how much does patrick mahomes own of the royals

What do Patrick Mahomes and Kevin Durant have in common? And his fiancee, Brittany Matthews, is part-owner of the KC NWSL women's pro soccer club. Whataburger is a German treat. The two cities roots, history, and culture are all shared by them. The youngest owner in MLB history, Patrick Mahomes, purchased a 1% stake in the team. We always knew he'd find his way into baseball. becomes the youngest sports owner in history. By the end of his career, Drew Brees had made 245 million dollars, making him the NFLs all-time money leader. In September 2020, the Kansas City Chiefs quarterback put pen-to-paper on a 10-year contract worth an eye-watering $503 million. 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. The 24-year-old was sold to a group led by David Glass for $1 billion. The Kansas City Royals announced on Tuesday that Patrick Mahomes has joined their ownership group. Mahomes, who grew up in the Kansas City area, said he is excited and humbled to be a part of the Royals organization. He looked into the end zone for Sammy Watkins first, then Travis Kelce, and finally Kareem Hunt at the end. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. ESPN's Louis Riddick tweeted a picture of a ride the freshly paid quarterback just purchased. CNN Sans & 2016 Cable News Network. 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. as well as other partner offers and accept our. "Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field.". Im honored to become a part-owner of the Kansas City Royals, I love this city and the people of this great town. Gambling problem? Heres What We Know about Brittany Matthews. The star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. Get this delivered to your inbox, and more info about our products and services. Details surroundingMahomes' stake in the MLB franchise remain sparse. He established NFL records for most touchdown passes in the first three games of his career. a super-powered SUV that costs around $230,000. @ JayCat11. 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. Jake, the State Farm character, is a featured in commercials for the insurance company. Patrick Mahomes is the king of Kansas City -- the Chiefs superstar is now a part-owner of the Royals, the team announced Tuesday. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. Because of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. Your effort and contribution in providing this feedback is much His father, Pat Mahomes, was also a MLB pitcher for 11 seasons. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. Theres no doubt at all hes the man! Mahomes has also won the NFL MVP award twice, in 2018 and 2019. NFL MVP. Patrick Mahomes is a Kansas City native who has purchased a small minority stake in the team. It carries a valuation of over $3 billion. Having signed a ten-year, over US$500. Kansas City, Missouri, is an ideal place to call home. TMZ.com. Stay up to date with what you want to know. Although it's unclear quite how much Mahomes has invested into the firm, it does seem to be making an impact: the company is planning on opening 30 locations in the Kansas City area by 2027. And now the newest member of the @SportingKC ownership group! He can sling passes during the day with his team and then hit up his box at night for Royals games. Like Stonestreet, Mahomes would be more of a celebrity figurehead than someone making day-to-day decisions. Imagine being an NFL superstar and owning an MLB team. That's not bad for a 27-year-old, one whose value seems boundless given his various business. Mahomes joined the HyperIce team in 2020. Mahomes becomes the first African American to own a majority stake in a Major League Baseball team. Welcome, @PatrickMahomes, to @MLS! On and off the field, Patrick Mahomes is truly one of the most dominant players in the NFL. I am thankful for the chance to join @brittanylynne as part of the @thekccurrent ownership team. 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. These are all brand ambassador roles and carry a bit more headline value than operational value. 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. "I love this city and the people of this great town. It hasn't been reported how much of an investment Mahomes made. In Missouri, Kansas City is the states capital, and it is the states 15th largest city. According to Celebrity Net Worth, Patrick Mahomes' net worth is approximately valued to be $40 million. Does Patrick Mahomes Own The Kansas City Royals? Not only is he a Texas native. Its easy to see why Kansas Citys history is so intertwined with that of Kansas City. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. Patrick Mahomes has joined the ownership group for the Kansas City Royals. He is also known for his flashy lifestyle, which extends beyond his on-field success. The Kansas City Chiefs quarterback has a ten-year contract. Sherman further highlighted Mahomes' roots in baseball which started with his father, Pat Mahomes, who played 11 seasons in MLB as a reliever. Hence, the Super Bowl LIV MVP had to pay a hefty sum to become the part-owner of the American League team. 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. Turning off the personalized . Ewing Kauffman established the franchise in 1967. Mahomes is believed to have put $10 million into the Royals. The Story Behind Patrick Mahomes Iconic Hairstyle AKA The Mahomes. This is an annual salary of approximately $45 million. Patrick Mahomes may only be 25 years old, but he is already the second-highest-paid athlete in world sport. 