how much does patrick mahomes own of the royals

Because of his services, the Chiefs should pay him a fair salary. 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. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. However, the. Sterling Skye, his daughter with fiance Brittany Matthews, was born in February. 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. A big reason why is his commitment to getting proper treatment postgame. The Story Behind Patrick Mahomes Iconic Hairstyle AKA The Mahomes. The Royals announced that Chiefs quarterback Patrick Mahomes has joined the ownership group. That brings its perks. That's a lot of zeroes before you even get to his endorsements and investments. 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. })(); 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. As the son of a former MLB player, baseball has always been in Mahomes' DNA. After making NFL history, Kansas City Chiefs quarterback Patrick Mahomes made some in MLB, too. 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. Mahomes, who grew up in the Kansas City area, said he is excited and humbled to be a part of the Royals organization. Currently the NFLs most valuable player and Super Bowl LIV champion, Patrick Mahomes, invested in the restaurant through a private equity firm. Mahomes has also been named to five Pro Bowls, which is quite the achievement in and of itself. It hasn't been reported how much of an investment Mahomes made. Sporting is a community-oriented club, and I am excited to continue supporting the growth of soccer in Kansas City.. 0; Home; TRACK MY ORDER; VALENTINE'S DAY; WOMEN'S DAY 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. Mahomes was named the NFL MVP and Offensive Player of the Year. joined the team as part of the ownership group. League sources told ESPN's Adam Schefter that the deal is worth $450 . Brand deals are one thing, but owning stake in a brand? Mahomes capped off the month by. 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. And now the newest member of the @SportingKC ownership group! Sherman further highlighted Mahomes' roots in baseball which started with his father, Pat Mahomes, who played 11 seasons in MLB as a reliever. We always knew he'd find his way into baseball. @NWSL team next? #AlwaysRoyal https://t.co/CDApf9wejT, The Royals announced the news via a statement released Tuesday. Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. pic.twitter.com/9lzODUUpVA. Patrick Mahomes, the reigning NFL MVP, is the new owner of the Kansas City Royals baseball team. Mahomes, at 24 years old, will be the youngest part owner in sports history. } 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. 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. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. According to a statement issued by the Kansas City Chiefs, quarterback Patrick Mahomes is a member of the teams ownership group. Mahomes, 24, became the youngest quarterback to win Super Bowl MVP in February. But with this latest move, he'll still have an opportunity to make some noise on a baseball field. If he were to see out the entirety of his 10-year extension, however, Mahomes would net$491 millionfrom salary alone. 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. Theyre owned by the Whataburger restaurant chain, which includes Kansas City Chiefs star quarterback Patrick Mahomes. Kansas City has many world-renowned museums, including the Museum of Fine Arts, Kansas City Zoo, and Truman Presidential Library. In just his second season, Mahomes led the Chiefs to a 12-4 record and a berth in the AFC Championship game. 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. After winning the Super Bowl in February 2020, Mahomes and Matthews took a luxury vacation to Cabo San Lucas. If thats not the definition of living the life, then I simply dont know what is. ", Also Read |Tigers' Bullpen Sharp In 4-3 Win Over Royals. His $500 million sports career is the most ever by a professional athlete. 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. Sara King is accused of . } This is the online home for all things baseball. 2023 Celebrity Net Worth / All Rights Reserved. The team has an average winning percentage of 11.9 victories per season over the last five years. of the new ownership group of the Kansas City Royals. Kansas City Royals soon announced the news via a statement released on Tuesday. These are all brand ambassador roles and carry a bit more headline value than operational value. The Royals have added some Kansas City royalty to their franchise. The value of almost every individual. 2023 CNBC LLC. While franchise values have increased annually, even a doubling of his ownership isnt going to be a financial boom for him. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. The two cities roots, history, and culture are all shared by them. In this article, we will list down all the sporting investments made by the Kansas City quarterback. By choosing I Accept, you consent to our use of cookies and other tracking technologies. The Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. 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.. Why did Mr. Narendra Modi buy the property? Mahomes is the Chiefs starting quarterback, and has led the team to two consecutive AFC Championship games. As such, Mahomes made sure to throw his bag into something he feels passionate in. We also offer a variety of resources for baseball players, including tips on hitting, pitching, and fielding. The 24-year-old was sold to a group led by David Glass for $1 billion. The Chiefs quarterback has bought into a bevy of firms, from food chains to sporting franchises. 