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.

The post Chiefs’ QB Patrick Mahomes Gets $210.6 Million Guaranteed With a Contract Restructure appeared first on SportzBonanza.

2018 League MVP and this year’s Super Bowl-winning quarterback Patrick Mahomes of the Kansas City Chiefs have agreed to a massive contract extension with his team which will end up being the biggest contract in the history of the league.

Mahomes agreed to a ten-year deal with the Chiefs on Monday, a deal which is expected to not only be the richest in the history of the NFL, but also the richest in the history of professional sports.

The deal, which will keep Mahomes in Kansas City until 2031, will reportedly pay Mahomes a base salary of around $450 million with bonuses that could raise the contract’s value above $500 million.

The contract extension also reportedly contains a no-trade clause as well as an injury guarantee of $180 million.

While this deal has no precedents in the history of sports, it’s easy to see why the Chiefs agreed to this huge commitment to keep its biggest star in town. Mahomes has become arguably the league’s best quarterback over the past two seasons, leading his team to its first ever Super Bowl victory earlier this year.

While it wasn’t cheap to do so, the team now knows that it is set at the quarterback position for the next decade.

The post Chiefs Agree to 10-Year Extension with QB Patrick Mahomes appeared first on SportzBonanza.

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.

The post Chiefs’ QB Patrick Mahomes Gets $210.6 Million Guaranteed With a Contract Restructure appeared first on SportzBonanza.

2018 League MVP and this year’s Super Bowl-winning quarterback Patrick Mahomes of the Kansas City Chiefs have agreed to a massive contract extension with his team which will end up being the biggest contract in the history of the league.

Mahomes agreed to a ten-year deal with the Chiefs on Monday, a deal which is expected to not only be the richest in the history of the NFL, but also the richest in the history of professional sports.

The deal, which will keep Mahomes in Kansas City until 2031, will reportedly pay Mahomes a base salary of around $450 million with bonuses that could raise the contract’s value above $500 million.

The contract extension also reportedly contains a no-trade clause as well as an injury guarantee of $180 million.

While this deal has no precedents in the history of sports, it’s easy to see why the Chiefs agreed to this huge commitment to keep its biggest star in town. Mahomes has become arguably the league’s best quarterback over the past two seasons, leading his team to its first ever Super Bowl victory earlier this year.

While it wasn’t cheap to do so, the team now knows that it is set at the quarterback position for the next decade.

The post Chiefs Agree to 10-Year Extension with QB Patrick Mahomes appeared first on SportzBonanza.