The Ever-expanding Business of Patrick Mahomes - Boardroom

What Businesses Does Patrick Mahomes Own? A Look At His Growing Empire

The Ever-expanding Business of Patrick Mahomes - Boardroom

Patrick Mahomes, a name that echoes across football fields, is certainly a wealthy person. He has, after all, clinched three Super Bowls, a feat that alone brings considerable financial reward. But his financial success extends far beyond his playing earnings. It's actually quite fascinating, how he has been building a substantial business empire, making shrewd investments in various companies and sports groups.

You know, after he signed that really big contract extension back in 2020, worth $450 million, Mahomes started making a series of smart investments. This period marked a clear shift, as he began putting his earnings into different ventures. He's not just a superstar on the field; he's also making quite a splash in the business world, which is pretty cool to see.

So, if you're wondering what businesses does Patrick Mahomes own, you're in the right place. We're going to explore the diverse range of his business activities. From owning parts of sports teams to striking up big endorsement deals, his portfolio is truly something to talk about. It's almost like he's building a whole different kind of team, one focused on money matters.

Table of Contents

Patrick Mahomes: A Brief Overview

Patrick Mahomes is, without a doubt, a household name. He's a quarterback for the Kansas City Chiefs, and he's known for his incredible talent on the football field. He's achieved a lot at a young age, and that success has opened many doors for him, particularly in the business world.

Personal Details and Bio Data

DetailInformation
Full NamePatrick Lavon Mahomes II
Date of BirthSeptember 17, 1995
Place of BirthTyler, Texas
CollegeTexas Tech University
NFL TeamKansas City Chiefs
PositionQuarterback
Super Bowl Wins3

The Foundation: His Historic Contract

Just weeks after signing his historic NFL contract in July 2020, Kansas City Chiefs quarterback Patrick Mahomes made his first large investment. That $450 million contract extension was a really big deal, and it gave him the capital to start putting money into various ventures. It was, you know, a clear signal of his financial strength.

This contract truly set the stage for his moves into the business world. It allowed him to think beyond just his football salary and begin building something more lasting. He had the means, and he clearly had the vision, which is pretty interesting to observe.

Investing in Sports Teams: Local Ties

Owning a professional sports franchise is, in some respects, one of the most profitable businesses worldwide. It's a smart move, really, especially when you consider the passion people have for their teams. Mahomes seems to understand this very well.

He's not just a player; he's also a part-owner of a couple of teams, which is quite unique for an active athlete. These investments show his commitment to the sports world, even beyond his own playing career. It's a pretty strategic way to build wealth, if you think about it.

Kansas City Royals Ownership

Mahomes owns a piece of MLB’s Kansas City Royals. This was one of his earliest and most notable investments after his big contract. Becoming a minority owner in a baseball team, especially one in the city where he plays football, truly shows his connection to the Kansas City area.

This investment ties him even more deeply to the local sports scene. It's not just about the money, apparently; it's also about community and being involved in different sports. This kind of ownership is a pretty significant step for an athlete.

Sporting Kansas City: MLS Investment

Sporting KC is his other major local sports investment. He became a minority owner in this MLS team, further cementing his ties to Kansas City’s sports community. By associating with the soccer team, he's expanding his influence beyond just football.

This move into soccer ownership is, you know, quite telling. It shows a diverse interest in sports, not just the one he plays professionally. It's a smart way to diversify his holdings and, honestly, stay connected to the passion of sports fans.

Major Endorsement Partnerships

Beyond his NFL salary, Patrick Mahomes has established himself as a very marketable figure. He attracts numerous endorsement deals that contribute significantly to his net worth. Over 15 different companies have signed him as an endorser, which promotes a diverse range of products.

He really does carefully select partnerships that align with his image. It's not just about signing any deal; it's about finding brands that fit his personal brand. This approach, you know, helps maintain his authenticity and appeal.

