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Kansas City Current's Value Rises to $325 Million, Co-Owned by Patrick and Brittany Mahomes
Sentiment: NeutralHigh Priority
What Happened?
The Kansas City Current, co-owned by Patrick and Brittany Mahomes, is now valued at $325 million, marking an 18% increase from last year. This valuation places the club second in the NWSL, behind Angel City FC.
Key points
- Kansas City Current's valuation rose from $275 million to $325 million in one year.
- The club is now valued second in the NWSL, just behind Angel City FC at $340 million.
- The average NWSL team is worth about $200 million, up 49% from last year.
- Kansas City Current's revenue is approximately $38 million, on par with Angel City.
- Brittany Mahomes has a professional soccer background, contributing to the ownership.
Key insights
- The growth in valuation indicates a strong market for women's sports franchises.
- Kansas City Current's financial stability may attract more investors in the future.
- The club's performance and ownership background could influence its market position.
Why it matters
The valuation increase reflects the growing interest and investment in women's soccer.
Entities
Kansas City Current· OrganizationPatrick Mahomes· PersonBrittany Mahomes· PersonAngel City FC· Organization
Source
Times of India
