} signing 10-year contract extension with the Kansas City Chiefs worth up to $503 million. That brings its perks. Mahomes is something of an expert on aerial dominance. Top editors give you the stories you want delivered right to your inbox each weekday. The NFL has been known to fly its players on private planes, but this is not the norm. Then, in July, he signed a record-setting, , which could be worth up to $503 million. Juventus is his favorite soccer club and he one day plans to go to Italy and Jason Catania. Theyre owned by the Whataburger restaurant chain, which includes Kansas City Chiefs star quarterback Patrick Mahomes. In January, Mahomes surprised his Matthews with a brand new Lamborghini for no apparent reason. 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," said Mahomes in a statement. Go @Royals!! It hasn't been reported how much of an investment Mahomes made. Mahomes is also investing in businesses around Kansas City. Christian McCaffrey, the Carolina Panthers all-time leading run-back, signed a $64 million extension in 2018. < Kansas City Royals worth: How much of the Royals does Patrick Mahomes own? However, it is estimated the Chiefs star parted with quite a hefty sum in order to become a part-owner of the team. 2. Im honored to become a part owner of the Kansas City Royals, Mahomes said in a statement. ); 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 . Mahomes becomes the first African American to own a majority stake in a Major League Baseball team. Per Celebrity Net Worth, Mahomes carries anet worth of$40 million. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. The purchase of this minority stake in the Major League Baseball team made Mahomes the youngest part-owner in baseball history. The Kansas City Chiefs quarterback won a Super Bowl in February. He is also known for his athleticism, running a 4.8-second 40-yard dash at the NFL Scouting Combine. The Chiefs quarterback has bought into a bevy of firms, from food chains to sporting franchises. 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). 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. As the son of a former MLB player, baseball has always been in Mahomes' DNA. During road games, two private jets ferry players around the stadium. pursuing BMM from St Xavier's College with his specialization in Advertising. Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. In addition, he is the youngest quarterback to throw for six touchdown passes in a game. It carries a valuation of over $3 billion. Have you flown to or from the new KCI yet? At Texas Tech where he attended college, Mahomes played both football and baseball until his sophomore year, when he decided to focus on football. No, Patrick Mahomes does not own the Denver Broncos. Mahomes is believed to have put $10 million into the Royals. New England Patriots quarterback Tom Brady also has a minority stake in the Boston Red Sox. Because of the fact that billionaires are frequently team owners, they may not require a private plane to travel. The Detroit Tigers drafted him in 2014, though he never played for them. Patrick Mahomes will be a Kansas City Chiefs player for the next ten years, with a contract worth 450 million dollars. He wins a Super Bowl, becomes the highest paid player in league history and now owns part of an MLB team. It's fair to say he made the right choice by playing football. TMZ.com. Access your favorite topics in a personalized feed while you're on the go. Yes , Patrick Mahomes became a co-owner of the Kansas City Royals in July 2020 at only 24 years old. By doing so, he became the active NFL player to have equity in an NWSL side. I love this city and the people of this great town," Mahomes said in a statement. Mahomes has since added some other sporting sides to his repertoire, joining Sporting Kansas City's ownership group in 2021. The younger Mahomes was also a baseball prospect in his younger days. Mahomes was named the NFL MVP and Offensive Player of the Year. Sherman further highlighted Mahomes roots in baseball by highlighting how his father, Pat Mahomes, played 11 seasons in MLB. } Sherman further highlighted Mahomes' roots in baseball which started with his father, Pat Mahomes, who played 11 seasons in MLB as a reliever. 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. Soccer Star, Fitness Enthusiast, and Patrick Mahomes Number One Supporter- Mahomes, at 24 years old, will be the youngest part owner in sports history. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. Patrick Mahomes has joined the ownership group for the Kansas City Royals. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. 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 . 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. 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. (function() { MORE:How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries. Full Spectrum Services LLP 2022 | All Rights Reserved. Access your favorite topics in a personalized feed while you're on the go. The Royals are valued at just over $1 billion, according to Forbes. The Kansas City Royals announced Patrick Mahomes addition to their ownership group via social media, officially welcoming him to the organization. Whataburger will open two new restaurants in Platte County in 2023. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. Including 2020 and 2021, Mahomes' total cash for the extension totals $477.63 million, which averages out to $39.8 million per year. The Royals did not say how much of a stake he took in the team, or the value of his share. 