The QB contract dominos have been falling everywhere this offseason and fully reset the market. Over the previous couple of months, 4 completely different gamers held the title of “the NFL” and naturally despatched just a few gamers down the listing, together with Patrick Mahomes. With a brand new market, it was solely a matter of time earlier than the defending NFL and Super Bowl MVP and the Chiefs have been going to get again to the negotiating desk and hammer out a good deal, which they now have.within the
Mahomes and the Chiefs have agreed to a restructured contract that can pay him $210.6 million between the 2023 season and 2026 season, based on ESPN. That is essentially the most cash in NFL historical past given to a participant over a four-year span and his compensation over that stretch is assured. Kansas Metropolis reportedly plans to revisit Mahomes’ contract once more following the 2026 season.
Mahomes signed a 10-year contract with the Chiefs price as much as $503 million. The deal was the most important contract in American skilled sports activities historical past and the quarterback was additionally the primary skilled athlete to ink a half-billion greenback contract. That mentioned, Mahomes’ deal from a median annual wage ($45 million) standpoint ended up rating eighth amongst quarterbacks following Joe Burrow’s contract extension ($55 million in AAV). Below this restructure, the 28-year-old is taking a look at a totally assured AAV of $52.65 million, which might rank him second amongst quarterbacks and simply above Chargers’ Justin Herbert.
Mahomes entered the NFL because the No. 10 general decide of the Chiefs in 2017 out of Texas Tech and has loved one of the spectacular begins to a profession in league historical past. In six seasons because the full-time starter in Kansas Metropolis, he has already received two Super Bowl titles, two Tremendous Bowl MVPs, two common season MVPs, and led the league in passing yards and touchdowns (twice).