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Yes you read that right. The Kansas City Chiefs have signed former MVP quarterback Patrick Mahomes to a 10-year extension. Adam Schefter was the first to give this groundbreaking news on Twitter.

Chiefs and QB Patrick Mahomes have reached agreement on a 10-year — 10-year! — contract extension that ties him to Kansas City through the 2031 season, league sources tell ESPN.
— Adam Schefter (@AdamSchefter) July 6, 2020

The deal is reported to be worth over $400 million. Yes, a football contract worth $400 million. Not only will the deal make Patrick Mahomes the highest paid player in the NFL, but also in all of sports.

Patrick Mahomes had two years and $27.6 million left on his existing deal — $2.8M this year, $24.8M in 2021.

His 10-year extension is worth over $400M, though it's still uncertain how much over.

So the lowest his 12 year-deal could be worth is $427.6 million. But will be more.
— Adam Schefter (@AdamSchefter) July 6, 2020

Surpassing Mike Trout's $426.5M for the largest contract ever in North American sports history. https://t.co/ikrYHsRVVu
— Field Yates (@FieldYates) July 6, 2020

This will make it the largest contract not just in NFL history, but in sports history. https://t.co/lKqNNqMGq7
— Adam Schefter (@AdamSchefter) July 6, 2020

This is an insane deal. Mahomes delivered a Super Bowl this past season to Kansas City and is a former MVP. He’s done this all in just three years in the league. There is no doubt he is the face of the league and will continue to grow.

This is a developing story. Stay tuned!!

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