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Report: Patrick Mahomes, Chiefs Agree to 10-Year Contract Through 2031 Season

First a Super Bowl championship. Now a new lucrative contract.

It's good to be Patrick Mahomes.

The Kansas City Chiefs agreed to a new 10-year contract with their new quarterback Monday to keep him under team control through 2031, according to ESPN's Adam Schefter.

This has been in the works for some time. Schefter reported in January 2019 the team was expected to extend the Texas Tech product following the 2019 season when he first became eligible for such a deal. Schefter noted Mahomes was expected to land a record-breaking contract that would end up "dwarfing" Green Bay Packers quarterback Aaron Rodgers' annual average of $33.