Chiefs have heavily invested in star quarterback Patrick Mahomes. AXA MPS employs 158 employees. Here are five of his most important assets. In addition to purchasing a home in the area, he and his fianc Brittany Matthews welcomed their daughter and newest member of Chiefs Kingdom, Sterling Skye on February 20 of this year. Kansas City Chiefs quarterback Patrick Mahomes has agreed to a multiyear extension of a marketing relationship with Lenexa-based Airshare, which offers . Mahomes celebrated Sundays Super Bowl win by posting a picture of himself with the Vince Lombardi Trophy while wearing a pair of his Oakley sunglasses. 10-year contract worth a record-setting 450 million dollars, purchasing a 1% stake of the Kansas City Royals, Whataburger is planning on opening four locations in the K.C. Currently worth a combined $8 million, the 27-year-old Kansas City Chiefs quarterback has purchased four different properties. Mahomes says he tries to emulate billionaire Mark Cuban when it comes to his business and investing portfolio. But, how? The success has helped the five-time Pro Bowler build up a substantial endorsement portfolio. The Chiefs quarterback has this new half-billion-dollar contract, an upcoming marriage, a baby on the way and a 3-0 football team that looks like its well on its way to a trip to Super Bowl LV in Tampa. First up? The increasing publication of excavations in Rome and its surroundings since the late 1970s has set off a general rethinking of the history of archaic Rome, and has also allowed for a reassessment of some aspects of her economy, from which a more articulated and dynamic picture has unfolded. Mahomes briefly listed the property for sale in 2019, but later removed it. His 10-year extension was worth $450 million, bringing his total contract value. Continuing with the sports-focused trend, Mahomes invested an undisclosed amount in wellness and fitness company Hyperice in 2020. The MLS club is currently valued at $550 million and brings in over $45 million in revenue during a typical, non-pandemic year. Kelly Marcontell and Susan Gilchrest with Ebby Halliday Realtors held the listing. After signing that mammoth contract $450 million contract extension in 2020, Mahomes made a series of investments in both local and national franchises. Patrick Mahomes is off to the best start to a career by any quarterback in NFL history. area in March of this year. He led the Chiefs to their first Super Bowl appearance in 50 years (Super Bowl LIV). At a list price of $27 million per unit, the deal is worth $540 million on paper. Outdoor features include a pool, a hot tub, a rose garden and a screened porch. The operator of Phenom 300 and 100 light and very light jets plans to double its fleet by taking up to 20 of Bombardiers Challenger 350 aircraft. Exciting times ahead for the Missouri and Kansas area with the addition of 30 restaurants over the next 7 years! Although it's unclear quite how much Mahomes has invested into the firm, it does seem to be making an impact: the company is planning on opening 30 locations in the Kansas City area by 2027. Members can now connect their WHOOP account to Apple Health to automatically import activities and share key WHOOP metrics to Apple Health for one complete picture of their overall health. After spending much of its first two decades with a different name and a more local mission, Lenexa, Kansas-based Airshare is coming to the East Coast, launching its days-based fractional ownership and jet card programs in Florida. -0.57%, These investments into the Kansas City sports community are a clear indicator that this power couple is happy and plans to remain in K.C. Organizers of The Match have kept its financials under wraps over the past few years, so it's unclear just how much will be doled out to No Kid Hungry, a not-for-profit organization which aims to snuff out childhood hunger in the U.S. this community, which is something Im excited to do. Patrick Mahomes business ownership: Chiefs QB counts Whataburger, Royals, Sporting KC among investments, How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries, Patrick Mahomes' family tree: Meet the Chiefs QB's wife Brittany, brother Jackson, parents & kids. The superstar quarterback signed a 10-year . In July 2020, Mahomes signed a ten-year contract extension with the Chiefs worth up to $503 million. Miss Brittany Wagner From Last Chance U Shares Remarkable Surprise Gesture By Three-Time Pro Bowl DE ZaDarius Smith, People Are Pissed That ESPN Is Giving USWNT Its Courage ESPY Over Real-Life Hero Peyton Hillis. The contract, that . Not totally. Patrick Mahomes and his favorite target Travis Kelce square off against Stephen Curry and Klay Thompson this Thursday evening at the Wynn Golf Club in Las Vegas. It's a partnership that offers Mahomes plenty of breathing room, allowing him to use private aircraft at his own leisure. No, by beating the Cincinnati Bengals 23-20 on a last second field goal, they won back the right to naming their own home stadium. Ive used Hyperice throughout my career as an instrumental part of my overall training and recovery routines to ensure Im performing at my peak on game day, Mahomes said in a statement. Real Estate. 