Mahomes Re-Structures
Congratulations to @PatrickMahomes on his restructured deal with the Kansas City Chiefs. He now receives $210.6M between 2023 and 2026; the most in NFL History over a four season span. His compensation for those years is guaranteed.
— Equity Sports (@EquitySports) September 18, 2023
The deal resets cash flow and guarantees for… pic.twitter.com/Cc41Mk00xr
Hurry-up Vikings, we ain't getting any younger!
Patrick Mahomes restructures contract for record 4-year deal
Kansas City Chiefs quarterback Patrick Mahomes has agreed to a restructured deal with the team that will pay the two-time Super Bowl winner a record $210.6 million over four years, Mahomes’ agency confirmed on its verified social media accountMonday.
The 2023-2026 agreement is the most in NFL history over that timeframe and is guaranteed, his agency, Equity Sports, said.
NFL Network Insiders Ian Rapoport and Tom Pelissero report that by the end of 2026, the deal could reach $218.1 million with escalators.
The two-time NFL Most Valuable Player and the Chiefs intend to revisit the contract following the 2026 season, Equity Sports said.
In July 2020, Mahomes signed a 10-year, $450 million contract extension that his agent said at the time was the most lucrative contract in sports history.
Equity Sports said Mahomes has received more than $273 million in guarantees since the original 2020 deal was signed.
https://www.cnn.com/2023/09/18/football/patrick-mahomes-record-contract-deal/index.html
Chiefs, QB Patrick Mahomes agree to terms on restructured contract.
— NFL (@NFL) September 18, 2023
He now receives $210.6M between 2023 and 2026; the most in NFL history over a four season span. (via @RapSheet, @TomPelissero) pic.twitter.com/cIkCVTSg8U
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