Mahomes inks $504.75M Chiefs deal, NFL’s first half-billion contract
Patrick Mahomes and the Kansas City Chiefs agreed to a reworked contract totaling $504.75 million from 2026 through 2033, the first NFL deal valued over $500 million. The package includes $239.05 million in new money, with four years guaranteed at signing and a potential total of up to $522.25 million with incentives, averaging about $64 million per year starting in 2027. Mahomes is recovering from a torn ACL and aims to be ready for Week 1.