2. This colossal investment has already seemed to pay off in a litany of ways. However, his pockets are deep; Celebrity Net Worth estimates that Thompson's value sits at $70 million. 10-year, $450M extension (Max value of $502M), Over $60M fully GTD upfront, with $100M due in the 1st year, Annual $1.25M incentive for AFC Champ. Please logout and login again. Patrick Mahomes immediately made a significant investment. NBA stars Stephen Curry and Klay Thompson and NFL headliners Patrick Mahomes and Travis Kelce will trade their training gear for clubs when they face off Thursday in the eighth iteration of The Match. My career has just begun, and Hyperice gives me the tools and confidence to accelerate my recovery time and improve longevity.. That's a lot of zeroes before you even get to his endorsements and investments. The Kansas City Royals, with Mahomes joining the MLB ownership group last July when the team was valued at $1 billion. [17] Mahomes isn't the only one in his family to toss some bread to help a local sports team. 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. Though the Kansas City Chiefs quarterback still has a contract that leads all NFL players in length and overall value, he likely will receive a raise before his contract expires. In addition to buying partial ownership of the Kansas City Royals baseball team, Mahomes also purchased a stake in Sporting Kansas City, a professional soccer team in the MLS. With a $700 million valuation, Hyperice isnt exactly a startup. That valued the company at $1.2 billion the large total addressable market (TAM) still leaves significant upside and Mahomes was named a brand ambassador, providing him with a marketing fee to reduce his capital investment risk. So check it out, and let me know what you think. Mahomes bought ownership stake in the soccer club Sporting KC. Airshare extends partnership with two-time NFL MVP Patrick Mahomes. See also: Is Rihanna the first billionaire to perform at a Super Bowl halftime show? That includes cities like Cincinnati, Louisville, Milwaukee, and Toronto. The big payday at such a young age Mahomes doesn't turn 26 until September has enabled Mahomes to be more aggressive on the investing front. Beyond all this, Mahomes has done far more than for the K.C. Thompson inked a 10-year, $80 million exclusive deal with Chinese shoe brand Anna in 2017. Kansas City Chiefs quarterback Patrick Mahomes Whoop is another athletic company that is rapidly rising in value. KANSAS CITY, Mo. A 1/16th share entitles the user to 20 days of access. Patrick Mahomes business ownership: Chiefs QB counts Whataburger, Royals, Sporting KC among investments David Suggs 2 days ago Like Comments As the holder of the biggest contract in NFL. In terms of investments, Mahomes seems to be putting his money into the industry he knows best: sports. At just 25 years of age, Mahomes has emerged as one of the wealthiest footballers in the country, thanks to his whopping salary and enormous endorsement deals. No timeframe was provided for exercising the 17 options. The value of almost every individual central team increases in value every year, making it a wise investment. LeBron James vs. Michael Jordan: who is the GOAT when it comes to net worth? Super Bowl Injury Reports: Here Are The Statuses Of Patrick Mahomes, Jalen Hurts, Patrick Mahomes Becomes 10th NFL Player To Win Multiple MVP Awards, Patrick Mahomes, Other Kansas City Chiefs Have Questions For Roger Goodell And NFL, Ortho Doctor: Patrick Mahomes Arduous Ankle Rehab To Continue Before Super Bowl, Patrick Mahomes To Cincinnati Mayor Pureval, Thanks For Giving Me My Jabroni!, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. The year 2023 is an important year for Helsinki Airport as Finavia's billion-euro investment programme, launched ten years ago, will be completed in early autumn. He signed on as an endorser in June of 2018, after his rookie season and before becoming a Super Bowl champion and league MVP. Among NFL players, only Tom Brady has made more in recent years. Patrick Mahomes is a Super Bowl LIV MVP and quarterback for the National Football League's Kansas City Chiefs. Features include a two-story entrance, a floating staircase and a wine room. First Impressions from Chiefs Training Camp. While speaking to the media during training camp on July 30 of this year, Mahomes told reporters, [The K.C. The 20 Challengers could add 15,000 to 20,000 annual flight hours. The addition of super-midsize jets into our fleet represents a significant milestone in our vision to intelligently expand the Airshare brand nationally, said John Owen, president and CEO of Airshare. However, chief marketing officer Andy Tretiak says planned expansion into the Northeastern U.S. requires more airframes. Patrick Mahomes ad-libbed a line in the amusing Coors Light Bear ad, which was filmed in Kansas City during May. You are agreeing to OutKick's Terms of Use and Privacy Policy, but don't worry we don't spam. Patrick Mahomes of the Kansas City Chiefs signed the richest deal in NFL history when he inked his 10-year, $500 million-plus contract with the Chiefs, which took effect in 2022. to continue to support a local team. Earlier this week, veteran golf journalist Eamon Lynch put Patrick Cantlay on blast for allegedly rallying players against the PGA Tour's agreement