(WKRN) – Anyone with eyeballs knew a blockbuster deal was headed in the direction of Super Bowl MVP Patrick Mahomes, but reports indicate it is even bigger than anticipated.
UPDATE: Patrick Mahomes and the Chiefs have agreed on a 10-year deal worth $503 million that will keep him in Kansas City through 2031.
It is the first half a billion dollar deal in sports history and the richest deal in NFL history. NFL Network’s Tom Pelissero breaks down what the year-by-year numbers are, and what the guarantee mechanisms look like.
Although his signing bonus is “just” $10 million, he will have made $106 million fully guaranteed by March.