Patrick Mahomes Just Signed An Incredible, Record-Setting Contract

It’s good to be Patrick Mahomes right now. The Kansas City Chiefs quarterback won the NFL MVP award in 2018, and then won a Super Bowl victory and an MVP Super Bowl trophy in 2019. So what could he do for a recall in 2020?

Well, it seems that Mahomes has just answered this question: to sign the biggest contract in the history of professional sport.

According to Adam Schefter of ESPN, the 10-year extension could be worth up to $ 503 million. This includes $ 477 million in guarantee mechanisms, plus the possibility for Mahomes to terminate the contract if these mechanisms are not exercised.

The contract also includes a $ 140 million injury guarantee. Not bad for a guy who is only 24 years old.

Tom Pennington / Getty Images

NFL contracts are generally not that long – and certainly not that expensive – but Mahomes’ work is unprecedented. He is the only player in NFL history to win both the regular season and the Super Bowl MVP before his 25th birthday, setting numerous NFL and franchise records.

Mahomes was still another year on his rookie contract, and the Chiefs also chose his option for 2021. In addition to his extension, the Chiefs will still pay him $ 27.6 million in those two seasons. .

Other quarters of the NFL could also lick their lips. Mahomes’ historic deal surpasses the previous record in Mike Trout’s $ 426.5 million contract with the Los Angeles Angels. In addition, it establishes a new bar for the compensation of shifts. It is highly unlikely that someone like DeShaun Watson or Dak Prescott will get a contract of this size, but he can designate the Mahomes agreement as a point of reference in his own negotiations.

It’s still unclear if the NFL season will even start as planned, or if the coronavirus pandemic will turn things around. No matter when it starts, Mahomes will enter the 2020 campaign with a ton of money.

Despite all the great moments on the field, Mahomes’ brilliant new contract may well be his best game to date.


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