This is the online home for all things baseball. New England Patriots quarterback Tom Brady also has a minority stake in the Boston Red Sox. Patrick Mahomes #15 of the Kansas City Chiefs celebrates after defeating the San Francisco 49ers 31-20 in Super Bowl LIV at Hard Rock Stadium on February 02, 2020 in Miami, Florida. Sign up for free newsletters and get more CNBC delivered to your inbox. Heres What We Know about Brittany Matthews. He has been writing about the sport for over five years and is passionate about sharing his knowledge and enthusiasm for the game. Theyre owned by the Whataburger restaurant chain, which includes Kansas City Chiefs star quarterback Patrick Mahomes. 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). @NWSL team next? Patrick Mahomes has joined the ownership group for the Kansas City Royals. By doing so, he became the active NFL player to have equity in an NWSL side. So it's little surprise that he also invested into private jet provider AirShare. As the team added a new investor to its co-investor group, John Sherman, the teams Chairman, CEO, and principal owner, expressed his pleasure. Including 2020 and 2021, Mahomes' total cash for the extension totals $477.63 million, which averages out to $39.8 million per year. "I'm honored to become a part owner of the Kansas City Royals," Mahomes said in a statement. } 2023 Celebrity Net Worth / All Rights Reserved. Chiefs QB Patrick Mahomes just signed a contract extension with the team that is said to be the most lucrative deal in sports history. 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. AZ, CO, CT, IL, IN, IA, KS, LA, (select parishes), MD, MI, NH, NJ, NY, OH, OR, PA, TN, VA, WV, WY, CA-ONT only.Eligibility restrictions apply. He grew up attending Royals games and has said that he wants to be a part of the teams future success. Christian McCaffrey, the Carolina Panthers all-time leading run-back, signed a $64 million extension in 2018. The citys economy as a whole is also heavily reliant on tourism. By choosing I Accept, you consent to our use of cookies and other tracking technologies. "We are very proud and excited to have Patrick as our partner in the ownershipgroup of this franchise," John Sherman, chairman, CEO and principal owner of the Royals, said in a statement. All Rights Reserved. Access your favorite topics in a personalized feed while you're on the go. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. Terms at draftkings.com/sportsbook. Kansas City, Missouri, is an ideal place to call home. The Royals announced that Chiefs quarterback Patrick Mahomes has joined the ownership group. This is an annual salary of approximately $45 million. New Seahawks' safety Jamal Adams, actor Eric Stonestreet, NWSL starChestley Strother and others reacted too -, This is Legendary brotha. on: function(evt, cb) { Brittany Mahomes, the wife of Kansas City Chiefs quarterback Patrick Mahomes, has seemingly fired back at critics after she was blasted as "annoying" and "crazy" during a recent episode of The Joe Rogan Experience podcast.. A Division of NBCUniversal. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. 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. ", Also Read |Tigers' Bullpen Sharp In 4-3 Win Over Royals. He already owns a stake in the Kansas City Royals in Major League Baseball, and his fiance, Brittany Matthews, also owns a stake in the Kansas City Wizards in the National Womens Soccer League. Get this delivered to your inbox, and more info about our products and services. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. "I love this city and the people of this great town. Sherman further highlighted Mahomes roots in baseball by highlighting how his father, Pat Mahomes, played 11 seasons in MLB. Patrick Mahomes is an American football player who currently plays for the Kansas City Chiefs of the National Football League (NFL). On and off the field, Patrick Mahomes is truly one of the most dominant players in the NFL. Also Read |Holland Fans Side In 10th, Royals Trim Indians 3-2. 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 . Mahomes asked long-term girlfriend Brittany Matthews to marry him last September on the same day he received his Super Bowl ring. Which Whataburger does Mahomes own? Although it's unclear quite how much Mahomes has invested into the firm, it does seem to be making an impact: the company is planning on opening 30 locations in the Kansas City area by 2027. } It's fair to say he made the right choice by playing football. 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. Full Spectrum Services LLP 2022 | All Rights Reserved. Did you encounter any technical issues? Now, Mahomes is taking his talents to the baseball diamond. After winning the Super Bowl in February 2020, Mahomes and Matthews took a luxury vacation to Cabo San Lucas. 