Patrick Mahomes Could Make History with a Massive Contract Extension

Now that the Kansas City Chiefs won Super Bowl LIV by taking down the San Francisco 49ers 31-20, it’s not too early to look at the team’s future.

After waiting five decades between titles, but can the Chiefs return to this stage in short order? For Kansas City to remain a regular fixture in competing for the NFL’s crown, it will need to navigate a few central issues.

And no concern is bigger than the looming contract extension talks that will take place among quarterback Patrick Mahomes, agent Leigh Steinberg and the Chiefs’ front office. Mahomes is entering the final season of his rookie deal in 2020, though the franchise will almost certainly exercise its fifth-year option on him.

Many teams, however, try to get a head start on locking up their franchise cornerstone, especially when that player’s price is only likely to increase with each passing year amid the gradual swelling of the salary cap.

Whenever Mahomes signs his contract, he likely will be the highest-paid player in NFL history in a deal that should also break the record for guaranteed money (Los Angeles Rams quarterback Jared Goff currently holds the mark with $110 million). That’s simply the trend for franchise quarterbacks due for a payday. The delicate balance, though, comes in the timing. When Mahomes gets his money, the deal will take away some of the available resources Kansas City will have to pay others.

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SOURCE: USA Today, Lorenzo Reyes