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Companies Owned by Jason Kelce: Stakes, Investments & Exits

Last updated: Nov-2026
Net worth $60 million Co-owner and InvestorMedia, Beverages, Consumer productsAmerican
Overview

Portfolio Overview

3Controlled companies
3Minority holdings
$60 millionNet worthOct-2026

Ownership & Control Structure

Jason Kelce
Personal investments
Garage Beer
New Heights Holdco LLC
Winnie Capital
Sullivan County Golf Club
Winnie Capital
HOMAGE
Hank Sauce
New Heights Holdco LLC
New Heights
Holding entities
Holding EntityTypePurpose
Winnie CapitalFamily officeFamily business investments
New Heights Holdco LLCMedia holding companyPodcast intellectual property

What Companies Does Jason Kelce Own?

Jason Kelce's business interests include Garage Beer, New Heights Holdco LLC and Winnie Capital. He and Travis Kelce became significant owners and operators of Garage Beer in June 2024, joining the existing business rather than founding the beer brand from scratch. New Heights Holdco LLC is the brothers' jointly owned company holding intellectual property associated with their podcast. Winnie Capital is the family investment vehicle through which Jason and Kylie Kelce have participated in consumer businesses outside his former playing career.

Those investments include HOMAGE, the apparel company that announced Kelce's participation in its October 2024 growth financing, and Hank Sauce, the New Jersey hot sauce business he backed in December 2025. He also became a co-owner of Sullivan County Golf Club in 2025, joining a group connected with Tom Coyne and Bill Murray. The golf investment gives him an interest in a physical recreational business, while the apparel and sauce positions connect capital to established products and management teams.

The podcast's 2024 agreement with Amazon's Wondery covers distribution and advertising rights. It does not mean Amazon purchased the brothers' holding company or that the entire reported contract value became Jason's personal annual salary. Garage Beer has its own financing history: institutional investment in 2025 was reported at a $200 million company valuation, and Tiger Finance announced a $20 million revolving credit facility in October 2026. Those amounts describe the business and its financing rather than a personal payout to Kelce.

We see the Garage Beer investment as part of a transition from athlete income toward owned media and consumer products. The podcast supplies an ongoing audience relationship, beer offers a repeat-purchase product, and smaller investments extend into clothing, food and golf. His ESPN work remains an employment and media relationship rather than ownership of the network. The combination gives Kelce several commercial channels after football, but each depends on execution beyond his public popularity: reliable production, attractive products, distribution and operating teams that can turn attention into durable customer demand.

Portfolio Analysis

Kelce's portfolio combines an audience business with products that can be sold repeatedly to that audience and to customers who do not follow football. New Heights provides regular engagement, while Garage Beer turns brand recognition into a physical purchase. The two activities can reinforce visibility without being the same company or sharing all their economics. We see this distinction as a strength: media can reach people nationally, but a beer purchase still depends on local availability, pricing and whether the consumer likes the product.

The smaller holdings add product variety. HOMAGE sells apparel with a recognizable sports and cultural identity, while Hank Sauce competes through flavor and retail distribution. Both can benefit from Kelce's visibility, but their founders and operating teams remain central to product development and customer service. These investments do not require the family to establish factories or retail operations from the beginning. They instead place capital behind businesses that already possess a product, a customer base and an organization capable of pursuing expansion.

The Sullivan County Golf Club stake brings a location-based business into the mix. A golf property earns through use of a physical course and related facilities, making weather, maintenance and the local customer experience commercially important. Its investment profile differs from a podcast that can add listeners without adding another fairway. The club also offers a tangible connection to Kelce's interest in golf after football. Personal enthusiasm can support involvement, but the asset still needs sound operating decisions and sufficient demand to support its upkeep.

Garage Beer's institutional financing shows how quickly a celebrity-associated brand can require more than promotional support. The 2025 investment and 2026 credit facility supplied resources for a growing operation, while also introducing outside capital relationships. The portfolio's overall resilience depends on whether these businesses retain customers after the initial publicity. Kelce has several routes to reach buyers, yet his strongest long-term position would come from products and media that customers choose on their own merits, allowing commercial activity to continue even when his personal promotional schedule becomes less intensive.

