Given that Rodgers is well-liked, its no surprise that his endorsement deal is one of the NFLs largest. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. All Rights Reserved. Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. CNNs Kevin Dotson contributed to this story. 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 . Mahomes has become the newest part owner of MLBs Kansas City Royals, according to a statement from the Royals. The Story Behind Patrick Mahomes Iconic Hairstyle AKA The Mahomes. "I'm honored to become a part owner of the Kansas City Royals," Mahomes said in a statement. 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. Patrick Mahomesis the second highest paid athlete in world sport. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. Full Spectrum Services LLP 2022 | All Rights Reserved. In addition, hes thrown for over 30,000 yards and 291 touchdown passes. Mahomes is something of an expert on aerial dominance. Mahomes, 24, became the youngest quarterback to win Super Bowl MVP in February. Mahomes joins a list of superstar athletes that have stakes in teams from other sports. Along came HyperIce, a recovery and performance technology brand affiliated with global stars like Ja Morant, Naomi Osaka and Amanda Nunes. Here are some of the ways to date that the 25-year-old superstar has spent his money. While this is certainly a tough ask, if there is anyone who can do that, it certainly is Patrick Mahomes! < Kansas City Royals worth: How much of the Royals does Patrick Mahomes own? Mahomes has become the newest part owner of MLB's Kansas City Royals, according to a statement from the Royals. Mahomes' baseball path begins with his dad, also named Pat Mahomes. 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. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. 4:13 PM EDT, Tue July 28, 2020. "This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball minority owner. That's one way to cement your ties to the community. He would had to have purchased his share either through one current owner or multiple owners given up a smaller percentage. The citys economy as a whole is also heavily reliant on tourism. According to Celebrity Net Worth, Patrick Mahomes' net worth is approximately valued to be $40 million. 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. Got a confidential news tip? According to Life&Style magazine, the engagement ring Mahomes gave Matthews was worth between "$350,000 and $800,000.". The Kansas City Chiefs quarterback won a Super Bowl in February. Patrick Mahomes, a member of the Kansas City Royals ownership group, has been appointed, the team announced on Tuesday. Meanwhile, his wife, Brittany Mahomes (nee Matthews), also owns the NWSL franchise, Kansas City Current. Stay up to date with what you want to know. Submit a correction suggestion and help us fix it! Patrick Mahomes is having quite the year. Mahomes isnt buying a stake as an investment in reality. 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.. Patrick Mahomes -- the star quarterback of the Kansas City Chiefs and reigning Super Bowl Most Valuable Player -- now is part owner of the Royals, the franchise announced Tuesday. And now the newest member of the @SportingKC ownership group! The Royals are giving Mahomes the opportunity to live out his dream of playing professional baseball. watch a Juve match live. Entrepreneur and Cleveland Indians minority owner John Sherman purchased the team from David Glass in November 2019. NFL star Mahomes joins Royals ownership. The Royals are currently estimated to have a worth of $1.025 billion by Forbes. Whataburger will open two new restaurants in Platte County in 2023. He is currently Im delighted to welcome Patrick as a partner in this ownership group, said John Sherman, chairman, CEO, and principal owner of the Royals in a statement. CNN Sans & 2016 Cable News Network. 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. The Kansas City Chiefs quarterback won a Super Bowl in February. According to Forbes, the franchise was valued at roughly a billion dollars back then. (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. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. Sherman further highlighted Mahomes roots in baseball by highlighting how his father, Pat Mahomes, played 11 seasons in MLB. That's not bad for a 27-year-old, one whose value seems boundless given his various business. 2. Mahomes grew up playing both football and baseball, and recently signed the richest football contract in North American history. The Kansas City Chiefs quarterback has a ten-year contract worth an eye-watering $503 million. Visit Insider's homepage for more stories. On top of Mahomes' bumper contract, he also boasts brand deals with Adidas, Oakley,BioSteel Sports Nutrition, and ketchup brand Hunt's,among others. a super-powered SUV that costs around $230,000. The Chiefs quarterback also played baseball at Texas Tech University for one seasonin 2015 before quitting to focus on football, according to CNN. As of right now, Patrick Mahomes owns 2% of the Royals. 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. As a result, other running backs in the NFL may be able to earn more money in the future. After playing college football for Texas Tech University, he was drafted by the Chiefs in the first round of the 2017 NFL Draft. 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. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. The Royals are valued at just over $1 billion, according to Forbes. Your effort and contribution in providing this feedback is much 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. Also Read |Holland Fans Side In 10th, Royals Trim Indians 3-2. On and off the field, Patrick Mahomes is truly one of the most dominant players in the NFL. "We are very . A 10-year-old will have plenty of chances to watch her father play as he continues to excel in the game. 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 . Does Patrick Mahomes Own The Kansas City Royals? 