If anyone on this planet has actually had a good 2020 thus far, it’s been Patrick Mahomes.
He led the Kansas City Chiefs to a Super Bowl victory in February. Now it appears he’s getting paid like no one before him.
ESPN’s Adam Schefter on Monday reported that the 24-year-old and the Chiefs, who drafted him in 2017, have reached an agreement on a 10-year contract extension that would see him in Kansas City through 2031.
Chiefs and QB Patrick Mahomes have reached agreement on a 10-year — 10-year! — contract extension that ties him to Kansas City through the 2031 season, league sources tell ESPN.
— Adam Schefter (@AdamSchefter) July 6, 2020
And while it’s hard to fathom what the world will look like in 2031, you can imagine how much money he’s going to make over a contract that long.
According to Schefter, it’s anticipated to “be the richest contract in NFL history.”
Patrick Mahomes’ 10-year — 10-year! — contract extension that ties him to Kansas City through the 2031 season will be the richest contract in NFL history.
— Adam Schefter (@AdamSchefter) July 6, 2020
There is no indication now of what the official numbers will be, Schefter said. But the NFL insider’s sources believe it will be correlated to a percentage of the salary cap for each season, meaning he’ll make more money as the cap goes up over the years.
There are no official numbers on Patrick Mahomes' 10-year extension just yet, but multiple sources believe it ultimately will be tied to a percentage of the salary cap for each season. The higher the cap goes, the more Mahomes will make.
— Adam Schefter (@AdamSchefter) July 6, 2020
Mahomes is under contract through the end of 2020 with a fifth-year option in 2021. Of course, the Chiefs want to reward him for his work thus far, and it was reported to be a priority that the team lock the 2018 league MVP up long term before the start of this season.
We’ll see what the number ends up being.
