Patrick Mahomes is the best quarterback in the NFL.
That’s hardly a controversial statement.
Sure, players like Josh Allen and Joe Burrow are darn good signal callers in their own right. But nobody touches Mahomes right now.
The Kansas City Chiefs superstar is a two-time Super Bowl winner, two-time Super Bowl MVP, two-time NFL MVP and five-time Pro Bowler in just six seasons in the league.
Mahomes could retire right now and he’d be a lock for the Pro Football Hall of Fame.
There’s just one problem. Mahomes’ contract doesn’t match his actually value.
Mahomes signed a 10-year, $450 million contract extension with Kansas City in 2020. At the time, it was the largest in league history. But a constantly shifting market means that Mahomes $45 million a year is now just sixth in the league in average annual value.
He sits behind the newly extended Jalen Hurts, Aaron Rodgers, Russell Wilson, Kyler Murray and Deshaun Watson on that list.
But that looks set to change in the near future.
Chiefs GM Says Team Plans To ‘Assess’ Patrick Mahomes’ Contract
Chiefs general manager Brett Veach told Pro Football Talk that the team plans to “assess” Mahomes’ contract in the near future.
“We have a special relationship with [Mahomes] and his agent. We’re in constant communication,” Veach said. “It’s one of those things — and I think coach [Andy Reid] hinted on this in his last press conference — where as soon as one guy gets done, it’s kind of the blueprint and the model. And a few years later, it’s jumped and exceeded.
“But I think that this organization and the relationship we have with Pat will always be working to make sure that we’re doing right by everybody. There will be a couple more contracts that still have to get done — Burrow and Herbert — and once they do, I think you kind of look at everything and assess where you are and what you can do and take it from there.”
Burrow and Herbert will almost certainly reset the market yet again. What those numbers will be is anyone’s guess. But the Chiefs are likely going to have to pay a pretty penny to keep their superstar QB happy.