Patrick Mahomes once joined Brittany's soccer ambitions as an investor; their $325 million Kansas City Current story has a bigger meaning
Forbes reported in April that the Kansas City Current are worth $325 million, up 18% from last year, second in the NWSL behind Angel City at $340 million.
Forbes reported in April that the Kansas City Current are worth $325 million, up 18% from last year, second in the NWSL behind Angel City at $340 million. Brittany Mahomes backed the club early. Patrick Mahomes became a co-owner in January 2023, alongside Angie and Chris Long. Few people expected a women's soccer team in Kansas City to climb this fast. The valuation is a paper number, but it shows what a club can build when it owns its stadium and fills it every week.How the Mahomes investment reached $325 millionA year ago, Forbes valued the Current at $275 million, so the club added roughly $50 million in twelve months. Angel City still leads on value. On revenue, though, the Current were ahead in 2024. Forbes had them at $36 million against $35 million for Angel City.Brittany was in the picture before the first match. Patrick arrived later, after buying into the Royals and Sporting Kansas City. He also holds a stake in the Alpine F1 team.The Current are different from those holdings. This one began as her project, and he followed.Why the Current make money when others struggleFans are the simple part of the answer. Kansas City sold out every regular-season home game in one recent season, and revenue rose by more than $20 million. A sold-out stadium sells tickets, but it also sells sponsorships and stronger media deals.The league's structure helps too. One analysis of the club points out that the Current operate inside a closed system with controlled spending, centralized growth and expanding media value. There is no relegation. Salaries have limits. An owner can plan five years ahead without worrying that one bad season wipes out the investment.That is why the story is bigger than two famous names. Celebrity gets attention. Stable rules and a building the club controls are what make investors believe a number like $325 million.What the stadium plans say about the next phaseOwnership is already pushing for more. The city council approved a financing framework worth up to $185 million for a CPKC Stadium expansion and the wider Berkley Riverfront project. Front Office Sports reported that the whole development is forecast to exceed $800 million. Public money is part of that mix, so expect more debate over how much help a private club should get from the city.The ownership group is also thinking beyond soccer. Mahomes and the Current's owners pitched the WNBA on an expansion team, using the club's growth as their main argument.It is worth remembering that nobody has sold anything. The $325 million figure is an estimate. It only becomes real money if someone buys the club at that price, and the Mahomeses have shown no sign they want to sell.Get the latest Sports News and Live updates. Download the TOI app.
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