Brett Veach had the ideal description, calling it a landmark deal for a once-in-a-lifetime player.
When the Kansas City Chiefs announced a new contract extension for quarterback Patrick Mahomes earlier this spring, the numbers alone backed the Chiefs' general manager up. The reworked deal adds two years to Mahomes' contract, which ties the future Hall of Fame QB to Kansas City through 2033 at a total value of $504.75 million. It also made it the first contract in NFL history worth more than half a billion dollars.
Once the new money kicks in come 2027, Mahomes will average $64 million per season, a $19M annual raise that vaults him past Dallas Cowboys quarterback Dak Prescott for the league's highest yearly salary.
Mahomes recently appeared on an interview with Yahoo! Sports Daily and spoke about the new extension, saying it was the natural next step in a relationship that has worked from the moment he arrived in Kansas City.
"It's just been a great partnership through and through, you know, since the beginning," said Mahomes. "We've always had a plan on how we're going to do things, and having this organization, having the ownership that we have, and the coaches and the players around me, we've had a lot of success.
"Even off the field, the community in Kansas City and how they've treated my family has been truly special, and so this is home for me," he continued. "Being in Kansas City, my kids are going to grow up here, and I want to be here for the long haul and hopefully continue to win a lot more football games and hopefully some more Super Bowls."
It's hard to argue with the results of that partnership. Since taking over as the starter in 2018, Mahomes has led the Chiefs to three titles in five Super Bowl appearances—including the Chiefs' first Lombardi in 50 seasons. He was named Super Bowl MVP in all three victories to tie Joe Montana for the second-most in NFL history, while his 17 playoff wins also rank second all-time behind only Tom Brady. He's just now in his thirties.
On a franchise level, Mahomes already owns virtually every franchise passing record that matters, including career marks in passing yards (35,939) and touchdown passes (267). He's been named league regular-season MVP on two occasions while making the Pro Bowl six times in seven years as the team's starting quarterback.
Kansas City has paid up to keep it going. This is the third time in six years the two sides have reset the quarterback market, and the Chiefs have now committed $689.05 million in new money to Mahomes since 2022. The new deal runs through his age-38 season, which tells you how the organization views the back half of his career, even as he works his way back from the knee injury that cut his 2025 season short.
The Hunt family has paid accordingly. This isn't the first time that the Chiefs and Mahomes have reset the quarterback market, and Kansas City has now committed $689 million in new money to its quarterback from 2022 through 2033. That's a staggering figure, to be sure, but Mahomes has proven to be worth every penny. The new deal will carry him through his age-38 season, and while he continues to work his way back from a knee injury that ended his 2025 campaign, the Chiefs are betting the window is still wide open with him at the helm. If Mahomes has his way, a few more Super Bowls will come with it.
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