Patrick Mahomes contract details: salary and remaining years with the Chiefs

Kansas City Chiefs star quarterback Patrick Mahomes leads his 2024 team straight to the Super Bowl. The Chiefs are undefeated as they face their biggest game of the year so far tonight against Josh Allen and the Buffalo Bills.

A half-billion dollar deal

The QB’s excellence was recognized by the franchise, and they made sure he wouldn’t go anywhere by signing him to a 10-year, $450 million contract extension in 2020. Three-time Super Bowl MVP earns an average salary of $45 million per year not including product endorsements or other off-field income.

This agreement was greatest ever in NFL historyand the third largest in the world of sports. Mahomes only lags behind top earner Lionel Messiwith whom the FC Barcelona football club signed a 674 million dollar agreement over 4 years, and Cristiano Ronaldothat Al-Nassr football team locked up for 2.5 years for $536 million. However, all the names mentioned above were swept out of the water when Shohei Ohtani signed $700,000,000 contract with the Los Angeles Dodgers on the MLB side.

Salary plus endorsements

Anyway, back to Mahomes. The QB in harvest $45 million per year as the Chiefs’ quarterback. However, this is not his only source of income as he has also landed substantial sponsorship dealsincluding those he signed with Subway and State Farm.

His extension is a far cry from the deal he first signed with the team when they selected him as the 10th overall pick in the 2017 draft. That one was a four-year, $16 million deal which included a $10 million signing bonus.

Nine more years

With Mahomes’ long-term contract, particularly long given that The average career length of an NFL football player is 3.3 years– Kansas City fans don’t have to worry about Mahomes’ impending departure. His contract expires in 2032after which he becomes a free agent.