The Kansas City Chiefs and quarterback Patrick Mahomes have reached an agreement on a major restructuring of his long-term contract, according to @AdamSchefter of ESPN.
The news broke Thursday morning when Schefter posted a cryptic "O(M)G" message alongside a link to the quarterback's original record-setting extension. While the specific financial terms of the new agreement have not yet been made public, the restructure is reportedly designed to provide the Chiefs with significant salary cap flexibility heading into the 2026 season.
This latest move follows a series of market-shifting contracts across the league and reinforces Mahomes' position as the cornerstone of the Kansas City franchise. The three-time Super Bowl MVP originally signed a 10-year pact in 2020 that was set to run through the 2031 season. This new adjustment comes as teams across the NFL begin their mandatory minicamps and look to finalize their rosters for the upcoming year.
This is a developing story. Check back for updates.
Sources & Original Reporting