11:21pm: Hours after the announcement hit the waves, Mahomes has officially put pen to paper on his recent deal. With the record-setting deal finalized, the three-time Super Bowl MVP is now under Chiefs control for eight more seasons.
3:34pm: Six summers ago, the Chiefs and Patrick Mahomes agreed on an unrivaled extension that bumped into the 2030s. The superstar’s lengthy contract benefited the Chiefs, and other passers’ salaries began to dwarf his.
The Chiefs agreed to a reworked deal in fall 2023 but didn’t remove any years from the mammoth pact. The parties have now agreed so as to add more time on this deal, in response to ESPN’s Adam Schefter and NFL.com’s Ian Rapoport. Kansas City will now have Mahomes signed through the 2033 season at $504.75MM. That’s the whole value of the brand new deal, which can add two seasons to Mahomes’ term.
That whopping number covers eight seasons in total, representing a seismic adjustment to the NFL’s longest-term contract. When it comes to recent money, Mahomes will receive $239.1MM, per Schefter and Rapoport. The primary 4 years of the three-time Super Bowl MVP’s deal are guaranteed at signing, representing tremendous confidence the quarterback will return to his stratospheric heights after suffering ACL and LCL tears last December.
This doesn’t mean the Chiefs are adding $239.1MM over the 2032 and ’33 seasons, as Pro Football Talk’s Mike Florio points out, however the team will give the all-time great a big raise over the prevailing years of his deal. In exchange, Mahomes will give the Chiefs two more years of control.
The 2033 season could be Mahomes’ age-38 campaign. That $239MM number will mark a raise throughout the eight-year contract’s life, and it represents a record-setting AAV bump for the present game’s most achieved quarterback.
The brand new guarantees probably represent probably the most notable component of this agreement. Apart from first- or early-second-round rookie contracts and the outlier Deshaun Watson deal, teams don’t authorize 4 years of fully guaranteed money. The Chiefs are doing so, with Schefter and Rapoport adding guarantee mechanisms — which were utilized in the team’s initial Mahomes extension — are present to cover the 2030s a part of this accord.
While loads of details are yet to emerge, the eight-year package value $504.75MM comes out to greater than $63MM per 12 months. We are going to wait to see how that is structured, but that blows past Dak Prescott‘s previous high-water mark — set in September 2024. The Cowboys have Prescott signed to a four-year, $240MM extension, one the QB secured because of historic leverage. Mahomes opted for a team-friendlier deal in 2020, and it helped the Chiefs retain Chris Jones on multiple extensions — to go along with other roster-building benefits. The organization is rewarding the Tenth-year quarterback, and it is going to be interesting to see how this contract breaks down when it comes to cap hits.
When Mahomes agreed to his 10-year Kansas City extension (value $450MM) in July 2020, Russell Wilson‘s $35MM-per-year Seahawks pact had resided atop the quarterback market. Mahomes’ accord raised the ceiling, but it surely didn’t take too long for the sphere to meet up with him. Watson topped the deal on a way more player-friendly package — probably the most player-friendly agreement in NFL history — while Aaron Rodgers became the primary $50MM-AAV player days earlier in March 2022.
A bunch of QBs are actually within the $50MM-per-year club, resulting in the Chiefs infusing Mahomes’ contract with guarantees in September 2023, with Prescott hitting $60MM AAV. The $60MM-per-year club now houses two passers, and Lamar Jackson‘s camp will assuredly be aware of Mahomes’ latest update.
Jackson carries favorable leverage in comparison with Mahomes, whose previous through-2031 arrangement gave the Chiefs flexibility — which they’ve continually used via restructures. The Chiefs have restructured Mahomes’ contract five times since its authorization; the most recent change (in February) dropped his cap number to $34.65MM for 2026. That gave the Chiefs some respiratory room, as they entered the offseason well over the cap.
The contract maxes out at $522.25MM, in response to Schefter and Rapoport, with incentives and escalators present. This agreement comes greater than a 12 months after the Bills gave Josh Allen a monster adjustment by adding two more years to his lengthy contract. The one QB to remotely enterprise into Mahomes’ contractual territory — term length-wise — Allen signed a six-year Bills extension in 2021. After Allen’s 2024 MVP season, the team rewarded him with a six-year, $330MM contract that added two years to his previous pact. This Mahomes offering looks similar, but with 4 fully guaranteed years, the Kansas City icon fared higher on that front.
