He is currently "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. *br> *br> TypePrivateRevenue$2.698 billion Which actor is the owner of whataburger? Soccer Star, Fitness Enthusiast, and Patrick Mahomes Number One Supporter- Mahomes has also won the NFL MVP award twice, in 2018 and 2019. Pat played for several Major League Baseball teams between 1992 and 2003. He also won the NFL MVP in 2018. As the team added a new investor to its co-investor group, John Sherman, the teams Chairman, CEO, and principal owner, expressed his pleasure. 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. He has always expressed his love for the city he reps and has taken a lot of initiatives to do so. In September 2020, the Kansas City Chiefs quarterback put pen-to-paper on a 10-year contract worth an eye-watering $503 million. Jessy is an avid baseball fan and writer for the popular website, Baseball Writes. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. 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. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. What he is buying ownership for is to be an ambassador of the Royals, Chiefs, and Kansas City. While this measure will almost certainly die in the Patrick Mahomes II Kansas City 2X MVP Super Bowl LVII Signature shirt also I will do this Senateas much good legislation doesit's still Democrats last chance to save reproductive rights on a federal level. Have you flown to or from the new KCI yet? Since its inception, Mahomes has donated over $500,000 of his own money to various organizations working towards the charity's mission, according to Fox News. https://twitter.com/LRiddickESPN/status/1288170131311525888. 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. "I love this city and the people of this great town. Copyright 2023 Sporting News Holdings Limited. By doing so, he became the active NFL player to have equity in an NWSL side. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. He is the son of former Major League Baseball (MLB) pitcher Pat Mahomes. Whataburger will open two new restaurants in Platte County in 2023. While the NFL lacks a true superstar quarterback, Patrick Mahomes has the potential to be one. Its easy to see why Kansas Citys history is so intertwined with that of Kansas City. 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. 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. Gambling problem? Airshare provides Kansas City Chiefs quarterback Alex Smith with a private jet. In 2017, the Kansas City Chiefs selected Patrick Mahomes, a quarterback, with the 10th overall pick. As part of the renovations, the couple built a gym and a custom shoe closet for Mahomes' massive sneaker collection, which features upwards of 180 pairs. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. July 28th, 2020. He would had to have purchased his share either through one current owner or multiple owners given up a smaller percentage. Mahomes is also investing in businesses around Kansas City. Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. Here are some of the ways to date that the 25-year-old superstar has spent his money. Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. A Warner Bros. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. Mahomes, 24, will be the youngest part owner in sports history, and he will be a minority owner. Mahomes isn't the only one in his family to toss some bread to help a local sports team. The actor who portrays Jake in the commercials, Kevin Miles, earns between $10,000 and $15,000 per commercial. Email address "I love this city and the people of this great town,". 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.. Patrick Mahomesis the second highest paid athlete in world sport. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. According to Work+Money, Mahomes and Matthews spent around $400,000 renovating the house, situated inthe city's Mission Hills neighborhood. However, it is estimated the Chiefs star parted with quite a hefty sum in order to become a part-owner of the team. The younger Mahomes was also a baseball prospect in his younger days. Packers running back Aaron Rodgers is one of the most well-known NFL players, and he has endorsements with State Farm, Nike, and Gatorade. Patrick Mahomes also released a statement expressing his gratitude and excitement at being a part-owner of the team. During road games, two private jets ferry players around the stadium. becomes the youngest sports owner in history. Mahomes is the son of Pat Mahomes, a former major league pitcher. Patrick Lavon Mahomes II (born September 17, 1995) is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). Discovery Company. He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. "I'm honored to become a part-owner of the Kansas City Royals," Mahomes said in a statement. Here are some of the most prominent: Few things represent the Lone Star State quite as much as a good burger. Well, outside of being two of the best players in their respective sports and pillars of their local communities, they also share business ties. A 10-year-old will have plenty of chances to watch her father play as he continues to excel in the game. The Kansas City Chiefs quarterback won a Super Bowl in February. During his career, Eli Manning set a league record for career earnings with $252 million. } Congratulations! John Sherman, the owner of the Kansas City Royals, currently owns the team. Mahomes Jr. was reportedly even drafted byDetroit Tigers in the 2014 MLBAmateur Draft before he opted to make his career in the NFL instead. Because of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. 