The Kansas City Chiefs have restructured Patrick Mahomes’ contract, making him the first NFL player to sign a deal exceeding $500 million, now worth $504.75 million with an average of $64 million per year. The revised agreement includes $239.05 million in new money and guarantees for four years at signing, with mechanisms to ensure all funds could be guaranteed. Mahomes, entering his 10th season, has led the franchise to three Super Bowl victories and is currently recovering from ACL and LCL injuries but is expected to be ready for the upcoming season opener. Chiefs CEO Clark Hunt praised Mahomes as a generational talent and an outstanding community role model.
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Patrick Mahomes’ Chiefs contract exceeds $500 million
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