Many athletes enjoy a glamorous lifestyle during their careers but often face financial challenges after retirement.
Learning from these experiences, MahomesÂhas strategically invested in various business ventures, creating an impressive 70-million-dollar portfolio.
Patrick Mahomes initially focused investments on sport
In 2021, MahomesÂacquired a stake in Sporting Kansas City, a Major League Soccer team, joining their ownership group.
The following year, he expanded his sports investments by purchasing a stake in the Miami Pickleball Club, part of Major League Pickleball. This ownership group includes notable tennis players like Naomi OsakaÂand Nick Kyrgios. His investments in diverse sports don’t end there.
In 2023, MahomesÂand his wife bought stakes in Kansas City Current, a National Women’s Soccer League (NWSL) franchise.
However, his largest sports investment came in October 2023 when he joined an ownership group for Alpine Racing, a Formula 1 team.
This group features well-known sports figures such as Rory McIlroyÂand Anthony Joshua, along with actors Ryan ReynoldsÂand Rob McElhenney. Mahomes was drawn to the growing popularity of F1, but his ultimate goal is to own an NFL team.