Mahomes to become NFL's first $500m player
Summary
Patrick Mahomes has signed a new contract that will make him the first NFL player to have a deal worth more than $500 million. This two-year extension will keep him with the Kansas City Chiefs until 2033 and raise his guaranteed earnings to $504.75 million.Key Facts
- Patrick Mahomes is a quarterback for the Kansas City Chiefs.
- He has won three Super Bowls with the Chiefs.
- The new contract is a two-year extension through 2033.
- The deal guarantees Mahomes $504.75 million in earnings.
- His previous 10-year contract was worth $450 million plus $50 million in incentives.
- The new contract will average $64 million per year from 2027 onward.
- This surpasses the previous highest NFL average salary of $60 million per year held by Dak Prescott.
- Mahomes suffered a knee injury in December 2023 but has led his team to five Super Bowl appearances in the past decade.
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