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. Yes , Patrick Mahomes became a co-owner of the Kansas City Royals in July 2020 at only 24 years old. After making NFL history, Kansas City Chiefs quarterback Patrick Mahomes made some in MLB, too. having signed a four-year,$670 million deal with the Spanish giant in 2017. on the same day he received his Super Bowl ring. On the season, Mahomes is completing 65 percent of his passes, averaging 297 yards per game against the Broncos. 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. The star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. 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 Detroit Tigers drafted him in 2014, though he never played for them. After winning the Super Bowl in February 2020, Mahomes and Matthews took a luxury vacation to Cabo San Lucas. Mahomes has aligned himself with numerous blue-chip brands over the course of his career, including State Farm and Head and Shoulders. The salary of Jake from State Farm is unknown, but it is likely to range between $10,000 and $15,000 per commercial. Mahomes has stayed fairly healthy over the course of his career. The company is currently valued at $700 million. Sherman further highlighted Mahomes roots in baseball by highlighting how his father, Pat Mahomes, played 11 seasons in MLB. Even a 1% ownership stake would cost him about $10 million. 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. He has been a huge supporter behind-the-scenes. 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. He is also the majority owner of the Kansas City Royals of Major League Baseball (MLB). 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. Mahomes joins an ownership group led by businessman John Sherman and more than 20 investors with ties to Kansas City, including actor Eric Stonestreet. Patrick Mahomes, the Kansas City Chiefs starting quarterback, owns and operates the first Whataburger, which is set to open in the coming weeks. 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. The Chiefs quarterback himself played baseball atTexas Tech for one season in 2015. The youngest owner in MLB history, Patrick Mahomes, purchased a 1% stake in the team. No products in the cart. He also has a minority stake in the Kansas City Royals baseball team. Sara King is accused of . Kansas City has many world-renowned museums, including the Museum of Fine Arts, Kansas City Zoo, and Truman Presidential Library. We are very proud and excited to have Patrick as our partner in the ownership group of this franchise. Given that Rodgers is well-liked, its no surprise that his endorsement deal is one of the NFLs largest. #AlwaysRoyal https://t.co/CDApf9wejT, The Royals announced the news via a statement released Tuesday. Mahomes' baseball path begins with his dad, also named Pat Mahomes. "Nothing like waking up at 8 am to a new car on Monday," Matthews wrote in an Instagram story at the time. New Seahawks' safety Jamal Adams, actor Eric Stonestreet, NWSL starChestley Strother and others reacted too -, This is Legendary brotha. However, the. "I'm honored to become a part owner of the Kansas City Royals," Mahomes said in a statement. As the holder of the biggest contract in NFL history, Patrick Mahomes is, among other things, filthy rich. 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. All Rights Reserved. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. You could also argue that Mahomes is attempting to appear wealthy. 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. { While Mahomes does not check the score at the first read, Alex Smith does. He owns a 1% stake in Major League Baseball's Kansas City Royals, which has an estimated value of $12 million, according to Sportico.. Ownership in the Royals isn't the only spending Mahomes has been doing, either. 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.". Im honored to become a part-owner of the Kansas City Royals, I love this city and the people of this great town. Mahomes has become the newest part owner of MLB's Kansas City Royals, according to a statement from the Royals. Call 1-800-GAMBLER. Turning off the personalized . Is it possible that Patrick Mahomes is intentionally making fun of his fans? Sporting is a community-oriented club, and I am excited to continue supporting the growth of soccer in Kansas City.. 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. Christian McCaffrey, the Carolina Panthers all-time leading run-back, signed a $64 million extension in 2018. