Patrick Mahomes signs record $64 million per year contract with Chiefs
Yahoo Sports • 1 min read • Latest: Jun 10, 2026, 9:30 PM
Last updated Jun 10, 2026
Kansas City Chiefs quarterback Patrick Mahomes has restructured his contract to an average of $64 million per year, starting in 2027. This deal extends his contract to 2033, totaling $504.75 million, making it the first NFL contract to exceed half a billion dollars. Mahomes’ raise reflects the Chiefs' confidence in his recovery from a knee injury. He has been participating in practice sessions, anticipating a return to starter role for the upcoming season opener against the Denver Broncos on September 14.
- •Mahomes will earn $64 million annually starting in 2027
- •Contract extended to keep him with Chiefs through 2033
- •Moves his total contract value to over $504 million
- •Positive recovery reports after reconstructive knee surgery
- •Expected to start against the Broncos on September 14
- 9:30 PMYahoo Sports — Chiefs Star Patrick Mahomes To Join Dak Prescott As $60 Million-A-Year Players
"Beginning in 2027 Patrick Mahomes will have a new deal averaging $64 million per year. The contract will have a value of $504.75 million.
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