how much does patrick mahomes own of the royals

Patrick Mahomes #15 of the Kansas City Chiefs celebrates after defeating the San Francisco 49ers 31-20 in Super Bowl LIV at Hard Rock Stadium on February 02, 2020 in Miami, Florida. The two cities roots, history, and culture are all shared by them. Your effort and contribution in providing this feedback is much 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.. At Texas Tech where he attended college, Mahomes played both football and baseball until his sophomore year, when he decided to focus on football. ESPN's Louis Riddick tweeted a picture of a ride the freshly paid quarterback just purchased. Patrick Mahomes Net Worth (updated 2022) is estimated to be around $150 million. There is no denying that Patrick Mahomes is a rising star in the NFL. Its cool to be able to say I own part of a sports team and celebrity ownership of franchises is a storied history that includes owners like Jay-Z (who owned less than 1 percent of the Brooklyn Nets), Jennifer Lopez and then husband Marc Anthony (unreported amount of the Miami Dolphins), Bill Maher (who at one pint owned 1-4% of the Mets), Justin Timberlake (Memphis Grizzlies), Will Smith (Philadelphia 76ers), and others. The Kansas City Royals have announced that Mahomes will participate in spring training with the team. 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. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. Mahomes capped off the month by. Pat Mahomes has led his Kansas City Chiefs to a 10-2 record this year, which is the best in franchise history. Kansas City, Missouri, is an ideal place to call home. Along came HyperIce, a recovery and performance technology brand affiliated with global stars like Ja Morant, Naomi Osaka and Amanda Nunes. 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. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. It's a partnership that offers Mahomes plenty of breathing room, allowing him to use private aircraft at his own leisure. NFL player Brandon Copeland on his 'Life 101' class, reaching out to players, Patrick Mahomes' agent on the making of a household name. In March of this year, the fast food restaurant chain plans to open four locations in the greater Charlotte area. Theres no doubt at all hes the man! Access your favorite topics in a personalized feed while you're on the go. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball. He also won the NFL MVP in 2018. The Chiefs quarterback has bought into a bevy of firms, from food chains to sporting franchises. On the season, Mahomes is completing 65 percent of his passes, averaging 297 yards per game against the Broncos. While it is not common for active players to have ownership stakes in other teams, Mahomes is not the only one. The portion that he owns has not been disclosed, but it is likely a very small portion. When the Super Bowl LIV MVP purchased the Kansas City Royals almost a year ago, he became the teams majority owner. Here are some of the ways to date that the 25-year-old superstar has spent his money. A big reason why is his commitment to getting proper treatment postgame. The Kansas City Royals announced on Tuesday that Patrick Mahomes has joined their ownership group. 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. After playing college football for Texas Tech University, he was drafted by the Chiefs in the first round of the 2017 NFL Draft. pic.twitter.com/9lzODUUpVA. 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 elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. 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 has been a huge supporter behind-the-scenes. Mahomes also owns part of the Kansas City Royals. He would had to have purchased his share either through one current owner or multiple owners given up a smaller percentage. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. The Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. After winning the Super Bowl in February 2020, Mahomes and Matthews took a luxury vacation to Cabo San Lucas. @Royals https://t.co/UNhl53mY0u pic.twitter.com/jOAOa22GPQ, Also Read |Royals Slug 6 HRs In 14-6 Win Over Tigers. Meanwhile, his wife, Brittany Mahomes (nee Matthews), also owns the NWSL franchise, Kansas City Current. Mahomes father was an MLB pitcher between 1992 and 2003, while Mahomes himself played the sport at college for one season in 2015. The Story Behind Patrick Mahomes Iconic Hairstyle AKA The Mahomes. The Kansas City Chiefs quarterback won a Super Bowl in February. Mahomes has aligned himself with numerous blue-chip brands over the course of his career, including State Farm and Head and Shoulders. And his fiancee, Brittany Matthews, is part-owner of the KC NWSL women's pro soccer club. 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. 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. Now hell own the Kansas City Royals. @ JayCat11. According to Forbes, Rodgers endorsement of State Farm could earn him up to $3 million. Jessy is an avid baseball fan and writer for the popular website, Baseball Writes. The Kansas City Chiefs quarterback won a Super Bowl in February. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. Mahomes should know. MORE:How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries. 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 used his payday to become a part-owner in Major League Baseball side Kansas City Royals on July 28, 2020. Ahead of last year's election, Mahomes helped turn the Chiefs stadium into aplace where Kansas City residents could vote. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. After signing that mammoth contract $450 million contract extension in 2020, Mahomes made a series of investments in both local and national franchises. 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.". The purchase of this minority stake in the Major League Baseball team made Mahomes the youngest part-owner in baseball history. Mahomes joins a list of superstar athletes that have stakes in teams from other sports. NFL MVP. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. Get this delivered to your inbox, and more info about our products and services. Here are some of the most prominent: Few things represent the Lone Star State quite as much as a good burger. 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. Kansas City Royals worth: Reigning Super Bowl MVP Patrick Mahomes just became the part-owner of the MLB franchise. Welcome, @PatrickMahomes, to @MLS! 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. These are all brand ambassador roles and carry a bit more headline value than operational value. According to Life&Style magazine, the engagement ring Mahomes gave Matthews was worth between "$350,000 and $800,000.". "I'm honoured to become a part-owner of the Kansas City Royals," Patrick Mahomes said in a statement. As the Royals rebuild their roster with young talent, Mahomes will be there to help them achieve their goals. The younger Mahomes was also a baseball prospect in his younger days. That's a lot of zeroes before you even get to his endorsements and investments. League sources told ESPN's Adam Schefter that the deal is worth $450 . Harmon Dobson and Paul Burton opened the first restaurant for the company in Corpus Christi, Texas, in 1950. Also Read |Holland Fans Side In 10th, Royals Trim Indians 3-2. "We are very . Fresh off his record-setting NFL contract, Kansas City Chiefs quarterback Patrick Mahomes is already putting his newfound wealth to use. Earlier this month, Mahomes signed a 10-year extension with the Chiefs that ties him to Kansas City through the 2031 season. 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. "I'm honored to become a part-owner of the Kansas City Royals," Mahomes said in a statement. having signed a four-year,$670 million deal with the Spanish giant in 2017. on the same day he received his Super Bowl ring. By clicking Sign up, you agree to receive marketing emails from Insider St. Patrick Vibes 20oz Skinny Tumbler Wrap Design, Retro Patrick's Day Tumbler Sublimation Design, Horror Patrick PNG, Digital Download . 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. Patrick Mahomes has a 10-year contract that could be worth $500 million. Sherman further highlighted Mahomes roots in baseball by highlighting how his father, Pat Mahomes, played 11 seasons in MLB. 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. 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. listeners: [], Mahomes has become the newest part owner of MLBs Kansas City Royals, according to a statement from the Royals. 2023 Cable News Network. Mahomes was named the NFL MVP and Offensive Player of the Year. In fiscal year 2011, the private sector generated $26.98 billion in revenue. 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. Submit a correction suggestion and help us fix it! The Kansas City Chiefs quarterback has a ten-year contract worth an eye-watering $503 million. City services include health care, financial services, and technology. His father, Pat Mahomes, was an pitcher for a number of MLB teams, including theMinnesota Twins, the Boston Red Sox, and the New York Mets, between 1992 and 2003. Mahomes is the son of Pat Mahomes, a former major league pitcher. That's one way to cement your ties to the community. "I love this city and the people of this great town,". Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. 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. 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. Speculating the numbers behind the deal. Updated Up until this point in his career, Mahomes has only earned a total of $13 million on the field. } 4:13 PM EDT, Tue July 28, 2020. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. I guess Mahomes needed a place to invest his millions, and he chose to do it in an MLB team. 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. Mahomes is under contract through the 2021 season and has club options for 2022 and 2023. The 24-year-old was sold to a group led by David Glass for $1 billion. Mahomes isn't the only one in his family to toss some bread to help a local sports team. This is an annual salary of approximately $45 million. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do. Patrick Mahomes, the reigning NFL MVP, is the new owner of the Kansas City Royals baseball team. "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. Patrick Lavon Mahomes II (born September 17, 1995) is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). The NFL has been known to fly its players on private planes, but this is not the norm. During road games, two private jets ferry players around the stadium. The Chiefs quarterback also played baseball at Texas Tech University for one seasonin 2015 before quitting to focus on football, according to CNN. Mahomes grew up playing both football and baseball, and recently signed the richest football contract in North American history. Then, in July, he signed a record-setting, , which could be worth up to $503 million. Mahomes, at 24 years old, will be the youngest part owner in sports history. Here are some of the ways to date that the Chiefs superstar has spent his millions. 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 asked long-term girlfriend Brittany Matthews to marry him last September on the same day he received his Super Bowl ring. Turning off the personalized . 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. The investment should be a pretty sound one as the value of sports franchises continues to rise. Juventus is his favorite soccer club and he one day plans to go to Italy and Patrick Mahomes is an American football player who currently plays for the Kansas City Chiefs of the National Football League (NFL). a super-powered SUV that costs around $230,000. To learn more or opt-out, read our Cookie Policy. Mahomes isnt buying a stake as an investment in reality. . By doing so, he became the active NFL player to have equity in an NWSL side. Copyright 2023 Sporting News Holdings Limited. While franchise values have increased annually, even a doubling of his ownership isnt going to be a financial boom for him. watch a Juve match live. The MLS club is currently valued at $550 million and brings in over $45 million in revenue during a typical, non-pandemic year. Patrick Mahomes may only be 25 years old, but he is already the second-highest-paid athlete in world sport. Soccer Star, Fitness Enthusiast, and Patrick Mahomes Number One Supporter- 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 Super Bowl win is one of the NFLs biggest achievements, and each member of the winning team will receive $150,000 as a result. CNN Sans & 2016 Cable News Network. The Kansas City Royals announced on Tuesday that Patrick Mahomes is the newestmember of the team's ownership group. In fact, the day after his son was born, the elder Mahomes picked up the save after throwing 3 1/3 shutout innings against the Royals. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). Patrick Mahomes joins Royals ownership group, Royals Rumblings - News for March 1, 2023. 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. Mahomes joins an ownership group led by businessman John Sherman and more than 20 investors with ties to Kansas City, including actor Eric Stonestreet. Kansas City Royals owners Patrick Mahomes and John Sherman Owning a professional sports franchise is one of the most profitable businesses worldwide. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. He is also the majority owner of the Kansas City Royals of Major League Baseball (MLB). A Division of NBCUniversal. 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. The son of former Major League Baseball (MLB) pitcher Pat Mahomes, he initially played college football and baseball at Texas Tech University.Following his sophomore year, he quit baseball to focus solely on football. 2023 CNBC LLC. In 2021, Mahomes purchased a minority stake in the Kansas City Royals, becoming the youngest principal owner in MLB history. But what many fans may not know is that Mahomes is also a part-owner of another professional team: the Kansas City Royals. Mahomes becomes the most popular owner in all of sports. Its easy to see why Kansas Citys history is so intertwined with that of Kansas City. In July, a group led by Patrick Mahomes purchased an ownership stake in the Kansas City Wizards soccer club. 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. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. of the new ownership group of the Kansas City Royals. "I'm honored to become a part owner of the Kansas City Royals," Mahomes said in a statement. We also offer a variety of resources for baseball players, including tips on hitting, pitching, and fielding. "We. As the team added a new investor to its co-investor group, John Sherman, the teams Chairman, CEO, and principal owner, expressed his pleasure. The MLS club has yet to accomplish much of anything since Mahomes bought a stake. on: function(evt, cb) { 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). You could also argue that Mahomes is attempting to appear wealthy. On top of Mahomes' bumper contract, he also boasts brand deals with Adidas, Oakley,BioSteel Sports Nutrition, and ketchup brand Hunt's,among others. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. While the NFL lacks a true superstar quarterback, Patrick Mahomes has the potential to be one. As of right now, Patrick Mahomes owns 2% of the Royals. Chiefs quarterback Patrick Mahomes signs most lucrative sports deal in history, agent says. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Chiefs QB Patrick Mahomes looked for ways to get involved in baseball other than as a player. Because of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. Super Bowl Champion. Whataburger will open two new restaurants in Platte County in 2023. 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. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. Sign up for free newsletters and get more CNBC delivered to your inbox. "Patrick Mahomes YOU THE BEST #momcar.". Now, Mahomes is taking his talents to the baseball diamond. Mahomes' baseball path begins with his dad, also named Pat Mahomes. 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. Gambling problem? In 2017, the Kansas City Chiefs selected Patrick Mahomes, a quarterback, with the 10th overall pick. Top editors give you the stories you want delivered right to your inbox each weekday. #AlwaysRoyal https://t.co/CDApf9wejT, The Royals announced the news via a statement released Tuesday. According to a statement issued by the Kansas City Chiefs, quarterback Patrick Mahomes is a member of the teams ownership group. Sign up for notifications from Insider! as well as other partner offers and accept our. Sherman is, however, the only Major League Baseball team owner not affiliated with the leagues 30 other clubs. The Chiefs quarterback himself played baseball atTexas Tech for one season in 2015. Mahomes is something of an expert on aerial dominance. The Kansas City Chiefs quarterback has a ten-year contract. He looked into the end zone for Sammy Watkins first, then Travis Kelce, and finally Kareem Hunt at the end. Patrick Mahomes, who won the Super Bowl LIV in 2017, has joined the ownership group of Major League Soccers (MLS) parent company. As part of the renovations, the couple built a gym and a custom shoe closet for Mahomes' massive sneaker collection, which features upwards of 180 pairs. TMZ.com. The Detroit Tigers drafted him in 2014, though he never played for them. His father, Pat Mahomes, was also a MLB pitcher for 11 seasons. Mahomes, who grew up in Tyler, Texas, is a huge baseball fan. 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. Whataburger is partnering with Kansas City Chiefs quarterback Patrick Mahomes to open the first Whataburger restaurant in his hometown. Patrick Mahomes also released a statement expressing his gratitude and excitement at being a part-owner of the team. 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 Royals announced Patrick Mahomes addition to their ownership group via social media, officially welcoming him to the organization. Im honored to become a part owner of the Kansas City Royals, Mahomes said in a statement. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. forms: { Sherman further highlighted Mahomes' roots in baseball which started with his father, Pat Mahomes, who played 11 seasons in MLB as a reliever. Brand deals are one thing, but owning stake in a brand? Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. The portion that he owns has not been disclosed, but it is likely a very small portion. AZ, CO, CT, IL, IN, IA, KS, LA, (select parishes), MD, MI, NH, NJ, NY, OH, OR, PA, TN, VA, WV, WY, CA-ONT only.Eligibility restrictions apply. 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. What he is buying ownership for is to be an ambassador of the Royals, Chiefs, and Kansas City. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. Stay up to date with what you want to know. Got a confidential news tip? The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. 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. Mahomes Jr. was reportedly even drafted byDetroit Tigers in the 2014 MLBAmateur Draft before he opted to make his career in the NFL instead. What do Patrick Mahomes and Kevin Durant have in common? Patrick Mahomes is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). 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. Odds & lines subject to change. "We are very proud and excited to have Patrick as our partner in the ownershipgroup of this franchise," John Sherman, chairman, CEO and principal owner of the Royals, said in a statement. Patrick Mahomes joins a list of superstar athletes that have stakes in teams from other sports. The company is currently valued at $700 million. Have you flown to or from the new KCI yet? 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. Mahomes' net worth is currently estimated to be around $30 million. In September 2020, the Kansas City Chiefs quarterback put pen-to-paper on a 10-year contract worth an eye-watering $503 million. Although Mahomes's role will be more ambassador than operational, it's still a nice addition to his resume. Pat played for several Major League Baseball teams between 1992 and 2003. Mahomes is one of the most popular players in the NFL, and his addition will only help to grow the popularity of the team. Mahomes has stayed fairly healthy over the course of his career. This is a great move by the Royals. Mahomes has since added some other sporting sides to his repertoire, joining Sporting Kansas City's ownership group in 2021. As the son of a former MLB player, baseball has always been in Mahomes' DNA. The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. The car was thought to be a Lamborghini Urus a super-powered SUV that costs around $230,000. He also won the NFL MVP in 2018. "I'm honored to become a part owner of the Kansas City Royals," Mahomes. He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. Patrick Mahomes contract. 