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". Per Spotrac, Mahomes has collected a hair over $75 millionthus far in his career. It is a rich and diverse city with a rich history and culture, as well as a plethora of excellent museums and attractions. Since being drafted in the first round of the 2017 NFL Draft, Kansas City Chiefs quarterback Patrick Mahomes has taken the league by storm. 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. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. CNN Sans & 2016 Cable News Network. Mahomes becomes the most popular owner in all of sports. 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. That's a lot of zeroes before you even get to his endorsements and investments. Burger stands. He already owns a stake in the Kansas City Royals in Major League Baseball, and his fiance, Brittany Matthews, also owns a stake in the Kansas City Wizards in the National Womens Soccer League. The portion that he owns has not been disclosed, but it is likely a very small portion. A Division of NBCUniversal. Largely decorative legislation is seemingly the only chance Democrats have to . According to Forbes, the franchise was valued at roughly a billion dollars back then. Patrick Mahomes, the Kansas City Chiefs all-star quarterback, has purchased a minority stake in the team. 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. On top of Mahomes' bumper contract, he also boasts brand deals with Adidas, Oakley,BioSteel Sports Nutrition, and ketchup brand Hunt's,among others. Pat Mahomes has led his Kansas City Chiefs to a 10-2 record this year, which is the best in franchise history. On and off the field, Patrick Mahomes is truly one of the most dominant players in the NFL. Sherman has a unique position in this situation, and he might be able to exploit it. 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. Here are some of the ways to date that the 25-year-old superstar has spent his money. 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.. In this article, we will list down all the sporting investments made by the Kansas City quarterback. But what many fans may not know is that Mahomes is also a part-owner of another professional team: the Kansas City Royals. Sherman is, however, the only Major League Baseball team owner not affiliated with the leagues 30 other clubs. Kansas City is home to the Major League Baseball club. The quarterback is apparently wasting no time to put his enormous payday to use. Access your favorite topics in a personalized feed while you're on the go. As of right now, Patrick Mahomes owns 2% of the Royals. This is an annual salary of approximately $45 million. Im starting to think he might be superhuman. Brittany, Patrick Mahomes fiance, owns a stake in Kansas Citys National Womens Soccer team. In Missouri, Kansas City is the states capital, and it is the states 15th largest city. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. 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 . the 25-year-old helped fund the purchase of new voting machines to make it happen. Mahomes' net worth is currently estimated to be around $30 million. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. If thats not the definition of living the life, then I simply dont know what is. The Kansas City Royals have announced that Mahomes will participate in spring training with the team. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. But That Won't Be The Case For Long. City services include health care, financial services, and technology. As a professional athlete, few things are as important as recovery. All Rights Reserved. Mahomes has also been named to five Pro Bowls, which is quite the achievement in and of itself. On Tuesday, July 28, Mahomes became the part-owner of Major League Baseball franchiseKansas City Royals. "I'm honored to become a part owner of the Kansas City Royals," Mahomes. "I love this city and the people of this great town. Mahomes should know. The NFL has been known to fly its players on private planes, but this is not the norm. Patrick Mahomes is expected to throw for 5,052 yards, 52 touchdown passes, and 12 picks in 2019. The younger Mahomes was also a baseball prospect in his younger days. 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. ); Whataburger is a German treat. We always knew he'd find his way into baseball. Despite this, it is likely that the extension of McCaffreys contract will be voided in the future because the pay ceiling for running backs has yet to be raised. 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. Most dominant players in the team appear wealthy for the popular website, baseball Writes to do ``... During road games, two private jets ferry players around the stadium while Mahomes does not the... A former Major League baseball teams between 1992 and 2003 definition of living life... Help a local sports team reps and has taken a lot of zeroes before you even get to hometown. 2014 MLBAmateur Draft before he opted to make it happen a quarterback, has purchased a owner... 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