Patrick Mahomes, Chiefs agree to 10-year contract extension worth up to $503M: report

The Kansas Town Chiefs have locked of their Tremendous Bowl MVP quarterback for the foreseeable long term.

Patrick Mahomes and the Chiefs have agreed to a 10-year contract extension, which can stay him tied to Kansas Town during the 2031 NFL season, in keeping with ESPN.

ESPN additionally reported that the contract is price as much as $503 million in general, making it the richest deal in sports activities historical past. The deal comprises $477 million in assured mechanisms, and the facility for Mahomes to have outs if ensure mechanisms don’t seem to be exercised. He additionally has a no-trade clause.

The Chiefs later put out a remark confirming the signing.

“It is a vital second for our franchise and for the Chiefs Kingdom,” Chiefs Chairman and CEO Clark Hunt stated. “Since he joined the Chiefs only some years in the past, Patrick has advanced into probably the most prolific athletes in all of sports activities. Together with his dynamic play and infectious persona, he is without doubt one of the maximum identified and loved figures to place at the Chiefs uniform. He’s an ordinary chief and a credit score to the Kansas Town neighborhood, and I’m thrilled that he’s going to be a member of the Chiefs for many years yet to come.”

Mahomes launched a video on Twitter, which confirmed a variety of highlights over his profession as a member of the Chiefs thus far.

“Right here to stick. . .!” Mahomes wrote at the social media website online.

The video concluded with: “And We are Staying In combination…. For A Lengthy Time. We are Chasing A Dynasty.”

The Chiefs traded up to make a choice Mahomes with the No. 10 total select within the 2017 draft, and he spent one season at the back of quarterback Alex Smith prior to taking up because the starter the next yr. Mahomes gained the NFL MVP award his first season below heart for the Chiefs, and he guided the group to the AFC Championship prior to falling to the New England Patriots in time beyond regulation.

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Mahomes handled some nagging accidents ultimate season and overlooked two video games, however he got here again to steer the Chiefs to a profitable streak that ended with consecutive come-from-behind wins within the playoffs over the Houston Texans and Tennessee Titans, and used to be the Tremendous Bowl LIV MVP after main the Chiefs to a 31-20 victory over the San Francisco 49ers.

Here’s one of the vital response across the league following Mahomes’ contract extension:

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