KANSAS CITY, Mo. — Patrick Mahomes wanted to invest in Kansas City and some of its prominent institutions when he bought into the ownership groups of two of the city’s pro sports franchises, Major League Baseball’s Royals and Major League Soccer’s Sporting Kansas City.
For Mahomes, it’s not just an expensive hobby. For now he’s content with his current job as quarterback of the Kansas City Chiefs ahead of the divisional round of the NFL playoffs on Sunday against the Buffalo Bills (6:30 p.m. ET, CBS), but Mahomes views these investments as internships of sorts in preparing him for his next job.
“This is just a start, honestly,” Mahomes said of his interest in pro sports ownership. “I want to invest in the Kansas City community, and I want to have something that my kids will be able to have once I’m gone. You buy into these great franchises that love Kansas City in the hope that one day you could become one of the majority owners of something. I don’t know what that is yet, but that’s the hope one day.
“I don’t think you’ve been able to see a football player be able to do that yet, but it’s definitely something I’ve looked into. It’s a long process, and getting to learn from some of these people that run great franchises now is definitely going to help me in the long run.”
Mahomes is 26, so he has years before he will be joining Michael Jordan, Derek Jeter and others as an elite athlete who later owns a pro sports franchise. Mahomes, who is signed through 2031, will keep his current job for another decade, if not longer.
Mahomes has dabbled in NFTs and has other business interests. He has a heavy interest in philanthropy through his 15 and the Mahomies Foundation.
But he is setting himself on the path to sports ownership with an eye on expanding Kansas City’s offerings.
“I would always keep my options open, but I’ve always tried to go with Kansas City first,” he said. “That’s the biggest thing for me. You look at things like trying to find a way to bring an…
Source : espn
