He also won the NFL MVP in 2018. Hes averaged 96.9 points per game in those three wins, and hes outplayed them all three times. We also offer a variety of resources for baseball players, including tips on hitting, pitching, and fielding. As a result, other running backs in the NFL may be able to earn more money in the future. That brings its perks. Chiefs QB Patrick Mahomes just signed a contract extension with the team that is said to be the most lucrative deal in sports history. After signing that mammoth contract $450 million contract extension in 2020, Mahomes made a series of investments in both local and national franchises. In 2020, Mahomes became the youngest Super Bowl-winning quarterback in NFL history, when the Chiefs defeated the San Francisco 49ers in Super Bowl LIV. } John Sherman, the Royals' chairman, CEO, and principal owner added: "We are very proud and excited to have Patrick as our partner in the ownership group of this franchise. The Royals are currently estimated to have a worth of $1.025 billion by Forbes. 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. Mahomes' father, Pat, was also a pitcher in the majors for 11 seasons. Have you flown to or from the new KCI yet? Patrick Mahomes, the Kansas City Chiefs all-star quarterback, has purchased a minority stake in the team. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. Call 1-800-GAMBLER. Chiefs quarterback Patrick Mahomes signs most lucrative sports deal in history, agent says. Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). He can sling passes during the day with his team and then hit up his box at night for Royals games. NFL MVP. Which Whataburger does Mahomes own? 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. It's fair to say he made the right choice by playing football. Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. Whatcha think @PatrickMahomes ? Does Patrick Mahomes Own The Kansas City Royals? The MLS club is currently valued at $550 million and brings in over $45 million in revenue during a typical, non-pandemic year. We want to hear from you. Patrick Mahomes may only be 25 years old, but he is already the second-highest-paid athlete in world sport. Congratulations! Mahomes has stayed fairly healthy over the course of his career. Entrepreneur and Cleveland Indians minority owner John Sherman purchased the team from David Glass in November 2019. At Texas Tech where he attended college, Mahomes played both football and baseball until his sophomore year, when he decided to focus on football. Because of his services, the Chiefs should pay him a fair salary. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl, Im honored to become a part-owner of the Kansas City Royals. On top of Mahomes' bumper contract, he also boasts brand deals with Adidas, Oakley,BioSteel Sports Nutrition, and ketchup brand Hunt's,among others. 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). Patrick Mahomes also released a statement expressing his gratitude and excitement at being a part-owner of the team. Im honored to become a part owner of the Kansas City Royals, Mahomes said in a statement. Only FC Barcelona forward Lionel Messi can claim to earn more in wages alone, having signed a four-year,$670 million deal with the Spanish giant in 2017. The pair's daughter, Sterling Skye, was born in February. 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. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. event : evt, The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. Patrick Mahomes is expected to throw for 5,052 yards, 52 touchdown passes, and 12 picks in 2019. Having signed a ten-year, over US$500. After playing college football for Texas Tech University, he was drafted by the Chiefs in the first round of the 2017 NFL Draft. Pat played for several Major League Baseball teams between 1992 and 2003. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Only one NFL team, the New Orleans Saints, flies its athletes on its own aircraft. Fresh off his record-setting NFL contract, Kansas City Chiefs quarterback Patrick Mahomes is already putting his newfound wealth to use. In addition, hes thrown for over 30,000 yards and 291 touchdown passes. Patrick Mahomes, Super Bowl Sweatshirt, Unisex T-shirt, Game Day Shirt ThriftyandStuff . Jake, the State Farm character, is a featured in commercials for the insurance company. In this article, we will list down all the sporting investments made by the Kansas City quarterback. St. Patrick Vibes 20oz Skinny Tumbler Wrap Design, Retro Patrick's Day Tumbler Sublimation Design, Horror Patrick PNG, Digital Download . 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. @ JayCat11. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. Odds & lines subject to change. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. Brittany, Patrick Mahomes fiance, owns a stake in Kansas Citys National Womens Soccer team. In January, Mahomes surprised his Matthews with a brand new Lamborghini for no apparent reason. 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 led the Chiefs back from a 10 point fourth quarter deficit, driving them for a game-winning drive late in the fourth quarter. No, Patrick Mahomes does not own the Denver Broncos. He found one last month when he bought into the ownership group of the Royals. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball minority owner. The 24-year old becomes becomes the youngest sports owner in history. While franchise values have increased annually, even a doubling of his ownership isnt going to be a financial boom for him. There is no denying that Patrick Mahomes is a rising star in the NFL. "I'm honoured to become a part-owner of the Kansas City Royals," Patrick Mahomes said in a statement. Also Read | Holland Fans Side In 10th, Royals Trim Indians 3-2 (Image Credits: AP, Royals Twitter Handle) COMMENT SUBSCRIBE TO US 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 . He is also the majority owner of the Kansas City Royals of Major League Baseball (MLB). Mahomes has aligned himself with numerous blue-chip brands over the course of his career, including State Farm and Head and Shoulders. While Mahomes does not check the score at the first read, Alex Smith does. And his fiancee, Brittany Matthews, is part-owner of the KC NWSL women's pro soccer club. as well as other partner offers and accept our. Mahomes Jr. was reportedly even drafted byDetroit Tigers in the 2014 MLBAmateur Draft before he opted to make his career in the NFL instead. Patrick Mahomes is the king of Kansas City -- the Chiefs superstar is now a part-owner of the Royals, the team announced Tuesday. Jessy is an avid baseball fan and writer for the popular website, Baseball Writes. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. Mahomes is believed to have put $10 million into the Royals. On Tuesday, July 28, Mahomes became the part-owner of Major League Baseball franchiseKansas City Royals. 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. According to the Royals, he purchased a stake in the team, but it was not disclosed how much he purchased or what his value was. Sherman has served in the United States Army. "I love this city and the people of this great town. "Patrick Mahomes YOU THE BEST #momcar.". * 21+ (19+ CA-ONT) (18+ NH/WY). Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field.. 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. While it is not common for active players to have ownership stakes in other teams, Mahomes is not the only one. Per Celebrity Net Worth, Mahomes carries anet worth of$40 million. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. Mahomes' net worth is currently estimated to be around $30 million. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. He also has a minority stake in the Kansas City Royals baseball team. CNNs Kevin Dotson contributed to this story. I guess Mahomes needed a place to invest his millions, and he chose to do it in an MLB team. 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. Whataburger will open two new restaurants in Platte County in 2023. Whataburger is partnering with Kansas City Chiefs quarterback Patrick Mahomes to open the first Whataburger restaurant in his hometown. Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. The Detroit Tigers drafted him in 2014, though he never played for them. The Chiefs quarterback has bought into a bevy of firms, from food chains to sporting franchises. 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. the 25-year-old helped fund the purchase of new voting machines to make it happen. 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