Kansas City Chiefs star quarterback Patrick Mahomes is leading his team in 2024 straight to the Super Bowl. The Chiefs enter the playoffs against the Texans with an impressive 15 – 2 record.
A half-billion dollar deal
The QB’s excellence was recognized by the franchise, and they made sure he would not go anywhere by signing him to a 10-year, $450 million contract extension in 2020. Thre three-time Super Bowl MVP makes an average salary of $45 million a year without including product endorsements or other off-field income.
Patrick Mahomes in the Divisional Round…
💫6-0 Record
💫1,813 Total Yards
💫16 Total TDs
💫0 INTs
💫70.4% Comp Pct
💫115.8 Passer Rating pic.twitter.com/PQ3F5ap78l— NFL on CBS 🏈 (@NFLonCBS) January 14, 2025
This deal was the biggest-ever in the history of the NFLand the third largest in the world of sports. Mahomes only trailed behind top earner Lionel Messiwhom soccer club F.C. Barcelona once signed to a 4-year, $674 million agreement, and Cristiano Ronaldowhom the Al-Nassr soccer team locked in for 2.5 years for $536 million. However, all the aforementioned names were blown out of the water when Shohei Ohtani signed a $700,000,000 deal with MLB side Los Angeles Dodgers.
Salary plus endorsements
Anyway, back to Mahomes. The QB rakes in some $45 million per year as Chiefs quarterback. However, this is not his only source of income as he has also landed substantial endorsement dealsincluding those he inked with Subway and State Farm.
Related stories
His extension is a far cry from the deal he first signed with the team when they chose him as the 10th pick overall in the 2017 draft. That one was a four-year, $16 million agreement which included a $10 million signing bonus.
Nine more years
With Mahomes’ long-term contract- particularly lengthy considering that the average length of an NFL football player’s career is 3.3 years– Kansas City fans need not worry that Mahomes is leaving anytime soon. His contract runs out in 2032after which he becomes a free agent.
