Patrick Mahomes, Photo by Andy Lyons/Getty Images
Patrick Mahomes’ big pay day just keeps getting better and better.
Earlier on Monday, it was “over $400 million.” A few hours later, it was “$450 million.” Now, it appears Patrick Mahomes is in line for up to $503 million on his 10-year contract extension with the Kansas City Chiefs, with $477 million of it guaranteed.
That’s right, folks. Patrick Mahomes’ expected payday could very well reach half a billion dollars.
This jaw-dropping news comes from NFL insider Ian Rapoport, who reports the $477 million comes in guarantee mechanisms and “gives the ability for Mahomes to have outs if the guarantee mechanisms aren’t exercised.”
The deal also comes with a no-trade clause, essentially ensuring the Super Bowl-winning face of the franchise is a Chief for life.
Patrick Mahomes’ unprecedented extension is the largest in sports history, but he absolutely deserves it.
It’s hard to wrap one’s head around the numbers: This 24-year-old QB will be locked in with Kansas City for the next 12 years, earning $27.6 million over the next two seasons before the 10-year extension worth up to $503 million kicks in. It will run through 2031, when Mahomes will be 35 years old.
Those figures are staggering, but if anyone has the right combination of talent, results and outright meaning to a fanbase and a sports franchise, it’s Mahomes. After just two seasons as a full-time starting quarterback in the NFL, he’s racked up two Pro Bowl appearances, a First-Team All-Pro selection, the NFL’s Offensive Player of the Year award, an MVP award and now, a Super Bowl MVP and Vince Lombardi Trophy.
Mahomes has thrown for 76 touchdowns in 30 starts in the last two years, along with 9,128 yards and four rushing TDs. His heroics were undeniable throughout Kansas City’s championship run last season, when he masterfully orchestrated comeback win after comeback win. When all is said and done, he has a chance to go down as the greatest quarterback of all time.
There’s a long way to go until we get to that conversation, but after years of the Chiefs wandering the desert without a quarterback, Patrick Mahomes ended the drought. It’s no wonder they are more than happy to make it rain.