Chiefs news: Patrick Mahomes contract negotiations are underway

Patrick Mahomes(Photo by Matthew Stockman/Getty Images)
Patrick Mahomes(Photo by Matthew Stockman/Getty Images) /

The Star is reporting that negotiations have officially begun for Patrick Mahomes’ extension.

The negotiations have finally begun. Sam Mellinger of the Kansas City Star has reported that talks for a new contract extension are underway between the Kansas City Chiefs and their star quarterback Patrick Mahomes.

The team has made no secret of wanting to get Mahomes under contract on a new long-term deal that will keep the franchise face with the team for the next several years. Mahomes has been a revelation at quarterback, delivering in ways the team could have never even dreamed, and it makes sense to reward him as early as possible by offering him a significant raise in the years to come.

Reports earlier this spring were that the Chiefs would turn their attention to Mahomes’ long-term contract after the NFL Draft was finished and now is that time. A recent prediction from Spotrac on Mahomes’ potential deal came in at four years for $160 million. That’s quite a haul yet it’s also possible Mahomes could demand much more than that in dollar amount or length of time.

Mellinger’s full column is worth a read for its insights into how Mahomes’ contract could blaze a trail in a number of categories—including guarantees and overall money. For our purposes, it’s just important to know that the long-awaited talks are finally underway.

Right now, Russell Wilson is the highest-paid player in the NFL. Mahomes should soon top that list after putting up a Super Bowl MVP and a regular season MVP in each of his first two seasons. Mahomes is set to count $5.3 million against the cap in 2020.