The big contract extension that everyone has been waiting for has been finalised.
Kansas City Chiefs quarterback Patrick Mahomes has agreed on a 10-year extension that will make him a Chief through the 2031 season.
It is reported that the contract is worth $503 million with $477 million of that coming in guarantees along with a no trade clause.
This extension was expected for Mahomes, with his rookie deal coming to an end the Chiefs could not risk losing him to free agency.
Being only 24 years old and already having an MVP, Super Bowl MVP and Super Bowl title to his name Mahomes has already built an impressive resume.
This is an exceedingly rare occurrence in the NFL considering the aggressive nature of the sport, teams would only usually hand out a five- or six-year extension to a franchise quarterback such as Mahomes.
Mahomes is only the sixth NFL player ever to get a 10-year contract. The last time this happened was all the way back in 2004 when Michael Vick signed a 10-year $130 million extension with the Atlanta Falcons.
With other big named quarterbacks such as Deshaun Watson and Dak Prescott up for extensions next season its anyone’s guess what could happen now.
However, with such a big contract like this comes with some negatives.
Now that Mahomes is the highest paid NFL player in history, the Chiefs will not be able to keep every player on their team which means Mahomes will have to start carrying the team that bit more. The Chiefs are under pressure to find value elsewhere on the roster.
Now that he has been given the money the pressure is now on Mahomes to step up to the next level. He is the future of the Chiefs.