Patrick Mahomes will be the first NFL billionaire
$503M in NFL money and several 3x business moves.
The Kansas City Chiefs pay Mahomes well.
He’s on a 10-year contract for a whopping $503,000,000.
It’s the richest contract in sports history.
Mahomes makes over $22M/year from endorsements.
They include: • Adidas • Nestlé • Oakley • Whoop • Panini • Bose • GEHA • Directv • Hy-Vee • Airshare • BioSteel • State Farm • Electronic Arts • Procter & Gamble • Molson Coors Brewing
Patrick Mahomes’ 4 Best Investments
4. The Kansas City Royals
Mahomes bought a $10M stake in the KC Royals.
2005: $187 million 2010: $341 million 2015: $700 million 2020: $1.02 billion
Mahomes went from a MLB prospect to a MLB owner in only 6 years.
3. Sporting Kansas City
Mahomes also bought a stake in Sporting KC.
MLS Franchise Valuations are on the rise: 2018: $240 M 2019: $313 M 2020: $540 M
Sporting KC currently valued at $557M) has a lot more upside.
Hyperice, a maker of performance recovery products, has 20X’ed its revenue from 10M to 200M in just 3 years.
It recently landed a deal with the NFL and is inching closer to a $1B valuation.
Mahomes is an investor and Hyperice brand ambassador.
In 2020, Mahomes invested in Whoop when it was valued at $1.2 billion.
Today it’s 3x that at $3.6 billion (and rising).
He also gets a nice marketing fee for being a Whoop brand ambassador.
What’s Mahomes investing in now?
• 30 Whataburger’s • Airshare • Buzzer • Biosteel • Dapper Labs
He plans to bring an NBA team to Kansas City one day.
Patrick’s Mahomes Philanthropy
1. Started the ‘15 and Mahomies’ foundation
3. Provided 15 scholarships to children of US Navy SEALs.
“I want to do whatever I can to help the world out and try to make everybody feel equal and like they can go achieve their dreams.”