Chiefs sign Patrick Mahomes to restructured contract worth more than $500m

Quarterback has two years added to his deal Contract will last until Mahomes is 38 The Kansas City Chiefs and their starting quarterback, Patrick Mahomes, have agreed to a restructured contract that adds two years to his deal and pushes his total compensation past a half-billion dollars, according to sources. Mahomes signed a 10-year, $450m contract in 2020 that set a benchmark not only for the quarterback position but for any NFL player. The latest extension ties the two-time MVP to the Chiefs through the 2033 season, when Mahomes will be 38, and it comes in at $504.75m, with incentives and escalators that could push the value beyond $520m. Continue reading...

Associated Press · Wed, Jun 10, 2026, 2:32 PM
US news | The Guardian

Chiefs sign Patrick Mahomes to restructured contract worth more than $500m

Quarterback has two years added to his deal
Contract will last until Mahomes is 38

The Kansas City Chiefs and their starting quarterback, Patrick Mahomes, have agreed to a restructured contract that adds two years to his deal and pushes his total compensation past a half-billion dollars, according to sources.

Mahomes signed a 10-year, $450m contract in 2020 that set a benchmark not only for the quarterback position but for any NFL player. The latest extension ties the two-time MVP to the Chiefs through the 2033 season, when Mahomes will be 38, and it comes in at $504.75m, with incentives and escalators that could push the value beyond $520m.

This page shows an excerpt; reporting belongs to the original publisher. Some images or embeds may be omitted compared with the live article.