Chiefs' Patrick Mahomes gets historic payday with restructuring - ESPN

The Kansas City Chiefs and Patrick Mahomes have restructured his agreement, giving him $210.6 million between 2023 and 2026, the most money in NFL history over a four-season span. His compensation for those years is now guaranteed, the quarterback's agent told ESPN's Adam Schefter on Monday.

The Chiefs and Mahomes plan to revisit the agreement again after the 2026 season, Equity Sports CEO Chris Cabott, who negotiated the deal on behalf of Mahomes, told Schefter.

Mahomes became the NFL's highest-paid player in the summer of 2020 when he signed a 10-year extension worth $450 million. No player has since topped that contract in terms of total value, but several quarterbacks have passed Mahomes in average annual pay, including four this year — Lamar Jackson, Jalen Hurts, Justin Herbert and Joe Burrow.

The flurry of new contracts left Mahomes as the eighth highest-paid player at his position before Monday's agreement.

Mahomes' contract runs through the 2031 season.

Mahomes, 28, has been named NFL MVP twice and led the Chiefs to two Super Bowl victories — being named the game's MVP both times — in his first six seasons. The Chiefs are 1-1 this season, his seventh in the NFL.