Business Profile

Kelce spent his entire NFL playing career with the Philadelphia Eagles before retiring in 2024. Football supplied substantial earned income, a strong regional following and a public identity associated with authenticity and accessibility. Those advantages created opportunities after the playing career, but his ownership activities do more than license his face to advertisers. The important shift is toward businesses in which he participates economically as an owner, including a media property created with his brother and consumer companies with their own operating organizations.

New Heights launched in September 2022 while both brothers were active players. The format brought their shared football experience and family relationship into a recurring media product. We see the business significance in that recurring audience: listeners can return weekly even when a single endorsement campaign has ended. The brothers’ New Heights Holdco LLC holds the associated intellectual property, giving the brothers an ownership structure around the brand. The 2024 Wondery agreement then supplied a major distribution and advertising partner for the growing show.

Garage Beer offered a different route into business in June 2024. Jason and Travis joined a brand with an existing product and management history, taking significant ownership and operating involvement. Their public personas fit the brand's informal positioning, which helps make promotion feel connected to the product. That fit does not replace the practical work of expanding beer distribution. Retail availability, production capacity and consistent execution determine whether customers can purchase the product again after encountering it through the brothers' audience.

Winnie Capital organizes a further part of the family's investing activity. Its participation in HOMAGE and Hank Sauce links the Kelces to apparel and food businesses with established founders and customers. Sullivan County Golf Club adds a recreational property interest. These choices reflect familiar interests and regional connections rather than a broad institutional fund mandate. Kelce's business profile is therefore unusually tied to his public character, but the ownership structures allow value to accumulate in organizations and products that can continue operating beyond any one broadcast appearance or advertising assignment.

Ownership

Controlled Businesses

Companies Currently Owned or Controlled

  • Garage Beer
  • New Heights Holdco LLC
  • Winnie Capital
Companies currently owned or controlled
CompanyRelationshipRoleSince
Garage BeerShared operating ownershipCo-owner2024
New Heights Holdco LLCShared founder ownershipCo-owner2022
Winnie CapitalFamily investment vehicleCo-owner2024

Control & Capital Allocation Analysis

The legal vehicle New Heights Holdco LLC provides the clearest legal expression of Kelce's shared media ownership. A 2026 WIPO decision identifies Jason and Travis as co-owners and the company as the holder of New Heights trademark rights. The brothers' control therefore concerns an identifiable business asset rather than merely their appearances as podcast hosts. Wondery's role is contractual distribution and advertising. The agreement can expand monetization while leaving the underlying ownership structure distinct from the company supplying those commercial services.

Garage Beer involves shared responsibilities with other owners and operators. The Kelces joined in 2024 with significant ownership and active involvement, while the business also relies on experienced management and financing partners. We consider this arrangement more demanding than a sponsorship because the brothers have an interest in the company's overall performance. Product availability, expansion spending and brand consistency affect their equity position. Public enthusiasm for the beer is useful, but the owners also depend on the less visible systems that deliver it reliably to customers.

Winnie Capital places investment decisions within a family vehicle. Its holdings in HOMAGE and Hank Sauce are minority positions in businesses led by their own teams. Kelce can contribute awareness and relationships without becoming the daily manager of apparel sourcing or sauce production. That separation helps preserve capacity for his media work and other commitments. It also means that investment outcomes depend on decisions made by managers outside the family office, making the choice of partners important when capital is committed.

The Sullivan County Golf Club investment adds another shared ownership arrangement. A group of owners can contribute money, attention and relationships, but the course still requires an operating organization with responsibility for maintenance and guest experience. Across his portfolio, Kelce's control is strongest in the media property he created and more collaborative in product and property businesses. The practical allocation challenge is balancing the time required by each role. A growing audience creates many opportunities, but taking an equity position makes the consequences of selecting the wrong operating partner more lasting than an unsuccessful advertising campaign.

