Chiefs chairman says Patrick Mahomes contract extension talks will start this summer time

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Patrick Mahomes is expected to be the highest-paid quarterback in NFL history and how much he will make could be resolved as soon as this summer. Kansas City Chiefs chairman Clark Hunt recently revealed the franchise will start extension talks with Mahomes this summer and the Super Bowl MVP and 2018 NFL MVP will undoubtedly set the market for quarterbacks. 

“He wants to be a Kansas City Chief for life, and that’s our mentality as well,” Hunt said on a FaceBook Live event on 105.3 The Fan in Dallas. “We want him to play his entire career in Kansas City, and that’s what we’re going to be shooting for.” 

Mahomes is set to make $5,316,443 this year and $24,837,000 in 2021 after the Chiefs picked up his fifth-year option, so a huge payday is on the way. CBS Sports NFL insider Jason La Canfora reported back in January that Kansas City is planning to offer Mahomes a record-setting contract that would pay him at least $40 million a season, making him the highest-paid player in NFL history. Russell Wilson is currently the highest-paid player in the league in terms of average annual salary, earning $35 million per season with the Seattle Seahawks. 

Signing Mahomes to a record-setting extension is a no-brainer for the Chiefs, especially considering how dominant Mahomes has been in his first two seasons as a starting quarterback. The 24-year-old has thrown for 9,128 yards and 76 touchdowns against just 18 interceptions in his two full seasons as a starting quarterback (109.6 passer rating). 

Mahomes threw for 5,097 yards and 50 touchdowns in his MVP season of 2018 and completed 65.9 percent of his passes for 4,031 yards and 26 touchdowns to just five interceptions (105.3 rating) while playing the majority of 2019 with a knee injury. In the playoffs, Mahomes threw for 901 yards with 10 touchdowns to just two interceptions (111.5 rating) and earned Super Bowl MVP honors, leading Kansas City to its first Super Bowl title in 50 years. 

The Chiefs were sold on Mahomes from the moment he became the starting quarterback. 

“In terms of special qualities, the thing that really struck me in 2018, the first year that he became a full-time starter for us, was his leadership ability,” Hunt said. “We knew he had these special physical gifts. We had seen him on the practice field. We’d seen the no-look throws. We had seen the 70-yard bombs, all that stuff — I’m not sure we had seen the left-handed throw but maybe. But anyhow, we knew we had that. 

“But the pleasant surprise was what a great leader he was at age 23. An NFL locker room is a very difficult place to come into as a young player and lead, but it was very evident that the entire team was looking up to him in his first year as a starter — and of course that carried over into this past season.

“He has a tremendous amount of humility going back to what I said about leadership qualities. So he’s very humble on one hand and very competitive on the other and his teammates all respect him and want to play for him and with him.”

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