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Chiefs, Patrick Mahomes agree to 10-year,
$503M extension Kansas City will get to watch Patrick Mahomes sling the pigskin for the next dozen seasons.
The Chiefs and the quarterback reached an agreement on a 10-year contract extension that will keep the Super Bowl Most Valuable Player in K.C. through the 2031 season, NFL Network's Michael Silver reported, per a source informed of the deal. It is worth a colossal $503 million with $477 million in guarantee mechanisms which gives Mahomes the ability to have outs if the mechanisms are not exercised, NFL Network Insider Ian Rapoport and NFL Network's Tom Pelissero reported.
It is the largest contract in sports history as Mahomes becomes the first athlete with a half-billion-dollar contract and the first NFL player to be the highest-paid athlete in the sports world.
Highest Total Value of Contract
Sports History (per Forbes)
Years Total Value
NFL Patrick Mahomes * *10 * *$450.0M
BOX Floyd Mayweather 2.5 $450.0M
MLB Mike Trout 12 $426.5M
BOX Canelo Alvarez 5 $365.0M
MLB Bryce Harper 13 $330.0M
MLB Giancarlo Stanton 13 $325.0M
MLB Gerrit Cole 9 $324.0M
MLB Manny Machado 10 $300.0M
https://www.nfl.com/news/chiefs-patrick-mahomes-agree-to-10-year-contract-extension
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