Travis Kelce buys minority stake in Cleveland Guardians

Kansas City Chiefs star Travis Kelce has purchased a minority ownership stake in Major League Baseball's Cleveland Guardians, the franchise he grew up watching in his hometown. The 36-year-old tight end confirmed the investment, which sees him join an exclusive group of active athletes with ownership interests in MLB teams.

In a statement, Kelce expressed deep affection for Cleveland, crediting the city for his success. He described himself as a kid from the Heights living the dream and said every good thing in his life stems from being raised there. He emphasized his intention to observe, learn, and support the team and the city in his new role as a minority investor.

The financial details of Kelce's stake were not disclosed, but the Guardians franchise is currently valued at approximately $1.7 billion. Kelce, whose net worth is estimated in the tens of millions, joins an ownership group whose primary owners are David Blitzer and Paul Dolan.

This move marks a return to baseball for Kelce, who was a standout player at Cleveland Heights High School. He recalled batting .588 with six home runs during his high school career and said baseball was the sport where he initially received...