Miles has also appeared in commercials for other companies, including State Farm Insurance. *br> *br> TypePrivateRevenue$2.698 billion Which actor is the owner of whataburger? 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. But he's also purchased some serious stock in Whataburger, the Texas-based fast food restaurant that specializes in burgers and fries. "I'm honored to become a part-owner of the Kansas City Royals," Mahomes said in a statement. callback: cb 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. The citys economy as a whole is also heavily reliant on tourism. As the youngest owner in Major League Baseball history, he becomes the youngest owner at the age of 24. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. @Royals https://t.co/UNhl53mY0u pic.twitter.com/jOAOa22GPQ, Also Read |Royals Slug 6 HRs In 14-6 Win Over Tigers. There is no denying that Patrick Mahomes is a rising star in the NFL. Kansas City has many world-renowned museums, including the Museum of Fine Arts, Kansas City Zoo, and Truman Presidential Library. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. Go @Royals!! "I'm honored to become a part owner of the Kansas City Royals," Mahomes. "We. watch a Juve match live. The group, which purchased the Royals from the late David Glass for $1 billion last fall, is led by local businessman John Sherman and includes a group of over 20 investors with local ties, including entertainer Eric Stonestreet. a super-powered SUV that costs around $230,000. Ahead of last year's election, Mahomes helped turn the Chiefs stadium into aplace where Kansas City residents could vote. 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. Those partners may have their own information they've collected about you. Well, outside of being two of the best players in their respective sports and pillars of their local communities, they also share business ties. Mahomes' net worth is currently estimated to be around $30 million. Discovery Company. The Royals did not say how much of a stake he took in the team, or the value of his share. The Detroit Tigers drafted him in 2014, though he never played for them. Mahomes also owns part of the Kansas City Royals. Its easy to see why Kansas Citys history is so intertwined with that of Kansas City. The 24-year-old was sold to a group led by David Glass for $1 billion. Sherman has served in the United States Army. Whatcha think @PatrickMahomes ? And with his winning attitude and superb skills on the field, theres no doubt that he will be a successful owner as well. This helped him become the first-ever North American athlete to rake in a half-a-billion-dollar deal. "We are very proud and excited to have Patrick as our partner in the ownership group of this franchise, Chairman, CEO and principal ownerJohn Sherman said in the pressrelease. Mahomes joined the HyperIce team in 2020. "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. Because of the fact that billionaires are frequently team owners, they may not require a private plane to travel. At Texas Tech where he attended college, Mahomes played both football and baseball until his sophomore year, when he decided to focus on football. If he were to see out the entirety of his 10-year extension, however, Mahomes would net$491 millionfrom salary alone. He wins a Super Bowl, becomes the highest paid player in league history and now owns part of an MLB team. He signed a 10-year, up-to-$503 million contract extension earlier this month, the richest in sports history. Mahomes has also won the NFL MVP award twice, in 2018 and 2019. He can sling passes during the day with his team and then hit up his box at night for Royals games. As of right now, Patrick Mahomes owns 2% of the Royals. 2023 Cable News Network. Patrick Mahomes also released a statement expressing his gratitude and excitement at being a part-owner of the team. Is it possible that Patrick Mahomes is intentionally making fun of his fans? Here are some of the ways to date that the 25-year-old superstar has spent his money. The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. 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. } NFL running backs are one of the most valuable positions on the field, and two years after signing a record-breaking extension, it appears that the pay ceiling for running backs has yet to be raised. 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 . "We are very . In March of this year, the fast food restaurant chain plans to open four locations in the greater Charlotte area. Patrick Mahomes is a Kansas City native who has purchased a small minority stake in the team. Sterling Skye, his daughter with fiance Brittany Matthews, was born in February. The Kansas City Royals announced on Tuesday that Patrick Mahomes has joined their ownership group. Im starting to think he might be superhuman. A big reason why is his commitment to getting proper treatment postgame. He is also known for his athleticism, running a 4.8-second 40-yard dash at the NFL Scouting Combine. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The 24-year-old was sold to a group led by David Glass for $1 billion. Having signed a ten-year, over US$500. Patrick Mahomes has arguably been one of the best quarterbacks in the NFL ever since the Kansas City Chiefs drafted him in 2017. CNN Sans & 2016 Cable News Network. 