National Football League (NFL) Kansas City Chiefs quarterback Patrick Mahomes has agreed on a 10-year contract extension worth $503 million with over $141 million injury guarantee, making him the highest-paid contract in any sports league in history.

(Photo : Reutersconnect)

According to CBS News, Mahomes recently agreed to the 10-year contract deal extension with the Chiefs that is worth $503 million. The contract also includes a $141 million injury guarantee. Mahomes led the Chiefs four months ago to victory in Superbowl LIV.

Aside from getting the highest-paid contract, Mahomes is also the first NFL player to win the Super Bowl MVP honors before the age of 25 years old.

The NFL confirmed that Mahomes' whopping contract is the highest so far in the league's history, while a report from ESPN said it is also the highest contract in any sports league.  

ESPN Senior NFL Insider Adam Shefter has posted on his Twitter the amount of the 10-year deal contract of Mahomes with the Chiefs.

Meanwhile, a published sports article in CBS News reported that the 10-year deal contract of Mahomes will be guided by a mechanism. This is to ensure that his annual salary never drops below the certain cap threshold. 

It is very rare to see a contract like this, but it also very rare to see an NFL player achieve so much during the early years of his career. 

It can be remembered that there was a rumor in January that the Kansas Chiefs was preparing a contract for Mahomes that would pay him at least $40 million for every season.

Reports about his contract extension was released as Mahomes entered the last year of his original four-year rookie contract worth $16.4 million. Mahomes was drafted in NFL in 2017 as the 10th overall pick.

The Kansas Chiefs quarterback could have earned $24.8 million if Mahomes agreed to play in his 5th-year option. However, he agreed to sign the 10-year-deal contract that makes him the highest-paid athlete in the world.

Mahomes will now join the NFL's highest-paid quarterbacks such as:

  • Russell Wilson- $35 million annual salary
  • Ben Roethlisberger- $34 million salary
  • Aaron Rodgers- $33.5 million annual salary
  • Jared Goff- $33.5 million annual salary
  • Kirk Cousins- $33 million annual salary
  • Carson Wentz- $32 million annual salary
  • Dak Prescott- $31.4 million annual salary
  • Matt Ryan- $30 million annual salary 

The ranking is based on the information from Over the Cap. Before Mahomes signed the 10-year extension deal, Wilson was the highest-paid NFL quarterback.

Mahomes will also be now included in the list of active highest-paid sports athletes in the world. Some of them are National Basketball Association (NBA) stars Stephen Curry and Lebron James, world boxing champs Floyd Mayweather Jr. and Manny Pacquiao, professional tennis player Roger Federer, and professional footballer Cristiano Ronaldo, among others.

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