Mahomes has stayed fairly healthy over the course of his career. Per Spotrac, Mahomes has collected a hair over $75 millionthus far in his career. Miles has also appeared in commercials for other companies, including State Farm Insurance. Patrick Mahomes, the Kansas City Chiefs starting quarterback, owns and operates the first Whataburger, which is set to open in the coming weeks. 2023 Cable News Network. @ JayCat11. Then, in July, he signed a record-setting $450 million contract extension, which could be worth up to $503 million. The new deal was touted as the largest contract in sports history. The megadeal came after Mahomes won the Super Bowl MVP Award for the Chiefs last season and was named NFL MVP for the 2018 season. I love this city and the people of this great town," Mahomes said in a statement. We want to hear from you. Here are some of the ways to date that the 25-year-old superstar has spent his money. forms: { Im delighted to welcome Patrick as a partner in this ownership group, said John Sherman, chairman, CEO, and principal owner of the Royals in a statement. Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). Here you'll find information on the game of baseball, from the rules to the history. The younger Mahomes was also a baseball prospect in his younger days. 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. Speculating the numbers behind the deal. On the season, Mahomes is completing 65 percent of his passes, averaging 297 yards per game against the Broncos. The portion that he owns has not been disclosed, but it is likely a very small portion. The value of almost every individual. Full Spectrum Services LLP 2022 | All Rights Reserved. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. If he hits all his incentives, then . During road games, two private jets ferry players around the stadium. 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. Whatcha think @PatrickMahomes ? The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. Mahomes is one of the most popular players in the NFL, and his addition will only help to grow the popularity of the team. That's one way to cement your ties to the community. Submit a correction suggestion and help us fix it! 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. A 10-year-old will have plenty of chances to watch her father play as he continues to excel in the game. Given that Rodgers is well-liked, its no surprise that his endorsement deal is one of the NFLs largest. The Kansas City Chiefs quarterback won a Super Bowl in February. put pen-to-paper on a 10-year contract worth an eye-watering $503 million. His father, Pat Mahomes, was an pitcher for a number of MLB teams, including theMinnesota Twins, the Boston Red Sox, and the New York Mets, between 1992 and 2003. *br> *br> TypePrivateRevenue$2.698 billion Which actor is the owner of whataburger? on: function(evt, cb) { 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. Now hell own the Kansas City Royals. As a professional athlete, few things are as important as recovery. Mahomes is believed to have put $10 million into the Royals. "I love this city and the people of this great town. In July, a group led by Patrick Mahomes purchased an ownership stake in the Kansas City Wizards soccer club. pursuing BMM from St Xavier's College with his specialization in Advertising. The Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. It's been a fantastic year for Patrick Mahomes. According to Celebrity Net Worth, Patrick Mahomes' net worth is approximately valued to be $40 million. League sources told ESPN's Adam Schefter that the deal is worth $450 . In fact, his wife Brittany a former collegiate and professional soccer player became part owner of the NWSL's expansion Kansas City franchise in 2021. Mahomes father was an MLB pitcher between 1992 and 2003, while Mahomes himself played the sport at college for one season in 2015. Mahomes' father, Pat, was also a pitcher in the majors for 11 seasons. Patrick Mahomes, a member of the Kansas City Royals ownership group, has been appointed, the team announced on Tuesday. Whataburger is a German treat. https://t.co/D5yq8JTThK, Howdy partner! He also won the NFL MVP in 2018. In January, Mahomes surprised his Matthews with a brand new Lamborghini for no apparent reason. becomes the youngest sports owner in history. Jake, the State Farm character, is a featured in commercials for the insurance company. The Chiefs quarterback also played baseball at Texas Tech University for one seasonin 2015 before quitting to focus on football, according to CNN. He is the quarterback for the Kansas City Chiefs. 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). 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. 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). Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. "I love this city and the people of this great town. We are very proud and excited to have Patrick as our partner in the ownership group of this franchise. joined the team as part of the ownership group. 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. 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. Patrick Mahomes Net Worth (updated 2022) is estimated to be around $150 million. The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. 7/28/2020 9:34 AM PT. Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. "We are very . His passion for the Current is undeniable, and I am glad that he will be with us as we continue on our journey to become the best in the NWSL. The Royals are valued at just over $1 billion, according to Forbes. 