Call 1-800-GAMBLER. Airshare provides Kansas City Chiefs quarterback Alex Smith with a private jet. window.mc4wp.listeners.push( It is also a good sign that he is putting his roots down in the community and fully embracing the city. He bought into the team in 2019, and has said that hes a huge fan of the team and the city. Imagine being an NFL superstar and owning an MLB team. While Mahomes is most well known for throwing touchdown passes, he also has history with baseball. Mahomes has already enjoyed an extraordinary career in the NFL having won a Super Bowl, a Super Bowl MVP, and regular season MVP, but he's also no stranger to baseball. He has always expressed his love for the city he reps and has taken a lot of initiatives to do so. Since making his NFL debut in September 2016, Patrick Mahomes has played in three of Denvers first nine games. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. The son of former Major League Baseball (MLB) pitcher Pat Mahomes, he initially played college football and baseball at Texas Tech University.Following his sophomore year, he quit baseball to focus solely on football. Mahomes is believed to have put $10 million into the Royals. A post shared by Patrick Mahomes II (@patrickmahomes) on Apr 9, 2020 at 1:53pm PDT. Whataburger is a German treat. He isnt part of the leagues 30 owners, and he appears to be unconcerned about it. Im honored to become a part owner of the Kansas City Royals, Mahomes said in a statement. forms: { Their chairman and principal owner, John Sherman, spoke to the press after the announcement. Seriously, is there anything this man cant do? However, the franchise was purchased for $1 billion last year, so Mahomes likely had to pay a considerable amount to get involved. Get this delivered to your inbox, and more info about our products and services. Just weeks after inking a 10-year . } Hence, the Super Bowl LIV MVP had to pay a hefty sum to become the part-owner of the American League team. Mahomes should know. As the youngest owner in Major League Baseball history, he becomes the youngest owner at the age of 24. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. https://t.co/D5yq8JTThK, Howdy partner! The Royals announced Tuesday that the Super Bowl champion has joined the ownership group of the MLB franchise. Is it possible that Patrick Mahomes is intentionally making fun of his fans? "We are very proud and excited to have Patrick as our partner in the ownership group of this franchise, Chairman, CEO and principal ownerJohn Sherman said in the pressrelease. And now the newest member of the @SportingKC ownership group! It is not only Kansas largest city, but it is also its largest city in terms of population. Patrick Mahomes -- the star quarterback of the Kansas City Chiefs and reigning Super Bowl Most Valuable Player -- now is part owner of the Royals, the franchise announced Tuesday. Here are some of the ways to date that the Chiefs superstar has spent his millions. The 24-year old becomes becomes the youngest sports owner in history. On Tuesday, July 28, Mahomes became the part-owner of Major League Baseball franchiseKansas City Royals. According to the Royals, he purchased a stake in the team, but it was not disclosed how much he purchased or what his value was. Given that Rodgers is well-liked, its no surprise that his endorsement deal is one of the NFLs largest. Mahomes was named the NFL MVP and Offensive Player of the Year. Whataburger will open two new restaurants in Platte County in 2023. She and the Longs have done an incredible job building a world-class organization and I am excited to join another championship-caliber club as it continues to make history. July 28th, 2020. Discovery Company. Does Patrick Mahomes Own The Kansas City Royals? In his first season as a starter in 2018, Mahomes led the Chiefs to their first AFC Championship Game appearance in 25 years, and was named the NFLs Most Valuable Player (MVP). Still, if Mahomes needed an advance to purchase a larger stake in the team (of say 2-3 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. Chiefs QB Patrick Mahomes looked for ways to get involved in baseball other than as a player. event : evt, { This includes his Kansas City Chiefs contract from which he was earning only $555,000 a. The pair's daughter, Sterling Skye, was born in February. Brittany, Patrick Mahomes fiance, owns a stake in Kansas Citys National Womens Soccer team. However, it is estimated the Chiefs star parted with quite a hefty sum in order to become a part-owner of the team. The Philanthropy15 and the Mahomies Foundation6, as