League: NFL Sport: Football Country: United States Category: Scores & Results

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

3 sources • 1 min read • Latest: Jun 12, 2026, 9:08 AM

Last updated Jun 12, 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.

Source Links

Yahoo Sports

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

9:08 AMYahoo Sports — Highest-paid NFL players after Patrick Mahomes signs record contract
12:01 AMYahoo Sports — Chiefs make Patrick Mahomes the highest-paid player in NFL history — again
11:52 PMYahoo Sports — Patrick Mahomes becomes the highest-paid player in the NFL

What they're saying

"
For the second time of his career. Patrick Mahomes has reshaped the NFL landscape with a megadeal. Here's a look at the league's highest-paid players.
— Yahoo Sports