Chiefs Plan To Extend Patrick Mahomes After 2019; Mahomes Could Earn $200MM+

The Chiefs are expected to pursue extensions for a few key members of their roster this offseason, and it makes sense for the club to get those commitments out of the way, because it will have a particularly big order of business to take care of after the 2019 season. At that point, quarterback Patrick Mahomes will be eligible for a long-term extension of his own, and Adam Schefter of ESPN.com reports that Kansas City is expected to work out a second contract with him before the 2020 campaign.

That contract, per Schefter’s sources, could be the league’s first $200MM deal. If that’s the case, Mahomes would dwarf Matt Ryan‘s recent extension with the Falcons, which has a total value of $150MM, and Schefter suggests that Mahomes’ new pact would include an average annual value that far eclipses Aaron Rodgers‘ $33.5MM mark.

Mahomes is also expected to become much more visible this offseason, according to his agent, Leigh Steinberg. Mahomes will likely be named the league’s MVP this season, but Steinberg has instructed Mahomes to keep a low public profile to this point. Now that his client has taken the football world by storm, Steinberg says that Mahomes is in line for multiple marketing deals and television commercials.

Speculatively, Kansas City could attempt to frontload expected extensions for players like Tyreek Hill and Chris Jones to create more flexibility when Mahomes cashes in. Mahomes, just 23, passed for 5,097 yards and a league-leading 50 touchdowns in 2018, and he will lead the Chiefs against the Patriots in a much-anticipated AFC title game this afternoon.

A Super Bowl appearance or two will only increase Mahomes’ otherworldly asking price.

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