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Who will carry their team to the Championship Game?
Will Josh Allen or Patrick Mahomes have the better game?
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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 teams.
It's more than just an expensive hobby for Mahomes. He's content with his current job as quarterback of the Kansas City Chiefs and he's looking forward to the divisional round of the NFL playoffs on Sunday against the Buffalo Bills. The investments are being seen as an internship by Mahomes in preparation for his next job.
"This is just the beginning, honestly," he said of his interest in pro sports ownership. I want to invest in the Kansas City community and have something for my kids once I'm gone. You buy into the franchises that love Kansas City in the hope that one day you will be one of the majority owners. I don't know what that is yet, but that's the hope one day.
It's definitely something I've looked into, but I don't think you've been able to see a football player do that yet. Getting to learn from people that run great franchises is going to help me in the long run.
It will be many years before Patrick Mahomes is an elite athlete who later owns a pro sports franchise. If not longer, he will keep his job for another decade.
He has interests in business and NFTs. He is interested in philanthropy through his 15 and the Mahomies Foundation.
He wants to become a sports owner with an eye on expanding Kansas City's offerings.
I've always tried to go with Kansas City first, but I would always keep my options open. That's the most important thing for me. You look at things like trying to find a way to bring an NBA team to Kansas City, try to do something like that a hockey team, all of that different type of stuff. I would try to do something in Kansas City, if that didn't work, I would try to figure out something else.
You can't play football forever. I want to play for a long time but you can't play forever and I always want to be involved in sports.
"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," Patrick Mahomes said.
The man is capable of buying into ownership. He signed a contract extension in the summer of 2020 that will pay him $450 million over 10 years. State Farm, Adidas, Oakley, DirecTV and Hunt's Ketchup are just a few of the endorsements that have been added to the list.
The principal owners of the Royals, John Sherman, and Sporting Kansas City, were approached by Mahomes about buying into the teams. It doesn't hurt to have a star quarterback as part of the ownership group for the Royals or for Patrick Mahomes to attend home games.
The names of the members of the ownership group are listed in the public address before each home game. The loudest cheer goes to Mahomes' name.
Illig said the place just goes nuts. There was no arrangement for him to help us sell season tickets when he came into our group. It was a simple transaction. He wrote a check and we included him in the ownership.
Both owners said that the decision to allow Mahomes to become a minority owner had more to do with his sincere desire to learn the business end of ownership than anything else.
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Illig said that the well-paid athlete was trying to create some visibility that didn't have anything to do with his chosen sport or vocation. It's more than that. He's a sponge. He is trying to learn as much as he can. He knows he will learn more by being involved more. He will be welcomed at the owners meetings we have with the little owners' group.
We want to be open with him. If he's doing the same thing with John and the Royals, he's getting a pretty good education, because we want him to understand how the business of sports works.
Sherman, who bought the Royals in late 2019, had two rules for local investors before allowing them into the ownership group: They had to love baseball, and they had to love Kansas City.
Pat was a major league pitcher for 11 years. Patrick was a baseball player at Texas Tech. He was drafted by the Detroit Tigers in the 37th round.
Sherman said that he saw this as a way to double down on Kansas City. When we acquired the team, we put together a group of people who loved baseball and Kansas City. Patrick kind of met those criteria. He did it for the right reasons. It was good for Kansas City, good for the Royals and good for him. I think he sees this as a way to learn more about the business of the game, because he's got an interest in it.
He has a baseball background. He loves the game. He's embracing Kansas City in a big way, even though he chose football for his profession. That means a lot to us.
He only provides his support with either team.
Patrick Mahomes wants to learn from people who have had success in building franchises and being able to manage on-field production and off-field stuff.
He said he didn't get to make any decisions. I'm not talking to Dayton Moore. I get to watch and see how things are done. You can talk to the owners of the Shermans and the Illigs and see how things are done. I'm not making decisions, but I do get to see what the process is and what their vision is for the future of those organizations. I see it as a big deal.
I'm busy right now. I want to make sure I'm at my best when I play sports. I want to learn from the people that have had so much success in building franchises and having ownership and being able to manage on-field production and off-field stuff, because football is not forever. Being able to ask those questions is going to help me.
If he follows through on his ownership plans, that homework should come in handy. Even for elite athletes, seeing the game from a different perspective can be an education.
Julie Foudy, former captain of the U.S. women's national soccer team and now a member of the ownership group of Angel City FC of the National Women's Soccer League, said there are a lot of layers that you have to peel back. I had no idea. It's enlightening. You understand at a completely different level other than at just 30,000 feet up why things are happening and why things are such a challenge.
He's a player who you can tell is loved by his teammates and is a leader, that's the thing that's going to be great for him. He will come into it with the idea of making things better for the players. He'll understand that the players have rights and should be involved in building something together.
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Hunt said that he would be a tremendous owner. He is a very quick learner. I hope we're talking about this 25 years from now.
One of the things we've seen in Patrick in his young career in the NFL is how well he works with different groups of people. I think that will serve him well if he gets into pro sports ownership or any kind of business endeavors down the road. That will be an asset to him.
He already has a management style. He won't fire anyone after a disappointing loss, but will keep his emotions out of his decision.
He said he would be the patient type of owner. I know what the coaches are putting in day-to-day and the players are putting in day-to-day as well. They're trying to be the best they can be. I'll watch and let those guys handle their business, knowing they're doing everything they can to win.
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