This deal structure really has been win-win for KC and Mahomes.
The first (almost) half-billion-dollar deal was almost immediately a bargain for the Chiefs, but Mahomes has always been destined to take home every cent of it, and now more.
His career earnings are going to be off the charts, but his deal will be team-friendly throughout most of it.
Legit agent/team win.
The new money on Patrick Mahomes’ deal is worth $239.05 million, with the total value now at $504.75 million from 2026-33, with the first four years being guaranteed at signing. All $504.75 million becomes guaranteed through contract mechanisms.
Mahomes can earn up to $522.25 through incentives and escalators. Beginning in 2027, when the new money begins, the deal averages $64M per year, setting a new NFL record for average annual value.