Patrick Mahomes agrees to equity deal with performance tech company Hyperice

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The Kansas Chiefs quarterback will also be a brand ambassador for the fitness tech company to help expand global brand exposure.

Mahomes joined performance recovery technology companyas an investor and brand ambassador, the company announced. Terms of his equity stake were not made available.

Mahomes will use his name and image to "further accelerate" Hyperice in the "recovery technology category globally." He will also increase brand awareness of Hyperice's "newly launchedconnected technology devices and data-driven digital ecosystem," the firm said in a release.

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Smart. Equity deals are far superior.

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