Investments

Minority Stakes, Investments & Brands

3Minority stakes
1Brand or product line

Minority Ownership Stakes

  • HOMAGE
  • Hank Sauce
  • Sullivan County Golf Club
Minority ownership stakes
CompanyRoleSinceStatus
HOMAGEInvestor2024Active
Hank SauceInvestor2025Active
Sullivan County Golf ClubCo-owner2025Active

Brands, Products & Licensing

New Heights Holdco LLC
  • New HeightsMedia brand
Brands, products and licensing
NameTypeLegal Owner or RelationshipStatus
New HeightsMedia brandNew Heights Holdco LLCActive

Minority-Stake & Investment Analysis

HOMAGE's October 2024 growth financing brought Kelce into an established apparel company rather than a newly invented celebrity clothing line. HOMAGE had already become an authorized New Heights merchandise licensee in December 2022, with early sales reaching six figures within weeks. The investment therefore deepened an existing commercial relationship. Licensed shirts and sweatshirts connect podcast listeners with a physical product, while the company still needs to manage design relevance, stock availability and margins across its wider apparel catalog.

Hank Sauce adds a different consumer exposure through Winnie Capital's December 2025 investment. The New Jersey company connects naturally with Kelce's longstanding ties to the region, but repeat demand depends on the product rather than geography alone. We see the appeal in backing a business whose founders have already established a recognizable offering. Expansion can benefit from new awareness and capital, while preserving the flavor and customer loyalty that made the company attractive before a prominent investor became associated with it.

His participation in Sullivan County Golf Club extends the investments into a physical leisure asset. The 2025 ownership participation joins personal interest with a business that must attract players and maintain a course. Unlike apparel that can be shipped nationally, golf demand is constrained by location and the capacity of the property. Improvements can enhance the customer experience but require capital and careful sequencing. The investment's value therefore depends on both the appeal of the course and the discipline with which its owners fund and operate it.

Garage Beer's financing illustrates the demands of scaling a larger consumer position. The company's $20 million Tiger Finance revolving facility, announced in October 2026, supports working capital rather than representing a new personal investment of that amount by Jason. Access to credit can help a business manage inventory and growth, but borrowed money also brings repayment obligations. Together with the institutional capital raised earlier, it gives the brand more resources while making execution increasingly important. Kelce's investment portfolio is strongest where his involvement complements an operating team rather than becoming a substitute for one.

Deals

Transactions, Acquisitions & Exits

2Acquisitions

Deal Activity Timeline

Acquisition
Garage Beer
Co-buyer of equity | Completed
2024
Acquisition
Sullivan County Golf Club
Co-investor in acquisition | Completed
2025

Acquisitions Led or Financed

Acquisitions led or financed
AcquisitionYearRoleOutcome
Garage Beer2024Co-buyer of equityCompleted
Sullivan County Golf Club2025Co-investor in acquisitionCompleted

Transaction & Exit Analysis

Kelce's move out of professional football in 2024 was a career transition without any sale of Eagles equity or an ownership exit from the franchise. He was an employee and player, not the team's controlling shareholder. That distinction matters because the capital supporting his subsequent investments came from earnings and commercial activity rather than proceeds from selling an NFL club. His business portfolio has developed primarily through new ownership entries rather than a long sequence of completed company disposals.

The Garage Beer transaction in June 2024 was an entry into an existing business. Jason and Travis acquired meaningful stakes and joined the operating team alongside existing participants. The later institutional investment changed the capital available to the company, but it does not establish that Jason sold his entire stake. We see the financing as part of building a larger operation, with the October 2026 credit facility adding another source of working capital. Continuing ownership leaves him exposed to the brand's future performance rather than closing out the investment.

Wondery's New Heights deal is also not a complete corporate sale. The agreement gives the partner distribution and advertising rights, while New Heights Holdco LLC remains the intellectual property owner identified in the 2026 domain dispute. A rights agreement can create substantial contractual revenue without transferring the company itself. That preserves a continuing ownership position for the brothers and makes future contract terms commercially important. It also means the headline deal value should not be described as a one-time acquisition payout to Jason alone.

