The Texas native played at Texas Tech before being drafted.

': Living in Australia's hardest-hit coronavirus hotspot, Woman fined $600 after explicit video of Broncos player Kotoni Staggs circulated online, 'Outrageous lies': Labor complains to Facebook and Twitter over Palmer party death tax claim, Challenge to Victoria's tough coronavirus lockdown reaches High Court, Passengers from New Zealand detained in Melbourne, 'We're really behind': Backlash after council votes against flying Aboriginal flag, Thailand PM says he's not quitting after months of anti-government protests. By Kevin Dotson and Hollie Silverman, CNN. I’ve given this number to somebody. The deal includes $477 million in guaranteed mechanisms, and the ability for Mahomes to have outs if guarantee mechanisms aren't exercised. That prompted Mahomes's agency to label its client the "first half billion dollar player in sports history". ESPN reported the new contract was worth at least $US450 million, but with the remaining money on his current deal, plus bonuses tied into the new one, the number could climb over $US500 million ($716 million). The contract extension starts in 2022 when the NFL salary cap is projected to be $227.5 million, but that number could be lower depending on revenue losses due to the coronavirus pandemic and the possibility any games played this season will not have fans. Mahomes secured with Chiefs for the next 12 seasons. All market data delayed 20 minutes. But the average everyday person will still be able to do some fun activities that Mahomes’ contract with the Chiefs prohibits him from doing. The team quickly zeroed in on Kelechi Osemele and signed the veteran to a one-year contract with a base salary of just $1.05 million. "He's an extraordinary leader and a credit to the Kansas City community, and I'm delighted that he will be a member of the Chiefs for many years to come," Hunt added. History made. Quarterback Patrick Mahomes and the Chiefs have reached an agreement on a 10-year contract extension, the team confirmed on Monday. Patrick Mahomes’ record-breaking 10-year contract extension with the Kansas City Chiefs worth $503 million will inevitably allow him to purchase big-ticket items whenever he wants.
Mahomes was selected with the 10th pick in the 2017 NFL draft and since then has won the league's Most Valuable Player Award his second season, then led the Chiefs to their first Super Bowl win in 50 years, being named MVP of this year's title game in the process. CNN has reached out to Mahomes' agent for more details on the blockbuster deal. FAQ - Updated Privacy Policy. Will Gadd: 'Mountain Hero' climbs Kilimanjaro's now-melting ice cap, Roma legend Totti visits young fan who awoke from coma, Karting driver investigated over attack on track, Told she was 'too heavy' by model agency, she became an Olympian instead, Matthias Dandois: The world champion BMX rider and photographer, Diego Mentrida: The act of sportsmanship that made Will Smith cry, Naomi Osaka on raising awareness for racial injustice with her masks, Yashasvi Jaiswal, the Indian ex-street vendor set to make IPL debut, Magnus Carlsen aims for 'redemption' against Garry Kasparov, Andri Ragettli: Pro skiing champion lives double life as social media star, Russian footballer hit by lightning is back in training, led the Chiefs to a Super Bowl championship. I’m sure baseball is not going to be allowed as well. ESPN reported the new deal has a $US140 million guarantee in the event of a serious injury and a no-trade clause. Largest contract in sports history.

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The best part of this first picture is that everyone in it was in our very first picture in Lubbock, TX a little over three and a half years ago. The video concluded with: "And We're Staying Together.... For A Long Time. The Chiefs traded up to select Mahomes with the No. The deal will be … The danger with long contracts in a contact sport is that one bad knock can turn a no-brainer deal into a disastrous albatross. Refinance vs. loan modification: Which is better? Legal Statement. Mahomes will take up a big chunk of Kansas City's salary cap, about 20 per cent, which could make it difficult for the Chiefs to sign other stars, but general manager Brett Veach said the contract allowed them to ensure Mahomes is not forced to be a one-man team.

The Chiefs and the quarterback reached an agreement … Mahomes won the NFL MVP award his first season under center for the Chiefs, and he guided the team to the AFC Championship before falling to the New England Patriots in overtime. This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COM, “It’s just the numbers that text me that I have zero idea who it is, and they congratulate me,” the told the radio station.
PATRICK MAHOMES' RECORD $503 MILLION CONTRACT DETAILS REVEALED. He also has a no-trade clause. Here is some of the reaction around the league following Mahomes’ contract extension: This material may not be published, broadcast, rewritten, or redistributed. Here's what we know about the plan to bring more Aussies home, 'You always do this': It wasn't a debate stage, but Trump still clashed with a moderator at his town hall, Andrews says Sunday will focus on easing 'social' restrictions, children's hospital patient tests positive, First flight as part of NZ travel bubble arrives in Sydney as COVID-19 outbreak confirmed at childcare centre, Multiple surgeries for woman attacked by magpie in same spot where man was almost blinded, 'Am I next? Should you get a personal loan to pay off credit card debt? It’s really cool to see.”, KC Chiefs QB agrees to largest contract in NFL history, Cracker Barrel executive says pandemic accelerated menu changes, altered restaurant's holiday offerings, Stock futures search for direction ahead of retail sales, earnings reports, Ford's quarterly China sales rise 25% from year ago. He’s an extraordinary leader and a credit to the Kansas City community, and I’m delighted that he will be a member of the Chiefs for many years to come.”. “I still don’t think I’m allowed to play basketball. (CNN) The NFL's Kansas City Chiefs have signed their quarterback Patrick Mahomes to a 10-year contract extension that his agent says is the most …

In a post on Instagram, Mahomes' agent Chris Cabott touted the historic nature of the massive contract. The Kansas City Chiefs have handed 24-year-old Super Bowl-winning quarterback Patrick Mahomes a contract extension reportedly worth between $US477 million and $US503 million. First time MLB and NBA concepts woven into NFL contract. He also has a no-trade clause.

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