The Kansas City Chiefs and quarterback Patrick Mahomes have agreed to terms on a massive 10-year contract extension, according to Ian Rapoport of NFL Network.
The extension is reportedly worth up to $503 million, marking one of the largest contracts in the history of professional sports. The deal includes $477 million in guarantee mechanisms and ties the superstar quarterback to Kansas City through the 2031 season. Combined with the two years remaining on his previous contract, Mahomes is now under contract with the Chiefs for the next 12 seasons.
Mahomes, a former NFL MVP and Super Bowl MVP, has led the Chiefs to consecutive AFC Championship appearances and a world championship. This landmark agreement ensures that the franchise cornerstone remains the centerpiece of the organization for the foreseeable future.
According to Rapoport, the contract features significant injury guarantees, including $141 million that protects the quarterback. The deal resets the market for the quarterback position and sets a new precedent for long-term player commitments in the NFL.
This is a developing story. Check back for updates.
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