Chiefs and QB Patrick Mahomes agree to record breaking extension
Arrowhead Pride • • sports
Key Points:
- The Kansas City Chiefs have extended Patrick Mahomes' contract through 2033, adding two more years and over $239 million in new money starting in 2027.
- Mahomes' new deal raises his average annual salary to $64 million, making it the highest in the NFL, and the total contract value surpasses $504 million.
- The first four seasons of the extension are fully guaranteed, with more guarantees expected through contract mechanisms in the future.
- The extension addresses a previously expected sharp salary drop from $52.9 million in 2027 to $27.2 million in 2028, which was unlikely to occur.
- Details on the contract's structure and salary cap impact will be clarified soon, with expectations that it will reduce Mahomes' high cap hit projected for 2027.