The chiefs signed a start quarterback to a 10-year extension on top of the two years he has remaining, making it a 12-year tenure deal in total and the richest contract in NFL history. “Is this the part of the show where am I supposed to remind you that a team moved up in 2017 national football league (NFL) draft to get a quarterback and it was not Patrick Mahomes, I think that was you’re your bears and Michel true Biscay.
I’ll tell you if you are going to pay anybody, it is only going to be Patrick Mahomes. He is only 24-year-old and he is already the best player in his sports. If you look at guys like LeBron, Mike Trout, Alexander, Ovechkin, and great players in their sports.
They have not done what Patrick Mahomes has done in the last calendar a year, and that wins a championship. This is not a guy we are not going to be judging how many times he is on the cover of Madden live or how many Most Valuable Players (MVPs) he wins in the regular season. It going to be about super bowls, he has already one and he is super bowl MVP. This is money well spent by the Kansas City”, the expert opinion says about the deal and Mahomes.
The worth of this deal:
ESPN’s Adam Schefter was told by the League sources that $450 million is the worth of this deal, which lock up Patrick Mahomes in Chiefs, over the 10-year period and could also be worth up to 503 million US dollar.140 million USD injury guarantee is also included in this deal, as well as a no-trade clause is also part of this deal.
What Chiefs chairman Clark Hunt said about Patrick Mahomes?
“Since Patrick has joined the Chiefs (one of the top national football league teams now) just a few years back, Patrick has created into one of the most productive and inventive athletes in all of the sports”, Chiefs chairman Clark Hunt said in a statement about the Patrick Mahomes, who led the team to its first championship in 50 years.
“With Patrick’s potential play and irresistible and compelling personality, Mahomes is one of the most praised, recognized, and loved figures to wear on the Chiefs uniform. Patrick Mahomes is an extraordinary controller, leader and a credit to the Kansas City and its community, and I am glad that he (Patrick) will be a member of the Chiefs for many years to come, as Patrick signed a 10-year deal recently with Chiefs”, the chairman added while talking to media personals.
How much Patrick will have as a result of this deal?
On his fifth-year option, The Chiefs picked up Mahomes for the 2021 season in April. That put him under commitment for the next two seasons of the National Football League. Patrick Mahomes had two years and 27.6 million USD left on his deal (2.8 million US dollars this year and 24.8 million USD in the coming year). The 10-year extension in his contract puts Patrick under deal with the Chiefs for the next twelve (12) seasons.
Mahomes will get 83 million USD, plus in signing bonuses from 2021-2023 ($21.7 million in ’21, $27.4 million in ’22, $34 million-plus in ’23). The first three years are guaranteed fully, ESPN’s Jeremy Fowler was told by ESPN sources.
The Chiefs added 25m USD in incentives over 10 years for Mahomes. Starting in 2022 and for 10 years running, Mahomes will have a $1.25 million impetus for winning the American Football Conference (AFC) Championship Game and a $1.25 million impetus for winning National Football League (NFL) Most Valuable Player (MVP), a source told Schefter.