The Kansas City Chiefs have rewarded superstar quarterback Patrick Mahomes’ patience with a contract restructure that includes $210.6 million guaranteed money.
According to ESPN’s Adam Schefter, the reworked contract will see Mahomes earn $210.6 million between 2023 and 2026. This is the most money an NFL player has received in a four-season span.
Mahomes’ agent Chris Cabott told Schefter that Chiefs and his client will revisit the contract once again after the 2026 NFL season wraps up.
Mahomes signed a $503 million, 10-year extension with the Chiefs back in 2020. The agreement was uniquely constructed so the Chiefs could get salary cap flexibility to surround Mahomes with quality players while still recognizing his status as arguably the best player in the game.
While the original extension made Mahomes the highest-paid player in the NFL, he has since slipped to eighth place following a number of big-money extensions that other star quarterbacks received. This prompted the Chiefs to ensure Mahomes doesn’t feel underpaid by bringing his average annual salary to $52.6 million. He still remains under contract with the organization through the 2031 season.
Mahomes won the NFL MVP award last season while guiding the Chiefs to a Super Bowl win. However, he has had a slow start to the 2023 campaign, completing 62.5 percent of his passes while throwing for 531 yards, four touchdowns, and two interceptions.
