Report: Patrick Mahomes, Chiefs agree to first NFL deal worth over $500M
NBC Sports • • general
Key Points:
- Patrick Mahomes has agreed to a reworked contract with the Kansas City Chiefs that extends through 2033, making it the first NFL deal valued over $500 million at $504.75 million.
- The new contract includes $239.05 million in new money starting in 2026, with the first four years guaranteed at signing, and can reach up to $522.25 million with incentives and escalators.
- Mahomes’ deal averages an NFL-record $64 million per year starting in 2027, solidifying his status as one of the highest-paid players in the league.
- Despite suffering a torn ACL last December, Mahomes is recovering well and has progressed to 7-on-7 drills, aiming to return for Week 1 of the upcoming season.
- Chiefs owner Clark Hunt praised Mahomes as a generational talent and key figure in the franchise’s success, highlighting his leadership, championships, and community impact.