What is Patrick Mahomes going to spend all that money on?

Well, how about ownership stake in a Major League Baseball team. And a new ride, of course.

The Kansas City Chiefs quarterback received a record contract extension this offseason, one that can keep him with the team through 2031 and could be worth over $500 million. As if that long-term commitment to K.C. wasnt enough, the Royals announced Tuesday that he is now part of the teams ownership group.

I love this city and the people of this great town, Mahomes said in the statement. This opportunity allows me to deepen my roots in his community, which is something Im excited to do.

Mahomes father Pat spent 11 seasons as a MLB pitcher, while the younger Mahomes once played in the Little League World Series and was a 37th round draft pick of the Detroit Tigers. (Apparently hes sticking with football.)

At just 24 years old, Mahomes led the Chiefs to a win in Super Bowl LIV over the San Francisco 49ers in February, signed a record contract and now is part-owner of an MLB team, who happens to drive a $338,000 Ferrari.

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Life is good for Patrick Mahomes, now part owner of the Royals - MLive.com