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What does Patrick Mahomes’ restructured deal look like? Breaking down QB’s changed contract agreement

ymutum
722 days ago

Patrick Mahomes, the Kansas City Chief QB, will now be earning close to $210.6 million from 2023 to 2026 in a four-year span in NFL history.

The Chiefs and Mahomes have come to an agreement to restructure for the special talent who has spent his past five years at the pinnacle of the sport.

Mahomes’ agency revealed on its verified social media account on Monday that the two-time Super Bowl winner agreed to a $210.6 million deal for four years.

Mahomes’ agency, Equity Sports, guaranteed that this is going to be the biggest 2023-2026 contract in NFL history over this timeline.

The NFL Network Insiders Ian Rapoport and Tom Pelissero projected that by the end of 2026, the unique deal could reach $218.1 million.

Back in July 2020, he signed a 10-year deal with a $450 million contract extension that his agent claimed was the most lucrative agreement.

Equity Sports preferred cash flow better than guarantees, this can be explained by Mahomes safety and the need to not worry about the Chiefs cutting him.

In the coming four years, the Manhome restructure agreement includes a raise, as he will make a raise of roughly $43.3 million in total over the next four years.

This raise includes a $13.9 million raise this year, a $6.55 million raise in 2024, an $8.05 million raise in 202525, and a $14.8 million raise in 2026.

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