We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from.
To learn more or opt-out, read our Cookie Policy. The Royals announced that Chiefs quarterback Patrick Mahomes has joined the ownership group. Welcome to the Royals family, PatrickMahomes! AlwaysRoyal pic. The portion that he owns has not been disclosed, but it is likely a very small portion. The year old becomes becomes the youngest sports owner in history. Still, if Mahomes needed an advance to purchase a larger stake in the team of say percent , he would likely be able to find that in an owner-financed sale in which he would pay it off over time as more of his contract becomes guaranteed.
He would had to have purchased his share either through one current owner or multiple owners given up a smaller percentage. What he is buying ownership for is to be an ambassador of the Royals, Chiefs, and Kansas City. Like Stonestreet, Mahomes would be more of a celebrity figurehead than someone making day-to-day decisions. These are all brand ambassador roles and carry a bit more headline value than operational value.
Prior to acquiring the Royals, Mr. Glass spent 30 years with Wal-Mart Stores, Inc. Under Glass' stewardship, he was credited with leading Wal-Mart through a period of unprecedented growth and becoming the nation's largest retailer with stores, supercenters and Sam's Clubs throughout the United States and internationally.
As a leader in the retail industry, Mr. Glass has been recognized with numerous awards throughout the years and was inducted into the Retail Hall of Fame in August, He served as a member of the Wal-Mart Board of Directors until A native of Mountain View, Mo. Glass earned a business degree from Missouri State University. Currently, the College of Business is named David D. Glass Hall in honor of his dedication to the university.
0コメント