Patrick Mahomes isn’t just known for his prowess on the football field, but he is also making waves in the world of investments. With a combination of strategic choices and partnerships, the Kansas City Chiefs quarterback has diversified his business portfolio.
Mahomes has already solidified his financial worth both within and beyond the realm of sports. His tight end, Travis Kelce, is also following in his footsteps. Mahomes and Kelce are now taking their partnership from the gridiron to the dining table with the announcement of their latest business venture.
Patrick Mahomes to co-own business with Travis Kelce
Travis Kelce and Patrick Mahomes have announced plans to open an upscale steakhouse named 1587 Prime, paying homage to their jersey numbers. The venture is scheduled to debut in early 2025 at the Loews Hotel Kansas City. It promises to elevate the city’s dining scene with a blend of sophistication and flair.
Teaming up with the esteemed global hospitality group Noble 33, Mahomes and Kelce aim to bring a unique culinary experience to their community. Mahomes expressed enthusiasm about the venture, highlighting their inspiration drawn from their patronage of Noble 33 establishments in other cities.
“Travis and I have become frequent visitors of Noble 33 restaurants in other cities so it only made sense to bring something special to our own community in Kansas City,” Mahomes said.
Kelce echoed his quarterback’s sentiments, and expressed excitement for the opportunity to create something extraordinary in their hometown.
“We’re excited to be a part of this journey with Noble 33 to create a one-of-a-kind dining experience, and what better place to start than our very own, Kansas City,” Kelce said.
The restaurant, spanning nearly 10,000 square feet across two floors in the Loews Kansas City Hotel. It will feature “hyper-subtle nods” to what Pat and Kelce achieved in their careers so far.
This venture marks yet another collaboration between Kelce and Mahomes, following their successful investment in Chicken N Pickle. It is a unique restaurant chain combining delectable cuisine with recreational activities such as pickleball.
Numerous Patrick Mahomes investments that bolster his worth
From sports teams to tech startups, Patrick Mahomes has diversified his portfolio with a range of strategic investments. One of his notable investments is his ownership stake in MLB’s Kansas City Royals, making him the youngest owner in MLB history.
The signal-caller has a stake in Kansas City’s MLS team, Sporting KC. He also partnered with Kelce to be a minority owner of the Alpine F1 team.
Beyond the sports industry, the Chiefs star has ventured into the restaurant scene. He partnered with a franchise group to bring the beloved Texan chain, Whataburger, to the greater Kansas City area. In the tech sector, Mahomes has invested in Whoop, a wearable tech company focused on optimizing performance and recovery for athletes. He has additionally invested in Hyperice, a company specializing in sports recovery products like massage guns and therapy devices.
Patrick Mahomes has also secured partnerships with leading brands such as Hunt’s Ketchup, State Farm, Adidas, and Essentia Water among others which eventually adds to his overall net worth.