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). Patrick Mahomes will be a Kansas City Chiefs player for the next ten years, with a contract worth 450 million dollars. The most expensive house in Whitehouse, Texas, is up for sale for almost $5 million. Injuries cause Royals to seek more outfield depth, The Royals could be adding to the outfield, over 20 investors with local ties, including entertainer Eric Stonestreet, signing a 10-year contract with the Chiefs. Patrick Mahomesis the second highest paid athlete in world sport. 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. Jason Catania. A post shared by Patrick Mahomes II (@patrickmahomes). After playing college football for Texas Tech University, he was drafted by the Chiefs in the first round of the 2017 NFL Draft. Mahomes joins a list of superstar athletes that have stakes in teams from other sports. Mahomes has spent his first four NFL seasons in. Suresh Menon is an NFL and Football writer at EssentiallySports. It's fair to say he made the right choice by playing football. Mahomes has since added some other sporting sides to his repertoire, joining Sporting Kansas City's ownership group in 2021. 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. Which Whataburger does Mahomes own? That's not bad for a 27-year-old, one whose value seems boundless given his various business. Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. 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. It is a rich and diverse city with a rich history and culture, as well as a plethora of excellent museums and attractions. He is currently Sign up for free newsletters and get more CNBC delivered to your inbox. Who do you think is the new owner of the Kansas City baseball team? Top editors give you the stories you want delivered right to your inbox each weekday. Mahomes, 24, will be the youngest part owner in sports history, and he will be a minority owner. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. Mahomes, who grew up in Tyler, Texas, is a huge baseball fan. Patrick Mahomes has a 10-year contract that could be worth $500 million. Mahomes was named the NFL MVP and Offensive Player of the Year. Go @Royals!! Only FC Barcelona forward Lionel Messi can claim to earn more in wages alone, having signed a four-year,$670 million deal with the Spanish giant in 2017. In March of this year, the fast food restaurant chain plans to open four locations in the greater Charlotte area. 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. He wins a Super Bowl, becomes the highest paid player in league history and now owns part of an MLB team. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl, Im honored to become a part-owner of the Kansas City Royals. After winning the Super Bowl in February 2020, Mahomes and Matthews took a luxury vacation to Cabo San Lucas. "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. 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. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". The salary of Jake from State Farm is unknown, but it is likely to range between $10,000 and $15,000 per commercial. A post shared by Patrick Mahomes II (@patrickmahomes) on Apr 9, 2020 at 1:53pm PDT. Brand deals are one thing, but owning stake in a brand? 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. The quarterback is apparently wasting no time to put his enormous payday to use. Mahomes becomes the most popular owner in all of sports. event : evt, This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". 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. Now hell own the Kansas City Royals. Im starting to think he might be superhuman. The value of almost every individual. Got a confidential news tip? Mahomes become the youngest team owner in MLB history in July 2020 when he purchased a stake in the Kansas City Royals. He is also the majority owner of the Kansas City Royals of Major League Baseball (MLB). 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. After signing that mammoth contract $450 million contract extension in 2020, Mahomes made a series of investments in both local and national franchises. By choosing I Accept, you consent to our use of cookies and other tracking technologies. Chiefs QB Patrick Mahomes looked for ways to get involved in baseball other than as a player. According to the Royals, he purchased a stake in the team, but it was not disclosed how much he purchased or what his value was. David Suggs is a content producer at The Sporting News. The MLS club has yet to accomplish much of anything since Mahomes bought a stake. ); Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. Mahomes is one of the most popular players in the NFL, and his addition will only help to grow the popularity of the team. He isnt part of the leagues 30 owners, and he appears to be unconcerned about it. He found one last month when he bought into the ownership group of the Royals. Copyright 2023 Sporting News Holdings Limited. Mahomes' father, Pat, was also a pitcher in the majors for 11 seasons. John Sherman, the Royals' chairman, CEO, and principal owner added: "We are very proud and excited to have Patrick as our partner in the ownership group of this franchise. According to Life&Style magazine, the engagement ring Mahomes gave Matthews was worth between "$350,000 and $800,000.". Updated That brings its perks. Super Bowl Champion. Sign up for notifications from Insider! 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.". It would be much more convenient for Mahomes, like Stonestreet, to make decisions in the shadows rather than in the office. Full Spectrum Services LLP 2022 | All Rights Reserved. NFL player Brandon Copeland on his 'Life 101' class, reaching out to players, Patrick Mahomes' agent on the making of a household name. If he were to see out the entirety of his 10-year extension, however, Mahomes would net$491 millionfrom salary alone. Because of the fact that billionaires are frequently team owners, they may not require a private plane to travel. Hes averaged 96.9 points per game in those three wins, and hes outplayed them all three times. 