The Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. After playing college football for Texas Tech University, he was drafted by the Chiefs in the first round of the 2017 NFL Draft. 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. Patrick Mahomes is the second highest paid athlete in world sport. event : evt, I love this city and the people of this great town," Mahomes said in a statement. Mahomes is the son of Pat Mahomes, a former major league pitcher. I am thankful for the chance to join @brittanylynne as part of the @thekccurrent ownership team. Mahomes, 24, became the youngest quarterback to win Super Bowl MVP in February. Entrepreneur and Cleveland Indians minority owner John Sherman purchased the team from David Glass in November 2019. Mahomes becomes the first African American to own a majority stake in a Major League Baseball team. NFL player Brandon Copeland on his 'Life 101' class, reaching out to players, Patrick Mahomes' agent on the making of a household name. 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. Pat played for several Major League Baseball teams between 1992 and 2003. 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. Like Stonestreet, Mahomes would be more of a celebrity figurehead than someone making day-to-day decisions. Also Read |Holland Fans Side In 10th, Royals Trim Indians 3-2. 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. 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. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. "We. So it's little surprise that he also invested into private jet provider AirShare. The value of almost every individual. All Rights Reserved. The citys economy as a whole is also heavily reliant on tourism. "I love this city and the people of this great town. It's a partnership that offers Mahomes plenty of breathing room, allowing him to use private aircraft at his own leisure. He even considered playing baseball instead of football when he was in high school. 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. Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. < Kansas City Royals worth: How much of the Royals does Patrick Mahomes own? The Royals are currently estimated to have a worth of $1.025 billion by Forbes. Sign up for notifications from Insider! Pat Mahomes has led his Kansas City Chiefs to a 10-2 record this year, which is the best in franchise history. on: function(evt, cb) { Patrick Mahomes has joined the ownership group for the Kansas City Royals. Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. It would be much more convenient for Mahomes, like Stonestreet, to make decisions in the shadows rather than in the office. Whatcha think @PatrickMahomes ? Then, in July, he signed a record-setting $450 million contract extension, which could be worth up to $503 million. Mahomes has since added some other sporting sides to his repertoire, joining Sporting Kansas City's ownership group in 2021. At Texas Tech where he attended college, Mahomes played both football and baseball until his sophomore year, when he decided to focus on football. I guess Mahomes needed a place to invest his millions, and he chose to do it in an MLB team. While it is not common for active players to have ownership stakes in other teams, Mahomes is not the only one. By the end of his career, Drew Brees had made 245 million dollars, making him the NFLs all-time money leader. Whataburger is a German treat. The signing of Patrick Mahomes, who is one of the most talented young quarterbacks in the league, is a significant coup for the club. signing 10-year contract extension with the Kansas City Chiefs worth up to $503 million. In fiscal year 2011, the private sector generated $26.98 billion in revenue. 2023 Celebrity Net Worth / All Rights Reserved. According to Life&Style magazine, the engagement ring Mahomes gave Matthews was worth between "$350,000 and $800,000.". The salary of Jake from State Farm is unknown, but it is likely to range between $10,000 and $15,000 per commercial. Up until this point in his career, Mahomes has only earned a total of $13 million on the field. 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). 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). Odds & lines subject to change. 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. When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. The Kansas City Chiefs quarterback won a Super Bowl in February. Here you'll find information on the game of baseball, from the rules to the history. 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. According to a statement issued by the Kansas City Chiefs, quarterback Patrick Mahomes is a member of the teams ownership group. He grew up attending Royals games and has said that he wants to be a part of the teams future success. As of right now, Patrick Mahomes owns 2% of the Royals. Sherman further highlighted Mahomes roots in baseball by highlighting how his father, Pat Mahomes, played 11 seasons in MLB. The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. The Kansas City Chiefs quarterback has a ten-year contract. Im honored to become a part-owner of the Kansas City Royals, I love this city and the people of this great town. 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 he has agreed to a contract extension until 2021, the club is certain to keep him on its roster for the next two seasons. Get this delivered to your inbox, and more info about our products and services. 