Patrick Mahomes

Kansas City Chiefs, Quarterback
Age: 28-278d (Sep 17, 1995)
Exp: 8 Years
Country: US
College: Texas Tech
Drafted: Round 1 (#10 overall), 2017
Agent(s): Chris Cabott, Leigh Steinberg (Equity Sports)
2024 Cap Hit

$37,008,269

2024 Cash

$45,750,000

Career Earnings

$136,254,472

2020-2031 Extension (CURRENT)

Patrick Mahomes signed a 10 year , $450,000,000 contract with the Kansas City Chiefs, including $10,000,000 signing bonus, $141,481,905 guaranteed, and an average annual salary of $45,000,000. In 2024, Mahomes will earn a base salary of $9,850,000, a roster bonus of $7,900,000, a restructure bonus of $27,000,000 and a workout bonus of $1,000,000, while carrying a cap hit of $37,008,269 and a dead cap value of $113,596,314.
Contract Terms:
10 yr(s) / $450,000,000
Average Salary:
$45,000,000
Signing Bonus:
$10,000,000
GTD at Sign:
$63,081,905
Total GTD:
$141,481,905
Free Agent:
2032 / UFA
Year Age Status Cap HitAnnual Cap % League Cap Cash Annual Cash Cumulative Dead Cap Annual
2020 25 $5,346,508 2.70% $10,926,636 $10,926,636 $64,953,413
2021 26 $7,433,381 4.07% $22,806,905 $33,733,541 $99,506,905
2022 27 $35,793,381 17.19% $29,450,000 $63,183,541 $130,673,524
2023 28 $37,133,825 16.52% $59,350,000 $122,533,541 $151,281,139
2024 29 $37,008,269 14.49% $45,750,000 $168,283,541 $113,596,314
2025 30 $66,258,269 24.24% $50,000,000 $218,283,541 $77,838,045
2026 31 $68,664,888 23.48% $56,750,000 $275,033,541 $29,229,776
2027 32 $64,814,888 20.71% $52,900,000 $327,933,541 $17,314,888
2028 33 $32,575,000 9.73% $27,175,000 $355,108,541 $5,400,000
2029 34 $34,975,000 9.76% $34,975,000 $390,083,541 -
2030 35 $45,525,000 11.88% $45,525,000 $435,608,541 -
2031 36 $48,375,000 11.80% $48,375,000 $483,983,541 -
2032 37
Void
UFA
$60,000,000 - - - -
2033
Void
$60,000,000 - - - -
Year Age Status Base P5 Salary Signing Proration Restructure Proration Roster Bonus Workout Bonus Cap Hit Cap % League Cap Dead Cap
2020 25 $825,000 $4,521,508 - - - $5,346,508 2.70% $64,953,413
2021 26 $990,000 $2,000,000 $4,343,381 - $100,000 $7,433,381 4.07% $99,506,905
2022 27 $1,500,000 $2,000,000 $4,343,381 $27,400,000 $550,000 $35,793,381 17.19% $130,673,524
2023 28 $1,325,556 $6,114,888 $6,743,381 $22,400,000 $550,000 $37,133,825 16.52% $151,281,139
2024 29 $9,850,000 $6,114,888 $12,143,381 $7,900,000 $1,000,000 $37,008,269 14.49% $113,596,314
2025 30 $16,650,000 $4,114,888 $12,143,381 $32,350,000 $1,000,000 $66,258,269 24.24% $77,838,045
2026 31 $45,350,000 $4,114,888 $7,800,000 $10,400,000 $1,000,000 $68,664,888 23.48% $29,229,776