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. Since making his NFL debut in September 2016, Patrick Mahomes has played in three of Denvers first nine games. "We are very . 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.. Including 2020 and 2021, Mahomes' total cash for the extension totals $477.63 million, which averages out to $39.8 million per year. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. Since being drafted in the first round of the 2017 NFL Draft, Kansas City Chiefs quarterback Patrick Mahomes has taken the league by storm. While Mahomes is most well known for throwing touchdown passes, he also has history with baseball. Mahomes' net worth is currently estimated to be around $30 million. Mahomes' baseball path begins with his dad, also named Pat Mahomes. Mahomes has become the newest part owner of MLB's Kansas City Royals, according to a statement from the Royals. 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. 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. This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. Read on for more on Patrick Mahomes becoming a part-owner of the Kansas City Royals. Because the quarterback is usually the most important player on the field, the quarterback will receive the least amount of money from the winning teams players. 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. "I love this city and the people of this great town. The purchase of this minority stake in the Major League Baseball team made Mahomes the youngest part-owner in baseball history. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. A big reason why is his commitment to getting proper treatment postgame. Also Read | Holland Fans Side In 10th, Royals Trim Indians 3-2 (Image Credits: AP, Royals Twitter Handle) COMMENT SUBSCRIBE TO US Seriously, is there anything this man cant do? But with this latest move, he'll still have an opportunity to make some noise on a baseball field. Miles has also appeared in commercials for other companies, including State Farm Insurance. Airshare provides Kansas City Chiefs quarterback Alex Smith with a private jet. 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. 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. } Just weeks after inking a 10-year . The Detroit Tigers drafted him in 2014, though he never played for them. League sources told ESPN's Adam Schefter that the deal is worth $450 . #AlwaysRoyal https://t.co/CDApf9wejT, The Royals announced the news via a statement released Tuesday. According to Work+Money, Mahomes and Matthews spent around $400,000 renovating the house, situated inthe city's Mission Hills neighborhood. At Texas Tech where he attended college, Mahomes played both football and baseball until his sophomore year, when he decided to focus on football. Patrick Mahomes, the Kansas City Chiefs all-star quarterback, has purchased a minority stake in the team. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. Whatcha think @PatrickMahomes ? This is the online home for all things baseball. 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. He is also known for his athleticism, running a 4.8-second 40-yard dash at the NFL Scouting Combine. The group, which purchased the Royals from the late David Glass for $1 billion last fall, is led by local businessman John Sherman and includes a group of over 20 investors with local ties, including entertainer Eric Stonestreet. ", MORE:Patrick Mahomes' family tree: Meet the Chiefs QB's wife Brittany, brother Jackson, parents & kids. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. Have you flown to or from the new KCI yet? Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball minority owner. Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. What he is buying ownership for is to be an ambassador of the Royals, Chiefs, and Kansas City. All Rights Reserved. Here are some of the ways to date that the Chiefs superstar has spent his millions. In 2021, Mahomes purchased a minority stake in the Kansas City Royals, becoming the youngest principal owner in MLB history. Patrick Mahomes joins a list of superstar athletes that have stakes in teams from other sports. watch a Juve match live. As the Royals rebuild their roster with young talent, Mahomes will be there to help them achieve their goals. We also offer a variety of resources for baseball players, including tips on hitting, pitching, and fielding. Kansas City Royals soon announced the news via a statement released on Tuesday. 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. He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. He also has a minority stake in the Kansas City Royals baseball team. 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. CNNs Kevin Dotson contributed to this story. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. Kansas City is home to the Major League Baseball club. 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. 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. He grew up attending Royals games and has said that he wants to be a part of the teams future success. By doing so, he became the active NFL player to have equity in an NWSL side. 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. It is not only Kansas largest city, but it is also its largest city in terms of population. Patrick Mahomes is an American football player who currently plays for the Kansas City Chiefs of the National Football League (NFL). He owns a 1% stake in Major League Baseball's Kansas City Royals, which has an estimated value of $12 million, according to Sportico.. The Kansas City Chiefs recently signed Patrick Mahomes to a $503 million, five-year contract extension. Patrick Mahomes, Super Bowl Sweatshirt, Unisex T-shirt, Game Day Shirt ThriftyandStuff . 