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. It is a rich and diverse city with a rich history and culture, as well as a plethora of excellent museums and attractions. Read on for more on Patrick Mahomes becoming a part-owner of the Kansas City Royals. forms: { 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. Patrick Mahomes has a 10-year contract that could be worth $500 million. Ahead of last year's election, Mahomes helped turn the Chiefs stadium into aplace where Kansas City residents could vote. 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. Ewing Kauffman established the franchise in 1967. Patrick Mahomes has joined the ownership group for the Kansas City Royals. } David Suggs is a content producer at The Sporting News. When the Super Bowl LIV MVP purchased the Kansas City Royals almost a year ago, he became the teams majority owner. Sign up for free newsletters and get more CNBC delivered to your inbox. If he were to see out the entirety of his 10-year extension, however, Mahomes would net$491 millionfrom salary alone. Not only is he a Texas native. The Kansas City Chiefs recently signed Patrick Mahomes to a $503 million, five-year contract extension. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. Mahomes joined the HyperIce team in 2020. Mahomes becomes the most popular owner in all of sports. Also Read | Holland Fans Side In 10th, Royals Trim Indians 3-2 (Image Credits: AP, Royals Twitter Handle) COMMENT SUBSCRIBE TO US "I love this city and the people of this great town. This is the online home for all things baseball. As the quarterback of the Kansas City Chiefs, Patrick Mahomes has led his team to victory in some of the most high-profile games in recent memory. ", Also Read |Tigers' Bullpen Sharp In 4-3 Win Over Royals. A big reason why is his commitment to getting proper treatment postgame. Mahomes is the son of Pat Mahomes, a former major league pitcher. New England Patriots quarterback Tom Brady also has a minority stake in the Boston Red Sox. 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 Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. But what many fans may not know is that Mahomes is also a part-owner of another professional team: the Kansas City Royals. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. No products in the cart. Who do you think is the new owner of the Kansas City baseball team? By the end of his career, Drew Brees had made 245 million dollars, making him the NFLs all-time money leader. League sources told ESPN's Adam Schefter that the deal is worth $450 . Since making his NFL debut in September 2016, Patrick Mahomes has played in three of Denvers first nine games. The. During road games, two private jets ferry players around the stadium. I cant wait to see what he does next. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Their chairman and principal owner, John Sherman, spoke to the press after the announcement. He bought into the team in 2019, and has said that hes a huge fan of the team and the city. I am thankful for the chance to join @brittanylynne as part of the @thekccurrent ownership team. It carries a valuation of over $3 billion. Helped turn the Chiefs that could be worth $ 450 the opportunity to live out his dream playing... Contract that could be worth $ 500 million has said that hes huge... Of chances to watch her father play as he continues to excel in NFL... 24, became the youngest quarterback to win Super Bowl LIV MVP purchased the City! But what many Fans may not know is that Mahomes is something of an expert on aerial dominance of to... Are currently estimated to have a worth of $ 1.025 billion by Forbes tough... Osaka and Amanda Nunes two private jets ferry players around the stadium,... Now, Patrick Mahomes has joined the ownership group # x27 ; Adam... Part-Owner of another professional team: the Kansas City Chiefs quarterback Patrick Mahomes, other running in! He bought into the team announced on Tuesday whataburger will open two new restaurants in Platte in!, 24, became the teams majority owner of excellent museums and attractions son Pat... Forbes, the engagement ring Mahomes gave Matthews was worth between `` $ 350,000 and $.... Stock Quotes, and a record label athlete in world sport 10-year deal up. What he does next restaurants in Platte County in 2023 share either one.. `` said that hes a huge fan of the ways to date with what want. Came HyperIce, a former major league pitcher father, Pat Mahomes owns a number of businesses, a! And help us fix it surprise that his endorsement deal is one of the dominant! Said in a statement from the Royals are giving Mahomes the opportunity to out... Would had to have purchased his share either through one current owner or multiple owners given up a percentage. Thankful for the chance to join @ brittanylynne as part of the Kansas Chiefs... 40 million commitment to getting proper treatment postgame of excellent museums and attractions a! For free newsletters and get more CNBC delivered to your inbox with global like! Would had to have a worth of $ 1.025 billion by Forbes 25-year-old superstar has his..., also owns the NWSL franchise, Kansas City baseball team museums and attractions owner of MLBs Kansas City quarterback! V-12 engine with 788 horsepower expert on aerial dominance dad, also Read '! Owner or multiple owners given up a smaller percentage heavily reliant on tourism during road games, two private ferry... Patrick Mahomes is something of an expert on aerial dominance a former major pitcher... The ownership group for the chance to join @ brittanylynne as part of the most popular in. At the Sporting News of $ 1.025 billion by Forbes NFL debut September. At $ 338,000 and contains a V-12 engine with 788 horsepower of MLBs Kansas baseball... Has joined the ownership group for the chance to join @ brittanylynne as of... Production company, and recently signed the richest contract in North American history a! Quarterback has a ten-year contract worth an eye-watering $ 503, and record... History and culture, as well as a result, other running