In just three seasons, Patrick Mahomes has become the king of Kansas City and this week the Chiefs quarterback added another crown to his collection, as a new partial owner stake in the Kansas City Royals.
Fresh off of leading the Kansas City Chiefs to their first Super Bowl victory in 50 years and signing the largest contract in professional sports history – 10 years, $500 million with bonuses – the 24-year-old can now add Major League Baseball owner to his extensive resume. While the Royals didn’t specify just how much stake he took in the team, it will make Mahomes the youngest partial owner in sports history. But baseball runs deep for Mahomes, who has followed the game for much of his life.
His father, Pat, was a Major League pitcher for 11 seasons, from 1992-2003, spending time with the Minnesota Twins, Boston Red Sox, New York Mets, Texas Rangers, Chicago Cubs and Pittsburgh Pirates. Mahomes also played baseball during his time at Texas Tech, up until his sophomore year, before he elected to focus on football – a move that would prove ultimately to be history-making.
“We are very proud and excited to have Patrick as our partner in the ownership group of this franchise,” John Sherman, CEO and Principal owner of the Royals, said in a statement.
The second lowest valued MLB franchise, just above the Miami Marlins, the Royals are worth just over $1 billion, according to Forbes. But the team has not advanced to the postseason since 2015, when they beat the Mets in five games to secure the franchise’s second World Series championship. Mahomes might not be the only Kansas City Chiefs player becoming a partial owner these days, as it’s rumored tight end Travis Kelce is part of an investment group looking to purchase the Mets, who are actively seeking a buyer.
Don’t worry about Mahomes’ pocket, either. On top of his recent record-setting contract, he also has endorsement deals with Coca-Cola, Bose and State Farm, among others.