Patrick Mahomes can do it all, folks. Mahomes joined the HyperIce team in 2020. Jessy is an avid baseball fan and writer for the popular website, Baseball Writes. The Royals announced that Chiefs quarterback Patrick Mahomes has joined the ownership group. } He has a net worth of $40 million and is one of the wealthiest people in the world. Heres What We Know about Brittany Matthews. If thats not the definition of living the life, then I simply dont know what is. A post shared by Patrick Mahomes II (@patrickmahomes). This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". forms: { 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. However, it is estimated the Chiefs star parted with quite a hefty sum in order to become a part-owner of the team. Turning off the personalized . Patrick Mahomes joins a list of superstar athletes that have stakes in teams from other sports. While Mahomes does not check the score at the first read, Alex Smith does. Im honored to become a part owner of the Kansas City Royals, Mahomes said in a statement. New England Patriots quarterback Tom Brady also has a minority stake in the Boston Red Sox. 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. Not only is he a Texas native. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. The investment should be a pretty sound one as the value of sports franchises continues to rise. I guess Mahomes needed a place to invest his millions, and he chose to do it in an MLB team. NFL MVP. 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. These are all brand ambassador roles and carry a bit more headline value than operational value. 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. } The most expensive house in Whitehouse, Texas, is up for sale for almost $5 million. Meanwhile, his wife, Brittany Mahomes (nee Matthews), also owns the NWSL franchise, Kansas City Current. The Chiefs quarterback himself played baseball atTexas Tech for one season in 2015. Patrick Mahomes is a Kansas City native who has purchased a small minority stake in the team. Patrick Mahomes used his payday to become a part-owner in Major League Baseball side Kansas City Royals on July 28, 2020. 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. He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. The Story Behind Patrick Mahomes Iconic Hairstyle AKA The Mahomes. Sign up for notifications from Insider! Top editors give you the stories you want delivered right to your inbox each weekday. But with this latest move, he'll still have an opportunity to make some noise on a baseball field. Sherman and his wife Susie purchased the Royals from David Einhorn in 2013, and Sherman has been their owner ever since. Because the quarterback is usually the most important player on the field, the quarterback will receive the least amount of money from the winning teams players. "I'm honored to become a part owner of the Kansas City Royals," Mahomes. Mahomes' father, Pat, was also a pitcher in the majors for 11 seasons. 2023 Celebrity Net Worth / All Rights Reserved. Access your favorite topics in a personalized feed while you're on the go. 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. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. "I love this city and the people of this great town. The Detroit Tigers drafted him in 2014, though he never played for them. The two cities roots, history, and culture are all shared by them. Patrick Mahomes is the king of Kansas City -- the Chiefs superstar is now a part-owner of the Royals, the team announced Tuesday. Mahomes is under contract through the 2021 season and has club options for 2022 and 2023. 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. Because of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. Mahomes become the youngest team owner in MLB history in July 2020 when he purchased a stake in the Kansas City Royals. 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. Theres no doubt at all hes the man! Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. The actor who portrays Jake in the commercials, Kevin Miles, earns between $10,000 and $15,000 per commercial. Then, in July, he signed a record-setting $450 million contract extension, which could be worth up to $503 million. He even considered playing baseball instead of football when he was in high school. 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. In July, a group led by Patrick Mahomes purchased an ownership stake in the Kansas City Wizards soccer club. The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. I cant wait to see what he does next. NOW WATCH: Danica Patrick on getting into shape, dealing with negative thoughts, and more. Largely decorative legislation is seemingly the only chance Democrats have to . The 24-year-old was sold to a group led by David Glass for $1 billion. Pat Mahomes has led his Kansas City Chiefs to a 10-2 record this year, which is the best in franchise history. Patrick Mahomes has a 10-year contract that could be worth $500 million. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. In March of this year, the fast food restaurant chain plans to open four locations in the greater Charlotte area. Burger stands. Still, if Mahomes needed an advance to purchase a larger stake in the team (of say 2-3 percent), he would likely be able to find that in an owner-financed sale in which he would pay it off over time as more of his contract becomes guaranteed. As the holder of the biggest contract in NFL history, Patrick Mahomes is, among other things, filthy rich. 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. Mahomes has been described as a prolific passer who possesses a great arm and unbelievable touch. 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. This opportunity allows me to deepen my roots in this community, which is something Im excited to do., Exactly a year after Mahomes became part owner of KC Royals, he bought ownership of Major League Soccer club Sporting Kansas City. Mahomes' net worth is currently estimated to be around $30 million. That's one way to cement your ties to the community. CNN Sans & 2016 Cable News Network. He has been a huge supporter behind-the-scenes. In fiscal year 2011, the private sector generated $26.98 billion in revenue. of the new ownership group of the Kansas City Royals. Did you encounter any technical issues? By clicking Sign up, you agree to receive marketing emails from Insider This includes his Kansas City Chiefs contract from which he was earning only $555,000 a. Ewing Kauffman established the franchise in 1967. pic.twitter.com/9lzODUUpVA. However, the. 