Unveiling Chiefs QB’s $70M Empire

Patrick Mahomes is among the highest-paid players, let alone QBs in the NFL currently. Many people say sport is a brief career. Athletes make millions and live a glamorous life when they play. However, once they stop playing and aren’t in the limelight anymore, the finances dwindle and some highly paid athletes have even become bankrupt after retirement. The Chiefs’ signal-caller has learned from those and has invested money in many companies. The 28-year-old athlete has created a $70 million empire of varied business ventures. And many of them will surprise you!

After winning his first Super Bowl, the young QB, only 24 years old, shocked everyone. He bought a minority ownership stake in the Kansas City Royals in the MLB. The decision stemmed from his love for baseball, his 2nd favorite sport, which he played till his sophomore year. He became the youngest sports owner in history and said, “I’m honored to become a part owner of the Kansas City Royals. I love this city and the people of this great town. This opportunity allows me to deepen my roots in this community, which is something I’m excited to do.” This started a barrage of investments in almost all major sporting franchises based in Kansas City.

In 2021, he purchased a stake in Sporting Kansas City (plays in Major League Soccer) and became a member of their ownership group. The following year, he invested in Miami Pickleball Club (of Major League Pickleball) and joined their ownership group, comprising renowned tennis players such as Naomi Osaka and Nick Kyrgios. Do you notice the wide range of sports he has invested in? That’s not all. His wife already owned a stake in the NWSL side, Kansas City Current. In 2023, he, too, bought a stake in the franchise. Then came the big one.

In October 2023, he joined an ownership group that owns a part of the Formula One team, Alpine Racing. The group has popular sports persons Rory McIlroy and Anthony Joshua and actors Ryan Reynolds and Rob McElhenney. He was impressed by the rising popularity of F1. However, he admits nothing would satisfy him like having an NFL team. A rule prevents current NFL players from buying stakes in NFL teams. But retired players can do this, and he has that thing in mind, saying, “Eventually, when I’m done playing. I love this sport and want to give back in any way possible.”

Patrick #Mahomes with his F1 Alpine racing team at the Miami Grand Prix! 📷 | Getty Images pic.twitter.com/Onsd9mlAqq

— Starcade Media (@StarcadeMediaKC) May 4, 2024

Bamboozled by the sports he has put his money in, wait till you see his other investments. His approach is truly amazing.

Patrick Mahomes investments in food and wellness brands

One thing that the QB does is understand the product and its impact before putting his money in. That showed in May 2024 when he announced his coffee brand, Throne Sport Coffee. Despite his busy schedule, his commitment is commendable. As the lead investor, he attended various meetings of the researchers and product developers and played a crucial part in testing all 4 flavors. He believes that the mix of electrolytes and vitamins differs from existing brands. Not only coffee, he likes burgers too.

His favorite fast-food astronaut is Texas-based Whataburger. When the Kelce brothers asked him to choose the best between In-N-Out, Five Guys, and Whataburger on their New Heights podcast, he decided on Whataburger. He said, “I was saying Whataburger, regardless. The burgers are world-class, and they have a variety of things that you can get. They also have the best ketchup I’ve ever eaten.” Taking his love to another level, he invested in the restaurant chain and helped open their first restaurant in Kansas City. His portfolio is diverse.

Patrick Mahomes has invested in Hyperice, a massage tool shaped like a gun that helps in muscle recovery, and Whoop, a band that measures your athletic performance. The quarterback has many years of football left in him. And he already has a net worth in millions. These investments could potentially multiply his money manifold.