Patrick Mahomes Wants to Bring the WNBA to Kansas City
Nov 4, 2024
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Join NFL superstar Patrick Mahomes as he discusses his ambitious goal to bring a WNBA franchise to Kansas City. Known for his business savvy, Mahomes details his investment strategy and the challenges of launching a women's team in a smaller market. He also reflects on the burgeoning recognition of women's sports and how his efforts align with a broader push for empowerment. Additionally, he shares insights into building a legacy in sports, mirroring Tom Brady's successful trajectory on and off the field.
Patrick Mahomes aims to bring a WNBA franchise to Kansas City, leveraging the city's sports culture and recent league growth.
His diverse investment strategy, inspired by Tom Brady, focuses on team successes and enhances his influence in the sports industry.
Deep dives
Patrick Mahomes and WNBA Franchise Aspirations
Patrick Mahomes aims to bring a WNBA team to Kansas City, leveraging the league's recent growth propelled by star players like Caitlin Clark. His existing ownership in teams across various leagues, combined with successful investments in the NWSL’s Kansas City Current, bolsters his credibility in pursuing this goal. Mahomes argues that Kansas City's sports culture and fan support for basketball make it an ideal location for a WNBA franchise. He emphasizes the potential for success by drawing parallels between the current's rapid ascension in women's soccer and the prospective growth of a WNBA team.
The Impact of the WNBA's Growth
The WNBA has experienced unprecedented growth, highlighted by a new $2.2 billion media rights deal and the expansion of the regular season schedule. The league's strategic decisions, including the addition of three new teams, demonstrate its commitment to ongoing development and attracting a larger audience. With numerous cities competing for the WNBA's 16th franchise, Mahomes' proposal for Kansas City showcases how high-profile individuals can impact market dynamics. This surge in visibility and revenue not only benefits franchises but also elevates the status of women’s sports as a whole.
Mahomes' Strategic Investments and Business Philosophy
Mahomes has developed a diverse investment portfolio in sports, including stakes in MLB, MLS, and NWSL franchises, positioning himself as a powerful figure in the sports industry. His approach aligns with the Tom Brady model, which prioritizes team success over maximizing individual contracts to enhance long-term financial stability. By selecting investments in Kansas City, Mahomes strategically enhances his influence while also demonstrating a commitment to the local community. His ventures into women’s sports reflect a belief in their potential and the importance of fostering a new generation of athletes.
Today's episode looks at NFL superstar Patrick Mahomes' bid to bring a WNBA franchise to Kansas City. I break down the details behind Mahomes' pitch to the WNBA, his already massive sports ownership portfolio, his investment strategy, and the Tom Brady model he is following for his career both on and off the field. Enjoy!