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. On Tuesday, July 28, Mahomes became the part-owner of Major League Baseball franchiseKansas City Royals. Patrick Mahomes is an American football player who currently plays for the Kansas City Chiefs of the National Football League (NFL). Mahomes joins a list of superstar athletes that have stakes in teams from other sports. Patrick Mahomes, the reigning NFL MVP, is the new owner of the Kansas City Royals baseball team. Here are some of the ways to date that the Chiefs superstar has spent his millions. Details surroundingMahomes' stake in the MLB franchise remain sparse. } event : evt, While the NFL lacks a true superstar quarterback, Patrick Mahomes has the potential to be one. 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. Mahomes recently bought a very expensive Ferrari 812 Superfast, which is a true racing car. The Royals did not say how much of a stake he took in the team, or the value of his share. 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. The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. He played at Texas Tech for one season in 2015 as a relief pitcher before quitting to focus on football, and he was drafted by the Detroit Tigers in the 2014 MLB June Amateur Draft, according to Baseball Reference. CNN Sans & 2016 Cable News Network. Having signed a ten-year, over US$500. Im starting to think he might be superhuman. Sherman has served in the United States Army. Mahomes, who grew up in Tyler, Texas, is a huge baseball fan. Updated pic.twitter.com/9lzODUUpVA. It would be much more convenient for Mahomes, like Stonestreet, to make decisions in the shadows rather than in the office. It's a partnership that offers Mahomes plenty of breathing room, allowing him to use private aircraft at his own leisure. On top of Mahomes' bumper contract, he also boasts brand deals with Adidas, Oakley,BioSteel Sports Nutrition, and ketchup brand Hunt's,among others. He isnt part of the leagues 30 owners, and he appears to be unconcerned about it. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. Mahomes was named the NFL MVP and Offensive Player of the Year. 2. His father, Pat Mahomes, was also a MLB pitcher for 11 seasons. Ewing Kauffman established the franchise in 1967. Data is a real-time snapshot *Data is delayed at least 15 minutes. Here are some of the ways to date that the 25-year-old superstar has spent his money. a super-powered SUV that costs around $230,000. Including 2020 and 2021, Mahomes' total cash for the extension totals $477.63 million, which averages out to $39.8 million per year. Chiefs quarterback Patrick Mahomes signs most lucrative sports deal in history, agent says. Signing him is a huge coup for Kansas City, and fans all over should be excited about watching him play. Because of his services, the Chiefs should pay him a fair salary. Mahomes becomes the most popular owner in all of sports. Gambling problem? Also Read |Holland Fans Side In 10th, Royals Trim Indians 3-2. Brittany, Patrick Mahomes fiance, owns a stake in Kansas Citys National Womens Soccer team. listeners: [], Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. 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. However, with a fairly new stadium and a fanbase known for vociferous support, don't be surprised if SKC thrusts itself up the league table sooner rather than later. Well, outside of being two of the best players in their respective sports and pillars of their local communities, they also share business ties. @NWSL team next? The Detroit Tigers drafted him in 2014, though he never played for them. The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. In addition, hes thrown for over 30,000 yards and 291 touchdown passes. The Kansas City Royals announced on Tuesday that Patrick Mahomes has joined their ownership group. He is also the majority owner of the Kansas City Royals of Major League Baseball (MLB). 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. As such, Mahomes made sure to throw his bag into something he feels passionate in. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". 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 . This is a great move by the Royals. Patrick Mahomes, Super Bowl Sweatshirt, Unisex T-shirt, Game Day Shirt ThriftyandStuff . What he is buying ownership for is to be an ambassador of the Royals, Chiefs, and Kansas City. NFL player Brandon Copeland on his 'Life 101' class, reaching out to players, Patrick Mahomes' agent on the making of a household name. "Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field," Sherman said in a statement. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. Sara King is accused of . St. Patrick Vibes 20oz Skinny Tumbler Wrap Design, Retro Patrick's Day Tumbler Sublimation Design, Horror Patrick PNG, Digital Download . According to an ESPN source, Mahomes and the club were in talks for the past 12 months. 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. "I love this city and the people of this great town,". The investment should be a pretty sound one as the value of sports franchises continues to rise. He has been a huge supporter behind-the-scenes. window.mc4wp.listeners.push( 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. Patrick Mahomes is expected to throw for 5,052 yards, 52 touchdown passes, and 12 picks in 2019. As the Royals rebuild their roster with young talent, Mahomes will be there to help them achieve their goals. The most expensive house in Whitehouse, Texas, is up for sale for almost $5 million. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. Per Celebrity Net Worth, Mahomes carries anet worth of$40 million. 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. Patrick Mahomes has a 10-year contract that could be worth $500 million. No, Patrick Mahomes does not own the Denver Broncos. By clicking Sign up, you agree to receive marketing emails from Insider Did you encounter any technical issues? Patrick Mahomes -- the star quarterback of the Kansas City Chiefs and reigning Super Bowl Most Valuable Player -- now is part owner of the Royals, the franchise announced Tuesday. Sterling Skye, his daughter with fiance Brittany Matthews, was born in February. He established NFL records for most touchdown passes in the first three games of his career. })(); Designed by Elegant Themes | Powered by WordPress, Deadwood On A Baseball Bat: How To Prevent And Recognize Weak Wood On Your Bat, What MLB Scouts Look For In Potential Players, A Guide To Finding The Best Youth Baseball Gloves, How To Rock Your Baseball Cap Look: Styling Tips For Any Outfit, What Tree Are Baseball Bats Made From: Exploring Different Types Of Wood, The Essential Role Of Welting In Baseball Gloves: Securing A Long-Lasting Performance, How To Tighten Baseball Pants For A Perfect Fit, Dropping The Bat In Baseball: Exploring The Rules And Techniques, An Unwelcome Change: Exploring Why Baseball Fans Dislike Alternate Jerseys, Unlocking The Secrets Of Baseball Bats: How Different Types Affect Performance, Exploring The Speed Of Baseball: Factors Records And Strategies For Improvement. Patrick Mahomes is a Kansas City native who has purchased a small minority stake in the team. Even a 1% ownership stake would cost him about $10 million. The younger Mahomes was also a baseball prospect in his younger days. "I'm honored to become a part owner of the Kansas City Royals," Mahomes said in a statement. After signing that mammoth contract $450 million contract extension in 2020, Mahomes made a series of investments in both local and national franchises. According to Forbes, the franchise was valued at roughly a billion dollars back then. 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. Along came HyperIce, a recovery and performance technology brand affiliated with global stars like Ja Morant, Naomi Osaka and Amanda Nunes. According to a statement issued by the Kansas City Chiefs, quarterback Patrick Mahomes is a member of the teams ownership group. Copyright 2023 Sporting News Holdings Limited. Sherman further highlighted Mahomes roots in baseball by highlighting how his father, Pat Mahomes, played 11 seasons in MLB. Earlier this month, Mahomes signed a 10-year extension with the Chiefs that ties him to Kansas City through the 2031 season. 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. In this article, we will list down all the sporting investments made by the Kansas City quarterback. Suresh Menon is an NFL and Football writer at EssentiallySports. Congratulations! Patrick Mahomes also released a statement expressing his gratitude and excitement at being a part-owner of the team. He owns a 1% stake in Major League Baseball's Kansas City Royals, which has an estimated value of $12 million, according to Sportico.. He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. "Patrick Mahomes YOU THE BEST #momcar.". Mahomes grew up playing both football and baseball, and recently signed the richest football contract in North American history. (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. So it's little surprise that he also invested into private jet provider AirShare. While this is certainly a tough ask, if there is anyone who can do that, it certainly is Patrick Mahomes! According to Work+Money, Mahomes and Matthews spent around $400,000 renovating the house, situated inthe city's Mission Hills neighborhood. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. ", MORE:Patrick Mahomes' family tree: Meet the Chiefs QB's wife Brittany, brother Jackson, parents & kids. 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. That's not bad for a 27-year-old, one whose value seems boundless given his various business. Mahomes' net worth is currently estimated to be around $30 million. Patrick Mahomes has owned the Chargers defense, the Texans defense, and the 49ers defense. Email address Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. No products in the cart. MORE:How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries. It's fair to say he made the right choice by playing football. That's not bad for a 27-year-old, one whose value seems boundless given his various business. He can sling passes during the day with his team and then hit up his box at night for Royals games. Go @Royals!! While Mahomes is most well known for throwing touchdown passes, he also has history with baseball. The 24-year old becomes becomes the youngest sports owner in history. The signing of Patrick Mahomes, who is one of the most talented young quarterbacks in the league, is a significant coup for the club. 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. Heres What We Know about Brittany Matthews. Top editors give you the stories you want delivered right to your inbox each weekday. The Royals have added some Kansas City royalty to their franchise. 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