HOMAGE, Hank Sauce and Sullivan County Golf Club represent additional ownership entries in 2024 and 2025. Their public investment announcements do not describe completed exits by Kelce. His transaction history is therefore still at an early stage: capital is being committed and businesses are being expanded rather than routinely sold. The eventual financial results will depend on operating performance, distributions and any later sale terms. For now, the meaningful development is the accumulation of stakes across media, beverages, apparel, food and recreation, with each requiring time to demonstrate its lasting value.

Wealth

Wealth, Income & Financial Trends

Net Worth & Sources of Wealth

Net Worth

Oct-2026
$60 million
Latest dated figure

Annual Income

Nov-2026
$14.25 million
Latest dated figure
Football earningsPrimary source of wealth

Wealth & Income Analysis

Celebrity Net Worth's October 2026 figure puts Jason Kelce's wealth at $60 million. His foundation was thirteen Eagles seasons, including a $14.25 million one-year contract in 2023 before incentives, followed by broadcasting and ownership interests. A football contract compensates performance over a defined period, while equity in a beer company or podcast can retain value after a season ends. We see the shift toward ownership as the central financial development of his retirement, although his broadcasting work continues to provide a separate professional income channel.

The New Heights agreement with Wondery was widely reported as worth more than $100 million over three years. That figure concerns a multiyear commercial relationship involving both brothers and the podcast business. It is not Jason's individual annual compensation. The company must support production and fulfill the agreement's obligations, and the economics are shared through the business arrangement. Retaining intellectual property ownership can also matter after the contract term, because the audience relationship and brand can support future negotiations or related commercial products.

Garage Beer's reported $200 million valuation in 2025 describes the whole company at that financing stage. Jason owns alongside Travis and other investors, so the enterprise value cannot be added intact to his personal wealth. The subsequent $20 million revolving credit line is financing for the operating business, with associated obligations. These figures show the scale of the company's development, but personal proceeds would depend on his stake and the terms of any distributions or future ownership transaction.

HOMAGE, Hank Sauce and Sullivan County Golf Club add private assets that are less liquid than cash earned from a broadcast contract. Their value depends on business performance and the conditions under which an ownership interest could eventually be sold. Kelce's finances therefore combine accumulated playing earnings, continuing media income and investments with longer holding periods. Maintaining that balance allows him to pursue business growth without requiring every venture to provide immediate cash. The portfolio's contribution to wealth will become clearer as the companies develop operating histories and, where applicable, produce distributions or completed sales.

History

Portfolio Development Over Time

Business Ownership Timeline

2011
Eagles career begins
Philadelphia drafted Kelce into the NFL.
2022-09
New Heights launches
Jason and Travis began their weekly podcast.
2024-03
Retirement from football
Kelce announced the end of his playing career.
2024-06
Garage Beer ownership acquired
The Kelce brothers became significant owners and operators of the beer business.
2024-08
Wondery agreement
New Heights entered a distribution and advertising agreement with Wondery.
2024-10
HOMAGE investment
Kelce joined the apparel company’s growth financing through Winnie Capital.
2025-05
Golf club investment
Kelce joined the Sullivan County Golf Club ownership group.
2025-09
Garage Beer institutional financing
The beer business received institutional investment at a reported $200 million valuation.
2025-12
Hank Sauce stake
Winnie Capital invested in the New Jersey hot sauce company.
2026-03
New Heights rights protected
A WIPO decision identified the jointly owned holding company and its trademark rights.
2026-10
Garage Beer credit facility
Tiger Finance announced a $20 million revolving credit facility.

Business Trajectory Analysis

New Heights began in 2022 before Kelce's final NFL season, giving him a media business that could continue beyond retirement. The brothers' shared experience made the show distinctive, while its regular schedule established a repeat audience relationship. That foundation mattered when Jason left football in 2024 because he already had an owned media platform rather than needing to build an audience from scratch. The commercial opportunity extended beyond appearances to a business with its own brand and intellectual property.