2027 32 $45,800,000 $4,114,888 $7,800,000 $6,100,000 $1,000,000 $64,814,888 20.71% $17,314,888
2028 33 $17,975,000 - $5,400,000 $8,200,000 $1,000,000 $32,575,000 9.73% $5,400,000
2029 34 $8,000,000 - - $25,975,000 $1,000,000 $34,975,000 9.76% -
2030 35 $30,625,000 - - $13,900,000 $1,000,000 $45,525,000 11.88% -
2031 36 $37,550,000 - - $9,825,000 $1,000,000 $48,375,000 11.80% -
2032 37
Void
UFA
$60,000,000 - - - - $60,000,000 - -
2033
Void
$60,000,000 - - - - $60,000,000 - -
Year Age Status Base P5 Salary Signing Bonus Restructure Bonus Roster Bonus Workout Bonus Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2020 25 $825,000 $10,000,000 - - - $10,926,636 $10,926,636 $10,926,636 $40,331,962
2021 26 $990,000 - $21,716,905 - $100,000 $22,806,905 $33,733,541 $16,866,771 $43,005,173
2022 27 $1,500,000 - - $27,400,000 $550,000 $29,450,000 $63,183,541 $21,061,180 $45,025,000
2023 28 $1,325,556 $20,574,444 $12,000,000 $22,400,000 $550,000 $59,350,000 $122,533,541 $30,633,385 $46,755,556
2024 29 $9,850,000 - $27,000,000 $7,900,000 $1,000,000 $45,750,000 $168,283,541 $33,656,708 $45,181,250
2025 30 $16,650,000 - - $32,350,000 $1,000,000 $50,000,000 $218,283,541 $36,380,590 $45,100,000
2026 31 $45,350,000 - - $10,400,000 $1,000,000 $56,750,000 $275,033,541 $39,290,506 $44,283,333
2027 32 $45,800,000 - - $6,100,000 $1,000,000 $52,900,000 $327,933,541 $40,991,693 $41,790,000
2028 33 $17,975,000 - - $8,200,000 $1,000,000 $27,175,000 $355,108,541 $39,456,505 $39,012,500
2029 34 $8,000,000 - - $25,975,000 $1,000,000 $34,975,000 $390,083,541 $39,008,354 $42,958,333
2030 35 $30,625,000 - - $13,900,000 $1,000,000 $45,525,000 $435,608,541 $39,600,776 $46,950,000
2031 36 $37,550,000 - - $9,825,000 $1,000,000 $48,375,000 $483,983,541 $40,331,962 $48,375,000
2032 37
Void
- - - - - - - - -
2033 38
Void
- - - - - - - - -
Contract Notes
  • $63M guaranteed at signing (signing bonus + 2020 salary + 2021 salary + 2021 roster bonus + 2022 salary + 2022 roster bonus)
  • 2023 salary & roster bonus + workout bonus fully guarantee on 3/19/2021 ($100M of total dead cap)
  • 2023 Restructure Details
  • $20.574M signing bonus, $133.7M guaranteed at signing, $208.1M injury guaranteed at signing
  • 2024
    $8.6M base salary fully guaranteed at signing
    Roster Bonus: $34.9M guarantees 9/20/2023, paid out 5/5/2024
    Workout Bonus: $1M, fully guarantees 9/20/2023
  • 2025
    $16.65M 2025 salary & $1M workout bonus fully guarantee the 3rd league day of 2025 (injury guaranteed at signing)
    Roster Bonus: $32.35M (fully guarantees 9/20/2023, paid out 5/5/2025)
  • 2026
