how much does patrick mahomes own of the royals

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Expect that number to rise in the coming few years. Earlier this month, Mahomes signed a 10-year extension with the Chiefs that brought the value of his 12-year contact to as much as $503 million. Mahomes, who grew up in the Kansas City area, said he is excited and humbled to be a part of the Royals organization. Well, outside of being two of the best players in their respective sports and pillars of their local communities, they also share business ties. After signing that mammoth contract $450 million contract extension in 2020, Mahomes made a series of investments in both local and national franchises. He is the quarterback for the Kansas City Chiefs. These are all brand ambassador roles and carry a bit more headline value than operational value. Here are some of the ways to date that the 25-year-old superstar has spent his money. 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. The Chiefs QB also joined the team as part of the 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. Go @Royals!! Did you encounter any technical issues? "This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. @Royals https://t.co/UNhl53mY0u pic.twitter.com/jOAOa22GPQ, Also Read |Royals Slug 6 HRs In 14-6 Win Over Tigers. Your effort and contribution in providing this feedback is much Juventus is his favorite soccer club and he one day plans to go to Italy and Although Mahomes's role will be more ambassador than operational, it's still a nice addition to his resume. In this article, we will list down all the sporting investments made by the Kansas City quarterback. The Kansas City Chiefs quarterback has a ten-year contract worth an eye-watering $503 million. 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. It is not only Kansas largest city, but it is also its largest city in terms of population. He has a net worth of $40 million and is one of the wealthiest people in the world. We also offer a variety of resources for baseball players, including tips on hitting, pitching, and fielding. 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. Mahomes is also investing in businesses around Kansas City. A post shared by Patrick Mahomes II (@patrickmahomes). The quarterback is fresh off signing a 10-year contract with the Chiefs that could be worth up to $503 million. 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. The Story Behind Patrick Mahomes Iconic Hairstyle AKA The Mahomes. And his fiancee, Brittany Matthews, is part-owner of the KC NWSL women's pro soccer club. Which Whataburger does Mahomes own? Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. Mahomes has aligned himself with numerous blue-chip brands over the course of his career, including State Farm and Head and Shoulders. "We are very . 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. @NWSL team next? The 24-year-old was sold to a group led by David Glass for $1 billion. Patrick Mahomes is a Kansas City native who has purchased a small minority stake in the team. 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. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl. The 24-year old becomes becomes the youngest sports owner in history. He has been a huge supporter behind-the-scenes. Patrick Mahomes, the reigning NFL MVP, is the new owner of the Kansas City Royals baseball team. He signed a 10-year, $503 million extension with Kansas City Chiefs. Go @Royals!! Sporting is a community-oriented club, and I am excited to continue supporting the growth of soccer in Kansas City.. In 2021, Mahomes purchased a minority stake in the Kansas City Royals, becoming the youngest principal owner in MLB history. His play was nothing short of spectacular, as he threw for over 5,000 yards and 50 touchdowns. It hasn't been reported how much of an investment Mahomes made. Patrick Mahomes has a 10-year contract that could be worth $500 million. NOW WATCH: Danica Patrick on getting into shape, dealing with negative thoughts, and more. Based on the current valuation, acquiring as little as 1% of the team should cost the quarterback over $10 million. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball. According to Life&Style magazine, the engagement ring Mahomes gave Matthews was worth between "$350,000 and $800,000.". Not only is he a Texas native. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. "We. https://twitter.com/LRiddickESPN/status/1288170131311525888. I love this city and the people of this great town," Mahomes said in a statement. https://t.co/I3ItyS5CO0, . 