Sources: Chiefs’ Patrick Mahomes Set to Earn Over $500 Million in Revised Contract
The Kansas City Chiefs have restructured Patrick Mahomes’ contract, extending it by two years through 2033, making it worth $504.75 million—the first NFL deal exceeding half a billion. This includes $239.05 million in new money and guarantees for the first four years. Mahomes can earn up to $522.25 million with incentives. The deal averages $64 million annually, setting a record. Chiefs executives praised Mahomes for his contributions on and off the field while expressing confidence in his recovery from a season-ending injury. This agreement reflects the Chiefs’ commitment to maintaining their competitive dynasty.
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