KANSAS CITY, Mo.
— The Chiefs and reigning NFL MVP Patrick Mahomes agreed to a restructure of his 10-year, $450 million contract that gives him a substantial boost in pay over the next four seasons, two people familiar with the deal told The Associated Press on Monday.
The revised agreement pushes some of the money Mahomes was scheduled to make going forward to the next four years, and the $210.6 million that is guaranteed over that span represents the most in NFL history. Mahomes will make $56.85 million this season, $44.5 million next season, $50 million in 2025 and $56.76 million for the 2026 season.
Mahomes set the market with his original extension with Kansas City, which remains the largest overall deal in the NFL. But several quarterbacks had since passed him in average annual value: Deshaun Watson with his $230 million deal with Cleveland last year; Jalen Hurts with his $255 million deal with Philadelphia; the Ravens' Lamar Jackson with a five-year, $260 million extension; Justin Herbert with a five-year, $262.
They also were trying to reach an agreement with All-Pro defensive tackle Chris Jones, who held out through Week 1 before finally agreeing to a reworked deal for this season that got him back on the field for Sunday's win in Jacksonville.
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