Mahomes: From MVP to Mini-Mogul? How Much of the Kansas City Royals Does He REALLY Own?
Patrick Mahomes, the Kansas City Chiefs' superstar quarterback, is known for slinging spirals and leading his team to victory. But did you know this athletic phenom is also a budding baseball baron? That's right, folks, Mahomes has a piece of the Kansas City Royals! But how big of a slice are we talking about? Here's the lowdown on Mahomes' ownership stake in his hometown team, with a dash of humor for good measure.
How Much Of The Kansas City Royals Does Patrick Mahomes Own |
A Minority Share, But a Major Move
Hold your horses, baseball fanatics! Mahomes isn't exactly calling the shots for the Royals just yet. He owns a minority stake, which means he doesn't have a controlling ownership. Think of it like this: Mahomes gets to wear a fancy owner's hat occasionally, but he probably doesn't get to pick the hot dog vendor (although, with his endorsement deals, maybe he could influence that?).
The Great Baseball Bloodlines (Maybe Not)
Now, some might say Mahomes' baseball ownership is a natural fit. After all, his dad, Pat Mahomes Sr., played in the majors! But here's the funny part: Patrick Jr. actually started out playing baseball himself! He was a talented pitcher until college, but eventually decided to focus solely on football. Guess throwing touchdowns turned out to be a pretty good call.
So, How Big is This Slice of Baseball Pie?
Alright, alright, enough with the suspense. Estimates suggest Mahomes owns around 1% of the Kansas City Royals. While that might not seem like much, considering the team's value is in the billions (with a "B"), it's still a pretty hefty investment for a young athlete.
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This move by Mahomes shows not only his love for the Kansas City community, but also his savvy business sense. Who knows, maybe one day he'll be calling the shots for both the Chiefs and the Royals!
Fun Fact: Mahomes' ownership stake made him the youngest owner in Major League Baseball history at the time. Take that, you darn whippersnappers!
Royals Ownership FAQs: You Asked, We Answered (Briefly)
How to become a sports team owner like Mahomes?
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Well, you'll need a few things: a massive pile of cash, a love for the sport, and maybe a time machine to go back and become a billionaire tech mogul. But hey, gotta dream big, right?
How much is a 1% stake in a baseball team worth?
In Mahomes' case, with the Royals valued around $1.2 billion, that 1% slice would be worth roughly $12 million. Not bad for a side hustle!
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How did Mahomes get the money to buy into the Royals?
Being a Super Bowl-winning quarterback with a truckload of endorsement deals probably helps.
Can I buy stock in the Kansas City Royals?
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Nope, the Royals are currently not publicly traded. So, unless you know someone with a magic ownership-granting machine, you're out of luck (for now).
How many hot dogs can Mahomes buy with his Royals ownership stake?
A lot. Like, an obscene amount of hot dogs. We're talking enough to feed a stadium full of hungry fans (with some leftover for his victory celebrations, of course).