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. Updated Mahomes joined the HyperIce team in 2020. Speculating the numbers behind the deal. The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. Your effort and contribution in providing this feedback is much According to Forbes, the franchise was valued at roughly a billion dollars back then. 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. 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. Even a 1% ownership stake would cost him about $10 million. The actor who portrays Jake in the commercials, Kevin Miles, earns between $10,000 and $15,000 per commercial. appreciated. Mahomes becomes the first African American to own a majority stake in a Major League Baseball team. 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. We also offer a variety of resources for baseball players, including tips on hitting, pitching, and fielding. In July, a group led by Patrick Mahomes purchased an ownership stake in the Kansas City Wizards soccer club. 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. Mahomes has stayed fairly healthy over the course of his career. Then, in July, he signed a record-setting $450 million contract extension, which could be worth up to $503 million. 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 Work+Money, Mahomes and Matthews spent around $400,000 renovating the house, situated inthe city's Mission Hills neighborhood. The value of almost every individual. However, the. https://t.co/D5yq8JTThK, Howdy partner! 2. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. The salary of Jake from State Farm is unknown, but it is likely to range between $10,000 and $15,000 per commercial. callback: cb If he were to see out the entirety of his 10-year extension, however, Mahomes would net$491 millionfrom salary alone. Sherman and his wife Susie purchased the Royals from David Einhorn in 2013, and Sherman has been their owner ever since. Pat Mahomes has led his Kansas City Chiefs to a 10-2 record this year, which is the best in franchise history. He would had to have purchased his share either through one current owner or multiple owners given up a smaller percentage. Patrick Mahomes is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). City services include health care, financial services, and technology. Patrick Mahomes, the reigning NFL MVP, is the new owner of the Kansas City Royals baseball team. Mahomes is something of an expert on aerial dominance. His play was nothing short of spectacular, as he threw for over 5,000 yards and 50 touchdowns. 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. These are all brand ambassador roles and carry a bit more headline value than operational value. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. And now the newest member of the @SportingKC ownership group! According to an ESPN source, Mahomes and the club were in talks for the past 12 months. He signed a 10-year, up-to-$503 million contract extension earlier this month, the richest in sports history. 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. Like Stonestreet, Mahomes would be more of a celebrity figurehead than someone making day-to-day decisions. Patrick Mahomes has a 10-year contract that could be worth $500 million. Mahomes, 24, will be the youngest part owner in sports history, and he will be a minority owner. "I'm honoured to become a part-owner of the Kansas City Royals," Patrick Mahomes said in a statement. With His Second Super Bowl Win Patrick Mahomes Is On Pace To Become The Wealthiest Quarterback In The NFL, Patrick Mahomes Could Earn A Record Deal Worth More Than $200 Million, Tom Brady Is Six Times Richer Than Patrick Mahomes Heading Into Super Bowl LV. Here are some of the ways to date that the 25-year-old superstar has spent his money. What do Patrick Mahomes and Kevin Durant have in common? The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. "I love this city and the people of this great town. Mahomes grew up playing both football and baseball, and recently signed the richest football contract in North American history. Mahomes isn't the only one in his family to toss some bread to help a local sports team. Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. Mahomes is the son of Pat Mahomes, a former major league pitcher. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. Kansas City Chiefs quarterback Patrick Mahomes has purchased a share of the Kansas City Royals, making himself the youngest part-owner in sports history and a two-sport Kansas City star. 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. The Detroit Tigers drafted him in 2014, though he never played for them. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. No products in the cart. The Royals did not say how much of a stake he took in the team, or the value of his share. Who do you think is the new owner of the Kansas City baseball team? 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