The Chiefs have reworked the contract of quarterback Patrick Mahomes, adding two years to his prior deal, with a total value of $504.75 million from 2027 through 2033 — the highest dollar-value contract in NFL history — with an average annual value of $63.09 million, a new record. incentives in the deal can take the total value to $522.25 million.
Reports say the first four years are fully guaranteed, but that contract mechanisms ensure that Mahomes will get the full amount of the deal over time. Mahomes will be 37 years old when the contract ends.
My take: Franchise QB contracts will hit $70 million AAV real soon.
THE ASYLUM
Mahomes deal sets record
The Chiefs have reworked the contract of quarterback Patrick Mahomes, adding two years to his prior deal, with a total value of $504.75 million from 2027 through 2033 — the highest dollar-value contract in NFL history — with an average annual value of $63.09 million, a new record. incentives in the deal can take the total value to $522.25 million.
Reports say the first four years are fully guaranteed, but that contract mechanisms ensure that Mahomes will get the full amount of the deal over time. Mahomes will be 37 years old when the contract ends.
My take: Franchise QB contracts will hit $70 million AAV real soon.
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