There was big NFL news on Monday as Kansas City Chiefs quarterback Patrick Mahomes signed a ten-year contract extension with a base new money value of $450 million and a possible maximum new money value of $475 million. When the remaining two years of his old money his added, Mahomes now has an opportunity to earn $502,631,905 in the next 12 years. With Mahomes’ contract being such big news, it’s worth breaking it down in a post to see what exactly it is and isn’t.
For starters, Mahomes had two years left on his original deal and he was set to earn a total of $27,631,905 through 2021.