• Loading stock data...
Tuesday, October 8, 2024
The Best Employers in Sports survey is now open! Take the survey

Patrick Mahomes Becomes MLS Owner

  • Patrick Mahomes is now a member of Sport Kansas City’s ownership group.
  • The MVP of Super Bowl LIV also owns a minority stake in the Kansas City Royals.
Sporting KC/Design: Alex Brooks

Sporting Kansas City announced on Tuesday that Kansas City Chiefs quarterback Patrick Mahomes has joined the Major League Soccer club’s ownership group. 

The investment in Sporting KC adds another team to the NFL superstar’s portfolio, which now includes stakes in multiple sports franchises in Missouri.

The MVP of Super Bowl LIV also owns a minority stake in the Kansas City Royals, while fiancée Brittany Matthews is co-owner of Kansas City NWSL. 

The 25-year-old signed a record contract extension worth up to $503 million in 2020 and stays busy off the field, too. 

  • Last year, Mahomes joined Hyperice, an athletic recovery technology company, as both an ambassador and investor. Other ambassadors include Naomi Osaka, Ja Morant, and Juju Smith-Schuster. 
  • He signed a multiyear partnership in August with BioSteel. The sports nutrition company inked a deal with NBA star Luka Dončić in March.

The average MLS team is worth $550 million, up from $313 million in 2019, per Sportico.

Sporting KC is ranked 10th in MLS with a total value of $550 million following revenue of $25 million in 2020 — down from $45 million due to the global pandemic.

Sporting Kansas City is owned by Sporting Club, which is comprised of local business and community leaders.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Soccer’s U.S. Boom: MLS and NWSL Break Attendance Records

Both Major League Soccer and the National Women’s Soccer League have set attendance records.

Cowboys No Longer No. 1 TV Draw

Dallas dominated ratings wars for decades, but the trend has shifted.
Running back Kalel Mullings (20) celebrates a touchdown against USC with teammates during the second half at Michigan Stadium in Ann Arbor on Saturday, Sept. 21, 2024.

House v. NCAA Lawyers Amend Settlement to Address Concerns About Boosters and NIL

Judge Claudia Wilken had concerns about the definition of the word “booster.”

NFL TV Ratings Hit 9-Year High

The Chiefs and Cowboys are the league’s most-watched teams.
podcast thumbnail mobile
Front Office Sports Today

Shams to ESPN; NHL Drops Puck

0:00

Featured Today

A DraftKings sign

A DraftKings Exec Left for Fanatics. Then the Bitter Legal Battle Began

Mike Hermalyn has been sidelined at Fanatics for nine months now.
opinion
October 6, 2024

Where Is the Dang Game? Fragmentation Has Hit Fever Pitch

A correction is coming in the increasingly confusing landscape of live sports.
October 5, 2024

MLB Gets the Shohei Ohtani Postseason Treatment. The Value Is Immense

The Japanese superstar finally makes his playoff debut Saturday.
The Cal mascot, Oski
October 2, 2024

How the Calgorithm Turned College Football Twitter Into Real Life

“College GameDay” makes its first trip to Berkeley on Saturday.

MLB Poised for Huge Viewership Gains

A Dodgers-Yankees World Series is on the table.
October 3, 2024

‘Private Guy’ Domantas Sabonis Wasn’t Sure About Doing Netflix’s ‘Starting 5’

The Kings star is profiled in the new documentary series. 
October 3, 2024

Connor Bedard Was a Huge Draw As a Rookie. Will His Star Power Rise?

The Blackhawks reported a 50% increase in season-ticket sales for the 2024–2025 season.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
October 2, 2024

Michael Jordan’s $7.7B Fight Against NASCAR

Teams like 23XI Racing want an increased share of TV money.
October 2, 2024

MLB Goes All In On Ohtani

The league is actively promoting the Dodgers superstar both domestically and in Japan.
Pete Rose talks to a reporter
October 1, 2024

Why Pete Rose’s Death Won’t Get Him in the Hall of Fame

Rose is still ineligible for the Hall of Fame despite his death.
Wolves center Karl-Anthony Towns
September 30, 2024

How Karl-Anthony Towns’s Trade to New York Got Delayed in Serbia

The blockbuster trade has yet to be made official.