Football star Patrick Mahomes has reached an agreement to extend his 10-year contract worth up to $503 million with the Kansas Chiefs.
The record-breaking contract between football star Patrick Mahomes and the Kansas Chiefs Club has shocked the sports world, with a total value of 503 million USD and a term of 10 years.
According to ESPN, Patrick Mahomes will be with the Kansas Chiefs until 2031. The 24-year-old star will pocket at least 450 million USD and a maximum of 503 million USD from the defending NFL champion (Major American Football League).
Patrick Mahomes will receive 140 million USD if this player is fired by the Kansas Chiefs due to injury. The agreement between the two sides also has a clause about not transferring to another team.
The new contract between the two sides will take effect from April 2021, after the current contract expires. ESPN sources revealed that Patrick Mahomes will definitely receive $83 million in salary, not including bonuses, from 2021 to 2023.
This is considered the “biggest” contract ever in the sports world, surpassing the record deals of baseball star Mike Trout with the Los Angeles Angels ($426.5 million) or boxer Canelo Alvarez with streaming service company DANZ ($365 million).
Patrick Mahomes was selected by Kansas City at the 10th position in the 2017 NFL Draft and quickly became a famous football star as well as a world-famous sports star.
In Super Bowl LIV (March 2020), Patrick Mahomes led the Kansas Chiefs to a 31-20 victory over the San Francisco 49ers. Patrick Mahomes received the MVP (Best Player of the Match) title./.
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