Patrick Mahomes spent some of his $503 million Chiefs mega deal buying a stake in the Kansas City Ro

June 2024 · 2 minute read
2020-07-29T12:44:44Z

Fresh off the back of signing 10-year contract extension with the Kansas City Chiefs worth up to $503 million, Patrick Mahomes has now become the youngest team owner in MLB history after purchasing a stake in the Kansas City Royals at the age of 24.

"I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement.

"I love this city and the people of this great town. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do."

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.

"Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field."

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

 

Mahomes has already enjoyed an extraordinary career in the NFL having won a Super Bowl, a Super Bowl MVP, and regular season MVP, but he's also no stranger to baseball.

His father, Pat Mahomes, was an pitcher for a number of MLB teams, including the Minnesota Twins, the Boston Red Sox, and the New York Mets, between 1992 and 2003.

The Chiefs quarterback also played baseball at Texas Tech University for one season in 2015 before quitting to focus on football, according to CNN.

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Patrick Mahomes signed a $503 million deal and even LeBron James is asking for a loan

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