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    Patrick Mahomes’ business ownership: Chiefs QB names Whataburger, Royals, Sporting KC as investments

    shivachetanbijjal@gmail.comBy shivachetanbijjal@gmail.comJanuary 29, 2023No Comments5 Mins Read
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    As the holder of the largest contract in NFL history, Patrick Mahomes is a very rich man.

    This brings benefits. During his career, Mahomes has partnered with numerous blue-chip brands, including State Farm and Head and Shoulders.

    Brand deals are one thing, but what about owning a stake in a brand? Well, this is the real capital.

    Mahomes have many.

    MORE: Patrick Mahomes contract details

    The Chiefs quarterback has bought up companies ranging from food chains to sports franchises. It has paid substantial dividends.

    What businesses does Patrick Mahomes own?

    After signing a massive $450 million contract extension in 2020, Mahomes has made a string of investments in local and national franchises. Here are some of the most prominent:

    hamburger

    Few things represent the Lone Star State quite like a good burger. Mahomes should know. He’s not just a Texan. But he also bought some significant stock in Whataburger, a Texas-based fast food restaurant that specializes in burgers and fries. While it’s unclear how much Mahomes invested in the company, it does appear to have had an impact: The company plans to open 30 locations in the Kansas City area by 2027.

    kansas city royals

    As the son of a former MLB player, baseball has always been in Mahomes’ DNA. While he didn’t quite follow in his father Pat’s footsteps, he did maintain a strong interest in the game — so much so that he bought a minority stake in his adopted hometown’s MLB team in 2020.

    Welcome to #Royal member family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl

    – Kansas City Royals (@Royals) July 28, 2020

    “I am honored to be part owner of the Kansas City Royals. I love this city and the people of this great town,” Mahomes said in a statement. “This opportunity allows me to deepen my roots in this community, something I’m very happy to do.

    Mahomes is believed to have committed $10 million to the Royals. It’s a way to solidify your connection to the community.

    MORE: Joe Burrow vs. Patrick Mahomes vs. Tom Brady vs. Peyton Manning and others

    Sports KC

    Mahomes has since added several other athletic aspects to his repertoire, joining the Athletic Kansas City ownership group in 2021. Nothing has been accomplished by the MLS club since Mahomes took a stake. However, with a fairly new stadium and a fan base known for their enthusiastic support, don’t be surprised if SKC climb to the top of the league sooner rather than later.

    Kansas City Current

    Mahomes isn’t the only one in his family throwing bread to help local sports teams. In fact, his wife Brittany — a former college and professional football player — became part owner of the NWSL’s expanded Kansas City franchise in 2021.

    Mahomes was quick to support the club and joined the team’s ownership group in January 2023. In doing so, he became an active NFL player with an equity stake in an NWSL team.

    I appreciate the opportunity to join @brittalylynne as part of @thekccurrent Ownership team. She and the Long Team have done a fantastic job of building a world-class organization and I am delighted to be joining another championship-caliber club as it continues to make history. pic.twitter.com/TmTsqIV9QE

    —Patrick Mahomes II (@PatrickMahomes) January 10, 2023

    “We’re excited to make this a family affair and have Patrick on board as owner,” Brittany Mahomes said in a statement. “He has been a huge support behind the scenes .His passion for Current is undeniable and I’m delighted to have him with us as we continue to be the best player in the NWSL.”

    MORE: Patrick Mahomes’ family tree: Meet Chiefs QB’s wife Brittany, Jackson brothers, parents and kids

    shared aviation

    Mahomes is an expert in air supremacy. So it’s no surprise that he’s also invested in private jet provider AirShare. The partnership has given Mahomes plenty of breathing room, giving him access to a private jet at his leisure.

    super ice

    As a professional athlete, there is nothing more important than recovery. Mahomes has remained fairly healthy throughout his career. A big reason is his commitment to proper treatment after the game.

    So Mahomes makes sure to devote his bags to the things he loves. With it came HyperIce, a recovery and performance tech brand that collaborates with global stars like Ja Morant, Naomi Osaka and Amanda Nunes. Mahomes joined the HyperIce team in 2020. The company is currently valued at $700 million.

    shout

    What do Patrick Mahomes and Kevin Durant have in common? Well, in addition to being two of the best players in their respective sports and pillars of their local communities, they also share business ties. Mahomes and Durant are among a group of athletes investing in Whoop, a human performance company that makes fitness trackers. Its valuation exceeds $3 billion.

    Patrick Mahomes net worth

    According to Celebrity Net Worth, Mahomes’ net worth is $40 millionNot bad for a 27-year-old whose value seems limitless given the variety of businesses he owns and the flashiness of his contract. This number is expected to rise in the coming years.

    Patrick Mahomes career earnings

    According to Spotrac, Mahomes collected a hair $75 million So far in his career.However, if he is to see the full extent of his 10-year extension, Mahomes will net $491 million From salary alone. That’s a lot of zeros until you get his endorsements and investments.



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