There is no denying that Patrick Mahomes is a rising star in the NFL. He can sling passes during the day with his team and then hit up his box at night for Royals games. In 2021, Mahomes purchased a minority stake in the Kansas City Royals, becoming the youngest principal owner in MLB history. 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. Given that Rodgers is well-liked, its no surprise that his endorsement deal is one of the NFLs largest. The investment should be a pretty sound one as the value of sports franchises continues to rise. 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. Mahomes, who grew up in the Kansas City area, said he is excited and humbled to be a part of the Royals organization. Mahomes' father, Pat, was also a pitcher in the majors for 11 seasons. "We. 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. Odds & lines subject to change. Largely decorative legislation is seemingly the only chance Democrats have to . The star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. The quarterback is apparently wasting no time to put his enormous payday to use. Mahomes is the son of Pat Mahomes, a former major league pitcher. According to Life&Style magazine, the engagement ring Mahomes gave Matthews was worth between "$350,000 and $800,000.". Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl, Im honored to become a part-owner of the Kansas City Royals. "I'm honored to become a part owner of the Kansas City Royals," Mahomes said in a statement. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. He even considered playing baseball instead of football when he was in high school. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. The Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. Now hell own the Kansas City Royals. "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. watch a Juve match live. event : evt, Mahomes was named the NFL MVP and Offensive Player of the Year. 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.". Mahomes asked long-term girlfriend Brittany Matthews to marry him last September on the same day he received his Super Bowl ring. He also won the NFL MVP in 2018. No, Patrick Mahomes does not own the Denver Broncos. Patrick Mahomes is expected to throw for 5,052 yards, 52 touchdown passes, and 12 picks in 2019. 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. "I love this city and the people of this great town. The car was thought to be a Lamborghini Urus a super-powered SUV that costs around $230,000. NOW WATCH: Danica Patrick on getting into shape, dealing with negative thoughts, and more. I cant wait to see what he does next. It's a partnership that offers Mahomes plenty of breathing room, allowing him to use private aircraft at his own leisure. pic.twitter.com/TmTsqIV9QE, "We are so thrilled to make this a family affair and have Patrick join as an owner, Brittany Mahomes said in a statement. While this is certainly a tough ask, if there is anyone who can do that, it certainly is Patrick Mahomes! Speculating the numbers behind the deal. Sara King is accused of . Based on the current valuation, acquiring as little as 1% of the team should cost the quarterback over $10 million. Mahomes' baseball path begins with his dad, also named Pat Mahomes. The Royals have added some Kansas City royalty to their franchise. Patrick Mahomes contract. St. Patrick Vibes 20oz Skinny Tumbler Wrap Design, Retro Patrick's Day Tumbler Sublimation Design, Horror Patrick PNG, Digital Download . The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. of the new ownership group of the Kansas City Royals. The younger Mahomes was also a baseball prospect in his younger days. 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. Heres What We Know about Brittany Matthews. 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. He is the quarterback for the Kansas City Chiefs. 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, 24, will be the youngest part owner in sports history, and he will be a minority owner. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. callback: cb Fresh off his record-setting NFL contract, Kansas City Chiefs quarterback Patrick Mahomes is already putting his newfound wealth to use. He is currently Theres no doubt at all hes the man! Go @Royals!! Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. 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 Kansas City Chiefs quarterback won a Super Bowl in February. 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.. window.mc4wp.listeners.push( The 24-year old becomes becomes the youngest sports owner in history. Earlier this month, Mahomes signed a 10-year extension with the Chiefs that ties him to Kansas City through the 2031 season. The 24-year-old was sold to a group led by David Glass for $1 billion. 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. Since being drafted in the first round of the 2017 NFL Draft, Kansas City Chiefs quarterback Patrick Mahomes has taken the league by storm. Top editors give you the stories you want delivered right to your inbox each weekday. 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. Only one NFL team, the New Orleans Saints, flies its athletes on its own aircraft. Kansas City Royals worth: Reigning Super Bowl MVP Patrick Mahomes just became the part-owner of the MLB franchise. By the end of his career, Drew Brees had made 245 million dollars, making him the NFLs all-time money leader. Patrick Mahomes has joined the ownership group for the Kansas City Royals. NFL player Brandon Copeland on his 'Life 101' class, reaching out to players, Patrick Mahomes' agent on the making of a household name. 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. 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). Now, Mahomes is taking his talents to the baseball diamond. 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. as well as other partner offers and accept our. Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. We also offer a variety of resources for baseball players, including tips on hitting, pitching, and fielding. "I love this city and the people of this great town. We always knew he'd find his way into baseball. The most expensive house in Whitehouse, Texas, is up for sale for almost $5 million. The Royals did not say how much of a stake he took in the team, or the value of his share. The Kansas City Royals announced Patrick Mahomes addition to their ownership group via social media, officially welcoming him to the organization. