how much does patrick mahomes own of the royals
"Nothing like waking up at 8 am to a new car on Monday," Matthews wrote in an Instagram story at the time. The signing of Patrick Mahomes, who is one of the most talented young quarterbacks in the league, is a significant coup for the club. https://t.co/D5yq8JTThK, Howdy partner! But what many fans may not know is that Mahomes is also a part-owner of another professional team: the Kansas City Royals. The younger Mahomes was also a baseball prospect in his younger days. 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. The Kansas City Chiefs quarterback won a Super Bowl in February. It carries a valuation of over $3 billion. In July, a group led by Patrick Mahomes purchased an ownership stake in the Kansas City Wizards soccer club. Brand deals are one thing, but owning stake in a brand? Go @Royals!! As the son of a former MLB player, baseball has always been in Mahomes' DNA. Fresh off his record-setting NFL contract, Kansas City Chiefs quarterback Patrick Mahomes is already putting his newfound wealth to use. He has always expressed his love for the city he reps and has taken a lot of initiatives to do so. "I'm honoured to become a part-owner of the Kansas City Royals," Patrick Mahomes said in a statement. Patrick Mahomes joins a list of superstar athletes that have stakes in teams from other sports. He owns a 1% stake in Major League Baseball's Kansas City Royals, which has an estimated value of $12 million, according to Sportico.. The investment should be a pretty sound one as the value of sports franchises continues to rise. Their chairman and principal owner, John Sherman, spoke to the press after the announcement. And his fiancee, Brittany Matthews, is part-owner of the KC NWSL women's pro soccer club. "I'm honored to become a part-owner of the Kansas City Royals," Mahomes said in a statement. 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. Heres What We Know about Brittany Matthews. Well, that's real capital. 7/28/2020 9:34 AM PT. In 2021, Mahomes purchased a minority stake in the Kansas City Royals, becoming the youngest principal owner in MLB history. Commercial flights have replaced traditional charter flights as the primary mode of transportation for NFL players. Mahomes, who grew up in Tyler, Texas, is a huge baseball fan. The Kansas City Royals have announced that Mahomes will participate in spring training with the team. @Royals https://t.co/UNhl53mY0u pic.twitter.com/jOAOa22GPQ, Also Read |Royals Slug 6 HRs In 14-6 Win Over Tigers. St. Patrick Vibes 20oz Skinny Tumbler Wrap Design, Retro Patrick's Day Tumbler Sublimation Design, Horror Patrick PNG, Digital Download . Sherman further highlighted Mahomes' roots in baseball which started with his father, Pat Mahomes, who played 11 seasons in MLB as a reliever. Mahomes is believed to have put $10 million into the Royals. While this is certainly a tough ask, if there is anyone who can do that, it certainly is Patrick Mahomes! Ownership in the Royals isn't the only spending Mahomes has been doing, either. As the Royals rebuild their roster with young talent, Mahomes will be there to help them achieve their goals. 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. All Rights Reserved. Theyre owned by the Whataburger restaurant chain, which includes Kansas City Chiefs star quarterback Patrick Mahomes. 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. window.mc4wp.listeners.push( The value of almost every individual. Mahomes joins a list of superstar athletes that have stakes in teams from other sports. Here you'll find information on the game of baseball, from the rules to the history. 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. The 24-year-old was sold to a group led by David Glass for $1 billion. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. Mahomes father was an MLB pitcher between 1992 and 2003, while Mahomes himself played the sport at college for one season in 2015. Turning off the personalized . While the NFL lacks a true superstar quarterback, Patrick Mahomes has the potential to be one. 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 Kansas City Chiefs' Super Bowl-winning quarterback can now add Major League Baseball owner to his long list of accolades. It's been a fantastic year for Patrick Mahomes. Your effort and contribution in providing this feedback is much The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. Gambling problem? 2023 Celebrity Net Worth / All Rights Reserved. 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. Jessy is an avid baseball fan and writer for the popular website, Baseball Writes. Call 1-800-GAMBLER. Here are some of the most prominent: Few things represent the Lone Star State quite as much as a good burger. 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. However, it is estimated the Chiefs star parted with quite a hefty sum in order to become a part-owner of the team. "This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. He is the quarterback for the Kansas City Chiefs. * 21+ (19+ CA-ONT) (18+ NH/WY). The MLS club has yet to accomplish much of anything since Mahomes bought a stake. Mahomes, at 24 years old, will be the youngest part owner in sports history. A high-flying LA Attorney accused of scamming $10.2 million from an investor is also accused of swindling a surgeon and her husband out of their $410,000 life savings. Mahomes has spent his first four NFL seasons in. Only one NFL team, the New Orleans Saints, flies its athletes on its own aircraft. What do Patrick Mahomes and Kevin Durant have in common? When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. Top editors give you the stories you want delivered right to your inbox each weekday. The company is currently valued at $700 million. 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. Patricks father, Patrick, Sr., played in Major League Baseball for 11 seasons, the last six with the Texas Rangers. Data is a real-time snapshot *Data is delayed at least 15 minutes. The team has an average winning percentage of 11.9 victories per season over the last five years. Got a confidential news tip? Details surroundingMahomes' stake in the MLB franchise remain sparse. (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. Brittany, Patrick Mahomes fiance, owns a stake in Kansas Citys National Womens Soccer team. Just weeks after inking a 10-year . The 24-year-old was sold to a group led by David Glass for $1 billion. In this article, we will list down all the sporting investments made by the Kansas City quarterback. All Rights Reserved. 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. Welcome, @PatrickMahomes, to @MLS! But with this latest move, he'll still have an opportunity to make some noise on a baseball field. He is also known for his athleticism, running a 4.8-second 40-yard dash at the NFL Scouting Combine. Mahomes become the youngest team owner in MLB history in July 2020 when he purchased a stake in the Kansas City Royals. While it is not common for active players to have ownership stakes in other teams, Mahomes is not the only one. Ewing Kauffman established the franchise in 1967. He has been a huge supporter behind-the-scenes. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. The. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. a super-powered SUV that costs around $230,000. Patrick Mahomes will be a Kansas City Chiefs player for the next ten years, with a contract worth 450 million dollars. The most expensive house in Whitehouse, Texas, is up for sale for almost $5 million. Did you encounter any technical issues? That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. Chiefs QB Patrick Mahomes looked for ways to get involved in baseball other than as a player. Kansas City Royals worth: Reigning Super Bowl MVP Patrick Mahomes just became the part-owner of the MLB franchise. Copyright 2023 Sporting News Holdings Limited. } Mahomes, 24, became the youngest quarterback to win Super Bowl MVP in February. 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. Largely decorative legislation is seemingly the only chance Democrats have to . 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. 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. 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. Kansas City Royals soon announced the news via a statement released on Tuesday. Along came HyperIce, a recovery and performance technology brand affiliated with global stars like Ja Morant, Naomi Osaka and Amanda Nunes. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. 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. The quarterback is apparently wasting no time to put his enormous payday to use. It would be much more convenient for Mahomes, like Stonestreet, to make decisions in the shadows rather than in the office. According to a statement issued by the Kansas City Chiefs, quarterback Patrick Mahomes is a member of the teams ownership group. 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