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. Mahomes has become the newest part owner of MLBs Kansas City Royals, according to a statement from the Royals. Jason Catania. Top editors give you the stories you want delivered right to your inbox each weekday. Mahomes is believed to have put $10 million into the Royals. Mahomes has also won the NFL MVP award twice, in 2018 and 2019. As the Royals rebuild their roster with young talent, Mahomes will be there to help them achieve their goals. Just weeks after inking a 10-year . As such, Mahomes made sure to throw his bag into something he feels passionate in. (function() { All Rights Reserved. The value of almost every individual. 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. < Kansas City Royals worth: How much of the Royals does Patrick Mahomes own? Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field.. 4:13 PM EDT, Tue July 28, 2020. Access your favorite topics in a personalized feed while you're on the go. The younger Mahomes was also a baseball prospect in his younger days. Kansas City has many world-renowned museums, including the Museum of Fine Arts, Kansas City Zoo, and Truman Presidential Library. BioSteel, Adidas, Oakley, Head and Shoulders, State Farm, Bose, DirecTV, Essentia Water, and Electronic Arts are among the companies that have endorsed our brand. I love this city and the people of this great town. 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. The quarterback is the youngest player in the leagues history to win both the NFL and Super Bowl MVP. He completed 12 of his 16 passes for 185 yards and two scores, and the Chiefs held a 16 point lead at the half. Commercial flights have replaced traditional charter flights as the primary mode of transportation for NFL players. After adding a baseball and soccer franchise to his sports investment collection, Patrick Mahomes wants to bring the NBA to Kansas. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. "I love this city and the people of this great town. Mahomes recently bought a very expensive Ferrari 812 Superfast, which is a true racing car. Yes , Patrick Mahomes became a co-owner of the Kansas City Royals in July 2020 at only 24 years old. Mahomes isn't the only one in his family to toss some bread to help a local sports team. He isnt part of the leagues 30 owners, and he appears to be unconcerned about it. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. The NFL has been known to fly its players on private planes, but this is not the norm. NFL MVP. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. So it's little surprise that he also invested into private jet provider AirShare. The Kansas City Chiefs quarterback has a ten-year contract. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball minority owner. 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. "I love this city and the people of this great town. He is also known for his athleticism, running a 4.8-second 40-yard dash at the NFL Scouting Combine. Kansas City, Missouri, is an ideal place to call home. On top of Mahomes' bumper contract, he also boasts brand deals with Adidas, Oakley,BioSteel Sports Nutrition, and ketchup brand Hunt's,among others. Mahomes has stayed fairly healthy over the course of his career. The Chiefs quarterback has bought into a bevy of firms, from food chains to sporting franchises. Also Read | Holland Fans Side In 10th, Royals Trim Indians 3-2 (Image Credits: AP, Royals Twitter Handle) COMMENT SUBSCRIBE TO US While it is not common for active players to have ownership stakes in other teams, Mahomes is not the only one. 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. On and off the field, Patrick Mahomes is truly one of the most dominant players in the NFL. 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. Christian McCaffrey, the Carolina Panthers all-time leading run-back, signed a $64 million extension in 2018. Patrick Mahomes announced he took a minority stake in the Kansas City Royals on Tuesday. Sherman and his wife Susie purchased the Royals from David Einhorn in 2013, and Sherman has been their owner ever since. I guess Mahomes needed a place to invest his millions, and he chose to do it in an MLB team. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. The Royals have added some Kansas City royalty to their franchise. Mahomes has become the newest part owner of MLB's Kansas City Royals, according to a statement from the Royals. Patrick Mahomes is the king of Kansas City -- the Chiefs superstar is now a part-owner of the Royals, the team announced Tuesday. He owns a 1% stake in Major League Baseball's Kansas City Royals, which has an estimated value of $12 million, according to Sportico.. Patricks father, Patrick, Sr., played in Major League Baseball for 11 seasons, the last six with the Texas Rangers. joined the team as part of the ownership group. listeners: [], Still, Mahomes signed a very long-term deal with the Chiefs and his small stake in the Royals further embeds him into Kansas City for the next decade or more to come. After making NFL history, Kansas City Chiefs quarterback Patrick Mahomes made some in MLB, too. Read on for more on Patrick Mahomes becoming a part-owner of the Kansas City Royals. It's fair to say he made the right choice by playing football. However, the. Mahomes should know. 