KANSAS CITY, Mo. His abilities are so rare, and to couple that with an incredible personality is outstanding. Elated with the news, Kansas City Chiefs general manager Brett Veach, Chairman and CEO Clark Hunt and head coach Andy Reid each released statements celebrating the news. Mahomes had two years remaining on his existing contract with the Chiefs. We Found the Biggest Prime Day Bargains for You, — Adam Schefter (@AdamSchefter) July 6, 2020. Interestingly enough, Dak Prescott and the Dallas Cowboys are in a contract stalemate because Prescott wants a shorter deal from the team. The last time that occurred was with now-retired quarterback Michael Vick in 2004. The former No. Patrick Mahomes just became a very rich man. I’ve said from the beginning that Patrick is one of the most impressive players I’ve ever scouted, but I don’t think anyone could have envisioned everything he’s brought to our football team and community. Bryce Harper (2032), Mike Trout (2031) and Christian Yelich (2031). Getty Patrick Mahomes (2031) is the fourth active MLB/NFL/NHL/NBA player signed under contract into the 2030's. Check out the top four below. Mahomes threw for 286 yards, two touchdowns and two interceptions in the game and was named Super Bowl MVP. 10 overall pick was named NFL MVP in 2018 after he threw for 5,097 yards, 50 touchdowns, and 12 interceptions. The average annual value of Mahomes’ deal is $45 million. This is also the first time in 15 years we’ve seen a historic extension of 10 years in the NFL. For the record, Seattle Seahawks quarterback Russell Wilson was the highest-paid quarterback this season, according to NFL insider Adam Caplan. I’ve had the privilege of coaching a lot of incredible athletes and special people in my career, and Patrick is without question on that list of players. I’d also like to recognize Clark Hunt, Mark Donovan and Coach Reid who have all been incredibly supportive while we’ve worked though the details. This is a significant moment for our franchise and for the Chiefs Kingdom. Mahomes also gave the Kansas City Chiefs a nice discount in his new contract extension that could pay him half a billion dollars. KANSAS CITY, Mo. The 10-year deal takes effect in 2022. Like us on Facebook to see similar stories, Another jetpack reported thousands of feet above LA, Fast Food May Be Your Only Dining Out Option Left, Experts Warn. There was speculation that Mahomes’ massive contract might be tied to a percentage of the salary cap, especially with the uncertainty surrounding the NFL due to the coronavirus pandemic. Powered by. Mahomes’ new contract adds 10 years onto the two he had remaining on his rookie deal, so he is now tied to the Chiefs through 2031. The best part is he’s still early in his career. The contract has $63.0819 million fully guaranteed at signing including a $10 million signing bonus. Show full articles without "Continue Reading" button for {0} hours. pic.twitter.com/OkTkHaZsPo, — ESPN Stats & Info (@ESPNStatsInfo) July 6, 2020. He’s a competitor and his teammates feed off his energy. The 2018 leave MVP also gets a nice bonus for becoming NFL MVP and Super Bowl MVP moving forward. Getting this deal done has been a priority for us for quite a while now. The other three? He has endorsement deals with Oakley eyewear, State Farm and Bose electronics, among other companies.Long-term contracts are a rarity in football, where players contend with the constant risk of injury or replacement due to poor performance. He was named Super Bowl MVP. "I've said before that I hope Patrick is here for his entire career and that’s going to be our goal," Chiefs owner Clark Hunt said prior to Super Bowl LIV. Check them out below, via the team website. Five months after winning their first Super Bowl in 50 years, the reigning champions and MVP Patrick Mahomes have agreed to a 10-year contract extension, keeping him at Arrowhead Stadium until the end of the 2031 campaign. Patrick Mahomes (2031) is the fourth active MLB/NFL/NHL/NBA player signed under contract into the 2030's. -- Superstar Kansas City Chiefs quarterback Patrick Mahomes shattered another record on Monday in the form of his 10-year, $503 million contract extension.The $503 million contract is the richest in sports history and marked the first time ever that an NFL player became the world’s highest-paid athlete.

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