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International Business Times UK
International Business Times UK
Sport
Michael Toledo

Patrick Mahomes Contract Explained: Inside the Historic $504.75M Chiefs Deal That Reset the NFL Market

Kansas City Chiefs star Patrick Mahomes (Credit: Patrick Mahomes/Instagram)

The Kansas City Chiefs have reworked Patrick Mahomes' contract into a record-breaking agreement worth $504.75 million (roughly £377 million), extending his stay through 2033 and cementing his position as the most valuable quarterback in NFL history.

The deal, which is the first in league history to surpass half a billion dollars in total value, strengthens the Chiefs' long-term commitment to their franchise star while resetting the financial ceiling for elite quarterbacks across the league. It also arrives at a pivotal moment in Mahomes' career following a serious knee injury sustained late in the 2025 season.

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