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Patrick Mahomes' new deal impacts Lamar Jackson's contract negotiations

Yahoo Sports • 1 min read • Latest: Jun 11, 2026, 2:00 AM

Last updated Jun 11, 2026

Patrick Mahomes' new deal impacts Lamar Jackson's contract negotiations

Summary

Patrick Mahomes has signed a reworked deal with the Kansas City Chiefs worth $504.75 million, extending his contract through 2033. This agreement becomes a pivotal point for Lamar Jackson as the Baltimore Ravens quarterback approaches contract discussions. Mahomes' deal, which guarantees substantial amounts and sets a record for average annual value, complicates the negotiations for Jackson, who had a challenging season. Baltimore's restructuring of Jackson's contract aims to create salary cap space, reflecting the team's ongoing commitment to build around him amid the changing quarterback market.

Source Links

Yahoo Sports

Market Watch

•Mahomes' contract extends through 2033, averaging $64 million per year.
•Jackson's performance and contract status are affected by Mahomes' deal.
•The Ravens created $40 million in cap space by restructuring Jackson's contract.
•Baltimore has missed the playoffs and averaged a low offensive output last season.
•Jackson remains a two-time MVP and central to Baltimore's offense.

Latest Updates

2:00 AMYahoo Sports — Patrick Mahomes’ $500M Chiefs deal puts Lamar Jackson in the spotlight

What they're saying

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Patrick Mahomes’ reworked $504.75 million deal with the Chiefs could reshape the quarterback market and raise the stakes in Lamar Jackson’s contract talks.
— Yahoo Sports

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