Patrick Mahomes did the Kansas City Chiefs a solid when he signed a 10-year, $450 million contract back in 2020. This deal allowed the Chiefs to become the first team in NFL history to appear in five Super Bowls within a six-season span, securing three Vince Lombardi trophies along the way.

In a show of loyalty, the Chiefs have now extended Mahomes' contract by two additional seasons, elevating the total value to $504.75 million, making him the first player in NFL history with a contract surpassing half a billion dollars, according to CBS Sports NFL insider Jonathan Jones. His new average annual salary of $64 million re-establishes him as the highest-paid player in the league. This new money will kick in starting 2027, tying Mahomes to Kansas City through 2033.

Notably, only Juan Soto of the New York Mets ($765 million) and Shohei Ohtani of the Los Angeles Dodgers ($700 million) have higher total contract values in North American professional sports.

Highest-Paid NFL Players (Average Per-Year Salaries)

• Patrick Mahomes (KC): $64M
• Dak Prescott (DAL): $60M
• Josh Allen (BUF): $55M
• Joe Burrow (CIN): $55M
• Trevor Lawrence (JAX): $55M
• Jordan Love (GB): $55M
• Matthew Stafford (LAR): $55M
• Brock Purdy (SF): $53M
• Justin Herbert (LAC): $52.5M
• Lamar Jackson (BAL): $52M

As Mahomes turned 30 on September 17, he holds the record for the most regular-season wins (95) and playoff wins (17) by a quarterback age 30 or younger. The Chiefs have achieved 111 wins during Mahomes' tenure as the starting quarterback from 2018-2025, the second-most in an eight-season span in NFL history, just behind Tom Brady's 112 victories.

Looking ahead, Kansas City is optimistic that the return of Eric Bieniemy as offensive coordinator will improve their offensive line and provide better protection for Mahomes, who was sacked a career-high 2.4 times per game in 2025.