Friday, May 15, 2026

Patrick Mahomes Becomes MLS Owner

  • Patrick Mahomes is now a member of Sport Kansas City’s ownership group.
  • The MVP of Super Bowl LIV also owns a minority stake in the Kansas City Royals.
Sporting KC/Design: Alex Brooks

Sporting Kansas City announced on Tuesday that Kansas City Chiefs quarterback Patrick Mahomes has joined the Major League Soccer club’s ownership group. 

The investment in Sporting KC adds another team to the NFL superstar’s portfolio, which now includes stakes in multiple sports franchises in Missouri.

The MVP of Super Bowl LIV also owns a minority stake in the Kansas City Royals, while fiancée Brittany Matthews is co-owner of Kansas City NWSL. 

The 25-year-old signed a record contract extension worth up to $503 million in 2020 and stays busy off the field, too. 

  • Last year, Mahomes joined Hyperice, an athletic recovery technology company, as both an ambassador and investor. Other ambassadors include Naomi Osaka, Ja Morant, and Juju Smith-Schuster. 
  • He signed a multiyear partnership in August with BioSteel. The sports nutrition company inked a deal with NBA star Luka Dončić in March.

The average MLS team is worth $550 million, up from $313 million in 2019, per Sportico.

Sporting KC is ranked 10th in MLS with a total value of $550 million following revenue of $25 million in 2020 — down from $45 million due to the global pandemic.

Sporting Kansas City is owned by Sporting Club, which is comprised of local business and community leaders.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

MLS Leaders Think New Schedule Will Be ‘Transformative’

MLS teams have struggled to compete on the market for global talent.
Oct 27, 2025; Los Angeles, California, USA; Major League Baseball commissioner Rob Manfred before game three of the 2025 MLB World Series between the Toronto Blue Jays and Los Angeles Dodgers at Dodger Stadium
exclusive

MLB Makes Multiyear Prediction-Market Deal With Polymarket

The league’s stance on prediction markets has rapidly evolved.
May 6, 2025; Colorado Springs, Colorado, USA; New York Red Bulls fans celebrate after the match against the Colorado Springs Switchbacks FC at Weidner Field.

USL’s Labor Negotiations Stretch Into Regular Season

Players protested during the first minute of matches on opening weekend.

MLS Wants Yellow Card Betting Outlawed As it Bans Two Players

MLS said Derrick Jones and Yaw Yeboah bet on their own games.

Featured Today

‘The Sonics Never Died’: The Long Afterlife of Seattle NBA Merch

Inside “the largest team shop for a team that doesn’t exist.” 
Mar 27, 2026; Washington, DC, USA;UConn Huskies forward Tarris Reed Jr. (5) dunks the ball against the Michigan State Spartans in the second half during a Sweet Sixteen game of the East Regional of the men's 2026 NCAA Tournament at Capital One Arena
March 28, 2026

March Madness Coaches Debate ‘Blueblood’ in NIL Era

The term’s meaning was up for debate at men’s March Madness.
Maxime Vachier Lagrave
March 25, 2026

The Planet’s Best Chess Players Are Having Their LIV Golf Moment

Chess’s most prestigious tournament is battling a splashy Saudi event.
Beau Brune/LSU
March 22, 2026

College Athletic Departments Are Becoming Media Companies

“There’s only so many tickets you can sell, but content is infinite.”

Mayweather-Pacquiao Rematch on Netflix Is On

The fight is expected to be at the Sphere in Las Vegas.
March 31, 2026

Tiger Woods ‘Stepping Away’ Ahead of the Masters After Arrest

Woods announced his decision Tuesday, with the Masters looming.
April 1, 2026

Project B Lands Projected Top WNBA Pick, Moves Start to December

The league announced a deal with Spanish forward Awa Fam on Wednesday.
Sponsored

Baseball Is Back: MLB Opening Day Prices Soar

MLB Opening Day ticket prices are at record highs. TickPick data breaks down demand, pricing trends, and where fans are paying the most.
March 31, 2026

John Starks: ‘Giannis Is Not Coming’ to Knicks

The Knicks legend doubts the MVP will leave Milwaukee at all.
March 30, 2026

Mayweather Contradicts Key Details Surrounding Pacquiao Fight Plans

Mayweather is also supposed to fight Mike Tyson in an exhibition.
March 30, 2026

Charleston Open Director: Equal Prize Money Made Business Sense

The gender pay parity comes years ahead of schedule.
Tiger Woods of Jupiter Links GC tees off during match against Los Angeles Golf Club during the TGL finals at SoFi Center on March 24, 2026, in Palm Beach Gardens, Florida.
March 27, 2026

Tiger Woods Arrested for DUI After Another Rollover Car Crash

Woods was not seriously injured in the Friday afternoon accident.