#Patrick Mahomes agrees to 10-year contract extension with Chiefs
“#Patrick Mahomes agrees to 10-year contract extension with Chiefs”
July 6, 2020 | 3:21pm | Updated July 6, 2020 | 4:01pm
The 2018 NFL MVP and reigning Super Bowl MVP agreed to a 10-year contract extension on Monday, ESPN reported, that runs through 2031. The deal is worth north of $400 million and the exact figure is likely to be tied to the growth of the NFL salary cap.
Mahomes is entering the the fourth year of his rookie deal that paid him $16 million guaranteed. He could have become a free agent in 2022.
ESPN reports that Mahomes will surpass Seattle Seahawks quarterback Russell Wilson, who currently owns the richest NFL contract with a four-year deal, $140 million deal ($107 million guaranteed). It will also mark the longest NFL contract extension in league history, eclipsing the eight-year, $98.6 million deal Dallas Cowboys offensive tackle Tyron Smith signed in 2014.
The 24-year-old Mahomes, the son of former Mets pitcher Pat Mahomes, tossed 50 touchdowns in his first full season in the league and last year guided the Chiefs to a come-from-behind Super Bowl victory over the 49ers, completing 26-of-42 passes for 286 yards and two scores and running for another.
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