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). The youngest owner in MLB history, Patrick Mahomes, purchased a 1% stake in the team. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. He has always expressed his love for the city he reps and has taken a lot of initiatives to do so. Their chairman and principal owner, John Sherman, spoke to the press after the announcement. "I'm honored to become a part owner of the Kansas City Royals," Mahomes said in a statement. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. He also won the NFL MVP in 2018. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. Who do you think is the new owner of the Kansas City baseball team? Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. Seriously, is there anything this man cant do? This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". Here is a lengthy list of the entire Royals ownership group, including one Eric Stonestreet: pic.twitter.com/dcIffTHAIE, Also Read |Royals Sign Matt Harvey To Minor League Deal. Submit a correction suggestion and help us fix it! Then, in July, he signed a record-setting, , which could be worth up to $503 million. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. A 10-year-old will have plenty of chances to watch her father play as he continues to excel in the game. By the end of his career, Drew Brees had made 245 million dollars, making him the NFLs all-time money leader. What do Patrick Mahomes and Kevin Durant have in common? The Kansas City Chiefs quarterback won a Super Bowl in February. Whataburger, a Texas-based restaurant chain, has over 2,000 locations in the United States. Even a 1% ownership stake would cost him about $10 million. "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. In July, a group led by Patrick Mahomes purchased an ownership stake in the Kansas City Wizards soccer club. The Royals are valued at just over $1 billion, according to Forbes. Why did Mr. Narendra Modi buy the property? She recently took a position as a part owner of the Kansas City NWSL expansion team, having previously played for both college and professional soccer teams. We are very proud and excited to have Patrick as our partner in the ownership group of this franchise. Since its inception, Mahomes has donated over $500,000 of his own money to various organizations working towards the charity's mission, according to Fox News. The Detroit Tigers drafted him in 2014, though he never played for them. Patrick Mahomes has arguably been one of the best quarterbacks in the NFL ever since the Kansas City Chiefs drafted him in 2017. MORE:How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries. As the quarterback of the Kansas City Chiefs, Patrick Mahomes has led his team to victory in some of the most high-profile games in recent memory. Here are some of the ways to date that the 25-year-old superstar has spent his money. The Kansas City Chiefs announced recently that Patrick Mahomes had signed a 10-year contract worth up to $503 million. Hence, the Super Bowl LIV MVP had to pay a hefty sum to become the part-owner of the American League team. By clicking Sign up, you agree to receive marketing emails from Insider Suresh Menon is an NFL and Football writer at EssentiallySports. Kansas City is home to the Major League Baseball club. Since being drafted in the first round of the 2017 NFL Draft, Kansas City Chiefs quarterback Patrick Mahomes has taken the league by storm. That's not bad for a 27-year-old, one whose value seems boundless given his various business. "I love this city and the people of this great town. 0; Home; TRACK MY ORDER; VALENTINE'S DAY; WOMEN'S DAY Also Read |Holland Fans Side In 10th, Royals Trim Indians 3-2. 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. After playing college football for Texas Tech University, he was drafted by the Chiefs in the first round of the 2017 NFL Draft. Hes averaged 96.9 points per game in those three wins, and hes outplayed them all three times. Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. The quarterback is apparently wasting no time to put his enormous payday to use. In fact, the day after his son was born, the elder Mahomes picked up the save after throwing 3 1/3 shutout innings against the Royals. 2. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. He would had to have purchased his share either through one current owner or multiple owners given up a smaller percentage. Is it possible that Patrick Mahomes is intentionally making fun of his fans? The Kansas City Royals announced Patrick Mahomes addition to their ownership group via social media, officially welcoming him to the organization. A big reason why is his commitment to getting proper treatment postgame. pic.twitter.com/02QhQKrAGs, Don Garber (@thesoccerdon) July 27, 2021, Commenting about adding Sporting Kansas City to his collection, Mahomes said, I am grateful for the opportunity to join Sporting Kansas Citys ownership team and strengthen my connection to the fans and the city I love. During road games, two private jets ferry players around the stadium. The Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. Mahomes grew up around the game of baseball, as the son of former MLB reliever Pat Mahomes. The Royals announced that Chiefs quarterback Patrick Mahomes has joined the ownership group. Mahomes, who grew up in Tyler, Texas, is a huge baseball fan. There is a significant amount of economic activity in Kansas City. Sherman has a unique position in this situation, and he might be able to exploit it. Imagine being an NFL superstar and owning an MLB team. Mahomes is the Chiefs starting quarterback, and has led the team to two consecutive AFC Championship games. Patrick Mahomes has joined the ownership group for the Kansas City Royals. Because of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. Mahomes isnt buying a stake as an investment in reality. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do. During his career, Eli Manning set a league record for career earnings with $252 million. But That Won't Be The Case For Long. Because of his services, the Chiefs should pay him a fair salary. The car was thought to be a Lamborghini Urus a super-powered SUV that costs around $230,000. Get this delivered to your inbox, and more info about our products and services. Because of the fact that billionaires are frequently team owners, they may not require a private plane to travel. Royals Rumblings - News for February 28, 2023, Royals vs. Guardians Tuesday spring training game thread, Making sense of Nicky Lopezs inexplicable 2021 season, The Royals early season schedule is toughmaybe. Pat played for several Major League Baseball teams between 1992 and 2003. John Sherman, the owner of the Kansas City Royals, currently owns the team. The source also added that Mahomes has attended at least 12 MLS matches at Childrens Mercy Park, and even led the I Believe chant prior to a 2018 playoff game.. Here are some of the ways to date that the Chiefs superstar has spent his millions. Stay up to date with what you want to know. Whatcha think @PatrickMahomes ? 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. As a result, other running backs in the NFL may be able to earn more money in the future. 7/28/2020 9:34 AM PT. That's not bad for a 27-year-old, one whose value seems boundless given his various business. Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field., Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl, Kansas City Royals (@Royals) July 28, 2020. Chiefs QB Patrick Mahomes just signed a contract extension with the team that is said to be the most lucrative deal in sports history. 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. pursuing BMM from St Xavier's College with his specialization in Advertising. 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. His father, Pat Mahomes, was also a MLB pitcher for 11 seasons. Fresh off his record-setting NFL contract, Kansas City Chiefs quarterback Patrick Mahomes is already putting his newfound wealth to use. On the season, Mahomes is completing 65 percent of his passes, averaging 297 yards per game against the Broncos. Mahomes' father, Pat, was also a pitcher in the majors for 11 seasons. watch a Juve match live. Top editors give you the stories you want delivered right to your inbox each weekday. Patrick Mahomes led the Chiefs back from a 10 point fourth quarter deficit, driving them for a game-winning drive late in the fourth quarter. And now the newest member of the @SportingKC ownership group! Having signed a ten-year, over US$500. 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. a super-powered SUV that costs around $230,000. The MLS club has yet to accomplish much of anything since Mahomes bought a stake. NFL player Brandon Copeland on his 'Life 101' class, reaching out to players, Patrick Mahomes' agent on the making of a household name. This includes his Kansas City Chiefs contract from which he was earning only $555,000 a. 2023 Celebrity Net Worth / All Rights Reserved. According to Work+Money, Mahomes and Matthews spent around $400,000 renovating the house, situated inthe city's Mission Hills neighborhood. becomes the youngest sports owner in history. Theres no doubt at all hes the man! There is also a possibility that once his playing days are over he may want to transition into a bigger role in running the club, as other former athletes like Derek Jeter and Magic Johnson have done. callback: cb According to Forbes, Rodgers endorsement of State Farm could earn him up to $3 million. After winning the Super Bowl in February 2020, Mahomes and Matthews took a luxury vacation to Cabo San Lucas. Sherman further highlighted Mahomes roots in baseball by highlighting how his father, Pat Mahomes, played 11 seasons in MLB. 