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. Well, that's real capital. Up until this point in his career, Mahomes has only earned a total of $13 million on the field. It carries a valuation of over $3 billion. Mahomes has stayed fairly healthy over the course of his career. "I love this city and the people of this great town. appreciated. Commercial flights have replaced traditional charter flights as the primary mode of transportation for NFL players. Welcome, @PatrickMahomes, to @MLS! Since being drafted in the first round of the 2017 NFL Draft, Kansas City Chiefs quarterback Patrick Mahomes has taken the league by storm. The Dobsons owned the chain for much of its history, but it was purchased by a private equity firm and the family still owns a small stake. Patrick Mahomes has joined the ownership group for the Kansas City Royals. 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. We want to hear from you. Seriously, is there anything this man cant do? In this article, we will list down all the sporting investments made by the Kansas City quarterback. Sign up for free newsletters and get more CNBC delivered to your inbox. Full Spectrum Services LLP 2022 | All Rights Reserved. Patrick Mahomes is the king of Kansas City -- the Chiefs superstar is now a part-owner of the Royals, the team announced Tuesday. He looked into the end zone for Sammy Watkins first, then Travis Kelce, and finally Kareem Hunt at the end. The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. NOW WATCH: Danica Patrick on getting into shape, dealing with negative thoughts, and more. 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. Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field.. You could also argue that Mahomes is attempting to appear wealthy. Packers running back Aaron Rodgers is one of the most well-known NFL players, and he has endorsements with State Farm, Nike, and Gatorade. @ JayCat11. 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. 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. Mahomes has aligned himself with numerous blue-chip brands over the course of his career, including State Farm and Head and Shoulders. Mahomes joins a list of superstar athletes that have stakes in teams from other sports. pic.twitter.com/9lzODUUpVA. A post shared by Patrick Mahomes II (@patrickmahomes) on Apr 9, 2020 at 1:53pm PDT. Baseball is a sport that is struggling to attract young fans, and Mahomes could be the perfect ambassador. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. "I'm honored to become a part owner of the Kansas City Royals," Mahomes said in a statement. Burger stands. To learn more or opt-out, read our Cookie Policy. City services include health care, financial services, and technology. Soccer Star, Fitness Enthusiast, and Patrick Mahomes Number One Supporter- Based on the current valuation, acquiring as little as 1% of the team should cost the quarterback over $10 million. Largely decorative legislation is seemingly the only chance Democrats have to . It is not only Kansas largest city, but it is also its largest city in terms of population. Patrick Mahomesis the second highest paid athlete in world sport. Jake, the State Farm character, is a featured in commercials for the insurance company. Here are some of the ways to date that the 25-year-old superstar has spent his money. The. Mahomes has become the newest part owner of MLB's Kansas City Royals, according to a statement from the Royals. Chiefs QB Patrick Mahomes just signed a contract extension with the team that is said to be the most lucrative deal in sports history. Patrick Mahomes will be a Kansas City Chiefs player for the next ten years, with a contract worth 450 million dollars. Patrick Mahomes joins Royals ownership group, Royals Rumblings - News for March 1, 2023. Super Bowl Champion. TMZ.com. The Royals are valued at just over $1 billion, according to Forbes. @NWSL team next? } "Patrick Mahomes YOU THE BEST #momcar.". The 24-year old becomes becomes the youngest sports owner in history. I am thankful for the chance to join @brittanylynne as part of the @thekccurrent ownership team. The investment should be a pretty sound one as the value of sports franchises continues to rise. Patrick Mahomes, the Kansas City Chiefs starting quarterback, owns and operates the first Whataburger, which is set to open in the coming weeks. After signing that mammoth contract $450 million contract extension in 2020, Mahomes made a series of investments in both local and national franchises. After making NFL history, Kansas City Chiefs quarterback Patrick Mahomes made some in MLB, too. Did you encounter any technical issues? He grew up attending Royals games and has said that he wants to be a part of the teams future success. As of 2019, he has established his foundation 15 and the Mahomies, both of which are dedicated to improving the lives of children. He also won the NFL MVP in 2018. It is a rich and diverse city with a rich history and culture, as well as a plethora of excellent museums and attractions. The Kansas City Royals have announced that Mahomes will participate in spring training with the team. "I love this city and the people of this great town. Earlier this month, Mahomes inked a 10-year contract extension with the Chiefs that is expected to be the richest player deal in history, worth up to $503 million. Mahomes' baseball path begins with his dad, also named Pat Mahomes. (function() { Tigers' Bullpen Sharp In 4-3 Win Over Royals, Royals Sign Matt Harvey To Minor League Deal, Royals Slug 6 HRs In 14-6 Win Over Tigers, Holland Fans Side In 10th, Royals Trim Indians 3-2. He bought into the team in 2019, and has said that hes a huge fan of the team and the city. 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. Expect that number to rise in the coming few years. In 2017, the Kansas City Chiefs selected Patrick Mahomes, a quarterback, with the 10th overall pick. listeners: [], 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. According to Celebrity Net Worth, Patrick Mahomes' net worth is approximately valued to be $40 million. pursuing BMM from St Xavier's College with his specialization in Advertising. The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. Access your favorite topics in a personalized feed while you're on the go. 