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Patrick Mahomes reclaims highest-paid QB title with new Chiefs deal

Yahoo Sports • 1 min read • Latest: Jun 11, 2026, 12:35 AM

Last updated Jun 11, 2026

Patrick Mahomes reclaims highest-paid QB title with new Chiefs deal
Summary

Patrick Mahomes signed a reworked contract with the Kansas City Chiefs on June 10, making him the highest-paid player in NFL history. The deal, valued at $504.75 million over eight years, surpasses Dak Prescott's $60 million annual average. Previously, Mahomes had slipped to 13th in QB salary rankings after a restructuring in September 2023, but this new agreement restores his position at the top. Mahomes's latest deal adds around $63 million for the upcoming seasons, and he is now tied to the Chiefs through the 2033 season.

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  • •Mahomes's new contract is worth $504.75 million over eight years.
  • •Dak Prescott's average salary drops to second at $60 million per year.
  • •Mahomes's previous contract had moved him to 13th highest before this deal.
  • •The Chiefs continue to secure top talent with large contracts.
  • •Mahomes is now tied to the Chiefs until the 2033 season.
Latest Updates
  • 12:35 AMYahoo Sports — Top 10 QB salaries, including Cowboys Dak Prescott, after Mahomes deal
What they're saying
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The QB salary rankings got a big shake up on Wednesday.

Related Teams & Leagues
Cleveland BrownsJacksonville JaguarsKansas City ChiefsSan Francisco 49ersNFLFootball

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