After becoming the owner of the largest contract in the history of professional sports earlier this offseason, it didn’t take long for Kansas City Chiefs QB Patrick Mahomes to start making investments with his cash.
On Wednesday, the MLB’s Kansas City Royals announced that Mahomes had purchased a minority stake in the team, joining its ownership group at the ripe age of 24.
Mahomes, who was awarded by the Chiefs with a 12-year contract worth around $500 million after leading the franchise to a Super Bowl title, will now make a mark in the city’s sports in a different way after purchasing a share of the Royals.
It should come as no surprise that Mahomes would be interested in the world of baseball, as his father Pat spent over a decade as a pitcher in the league during the younger Mahomes’ childhood.
Mahomes explained his decision by saying, “I love this city and the people of this great town. This opportunity allows me to deepen my roots in the community, which is something I’m excited to do.”
The percentage stake that Mahomes owns in the team was not made public.
Kansas City dropped their first game with Mahomes at a part-owner, losing 4-3 to the Detroit Tigers on Tuesday night. But both the star quarterback as well as the baseball franchise are sure to enjoy many wins in the future together.