Football

left-of-center2012

(34,195 posts) Mon Jul 6, 2020, 05:32 PM Jul 2020

Chiefs, Patrick Mahomes agree to 10-year, $450 million extension

The Chiefs and star quarterback Patrick Mahomes have reached agreement on a 10-year contract extension that ties him to Kansas City through the 2031 season, the team announced Monday.

League sources told ESPN's Adam Schefter that the deal is worth $450 million over the 10-year period. With a payout of at $477.6 million over the next 12 seasons, Mahomes will have the largest contract in American professional sports.

Mahomes, 24, was MVP of Kansas City's 31-20 victory over the San Francisco 49ers in Super Bowl LIV, becoming the first quarterback in NFL history to win a league MVP and Super Bowl before turning 25.

Overall, Mahomes has thrown for 9,412 yards with 76 touchdowns and 18 interceptions in 31 regular-season games. In five playoff games, he has thrown for 1,474 yards with 13 touchdowns and two interceptions.

https://www.espn.com/nfl/story/_/id/29418825/sources-chiefs-patrick-mahomes-agree-10-year-extension

9 replies

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Chiefs, Patrick Mahomes agree to 10-year, $450 million extension (Original Post) left-of-center2012 Jul 2020 OP

Sheesh. To play a game. Unreal...no...too real. I really did enjoy sports at one time. dameatball Jul 2020 #1

Whenever I see deals this big,... UncleTomsEvilBrother Jul 2020 #4

I believe Rebl2 Jul 2020 #5

It isn't government funded money he is being paid with JonLP24 Jul 2020 #7

Fuck Football - enough is enough walkingman Jul 2020 #2

only 140 million is guaranteed qazplm135 Jul 2020 #3

Irks me, maybe because I have two talented teachers in the family. dameatball Jul 2020 #6

Supply & demand rules most things in our capitalist society JonLP24 Jul 2020 #8

I already understand the economics, it just is not warranted in value to society. dameatball Jul 2020 #9

dameatball

(7,603 posts)

1. Sheesh. To play a game. Unreal...no...too real. I really did enjoy sports at one time.

Reply to left-of-center2012 (Original post)

Mon Jul 6, 2020, 05:39 PM

Jul 2020

Nothing against Mahomes getting what he can get. Just shows where our priorities are.

UncleTomsEvilBrother

(954 posts)

4. Whenever I see deals this big,...

Reply to dameatball (Reply #1)

Mon Jul 6, 2020, 05:55 PM

Jul 2020

...I always think about the person rich enough to pay a person this much money. How was so much money accumulated?

Rebl2

(14,682 posts)

5. I believe

Reply to UncleTomsEvilBrother (Reply #4)

Mon Jul 6, 2020, 08:00 PM

Jul 2020

the team is owned by the Hunt family. I believe their money came from oil? Not sure about this though.

JonLP24

(29,348 posts)

7. It isn't government funded money he is being paid with

Reply to dameatball (Reply #1)

Sat Jul 11, 2020, 06:47 AM

Jul 2020

Though you can make a case stadium subsidies (which are a bigger problem) bring in more money to pay athletes but the fact the labor side of the equation is being paid so well is a bright side of capitalism. You can't have football games without football players.

walkingman

(8,335 posts)

2. Fuck Football - enough is enough

Reply to left-of-center2012 (Original post)

Mon Jul 6, 2020, 05:52 PM

Jul 2020

qazplm135

(7,496 posts)

3. only 140 million is guaranteed

Reply to left-of-center2012 (Original post)

Mon Jul 6, 2020, 05:52 PM

Jul 2020

so let's say they get 7 good years out of him...that's 20 million a year. I'm not sure that's even in the top 10.

Now if they actually get 12 good years out of him, that's 40 million a year which is about 5 million more per year than Russell Wilson, which given the talent levels involved is about right.