    $45.35M base salary & $1M workout bonus fully guarantee the 3rd league day of 2026 (injury guaranteed at signing)
    $10.4M roster bonus fully guarantees the 3rd league day of 2025 (injury guaranteed at signing, paid out 5/5/2026)
  • 2027
    $45.8M base salary & $1M workout bonus fully guarantee the 3rd league day of 2027
    $6.1M roster bonus fully guarantees the 3rd league day of 2026 (paid out 5/5/2027)
  • 2028
    $17.975M base salary & $1M workout bonus fully guarantee the 3rd league day of 2028
    $8.2M roster bonus fully guarantees the 3rd league day of 2027 (paid out 5/5/2028)
  • 2029
    $8M base salary & $1M workout bonus fully guarantee the 3rd league day of 2029
    $25.975M roster bonus fully guarantees the 3rd league day of 2028 (paid out 5/5/2029)
  • 2030
    $30.625M base salary & $1M workout bonus fully guarantee the 3rd league day of 2030
    $13.9M roster bonus fully guarantees the 3rd league day of 2029 (paid out 5/5/2030)
  • 2031
    $37.55M base salary & $1M workout bonus fully guarantee the 3rd league day of 2031
    $9.825M roster bonus fully guarantees the 3rd league day of 2030 (paid out 5/5/2031)
  • Annual Base Salary Escalators
    $1.25M for NFL MVP + Conference Championship Appearance
    $1.25M for a Super Bowl Win + 50% of Super Bowl snaps or 50% of regular season snaps
  • No Trade Clause
  • 2032-2033 void years for cap/restructure purposes, automatically void the last day of the 2029 league year.
  • 2024 salary & roster bonus + workout bonus fully guarantee on 3/18/2022 ($113.3M of total dead cap)
  • 2025 roster bonus + workout bonus fully guarantees on 3/17/2023 ($121.3M of total dead cap)
  • 2025 salary + workout bonus fully guarantees on the 3rd league day of 2024 ($81.9M of total dead cap)
  • 2026 roster bonus fully guarantees on the 3rd league day of 2025 ($80.85M of total dead cap)
  • 2026 salary + workout bonus , 2027 roster bonus fully guarantee on the 3rd league day of 2026 ($91.35M of total dead cap)
  • 2027 salary + workout bonus + 2028 salary + 2028 roster bonus fully guarantee on the 3rd league of 2027 ($104M of total dead cap)
  • 2029 salary + workout bonus & 2029 roster bonus fully guarantee on the 3rd league day of 2028 ($89.4M of total dead cap)
  • 2030 salary  & 2030 roster bonus fully guarantee on the 3rd league day of 2029 ($94.85M of total dead cap)
  • 2031 roster bonus fully guarantee on the 3rd league day of 2030 ($63.8M of total dead cap)
  • 2031 base salary fully guarantees on the 3rd league day of 2031 ($51.9M of total dead cap)
  • Playoff Bonus: $1.25 million for winning the AFC Champ Game
  • League MVP Bonus: $1.25M