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. 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. Kansas City is home to the Major League Baseball club. Mahomes is one of the most popular players in the NFL, and his addition will only help to grow the popularity of the team. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. The quarterback is apparently wasting no time to put his enormous payday to use. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. Patrick Mahomes is an American football player who currently plays for the Kansas City Chiefs of the National Football League (NFL). All Rights Reserved. He grew up attending Royals games and has said that he wants to be a part of the teams future success. Mahomes recently bought a very expensive Ferrari 812 Superfast, which is a true racing car. callback: cb According to Forbes, Rodgers endorsement of State Farm could earn him up to $3 million. Patrick Mahomes has owned the Chargers defense, the Texans defense, and the 49ers defense. 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. There is no denying that Patrick Mahomes is a rising star in the NFL. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. Here you'll find information on the game of baseball, from the rules to the history. NFL MVP. Top editors give you the stories you want delivered right to your inbox each weekday. And now the newest member of the @SportingKC ownership group! Mahomes, who grew up in Tyler, Texas, is a huge baseball fan. NOW WATCH: Danica Patrick on getting into shape, dealing with negative thoughts, and more. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. As the holder of the biggest contract in NFL history, Patrick Mahomes is, among other things, filthy rich. Mahomes will not be competing for a roster spot, but he will get the chance to work with the coaching staff and get some valuable experience. By choosing I Accept, you consent to our use of cookies and other tracking technologies. Harmon Dobson and Paul Burton opened the first restaurant for the company in Corpus Christi, Texas, in 1950. A post shared by Patrick Mahomes II (@patrickmahomes) on Apr 9, 2020 at 1:53pm PDT. . Per Spotrac, Mahomes has collected a hair over $75 millionthus far in his career. #AlwaysRoyal https://t.co/CDApf9wejT, Patrick Mahomes II (@PatrickMahomes) July 28, 2020. He is also known for his flashy lifestyle, which extends beyond his on-field success. His play was nothing short of spectacular, as he threw for over 5,000 yards and 50 touchdowns. 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. Here are some of the ways to date that the Chiefs superstar has spent his millions. } Patrick Mahomes contract. 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. ", Also Read |Tigers' Bullpen Sharp In 4-3 Win Over Royals. Mahomes has also been named to five Pro Bowls, which is quite the achievement in and of itself. Because of his services, the Chiefs should pay him a fair salary. Patrick Mahomes, who won the Super Bowl LIV in 2017, has joined the ownership group of Major League Soccers (MLS) parent company. window.mc4wp = window.mc4wp || { 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. 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 younger Mahomes was also a baseball prospect in his younger days. window.mc4wp.listeners.push( 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. The 24-year old becomes becomes the youngest sports owner in history. https://t.co/D5yq8JTThK, Howdy partner! listeners: [], Is it possible that Patrick Mahomes is intentionally making fun of his fans? Which Whataburger does Mahomes own? A 10-year-old will have plenty of chances to watch her father play as he continues to excel in the game. It is also a good sign that he is putting his roots down in the community and fully embracing the city. We always knew he'd find his way into baseball. Theres no doubt at all hes the man! Those partners may have their own information they've collected about you. Updated Airshare provides Kansas City Chiefs quarterback Alex Smith with a private jet. Fresh off his record-setting NFL contract, Kansas City Chiefs quarterback Patrick Mahomes is already putting his newfound wealth to use. 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. Mahomes' net worth is currently estimated to be around $30 million. "I love this city and the people of this great town,". watch a Juve match live. https://t.co/I3ItyS5CO0, . * 21+ (19+ CA-ONT) (18+ NH/WY). event : evt, By the end of his career, Drew Brees had made 245 million dollars, making him the NFLs all-time money leader. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. He would had to have purchased his share either through one current owner or multiple owners given up a smaller percentage. The MLS club is currently valued at $550 million and brings in over $45 million in revenue during a typical, non-pandemic year. He is currently Whataburger is partnering with Kansas City Chiefs quarterback Patrick Mahomes to open the first Whataburger restaurant in his hometown. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. 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. Mahomes has also won the NFL MVP award twice, in 2018 and 2019. Pat played for several Major League Baseball teams between 1992 and 2003. 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. NBA star LeBron James is a minority owner Premier League champions Liverpool FC,Russell Wilson is a part-owner of MLS franchiseSeattle Sounders F.C while Kevin Durant recently joined MLS' Philadelphia Union as part-owner. 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