According to ESPN’s Adam Schefter, the Kansas City Chiefs and Whitehouse, Texas native Patrick Mahomes agreed to a $400 million-plus 10-year contract extension:
With this deal, Mahomes is thefourth quarterback in the league to receive an extension before the start of his fourth season since 2011. The other three include Ryan Tannehill (Miami Dolphins, 2015), Carson Wentz (Philadelphia Eagles, 2019) and Jared Goff (Los Angeles Rams in 2019).
Mahomes already had two years left on his existing contract — $2.8M for the 2020 season and $24.8M in 2021. The extension puts Mahomes under contract with the Chiefs for the next 12 season — through 2031.
A three-star prospect out of high school, Mahomes had only three offers to play college football. During the 2017 Draft, Kansas City traded up to select the Texas Tech star 10th overall. In 2018, Mahomes was named the NFL MVP after leading the league with 50 touchdown passes and recording 5,097 yards in his first full season as a starter.
In the 2019 season, Mahomes made even more of a name for himself as he became the first Texas high school football product to start in the Super Bowl and continued to break records as he became the youngest quarterback to be named Super Bowl MVP and second youngest quarterback to win a Super Bowl after leading three touchdown drives to erase a 10-point fourth-quarter deficit defeating the San Francisco 49ers 31-20. Mahomes completed 26 of 42 passes for 286 yards while scoring three touchdowns. Despite throwing three interceptions, Mahomes became one of only three players who threw multiple interceptions and still won the ring (Tom Brady, Super Bowl XLIX and Terry Bradshaw, Super Bowl XIV).
The 10-year extension will become the richest contract in NFL history.