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Sources: Chiefs, Patrick Mahomes agree to 10-year extension

The Kansas City Chiefs and quarterback Patrick Mahomes have reached agreement on a 10-year contract extension that ties him to Kansas City through the 2031 season, league sources tell ESPN's Adam Schefter.

The Chiefs picked up Mahomes' fifth-year option for the 2021 season in April, putting him under contract for the next two seasons. The 10-year extension puts him under contract with the Chiefs for the next 12 seasons.

The Chiefs had said they intended to sign their franchise quarterback to an extension but had previously indicated it might not happen until after this season.