Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. Also Read | Holland Fans Side In 10th, Royals Trim Indians 3-2 (Image Credits: AP, Royals Twitter Handle) COMMENT SUBSCRIBE TO US Sterling Skye, his daughter with fiance Brittany Matthews, was born in February. Chiefs QB Patrick Mahomes looked for ways to get involved in baseball other than as a player. Mahomes become the youngest team owner in MLB history in July 2020 when he purchased a stake in the Kansas City Royals. Kansas City Chiefs quarterback Patrick Mahomes has purchased a share of the Kansas City Royals, making himself the youngest part-owner in sports history and a two-sport Kansas City star. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. New England Patriots quarterback Tom Brady also has a minority stake in the Boston Red Sox. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. Visit Insider's homepage for more stories. Jessy is an avid baseball fan and writer for the popular website, Baseball Writes. It's been a fantastic year for Patrick Mahomes. (function() { 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. Mahomes is one of the most popular players in the NFL, and his addition will only help to grow the popularity of the team. Burger stands. Kansas City Royals worth: Reigning Super Bowl MVP Patrick Mahomes just became the part-owner of the MLB franchise. The Kansas City Chiefs quarterback has a ten-year contract. July 28th, 2020. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. Juventus is his favorite soccer club and he one day plans to go to Italy and Top editors give you the stories you want delivered right to your inbox each weekday. })(); Designed by Elegant Themes | Powered by WordPress, Deadwood On A Baseball Bat: How To Prevent And Recognize Weak Wood On Your Bat, What MLB Scouts Look For In Potential Players, A Guide To Finding The Best Youth Baseball Gloves, How To Rock Your Baseball Cap Look: Styling Tips For Any Outfit, What Tree Are Baseball Bats Made From: Exploring Different Types Of Wood, The Essential Role Of Welting In Baseball Gloves: Securing A Long-Lasting Performance, How To Tighten Baseball Pants For A Perfect Fit, Dropping The Bat In Baseball: Exploring The Rules And Techniques, An Unwelcome Change: Exploring Why Baseball Fans Dislike Alternate Jerseys, Unlocking The Secrets Of Baseball Bats: How Different Types Affect Performance, Exploring The Speed Of Baseball: Factors Records And Strategies For Improvement. 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 cant wait to see what he does next. During road games, two private jets ferry players around the stadium. While Mahomes is most well known for throwing touchdown passes, he also has history with baseball. Whataburger is partnering with Kansas City Chiefs quarterback Patrick Mahomes to open the first Whataburger restaurant in his hometown. Patrick Lavon Mahomes II (born September 17, 1995) is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). 2. There is a significant amount of economic activity in Kansas City. Patricks father, Patrick, Sr., played in Major League Baseball for 11 seasons, the last six with the Texas Rangers. We are very proud and excited to have Patrick as our partner in the ownership group of this franchise. As the team added a new investor to its co-investor group, John Sherman, the teams Chairman, CEO, and principal owner, expressed his pleasure. https://t.co/I3ItyS5CO0, . The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. Mahomes becomes the first African American to own a majority stake in a Major League Baseball team. In just his second season, Mahomes led the Chiefs to a 12-4 record and a berth in the AFC Championship game. Kansas City is home to the Major League Baseball club. Here you'll find information on the game of baseball, from the rules to the history. @Royals https://t.co/UNhl53mY0u pic.twitter.com/jOAOa22GPQ, Also Read |Royals Slug 6 HRs In 14-6 Win Over Tigers. Well, outside of being two of the best players in their respective sports and pillars of their local communities, they also share business ties. Patrick Mahomes used his payday to become a part-owner in Major League Baseball side Kansas City Royals on July 28, 2020. He is the son of former Major League Baseball (MLB) pitcher Pat Mahomes. It carries a valuation of over $3 billion. In this article, we will list down all the sporting investments made by the Kansas City quarterback. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do. The MLS club is currently valued at $550 million and brings in over $45 million in revenue during a typical, non-pandemic year. 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. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. As the son of a former MLB player, baseball has always been in Mahomes' DNA. This is the online home for all things baseball. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. It hasn't been reported how much of an investment Mahomes made. Suresh Menon is an NFL and Football writer at EssentiallySports. 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. 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. Imagine being an NFL superstar and owning an MLB team. Sporting is a community-oriented club, and I am excited to continue supporting the growth of soccer in Kansas City.. Mahomes Jr. was reportedly even drafted byDetroit Tigers in the 2014 MLBAmateur Draft before he opted to make his career in the NFL instead. Mahomes, at 24 years old, will be the youngest part owner in sports history. The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. The investment should be a pretty sound one as the value of sports franchises continues to rise. 