Travis Kelce Becomes Minority Owner of Cleveland Guardians, Expanding His Investment Portfolio

Kansas City Chiefs tight end Travis Kelce has officially entered the world of Major League Baseball ownership, joining the Cleveland Guardians as a minority stakeholder. The announcement was confirmed by the team, marking a significant milestone in Kelce’s growing list of business ventures beyond football.

While the exact financial terms of the deal have not been disclosed, the move positions Kelce among a growing number of active athletes investing in professional sports franchises. The Cleveland Guardians, currently valued at approximately $1.7 billion, have not revealed the size of his stake, but even a small percentage represents a substantial investment.

A Hometown Connection Drives the Move

Kelce’s involvement with the Guardians carries a deeper personal significance rooted in his upbringing. Born in Westlake, Ohio, and raised in Cleveland Heights, the NFL star has long maintained strong ties to the city. His connection to the franchise dates back to childhood, when he attended games with his family during the 1990s.

In an interview with ESPN, Kelce reflected on his roots, saying,

“I have so much love for this city. I say it all the time: I’m just a kid from the Heights living the dream.”

He further credited Cleveland for shaping his character, adding that the people, values, and work ethic he experienced growing up played a major role in his success. That personal connection appears to be a key factor behind his decision to invest in the team.

Travis Kelce speaking during a media interview

Kelce Joins a Growing Trend Among Athletes

Kelce’s move follows a broader trend of athletes diversifying their careers through ownership stakes in sports franchises. His teammate, quarterback Patrick Mahomes, previously purchased a minority stake in the Kansas City Royals in 2020, setting a precedent within the NFL.

If Kelce’s investment is similar in scale, a one percent stake in the Guardians could be valued at around $17 million. While the exact figure remains unconfirmed, it highlights the level of financial commitment required to enter MLB ownership.

Beyond baseball, Kelce has already built a diverse investment portfolio. He has stakes in ventures such as Alpine Formula 1, Six Flags Entertainment, and Sleep Number, along with co-owning Garage Beer with his brother Jason Kelce.

Business Success Beyond the NFL

Kelce’s off-field success has grown significantly in recent years. Over the course of his NFL career, he has earned more than $100 million in salary alone, and his earnings have been further boosted by endorsements and media ventures.

His podcast, New Heights, co-hosted with Jason Kelce, has become one of the most successful sports podcasts, reportedly valued at over $100 million. This expanding business presence has allowed him to pursue opportunities like sports ownership while still actively playing in the NFL.

Despite a recent season in which the Chiefs missed the playoffs, Kelce’s trajectory continues to move upward both professionally and financially.

Limited Role but Strong Support

While Kelce is now part of the Guardians’ ownership group, his role will not involve direct decision-making on team operations. Instead, he emphasized that his focus will be on learning and supporting the organization.

“I’m here to observe and learn and really to support the team and the city when and where I can,”

Kelce said in the same ESPN interview.

This approach is typical for minority owners, particularly those who are still active athletes. It allows them to gain experience in sports management without taking on day-to-day responsibilities.