Patrick Mahoms has agreed to an equity deal with Hyperis


Patrick Mahoms of Kansas City Chiefs # 15 watches before the Super Bowl LIV on February 02, 2020 at Hard Rock Stadium in Miami, Florida.

Ronald Martinez | Getty Images

Patrick Mahoms is on the winning streak.

After days of Kansas City Chiefs quarterbacks helped boost ESPN’s Monday Night Football .l ratings and announced that she was expecting her first child, Mahoms received a second private investment on Thursday.

The company announced that Mahoms has joined Performance Recovery Technologies Company G Hyperis as investors and brand ambassadors. The terms of its equity stake were not made available.

Hyperis was founded by Anthony Katz in 2010. The company uses “percussion, vibration and thermal technology” in its recovery and fitness devices and builds a hypervolt massage device.

Mahoms will use his name and image to “accelerate” Hyperis in the “Global Recovery Technology Class”. He said Hyperis’s “newly launched Hypersmart Connected Technologies devices will also raise brand awareness about devices and data-driven digital ecosystems,” the company said in a statement.

“I have used Hyperis throughout my career as a tool part of my overall training and recovery routine to make sure I was at my peak on the day of the game,” Mohams said in a statement. He said the partnership provides him with the tools to “speed up my recovery time” after playing football.

In March, Hyperis acquired a popular compression system called Normatech, which helps athletes recover muscle tissue, as it looks to increase its market share in the sports technology market, which is projected to reach 30 billion by 2024. Hyperis CEO Jim Heuther told CNBC that the company expects to double its revenue to 100 100 million in 2019.

The company also agreed a deal with the National Basketball Association to take over the league’s “Facial Recovery Technological Part G Partner” sponsorship slot. .

Athletes and fans try out the Normatech recovery system before the Ironman St. George Utah 70.3 North American Pro Championship on May 03, 2019 in St. George, Utah.

Gregory Sheamus | Getty Images

Hyperis is one of the fastest growing health and wellness categories, with recovery technology and alignment with Patrick, Heuther said in a statement.

“Patrick is the NFL’s most dynamic and versatile young talent. Being on the field, he is impressive, his investment and advocacy of Hyperis demonstrates his forward-thinking approach to further success in the field.”

Mahoms has new deals in 2020. In July, Super Bowl LIV MVP signed a 10-year, 500 500 million expansion with the Chiefs and became a minority owner in the Royals franchise of Major League Baseball. Mahoms has also become an equity partner in sports nutrition company Biosteel and has sponsorship deals with State Farm, Adidas, Coca-Cola and Oakley.

Mahoms returned to the field this Sunday for the second national game against Cam Newton and the New England Patriots.

.