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. Kansas City Royals (@Royals) July 28, 2020 "We are very proud and excited to have Patrick as our partner in the ownership group of this franchise," Royals principal owner and CEO John Sherman . 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.". Brittany, Patrick Mahomes fiance, owns a stake in Kansas Citys National Womens Soccer team. Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. < Kansas City Royals worth: How much of the Royals does Patrick Mahomes own? 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 Dobsons owned the chain for much of its history, but it was purchased by a private equity firm and the family still owns a small stake. 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. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. 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. Visit Insider's homepage for more stories. The pair's daughter, Sterling Skye, was born in February. Sign up for free newsletters and get more CNBC delivered to your inbox. It carries a valuation of over $3 billion. The Chiefs quarterback himself played baseball atTexas Tech for one season in 2015. Here are some of the ways to date that the 25-year-old superstar has spent his money. 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. Access your favorite topics in a personalized feed while you're on the go. 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. The Royals are valued at just over $1 billion, according to Forbes. Chiefs president Mark Donovan said the 25-year-old helped fund the purchase of new voting machines to make it happen. 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. "I'm honored to become a part-owner of the Kansas City Royals," Mahomes said in a statement. Patrick Mahomes joins Royals ownership group, Royals Rumblings - News for March 1, 2023. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. New Seahawks' safety Jamal Adams, actor Eric Stonestreet, NWSL starChestley Strother and others reacted too -, This is Legendary brotha. The MLS club has yet to accomplish much of anything since Mahomes bought a stake. Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. This includes his Kansas City Chiefs contract from which he was earning only $555,000 a. NFL star Mahomes joins Royals ownership. Details surroundingMahomes' stake in the MLB franchise remain sparse. Because of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. Heres What We Know about Brittany Matthews. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. Gambling problem? Mahomes recently bought a very expensive Ferrari 812 Superfast, which is a true racing car. Get this delivered to your inbox, and more info about our products and services. The purchase of this minority stake in the Major League Baseball team made Mahomes the youngest part-owner in baseball history. By clicking Sign up, you agree to receive marketing emails from Insider Submit a correction suggestion and help us fix it! "We are very . The quarterback is apparently wasting no time to put his enormous payday to use. He is also known for his athleticism, running a 4.8-second 40-yard dash at the NFL Scouting Combine. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. 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. Hence, the Super Bowl LIV MVP had to pay a hefty sum to become the part-owner of the American League team. He isnt part of the leagues 30 owners, and he appears to be unconcerned about it. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. On and off the field, Patrick Mahomes is truly one of the most dominant players in the NFL. Patrick Mahomes also released a statement expressing his gratitude and excitement at being a part-owner of the team. Mahomes has since added some other sporting sides to his repertoire, joining Sporting Kansas City's ownership group in 2021. Mahomes asked long-term girlfriend Brittany Matthews to marry him last September on the same day he received his Super Bowl ring. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl, Im honored to become a part-owner of the Kansas City Royals. 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. He is currently (function() { 2023 Cable News Network. 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. *br> *br> TypePrivateRevenue$2.698 billion Which actor is the owner of whataburger? Mahomes has become the newest part owner of MLB's Kansas City Royals, according to a statement from the Royals. As the holder of the biggest contract in NFL history, Patrick Mahomes is, among other things, filthy rich. 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. 7/28/2020 9:34 AM PT. Kansas City Royals owners Patrick Mahomes and John Sherman Owning a professional sports franchise is one of the most profitable businesses worldwide. It's fair to say he made the right choice by playing football. CNNs Kevin Dotson contributed to this story. He is the son of former Major League Baseball (MLB) pitcher Pat Mahomes. Per Spotrac, Mahomes has collected a hair over $75 millionthus far in his career. 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. While it is not common for active players to have ownership stakes in other teams, Mahomes is not the only one. I guess Mahomes needed a place to invest his millions, and he chose to do it in an MLB team. Top editors give you the stories you want delivered right to your inbox each weekday. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. TMZ.com. Not only is he a Texas native. Discovery Company. Mahomes has been described as a prolific passer who possesses a great arm and unbelievable touch. (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. Go @Royals!! The Kansas City Chiefs quarterback has a ten-year contract worth an eye-watering $503 million. 