When Did Mahomes Sign His Contract? A Timeline of the Kansas City Chiefs' Quarterback's Deal
Hello, Chiefs Kingdom! Today, we're diving into the history of Patrick Mahomes' contract with the Kansas City Chiefs. So, when did Mahomes sign his contract? Let's take a walk down memory lane and break it down for you. Guys, explore more in Guides And Explainers and when did mahomes sign his contract.
Mahomes' Rise to Stardom
Before we get into the nitty-gritty of Mahomes' contract, let's briefly recap his journey to becoming one of the NFL's highest-paid players.
Drafted in 2017, Mahomes quickly proved he was the real deal. In his first season as a starter in 2018, he led the Chiefs to a AFC Championship and was named the NFL MVP. Since then, he's been a force to be reckoned with, winning a Super Bowl in 2019 and being named Super Bowl MVP.
Mahomes' First Contract: The Rookie Deal
Mahomes was drafted by the Kansas City Chiefs with the 10th overall pick in the 2017 NFL Draft. As a rookie, he signed a four-year contract worth $16.7 million, including a signing bonus of around $10 million.
The Big Deal: Mahomes' 10-Year Extension
Now, you're probably wondering, when did Mahomes sign his big contract? In July 2020, Mahomes agreed to a 10-year contract extension with the Chiefs, making him the highest-paid player in NFL history at the time. The deal was worth a whopping $503 million, with $477 million in guarantees.
Here's a breakdown of the contract:
- Base value: $503 million over 12 years (including the 2021 option year) - Guaranteed money: $477 million - Signing bonus: $141.4 million - Guaranteed at signing: $141.4 million
The Contract's Option Year
Mahomes' contract includes an option year for 2021, which the Chiefs exercised in February 2021. This means Mahomes' contract is now set to run through the 2031 season.
Mahomes' Contract: A Timeline
- 2017: Mahomes signs a four-year, $16.7 million contract as a rookie. - 2020: Mahomes agrees to a 10-year contract extension worth $503 million, making him the highest-paid player in NFL history. - 2021: The Chiefs exercise the option year in Mahomes' contract, extending it through the 2031 season.
So, there you have it, folks! Now you know when Mahomes signed his contract and the details of his deal. It's safe to say the Chiefs have their franchise quarterback locked in for the long haul.