Chiefs, Patrick Mahomes agree to 10-year, $450 million extension

[left-of-center2012]

The Chiefs and star quarterback Patrick Mahomes have reached agreement on a 10-year contract extension that ties him to Kansas City through the 2031 season, the team announced Monday.

League sources told ESPN's Adam Schefter that the deal is worth $450 million over the 10-year period. With a payout of at $477.6 million over the next 12 seasons, Mahomes will have the largest contract in American professional sports.

Mahomes, 24, was MVP of Kansas City's 31-20 victory over the San Francisco 49ers in Super Bowl LIV, becoming the first quarterback in NFL history to win a league MVP and Super Bowl before turning 25.

Overall, Mahomes has thrown for 9,412 yards with 76 touchdowns and 18 interceptions in 31 regular-season games. In five playoff games, he has thrown for 1,474 yards with 13 touchdowns and two interceptions.

https://www.espn.com/nfl/story/_/id/29418825/sources-chiefs-patrick-mahomes-agree-10-year-extension

[dameatball]

1. Sheesh. To play a game. Unreal...no...too real. I really did enjoy sports at one time.

Nothing against Mahomes getting what he can get. Just shows where our priorities are.

[UncleTomsEvilBrother]

4. Whenever I see deals this big,...

...I always think about the person rich enough to pay a person this much money. How was so much money accumulated?

[Rebl2]

5. I believe

the team is owned by the Hunt family. I believe their money came from oil? Not sure about this though.

[JonLP24]

7. It isn't government funded money he is being paid with

Though you can make a case stadium subsidies (which are a bigger problem) bring in more money to pay athletes but the fact the labor side of the equation is being paid so well is a bright side of capitalism. You can't have football games without football players.

[walkingman]

2. Fuck Football - enough is enough

[qazplm135]

3. only 140 million is guaranteed

so let's say they get 7 good years out of him...that's 20 million a year. I'm not sure that's even in the top 10.

Now if they actually get 12 good years out of him, that's 40 million a year which is about 5 million more per year than Russell Wilson, which given the talent levels involved is about right.

[dameatball]

6. Irks me, maybe because I have two talented teachers in the family.

[JonLP24]

8. Supply & demand rules most things in our capitalist society

Patrick Mahommes is more difficult to replace.

[dameatball]

9. I already understand the economics, it just is not warranted in value to society.