Ryan Glasspiegel
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Patrick Mahomes has agreed to a deal with the Chiefs through 2031 — yes, you heard that right, 2031!! — according to Adam Schefter:
Chiefs and QB Patrick Mahomes have reached agreement on a 10-year — 10-year! — contract extension that ties him to Kansas City through the 2031 season, league sources tell ESPN.
— Adam Schefter (@AdamSchefter) July 6, 2020
It was a matter of when and not if Mahomes was going to ink a blockbuster extension, but the duration of this deal is remarkable. We will see how much money is on the deal and more importantly how much is guaranteed for injury and how much is fully guaranteed.
Going to guess the 10-year gross total is somewhere between $350 million and $400 million, and you can say right now that the defending Super Bowl champion quarterback deserves that kind of deal.
UPDATE: Schefter has more details:
The interesting part is, the Chiefs have been adamant that they would not tie a new Patrick Mahomes' deal to percentage of the cap. So this is going to be interesting to see the deal's final structure. https://t.co/CEEOtjRLBR
— Adam Schefter (@AdamSchefter) July 6, 2020
Patrick Mahomes' 10-year extension with the Kansas City Chiefs is worth over $400 million in total, per league sources.
The more significant question is, How much over $400 million?
— Adam Schefter (@AdamSchefter) July 6, 2020
The specifics here about how much is tied to the cap plus the amount of guarantees will really be something to behold.
Wow! Good for Mahomes. Now, when does the woke mob come for the Chiefs?
Good for both parties. Mahomes’ likely value when he enters FA is likely to be higher than the per year average here for the long-term deal. Nevertheless, a 10-year contract shown to a proven superstar QB is also indicative of Chiefs’ commitment when they could have play out Mahomes’ rookie contract.
Change The Name. It’s a slander of something or someone a long time ago. I think. And even if I’m wrong, change it. We can change it back later. Because that’s how much it matters.
I never liked my name. I wanna be called Banana Hammock from now on! Still a bad lawyer, but with a kool name ?