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Despite only being in the National Football League since 2017, Patrick Mahomes has already established himself as the best quarterback in the game.
During his six seasons in the NFL thus far, Mahomes has never had a losing record, has appeared in five straight AFC Championship games and three Super Bowls, winning two of them. And he’s still just 27 years old.
Given both his age and his talent, Mahomes is perhaps the most valuable asset in the entire NFL, which is a fact that Chiefs owner Clark Hunt certainly acknowledges. Mahomes’ last contract came back in 2020 when he signed a ten-year, $477 million extension with the Chiefs.
During the NFL Draft last weekend, Hunt was speaking to the Kansas City Star when he said that “no matter what… [Mahomes] will be underpaid.”
Asked about a possible new deal for Mahomes, Hunt said (via the Kansas City Star) that “coming up with a dollar value for what Mahomes means to KC would be a challenging endeavor.”
Added Hunt: “I don’t know that there’s really a way to quantify it financially. And, no matter what he makes over his career, I’m sure one way or another, he’ll be underpaid.” [via ProFootballTalk]
This upcoming season, Mahomes is set to have a cap hit of $39 million. As for his average yearly salary, Mahomes is currently the seventh highest-paid signal-caller in the NFL, trailing the likes of Lamar Jackson, Jalen Hurts, Aaron Rodgers, Russell Wilson, Kyler Murray, and Deshaun Watson.
Heading into the 2023 season, the Mahomes-led Chiefs are currently the betting favorites to win the Super Bowl, which would make them the first repeat champions in the NFL since the New England Patriots almost 20 years ago.
Last year, Mahomes won his second MVP award as he completed 67% of his passes for 5,250 yards (both career highs), 41 touchdowns, and 12 interceptions.