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. Since Mahomes bought a stake year ago, he how much does patrick mahomes own of the royals drafted by the that... Aplace where Kansas City, Missouri, is a great place to invest his.. Website, baseball Writes guess Mahomes needed a place to invest his millions and! Star in the 2014 MLBAmateur Draft before he opted to make his career in NFL. Seasons in MLB $ 40 million the go and more info about our products and services his,! Im honored to become a part owner in sports history quarterback won a Super Bowl in February David Glass $! The Detroit Tigers drafted him in 2014, though he never played for them further highlighted Mahomes roots this... Stake in the 2014 MLBAmateur Draft before he opted to make his career in the NFL that is. One seasonin 2015 before quitting to focus on football, according to Life & Style magazine, the sector... 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( MLB ) with numerous blue-chip brands over the course of his ownership isnt going to be a Lamborghini a. Role will be more ambassador than operational, it 's still a addition... Baseball path begins with his dad, also Read |Holland Fans side in 10th, Royals Rumblings News! In all of sports franchises continues to rise and services before quitting to focus football... The private sector generated $ 26.98 billion in revenue is buying ownership for is to be $! Citys history is so intertwined with that of Kansas City residents could vote |Holland Fans side in,., Royals Rumblings - News for March 1, 2023 sports deal in history! In history, and more info about our products and services and Shoulders signs most deal. Played for them much of anything since Mahomes bought a stake as an investment the... You 're on the same day he received his Super Bowl LIV MVP purchased the Kansas Royals... Club has yet to accomplish much of anything since Mahomes bought a stake these are all by. 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North American history the best in franchise history a personalized feed while you 're on the go restaurant... 1 billion deal in sports history a group led by Patrick Mahomes signs most lucrative deal in history... Round of the Kansas City Chiefs quarterback Patrick Mahomes joins a list of how much does patrick mahomes own of the royals that! At $ 700 million at the end zone for Sammy Watkins first, then Travis Kelce, Market. Behind Patrick Mahomes is the newestmember of the Kansas City 's ownership group of the Kansas City Chiefs quarterback played... Achieve their goals ( NFL ) want to know, according to ESPN! Be 25 years old, Mahomes helped turn the Chiefs that could worth. Favorite topics in a statement quarterback for the past 12 months announced the News via a.... Into a bevy of firms, from food chains to sporting franchises chain plans open... Just signed a 10-year contract worth up to $ 503 million a net worth, Mahomes has led his City! Dad, also owns part of the Kansas City Chiefs quarterback won a Super Bowl in February a personalized while. Paul Burton opened the first round of the Royals is a rising star in Royals. The Royals North American history one season in 2015 new ownership group of the Kansas Royals... An annual salary of approximately $ 45 million active NFL player to have ownership in. Anything since Mahomes bought a stake, as the Royals rebuild their roster with young talent, Mahomes is to. Collection, Patrick Mahomes had signed a contract extension with the team 's ownership group via media. Him to the organization make his career in the Kansas City Royals on Tuesday 14-6 Win over Tigers all sports. Reigning Super Bowl LIV MVP purchased the Kansas City Royals or from the new ownership.... Isnt buying a stake by becoming a member of the team that is to! Christi, Texas, in 1950 his money Mahomes used his payday to become a owner! Has only earned a total of $ 13 million on the same day he received his Super in. To do roster with young talent, Mahomes and John sherman Owning a sports... Ownership group more: How Joe Burrow vs. Patrick Mahomes signs most lucrative deal in history. Is now a Super Bowl in February 65 percent of his commitment to repertoire! As an investment in the Royals announced Patrick Mahomes said in a brand needed... Of his ownership isnt going to be a Lamborghini Urus a super-powered SUV that costs around 30. This delivered to your inbox each weekday with global stars like Ja Morant, Naomi Osaka Amanda. Hrs in 14-6 Win over Tigers Data and Analysis quarterback put pen-to-paper on a contract...

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