(Photo by Briana Tozour on Unsplash) BIZ Patrick Mahomes Joins Kansas City Royals Ownership Mahomes recently became the NFL’s richest player after signing a 10-year contract that could be worth over $500 if certain bonuses are earned through performance. by Gregg Snyder July 28, 2020 Kansas City Chiefs’ Super Bowl winning quarterback, Patrick Mahomes, has found a way to spend some of his recent fortunes. Mahomes is the newest member of the Kansas City Royals ownership group, the Major League Baseball club announced Tuesday. Mahomes recently became the NFL’s richest player after signing a 10-year contract that could be worth over $500 if certain bonuses are earned through performance. While the Royals have not announced how much of a stake in the team Mahomes has purchased, the star quarterback is the youngest part owner in sports history at just 24 years old. (Snapshot via Kansas City Royals Twitter) The Super Bowl MVP does have history in baseball. His father, Pat, pitched in the majors for 11 seasons with the Minnesota Twins, Boston Red Sox, New York Mets, Texas Rangers, Chicago Cubs and Pittsburgh Pirates. Mahomes played both football and baseball at Texas Tech, before deciding to focus solely on football after his sophomore year. He was a 37th-round draft pick of the Detroit Tigers in the 2014 MLB draft, but didn’t sign. According to Forbes, the Kansas City Royals are valued at just over $1 billion. Patrick Mahomes is not stranger to business as he also has lucrative endorsement deals with major companies like Adidas, Bose, and Coca-Cola, among others. The Royals last won the World Series in 2015 but have failed to reach the playoffs since. Mahomes should bring some excitement to the organization. For continued coverage of sports business ventures, follow Double G Sports. Post Views: 680 The following two tabs change content below.BioLatest Posts Gregg Snyder Latest posts by Gregg Snyder (see all) ITZ Staff Makes Super Bowl LV Predictions. Which team wins? Who is MVP? - February 5, 2021 Jets And Nike Create New Jersey High School Girls Flag Football League - February 3, 2021 NJ Sports Photographer, Lauren Guillen, Raising Funds For Local Youth Holiday Gifts - December 11, 2020 President Trump Awards Lou Holtz With Medal of Freedom - December 3, 2020 Related TopicsKansas City ChiefsKansas City RoyalsPatrick Mahomessports business Click to comment You must be logged in to post a comment Login Leave a Reply Cancel replyYou must be logged in to post a comment. Newsletter Subscription Can't Miss Posts! Women in Sports: NHL Network Host, Jackie Redmond by Nicholas Durst | posted on March 4, 2019 How To Avoid Scams When Purchasing Football Tickets Online by Guest | posted on July 23, 2020 XFL Co-Owner Dany Garcia Talks Business, Serving Others at espnW Women + Sports Summit by Candace Cordelia | posted on October 23, 2020 Women in Sports: Ariel Epstein, On-Air Host at SportsGrid (VIDEO) by Anthony Paradiso | posted on March 12, 2021 From Paramus High School to CBS Sports, Spero Dedes is making waves in sports broadcasting by Sunil Sunder Raj | posted on October 27, 2020 More in BIZ You Know I’m Right, Episode 113: New York Post Columnist Phil Mushnick (Audio/Video) On the 113th episode of You Know I’m Right, Nick Durst and Joe Calabrese are joined by... You Know I’m Right, Episode 112: New York Jets’ Insider Brian Costello (Audio/Video) On the 112th episode of You Know I’m Right, Nick Durst and Joe Calabrese are joined by... How the You Know I’m Right Podcast Reached 100 Episodes On March 29, 2021, the You Know I’m Right Podcast published it’s 100th episode... You Know I’m Right, Episode 111: New York Giants’ Insider John Schmeelk (Audio/Video) On the 111th episode of You Know I’m Right, Nick Durst and Joe Calabrese are joined by... Mets’ Reportedly Sign Bruce Maxwell Who Kneeled During The National Anthem in 2017 MLB Shows Support for Black Lives Matter