Chiefs extend Patrick Mahomes deal to $504.75m through 2033
The Kansas City Chiefs extended Patrick Mahomes' contract to $504.75 million through 2033, making him the NFL's highest-paid player by average annual salary.
Mehmet Şahinoğlu ·

The Kansas City Chiefs have reworked quarterback Patrick Mahomes’ contract by adding two seasons, pushing the total value to $504.75 million and tying him to the franchise through 2033, according to details reported in the original story. The adjustment makes Mahomes the first NFL player to reach a total contract value above $500 million. The new money is set to begin in 2027.
The revised terms lift Mahomes’ average annual value to $64 million, which would put him back on top of the league on that measure. The figures cited in the report list Dak Prescott at $60 million and Josh Allen at $55 million, along with several other quarterbacks at or around $55 million.
Mahomes originally signed a 10-year, $450 million deal in 2020, a contract structure that helped Kansas City retain a championship-caliber core. The new extension adds two years to that framework and increases the overall value without changing the basic point that Mahomes remains a long-term centerpiece for the Chiefs.
What the numbers say about Mahomes’ run
The report notes Mahomes turned 30 on Sept. 17 and has compiled 95 regular-season wins and 17 playoff victories, the most by any NFL quarterback by age 30. It adds that Kansas City has reached five Super Bowls in a six-season span with Mahomes, winning three of them during that stretch.
Including postseason games, the Chiefs’ 111 total wins during the eight seasons Mahomes has been the team’s starting quarterback (2018–2025) are described as the second-most in an eight-season span in NFL history, one behind Tom Brady’s 112 wins from 2014 to 2021 with New England and Tampa Bay.
What Kansas City will watch next
The same report points to the return of Eric Bieniemy as offensive coordinator as a storyline for 2026 and beyond, with an emphasis on improving the offense and better protecting Mahomes. It also states Mahomes was sacked a career-high 2.4 times per game in 2025 and posted a career-low 41.9% completion rate when under pressure last season.
How the offense responds in 2026, and how the contract structure supports roster planning as the new money approaches in 2027, will be central to Kansas City’s next phase with Mahomes under center.