{"id":293013,"date":"2023-09-18T20:19:52","date_gmt":"2023-09-18T20:19:52","guid":{"rendered":"https:\/\/sportstons.com\/?p=293013"},"modified":"2023-09-18T20:19:52","modified_gmt":"2023-09-18T20:19:52","slug":"chiefs-qb-patrick-mahomes-agrees-to-terms-on-restructured-contract-for-record-pay-day","status":"publish","type":"post","link":"https:\/\/sportstons.com\/nfl\/chiefs-qb-patrick-mahomes-agrees-to-terms-on-restructured-contract-for-record-pay-day\/","title":{"rendered":"Chiefs QB Patrick Mahomes agrees to terms on restructured contract for record pay day"},"content":{"rendered":"<p>The days of Patrick Mahomes being underpaid relative to his QB counterparts are at an end.<\/p>\n<p>Mahomes and the Kansas City Chiefs have agreed to terms on a restructured contract that pays the QB $210.6 million between 2023 and 2026, the most in history over a four-year span, NFL Network Insiders Ian Rapoport and Tom Pelissero reported on Monday. The agreement could reach $218.1 million with escalators by the end of 2026.<\/p>\n<p>The $210.6 million is guaranteed over the next four years, per Rapoport and Pelissero.<\/p>\n<p>Sides also plan to revisit the deal again after the 2026 season, effectively cutting the remaining years on the deal from eight to three.<\/p>\n<h2>          <span>            Related Links          <\/span>        <\/h2>\n<ul>\n<li>              2023 NFL season, Week 2: What We Learned from Sunday&#x27;s games            <\/li>\n<li>              The First Read: Five burning questions off Week 2; plus, risers\/sliders &amp; Week 3&#x27;s most intriguing game            <\/li>\n<li>              NFL stats and records, Week 2: Colts&#x27; Anthony Richardson in elite company; Bills&#x27; Josh Allen back on track            <\/li>\n<\/ul>\n<p>In simple terms, the Chiefs moved up money to adequately compensate the NFL&#8217;s best player and shortened the deal to give Mahomes another shot at a pay day as QB contracts continue to rise.<\/p>\n<p>In 2020, Mahomes agreed to a 10-year, $450 million extension with the Chiefs that put him under contract through the 2031 season.<\/p>\n<p>Following Joe Burrow&#8217;s contract extension, Mahomes dropped to eighth among quarterbacks in average annual salary at $45 million, behind Burrow, Justin Herbert, Lamar Jackson, Jalen Hurts, Russell Wilson, Kyler Murray and Deshaun Watson. Now, the new cash flow gets Mahomes back to where he belongs near the top.<\/p>\n<p>Source: <a href=\"https:\/\/www.nfl.com\/news\/chiefs-qb-patrick-mahomes-agrees-to-terms-on-restructured-contract\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The days of Patrick Mahomes being underpaid relative to his QB counterparts are at an end. Mahomes and the Kansas <span class=\"more-text\">&hellip;<\/span><\/p>\n","protected":false},"author":2,"featured_media":293012,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Chiefs QB Patrick Mahomes agrees to terms on restructured contract for record pay day - Sportstons<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sportstons.com\/nfl\/chiefs-qb-patrick-mahomes-agrees-to-terms-on-restructured-contract-for-record-pay-day\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chiefs QB Patrick Mahomes agrees to terms on restructured contract for record pay day - Sportstons\" \/>\n<meta property=\"og:description\" content=\"The days of Patrick Mahomes being underpaid relative to his QB counterparts are at an end. 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