Patrick Mahomes signs the most lucrative sports deal in history, the agent says

Patrick Mahomes signs the most lucrative sports deal in history, the agent says

The 10-year extension is said to be $ 450 million. ESPN was the first to report on the terms of the contract, followed by the NFL network. The expansion increases the total potential value of Mahomes’ current contract to $ 503 million between 2020 and 2031 NFL, according to ESPN and the NFL Network.

In an Instagram post, Mahomes agent Chris Cabott called out the historic nature of the huge deal. “First Half Billion Dollar Player in Sports History. Bigger contract in sports history. For the first time, the NFL player was the highest paid player in sports history, “Cabott wrote in a photo of Mahomes signing the contract.

“This is an important moment for our franchise and for the Chiefs Kingdom,” said Clark Hunt, CEO and CEO. a statement. “Since joining the Leaders a few years ago, Patrick has become one of the most productive athletes in all sports.”

“He is a great leader and a believer in the community of Kansas City, and I am glad to be a member of the Leaders for many more years to come,” Hunt added.

Head coach Andy Reid expressed his excitement about the prospect of Mahomes training for the near future, saying in a statement, “I have had the privilege of coaching many incredible athletes and professionals in my career and Patrick is unquestionably on their list. players. The best thing is that he is still early in his career. “

Mahomes has been with the Leaders since 2017, when he was selected by the team as the tenth overall pick in the first round of the plan. The Texas native played for Texas Tech before retirement.

CNN has contacted Mahomes’ agent for more details on the blockbuster deal.

Clarification: This story has been updated to reflect that Mahomes was the tenth overall pick in the first round of the draft.

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