Patrick Mahomes Current Contract Amount and Deal Structure
Patrick Mahomes signed a 10-year contract extension with the Kansas City Chiefs in July 2020. The deal is worth up to $503 million, making it the largest in NFL history. The contract includes $141.4 million in fully guaranteed money at signing, with additional guarantees tied to injury and performance. The structure features a mix of base salary, roster bonuses, and signing bonuses designed to maximize cap flexibility for the Chiefs. The extension was reported by ESPN and confirmed by the NFL Players Association. Read ESPN's breakdown of the Mahomes deal.
Under the current deal, Mahomes's base salary for the 2025 season is set at $49.9 million, with a cap hit of around $48.7 million. The contract includes annual salary escalators based on performance and playing time. The deal also features a no-trade clause and limited release protections for the player. The structure allows the Chiefs to manage cap space while keeping Mahomes under contract through the 2029 season. The contract has been analyzed by Forbes as one of the most team-friendly supermax deals in professional sports. Forbes explains Mahomes contract guarantees.
Guaranteed Money, Signing Bonus, and Earnings Breakdown
Patrick Mahomes received a $40 million signing bonus as part of the 2020 extension. The guaranteed money at signing totals $141.4 million, which includes the signing bonus and injury guarantees. Additional guarantees were added in subsequent league years, bringing total guaranteed earnings to over $165 million through 2025. The contract also includes a $30 million roster bonus in 2026 that is fully guaranteed if Mahomes is on the roster at the start of the league year. The earnings structure is front-loaded to provide financial security early in the deal. OverTheCap shows Mahomes contract guarantees and cap hits.
From 2020 through 2025, Patrick Mahomes has earned more than $340 million in total contract value, including base salary, bonuses, and guarantees. His average annual salary under the deal is roughly $46 million, placing him among the highest-paid players in the NFL. The contract includes a $10 million per year escalator from 2026 onward if certain playing-time thresholds are met. The deal also features a $1 million roster bonus in 2025 and a $2 million roster bonus in 2026. The structure is designed to align Mahomes's earnings with team success and individual performance metrics. Spotrac details Mahomes contract salary table.
Salary Cap Impact and Comparison to Other NFL Quarterbacks
Patrick Mahomes's cap hit for the 2025 season ranks among the highest in the NFL. The Chiefs currently carry about $48.7 million in cap space dedicated to Mahomes, which limits their flexibility in free agency. The contract structure includes annual cap escalators that increase his cap number by roughly $1 million to $2 million per year through 2029. The deal has been compared to