Patrick Mahomes negotiated a historic restructuring of his contract with the Chiefs

Chiefs quarterback Patrick Mahomes got a new deal with his team, all after winning the MVP of the last Super Bowl.

In a historic restructuring, Kansas City Chiefs quarterback Patrick Mahomes made a modification to his contract with the franchise and will now receive $210.6 million between 2023 and 2026.

The Chiefs and Patrick Mahomes have restructured his agreement, giving him $210.6 million between 2023 and 2026, the most money in NFL history over a four season span. His compensation for those years is now guaranteed. Also, the Chiefs and Mahomes plan to re-visit the agreement… pic.twitter.com/7a2vlt9Si2

— Adam Schefter (@AdamSchefter) September 18, 2023

According to Adam Schefter of ESPN, bonuses for the coming seasons are assured, so one of the best players in history will have the peace of mind of good long-term remuneration.

It should be noted that the Chiefs and Mahomes plan to negotiate again after the 2026 season, but everything will depend on the player’s results in the upcoming NFL tournaments.

Mahomes, 28 years old, is the highest paid in the NFL since 2020, when he agreed to an extension of his contract for 10 years and up to 450 million. He will now have a good incentive for the next three seasons.

The experienced quarterback was named MVP of the 2023 Super Bowl. In just 5 seasons, he already has 2 regular season Most Valuable Player awards and the same number of Super Bowl MVP awards, something that only Tom Brady, Joe Montana, Steve Young and Peyton Manning, historical figures in the most demanding position in this sport.

Source: FanSided

2023-09-20 02:36:58
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