Thursday , June 13 2024

NFL: Mahomes to earn $210 million under restructured deal—reports

Patrick Mahomes Kansas City Chiefs NFL

Patrick Mahomes #15 of the Kansas City Chiefs looks to pass during the second quarter against the Jacksonville Jaguars at EverBank Stadium on September 17, 2023 in Jacksonville, Florida. Mike Carlson/Getty Images/AFP

Kansas City Chiefs quarterback Patrick Mahomes will be guaranteed $210 million over the next four seasons after restructuring his existing contract with the club, US reports said on Monday.

Mahomes, 28, signed a 10-year contract extension in 2020 worth $450 million that ties him to the club until 2031.

However the reigning Super Bowl champion Chiefs have reworked that deal in order to boost Mahomes’ pay in the near term at a time when quarterback salaries have skyrocketed, multiple US reports said.

Mahomes, widely regarded as the best quarterback in the NFL, will now receive a guaranteed $210.6 million between 2023 and 2026, a figure that could rise to $218.1 million if certain targets are met.

While Mahomes remains contracted through 2031, the Chiefs and their quarterback plan to revisit the deal once more after the 2026 season, reports said.

Patrick Mahomes Kansas City Chiefs NFL

Patrick Mahomes #15 of the Kansas City Chiefs warms up before the game against the Jacksonville Jaguars at EverBank Stadium on September 17, 2023 in Jacksonville, Florida. Mike Carlson/Getty Images/AFP

Under the reworked contract, Mahomes will be paid an average of $52.65 million per season, which is second only to the Cincinnati Bengals’ Joe Burrow in terms of annual salary.

Burrow recently signed an NFL record contract extension that is worth a reported $275 million over five years.

Burrow’s deal was one of a wave of recent quarterback contracts that eclipsed Mahomes previous contract.

See also  NFL Draft: Breaking Down The Big Ten Selections

The Los Angeles Chargers’ Justin Herbert signed a five-year $262.5 million extension in July, while the Baltimore Ravens Lamar Jackson inked a $260 million five-year agreement in April. The Philadelphia Eagles’ Jalen Hurts also agreed a bumper contract in April worth $255 million over five years.

Mahomes was chosen by the Chiefs with the 10th pick of the 2017 NFL Draft and has since led the franchise to two Super Bowl titles, while winning NFL Most Valuable Player in 2018 and 2022.



Your subscription could not be saved. Please try again.



Your subscription has been successful.


Read Next

Don’t miss out on the latest news and information. like follow-us

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

See also  The 40-year-old man with the dragon tattoo

For feedback, complaints, or inquiries, contact us.

El deporte es una actividad física que involucra esfuerzo físico y destreza, realizada con el propósito de competir, entretenerse o mantener una buena salud. Puede abarcar una amplia variedad de disciplinas, desde deportes de equipo como el fútbol o el baloncesto hasta deportes individuales como la natación o el atletismo. El deporte es una parte importante de la cultura en muchas sociedades y ofrece beneficios tanto físicos como mentales a quienes lo practican regularmente.

Source_by_sports.inquirer.net

Check Also

Three-star TE Reiman Zebert Talks Stanford Commitment

Three-star TE Reiman Zebert Talks Stanford Commitment – Rivals.com PGRpdiBjbGFzcz0ncmEtY29udGFpbmVyIGRpc3Ryb19hZCc+CjxkaXYgY2xh c3M9J3ZpZGVvLWFkLXdyYXBwZXInPgo8c2NyaXB0IGFzeW5jIHNyYz0nLy9j LmpzcmRuLmNvbS9zL2NzLmpzP3A9MjI1NDYnIHR5cGU9J3RleHQvamF2YXNj cmlwdCc+PC9zY3JpcHQ+CjxkaXYgY2xhc3M9J3ZpZGVvLWNvbnRhaW5lcicg aWQ9J2RzX2RlZmF1bHRfYW5jaG9yJz48L2Rpdj4KPC9kaXY+CjwvZGl2PgoK Greg …

Leave a Reply

Your email address will not be published. Required fields are marked *