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. According to Forbes, Rodgers endorsement of State Farm could earn him up to $3 million. During his career, Eli Manning set a league record for career earnings with $252 million. Super Bowl Champion. Sherman has a unique position in this situation, and he might be able to exploit it. Is it possible that Patrick Mahomes is intentionally making fun of his fans? The MLS club is currently valued at $550 million and brings in over $45 million in revenue during a typical, non-pandemic year. It's fair to say he made the right choice by playing football. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). Per Spotrac, Mahomes has collected a hair over $75 millionthus far in his career. While franchise values have increased annually, even a doubling of his ownership isnt going to be a financial boom for him. The 24-year-old was sold to a group led by David Glass for $1 billion. 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. Because of his services, the Chiefs should pay him a fair salary. https://twitter.com/LRiddickESPN/status/1288170131311525888. Commercial flights have replaced traditional charter flights as the primary mode of transportation for NFL players. Ahead of last year's election, Mahomes helped turn the Chiefs stadium into aplace where Kansas City residents could vote. Mahomes has been described as a prolific passer who possesses a great arm and unbelievable touch. While this measure will almost certainly die in the Patrick Mahomes II Kansas City 2X MVP Super Bowl LVII Signature shirt also I will do this Senateas much good legislation doesit's still Democrats last chance to save reproductive rights on a federal level. As a result, other running backs in the NFL may be able to earn more money in the future. 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. Patrick Lavon Mahomes II (born September 17, 1995) is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). Theres no doubt at all hes the man! New England Patriots quarterback Tom Brady also has a minority stake in the Boston Red Sox. Turning off the personalized . Whataburger is partnering with Kansas City Chiefs quarterback Patrick Mahomes to open the first Whataburger restaurant in his hometown. NFL star Mahomes joins Royals ownership. Along came HyperIce, a recovery and performance technology brand affiliated with global stars like Ja Morant, Naomi Osaka and Amanda Nunes. By doing so, he became the active NFL player to have equity in an NWSL side. Seriously, is there anything this man cant do? Patrick Mahomes has arguably been one of the best quarterbacks in the NFL ever since the Kansas City Chiefs drafted him in 2017. "Nothing like waking up at 8 am to a new car on Monday," Matthews wrote in an Instagram story at the time. Brand deals are one thing, but owning stake in a brand? Patrick Mahomes, the reigning NFL MVP, is the new owner of the Kansas City Royals baseball team. 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. 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. Mahomes, who grew up in the Kansas City area, said he is excited and humbled to be a part of the Royals organization. Here are some of the ways to date that the Chiefs superstar has spent his millions. Mahomes has also been named to five Pro Bowls, which is quite the achievement in and of itself. Patrick Mahomes joins Royals ownership group, Royals Rumblings - News for March 1, 2023. While this is certainly a tough ask, if there is anyone who can do that, it certainly is Patrick Mahomes! Sherman is, however, the only Major League Baseball team owner not affiliated with the leagues 30 other clubs. The Kansas City Chiefs quarterback won a Super Bowl in February. Jessy is an avid baseball fan and writer for the popular website, Baseball Writes. 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. By clicking Sign up, you agree to receive marketing emails from Insider Your effort and contribution in providing this feedback is much The younger Mahomes was also a baseball prospect in his younger days. The Chiefs quarterback has bought into a bevy of firms, from food chains to sporting franchises. Its unlikely he bought any one owner out (which is why my guess is that he doesnt own much of the team) as the new ownership hasnt even been in place for a year yet, and there may be a lock-up period attached. 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. Full Spectrum Services LLP 2022 | All Rights Reserved. After winning the Super Bowl in February 2020, Mahomes and Matthews took a luxury vacation to Cabo San Lucas. Patrick Mahomes, Super Bowl Sweatshirt, Unisex T-shirt, Game Day Shirt ThriftyandStuff . He wins a Super Bowl, becomes the highest paid player in league history and now owns part of an MLB team. The Kansas City Royals have announced that Mahomes will participate in spring training with the team. watch a Juve match live. As the son of a former MLB player, baseball has always been in Mahomes' DNA. Mahomes is the son of Pat Mahomes, a former major league pitcher. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. Because of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. TMZ.com. 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