On the Friday night before Super Bowl LVII, Patrick Mahomes’s agent Chris Cabott texted the Chiefs, nudging them on the idea of redoing the transcendent quarterback’s contract.
The response: In 48 hours, Mahomes would be a champion again, and at that point the team would work through all the “wonderfulness” that comes with that. Sure enough, the 27-year-old held up his end of the bargain, outgunning the Eagles in a wild Super Bowl shootout to win his second ring. And seven months later, the team has fulfilled its side of a promise that, everyone hopes, will lead to Mahomes being a Chief for the rest of his career.
After spending the past six months exploring amending the 10-year extension Mahomes signed in 2020 for the current fast-changing NFL economic times—and last month working on it in earnest—the team and its franchise player reached agreement on a unique restructure for a unique talent who’s spent the past five years at the pinnacle of the sport.
