs quarterback Patrick Mahomes, has seemingly fired back at critics after she was blasted as "annoying" and "crazy" during a recent episode of The Joe Rogan Experience podcast.. 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. put pen-to-paper on a 10-year contract worth an eye-watering $503 million. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball minority owner. 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. The Kansas City Royals announced on Tuesday that Patrick Mahomes has joined their ownership group. In this article, we will list down all the sporting investments made by the Kansas City quarterback. 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. Mahomes has become the newest part owner of MLBs Kansas City Royals, according to a statement from the Royals. Mahomes' net worth is currently estimated to be around $30 million. John Sherman, the owner of the Kansas City Royals, currently owns the team. Patrick Mahomes also released a statement expressing his gratitude and excitement at being a part-owner of the team. Hes averaged 96.9 points per game in those three wins, and hes outplayed them all three times. "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. Patrick Mahomes is the king of Kansas City -- the Chiefs superstar is now a part-owner of the Royals, the team announced Tuesday. That brings its perks. https://twitter.com/LRiddickESPN/status/1288170131311525888. 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. Does Patrick Mahomes Own The Kansas City Royals? The MLS club is currently valued at $550 million and brings in over $45 million in revenue during a typical, non-pandemic year. 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. The Royals are giving Mahomes the opportunity to live out his dream of playing professional baseball. 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. LeBron James is a part owner of soccer powerhouse Liverpool F.C., Russell Wilson is a part owner of the Seattle Sounders F.C., and Serena and Venus Williams are part owners of the Miami Dolphins. Sherman further highlighted Mahomes roots in baseball by highlighting how his father, Pat Mahomes, played 11 seasons in MLB. Patrick Mahomes is a Kansas City native who has purchased a small minority stake in the team. As the team added a new investor to its co-investor group, John Sherman, the teams Chairman, CEO, and principal owner, expressed his pleasure. The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. Sign up for free newsletters and get more CNBC delivered to your inbox. Mahomes isnt buying a stake as an investment in reality. Terms at draftkings.com/sportsbook. Also Read |Holland Fans Side In 10th, Royals Trim Indians 3-2. 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. On the season, Mahomes is completing 65 percent of his passes, averaging 297 yards per game against the Broncos. And his fiancee, Brittany Matthews, is part-owner of the KC NWSL women's pro soccer club. He also won the NFL MVP in 2018. Email address Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. This is the online home for all things baseball. *br> *br> TypePrivateRevenue$2.698 billion Which actor is the owner of whataburger? He looked into the end zone for Sammy Watkins first, then Travis Kelce, and finally Kareem Hunt at the end. Patrick Mahomes contract. 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. 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. 2. Earlier this month, Mahomes signed a 10-year extension with the Chiefs that ties him to Kansas City through the 2031 season. Signing him is a huge coup for Kansas City, and fans all over should be excited about watching him play. He has always expressed his love for the city he reps and has taken a lot of initiatives to do so. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. Read on for more on Patrick Mahomes becoming a part-owner of the Kansas City Royals. "I love this city and the people of this great town,". According to Celebrity Net Worth, Patrick Mahomes' net worth is approximately valued to be $40 million. https://t.co/D5yq8JTThK, Howdy partner! 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. A Division of NBCUniversal. Patrick Mahomes, the Kansas City Chiefs all-star quarterback, has purchased a minority stake in the team. He is also known for his flashy lifestyle, which extends beyond his on-field success. The Royals are currently estimated to have a worth of $1.025 billion by Forbes. @NWSL team next? There is a significant amount of economic activity in Kansas City. Which Whataburger does Mahomes own? Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. 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. 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. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. Patrick Lavon Mahomes II (born September 17, 1995) is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). Chiefs quarterback Patrick Mahomes has found a way to spend a little of the money coming his way.Mahomes signed an extension through 2031 earlier this month that can pay him up to $503 million and . Top editors give you the stories you want delivered right to your inbox each weekday. The Kansas City Chiefs recently signed Patrick Mahomes to a $503 million, five-year contract extension. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. Suresh Menon is an NFL and Football writer at EssentiallySports. Updated Mahomes and Durant are among a group of athletes invested in Whoop, a human performance company that makes fitness trackers. 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. Mahomes father was an MLB pitcher between 1992 and 2003, while Mahomes himself played the sport at college for one season in 2015. Just weeks after inking a 10-year . He also has a minority stake in the Kansas City Royals baseball team. Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field.. CNNs Kevin Dotson contributed to this story. Mahomes is the Chiefs starting quarterback, and has led the team to two consecutive AFC Championship games. As of right now, Patrick Mahomes owns 2% of the Royals. The Royals are valued at just over $1 billion, according to Forbes. listeners: [], After winning the Super Bowl in February 2020, Mahomes and Matthews took a luxury vacation to Cabo San Lucas. Currently the NFLs most valuable player and Super Bowl LIV champion, Patrick Mahomes, invested in the restaurant through a private equity firm. Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). 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). Chiefs QB Patrick Mahomes looked for ways to get involved in baseball other than as a player. 7/28/2020 9:34 AM PT. Unlike MLB deals, NFL contracts arent fully guaranteed, so Mahomes cant quite start spending like he has earned his entire half a billion dollar contract. It's fair to say he made the right choice by playing football. Visit Insider's homepage for more stories. 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. @ JayCat11. It is not only Kansas largest city, but it is also its largest city in terms of population. Get this delivered to your inbox, and more info about our products and services. Patrick Mahomes has joined the ownership group for the Kansas City Royals. This is a great move by the Royals. He signed a 10-year, up-to-$503 million contract extension earlier this month, the richest in sports history. Im honored to become a part owner of the Kansas City Royals, Mahomes said in a statement. It has already paid major dividends. Im honored to become a part-owner of the Kansas City Royals, 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. 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 move comes after Mahomes inked an extension that could be worth more than half a billion dollars. Jessy is an avid baseball fan and writer for the popular website, Baseball Writes. 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. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. After making NFL history, Kansas City Chiefs quarterback Patrick Mahomes made some in MLB, too. In Missouri, Kansas City is the states capital, and it is the states 15th largest city. Pat Mahomes has led his Kansas City Chiefs to a 10-2 record this year, which is the best in franchise history. As the holder of the biggest contract in NFL history, Patrick Mahomes is, among other things, filthy rich. Whataburger is partnering with Kansas City Chiefs quarterback Patrick Mahomes to open the first Whataburger restaurant in his hometown. ", MORE:Patrick Mahomes' family tree: Meet the Chiefs QB's wife Brittany, brother Jackson, parents & kids. Also Read | Holland Fans Side In 10th, Royals Trim Indians 3-2 (Image Credits: AP, Royals Twitter Handle) COMMENT SUBSCRIBE TO US This opportunity allows me to deepen my roots in this community, which is something Im excited to do., Exactly a year after Mahomes became part owner of KC Royals, he bought ownership of Major League Soccer club Sporting Kansas City. The younger Mahomes was also a baseball prospect in his younger days. signing 10-year contract extension with the Kansas City Chiefs worth up to $503 million. Then, in July, he signed a record-setting $450 million contract extension, which could be worth up to $503 million. 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. 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. Have you flown to or from the new KCI yet? Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. As a professional athlete, few things are as important as recovery. He is also the majority owner of the Kansas City Royals of Major League Baseball (MLB). Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. "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. 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