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. But what many fans may not know is that Mahomes is also a part-owner of another professional team: the Kansas City Royals. "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. Patrick Mahomes may only be 25 years old, but he is already the second-highest-paid athlete in world sport. Mahomes, 24, became the youngest quarterback to win Super Bowl MVP in February. Injuries cause Royals to seek more outfield depth, The Royals could be adding to the outfield, over 20 investors with local ties, including entertainer Eric Stonestreet, signing a 10-year contract with the Chiefs. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do.". "Nothing like waking up at 8 am to a new car on Monday," Matthews wrote in an Instagram story at the time. Kansas City Royals owners Patrick Mahomes and John Sherman Owning a professional sports franchise is one of the most profitable businesses worldwide. Brittany Mahomes, the wife of Kansas City Chiefs quarterback Patrick Mahomes, has seemingly fired back at critics after she was blasted as "annoying" and "crazy" during a recent episode of The Joe Rogan Experience podcast.. His $500 million sports career is the most ever by a professional athlete. While Mahomes does not check the score at the first read, Alex Smith does. The company is currently valued at $700 million. Patrick Mahomes Net Worth (updated 2022) is estimated to be around $150 million. When the Super Bowl LIV MVP purchased the Kansas City Royals almost a year ago, he became the teams majority owner. Email address Ownership in the Royals isn't the only spending Mahomes has been doing, either. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals. Odds & lines subject to change. This is an annual salary of approximately $45 million. Including 2020 and 2021, Mahomes' total cash for the extension totals $477.63 million, which averages out to $39.8 million per year. We want to hear from you. "I love this city and the people of this great town. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. Mahomes joins a list of superstar athletes that have stakes in teams from other sports. Its cool to be able to say I own part of a sports team and celebrity ownership of franchises is a storied history that includes owners like Jay-Z (who owned less than 1 percent of the Brooklyn Nets), Jennifer Lopez and then husband Marc Anthony (unreported amount of the Miami Dolphins), Bill Maher (who at one pint owned 1-4% of the Mets), Justin Timberlake (Memphis Grizzlies), Will Smith (Philadelphia 76ers), and others. "I'm honoured to become a part-owner of the Kansas City Royals," Patrick Mahomes said in a statement. Mahomes and Durant are among a group of athletes invested in Whoop, a human performance company that makes fitness trackers. Launched in 2019, "15 and the Mahomies" is a charity that "is"dedicated to improving the lives of children" through "initiatives that focus on health, wellness, communities in need of resources and other charitable causes.". All Rights Reserved. } 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. As the youngest owner in Major League Baseball history, he becomes the youngest owner at the age of 24. The Kansas City Royals announced on Tuesday that Patrick Mahomes is the newestmember of the team's ownership group. Chiefs president Mark Donovan said the 25-year-old helped fund the purchase of new voting machines to make it happen. Sara King is accused of . Patrick Mahomes is having quite the year. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. Baseball is a sport that is struggling to attract young fans, and Mahomes could be the perfect ambassador. Call 1-800-GAMBLER. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. Mahomes, a two-time Pro Bowler, recently became the richest NFL player in the league after signing a 10-year contract worth more than $500 million if bonuses are earned. It's been a fantastic year for Patrick Mahomes. St. Patrick Vibes 20oz Skinny Tumbler Wrap Design, Retro Patrick's Day Tumbler Sublimation Design, Horror Patrick PNG, Digital Download . The salary of Jake from State Farm is unknown, but it is likely to range between $10,000 and $15,000 per commercial. 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. Miles has also appeared in commercials for other companies, including State Farm Insurance. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. TMZ.com. That's a lot of zeroes before you even get to his endorsements and investments. Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. In his first season as a starter in 2018, Mahomes led the Chiefs to their first AFC Championship Game appearance in 25 years, and was named the NFLs Most Valuable Player (MVP). (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.

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