Patrick Mahomes and Chiefs agree on record $504.75 million extension
4 sources • 1 min read • Latest: Jun 10, 2026, 9:31 PM
Last updated Jun 10, 2026
Patrick Mahomes is set to sign a contract extension with the Kansas City Chiefs worth a historic $504.75 million. This deal, which extends his contract by two years, is the first in NFL history to surpass half a billion dollars. Mahomes has led the Chiefs to five Super Bowl appearances, winning three, since being drafted in 2017. This marks the franchise's most successful period under his leadership, despite the 2025 season being the first they did not reach the playoffs with him as quarterback. Further details on the contract are expected to emerge soon.
- •Mahomes' contract extension is worth $504.75 million.
- •This is the first half-billion dollar deal in NFL history.
- •The Chiefs value is estimated at $6.2 billion by Forbes.
- •Mahomes has led the Chiefs to three Super Bowl victories since 2017.
- 9:31 PMYahoo Sports — Patrick Mahomes makes NFL history, this time with his bank account
- 9:24 PMYahoo Sports — How Patrick Mahomes, Chiefs made half-billion-dollar history with new contract extension
- 9:01 PMYahoo Sports — Chiefs QB Patrick Mahomes makes history with record contract extension
- 8:35 PMYahoo Sports — Patrick Mahomes, Chiefs agree to record-shattering contract extension
"Kansas City Chiefs superstar quarterback Patrick Mahomes has made plenty of history on the field throughout his NFL career. Now, he’s making history with his bank account. On Wednesday, ESPN reported that Mahomes and the team had agreed to a new deal for the star quarterback that will keep him under contract with the Chiefs…
"In its most recent valuations of the 32 NFL teams, Forbes estimated the the Kansas City Chiefs’ value at $6.2 billion. Quarterback Patrick Mahomes accounts for creating plenty of that value — and soon his bank account will be rewarded…
"According to multiple reports, Kansas City Chiefs quarterback Patrick Mahomes is making history with a record contract extension | @EdEastonJr
Sources
External links- Yahoo SportsJun 10, 2026, 9:31 PMPatrick Mahomes makes NFL history, this time with his bank account
Kansas City Chiefs superstar quarterback Patrick Mahomes has made plenty of history on the field throughout his NFL career. Now, he’s making history with his bank account. On Wednesday, ESPN reported that Mahomes and the team had agreed to a new deal for the star quarterback that will keep him under contract with the Chiefs…
- Yahoo SportsJun 10, 2026, 9:24 PMHow Patrick Mahomes, Chiefs made half-billion-dollar history with new contract extension
Kansas City has added time to Mahomes' contract, also making it a historic deal.
- Yahoo SportsJun 10, 2026, 9:01 PMChiefs QB Patrick Mahomes makes history with record contract extension
According to multiple reports, Kansas City Chiefs quarterback Patrick Mahomes is making history with a record contract extension | @EdEastonJr
- Yahoo SportsJun 10, 2026, 8:35 PMPatrick Mahomes, Chiefs agree to record-shattering contract extension
In its most recent valuations of the 32 NFL teams, Forbes estimated the the Kansas City Chiefs’ value at $6.2 billion. Quarterback Patrick Mahomes accounts for creating plenty of that value — and soon his bank account will be rewarded…
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