Mahomes signs record-breaking 10-year, $450 million contract extension with Chiefs

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Mahomes signs record-breaking 10-year, $450 million contract extension with Chiefs

The Kansas City Chiefs and Patrick Mahomes have reached an agreement on a massive extension as the team has secured the services of the 24-year-old quarterback through the 2031 season. Per Adam Schefter of ESPN, the 10-year deal is worth $450 million and could be worth up to $503 million and Mahomes has further secured himself with a $140 million injury guarantee, as well as a no-trade clause.

Mahomes, who was named the NFL MVP in his first season as a starter in 2018, led the Chiefs to the AFC championship game that season before they fell just short to the New England Patriots. Last year, Mahomes proved his 2018 campaign wasn't a fluke as he led the Chiefs to the Super Bowl, in which they beat the San Francisco 49ers 31-20, to win their first Super Bowl since 1969.

"Since he joined the Chiefs just a few years ago, Patrick has developed into one of the most prolific athletes in all of sports," Chiefs chairman Clark Hunt said in a statement released, as revealed on ESPN and AP.

"With his dynamic play and infectious personality, he is one of the most recognized and beloved figures to put on the Chiefs uniform. He's an extraordinary leader and a credit to the Kansas City community, and I'm delighted that he will be a member of the Chiefs for many years to come.'


Coach happy to have Mahomes secured

Mahomes has already accomplished some of the things that had never been seen before as, after winning the Super Bowl, he became the first player to win an NFL MVP award and a Super Bowl before turning 25.

"He's a natural leader and always grinding, whether that's on the field, in the weight room or watching film. He wants to be the best," Reid said. "He's a competitor, and his teammates feed off his energy.

He makes us all better as an organization, and we are blessed he's going to be our quarterback for years to come.' ' Chiefs General Manager Brett Beach thinks Mahomes is an extraordinary talent on the field but his personality is something that also should he praised.

"His abilities are so rare, and to couple that with an incredible personality is outstanding,'' Veach said of Mahomes. "We're going to continue to do everything we can to surround him with talent, and this deal provides us more flexibility to do that.

He's obviously an integral part to our success, and we're thrilled he's going to be the quarterback of the Kansas City Chiefs for a long time."