At a relatively young age of 27, the Kansas City Chiefs superstar Patrick Mahomes stunned the football world by snatching two Lombardi trophies for his team within just four years.
The football world is acquainted with his level of craziness for the play, yet one surprising fact that might catch many off guard is how much of a baseball fanatic Pat is. MLB was his first love as he grew up seeing his fathers’ 11 years of MLB journey which led him to buy a stake in a baseball team a couple of years ago.
Mahomes’ path to potential billionaire status through MLB investment
Prior to pursuing an NFL career with the Chiefs, Mahomes got a golden opportunity to build up an MLB career from the Detroit Tigers. The Tigers selected him in the 37th round of the 2014 MLB First-Year Player Draft.
However, the Chief’s star player turned down the opportunity but never left the love for baseball in his mind. Hence, in 2020 just at the age of 24, he generated a lot of buzz after becoming the youngest MLB owner after buying a 1% stake in Kansas City Royals.
“I’m honored to become a part owner of the Kansas City Royals,” said Mahomes in a statement after the investment.
The two Super Bowl champions raised the stakes by about $11 M. According to estimates from Forbes magazine, the teams’ valuation increased by 5% in 2022 to reach $1.11 billion and by another 8% from the previous year to reach $1.2 billion. According to projections, Pats could become a billionaire by 2030 if the franchise maintains its current upward trajectory.
What is Patrick Mahomes’ net worth right now?
The two-time MVP has amassed a net worth of about $70 million throughout the course of his career. After signing a 10-year contract extension worth at least $450M in 2020 his valuation has begun rising dramatically which now sets him on a path to potentially earn a $40 million annual salary.
In addition to MLB, he also invested in Major League Pickleball, Major League Soccer’s Sporting Kansas City, and the Kansas City Current of the National Women’s Soccer League. Additionally, he is currently affiliated with American State Bank, Whoop, Buzzer, Hyperice, and other companies as investing partner.
Patrick seems to have a great affection for Kansas City and this is probably why he has been investing in the city’s many sports leagues since his rookie season. Considering his previous performances, he could skyrocket his value and land a record-breaking contract should his form and performance stay consistent.
