Chiefs president Mark Donovan said the 25-year-old helped fund the purchase of new voting machines to make it happen. Kansas City Royals owners Patrick Mahomes and John Sherman Owning a professional sports franchise is one of the most profitable businesses worldwide. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. 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. Mahomes, who grew up in the Kansas City area, said he is excited and humbled to be a part of the Royals organization. I love this city and the people of this great town. The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. Mahomes also owns part of the Kansas City Royals. 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. window.mc4wp = window.mc4wp || { 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. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. { Who do you think is the new owner of the Kansas City baseball team? Patrick Mahomes is a Kansas City native who has purchased a small minority stake in the team. 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). Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. The car was thought to be a Lamborghini Urus a super-powered SUV that costs around $230,000. The star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. The Royals are valued at just over $1 billion, according to Forbes. He has been a huge supporter behind-the-scenes. 2023 Celebrity Net Worth / All Rights Reserved. Turning off the personalized . According to Life&Style magazine, the engagement ring Mahomes gave Matthews was worth between "$350,000 and $800,000.". As a professional athlete, few things are as important as recovery. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. The Kansas City Chiefs quarterback won a Super Bowl in February. What do Patrick Mahomes and Kevin Durant have in common? His salary is modest when compared to some of the leagues top quarterbacks, but his contract contains club options for 2022, 2023, which allow the club plenty of flexibility in terms of his salary. Mahomes joins a list of superstar athletes that have stakes in teams from other sports. Patrick Mahomes has joined the ownership group for the Kansas City Royals. Full Spectrum Services LLP 2022 | All Rights Reserved. A post shared by Patrick Mahomes II (@patrickmahomes). In January, Mahomes surprised his Matthews with a brand new Lamborghini for no apparent reason. Does Patrick Mahomes Own The Kansas City Royals? "This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. 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. 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. Patrick Mahomes will be a Kansas City Chiefs player for the next ten years, with a contract worth 450 million dollars. Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. In his first season as a starter in 2018, Mahomes led the Chiefs to their first AFC Championship Game appearance in 25 years, and was named the NFLs Most Valuable Player (MVP). The Chiefs quarterback himself played baseball atTexas Tech for one season in 2015. } These are all brand ambassador roles and carry a bit more headline value than operational value. He isnt part of the leagues 30 owners, and he appears to be unconcerned about it. 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. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. Chiefs QB Patrick Mahomes just signed a contract extension with the team that is said to be the most lucrative deal in sports history. The Royals have added some Kansas City royalty to their franchise. Not only is he a Texas native. (function() { Whatcha think @PatrickMahomes ? 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. It's a partnership that offers Mahomes plenty of breathing room, allowing him to use private aircraft at his own leisure. NBA star LeBron James is a minority owner Premier League champions Liverpool FC,Russell Wilson is a part-owner of MLS franchiseSeattle Sounders F.C while Kevin Durant recently joined MLS' Philadelphia Union as part-owner. Just weeks after inking a 10-year . He wins a Super Bowl, becomes the highest paid player in league history and now owns part of an MLB team. Patrick Mahomes, the Kansas City Chiefs starting quarterback, owns and operates the first Whataburger, which is set to open in the coming weeks. Airshare provides Kansas City Chiefs quarterback Alex Smith with a private jet. On Tuesday, July 28, Mahomes became the part-owner of Major League Baseball franchiseKansas City Royals. According to Forbes, Rodgers endorsement of State Farm could earn him up to $3 million. 2023 CNBC LLC. 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. Patrick Mahomes contract. Because of his services, the Chiefs should pay him a fair salary. "Patrick Mahomes YOU THE BEST #momcar.". The value of almost every individual. Mahomes joined the HyperIce team in 2020. The Kansas City Chiefs quarterback has a ten-year contract. Im honored to become a part-owner of the Kansas City Royals, I love this city and the people of this great town. In addition, hes thrown for over 30,000 yards and 291 touchdown passes. Details surroundingMahomes' stake in the MLB franchise remain sparse. No, Patrick Mahomes does not own the Denver Broncos. Those partners may have their own information they've collected about you. 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. The Royals are currently estimated to have a worth of $1.025 billion by Forbes. 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. } The youngest owner in MLB history, Patrick Mahomes, purchased a 1% stake in the team. The two cities roots, history, and culture are all shared by them. As the holder of the biggest contract in NFL history, Patrick Mahomes is, among other things, filthy rich. NFL MVP. Sign up for notifications from Insider! He is the quarterback for the Kansas City Chiefs. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. 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.. put pen-to-paper on a 10-year contract worth an eye-watering $503 million. The. What he is buying ownership for is to be an ambassador of the Royals, Chiefs, and Kansas City. "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. In Missouri, Kansas City is the states capital, and it is the states 15th largest city. Patrick Mahomes is the second highest paid athlete in world sport. Per Celebrity Net Worth, Mahomes carries anet worth of$40 million. Mahomes' father, Pat, was also a pitcher in the majors for 11 seasons. https://twitter.com/LRiddickESPN/status/1288170131311525888. Then, in July, he signed a record-setting $450 million contract extension, which could be worth up to $503 million. It would be much more convenient for Mahomes, like Stonestreet, to make decisions in the shadows rather than in the office. "We. We also offer a variety of resources for baseball players, including tips on hitting, pitching, and fielding. And his fiancee, Brittany Matthews, is part-owner of the KC NWSL women's pro soccer club. It's fair to say he made the right choice by playing football. 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. Sherman and his wife Susie purchased the Royals from David Einhorn in 2013, and Sherman has been their owner ever since. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". "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. Kansas City Royals worth: Reigning Super Bowl MVP Patrick Mahomes just became the part-owner of the MLB franchise. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. "I love this city and the people of this great town. He established NFL records for most touchdown passes in the first three games of his career. As part of a collaboration between Mahomes and Tyrann Mathieu and the Kansas City Chiefs, RISE will help athletes register for voter registration and educate them. 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. Theres no doubt at all hes the man! Go @Royals!! Patrick Mahomes, who won the Super Bowl LIV in 2017, has joined the ownership group of Major League Soccers (MLS) parent company. Mahomes and Durant are among a group of athletes invested in Whoop, a human performance company that makes fitness trackers. Here are some of the ways to date that the 25-year-old superstar has spent his money. The portion that he owns has not been disclosed, but it is likely a very small portion. 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. Ahead of last year's election, Mahomes helped turn the Chiefs stadium into aplace where Kansas City residents could vote. 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. Seriously, is there anything this man cant do? Mahomes is something of an expert on aerial dominance. 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