It's been a fantastic year for Patrick Mahomes. The Kansas City Chiefs quarterback won a Super Bowl in February. Then, in July, he signed a record-setting $450 million contract extension, which could be worth up to $503 million. Mahomes capped off the month by becoming a member of the new ownership group of the Kansas City Royals.
It hasn't been reported how much of an investment Mahomes made. However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. Even a 1% ownership stake would cost him about $10 million. Up until this point in his career, Mahomes has only earned a total of $13 million on the field.
Mahomes joins an ownership group led by businessman John Sherman and more than 20 investors with ties to Kansas City, including actor Eric Stonestreet. Although Mahomes's role will be more ambassador than operational, it's still a nice addition to his resume.
Ownership in the Royals isn't the only spending Mahomes has been doing, either. ESPN's Louis Riddick tweeted a picture of a ride the freshly paid quarterback just purchased.
Look what the man who I call the Ferrari just got 🔥🔥🤷🏾♂️….@PatrickMahomes pic.twitter.com/mSeWSYj8Ve
— Louis Riddick (@LRiddickESPN) July 28, 2020
That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. The ride starts at $338,000 and contains a V-12 engine with 788 horsepower. Mahomes is the son of Pat Mahomes, a former major league pitcher. The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever.
The younger Mahomes was also a baseball prospect in his younger days. The Detroit Tigers drafted him in 2014, though he never played for them. It's fair to say he made the right choice by playing football. But with this latest move, he'll still have an opportunity to make some noise on a baseball field.
Table of Contents
- Biography of Patrick Mahomes
- Career Highlights
- Investment in the Kansas City Royals
- Personal Life
- Final Thoughts
Biography of Patrick Mahomes
Detail | Information |
---|---|
Name | Patrick Mahomes |
Date of Birth | September 17, 1995 |
Position | Quarterback |
Team | Kansas City Chiefs |
Contract | $450 million contract extension |
College | Texas Tech University |
Career Highlights
Patrick Mahomes has made a remarkable impact in the NFL since becoming the starting quarterback for the Kansas City Chiefs. He led the team to a Super Bowl victory in February, which was a significant milestone in his career.
In addition to his on-field success, Mahomes has made headlines off the field as well. His record-setting contract extension reflects not only his talent but also his value to the team and the league.
Investment in the Kansas City Royals
Mahomes's investment in the Kansas City Royals showcases his commitment to the Kansas City community. As part of the ownership group, he joins a prestigious lineup of investors, which indicates his desire to make a lasting impact beyond football.
While the exact amount of his investment remains undisclosed, it is clear that Mahomes is willing to invest in his passions and interests. This move adds another layer to his growing portfolio and public persona.
Personal Life
Outside of football and business, Mahomes is known for his close relationship with his family and his philanthropic efforts in the community. He often shares moments with his girlfriend, Brittany Matthews, and their daughter on social media.
Mahomes’s background as the son of a former MLB pitcher has influenced his athletic career. His diverse upbringing has shaped his competitive spirit and work ethic, which are evident in his achievements today.
Final Thoughts
Patrick Mahomes's journey in 2020 has been nothing short of impressive. From winning a Super Bowl to making significant investments, he continues to redefine success in sports and business.
As Mahomes moves forward, fans and aspiring athletes can look up to him as a role model. His story demonstrates the importance of hard work, dedication, and making strategic decisions both on and off the field.