Patrick Mahomes: Investing for the Win The Kansas City Chiefs’ superstar quarterback, Patrick Mahomes, is quickly becoming known for setting records on the field and for his Investing savvy off it. Mahomes recently signed the biggest contract in NFL history, and in addition to that, he has made several investments in a variety of industries. In terms of investments, Mahomes seems to be putting his money into the industry he knows best: sports. Mahomes invested in wearable-technology company WHOOP, a data-driven performance optimization platform. He also owns stakes in the Kansas City Chiefs, Whataburger, the Kansas City Royals, and Sporting KC.
The investment Mahomes made in the Kansas City Chiefs was probably the most significant, as it allowed him to be one of the first NFL players to own a stake in his team. This move was not only important for Mahomes, but it allowed the Chiefs to acquire more capital and become more competitive in the NFL. Mahomes also invested in Whataburger, a fast food chain with a large presence in Texas, and the Kansas City Royals, a Major League Baseball team. Mahomes also owns a stake in Sporting KC, a Major League Soccer club.
Mahomes’ investments have not only been in the sports industry, but he has also made investments in real estate and venture capital. Mahomes invested in real estate development in Kansas City and has also invested in venture capital funds.