KC Chiefs' Patrick Mahomes Contract Named One of Best Bargains in NFL

Chiefs signed Patrick Mahomes to a 10-year, $450 million contract extension in 2020.

At the time, the deal seemed massive and shocking.

Three years later, Mahomes' $45 million average annual salary ranks only 7th among NFL QBs.

Mahomes is playing at MVP level but costing less than peers.

Other young stars like Burrow and Herbert will soon sign deals that make Mahomes' look even more team-friendly.

Chiefs structured contract to pay Mahomes fairly while saving cap space to surround him with talent.

Deal is benefitting both Mahomes (gets paid) and the Chiefs (have flexibility).

Contract could be revisited but has achieved intended balance so far - Mahomes gets superstar money, Chiefs can build winner around him.

More Stories.