NFL star Travis Kelce is taking a big swing at his next business venture.
The Kansas City Chiefs tight end has become a huge fan of golf in recent years, taking part in a number of celebrity tournaments.
5
Travis Kelce is in talks to become a golf course investorCredit: Getty
5
The Kansas City Chiefs star is set to invest $8m in the projectCredit: Getty
5
Kelce took part in the American Century Championship in Nevada this summerCredit: Getty
According to a well-placed source, Kelce is now in talks to invest in a series of golf courses in the United States, Caribbean and Europe.
The investment group plans to buy land to build luxurious new golf courses in these three geographic areas.
There are also plans to enhance existing courses by modernizing them or developing the surrounding land.
Kelce will invest around $8 million into the project, per the source, with the goal to invest more in the coming years.
The total project is estimated to cost $140 million over the next five years.
“Travis is turning into a serious and successful entrepreneur,” says one person close to Kelce’s entourage.
“And he always has new ideas and is being approached by a lot of people and businessmen to join and invest in different fields, to extend his already very profitable portfolio.
“He got approached not that long ago by a couple of people that own golf courses in many countries around the world, and he is really interested in joining them.”
Kelce has displayed his love of golf by playing the American Century Championship celebrity tournament in Lake Tahoe, Nevada, with his brother Jason in July.
Last year, he took part in made-for-TV event The Match with Chiefs teammate Patrick Mahomes alongside then Golden State Warriors duo Stephen Curry and Klay Thompson.
And Kelce, who is dating pop megastar Taylor Swift, sees the value of golf from a business perspective as he looks to add to his investment portfolio.
“He knows that golf is a sport that is always going to be one of the most played in the world and you can make a lot of business by playing golf and hanging out on the course with many successful entrepreneurs that love the sport and to network,” the source added.
“This is the kind of project that Travis gets enthusiastic about, and he is really looking forward to get this project going.”
This will be the latest business venture for Kelce, who recently teamed up with gymnastics superstar Olivia Dunne to share some advice that inspired them.
The star duo are both ambassadors for Accelerator energy drink.
The U.S. Sun reported in June that Kelce wants to diversify his business and become part of the hotels and resorts industry.
‘An awesome person’
Travis Kelce has teamed up with Olivia Dunne for a new career venture.
The NFL tight end is filming commercials with the superstar gymnast for energy drink Accelerator.
Kelce was asked about his acting career in an interview with Good Morning America.
“Got Livvy Dunne in the building,” Kelce said.
“LSU gymnast, absolutely an awesome person. She’s down there making Accelerator look amazing.”
According to sources, Kelce is in the process of becoming an ambassador for a number of high-profile resorts around the world.
“Travis is a dynamic guy that wants to invest in things that he loves, and where he thinks that he will make very good business,” a person close to Kelce’s entourage said.
“He has been talking for many months now that hotels and resorts are a target for him.
“There have been talks with many groups in the recent weeks to have him get on board as a shareholder and even an ambassador for some groups that have hotels and resorts all over the world, like many beach places like the Bahamas, Thailand, some Greek Islands and Barbados for example.”
Kelce would receive a large compensation package centered around an advertisement campaign for the resorts.
5
Kelce also took part in made-for-TV special The Match last yearCredit: Getty
5
The NFL star is looking to further expand his business portfolioCredit: Getty
He would also be awarded shares in the company to help him learn about the resorts business.
Kelce and Mahomes are also part of a business consortium plowing $30 million into a steakhouse business.
And according to a source close to the three-time Super Bowl winner, Kelce has been inspired by his love of Italy to open his own pizza joint.
He hopes to open primarily in Kansas City, before expanding in Chicago, New York City, Miami, Los Angeles, San Francisco, and Detroit.
Kelce, says the insider, will put $2 million of his own money into the plans, with the aim of the investment group adding another $3 million.
The NFL star has recently made a move into acting and looked to expand his New Heights podcast as he seeks a lucrative post-NFL career.
News
‘The Voice’ recap: Reba McEntire, Snoop Dogg and Michael Bublé vie to steal contestant after near-perfect performance
Reba McEntire and Snoop Dogg on “The Voice.” (Tyler Golden/NBC via Getty Images) Night 3 of The Voice Battle Rounds featured six head-to-head showdowns, two coach “steals” and one very unexpected cliffhanger. Twelve talented Voice hopefuls faced off on Monday’s episode, hoping to…
Team Gwen’s Austyns Stancil Earns a Rare Triple Steal on The Voice After Losing the Battle Round
Austyns Stancil isn’t going anywhere! On Monday, Oct. 28, Stancil went head-to-head with fellow Team Gwen contestant Jose Luis during The Voice battle rounds — and though he wasn’t Stefani’s pick, all the three coaches made moves to keep him in the competition. For their…
The Voice’s furious fans call out ‘mean’ producers after shock end to Monday’s show
The Battle Rounds continued on Monday’s episode of The Voice, though producers made fans quite furious with a shocking cliffhanger. The final battle round of the night was two singers from Gwen Stefani‘s team, Jose Luis and Austyns Stancil, who both got…
Gwen Stefani bonds with sons Zuma, 16, and Apollo, 10, after her ‘unrecognizable’ transformation on The Voice
Gwen Stefani looked every inch the doting mother while out in Los Angeles with her sons on Sunday. The No Doubt singer, 55 — who was recently spotted shopping for Halloween essentials — looked age defying and flaunted her slender figure while arriving to her son…
Johnny Depp shows off megawatt Hollywood smile after teeth transformation
ohnny Depp has undergone a Hollywood glow-up and transformed his teeth. The Pirates of the Caribbean actor, 61, stepped out in Italy this week, where he not only received a lifetime achievement award at the Rome Film Festival for his long-running…
Watch Kelly Clarkson’s Chilling Performance of the Dolly Parton Song She Says Should Never Be Covered
Kelly Clarkson has a reputation for delivering out-of-this-world covers on her TV show. Sometimes, one could argue that her Kellyoke covers are better than the original songs. However, even Clarkson has songs that she believes no one should cover. Among those…
End of content
No more pages to load