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. Mahomes becomes the most popular owner in all of sports. Like Stonestreet, Mahomes would be more of a celebrity figurehead than someone making day-to-day decisions. John Sherman, the owner of the Kansas City Royals, currently owns the team. On and off the field, Patrick Mahomes is truly one of the most dominant players in the NFL. Top editors give you the stories you want delivered right to your inbox each weekday. He also won the NFL MVP in 2018. The 24-year old becomes becomes the youngest sports owner in history. Mahomes' father, Pat, was also a pitcher in the majors for 11 seasons. Go @Royals!! "I'm honoured to become a part-owner of the Kansas City Royals," Patrick Mahomes said in a statement. He has a net worth of $40 million and is one of the wealthiest people in the world. Patrick Mahomes has a 10-year contract that could be worth $500 million. 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. Airshare provides Kansas City Chiefs quarterback Alex Smith with a private jet. Although Mahomes's role will be more ambassador than operational, it's still a nice addition to his resume. This helped him become the first-ever North American athlete to rake in a half-a-billion-dollar deal. His $500 million sports career is the most ever by a professional athlete. Kansas City Royals soon announced the news via a statement released on Tuesday. Mahomes has aligned himself with numerous blue-chip brands over the course of his career, including State Farm and Head and Shoulders. Patrick Mahomes has arguably been one of the best quarterbacks in the NFL ever since the Kansas City Chiefs drafted him in 2017. 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. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. on: function(evt, cb) { 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 . Patrick Mahomes has joined the ownership group for the Kansas City Royals. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". Soccer Star, Fitness Enthusiast, and Patrick Mahomes Number One Supporter- 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. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. 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 company is currently valued at $700 million. 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. Its easy to see why Kansas Citys history is so intertwined with that of Kansas City. Based on the current valuation, acquiring as little as 1% of the team should cost the quarterback over $10 million. This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. Mahomes is the son of Pat Mahomes, a former major league pitcher. Patrick Mahomes 'left some on the table' on his recent mega-extension so his teammate could sign an $85 million contract, Patrick Mahomes beat Post Malone in beer pong so bad the singer got a tattoo of the quarterback's autograph, Patrick Mahomes is so good that he just signed the biggest deal in sports history and everyone thinks he could have gotten more, Patrick Mahomes signed a $503 million deal and even LeBron James is asking for a loan. City services include health care, financial services, and technology. Kansas City Royals owners Patrick Mahomes and John Sherman Owning a professional sports franchise is one of the most profitable businesses worldwide. Their chairman and principal owner, John Sherman, spoke to the press after the announcement. "Patrick Mahomes YOU THE BEST #momcar.". Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field., Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl, Kansas City Royals (@Royals) July 28, 2020. Up until this point in his career, Mahomes has only earned a total of $13 million on the field. Pat played for several Major League Baseball teams between 1992 and 2003. As the Royals rebuild their roster with young talent, Mahomes will be there to help them achieve their goals. Copyright 2023 Sporting News Holdings Limited. There is also a possibility that once his playing days are over he may want to transition into a bigger role in running the club, as other former athletes like Derek Jeter and Magic Johnson have done. Meanwhile, his wife, Brittany Mahomes (nee Matthews), also owns the NWSL franchise, Kansas City Current. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. Yes , Patrick Mahomes became a co-owner of the Kansas City Royals in July 2020 at only 24 years old. watch a Juve match live. 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. He even considered playing baseball instead of football when he was in high school. That's one way to cement your ties to the community. Mahomes father was an MLB pitcher between 1992 and 2003, while Mahomes himself played the sport at college for one season in 2015. "I love this city and the people of this great town. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. The Royals are giving Mahomes the opportunity to live out his dream of playing professional baseball. The portion that he owns has not been disclosed, but it is likely a very small portion. 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.. I love this city and the people of this great town. Sherman, in addition to owning the only MLB team without a membership in the league, is the sole owner of any other Major League Baseball franchise. The Kansas City Chiefs recently signed Patrick Mahomes to a $503 million, five-year contract extension. The Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. While Mahomes does not check the score at the first read, Alex Smith does. Sign up for notifications from Insider! Chiefs president Mark Donovan said the 25-year-old helped fund the purchase of new voting machines to make it happen. The Royals are valued at just over $1 billion, according to Forbes. His passion for the Current is undeniable, and I am glad that he will be with us as we continue on our journey to become the best in the NWSL. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. Patrick Mahomes has owned the Chargers defense, the Texans defense, and the 49ers defense. Hes averaged 96.9 points per game in those three wins, and hes outplayed them all three times. Did you encounter any technical issues? According to an ESPN source, Mahomes and the club were in talks for the past 12 months. The car was thought to be a Lamborghini Urus a super-powered SUV that costs around $230,000. The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. 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