with the Saudi Arabian Public Investment Fund . investors include pro athletes Kevin Durant, Mahomes invested an undisclosed amount in wellness and fitness company Hyperice. That's one way to cement your ties to the community. We've received your submission. Mahomes has aligned himself with numerous blue-chip brands over the course of his career, including State Farm and Head and Shoulders. In addition to raising awareness, Mahomes along with the Chiefs put down the money to allow Arrowhead Stadium to keep its doors open in order to act as a voting location, helping to guarantee everyone in the K.C. You can't put a price on that. The team is already established and wont provide the asymmetric upside typically seen in high-growth tech companies. The couple share two children, a girl, aged 1, and boy, born in November. As one of the biggest stars in the league, Mahomes makes tons of money both on and off the field. No doubt Patrick Mahomes is a special talent, and the Chiefs rewarded him with the largest contract in NFL history, including more than 500 million dollars across ten years. Thompson tends to stay out of the spotlight unless, of course, it's Game 6. Described as a contemporary ranch, features of the home include tall ceilings, a chefs kitchen that opens out to the family room, and an office and exercise room. Oakley and BioSteel, among others. community than purchase sports teams and make tasty burgers available. Other notable Whoop investors include pro athletes Kevin Durant, Eli Manning and Larry Fitzgerald. Mahomes joined the HyperIce team in 2020. Though no opening dates are yet set, it is estimated that these openings will stimulate over 700 new jobs. Hes someone that I watch and learn from as much as possible, Mahomes said of Cuban in 2021. Opinions expressed by Forbes Contributors are their own. And if that isnt any indication of what a winner is, then look no further than the real estate portfolio he has amassed in a span of a few years. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER. As if that investment lineup wasnt impressive enough, Patrick Mahomes doubled down on the local Kansas City community this week. The star quarterback is just starting preseason with the Kansas City Chiefs, and it was announced last Tuesday that he's joined Sporting Kansas City's ownership group. While that money may go a long way for some players earning a lower salary like rookie running back Isiah Pacheco, who made $784,000 this season its a drop in the bucket for Chiefs quarterback Patrick Mahomes. What do Patrick Mahomes and Kevin Durant have in common? The Chiefs quarterback has this new half-billion-dollar contract, an upcoming marriage , a baby on the way and a 3-0 football team that looks like it's well on its way to . From WriterZen to Plutio, AppSumo offers incredible deals on hundreds of innovative products that can improve your workflow at every stage. Spanning over 7,800 square feet, the family room comes with a gas fireplace and leads outside through patio doors. Mahomes has recently received a base salary of $5,500,000, a roster bonus of $34,400,000, and a workout bonus of $550,000. Combine that with the fact that he makes more than $20 million in annual endorsement income, and the NFL superstar is already one of the highest-paid athletes in the world. Two are homes in Missouri, one a vacant plot in the state, and another probably considered his most valuable is a mansion in Texas. Brand deals are one thing, but owning stake in a brand? It was initially listed for $4.26 million, but Mahomes was able to pay $3.37 million for it in March 2020 $890,000 less than the ask. Built in 1953, this house has had about a half million dollars in updates, according to property records. But with $200 million in revenue last year 20x the $10 million in sales they did three years ago and a history of profitability for 5 consecutive years, these are exactly the type of industry-changing companies Mahomes will profit from long term. including investments in Whataburger and Kansas City sports franchises . Airshares plans to bring a local flavor to the new jets. Headquarters Location Kansas City, Kansas, United States Suggest an edit Want to inform investors similar to Patrick Mahomes about your company? NEW! The kitchen has two large islands with marble counters and breakfast seating for 12 people. They recently partnered with the NFL and have grown exponentially since then. AP Photo/Reed Hoffmann Patrick Mahomes signed the biggest deal in NFL history in 2020. The NFL was a much smaller business in the 80s and 90s. Gambling related content is not intended for anyone under the age of 21. Whoop is another athletic company that is rapidly rising in value. Patrick Mahomes Makes Major Investment in Sports Team Home Sports Patrick Mahomes Makes Major Investment in Sports Team Patrick Mahomes is a minority owner of another sports team in Kansas City. And although the footwear company isn't well-known in the United States, Thompson's likeness is ubiquitous on the brand's advertisements across China. In fact, his wife Brittany a former collegiate and professional soccer player became part owner of the NWSL's expansion Kansas City franchise in 2021. Joe Kinsey is the Senior Director of Content of OutKick and the editor of the Morning Screencaps column that examines a variety of stories taking place in real America. 