Chiefs, Patrick Mahomes agree to reworked deal worth more than a half-billion dollars

The Kansas City Chiefs and quarterback Patrick Mahomes have agreed to a restructured contract that adds two years to his deal, pushing total compensation past a half-billion dollars. This extension ties the two-time MVP to the Chiefs through the 2033 season, when Mahomes will be 38. The new agreement is valued at $504.75 million, with incentives and escalators potentially increasing the total value beyond $520 million, following his benchmark 10-year, $450 million contract signed in 2020.