 

Source: NFL contract specifics generally collected from verified reports.

2017-2021 Rookie

Patrick Mahomes signed a 4 year , $16,425,786 contract with the Kansas City Chiefs, including $10,086,026 signing bonus, $16,425,786 guaranteed, and an average annual salary of $4,106,447.
Contract Terms:
4 yr(s) / $16,425,786
Average Salary:
$4,106,447
Signing Bonus:
$10,086,026
GTD at Sign:
$16,425,786
Total GTD:
$16,425,786
Free Agent:
2022 / UFA
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Career Earnings thru 2024

$136,254,472

Career Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2017 22
Active
$10,551,026
$10,551,026
2018 23
Active
$1,211,635
$11,762,661
MVP OPOY
2019 24
Active
$1,958,270
$13,720,931
Champion
2020 25
Active
$10,926,636
$24,647,567
2021 26
Active
$22,806,905
$47,454,472
2022 27
Active
$29,450,000
$76,904,472
Champion All NFL (1st) MVP
2023 28
Active
$59,350,000
$136,254,472
Champion Afc Pro Bowl:QB
Total      
$136,254,472
$136,254,472
2024 29
Active
$45,750,000
2025 30
Active
$50,000,000
2026 31
Active
$56,750,000
2027 32
Active
$52,900,000
2028 33
Active
$27,175,000
2029 34
Active
$34,975,000
2030 35
Active
$45,525,000
2031 36
Active
$48,375,000
Total
$497,704,472
Year Team(s) Age Base Signing Roster Restructure Option Workout Incentives Cash Total Cash Cumulative
2017
22
$465,000
$10,086,026
$10,551,026
$10,551,026
2018
23
$555,000
$656,635
$1,211,635
$11,762,661
2019
24
$645,000
$1,313,270
$1,958,270
$13,720,931
2020
25
$825,000
$10,000,000
$101,636
$10,926,636
$24,647,567
2021
26
$990,000
$21,716,905
$100,000
$22,806,905
$47,454,472
2022
27
$1,500,000
$27,400,000
$550,000
$29,450,000
$76,904,472
2023
28
$1,325,556
$20,574,444
$12,000,000
$22,400,000
$550,000
$2,500,000
$59,350,000
$136,254,472
Total
$6,305,556
$40,660,470
$33,716,905
$51,769,905
$1,200,000
$2,601,636
$136,254,472
$136,254,472
2024
29
$9,850,000
$27,000,000
$7,900,000
$1,000,000
$45,750,000
2025
30
$16,650,000
$32,350,000
$1,000,000
$50,000,000
2026
31
$45,350,000
$10,400,000
$1,000,000
$56,750,000
2027
32
$45,800,000
$6,100,000
$1,000,000
$52,900,000
2028
33
$17,975,000
$8,200,000
$1,000,000
$27,175,000
2029
34
$8,000,000
$25,975,000
$1,000,000
$34,975,000
2030
35
$30,625,000
$13,900,000
$1,000,000
$45,525,000
2031
36
$37,550,000
$9,825,000
$1,000,000
$48,375,000
Total
$218,105,556
$40,660,470
$60,716,905
$166,419,905
$9,200,000
$2,601,636
$497,704,472

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
7 $6,305,556 $40,660,470 $51,769,905 $33,716,905 $1,200,000 $2,601,636 $136,254,472
  • Mar 12, 2024 Converted $27M of 2024 compensation into signing bonus, clearing $21.6M of cap with Kansas City (KC)
  • Dec 15, 2023 Fined $50,000 Verbally abusing officials against Buffalo (BUF)
  • Sep 18, 2023 Signed a restructured contract with Kansas City (KC) that moves an additional $43.3M into the 2023-2026 league years, with $208.1M guaranteed for practical purposes.
  • Mar 15, 2023 Converted $12M of a $34.4M 2023 roster bonus into signing bonus, clearing $9.6M of cap with Kansas City (KC)
  • Mar 13, 2021 Converted a $21M roster bonus into signing bonus, clearing $17.3M of cap with Kansas City (KC)
  • Jul 06, 2020 Signed a 10 year $450 million contract extension with Kansas City (KC)
  • Apr 29, 2020 Kansas City (KC) exercised a $24.8 million option for 2021
  • Jul 20, 2017 Signed a 4 year $16.42 million contract with Kansas City (KC)
  • Apr 27, 2017 Drafted by Kansas City (KC): Round 1 (#10 overall)

Fines

Date Reason Fine Amount
Dec 15, 2023 Verbally abusing officials against Buffalo (BUF) $50,000
Year Team GP GS Snaps Snaps% Pass Attempts Pass Completions Pass Completion % Pass Yards Pass Yards/Gm Pass Touchdowns Pass Interceptions Pass Rating Rush Attempts Rush Yards Rush Touchdowns Fum
2023 KC 16 16 1,051 98.00 597 401 67.2 4,183 261.4 27 14 92.56 75 389 0 5
2022 KC 17 17 1,131 98.40 648 435 67.1 5,250 308.8 41 12 105.16 61 358 4 5
2021 KC 17 17 1,164 97.40 658 436 66.3 4,839 284.6 37 13 98.45 66 381 2 9
2020 KC 15 15 1,027 93.20 588 390 66.3 4,740 316.0 38 6 108.23 62 308 2 5
2019 KC 14 14 891 83.90 484 319 65.9 4,031 287.9 26 5 105.31 43 218 2 3
2018 KC 16 16 1,034 98.80 580 383 66.0 5,097 318.6 50 12 113.84 60 272 2 9
2017 KC 1 1 63 6.10 35 22 62.9 284 284.0 0 1 76.37 7 10 0 0
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