The year 2024 brought several major steps. The Garage Beer ownership transaction added an operating consumer brand, Wondery supplied a substantial podcast partnership, and HOMAGE brought a minority apparel investment. We see these moves as complementary but not identical. Beer required product distribution, the podcast required ongoing production, and apparel investing relied on another company's management. Expanding through all three routes created a broader commercial base while introducing different demands on Kelce's time, capital and willingness to remain involved.

In 2025, Sullivan County Golf Club and Hank Sauce extended the portfolio into recreation and food. Garage Beer also attracted institutional investment at a reported $200 million valuation. Those developments moved his ownership activity beyond small promotional associations and toward businesses with meaningful capital needs. Winnie Capital supplied an organizing vehicle for family investments, while the operating companies retained their own management responsibilities. The growing portfolio gave Kelce more ways to participate in business outcomes without requiring him to personally run every enterprise.

The 2026 legal record around New Heights confirms the importance of protecting the media brand, while Garage Beer's October financing shows the continuing financial requirements of expansion. The next stage is less about announcing new categories and more about execution within existing commitments. Podcast audience retention, beverage reorder rates, apparel demand and the quality of the golf experience all influence whether ownership creates durable value. Kelce's trajectory has shifted from a highly successful playing career into a collection of businesses, with long-term success depending on the operating strength behind an unusually recognizable public personality.

Ownership Misconceptions Explained

Jason Kelce received the entire New Heights deal value personally.

The reported agreement value spans several years and involves a podcast business owned with Travis. It is not an individual annual salary for Jason. Production obligations, the shared ownership structure and the contract’s commercial terms all matter to the economics received by the participants.

Tiger Finance’s credit line was a cash gift to Jason Kelce.

The revolving facility finances Garage Beer’s operating needs. It is a borrowing arrangement for the company, with obligations attached, rather than a payment to a celebrity shareholder. Available business credit should not be added to an owner’s personal net worth as free cash.

Kelce owns ESPN because he works as an analyst.

His broadcasting role is a professional relationship with the network. It does not make ESPN part of his controlled business portfolio. His actual ownership interests concern separate companies, including the podcast holding business, beer brand and investments made through his family vehicle.

All of Kelce’s investments are businesses he founded.

Garage Beer existed before the brothers’ acquisition, and HOMAGE and Hank Sauce were established by other founders. Kelce joined as an owner or investor after those businesses had products and customers. New Heights, by contrast, developed directly from the brothers’ own media collaboration.

Frequently Asked Questions

What companies does Jason Kelce own?

His ownership interests include Garage Beer, New Heights Holdco LLC and Winnie Capital, alongside investments in HOMAGE, Hank Sauce and Sullivan County Golf Club. The portfolio expanded substantially after his 2024 retirement, combining media, consumer products and a physical recreational business.

Did Jason Kelce found Garage Beer?

No. Jason and Travis joined Garage Beer in June 2024 as significant owners and operators of an existing brand. Their involvement brought new visibility and active participation, while the company already had a product, operating history and other ownership relationships.

Does Amazon own the New Heights podcast company?

The 2024 Wondery agreement concerns distribution and advertising rights. New Heights Holdco LLC remained the intellectual property owner identified in a 2026 WIPO decision, with Jason and Travis as co-owners. A commercial rights agreement is different from purchasing the entire holding company.

What is Winnie Capital?

Winnie Capital is the Kelce family investment vehicle associated with Jason and Kylie. Its investments include HOMAGE’s 2024 growth financing and Hank Sauce’s December 2025 investment announcement. Those companies retain their own operating teams and are separate from Jason’s broadcasting employment.

Is Garage Beer’s valuation Jason Kelce’s net worth?

No. The reported $200 million valuation in 2025 concerned the entire beer company. Kelce owns alongside his brother and other investors. His personal wealth also includes accumulated earnings and other interests, while the company’s financing and obligations remain separate business matters.

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