Chiefs extend Patrick Mahomes' contract through 2033 for $504.75 million

2 sources1 min read • Latest: Jun 11, 2026, 12:01 AM

Last updated Jun 11, 2026

Chiefs extend Patrick Mahomes' contract through 2033 for $504.75 million
Summary

The Kansas City Chiefs announced on June 10, 2026, that they have extended Patrick Mahomes' contract through the 2033 season. The revised deal is valued at $504.75 million, making Mahomes the first NFL player to secure a contract worth over half a billion dollars. This extension not only adds two years to Mahomes' existing contract but also guarantees all $504.75 million, potentially exceeding $522.25 million with incentives. The restructuring follows a previously agreed arrangement that set the stage for this significant deal after the 2026 season.

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By the Numbers
  • Mahomes' deal averages $64 million per year starting in 2027.
  • The contract is fully guaranteed, securing Mahomes' financial future.
  • He is expected to surpass $1 billion in career earnings by contract's end.
  • Mahomes brings in additional income from endorsements and investments.
Latest Updates
  • 12:01 AMYahoo SportsChiefs make Patrick Mahomes the highest-paid player in NFL history — again
  • 11:52 PMYahoo SportsPatrick Mahomes becomes the highest-paid player in the NFL
What they're saying
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Patrick Mahomes is the NFL's highest-paid player, again. Here's what his record-breaking new deal means for him, and the Chiefs.

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Patrick Mahomes becomes the first NFL player to make half a billion in his playing career.

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