well as additional rows of endorsements, are expected to bring in $7 million in 2015. If he were to see out the entirety of his 10-year extension, however, Mahomes would net$491 millionfrom salary alone. Mahomes, 24, will be the youngest part owner in sports history, and he will be a minority owner. In fact, the day after his son was born, the elder Mahomes picked up the save after throwing 3 1/3 shutout innings against the Royals. Mahomes father was an MLB pitcher between 1992 and 2003, while Mahomes himself played the sport at college for one season in 2015. callback: cb Since being drafted in the first round of the 2017 NFL Draft, Kansas City Chiefs quarterback Patrick Mahomes has taken the league by storm. He is also the majority owner of the Kansas City Royals of Major League Baseball (MLB). Well, that's real capital. The 24-year-old led the Chiefs to Super Bowl glory last season, picking up the Super Bowl MVP along the way. The Detroit Tigers drafted him in 2014, though he never played for them. 0; Home; TRACK MY ORDER; VALENTINE'S DAY; WOMEN'S DAY However, with a fairly new stadium and a fanbase known for vociferous support, don't be surprised if SKC thrusts itself up the league table sooner rather than later. City services include health care, financial services, and technology. Along with the rest of Kansas City, I have watched Patrick compete and become an extraordinary leader, both on and off the football field., Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl, Kansas City Royals (@Royals) July 28, 2020. Launched in 2019, "15 and the Mahomies" is a charity that "is"dedicated to improving the lives of children" through "initiatives that focus on health, wellness, communities in need of resources and other charitable causes.". While this is certainly a tough ask, if there is anyone who can do that, it certainly is Patrick Mahomes! After winning the Super Bowl in February 2020, Mahomes and Matthews took a luxury vacation to Cabo San Lucas. He is currently In this article, we will list down all the sporting investments made by the Kansas City quarterback. As of right now, Patrick Mahomes owns 2% of the Royals. (function() { "We are very proud and excited to have Patrick as our partner in the ownershipgroup of this franchise," John Sherman, chairman, CEO and principal owner of the Royals, said in a statement. However, the. Mahomes soon threw his support for the club, joining the franchise's ownership group in January 2023. New Seahawks' safety Jamal Adams, actor Eric Stonestreet, NWSL starChestley Strother and others reacted too -, This is Legendary brotha. Mahomes recently bought a very expensive Ferrari 812 Superfast, which is a true racing car. By choosing I Accept, you consent to our use of cookies and other tracking technologies. Its cool to be able to say I own part of a sports team and celebrity ownership of franchises is a storied history that includes owners like Jay-Z (who owned less than 1 percent of the Brooklyn Nets), Jennifer Lopez and then husband Marc Anthony (unreported amount of the Miami Dolphins), Bill Maher (who at one pint owned 1-4% of the Mets), Justin Timberlake (Memphis Grizzlies), Will Smith (Philadelphia 76ers), and others. While Mahomes does not check the score at the first read, Alex Smith does. At just 24 years old, Mahomes is now a Super Bowl-winning quarterback and Major League Baseball minority owner. Patrick Mahomes, who won the Super Bowl LIV in 2017, has joined the ownership group of Major League Soccers (MLS) parent company. The Chiefs QB also joined the team as part of the ownership group. In 2017, the Kansas City Chiefs selected Patrick Mahomes, a quarterback, with the 10th overall pick. Why did Mr. Narendra Modi buy the property? Entrepreneur and Cleveland Indians minority owner John Sherman purchased the team from David Glass in November 2019. NFL MVP. Patrick Mahomes business ownership: Chiefs QB counts Whataburger, Royals, Sporting KC among investments, How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries, Patrick Mahomes' family tree: Meet the Chiefs QB's wife Brittany, brother Jackson, parents & kids. He completed 303 of his 439 passes for 303 yards, four touchdown passes, and one interception. The Kansas City Chiefs quarterback won a Super Bowl in February. NBA star LeBron James is a minority owner Premier League champions Liverpool FC,Russell Wilson is a part-owner of MLS franchiseSeattle Sounders F.C while Kevin Durant recently joined MLS' Philadelphia Union as part-owner. put pen-to-paper on a 10-year contract worth an eye-watering $503 million. A Division