Patrick Mahomes lands record payout from Chiefs in reworked contract, per reports

This offseason, four of Patrick Mahomes' contemporaries set the new standard for NFL quarterback contracts.

Now, he's back in the game as one of the highest-paid quarterbacks. Mahomes agreed to a restructured contract with the Kansas City Chiefs on Monday, one day after his 28th birthday,

that will pay him $210.6 million guaranteed from the 2023 through 2026 seasons, the most ever for an NFL player in a four-year term, according to ESPN and NFL Network.

Despite the fact that Mahomes is under contract with the Chiefs through 2031, the two parties intend to reassess the contract after 2026, according to the reports.

According to rumors, Mahomes' reworked contract could be worth $218.1 million with contract escalators.

The changes came more than three years after Mahomes signed a 10-year, $450 million deal that put him the league's highest-paid player in terms of average yearly value.

Mahomes will earn $52.65 million per season from 2023 through 2026, ranking second to Cincinnati Bengals quarterback Joe Burrow's ($55 million) overall average yearly value and ahead of Los Angeles Chargers standout Justin Herbert's ($52.5 million).

Burrow, Herbert, Ravens standout Lamar Jackson, and Eagles quarterback Jalen Hurts all got new contracts this offseason, making them the highest-paid quarterbacks in the NFL.

Meanwhile, Mahomes' previously reported yearly pay of $45 million has dropped out of the top ten.

Burrow signed a five-year, $275 million contract with the Bengals earlier this month. Herbert agreed to a five-year, $262.5 million contract extension in late July.

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