It’s debatable as as to whether Allen has passed Mahomes within the QB pecking order exiting the 2025 season, and the Bills superstar is a 12 months younger. But no debate exists as to the league’s most achieved energetic QB.
The Chiefs had experienced a 50-year Super Bowl drought after their Super Bowl IV victory, which closed the game’s AFL chapter, because the likes of Joe Montana, Trent Green and Alex Smith — amongst others in a QB carousel that formed a San Francisco-to-Kansas City pipeline — were unable to lift the franchise back to the sport’s ultimate stage. Mahomes did, and he has played in five Super Bowls and 7 AFC championship games through eight seasons as a starter.
Mahomes delivered his best statistical season in 2018, throwing 50 touchdown passes and reaching 5,097 passing yards in his first 12 months succeeding Smith. A porous Chiefs defense couldn’t stop Tom Brady and Co. within the AFC championship game, but Kansas City’s seminal Steve Spagnuolo hire soon after allowed Mahomes to have near-Brady-like defensive protection en path to forming the NFL’s only post-Patriots dynasty. The Chiefs won Super Bowls LIV, LVII and LVIII over the following five seasons, with Mahomes earning MVP honors in each game. Also receiving regular-season MVP acclaim in 2022, Mahomes created distance between himself and the sphere by that time.
Since then, the Chiefs haven’t rivaled their early Mahomes years on offense. The team ranked fifteenth in scoring in 2023 and ’24, with the Tyreek Hill trade — and just a few misses at wide receiver — limiting the once-explosive attack. Travis Kelce moving into his mid-30s didn’t help matters, and Spagnuolo’s defense — a top-10 unit in six of the decorated DC’s seven seasons in K.C. — became an underrated component of this dynasty.
The Chiefs lost Mahomes to a season-ending knee injury in Week 15 last 12 months, however the team was on the verge of elimination with the long run first-ballot Hall of Famer on the wheel. Mahomes went 6-8 as a starter last season, because the Chiefs’ close-game mojo faded. The team ranked twenty first in scoring offense, with the post-Mahomes period contributing to that placement. Wednesday’s commitment definitely shows no signs the franchise is anxious about its passer’s long-term viability.
Andy Reid, the Chiefs dynasty’s other pillar, has continually fended off retirement rumors. The NFL’s fourth-winningest all-time coach is heading into his 14th season accountable for the AFC West team. The Broncos toppled Reid’s bunch last season, going 14-3, while the Chargers swept the Chiefs with Mahomes starting each games. Reid, 68, will try to turn out to be the oldest HC to win a Super Bowl; Bruce Arians, 66 when his Buccaneers thrashed the Chiefs in Super Bowl LV, currently holds that record.
Mahomes, who had missed only two games resulting from injury prior to his knee setback, did some work at Chiefs OTAs and is targeting a Week 1 return. The Chiefs acquired Justin Fields via trade, bringing in some insurance within the event the longtime starter isn’t ready. Mahomes has beat rumored injury recovery timetables previously, most notably playing on a high ankle sprain within the 2022 playoffs, and comparable recoveries from ACL tears have commenced.
Seeing favorable AFC West draws within the years after Peyton Manning‘s retirement, the Chiefs now enter a season — for the primary time in ages — during which they will not be the surefire favorites to win the division. Kelce is entering an age-37 season, while Chris Jones is now 32. The team’s questions at wide receiver persist, with No. 1 goal Rashee Rice currently in jail — while rehabbing from knee surgery — resulting from violating his probation. The Chiefs added Super Bowl LX MVP Kenneth Walker in free agency and made three top-40 picks on this 12 months’s draft, using a 6-11 2025 record to their advantage.
The team will hope its cornerstone player might be back in Week 1. But for the long haul — which can feature the Chiefs moving across the Kansas state line right into a recent stadium in 2031 — little doubt exists about internal confidence in Mahomes, who stays the NFL’s only player signed beyond the 2030 season.