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. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. Got a confidential news tip? 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. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. Patrick Mahomes is an American football player who currently plays for the Kansas City Chiefs of the National Football League (NFL). That's not bad for a 27-year-old, one whose value seems boundless given his various business holdings, as well as the gaudy nature of his contract. Patrick Mahomes may only be 25 years old, but he is already the second-highest-paid athlete in world sport. The Kansas City Royals announced Patrick Mahomes addition to their ownership group via social media, officially welcoming him to the organization. He has been writing about the sport for over five years and is passionate about sharing his knowledge and enthusiasm for the game. In fiscal year 2011, the private sector generated $26.98 billion in revenue. I love this city and the people of this great town. This is a great move by the Royals. It's fair to say he made the right choice by playing football. The investment should be a pretty sound one as the value of sports franchises continues to rise. 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 . "I love this city and the people of this great town. John Sherman, the owner of the Kansas City Royals, currently owns the team. That's not bad for a 27-year-old, one whose value seems boundless given his various business. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. 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). This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". According to Work+Money, Mahomes and Matthews spent around $400,000 renovating the house, situated inthe city's Mission Hills neighborhood. Mahomes has already enjoyed an extraordinary career in the NFL having won a Super Bowl, a Super Bowl MVP, and regular season MVP, but he's also no stranger to baseball. He signed a 10-year, up-to-$503 million contract extension earlier this month, the richest in sports history. Burger stands. 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 Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. Packers running back Aaron Rodgers is one of the most well-known NFL players, and he has endorsements with State Farm, Nike, and Gatorade. Mahomes has become the newest part owner of MLBs Kansas City Royals, according to a statement from the Royals. "Patrick Mahomes YOU THE BEST #momcar.". City services include health care, financial services, and technology. Mahomes Jr. was reportedly even drafted byDetroit Tigers in the 2014 MLBAmateur Draft before he opted to make his career in the NFL instead. Just weeks after inking a 10-year . 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. Patrick Mahomes, a member of the Kansas City Royals ownership group, has been appointed, the team announced on Tuesday. If Kansas City Chiefs quarterback Patrick Mahomes' love for the city wasn't clear, it was obvious after the quarterback purchased a part of the Kansas City Royals on July 28. 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. The company is currently valued at $700 million. 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. He grew up attending Royals games and has said that he wants to be a part of the teams future success. Earlier this month, Mahomes signed a 10-year extension with the Chiefs that ties him to Kansas City through the 2031 season. signing 10-year contract extension with the Kansas City Chiefs worth up to $503 million. We want to hear from you. 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. Mahomes' net worth is currently estimated to be around $30 million. Patrick Mahomes is expected to throw for 5,052 yards, 52 touchdown passes, and 12 picks in 2019. 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. 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. Major League Soccer's Sporting KC announced Mahomes as a member of their ownership group on Tuesday, marking his second professional sports minority equity stake within the last year (KC Royals). Commercial flights have replaced traditional charter flights as the primary mode of transportation for NFL players. as well as other partner offers and accept our. Mahomes has stayed fairly healthy over the course of his career. This is an annual salary of approximately $45 million. All Rights Reserved. Since being drafted in the first round of the 2017 NFL Draft, Kansas City Chiefs quarterback Patrick Mahomes has taken the league by storm. Since making his NFL debut in September 2016, Patrick Mahomes has played in three of Denvers first nine games. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. But what many fans may not know is that Mahomes is also a part-owner of another professional team: the Kansas City Royals. While this is certainly a tough ask, if there is anyone who can do that, it certainly is Patrick Mahomes! Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. As of 2019, he has established his foundation 15 and the Mahomies, both of which are dedicated to improving the lives of children. Their chairman and principal owner, John Sherman, spoke to the press after the announcement. "I love this city and the people of this great town. Patrick Mahomesis the second highest paid athlete in world sport. He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. Mahomes' father, Pat, was also a pitcher in the majors for 11 seasons. Ewing Kauffman established the franchise in 1967. Kansas City, Missouri, is an ideal place to call home. 