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. Although Mahomes's role will be more ambassador than operational, it's still a nice addition to his resume. 4:13 PM EDT, Tue July 28, 2020. Mahomes recently bought a very expensive Ferrari 812 Superfast, which is a true racing car. The NFL has been known to fly its players on private planes, but this is not the norm. 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. Discovery Company. 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 . July 28th, 2020. Sporting is a community-oriented club, and I am excited to continue supporting the growth of soccer in Kansas City.. 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. It hasn't been reported how much of an investment Mahomes made. 2023 CNBC LLC. In July, a group led by Patrick Mahomes purchased an ownership stake in the Kansas City Wizards soccer club. Sherman further highlighted Mahomes' roots in baseball which started with his father, Pat Mahomes, who played 11 seasons in MLB as a reliever. The. Even a 1% ownership stake would cost him about $10 million. We want to hear from you. https://t.co/I3ItyS5CO0, . He has been a huge supporter behind-the-scenes. Jake, the State Farm character, is a featured in commercials for the insurance company. #AlwaysRoyal https://t.co/CDApf9wejT, Patrick Mahomes II (@PatrickMahomes) July 28, 2020. On Tuesday, July 28, Mahomes became the part-owner of Major League Baseball franchiseKansas City Royals. < Kansas City Royals worth: How much of the Royals does Patrick Mahomes own? I love this city and the people of this great town. Including 2020 and 2021, Mahomes' total cash for the extension totals $477.63 million, which averages out to $39.8 million per year. Hes averaged 96.9 points per game in those three wins, and hes outplayed them all three times. A post shared by Patrick Mahomes II (@patrickmahomes). According to Forbes, Rodgers endorsement of State Farm could earn him up to $3 million. All Rights Reserved. He is also the majority owner of the Kansas City Royals of Major League Baseball (MLB). "I'm honored to become a part-owner of the Kansas City Royals," Mahomes said in a statement. Patrick Mahomes can do it all, folks. Get this delivered to your inbox, and more info about our products and services. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. Per Celebrity Net Worth, Mahomes carries anet worth of$40 million. Mahomes joins an ownership group led by businessman John Sherman and more than 20 investors with ties to Kansas City, including actor Eric Stonestreet. While franchise values have increased annually, even a doubling of his ownership isnt going to be a financial boom for him. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. The citys economy as a whole is also heavily reliant on tourism. A big reason why is his commitment to getting proper treatment postgame. Whataburger will open two new restaurants in Platte County in 2023. *br> *br> TypePrivateRevenue$2.698 billion Which actor is the owner of whataburger? In addition, hes thrown for over 30,000 yards and 291 touchdown passes. 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. Mahomes, 24, became the youngest quarterback to win Super Bowl MVP in February. "I'm honored to become a part owner of the Kansas City Royals," Mahomes. The Kansas City Royals announced on Tuesday that Patrick Mahomes has joined their ownership group. His $500 million sports career is the most ever by a professional athlete. Theyre owned by the Whataburger restaurant chain, which includes Kansas City Chiefs star quarterback Patrick Mahomes. Gambling problem? 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. Chiefs president Mark Donovan said the 25-year-old helped fund the purchase of new voting machines to make it happen. Access your favorite topics in a personalized feed while you're on the go. This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. While Mahomes does not check the score at the first read, Alex Smith does. Patrick Mahomes has a 10-year contract that could be worth $500 million. The fancy reveal, which took place last October, featured hundreds of balloons, worded lights, and matching "Baby Daddy" and "Baby Momma" shirts for Mahomes and Matthews. Sherman has served in the United States Army. According to a statement issued by the Kansas City Chiefs, quarterback Patrick Mahomes is a member of the teams ownership group. Burger stands. Here are some of the most prominent: Few things represent the Lone Star State quite as much as a good burger. Here are some of the ways to date that the Chiefs superstar has spent his millions. The salary of Jake from State Farm is unknown, but it is likely to range between $10,000 and $15,000 per commercial. Patrick Mahomes is the second highest paid athlete in world sport. He wins a Super Bowl, becomes the highest paid player in league history and now owns part of an MLB team. Mahomes' net worth is currently estimated to be around $30 million. ); On the season, Mahomes is completing 65 percent of his passes, averaging 297 yards per game against the Broncos. Here you'll find information on the game of baseball, from the rules to the history. As of 2019, he has established his foundation 15 and the Mahomies, both of which are dedicated to improving the lives of children. 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. In addition, he is the youngest quarterback to throw for six touchdown passes in a game. ", Also Read |Tigers' Bullpen Sharp In 4-3 Win Over Royals. Mahomes, at 24 years old, will be the youngest part owner in sports history. He found one last month when he bought into the ownership group of the Royals. Patricks father, Patrick, Sr., played in Major League Baseball for 11 seasons, the last six with the Texas Rangers. Patrick Mahomes is having quite the year. 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. During his career, Eli Manning set a league record for career earnings with $252 million. 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. Baseball is a sport that is struggling to attract young fans, and Mahomes could be the perfect ambassador. 'S ownership group Manning set a league record for career earnings with $ 252 million, acquiring as little 1. 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