Patrick Mahomes restructures contract with Kansas City Chiefs to a record 4-year deal

CNN
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Kansas City Chiefs quarterback Patrick Mahomes has agreed to a restructured deal with the team that will pay the two-time Super Bowl winner a record $210.6 million over four years, Mahomes’ agency has confirmed. Verified social media account Monday.

His agency, Equity Sports, said the 2023-2026 agreement is the most in NFL history over that time frame and is guaranteed.

NFL Network insiders Ian Rapoport and Tom Pelissero He stated that by the end of 2026, the deal could reach $218.1 million with escalators.

CNN has reached out to the presidents for comment.

The two-time NFL Most Valuable Player and the Chiefs intend to reconsider the contract after the 2026 season, Equity Sports said.

In July 2020, Mahomes signed a 10-year, $450 million contract extension, which his agent said at the time was the most lucrative contract in sports history.

Equity Sports said Mahomes has received more than $273 million in guarantees since signing the original 2020 deal.