Saturday, June 6, 2026

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.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Landon Donovan Thinks World Cup Will Boost MLS

Donovan argues hosting World Cup games will lead owners to spend more.

Dave Checketts Says Founding MLS Team Was His ‘Worst Investment’ 

Checketts cofounded Real Salt Lake in 2005 and sold it in 2013.
In this photo illustration, a mobile device displays the Kalshi logo while a laptop displays the webpage of the prediction market platform in Copenhagen, Denmark, on February 10, 2026. (Photo by Kristian Tuxen Ladegaard Berg/NurPhoto)

Leagues Weigh In on Future Prediction Market Regulation

Safeguarding integrity and protecting consumers were common themes.

USL Announces Tentative New CBA After Player Protests

Players protested by stopping play during matches this season.

Featured Today

Ai sports slop

How Sports Became Ground Zero for AI Slop

The category is the perfect breeding ground for AI content churn.
FILE PHOTO: Soccer Football - FIFA World Cup - UEFA Qualifiers - Group A - Germany v Luxembourg - Rhein-Neckar-Arena, Sinsheim, Germany - October 10, 2025 Germany coach Julian Nagelsmann
June 4, 2026

‘Weird Corners of the World’: How to Find a World Cup Coach

National associations look for a winning record—and also hope for serendipity.
June 3, 2026

The Elite High Schools Hosting World Cup Teams

Spain, Morocco, Croatia, and Switzerland chose schools as their tournament base camps.
Frances Cabral-Delaney
May 29, 2026

How Arsenal Fandom Went ‘Manic’

“People do not become Arsenal fans because it’s easy,” says Zohran Mamdani.
Dec 20, 2025; Oxford, MS, USA; Eli Manning former Mississippi Rebels quarterback and NFL star visits the field prior to a game against the Tulane Green Wave at Vaught-Hemingway Stadium.
June 5, 2026

Not ‘About Raising Prices’: Eli Manning Invests in Youth Sports

Manning discussed the Knicks’ playoff run and the Giants’ new coach.
June 5, 2026

Sanders’s Record NFLPA Income Was Mostly From Trading Cards

The bulk of Sanders’s record NFLPA income came from cards, not jerseys.
Sponsored

Landon Donovan: What Soccer in America Still Needs

Landon Donovan discusses the evolution of soccer in America and investing in the NWSL.
June 3, 2026

The $3 Million Player Who Changed The Spurs Season

The Spurs went 39–11 with Julian Champagnie as a starter.
Jun 2, 2026; San Antonio, TX, USA; San Antonio Spurs forward Victor Wembanyama (1) looks over during practice on media day for the 2026 NBA Finals at Frost Bank Center.
June 3, 2026

Will There Be a Wemby Effect for NBA Finals in France?

France will have two Finals broadcasters for the first time.
Jun 3, 2026; Paris, France; Maja Chwalinska of Poland tosses the ball to serve during her match against Anna Kalinskaya on day 10 at Stade Roland Garros.
June 3, 2026

French Open’s Cinderella Runs May Not Play in Wimbledon

Wimbledon finalizes its entries in mid-May, before the French Open ends.
Jun 2, 2026; Raleigh, North Carolina, USA; Vegas Golden Knights goaltender Carter Hart (79) prepares for the fdfirst period against the Carolina Hurricanes in game one of the 2026 Stanley Cup Final at Lenovo Center
June 3, 2026

Hockey Canada Trial Looms Over Hart in Stanley Cup Playoffs

Carolina fans broke out into a “no means no” chant.