Patrick Mahomes leaps past Dak Prescott as NFL's highest-paid QB with record Chiefs extension worth $504.75M

It seemed a bit, let's say, irregular implicit the past fewer years to spot NFL quarterbacks who had ne'er won oregon adjacent played successful a Super Bowl surpass Patrick Mahomes arsenic the league's highest-paid quarterback.

That's changing starting successful 2027.

On Wednesday, Mahomes vaulted implicit the full backmost battalion successful agreeing to a caller declaration with a two-year hold that is worthy $504.75 cardinal and ties him to the Kansas City Chiefs done the 2033 season. ESPN was archetypal to study the news.

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Kansas City Chiefs backmost Patrick Mahomes walks disconnected the tract aft an NFL crippled against the Las Vegas Raiders successful Kansas City, Mo., connected Oct. 19, 2025. (Reed Hoffmann/AP)

The woody is not yet signed but has been successful the works for weeks betwixt Mahomes' representatives astatine Equity Sports and Chiefs wide manager Brett Veach and his team.

The hold means Mahomes present has a declaration from 2026 to 2033 worthy implicit fractional a cardinal dollars implicit 8 seasons. That represents the archetypal NFL declaration to ascent implicit the half-billion-dollar mark.

Mahomes tin ascent arsenic precocious arsenic $522.25 cardinal if helium meets incentives.

And this: When $239.05 cardinal successful caller wealth kicks successful starting successful 2027, Mahomes volition beryllium averaging a reported $64 cardinal per season.

Kansas City Chiefs backmost Patrick Mahomes takes disconnected his helmet aft defeating the Buffalo Bills during the AFC Championship crippled astatine GEHA Field astatine Arrowhead Stadium successful Kansas City, Mo., connected Jan. 26, 2025. (Mark J. Rebilas/Imagn Images)

That beats the $60 cardinal per twelvemonth connected an yearly mean ground Dallas Cowboys backmost Dak Prescott gets arsenic the NFL's existent highest-paid quarterback.

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And it surely blows distant the $45 cardinal per twelvemonth mean Mahomes has been getting since signing his existent declaration successful 2020.

Back then, Mahomes signed a 10-year declaration worthy $450 million. It made him the highest-paid backmost successful the NFL.

But successful the ensuing years, players including Lamar Jackson, Justin Herbert, Brock Purdy, Tua Tagovailoa, Jared Goff, Trevor Lawrence, Josh Allen, Jordan Love and Prescott signed deals worthy much connected an yearly mean basis.

And you cognize however galore Super Bowl championships each those higher-paid QBs boast?

Zero.

Kansas City Chiefs backmost Patrick Mahomes is interviewed by Netflix newsman Stacey Dales aft a triumph against the Pittsburgh Steelers astatine Acrisure Stadium successful Pittsburgh, Pennsylvania, connected Dec. 25, 2024. (Barry Reeger-Imagn Images)

Mahomes has helped the Chiefs scope 5 Super Bowls. And they've won three.

That unsocial suggests Mahomes was underpaid portion averaging $45 cardinal per season. That, of course, tin beryllium debated due to the fact that Mahomes hasn't precisely posted vocation statistic successful caller years.

His yearly passing yards person declined each of the past 3 seasons since helium posted a career-high 5,250 passing yards successful 2022.

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But the statistic are affected by the endowment level astir him. The Chiefs person had violative enactment issues and the wide receiver formed has been successful flux and often inconsistent successful caller years.

The important happening is whether the Chiefs judge Mahomes to beryllium worthy of a raise. They've answered that question.

FOLLOW ARMANDO SALGUERO ON X: @ARMANDOSALGUERO