Does Patrick Mahomes Own The Kansas City Royals? The Kansas City Royals have announced that Mahomes will participate in spring training with the team. Hence, the Super Bowl LIV MVP had to pay a hefty sum to become the part-owner of the American League team. of the new ownership group of the Kansas City Royals. While the NFL lacks a true superstar quarterback, Patrick Mahomes has the potential to be one. 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. Also Read | Holland Fans Side In 10th, Royals Trim Indians 3-2 (Image Credits: AP, Royals Twitter Handle) COMMENT SUBSCRIBE TO US Patrick Mahomes has owned the Chargers defense, the Texans defense, and the 49ers defense. 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 . Sign up for free newsletters and get more CNBC delivered to your inbox. 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. 4:13 PM EDT, Tue July 28, 2020. He is also known for his flashy lifestyle, which extends beyond his on-field success. But with this latest move, he'll still have an opportunity to make some noise on a baseball field. Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). Mahomes capped off the month by. 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). Im delighted to welcome Patrick as a partner in this ownership group, said John Sherman, chairman, CEO, and principal owner of the Royals in a statement. After playing college football for Texas Tech University, he was drafted by the Chiefs in the first round of the 2017 NFL Draft. Mahomes become the youngest team owner in MLB history in July 2020 when he purchased a stake in the Kansas City Royals. He completed 12 of his 16 passes for 185 yards and two scores, and the Chiefs held a 16 point lead at the half. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. In July, a group led by Patrick Mahomes purchased an ownership stake in the Kansas City Wizards soccer club. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. Mahomes joins a list of superstar athletes that have stakes in teams from other sports. 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. Sherman has served in the United States Army. Airshare provides Kansas City Chiefs quarterback Alex Smith with a private jet. Mahomes is under contract through the 2021 season and has club options for 2022 and 2023. Discovery Company. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball. The portion that he owns has not been disclosed, but it is likely a very small portion. Mahomes has become the newest part owner of MLB's Kansas City Royals, according to a statement from the Royals. 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. https://t.co/I3ItyS5CO0, . What he is buying ownership for is to be an ambassador of the Royals, Chiefs, and Kansas City. While Mahomes does not check the score at the first read, Alex Smith does. Chiefs QB Patrick Mahomes looked for ways to get involved in baseball other than as a player. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. 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. So it's little surprise that he also invested into private jet provider AirShare. The most expensive house in Whitehouse, Texas, is up for sale for almost $5 million. Odds & lines subject to change. (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. The star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. 2023 Cable News Network. Whataburger will open two new restaurants in Platte County in 2023. The citys economy as a whole is also heavily reliant on tourism. on: function(evt, cb) { Here you'll find information on the game of baseball, from the rules to the history. I love this city and the people of this great town," Mahomes said in a statement. It's been a fantastic year for Patrick Mahomes. There is no denying that Patrick Mahomes is a rising star in the NFL. 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. 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 . Yes , Patrick Mahomes became a co-owner of the Kansas City Royals in July 2020 at only 24 years old. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. Sara King is accused of . Earlier this month, Mahomes signed a 10-year extension with the Chiefs that brought the value of his 12-year contact to as much as $503 million. 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. July 28th, 2020. The Kansas City Chiefs quarterback has a ten-year contract worth an eye-watering $503 million. He looked into the end zone for Sammy Watkins first, then Travis Kelce, and finally Kareem Hunt at the end. By clicking Sign up, you agree to receive marketing emails from Insider Its easy to see why Kansas Citys history is so intertwined with that of Kansas City. 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. These are all brand ambassador roles and carry a bit more headline value than operational value. Mahomes has also won the NFL MVP award twice, in 2018 and 2019. } 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. callback: cb Here is a lengthy list of the entire Royals ownership group, including one Eric Stonestreet: pic.twitter.com/dcIffTHAIE, Also Read |Royals Sign Matt Harvey To Minor League Deal. As a professional athlete, few things are as important as recovery. 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. Visit Insider's homepage for more stories. As the son of a former MLB player, baseball has always been in Mahomes' DNA. Patrick Mahomes can do it all, folks. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. Jason Catania. 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. Patrick Mahomes is the second highest paid athlete in world sport. Including 2020 and 2021, Mahomes' total cash for the extension totals $477.63 million, which averages out to $39.8 million per year. Just weeks after inking a 10-year . He also won the NFL MVP in 2018. Burger stands. By doing so, he became the active NFL player to have equity in an NWSL side. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. @ JayCat11. David Suggs is a content producer at The Sporting News. 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. However, with a fairly new stadium and a fanbase known for vociferous support, don't be surprised if SKC thrusts itself up the league table sooner rather than later. 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. It carries a valuation of over $3 billion. The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. 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When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. Kansas City has many world-renowned museums, including the Museum of Fine Arts, Kansas City Zoo, and Truman Presidential Library. event : evt, The purchase of this minority stake in the Major League Baseball team made Mahomes the youngest part-owner in baseball history. He signed a 10-year, $503 million extension with Kansas City Chiefs. Baseball is a sport that is struggling to attract young fans, and Mahomes could be the perfect ambassador. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. He has a net worth of $40 million and is one of the wealthiest people in the world. This is the online home for all things baseball. NFL player Brandon Copeland on his 'Life 101' class, reaching out to players, Patrick Mahomes' agent on the making of a household name. As of 2019, he has established his foundation 15 and the Mahomies, both of which are dedicated to improving the lives of children. Which Whataburger does Mahomes own? He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. CNN Sans & 2016 Cable News Network. 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 soon threw his support for the club, joining the franchise's ownership group in January 2023. It hasn't been reported how much of an investment Mahomes made. 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. The value of almost every individual. 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