Kansas City Chiefs will be Patrick Mahomes’ team for the next decade. Chiefs announced on Monday that Mahomes inked a massive 10-year extension that will keep him with the franchise through the 2031 season.
According to ESPN’s Adam Schefter, the extension has a base value of $450 million but could end up bringing Mahomes up to $503 million over the course of 10 years. Also, the 24-year-old signal-caller will get $150 million in guarantees and a no-trade clause.
Mahomes has two more years on his rookie deal that pays him $2.8 million in 2020 and $24.8 million next year.
“This is a significant moment for our franchise and for the Chiefs Kingdom,” said Chiefs CEO Clark Hunt in a statement, while general manager Brett Veach added that “getting this deal done has been a priority” for the franchise.
In just two years as a starting quarterback, Mahomes managed to win an MVP award and then lead the Chiefs to their second Super Bowl.
“I’ve had the privilege of coaching a lot of incredible athletes and special people in my career, and Patrick is without question on that list of players,” said Chiefs’ head coach Andy Reid. “He makes us all better as an organization and we are blessed he’s going to be our quarterback for years to come.”
After the news was made official, Mahomes acknowledged the deal on social media, writing: “Here to stay” on Twitter.
Patrick Mahomes was drafted 10th overall by the Chiefs in 2017 but had to wait until 2018 to be named the team’s starting quarterback. In his first season under center, Mahomes immediately showed that he’s a special talent, throwing for 5,097 yards and 50 touchdowns en route to an MVP award.
Last season, Mahomes struggled with injuries but managed to make up for it in the playoffs. He led the Chiefs to a 10-points comeback in Super Bowl and became the youngest Super Bowl MVP in the history of the game.
