The NFL quarterback, 30, has reached a new contract agreement with the Kansas City Chiefs on Wednesday, June 10 that makes him the highest-paid player in the league, to the tune of $500 million-plus.<\/p>\n
With the contract extension, the signal-caller has signed the largest contract in NFL history at $504.75 million, his agency announced<\/a>.<\/p>\n The new agreement means Mahomes can call KC home until at least 2033, The Athletic reported<\/a>. ESPN<\/a> was first to break the news on the deal.<\/p>\n Patrick Mahomes in October 2025 Mahomes\u2019 previous deal was a 10-year, $450 million contract, signed in July 2020.<\/p>\n \u201cCHIEFS KINGDOM!!!! We are here to stay!\u201d the quarterback wrote on Instagram<\/a>. \u201cLove this place and the people that are apart of it and thank yall for being there for me and my family everyday! We ain\u2019t done yet tho! \u23f0\u201d<\/p>\n Follow your favorite athletes on and off the field with PEOPLE’s free sports newsletter<\/a> \u2014 sign up now!<\/p>\n The Texas native and his wife Brittany Mahomes<\/a> marked the news by sharing a carousel of\u00a0images, which included their three children \u2014 Sterling, 5, Bronze, 3, and Golden, 1 \u2014 celebrating the contract extension.<\/p>\n Dressed in Chiefs red, the family happily smiled from a dais as Patrick re-upped on his deal.<\/p>\n The team\u2019s front office was also excited about the news.<\/p>\n \u201cOver the last decade, Patrick has become one of the most iconic, beloved sports figures of all time,\u201d Chiefs chairman and CEO Clark Hunt wrote in a statement<\/a>. \u201cHe has helped lead our franchise to five Super Bowl appearances and three championships, he has been instrumental in shaping the Chiefs brand and putting Kansas City on the world stage, and on top of it all he has been an outstanding role model in the community.\u201d<\/p>\n Chiefs GM Brett Veach called the contract extension<\/a> a \u201chuge day for the Chiefs, Patrick and really all of Chiefs Kingdom.\u201d<\/p>\n \u201cThis is a landmark deal for a once-in-a-lifetime player,\u201d Veach said.<\/p>\n Read the original article on People<\/a><\/p>\n![\"Patrick](\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/06\/f5d3d345297d2a6ffc8c6d400f0f07d8.jpeg\"\/)
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Credit: Jamie Squire\/Getty<\/p>\n