Adidas: A Long-Standing Relationship

One of his biggest partnerships is with Adidas, which began way back in 2017. This relationship has grown significantly over the years. He has a signature shoe and apparel line with them, which is a pretty big deal for an athlete.

In August 2024, he and the company collaborated to sign six students from his alma mater, Texas Tech, to endorsement deals. This kind of initiative, you know, shows his commitment to giving back and supporting future generations. It's a really good example of how he uses his platform.

Oakley: Eyewear and Personal Lines

Mahomes also has a notable partnership with Oakley. He launched his own eyewear line with them, which is part of his diverse range of endorsed products. These include his own Oakley eyewear, which is pretty cool.

This collaboration allows him to put his personal touch on products that fans can buy. It's another way he extends his brand beyond the football field, creating products that reflect his style. It's, you know, a smart way to connect with his audience.

Diverse Investment Portfolio

His investment portfolio is, frankly, quite diverse. It includes brands that are well-known and some that are more focused on specific areas. He's not putting all his eggs in one basket, which is a pretty sound financial strategy.

These investments show that he's looking at various sectors, not just sports. It's a good sign of a broad business perspective, which is something you don't always see from athletes. He's clearly thinking long-term.

Whataburger and KMO Burger

Mahomes has invested in Whataburger, a popular fast-food chain. He's also invested in KMO Burger, which plans to expand its presence. This venture into the food industry is another aspect of his varied business interests.

It shows he's interested in consumer brands that resonate with people. Fast food is, you know, a huge market, and having a stake in it can be very rewarding. It's a different kind of investment compared to sports teams, for sure.

Tech and Wellness: Whoop and Hyperice

His portfolio also includes brands like Whoop and Hyperice. Whoop is known for its wearable technology that tracks fitness and recovery, while Hyperice focuses on recovery and wellness products. These are, in a way, very relevant to an athlete's life.

These investments highlight his interest in health and technology. It makes sense, actually, given his profession, that he would put money into companies that help athletes perform and recover. It's a pretty natural fit for him.

The Power of Personal Brand and Marketability

Winning three Super Bowls and investing in multiple sports franchises will, no doubt, boost anyone's public image. Patrick Mahomes has truly leveraged his success on the field to become a highly marketable figure off it. His ability to connect with fans and brands is a big part of his financial story.

He's built a strong personal brand, which is a valuable asset in itself. This brand allows him to attract more endorsement deals and investment opportunities. It's like, you know, his name alone opens doors in the business world, which is pretty powerful. You can learn more about building a strong personal brand on our site.

The diverse range of products he endorses, including his own Oakley eyewear and Adidas signature shoes, both of which are very popular, showcases his broad appeal. He's not just a football player; he's a business person with a wide reach. It's really quite impressive to see how he manages it all. You might also be interested in this page about successful athlete investments.

His influence extends beyond the game, allowing him to be a force in various industries. It's clear he's thinking about his future long after his playing days are over. For more insights into how top athletes manage their finances, you could look into a reputable sports business publication, for instance.

Frequently Asked Questions (FAQs)

What sports teams does Patrick Mahomes own a part of?

Patrick Mahomes owns a minority stake in two Kansas City-based sports teams. These include the MLB’s Kansas City Royals and the MLS’s Sporting Kansas City. He considers these investments just a start, which is pretty interesting.

When did Patrick Mahomes start making major investments?

Mahomes started making a series of significant investments shortly after signing his mammoth $450 million contract extension in 2020. His first large investment, for instance, came just weeks after that historic NFL contract was finalized in July 2020.

What are some of Patrick Mahomes' biggest endorsement deals?

Some of Patrick Mahomes' biggest endorsement partnerships include Adidas, where he has a signature shoe and apparel line, and Oakley, where he launched his own eyewear. He also has deals with brands like Whataburger, Whoop, and Hyperice, which shows his diverse appeal.

The Ever-expanding Business of Patrick Mahomes - Boardroom
The Ever-expanding Business of Patrick Mahomes - Boardroom

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