This includes his Kansas City Chiefs contract from which he was earning only $555,000 a. Why did Mr. Narendra Modi buy the property? The Kansas City Chiefs quarterback has a ten-year contract worth an eye-watering $503 million. The car was thought to be a Lamborghini Urus a super-powered SUV that costs around $230,000. Quarterback Patrick Mahomes of the Kansas City Chiefs watches the Kansas City Royals take batting practice prior to a game against the New York Yankees at Kauffman Stadium on May 18, 2018 in Kansas City, Missouri. Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. joined the team as part of the ownership group. Odds & lines subject to change. During his career, Eli Manning set a league record for career earnings with $252 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. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". 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. The Detroit Tigers drafted him in 2014, though he never played for them. having signed a four-year,$670 million deal with the Spanish giant in 2017. on the same day he received his Super Bowl ring. Brittany, Patrick Mahomes fiance, owns a stake in Kansas Citys National Womens Soccer team. 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. Im honored to become a part owner of the Kansas City Royals, Mahomes said in a statement. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. Kansas City Royals worth: Reigning Super Bowl MVP Patrick Mahomes just became the part-owner of the MLB franchise. Packers running back Aaron Rodgers is one of the most well-known NFL players, and he has endorsements with State Farm, Nike, and Gatorade. 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. He is the quarterback for the Kansas City Chiefs. 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. He signed a 10-year, up-to-$503 million contract extension earlier this month, the richest in sports history. But with this latest move, he'll still have an opportunity to make some noise on a baseball field. Visit Insider's homepage for more stories. Mahomes' net worth is currently estimated to be around $30 million. NFL player Brandon Copeland on his 'Life 101' class, reaching out to players, Patrick Mahomes' agent on the making of a household name. 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. 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). 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. Burger stands. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. Earlier his month, Patrick Mahomes became the first North Americanathlete to rake in a half-a-billion dollar deal after he signed a10-year, $503 million extensionwith Kansas City Chiefs. Who do you think is the new owner of the Kansas City baseball team? 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. Congratulations! Mahomes capped off the month by. Mahomes is believed to have put $10 million into the Royals. Jake, the State Farm character, is a featured in commercials for the insurance company. Despite this, it is likely that the extension of McCaffreys contract will be voided in the future because the pay ceiling for running backs has yet to be raised. In addition, hes thrown for over 30,000 yards and 291 touchdown passes. Patrick Mahomes has arguably been one of the best quarterbacks in the NFL ever since the Kansas City Chiefs drafted him in 2017. Access your favorite topics in a personalized feed while you're on the go. 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. Meanwhile, his wife, Brittany Mahomes (nee Matthews), also owns the NWSL franchise, Kansas City Current. Whataburger is a German treat. TMZ.com. Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field.. He has been a huge supporter behind-the-scenes. Here are some of the ways to date that the 25-year-old superstar has spent his money. A post shared by Patrick Mahomes II (@patrickmahomes) on Apr 9, 2020 at 1:53pm PDT. on: function(evt, cb) { While franchise values have increased annually, even a doubling of his ownership isnt going to be a financial boom for him. pursuing BMM from St Xavier's College with his specialization in Advertising. These are all brand ambassador roles and carry a bit more headline value than operational value. He would had to have purchased his share either through one current owner or multiple owners given up a smaller percentage. I guess Mahomes needed a place to invest his millions, and he chose to do it in an MLB team. As the holder of the biggest contract in NFL history, Patrick Mahomes is, among other things, filthy rich. window.mc4wp = window.mc4wp || { All Rights Reserved. Based on the current valuation, acquiring as little as 1% of the team should cost the quarterback over $10 million. 0; Home; TRACK MY ORDER; VALENTINE'S DAY; WOMEN'S DAY watch a Juve match live. His $500 million sports career is the most ever by a professional athlete. As of 2019, he has established his foundation 15 and the Mahomies, both of which are dedicated to improving the lives of children. This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. 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. A Division of NBCUniversal. 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. Mahomes has since added some other sporting sides to his repertoire, joining Sporting Kansas City's ownership group in 2021. (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. Copyright 2023 Sporting News Holdings Limited. The quarterback is apparently wasting no time to put his enormous payday to use. callback: cb To learn more or opt-out, read our Cookie Policy. put pen-to-paper on a 10-year contract worth an eye-watering $503 million. By the end of his career, Drew Brees had made 245 million dollars, making him the NFLs all-time money leader. All Rights Reserved. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. Pat Mahomes has led his Kansas City Chiefs to a 10-2 record this year, which is the best in franchise history. The Royals are currently estimated to have a worth of $1.025 billion by Forbes. Data is a real-time snapshot *Data is delayed at least 15 minutes. Your effort and contribution in providing this feedback is much The portion that he owns has not been disclosed, but it is likely a very small portion. pic.twitter.com/TmTsqIV9QE, "We are so thrilled to make this a family affair and have Patrick join as an owner, Brittany Mahomes said in a statement. Mahomes becomes the first African American to own a majority stake in a Major League Baseball team. He also won the NFL MVP in 2018. 