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. Mahomes should know. League sources told ESPN's Adam Schefter that the deal is worth $450 . Be it helping Texas Tech to reach a wider audience by striking a marketing alliance with Kansas City Chiefs or being a stakeholder in Kansas City Royals baseball team, the Texas Tech Raiders alumni has always given his all on and off the field. This is a great move by the Royals. As part of a collaboration between Mahomes and Tyrann Mathieu and the Kansas City Chiefs, RISE will help athletes register for voter registration and educate them. Mahomes has since added some other sporting sides to his repertoire, joining Sporting Kansas City's ownership group in 2021. Not only is he a Texas native. 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. The Kansas City Chiefs quarterback won a Super Bowl in February. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball minority owner. Visit Insider's homepage for more stories. The younger Mahomes was also a baseball prospect in his younger days. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. Mahomes Jr. was reportedly even drafted byDetroit Tigers in the 2014 MLBAmateur Draft before he opted to make his career in the NFL instead. Then, in July, he signed a record-setting $450 million contract extension, which could be worth up to $503 million. 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. Patrick Mahomes is an American football player who plays as a quarterback for the Kansas City Chiefs of the National Football League (NFL). Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. Top editors give you the stories you want delivered right to your inbox each weekday. In January, Mahomes surprised his Matthews with a brand new Lamborghini for no apparent reason. Mahomes isnt buying a stake as an investment in reality. The Kansas City Chiefs quarterback has a ten-year contract worth an eye-watering $503 million. Mahomes has also been named to five Pro Bowls, which is quite the achievement in and of itself. Patricks father, Patrick, Sr., played in Major League Baseball for 11 seasons, the last six with the Texas Rangers. 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. And now the newest member of the @SportingKC ownership group! In September 2020, the Kansas City Chiefs quarterback put pen-to-paper on a 10-year contract worth an eye-watering $503 million. He owns a 1% stake in Major League Baseball's Kansas City Royals, which has an estimated value of $12 million, according to Sportico.. Jessy is an avid baseball fan and writer for the popular website, Baseball Writes. #AlwaysRoyal https://t.co/CDApf9wejT, Patrick Mahomes II (@PatrickMahomes) July 28, 2020. Odds & lines subject to change. Top editors give you the stories you want delivered right to your inbox each weekday. The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. John Sherman, the owner of the Kansas City Royals, currently owns the team. Imagine being an NFL superstar and owning an MLB team. That brings its perks. 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. She and the Longs have done an incredible job building a world-class organization and I am excited to join another championship-caliber club as it continues to make history. Pat Mahomes has led his Kansas City Chiefs to a 10-2 record this year, which is the best in franchise history. Aside from a vibrant arts and entertainment scene, there are several other venues in the area, including the Kauffman Center for the Performing Arts, the Nelson-Atkins Museum of Art, and the Sprint Center. Patrick Mahomes is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). The MLS club is currently valued at $550 million and brings in over $45 million in revenue during a typical, non-pandemic year. Ewing Kauffman established the franchise in 1967. Details surroundingMahomes' stake in the MLB franchise remain sparse. Here you'll find information on the game of baseball, from the rules to the history. Because of his services, the Chiefs should pay him a fair salary. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. Pat played for several Major League Baseball teams between 1992 and 2003. "This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. There is a significant amount of economic activity in Kansas City. Access your favorite topics in a personalized feed while you're on the go. put pen-to-paper on a 10-year contract worth an eye-watering $503 million. 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. When Patrick was born in 1995, his dad was finishing up his fourth season as a pitcher for the Twins. It's been a fantastic year for Patrick Mahomes. His father, Pat Mahomes, was also a MLB pitcher for 11 seasons. He established NFL records for most touchdown passes in the first three games of his career. These are all brand ambassador roles and carry a bit more headline value than operational value. The Chiefs quarterback has bought into a bevy of firms, from food chains to sporting franchises. Mahomes becomes the most popular owner in all of sports. CNNs Kevin Dotson contributed to this story. 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 star quarterback also has a wide portfolio of endorsement deals that includes: Adidas, Bose,Coca-Cola, State Farm and many others. becomes the youngest sports owner in history. It is also a good sign that he is putting his roots down in the community and fully embracing the city. 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