4 This chapter contributes to this unfolding picture by reconsidering the issue of the relationship . EA, nfl Kansas City Chiefs Patrick Mahomes business ownership: Chiefs QB counts Whataburger, Royals, Sporting KC among investments David Suggs 5 min read Getty Images As the holder of the. Please. My brother died suddenly and his wife says she will receive her late husbands share, Expect this stock to jump as much as 50% if Fidelity and BlackRock bitcoin ETFs get approved, She makes more than $10,000 a month through real estate. As a professional athlete, few things are as important as recovery. American State Bank. For more information, please read our Legal Disclaimer. How do we get rid of them. Originally listed for $475,000, Mahomes was able to buy the 1,800-square-foot pad for $350,000. The operator of Phenom 300 and 100 light and very light jets plans to double its fleet by taking up to 20 of Bombardier's. With two young kids, Patrick Mahomes has had less time to practice, but the scramble rules could benefit Travis Kelces long game. Mahomes is believed to have put $10 million into the Royals. The NFL star and his bride have . He also is a part owner of Kansas Citys first Whataburger restaurant, according to local reports, as well as the Kanas City-based private jet company Airshare. Im a customer, and you should be too. Chiefs All-Pros Patrick Mahomes And Travis Kelce Are Ready For The Match, The Match VIII: NFL And NBA Stars Clash In Prime-Time Golf Showdown, Kansas City Chiefs Star Patrick Mahomes Cleverly Promotes Coors Light Again, Kansas City Chiefs Star Patrick Mahomes Is Not Focused On Contract Renegotiations, The Highest-Paid Athletes Age 25 Or Younger 2023, The Worlds 10 Highest-Paid Athletes 2023, Patrick Mahomes Private Jet Company Is Landing In Florida, Patrick Mahomes Contract Seems Like A Bargain After Jalen Hurts Extension, Patrick Mahomes, Megachurch Leaders And Celebrities Boosted Obscure Crypto Company Claiming To Be Worth $15 Billion. According to CNBC, the sports technology marketplace projected to be worth $30 billion by 2024. Hyperice says it hopes to earn $200 million in 2020. Flexjet copied the by-the-day approach when it launched its Gulfstream G650 program, but hasnt expanded it to other types. Starting and ending at the same airport on the same day earns savings of 35% off the hourly price. With these current times of uncertainty, it is refreshing and reassuring to know that Mahomes and Kansas City will continue to mutually empower the other for many years to come. Deals with Hyperice & BioSteel came next, with Mahomes continuing to build his investment portfolio within health & wellness. In just four years as a starting quarterback for the Kansas City Chiefs, he has accumulated an impressive 58-16 overall record while winning an NFL MVP award, Super Bowl ring, Super Bowl MVP, and two AFC Conference Championships. The primary bedroom occupies 1,250 square feet alone. Patrick Mahomes rookie card sells for $4.3 million, shattering previous record involving Tom Brady card This is the largest sale of an NFL card in history By Jordan Dajani Jul 28, 2021 at. Patrick Mahomes is already heading into his third Super Bowl in the last four years. The estate is worth more than $1 million today. Im a customer, and you should be too. Is Rihanna the first billionaire to perform at a Super Bowl halftime show? Hyperice is an athletic brand that focuses on developing recovery products, such as various massagers and stretching devices for different muscle groups. This site requires JavaScript to run correctly. The 25-year-old NFL quarterback also invested in Whoop, a human performance company that collects and provides physiological data 24/7 to optimize how you recover, train, and sleep, when the company raised a $100 million Series E funding round last year. Patrick Mahomes is a homeowner! On Sunday, the Kansas City Chiefs did far, far more than win a conference championship and the right to go to the Super Bowl in two weeks. But he's also purchased some serious stock in Whataburger, the Texas-based fast food restaurant that specializes in burgers and fries. It's an expensive investment, but Mahomes bought a share of the Kansas City Royals baseball team in the MLB shortly after receiving his mega-contract from the Kansas City Chiefs. The facility is being renovated. The main living space also boasts high ceilings and a wet bar. Mahomes is truly a superstar on and off the field, proving that he attacks both winning games and helping those in need within his community with unbridled enthusiasm. Interesting note: Patrick Mahomes fiance Brittany Matthews also owns an equity stake in the Kansas City National Womens Soccer League, which, at low 7-figure valuations currently, might eventually provide even more upside than the KC Royals. pic.twitter.com/TmTsqIV9QE, "We are so thrilled to make this a family affair and have Patrick join as an owner, Brittany Mahomes said in a statement. Copyright 2023 Sporting News Holdings Limited. As one of the biggest stars in the league, Mahomes makes tons of. In the summer of 2020, Kansas City Chiefs quarterback Patrick Mahomes signed a ten-year extension.