Overview
- Multiple outlets reported Wednesday that the Chiefs added two years and $239.05 million in new money to Mahomes' deal, and the team confirmed the extension in a post on X.
- The reworked contract raises the reported total to $504.75 million and can reach $522.25 million with incentives, with the first four years guaranteed at signing and contractual mechanisms that can make the full amount guaranteed.
- When the new money begins in 2027 the deal will average $64 million per year, which reporting says will set a new NFL record for average annual value.
- Mahomes is recovering from torn ACL and LCL surgery suffered in December 2025 and has been limited to 7-on-7 work in offseason activities as the team manages his rehab and cautious path toward training camp.
- The extension locks the Chiefs to their franchise quarterback through 2033, pushes Mahomes' projected career earnings sharply higher, and will affect Kansas City's salary-cap planning and the wider quarterback pay market.