Chiefs quarterback Patrick Mahomes reportedly has agreed to a massive 10-year contract extension, according to ESPN's Adam Schefter. Mahomes has two more years left on his current deal with Kansas City, so this extension would keep him with the Chiefs for 12 more seasons.
Chiefs and QB Patrick Mahomes have reached agreement on a 10-year -- 10-year! -- contract extension that ties him to Kansas City through the 2031 season, league sources tell ESPN.
— Adam Schefter (@AdamSchefter) July 6, 2020
NFL Media's Ian Rapoport reported the deal is worth $503 million.
The #Chiefs and QB Patrick Mahomes have agreed to terms on a 10-year extension worth $503 million, sources tell me and @TomPelissero. He gets $477M in guarantee mechanisms and gives the ability for Mahomes to have outs if the guarantee mechanisms aren't exercised. No trade clause
— Ian Rapoport (@RapSheet) July 6, 2020
The Chiefs won their first Lombardi Trophy in 50 years last season when Mahomes led a fourth quarter comeback against the San Francisco 49ers in Super Bowl LIV. Mahomes won Super Bowl MVP, adding to the NFL MVP he won during the 2018 campaign. The 24-year-old quarterback has thrown 76 touchdown passes with only 17 interceptions in the last two seasons (30 games played).
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Mahomes is the best quarterback in the league, and his résumé through three pro seasons -- the last two of which he's been the full-time starter in Kansas City -- is absolutely astounding.
What does this news mean for the Patriots?
Well, the Chiefs aren't going anywhere. Kansas City will continue to be a top contender in the AFC as long as Mahomes is healthy. He has a 25-8 record as a starter in the regular season, in addition to a 4-1 playoff record that includes a Super Bowl title.
The Chiefs will return 20 of 22 starters from their Super Bowl winning roster, kept Eric Bienemy as their offensive coordinator, added Clyde Edwards-Helaire and just signed Patrick Mahomes to a 10-year extension through 2031. What an offseason.
— Field Yates (@FieldYates) July 6, 2020
The Chiefs also have been one of the league's highest-scoring offenses (32-plus points per game) in the league over the last two seasons, and no lead is safe when Mahomes has the ball. The Patriots found that out first hand during the 2018 AFC Championship Game in Kansas City. New England held a 14-0 halftime advantage, and it also led 24-21 and 31-28 late in the fourth quarter before losing both and having to play overtime. Former Patriots quarterback Tom Brady won the game in the OT period with an incredible touchdown drive on the first possession.
The AFC title win in 2018 was one of two victories for the Patriots in three matchups versus Mahomes. New England beat him twice in 2018 and lost in the 2019 regular season when the Chiefs earned a 23-16 Week 14 win at Gillette Stadium.
The Chiefs will play the Patriots again in the 2020 regular season in a Week 4 matchup at Arrowhead Stadium. You can bet the Patriots and Chiefs will play plenty more times throughout the length of Mahomes' reported extension, and it would be pretty fun if some of those games came in the playoffs.
NFL rumors: Chiefs' Patrick Mahomes agrees to huge 10-year contract extension originally appeared on NBC Sports Boston