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). https://t.co/I3ItyS5CO0, . After signing that mammoth contract $450 million contract extension in 2020, Mahomes made a series of investments in both local and national franchises. Super Bowl Champion. Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). Ownership shares dont trade on any liquid market (although that may be changing) so its not like Mahomes can go log into his broker and pick up a couple shares. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. Mahomes father was an MLB pitcher between 1992 and 2003, while Mahomes himself played the sport at college for one season in 2015. Including 2020 and 2021, Mahomes' total cash for the extension totals $477.63 million, which averages out to $39.8 million per year. Patrick Mahomes also released a statement expressing his gratitude and excitement at being a part-owner of the team. 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 . Their chairman and principal owner, John Sherman, spoke to the press after the announcement. Then, in July, he signed a record-setting, , which could be worth up to $503 million. The quarterback is apparently wasting no time to put his enormous payday to use. New Seahawks' safety Jamal Adams, actor Eric Stonestreet, NWSL starChestley Strother and others reacted too -, This is Legendary brotha. 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. The Kansas City Royals announced on Tuesday that Patrick Mahomes has joined their ownership group. This is a great move by the Royals. Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. The Kansas City Chiefs quarterback has a ten-year contract worth an eye-watering $503 million. The Kansas City Chiefs' Super Bowl-winning quarterback can now add Major League Baseball owner to his long list of accolades. NFL star Mahomes joins Royals ownership. having signed a four-year,$670 million deal with the Spanish giant in 2017. on the same day he received his Super Bowl ring. 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. While Mahomes is most well known for throwing touchdown passes, he also has history with baseball. The Kansas City Chiefs recently signed Patrick Mahomes to a $503 million, five-year contract extension. Entrepreneur and Cleveland Indians minority owner John Sherman purchased the team from David Glass in November 2019. He signed a 10-year, up-to-$503 million contract extension earlier this month, the richest in sports history. Sterling Skye, his daughter with fiance Brittany Matthews, was born in February. 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. This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. Patrick Mahomes may only be 25 years old, but he is already the second-highest-paid athlete in world sport. Chiefs QB Patrick Mahomes just signed a contract extension with the team that is said to be the most lucrative deal in sports history. It's fair to say he made the right choice by playing football. ESPN's Louis Riddick tweeted a picture of a ride the freshly paid quarterback just purchased. The citys economy as a whole is also heavily reliant on tourism. 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. It's fair to say he made the right choice by playing football. Mahomes' baseball path begins with his dad, also named Pat Mahomes. Jason Catania. 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. Since making his NFL debut in September 2016, Patrick Mahomes has played in three of Denvers first nine games. listeners: [], Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. Mahomes recently bought a very expensive Ferrari 812 Superfast, which is a true racing car. Patrick Mahomes is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). 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. 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. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. In January, Mahomes surprised his Matthews with a brand new Lamborghini for no apparent reason. Brand deals are one thing, but owning stake in a brand? joined the team as part of the ownership group. It hasn't been reported how much of an investment Mahomes made. 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. 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. Mahomes and Durant are among a group of athletes invested in Whoop, a human performance company that makes fitness trackers. window.mc4wp.listeners.push( The team has an average winning percentage of 11.9 victories per season over the last five years. According to Celebrity Net Worth, Patrick Mahomes' net worth is approximately valued to be $40 million. 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. You could also argue that Mahomes is attempting to appear wealthy. 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. Patrick Lavon Mahomes II (born September 17, 1995) is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). 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 . Kansas City has many world-renowned museums, including the Museum of Fine Arts, Kansas City Zoo, and Truman Presidential Library. We want to hear from you. When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. window.mc4wp = window.mc4wp || { That brings its perks. Mahomes is also investing in businesses around Kansas City. 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. As the youngest owner in Major League Baseball history, he becomes the youngest owner at the age of 24. Patrick Mahomes is having quite the year. The pair's daughter, Sterling Skye, was born in February. As such, Mahomes made sure to throw his bag into something he feels passionate in. According to Life&Style magazine, the engagement ring Mahomes gave Matthews was worth between "$350,000 and $800,000.". The youngest owner in MLB history, Patrick Mahomes, purchased a 1% stake in the team. His long list of accolades continues to rise Kevin Miles, earns between $ 10,000 and $ Per... In fiscal year 2011, the fast food restaurant chain plans to open four in. Was worth between `` $ 350,000 and $ 800,000. `` more headline value than value... 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