NFL

Patrick Mahomes contract details: Salary and years remaining with the Chiefs

The Kansas City Chiefs are trying to do something no other NFL team has done: threpeat, so let’s take a look at the staggering salary package of their star quarterback.

MATTHEW STOCKMAN | AFP

Gidget Alikpala

Gidget writes for the latest news section of AS USA, covering breaking news and current affairs. She previously worked for TV for many years, both on and off-camera, as anchor, producer, and writer, reporting on topics from international to lifestyle news. She earned her master’s degree in journalism from the University of Missouri-Columbia.

Update: Jan 17th, 2025 11:07 EST

Kansas City Chiefs star quarterback Patrick Mahomes is leading his team in 2024 straight to the Super Bowl. The Chiefs enter the playoffs against the Texans with an impressive 15 - 2 record.

A half-billion dollar deal

The QB’s excellence was recognized by the franchise, and they made sure he would not go anywhere by signing him to a 10-year, $450 million contract extension in 2020. Thre three-time Super Bowl MVP makes an average salary of $45 million a year without including product endorsements or other off-field income.

Patrick Mahomes in the Divisional Round...
💫6-0 Record
💫1,813 Total Yards
💫16 Total TDs
💫0 INTs
💫70.4% Comp Pct
💫115.8 Passer Rating pic.twitter.com/PQ3F5ap78l
— NFL on CBS 🏈 (@NFLonCBS) January 14, 2025

This deal was the biggest-ever in the history of the NFL, and the third largest in the world of sports. Mahomes only trailed behind top earner Lionel Messi, whom soccer club F.C. Barcelona once signed to a 4-year, $674 million agreement, and Cristiano Ronaldo, whom the Al-Nassr soccer team locked in for 2.5 years for $536 million. However, all the aforementioned names were blown out of the water when Shohei Ohtani signed a $700,000,000 deal with MLB side Los Angeles Dodgers.

Salary plus endorsements

Anyway, back to Mahomes. The QB rakes in some $45 million per year as Chiefs quarterback. However, this is not his only source of income as he has also landed substantial endorsement deals, including those he inked with Subway and State Farm.

Patrick Mahomes - "I just like winning. If you win a lot and that causes you to be the villain, I'm okay with it." 🔥pic.twitter.com/oL48X89gcs
— Brad Henson Productions (@BradHensonPro) January 16, 2025

C.J. Stroud's contract details

NFL

Matthew Stafford's Rams contract includes a 2025 out

His extension is a far cry from the deal he first signed with the team when they chose him as the 10th pick overall in the 2017 draft. That one was a four-year, $16 million agreement which included a $10 million signing bonus.

Nine more years

With Mahomes’ long-term contract- particularly lengthy considering that the average length of an NFL football player’s career is 3.3 years- Kansas City fans need not worry that Mahomes is leaving anytime soon. His contract runs out in 2032, after which he becomes a free agent.