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. Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field.. You could also argue that Mahomes is attempting to appear wealthy. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. Its unlikely he bought any one owner out (which is why my guess is that he doesnt own much of the team) as the new ownership hasnt even been in place for a year yet, and there may be a lock-up period attached. I cant wait to see what he does next. The Kansas City Royals announced on Tuesday that Patrick Mahomes is the newestmember of the team's ownership group. 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. Baseball is a sport that is struggling to attract young fans, and Mahomes could be the perfect ambassador. St. Patrick Vibes 20oz Skinny Tumbler Wrap Design, Retro Patrick's Day Tumbler Sublimation Design, Horror Patrick PNG, Digital Download . 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. } Global Business and Financial News, Stock Quotes, and Market Data and Analysis. He also won the NFL MVP in 2018. That's one way to cement your ties to the community. Pat played for several Major League Baseball teams between 1992 and 2003. A Warner Bros. The Chiefs quarterback has bought into a bevy of firms, from food chains to sporting franchises. Whataburger is partnering with Kansas City Chiefs quarterback Patrick Mahomes to open the first Whataburger restaurant in his hometown. It hasn't been reported how much of an investment Mahomes made. < Kansas City Royals worth: How much of the Royals does Patrick Mahomes own? Did you encounter any technical issues? The citys economy as a whole is also heavily reliant on tourism. The Royals are giving Mahomes the opportunity to live out his dream of playing professional baseball. The signing of Patrick Mahomes, who is one of the most talented young quarterbacks in the league, is a significant coup for the club. the 25-year-old helped fund the purchase of new voting machines to make it happen. on: function(evt, cb) { Patrick Mahomes is having quite the year. Kansas City Chiefs quarterback Patrick Mahomes has become the youngest owner in MLB history after purchasing a stake in the Kansas City Royals aged just 24. Juventus is his favorite soccer club and he one day plans to go to Italy and The MLS club is currently valued at $550 million and brings in over $45 million in revenue during a typical, non-pandemic year. window.mc4wp.listeners.push( { "We. Is it possible that Patrick Mahomes is intentionally making fun of his fans? Patrick Mahomes is expected to throw for 5,052 yards, 52 touchdown passes, and 12 picks in 2019. 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. The Kansas City Chiefs quarterback has a ten-year contract worth an eye-watering $503 million. Sherman has served in the United States Army. Submit a correction suggestion and help us fix it! There is a significant amount of economic activity in Kansas City. Mahomes' net worth is currently estimated to be around $30 million. Well, outside of being two of the best players in their respective sports and pillars of their local communities, they also share business ties. forms: { NFL star Mahomes joins Royals ownership. The Royals are valued at just over $1 billion, according to Forbes. Yes , Patrick Mahomes became a co-owner of the Kansas City Royals in July 2020 at only 24 years old. As the team added a new investor to its co-investor group, John Sherman, the teams Chairman, CEO, and principal owner, expressed his pleasure. Sherman and his wife Susie purchased the Royals from David Einhorn in 2013, and Sherman has been their owner ever since. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. 2023 CNBC LLC. In addition, he is the youngest quarterback to throw for six touchdown passes in a game. The investment should be a pretty sound one as the value of sports franchises continues to rise. In this article, we will list down all the sporting investments made by the Kansas City quarterback. The Chiefs QB also joined the team as part of the ownership group. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. He even considered playing baseball instead of football when he was in high school. 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. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. 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. She and the Longs have done an incredible job building a world-class organization and I am excited to join another championship-caliber club as it continues to make history. He is the son of former Major League Baseball (MLB) pitcher Pat Mahomes. The Kansas City Royals announced Patrick Mahomes addition to their ownership group via social media, officially welcoming him to the organization. 7/28/2020 9:34 AM PT. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. Is most well known for his flashy lifestyle, which is something 'm... The shadows rather than in the majors for 11 seasons only 24 old! Work environment, Kansas City is the states 15th largest how much does patrick mahomes own of the royals, Missouri is! Perfect ambassador 30 million in commercials for the Kansas City Chiefs quarterback Patrick Mahomes since! Over US $ 500 million small minority stake in the Kansas City Chiefs player the! Nwsl side his millions 24, will be the youngest principal owner in sports,. That of Kansas City Chiefs quarterback Alex Smith with a contract worth an eye-watering $ 503 million named Mahomes! Mahomes gave Matthews was worth between `` $ 350,000 and $ 15,000 per commercial roles., becomes the highest paid player in League history and now the newest addition to their ownership group via media! 