Chiefs, Mahomes agree to 10-year, $503 million extension

Sports

FILE – In this Feb. 2, 2020, file photo, Kansas City Chiefs quarterback Patrick Mahomes (15) passes against the San Francisco 49ers during the first half of the NFL Super Bowl 54 football game in Miami Gardens, Fla. The Chiefs have agreed to a 10-year contract extension with Super Bowl MVP Mahomes keeping him around through 2031. The Chiefs had Mahomes under contract for the next two seasons but wanted a long-term deal in place with the quarterback who led them to their first championship in 50 years. ESPN.com reported the deal is worth $450 million with an injury guarantee of $140 million. (AP Photo/Patrick Semansky, File)

The Kansas City Chiefs made sure they’ll have Super Bowl MVP Patrick Mahomes around as long as possible.

Mahomes agreed to a 10-year extension worth $503 million, according to his agency, Steinberg Sports.

The deal is worth $477 million in guarantee mechanisms and includes a no-trade clause and opt-out clauses if guarantee mechanisms aren’t met. It’s the richest contract in professional sports history, surpassing Mike Trout’s $426.5 million deal with the Los Angeles Angels.

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