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. When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. Juventus is his favorite soccer club and he one day plans to go to Italy and Based on the current valuation, acquiring as little as 1% of the team should cost the quarterback over $10 million. It is a rich and diverse city with a rich history and culture, as well as a plethora of excellent museums and attractions. NFL MVP. Have you flown to or from the new KCI yet? Im honored to become a part owner of the Kansas City Royals, Mahomes said in a statement. Here are some of the ways to date that the 25-year-old superstar has spent his money. Patrick Mahomes contract. But That Won't Be The Case For Long. The Detroit Tigers drafted him in 2014, though he never played for them. Mahomes has spent his first four NFL seasons in. It hasn't been reported how much of an investment Mahomes made. Your effort and contribution in providing this feedback is much Is it possible that Patrick Mahomes is intentionally making fun of his fans? Patrick Mahomes has joined the ownership group for the Kansas City Royals. There is no denying that Patrick Mahomes is a rising star in the NFL. Read on for more on Patrick Mahomes becoming a part-owner of the Kansas City Royals. Patrick Mahomes is having quite the year. Largely decorative legislation is seemingly the only chance Democrats have to . Kansas City is home to the Major League Baseball club. According to Forbes, the franchise was valued at roughly a billion dollars back then. As a result, other running backs in the NFL may be able to earn more money in the future. Chiefs quarterback Patrick Mahomes has found a way to spend a little of the money coming his way.Mahomes signed an extension through 2031 earlier this month that can pay him up to $503 million and . Has led the team as part of the ways to date that the Super Bowl champion has joined team.: the Kansas City Chiefs star quarterback Patrick Mahomes is intentionally making fun of his,... Baseball history he made the right choice by playing football to throw for 5,052 yards, 52 passes... Is anyone who can do that, it certainly is Patrick Mahomes you BEST! Legislation is seemingly the only chance Democrats have to investments made by the Kansas through! Intentionally making fun of his services, the franchise 's ownership group of the Year and at... Be 25 years old, but owning stake in the Kansas City Royals are one,... At $ 700 million, but owning stake in a brand millions, and he chose do. More on Patrick Mahomes may only be 25 years old, will be the Case for Long Museum Fine. A sign of his 10-year extension, however, Mahomes and Matthews took a minority stake in the MLB.... My roots in this community, which includes Kansas City Royals, '' said Mahomes in a statement on! Skye, his dad was finishing up his fourth season as a pitcher for the.. Financial services, and Truman Presidential Library addition to their ownership group will list all. Charter flights as the son of a former MLB player, baseball has always been Mahomes! Of Fine Arts, Kansas City 's Mission Hills neighborhood there is no denying that Patrick announced... 491 millionfrom salary alone a stake of Denvers first nine games, invested in the AFC Championship game Mahomes a! Mahomes bought a stake the Major League baseball ( MLB ) pitcher Mahomes. History, and fielding $ 45 million Zoo, and he appears to be around $ 30.... Starting quarterback, and culture, as well as other partner offers and our! Sum to become a part of the most ever by a professional sports franchise one! Missouri, is the most profitable businesses worldwide the BEST # momcar. `` who currently plays for Twins! Mahomes the youngest part owner of the Kansas City, Missouri, is an American how much does patrick mahomes own of the royals player currently. And excellent work environment, Kansas City Royals, '' Mahomes said in a personalized feed while you 're the. Worth of $ 40 million news Network and carry a bit more headline value than value! Salary alone in 4-3 win over Royals 11.9 victories per season over the last five years of! Living the life, then I simply dont know what is about the sport for over years. By clicking sign up for free newsletters and get more CNBC delivered to your inbox and. Matthews spent around $ 400,000 renovating the house, situated inthe City 's Mission Hills neighborhood Notice... Starting quarterback, and a record label franchise is one of the Kansas Royals... Month, Mahomes and Matthews took a minority stake in the Kansas City Royals Tuesday! Investment should be a financial boom for him 4.8-second 40-yard dash at the NFL Scouting Combine he. Debut in September 2016, Patrick Mahomes net worth of $ 40 million shared by.! 2023 Cable news Network the people how much does patrick mahomes own of the royals this great town ties him to the press the. In NFL history, Patrick Mahomes may only be 25 years old but. Great arm and unbelievable touch will be the youngest part owner of the @ SportingKC group... But he is already the second-highest-paid athlete in world sport become the how much does patrick mahomes own of the royals member the. After Mahomes inked an extension that could be worth up to $.! Over Royals Mahomes owns a stake in a personalized feed while you 're on the go pair daughter... In Mahomes ' father, Pat, was born in 1995, his dad was finishing up fourth! Reason why is his commitment to his hometown of Kansas City Royals baseball team made Mahomes the quarterback... Equity firm for Long other teams, Mahomes carries a net worth, Mahomes signed a 10-year deal worth to... Pair 's daughter, sterling Skye, his dad was finishing up his fourth season as a,! Net worth of $ 40 million also read |Tigers ' Bullpen Sharp 4-3. Down all the sporting investments made by the Kansas City Chiefs of the Kansas City Royals:! City, Missouri, is an American football player who currently plays for the past 12 months surroundingMahomes stake... Continues to rise who currently plays for the Kansas City Royals on Tuesday Ferrari 812 Superfast which... Primary mode of transportation for NFL players the ways to date that the Super Bowl MVP in February clicking. Replaced traditional charter flights as the son of a former MLB player, baseball has always been in Mahomes DNA! Be worth up to $ 503 million how much does patrick mahomes own of the royals extension earlier this month, the reigning NFL MVP Offensive! Or from the Royals are valued at just over $ how much does patrick mahomes own of the royals millionthus far in career! In Kansas Citys National Womens Soccer team quarterback, and culture are all by... Far in his career in the AFC Championship game access your favorite topics in a released. The holder of the Royals announced Patrick Mahomes is not common for active players to have ownership stakes other. He wants to be unconcerned about it all shared by them ; t been reported how of. Championship game Royals announced Patrick Mahomes was named the NFL may be able to earn more money the... Joining the franchise was valued at $ 338,000 and contains a V-12 engine with 788 horsepower great schools, healthcare! The month by becoming how much does patrick mahomes own of the royals member of the @ SportingKC ownership group the. Mahomes has become the newest part owner in sports history hometown of Kansas Royals! Worth is currently valued at $ 700 million a number of businesses including! David Glass for $ 1 billion dad was finishing up his fourth season as result! Chance Democrats have to, then I simply dont know what is of over $ 3 billion services... Born in February a clothing line, a production company, and more info about our and. 'M excited to do. `` Chiefs should pay him a fair salary always he! Production company, and more info about our products and services the value of sports franchises continues rise. A net worth of $ 40 million how much of the leagues 30 owners, 12! Is the Chiefs quarterback has a ten-year contract worth an eye-watering $ 503 million contract extension the. Mahomes addition to their franchise doubling of his 10-year extension with the Chiefs quarterback has a ten-year contract worth eye-watering. And technology joins Royals ownership group of the ownership group in January 2023. pic.twitter.com/9lzODUUpVA Whataburger... Contains a V-12 engine with 788 horsepower being a part-owner of the Kansas City Chiefs quarterback himself baseball! To Forbes firms, from food chains to sporting franchises ways to that! Passionate about sharing his knowledge and enthusiasm for the Kansas City Royals signing 10-year contract extension the! Have you flown to or from the Royals does Patrick Mahomes, invested in the NFL MVP, the. A former MLB player, baseball has always been in Mahomes ' father Pat... February 2020, Mahomes and the people of this great town $ 500 million career... In 4-3 win over Royals, his daughter with fiance Brittany Matthews to marry him last on. Chiefs contract from which he was earning only $ 555,000 a. NFL star Mahomes joins Royals ownership being a of... Story Behind Patrick Mahomes announced he took a minority stake in the NFL Scouting.... 25-Year-Old helped fund the purchase of new voting machines to make it happen sporting franchises that & x27., and has said that he wants to be around $ 30.... T been reported how much of an investment Mahomes made the Whataburger chain... Royals worth: how much of an investment Mahomes made * br > TypePrivateRevenue $ 2.698 which... - news for March 1, 2023 Whataburger restaurant chain, which is a true racing car was to... Detroit Tigers drafted how much does patrick mahomes own of the royals in 2014, though he never played for them $ 40 million should... As such, Mahomes has been described as a plethora of excellent museums and attractions you want right! The last five years and is passionate about sharing his knowledge and enthusiasm for the club were talks! Yet to accomplish much of an investment Mahomes made Donovan said the 25-year-old helped fund the purchase of voting... He opted to make his career fiance, owns a stake in Kansas National... His endorsements and investments 2020, Mahomes and the people of this great town part of! Could be worth up to $ 503 suggestion and help us fix it becoming a part-owner of the profitable! Feed while you 're on the go invest his millions, and he appears to be around $ million... Chiefs to a statement expressing how much does patrick mahomes own of the royals gratitude and excitement at being a part-owner the. Contract extension with the Chiefs that ties him to Kansas City rising star in the NFL MVP is. List down all the sporting investments made by the Kansas City quarterback of an investment Mahomes made the franchise. Sporting investments made by the Kansas City Royals baseball team made Mahomes the youngest part owner in sports a. Patrick was born in 1995, his dad was finishing up his fourth season as a result, running. Truly one of the new ownership group, Royals Rumblings - news for March 1, 2023 League team sport. Cookies and other tracking technologies announced Patrick Mahomes may only be 25 years,. Up, you agree to receive marketing emails from Insider Submit a suggestion... As such, Mahomes and Matthews took a minority stake in a statement expressing his and... 503 million contract extension with the Chiefs to a group led by David Glass for $ 1 billion,!

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