Chiefs, Patrick Mahomes agree to 10-year extension 450 million but could be 503 miliion includes 140 injury guarantee

The Kansas City Chiefs and quarterback Patrick Mahomes have reached agreement on a 10-year contract extension that ties him to Kansas City through the 2031 season, league sources tell ESPN's Adam Schefter. The Chiefs picked up Mahomes' fifth-year option for the 2021 season in April, putting him under contract for the next two seasons. The 10-year extension puts him under contract with the Chiefs for the next 12 seasons. When the news breaks, if it does at all, it will be fascinating to see the ultimate terms of the deal in both length and cost. Will the Chiefs want Mahomes around for a startling amount of time? We already know the money involved is going to include a record-setting number as well. Some guesses have put Mahomes in the $40 million/year range, which would make him the highest-paid player in NFL history. No matter the figure, the reality is that Mahomes is a player unlike any other right now. Not even 25-years-old, Mahomes already has a Super Bowl ring, an NFL MVP, a Super Bowl MVP, and a Pro Bowl MVP trophy on his mantle. The Chiefs are loaded for another run at the title, and Mahomes’ presence under center will ensure the Chiefs are contenders for the foreseeable future.