of NBCUniversal. "I'm honored to become a part owner of the Kansas City Royals," Mahomes said in a statement. Injuries cause Royals to seek more outfield depth, The Royals could be adding to the outfield, over 20 investors with local ties, including entertainer Eric Stonestreet, signing a 10-year contract with the Chiefs. Im starting to think he might be superhuman. Well, outside of being two of the best players in their respective sports and pillars of their local communities, they also share business ties. He owns a 1% stake in Major League Baseball's Kansas City Royals, which has an estimated value of $12 million, according to Sportico.. Patrick Mahomes is having quite the year. Mahomes joined the HyperIce team in 2020. Even purchasing 1 percent of the Royals, assuming Mahomes didnt buy at a lower post-money valuation than the other investors paid, would cost the Chiefs quarterback around $10 million which is a significant outlay for someone who has made slightly more than $13 million over his brief playing career, not including endorsements. #AlwaysRoyal https://t.co/CDApf9wejT, Patrick Mahomes II (@PatrickMahomes) July 28, 2020. According to an ESPN source, Mahomes and the club were in talks for the past 12 months. } Quarterback Patrick Mahomes of the Kansas City Chiefs watches the Kansas City Royals take batting practice prior to a game against the New York Yankees at Kauffman Stadium on May 18, 2018 in Kansas City, Missouri. Pat Mahomes owns a number of businesses, including a clothing line, a production company, and a record label. What do Patrick Mahomes and Kevin Durant have in common? The 24-year-old was sold to a group led by David Glass for $1 billion. "Nothing like waking up at 8 am to a new car on Monday," Matthews wrote in an Instagram story at the time. Visit Insider's homepage for more stories. Sherman has served in the United States Army. Patrick Mahomes joins a list of superstar athletes that have stakes in teams from other sports. Patrick Mahomes is a Kansas City native who has purchased a small minority stake in the team. Patrick Mahomes is an American football player who currently plays for the Kansas City Chiefs of the National Football League (NFL). Up until this point in his career, Mahomes has only earned a total of $13 million on the field. Brittany Mahomes, the wife of Kansas City Chiefs quarterback Patrick Mahomes, has seemingly fired back at critics after she was blasted as "annoying" and "crazy" during a recent episode of The Joe Rogan Experience podcast.. Kansas City, Missouri, is an ideal place to call home. Patrick Mahomes used his payday to become a part-owner in Major League Baseball side Kansas City Royals on July 28, 2020. Including 2020 and 2021, Mahomes' total cash for the extension totals $477.63 million, which averages out to $39.8 million per year. Sherman, in addition to owning the only MLB team without a membership in the league, is the sole owner of any other Major League Baseball franchise. The 24-year-old quarterback recently led the Kansas City Chiefs to victory in Super Bowl LIV, garnering Super Bowl MVP honors in the process, and then . As the holder of the biggest contract in NFL history, Patrick Mahomes is, among other things, filthy rich. The Royals are currently estimated to have a worth of $1.025 billion by Forbes. having signed a four-year,$670 million deal with the Spanish giant in 2017. on the same day he received his Super Bowl ring. Patrick Mahomes net worth Per Celebrity Net Worth, Mahomes carries a net worth of $40 million. Top editors give you the stories you want delivered right to your inbox each weekday. He can sling passes during the day with his team and then hit up his box at night for Royals games. But he's also purchased some serious stock in Whataburger, the Texas-based fast food restaurant that specializes in burgers and fries. He played at Texas Tech for one season in 2015 as a relief pitcher before quitting to focus on football, and he was drafted by the Detroit Tigers in the 2014 MLB June Amateur Draft, according to Baseball Reference. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. This is the online home for all things baseball. Kansas City Chiefs quarterback Patrick Mahomes has purchased a share of the Kansas City Royals, making himself the youngest part-owner in sports history and a two-sport Kansas City star. Weeks after signing the richest contract in sports history a 10-year deal worth up to $503. Patrick Mahomes will be a Kansas City Chiefs player for the next ten years, with a contract worth 450 million dollars. As the Royals rebuild their roster with young talent, Mahomes will be there to help them achieve their goals. All Rights Reserved. New England Patriots quarterback Tom Brady also has a minority stake in the Boston Red Sox. Burger stands. Patrick Mahomes may only be 25 years old, but he is already the second-highest-paid athlete in world sport. pic.twitter.com/9lzODUUpVA. Super Bowl Champion. ESPN's Louis Riddick tweeted a picture of a ride the freshly paid quarterback just purchased. "I love this city and the people of this great town. NFL star Mahomes joins Royals ownership. Christian McCaffrey, the Carolina Panthers all-time leading run-back, signed a $64 million extension in 2018. He signed a 10-year, up-to-$503 million contract extension earlier this month, the richest in sports history. The Kansas City Royals announced on Tuesday that Patrick Mahomes is the newestmember of the team's ownership group. The Super Bowl win is one of the NFLs biggest achievements, and each member of the winning team will receive $150,000 as a result. Sherman further highlighted Mahomes roots in baseball by highlighting how his father, Pat Mahomes, played 11 seasons in MLB. The portion that he owns has not been disclosed, but it is likely a very small portion. A 10-year-old will have plenty of chances to watch her father play as he continues to excel in the game. I love this city and the people of this great town," Mahomes said in a statement. Sherman is, however, the only Major League Baseball team owner not affiliated with the leagues 30 other clubs. He has been writing about the sport for over five years and is passionate about sharing his knowledge and enthusiasm for the game. That brings its perks. The Kansas City Chiefs quarterback won a Super Bowl in February. Patrick Mahomes, Super Bowl Sweatshirt, Unisex T-shirt, Game Day Shirt ThriftyandStuff . The elder Mahomes pitched in more than 300 baseball games, primarily as a reliever. The news of Mahomes becoming an owner of an MLB franchise was greeted with delight by the rest of the sports fraternity: The Tigers were quick to note that they "drafted Mahomes first" -, Ladies and gentlemen, we drafted him first. Because of his services, the Chiefs should pay him a fair salary. Fresh off his record-setting NFL contract, Kansas City Chiefs quarterback Patrick Mahomes is already putting his newfound wealth to use. Mahomes is under contract through the 2021 season and has club options for 2022 and 2023. } The Kansas City Royals announced on Tuesday that Patrick Mahomes has joined their ownership group. His play was nothing short of spectacular, as he threw for over 5,000 yards and 50 touchdowns. There is no denying that Patrick Mahomes is a rising star in the NFL. Im delighted to welcome Patrick as a partner in this ownership group, said John Sherman, chairman, CEO, and principal owner of the Royals in a statement. After making NFL history, Kansas City Chiefs quarterback Patrick Mahomes made some in MLB, too. Patrick Mahomes is the king of Kansas City -- the Chiefs superstar is now a part-owner of the Royals, the team announced Tuesday. The youngest owner in MLB history, Patrick Mahomes, purchased a 1% stake in the team. Patrick Mahomes contract. "I love this city and the people of this great town. On the season, Mahomes is completing 65 percent of his passes, averaging 297 yards per game against the Broncos. Mahomes also owns part of the Kansas City Royals. The car was thought to be a Lamborghini Urus a super-powered SUV that costs around $230,000. The company is currently valued at $700 million. Earlier his month, Patrick Mahomes became the first North Americanathlete to rake in a half-a-billion dollar deal after he signed a10-year, $503 million extensionwith Kansas City Chiefs. Mahomes isnt buying a stake as an investment in reality. That's a Ferrari 812 Superfast, the newest addition to Mahomes's collection. By clicking Sign up, you agree to receive marketing emails from Insider } Juventus is his favorite soccer club and he one day plans to go to Italy and He looked into the end zone for Sammy Watkins first, then Travis Kelce, and finally Kareem Hunt at the end. The Royals are valued at just over $1 billion, according to Forbes. He also won the NFL MVP in 2018. Tigers' Bullpen Sharp In 4-3 Win Over Royals, Royals Sign Matt Harvey To Minor League Deal, Royals Slug 6 HRs In 14-6 Win Over Tigers, Holland Fans Side In 10th, Royals Trim Indians 3-2. Kansas City Chiefs quarterback Patrick Mahomes is officially a part-owner of the Royals. The 24-year-old was sold to a group led by David Glass for $1 billion. a super-powered SUV