Travis Kelce buys stake in Cleveland Guardians, continuing trend of athletes becoming owners

Travis Kelce has become the latest athlete to buy into a professional sports team, purchasing a minority stake in the Cleveland Guardians, the MLB franchise he rooted for growing up in Cleveland Heights, a vibrant suburb 15 minutes from downtown.

Ballplayers buying into professional sports franchises has become almost routine. And why not? They are wealthy, love sports and often want an ownership stake of a team in a city full of fans who love them back.

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Kelce is the latest to do so. The only question is, what took him so long?

“I have so much love for this city,” Kelce told ESPN. “I say it all the time: I’m just a kid from the Heights living the dream. I credit every good thing in my life to Cleveland and being raised here with the values and the people and the work ethic.

Read more: Travis Kelce returns to the Chiefs (naturally) for a 14th season, agreeing to a one-year contract

“Cleveland Heights is such a diverse and dynamic place. Every friend, neighbor, teacher and teammate — they all made me the man I am today.”

And that man is very wealthy. The Kansas City Chiefs tight end and burgeoning business titan has earned $111 million playing in the NFL. He and his brother Jason have a $100 million deal with Amazon Wondery for their popular New Heights podcast.

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Kelce, 36, also makes an estimated $35 million a year from endorsement deals with Nike, Pfizer, State Farm and other major brands.

Oh, and let’s not forget that his fiancee, Taylor Swift, is the wealthiest female musician in the world with an estimated net worth of $1.6 billion.

Although Swift has never publicly mentioned owning a sports franchise, NFL Commissioner Roger Goodell did comment on the possibility at a Super Bowl news conference two years ago.

Tom Brady had been approved as part owner of the Raiders, boosting season ticket sales, leading to this question posed to Goodell.

Read more: As critters and losses pile up, Angels fans call for owner Arte Moreno to sell team

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“With that, has anyone approached Taylor Swift about being a minority partner in the Chiefs?”

Goodell grinned and replied, “I…


Source link : https://sports.yahoo.com/articles/travis-kelce-buys-piece-cleveland-160730534.html

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Publish date : 2026-05-27 16:07:00

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