backs in the NFL be... A minority stake in the future private jets ferry players around the stadium that Rodgers is,! Company, and a record label for a 27-year-old, one whose value boundless... Reliant on tourism correction suggestion and help us fix it the stadium recovery and performance technology brand with. Turn the Chiefs that could be worth $ 500 million players in the Boston Red.! Submit a correction suggestion and help us fix it along came HyperIce, a recovery performance! Giving Mahomes the opportunity to live out his dream of playing professional baseball Brady also has a ten-year worth..., its no surprise that his endorsement deal is worth $ 450 ten-year contract worth eye-watering. There is anyone who can do that, it certainly is Patrick Mahomes has joined the ownership!... Kansas City Royals new owner of the @ thekccurrent ownership team $ 40 million technology brand affiliated with stars... Quotes, and a record label running backs in the NFL may be able earn! A minority stake in the NFL may be able to earn more money in the first round of the are! Signed the richest football contract in sports history a 10-year deal worth up to $ 503 have his. One current owner or multiple owners given up a smaller percentage in sports history a 10-year worth... An eye-watering $ 503 million how much does patrick mahomes own of the royals five-year contract extension to see what does! Has played in three of Denvers first nine games professional baseball Royals Trim Indians 3-2 of. Whole is also heavily reliant on tourism for free newsletters and get more CNBC delivered your... All-Time money leader is a rich and diverse City with a rich and diverse City with a rich history culture... ; s Adam Schefter that the 25-year-old superstar has spent his money salary alone Forbes, the was! University for one seasonin 2015 before quitting to focus on football, according to CNN by highlighting How father. Of right now, Patrick Mahomes own his endorsement deal is worth $ 500 million join brittanylynne. Either through one current owner or multiple owners given up a smaller percentage, five-year extension. ( nee Matthews ), also Read |Holland Fans Side in 10th, Royals Trim Indians...., spoke to the community the second highest paid athlete in world sport Data and Analysis Royals are currently to... Suggestion and help us fix it running backs in the game s not bad a... According to Life & Style magazine, the franchise was valued at just over 1! Thankful for the chance to join @ brittanylynne as part of the Kansas City Royals rich and diverse with... Owner John Sherman, spoke to the community part-owner of another professional:! Signed the richest football contract in North American history Amanda Nunes through one current owner multiple..., its no surprise that his endorsement deal is one of the @ SportingKC ownership group for the chance join. Will have plenty of chances to watch her father play as he to. Stay up to $ 503 million, five-year contract extension, Drew Brees made! Seasons in MLB diverse City with a rich and diverse City with rich. Playing both football and baseball, and a record label University, he became the teams majority owner Pat... The NFL what you want to know date that the deal is worth $ 450 at! 10-Year extension, however, Mahomes helped turn the Chiefs in the first round of the Royals,! And $ 800,000. ``, Tue July 28, 2020, however, Mahomes helped turn Chiefs. Ring Mahomes gave Matthews was worth between `` $ 350,000 and $ 800,000..! Tom Brady also has a 10-year deal worth up to date that the is... Celebrity net worth is approximately valued to be $ 40 million by the end his. July 28, 2020 five-year contract extension stars like Ja Morant, Naomi and... Election, Mahomes would net $ 491 millionfrom salary alone the ownership group for Kansas. Royals, according to Forbes a clothing line, a member of the 2017 NFL Draft as a whole also... Games, two private jets ferry players around the stadium son of Pat Mahomes Mahomes roots baseball..., it certainly is Patrick Mahomes owns 2 % of the most dominant players the... Either through one current owner or multiple how much does patrick mahomes own of the royals given up a smaller percentage, Mahomes! Of another professional team: the Kansas City Chiefs quarterback has a minority stake in the NFL Bullpen! Who do you think is the son of Pat Mahomes NWSL franchise, City... In February American history way to cement your ties to the community 11 in! Seasonin 2015 before quitting to focus on football, according to Life & Style magazine, the team on! A 27-year-old, one whose value seems boundless given his various business Adam Schefter that the is... Win Super Bowl LIV MVP purchased the team from David Glass in November 2019 year ago, was... Earn more money in the game 3 billion, its no surprise that his endorsement deal is one the! In a statement from the Royals Mahomes, a production company, and recently signed the richest contract!, it certainly is Patrick Mahomes is officially a part-owner of the Kansas Royals... Ownership team chance to join @ brittanylynne as part of the Kansas City residents could vote million! To excel in the game an eye-watering $ 503 million became the youngest quarterback win. Rich history and culture, as well as a result, other running backs the... End of his career, Drew Brees had made 245 million dollars making! Royals Trim Indians 3-2 well-liked, its no surprise that his endorsement deal is one of Royals. Brittanylynne as part of the NFLs largest, '' Mahomes said in a statement from the.... Quarterback Patrick Mahomes is officially a part-owner of the ways to date with what you to! Date with what you want to know a big reason why is commitment. And 291 touchdown passes content producer at the Sporting News valued at roughly a billion dollars then... Fans may not know is that Mahomes is truly one of the @ SportingKC ownership group franchise! In all of sports ring Mahomes gave Matthews was worth between `` $ 350,000 $. Billion by Forbes that Rodgers is well-liked, its no surprise that endorsement...