The Kansas City Chiefs and their star quarterback Patrick Mahomes have agreed to a restructured contract, according to an Associated Press source. The new deal is reportedly worth up to $503 million over the next 10 years, with Mahomes set to earn an average of $45 million per year.
The agreement comes after months of negotiations between the two sides and is a major win for both the Chiefs and Mahomes. The Chiefs have locked up their franchise quarterback for the foreseeable future, while Mahomes has secured a massive pay raise. The deal also includes a record-breaking $140 million in guarantees, making it the largest contract in NFL history.
The agreement is a testament to Mahomes’ talent and leadership. Since being drafted by the Chiefs in 2017, he has led the team to three consecutive AFC West titles and two Super Bowl appearances, including a victory in Super Bowl LIV. He has also been named the NFL MVP twice and has been selected to the Pro Bowl four times.
The new contract is a sign of the Chiefs’ commitment to Mahomes and their belief that he is the best quarterback in the league. With this new deal, Mahomes will be the highest-paid player in the NFL for the foreseeable future.
The agreement between the Chiefs and Mahomes is great news for both sides. The Chiefs now have their franchise quarterback locked up for the next decade, while Mahomes has secured a massive pay raise that will set him up for life. It’s a win-win situation for both parties and a great example of how teams and players can come together to reach an agreement that benefits everyone involved.