Patrick Mahomes signs groundbreaking contract with Kansas City Chiefs
2 sources • 1 min read • Latest: Jun 11, 2026, 7:40 AM
Last updated Jun 11, 2026
Patrick Mahomes has agreed to a two-year extension with the Kansas City Chiefs, making him the first NFL player with a contract worth over $500 million. This agreement brings his guaranteed earnings to $504.75 million, tying him to the franchise until 2033. Previously, Mahomes had a 10-year deal worth $450 million with additional incentives. The deal surpasses Dak Prescott's $60 million annual contract, making Mahomes the highest-paid player in NFL history. Following a season-ending ACL injury last December, Mahomes expressed excitement for his future with the team and remaining competitive.
- •Mahomes extends his contract with the Chiefs until 2033.
- •Guaranteed earnings reach $504.75 million.
- •Previously held a 10-year deal worth $450 million.
- •Deal includes an average annual value of $64 million from 2027.
- •Mahomes has led the Chiefs to three Super Bowl titles.
- 7:40 AMYahoo Sports — Mahomes to become NFL's first $500m player
- 7:40 AMBBC Sport — Mahomes to become NFL's first $500m player
"Patrick Mahomes is called a "generational talent and elite human being" by Kansas City Chiefs boss Clark Hunt.
"Patrick Mahomes is called a "generational talent and elite human being" by Kansas City Chiefs boss Clark Hunt.
Sources
External links- Yahoo SportsJun 11, 2026, 7:40 AMMahomes to become NFL's first $500m player
Patrick Mahomes is called a "generational talent and elite human being" by Kansas City Chiefs boss Clark Hunt.
- BBC SportJun 11, 2026, 7:40 AMMahomes to become NFL's first $500m player
Patrick Mahomes is called a "generational talent and elite human being" by Kansas City Chiefs boss Clark Hunt.
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