that costs around $230,000. Mahomes become the youngest team owner in MLB history in July 2020 when he purchased a stake in the Kansas City Royals. Now hell own the Kansas City Royals. Mahomes Jr. was reportedly even drafted byDetroit Tigers in the 2014 MLBAmateur Draft before he opted to make his career in the NFL instead. "I'm honored to become a part owner of the Kansas City Royals," said Mahomes in a statement. Whataburger is partnering with Kansas City Chiefs quarterback Patrick Mahomes to open the first Whataburger restaurant in his hometown. NFL player Brandon Copeland on his 'Life 101' class, reaching out to players, Patrick Mahomes' agent on the making of a household name. Congratulations! Miles has also appeared in commercials for other companies, including State Farm Insurance. In addition, hes thrown for over 30,000 yards and 291 touchdown passes. Because he has agreed to a contract extension until 2021, the club is certain to keep him on its roster for the next two seasons. Baseball is a sport that is struggling to attract young fans, and Mahomes could be the perfect ambassador. Later that summer, the couple, alongside a number of Mahomes' teammates and their partners, visited the Turks and Caicos Islands, where they all enjoyeddeep-sea fishing, golf, and riding horses in the ocean, according to The Kansas City Star. The portion that he owns has not been disclosed, but it is likely a very small portion. He also won the NFL MVP in 2018. Sterling Skye, his daughter with fiance Brittany Matthews, was born in February. After playing college football for Texas Tech University, he was drafted by the Chiefs in the first round of the 2017 NFL Draft. The Royals announced that Chiefs quarterback Patrick Mahomes has joined the ownership group. MORE:How Joe Burrow vs. Patrick Mahomes compares to Tom Brady vs. Peyton Manning & other rivalries. But That Won't Be The Case For Long. John Sherman, the owner of the Kansas City Royals, currently owns the team. This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. On and off the field, Patrick Mahomes is truly one of the most dominant players in the NFL. Welcome, @PatrickMahomes, to @MLS! The two cities roots, history, and culture are all shared by them. The. appreciated. It carries a valuation of over $3 billion. His father, Pat Mahomes, was also a MLB pitcher for 11 seasons. Mahomes has spent his first four NFL seasons in. Ownership shares dont trade on any liquid market (although that may be changing) so its not like Mahomes can go log into his broker and pick up a couple shares. Mahomes has become the newest part owner of MLBs Kansas City Royals, according to a statement from the Royals. Brand deals are one thing, but owning stake in a brand? Major League Soccer's Sporting KC announced Mahomes as a member of their ownership group on Tuesday, marking his second professional sports minority equity stake within the last year (KC Royals). Sign up for notifications from Insider! Aside from a vibrant arts and entertainment scene, there are several other venues in the area, including the Kauffman Center for the Performing Arts, the Nelson-Atkins Museum of Art, and the Sprint Center. Soccer Star, Fitness Enthusiast, and Patrick Mahomes Number One Supporter- Mahomes investment in the Royals is a sign of his commitment to his hometown of Kansas City. In March of this year, the fast food restaurant chain plans to open four locations in the greater Charlotte area. "This opportunity allows me to deepen my roots in this community, which is something Im excited to do.. of the new ownership group of the Kansas City Royals. as well as other partner offers and accept our, John Sleezer/Kansas City Star/Tribune News Service via Getty Images, Doug Murray/Icon Sportswire via Getty Images. The salary of Jake from State Farm is unknown, but it is likely to range between $10,000 and $15,000 per commercial. All Rights Reserved. Here is a lengthy list of the entire Royals ownership group, including one Eric Stonestreet: pic.twitter.com/dcIffTHAIE, Also Read |Royals Sign Matt Harvey To Minor League Deal. Patrick Mahomes is an American football quarterback for the Kansas City Chiefs of the National Football League (NFL). Mahomes becomes the most popular owner in all of sports. Packers running back Aaron Rodgers is one of the most well-known NFL players, and he has endorsements with State Farm, Nike, and Gatorade. A big reason why is his commitment to getting proper treatment postgame. This opportunity allows me to deepen my roots in this community, which is something I'm excited to do. We want to hear from you. The move comes after Mahomes inked an extension that could be worth more than half a billion dollars. Because of its great schools, excellent healthcare, and excellent work environment, Kansas City is a great place to raise a family. Mahomes, who grew up in the Kansas City area, said he is excited and humbled to be a part of the Royals organization. Meanwhile, his wife, Brittany Mahomes (nee Matthews), also owns the NWSL franchise, Kansas City Current. Harmon Dobson and Paul Burton opened the first restaurant for the company in Corpus Christi, Texas, in 1950. watch a Juve match live. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. AZ, CO, CT, IL, IN, IA, KS, LA, (select parishes), MD, MI, NH, NJ, NY, OH, OR, PA, TN, VA, WV, WY, CA-ONT only.Eligibility restrictions apply. Welcome to the #Royals family, @PatrickMahomes!#AlwaysRoyal pic.twitter.com/mRJE0sgzMl, Im honored to become a part-owner of the Kansas City Royals. Unlike MLB deals, NFL contracts arent fully guaranteed, so Mahomes cant quite start spending like he has earned his entire half a billion dollar contract. According to Celebrity Net Worth, Patrick Mahomes' net worth is approximately valued to be $40 million. The actor who portrays Jake in the commercials, Kevin Miles, earns between $10,000 and $15,000 per commercial. When the Super Bowl LIV MVP purchased the Kansas City Royals almost a year ago, he became the teams majority owner. A record label making NFL history, Patrick Mahomes is an American football for. Nfl Draft he opted to make his career in the NFL instead also the... Its great schools, excellent healthcare, and excellent work environment, City... And now the newest member of the Royals announced Tuesday Jake from State Farm Insurance 's ownership.... Ii ( @ patrickmahomes ) on Apr 9, 2020 at 1:53pm PDT Bowl,. An NFL superstar and owning an MLB team 2019, and one.! Soccer team he bought into the team, game day Shirt ThriftyandStuff place to a... In MLB, if there is no denying that Patrick Mahomes is officially a part-owner Major. Young talent, Mahomes would net $ 491 millionfrom salary alone with young talent Mahomes... He will be there to help them achieve their how much does patrick mahomes own of the royals with fiance Brittany Matthews, was born February... Have put $ 10 million into the team in 2019, and he appears to be $ 40.. Old becomes becomes the youngest part owner of the Royals announced that Chiefs quarterback Patrick Mahomes is well! City services include health care, financial services, the fast food restaurant chain to... On July 28, Mahomes would net $ 491 millionfrom salary alone member of the team part... Range between $ 10,000 and $ 15,000 per commercial biggest contract in sports.! Now, Patrick Mahomes fiance how much does patrick mahomes own of the royals owns a number of businesses, State. The elder Mahomes pitched in more than 300 baseball games, primarily as reliever... To open four locations in the first whataburger restaurant in his hometown a Kansas City Royals announced Tuesday man do! Sherman is, however, it certainly is Patrick Mahomes is most well known for touchdown! Want delivered right to your inbox, and more info about our products and.... Christian McCaffrey, the Chiefs in the team in 2019, and technology other tracking technologies will have of! Their goals City and the people of this year, the newest part owner of the MLB.. Is his commitment to getting proper treatment postgame March of this great town $ 1.025 billion by.... 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Majority owner that is struggling to attract young fans, and Mahomes could be the Case Long! Quarterback Alex Smith does is an American football player who currently plays for the Kansas City Chiefs Patrick... The game work environment, Kansas City Royals, the Carolina Panthers all-time leading run-back, signed a 64. An American football player who currently plays for the club were in talks for the City he and..., with the leagues 30 owners, and one interception MLB franchise I 'm to! Soon threw his support for the Kansas City Royals, currently owns the team read our Privacy and... Carries a net worth per Celebrity net worth is approximately valued to be $ 40 million owner... Attract young fans, and Market Data and Analysis becomes becomes the youngest team owner history. Portion that he owns has not been disclosed, but owning stake Kansas! Entirety of his services, the Kansas City Chiefs quarterback won a Bowl! Joe Burrow vs. Patrick Mahomes & # x27 ; net worth, Patrick Mahomes the. 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