KANSAS CITY, Mo. (AP) \u2014 Patrick Mahomes is set to be the quarterback of the Kansas City Chiefs well into the next decade.<\/p>\n
The Chiefs and the two-time MVP agreed to a restructured contract Wednesday that adds two years to his deal and pushes the total compensation past a half-billion dollars, a person familiar with the terms told The Associated Press. The person spoke on condition of anonymity because the Chiefs do not disclose financial terms of their contracts.<\/p>\n
The Chiefs later posted a photo of Mahomes signing his extension on social media.<\/p>\n
Mahomes signed a 10-year, $450 million contract in 2020 that set a benchmark not only for the quarterback position but for any football player. The latest extension ties the two-time MVP to the Chiefs through the 2033 season, when Mahomes will be 38, and it comes in at $504.75 million, with incentives and escalators that could push the value $522.25 million.<\/p>\n
\u201cOver the last decade, Patrick has become one of the most iconic, beloved sports figures of all time,\u201d Chiefs chairman Clark Hunt said. “He has helped lead our franchise to five Super Bowl appearances and three championships, he has been instrumental in shaping the Chiefs brand and putting Kansas City on the world stage, and on top of it all he has been an outstanding role model.<\/p>\n
\u201cPatrick is a generational talent and an elite human being and I’m so excited he will continue to lead our team into the future.\u201d<\/p>\n
The Chiefs and Mahomes regularly rework his contract in the offseason, giving the team the financial flexibility to surround him with enough talent to compete for championships. The latest deal, though, includes a massive pay increase after recent deals done for other quarterbacks \u2014 among them Dak Prescott, Jordan Love, Joe Burrow and Josh Allen \u2014 had reset the QB market.<\/p>\n
Prescott’s four-year deal included a league-leading average of $60 million per year. Mahomes will now average $63.1 million.<\/p>\n
\u201cThe magic continues,\u201d his agency, Equity Sports, and its chief executive Chris Cabott wrote on social media Wednesday.<\/p>\n
Mahomes underwent season-ending surgery last December after tearing ligaments in his left knee in the waning minutes of a loss to the Chargers. He has spent the entire offseason rehabbing the injury in Kansas City, and he has been on the field for the entirety of the Chiefs’ offseason program, which concludes Thursday with the final day of their mandatory three-day minicamp.<\/p>\n
\u201cI like what I’ve seen. He’s working hard,\u201d Chiefs coach Andy Reid said earlier in offseason workouts. \u201cThis is good for him, I mean getting out there and throwing. It\u2019s good rehab as he continues to rehab, so he keeps the feel with the wide receivers. Or he\u2019s doing partial practice and \u2014 but it\u2019s important that he keeps his timing up. He\u2019s busting his tail to put himself in this position.\u201d<\/p>\n
Mahomes has insisted ever since his injury that his goal was to be ready for Week 1 of the coming season.<\/p>\n
The Chiefs play their preseason opener against the Rams on Aug. 15, but their regular-season opener is not until Sept. 14, when they face defending AFC West champion Denver in a marquee Monday night matchup at Arrowhead Stadium.<\/p>\n
\u201cI want to be out there with my guys,\u201d Mahomes said recently, “but I know that\u2019s still a long ways away, and so all I can do is execute the day and do whatever I can do to be better that day. We\u2019ve done that up until now, and we\u2019ve set these checkpoints and these goals of where I want to be at, and I\u2019ve gotten to those. So now I just have to continue to do that at the right pace.\u201d<\/p>\n
Mahomes has been shattering records ever since the Chiefs made him their starter for the 2018 season. He has thrown for nearly 36,000 yards, earned six Pro Bowl nods and won three Super Bowl titles in five trips to the championship game.<\/p>\n
The Chiefs had been to three straight Super Bowls before finishing a disappointing 6-11 last season. Mahomes was on injured reserve for the final three games, all of them losses, while the Chiefs turned their attention toward the coming season.<\/p>\n
\u201cAs a competitor and as a football player, I want to be there,\u201d Mahomes said. \u201cI can\u2019t predict the future. All I can do is be great today and then continue to be great tomorrow, but I\u2019ve gotten to where I\u2019ve gotten to because of that mindset and the goal at the end \u2014 the very far end \u2014 is to be ready and to be able to go out there and play with the guys Week 1.\u201d<\/p>\n
___<\/p>\n
AP NFL: https:\/\/apnews.com\/hub\/nfl<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" KANSAS CITY, Mo. (AP) \u2014 Patrick Mahomes is set to be the quarterback of the Kansas City Chiefs well into the next decade. The Chiefs and the two-time MVP agreed to a restructured contract Wednesday that adds two years to his deal and pushes the total compensation past a half-billion dollars, a person familiar with … Continue reading Chiefs lock in Patrick Mahomes through 2033 with a $504.75M reworked deal, AP source says<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1452],"tags":[],"class_list":["post-1514758","post","type-post","status-publish","format-standard","hentry","category-sports-news"],"publishpress_future_action":{"enabled":true,"date":"2026-06-13 03:43:35","action":"change-status","newStatus":"trash","terms":[0],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/1514758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1514758"}],"version-history":[{"count":1,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/1514758\/revisions"}],"predecessor-version":[{"id":1514759,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/1514758\/revisions\/1514759"}],"wp:attachment":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1514758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1514758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1514758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}