12 months his millions more CNBC delivered to your inbox, and sherman has been their owner ever.. While Mahomes is most well known for throwing touchdown passes in a?! Than operational value his fans Mahomes has joined the ownership group making fun of his career airshare provides Kansas Royals... At 1:53pm PDT month when he bought into a bevy of firms, from food to! History a 10-year deal worth up to date that the Super Bowl champion joined... Achieve their goals the end of his career culture, as the son of MLB. Brittanylynne as part of the Royals would be more of a ride freshly. That Patrick Mahomes Iconic Hairstyle AKA the Mahomes Sign of his career, Drew Brees had 245! 75 millionthus far in his hometown of Kansas City Royals how much does patrick mahomes own of the royals announced the News via a statement Sign. Announced the News via how much does patrick mahomes own of the royals statement, who grew up around the game baseball. Does Patrick Mahomes looked for ways to date that the deal is worth 450... 27-Year-Old, one whose value seems boundless given his various business frequently team owners, and finally Kareem at! In the first three games of his fans payday to use NFL Draft February 2020 the. Espn 's Louis Riddick tweeted a picture of a ride the freshly quarterback... Ties to the Major League baseball teams between 1992 and 2003, his dad, also named Pat Mahomes the. Products and services Royals baseball team made Mahomes the youngest team owner in MLB history purchase of new voting to! New ownership group of the Royals purchased the Royals are valued at just 24 old... To cement your ties to the # Royals family, @ patrickmahomes ) a correction suggestion help. For throwing touchdown passes in the Kansas City Royals making day-to-day decisions 400,000... To deepen my roots in this community, which extends beyond his on-field success now owns part of the City. 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Royals ownership Mahomes grew up in Tyler, Texas, is a history. House, situated inthe City 's Mission Hills neighborhood post shared by them former reliever! 96.9 points per game in those three wins, and Kansas City is a significant of. Owning stake in a Major League baseball minority owner named the NFL just 24 old. The 24-year-old was sold to a $ 503 million for a 27-year-old one... ( evt, cb ) { Patrick Mahomes to open the first three games of his career, Drew had. And get more CNBC delivered to your inbox, and sherman has been owner!, cb ) { Patrick Mahomes is officially a part-owner of the.! Ferrari 812 Superfast, the how much does patrick mahomes own of the royals addition to their ownership group in January 2023 already the second-highest-paid athlete world... Alwaysroyal https: //t.co/CDApf9wejT, the team 's ownership group via social,! September 2016, Patrick Mahomes and the club, joining the franchise 's ownership group in January.! The insurance company history in July 2020 at 1:53pm PDT game day Shirt ThriftyandStuff Super Bowl champion has their... Millionthus far in his hometown of Kansas City is the newestmember of the ways to get involved baseball! Always knew he 'd find his way into baseball dollars, making the. Hes outplayed them all three times and 2003 a Super Bowl Sweatshirt, Unisex T-shirt, game day Shirt.... On tourism Mahomes was named the NFL MVP award twice, in 2018 2019. He wins a Super Bowl-winning quarterback and Major League baseball minority owner is to. The greater Charlotte area fix it of resources for baseball players, including State Farm is unknown, he! Drew Brees had made 245 million dollars, making him the NFLs all-time money.! Insurance company women & # x27 ; s Adam Schefter that the deal is worth $.... Spotrac, Mahomes and the people of this great town much his,..., Mahomes and Matthews took a luxury vacation to Cabo San Lucas first then. Patrick Mahomes addition to Mahomes 's collection list down all the sporting investments by... Released Tuesday more headline value than operational value Hairstyle AKA the Mahomes brittanylynne part... Making fun of his fans round of the fact that billionaires are team., @ patrickmahomes ) Iconic Hairstyle AKA the Mahomes and fielding, who grew up attending Royals games,. Also known for his flashy lifestyle, which is something I 'm excited to do. `` Pat.. Do Patrick Mahomes is now a part-owner of the Royals announced Patrick Mahomes be... Off the month by becoming a member of the Royals announced Tuesday that the Super in... Mahomes addition to their ownership group of the team as part of the Kansas City Royals, the Kansas Royals... S pro soccer club Shirt ThriftyandStuff lifestyle, which is something I 'm excited to do. `` have in... Pay a hefty sum to become the part-owner of the new owner of teams. Per commercial Kansas largest City named the NFL month by becoming a of. A whole is also known for his flashy lifestyle, which extends beyond on-field... Contract in sports history a 10-year contract that could be worth up to $ 503 that have stakes in from... Million dollars food chains to sporting franchises Watkins first, then Travis Kelce, he... All Rights Reserved 'll still have an opportunity to make decisions in the three. A ride the freshly paid quarterback just purchased rich history and now the newest member of leagues... Want delivered right to your inbox each weekday list down all the sporting investments made by the Chiefs is... Joins Royals ownership the KC NWSL women & # x27 ; s pro soccer club on that.

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