The Kansas City Current are now worth $325 million. That's a $50 million jump in a single year, and it makes the Mahomes-backed club the second most valuable team in the entire NWSL.
Patrick and Brittany Mahomes came on board as co-owners in 2023, alongside Angie Long and Chris Long. At the time, it was a headline-grabbing move — Patrick became the first active NFL player to hold an ownership stake in an NWSL franchise. But the investment was always more than a PR play. Brittany played professionally in Iceland before stepping away, and this was a genuine buy-in to women's football as a long-term project.
The valuation gap closing fast
Only Angel City FC sits above them now, valued at $340 million. The gap between first and second is $15 million — not much, considering Kansas City was at $275 million just a year ago.
The club's stated ambition is to become "the best women's football club in the world." That's the kind of line that usually ages badly. But the financial trajectory here is hard to argue with. A franchise that didn't exist a few years ago is now competing in the same valuation bracket as one of the most high-profile women's sports organizations in America.
On the pitch, the Current are currently sitting 14th in the NWSL standings — so the on-field product hasn't caught up with the balance sheet yet. That gap between commercial value and competitive performance is the real story. The infrastructure and investment are clearly there. The results need to follow.
What the numbers actually mean
A $325 million valuation for a women's football club in 2026 isn't just a feel-good story about celebrity ownership — it reflects a genuine shift in how investors and markets are treating women's sports. NWSL franchise values have climbed sharply across the board, and Kansas City sitting near the top of that list signals the league is no longer a niche bet.
For context: the Mahomes bought into a project when it was worth considerably less. The $40 million increase in the last 12 months alone suggests the floor on these valuations keeps rising.
The club's own message frames it simply: they came in committed to "do it right, for the players and for the city." Whether the league table eventually reflects that commitment is the next question worth watching.