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. That brings its perks. Mahomes also owns part of the Kansas City Royals. He completed 303 of his 439 passes for 303 yards, four touchdown passes, and one interception. This helped him become the first-ever North American athlete to rake in a half-a-billion-dollar deal. Is it possible that Patrick Mahomes is intentionally making fun of his fans? But with this latest move, he'll still have an opportunity to make some noise on a baseball field. Although Mahomes's role will be more ambassador than operational, it's still a nice addition to his resume. Patrick Mahomes is expected to throw for 5,052 yards, 52 touchdown passes, and 12 picks in 2019. He owns a 1% stake in Major League Baseball's Kansas City Royals, which has an estimated value of $12 million, according to Sportico.. BioSteel, Adidas, Oakley, Head and Shoulders, State Farm, Bose, DirecTV, Essentia Water, and Electronic Arts are among the companies that have endorsed our brand. When the Super Bowl LIV MVP purchased the Kansas City Royals almost a year ago, he became the teams majority owner. Also Read |Holland Fans Side In 10th, Royals Trim Indians 3-2. CNN Sans & 2016 Cable News Network. 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. 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. Mahomes father was an MLB pitcher between 1992 and 2003, while Mahomes himself played the sport at college for one season in 2015. 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 . Sign up for free newsletters and get more CNBC delivered to your inbox. 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. In January, Mahomes surprised his Matthews with a brand new Lamborghini for no apparent reason. 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. Stay up to date with what you want to know. Mahomes was named the NFL MVP and Offensive Player of the Year. Mahomes grew up playing both football and baseball, and recently signed the richest football contract in North American history. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. 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. New Seahawks' safety Jamal Adams, actor Eric Stonestreet, NWSL starChestley Strother and others reacted too -, This is Legendary brotha. 7/28/2020 9:34 AM PT. Later that summer, the couple, alongside a number of Mahomes' teammates and their partners, visited the Turks and Caicos Islands, where they all enjoyeddeep-sea fishing, golf, and riding horses in the ocean, according to The Kansas City Star. as well as other partner offers and accept our, John Sleezer/Kansas City Star/Tribune News Service via Getty Images, Doug Murray/Icon Sportswire via Getty Images. Mahomes has also won the NFL MVP award twice, in 2018 and 2019. The purchase of this minority stake in the Major League Baseball team made Mahomes the youngest part-owner in baseball history. Patrick Mahomes, who won the Super Bowl LIV in 2017, has joined the ownership group of Major League Soccers (MLS) parent company. Patrick Mahomes business ownership: Chiefs QB counts Whataburger, Royals, Sporting KC among investments, How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries, Patrick Mahomes' family tree: Meet the Chiefs QB's wife Brittany, brother Jackson, parents & kids. The MLS club is currently valued at $550 million and brings in over $45 million in revenue during a typical, non-pandemic year. as well as other partner offers and accept our. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. *br> *br> TypePrivateRevenue$2.698 billion Which actor is the owner of whataburger? Chiefs QB Patrick Mahomes looked for ways to get involved in baseball other than as a player. Theyre owned by the Whataburger restaurant chain, which includes Kansas City Chiefs star quarterback Patrick Mahomes. 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. } Harmon Dobson and Paul Burton opened the first restaurant for the company in Corpus Christi, Texas, in 1950. Patrick Mahomes has a 10-year contract that could be worth $500 million. 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. I love this city and the people of this great town," Mahomes said in a statement. In just his second season, Mahomes led the Chiefs to a 12-4 record and a berth in the AFC Championship game. Kansas City Royals soon announced the news via a statement released on Tuesday. Because of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. Even purchasing 1 percent of the Royals, assuming Mahomes didnt buy at a lower post-money valuation than the other investors paid, would cost the Chiefs quarterback around $10 million which is a significant outlay for someone who has made slightly more than $13 million over his brief playing career, not including endorsements. #AlwaysRoyal https://t.co/CDApf9wejT, Patrick Mahomes II (@PatrickMahomes) July 28, 2020. City services include health care, financial services, and technology. "I love this city and the people of this great town,". 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. Ewing Kauffman established the franchise in 1967. Mahomes asked long-term girlfriend Brittany Matthews to marry him last September on the same day he received his Super Bowl ring. And his fiancee, Brittany Matthews, is part-owner of the KC NWSL women's pro soccer club. 2023 Celebrity Net Worth / All Rights Reserved. He completed 12 of his 16 passes for 185 yards and two scores, and the Chiefs held a 16 point lead at the half. 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 . Since being drafted in the first round of the 2017 NFL Draft, Kansas City Chiefs quarterback Patrick Mahomes has taken the league by storm. })(); 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. Mahomes has also been named to five Pro Bowls, which is quite the achievement in and of itself. It carries a valuation of over $3 billion. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. @Royals https://t.co/UNhl53mY0u pic.twitter.com/jOAOa22GPQ, Also Read |Royals Slug 6 HRs In 14-6 Win Over Tigers. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. While this is certainly a tough ask, if there is anyone who can do that, it certainly is Patrick Mahomes! Email address 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. This is an annual salary of approximately $45 million. According to Celebrity Net Worth, Patrick Mahomes' net worth is approximately valued to be $40 million. He is also known for his flashy lifestyle, which extends beyond his on-field success. 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