Age: 29
Free Agency: 2032 (Void)
Accrued Seasons: 7
- Height: 6'2"
- Weight: 225
- College: Texas Tech
- Entry: 2017 Draft, Round 1, #10 overall (Chiefs)
- 2024 Salary Cap Charge: $37,008,269 (14.66% of cap)
- 2024 Cash Payout: $45,750,000 (16.60% of spending)
- 2024 Cash to Cap Ratio: 1.24
- Contract Value: $450,000,000 ($45,000,000 APY)
- Fully Guaranteed Money: $63,081,905
- Contract Ranking: 13/106 at QB
Current Contract
(Extension, signed 2020)
(📝: indicates contract trigger occuring during that year)| Year | Age | Base Salary | Prorated Signing Bonus | Roster Bonus | Workout Bonus | Guaranteed Salary | Cap Number | Cap % | Dead Money & Cap Savings | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $825,000 | $4,521,538 | $0 | $0 | $825,000 | $5,346,538 | 2.4% | |||||
| 2021
March 20: $40.45M 2023 salary is guaranteed
| 26 | $990,000 | $6,343,381 | $0 | $100,000 | $990,000 | $7,433,381 | 4.0% | |||||
| 2022
March 20: $37.95M 2024 salary is guaranteed
| 27 | $1,500,000 | $6,343,381 | $27,400,000 | $550,000 | $29,450,000 | $35,793,381 | 17.0% | |||||
| 2023
September 20: $32.35M 2025 roster bonus is guaranteed
| 28 | $1,325,555 | $12,858,269 | $22,400,000 | $550,000 | $23,725,555 | $37,133,824 | 16.9% | |||||
| 2024 | 29 | $9,850,000 | $18,258,269 | $7,900,000 | $1,000,000 | $16,500,000 | $37,008,269 | 14.7% | |||||
| 2025
March 20: $10.4M 2026 roster bonus is guaranteed
| 30 | $16,650,000 | $16,258,269 | $32,350,000 | $1,000,000 | $32,350,000 | $66,258,269 | 23.8% | |||||
| 2026
March 20: $6.1M 2027 roster bonus is guaranteed
| 31 | $45,350,000 | $11,914,888 | $10,400,000 | $1,000,000 | $0 | $68,664,888 | 23.7% | |||||
| 2027
March 20: $8.2M 2028 roster bonus is guaranteed
| 32 | $45,800,000 | $11,914,888 | $6,100,000 | $1,000,000 | $0 | $64,814,888 | 20.6% | |||||
| 2028
March 20: $17.975 million 2028 salary becomes guaranteed
| 33 | $17,975,000 | $5,400,000 | $8,200,000 | $1,000,000 | $0 | $32,575,000 | -- | |||||
| 2029
March 20: $13.9M 2030 roster bonus is guaranteed
| 34 | $8,000,000 | $0 | $25,975,000 | $1,000,000 | $0 | $34,975,000 | -- | |||||
| 2030
March 20: $9.825M 2031 roster bonus is guaranteed
| 35 | $30,625,000 | $0 | $13,900,000 | $1,000,000 | $0 | $45,525,000 | -- | |||||
| 2031
March 20: $37.55 million 2031 salary is guaranteed
| 36 | $37,550,000 | $0 | $9,825,000 | $1,000,000 | $0 | $48,375,000 | -- | |||||
| 2032 | 37 | Void | $0 | Void | Void | Void | $0 | -- | |||||
| 2033 | 38 | Void | $0 | Void | Void | Void | $0 | -- | |||||
| Total | $216,440,555 | $93,812,883 | $164,450,000 | $9,200,000 | $103,840,555 | $483,903,438 | |||||||
Contract Notes
Patrick Mahomes signed a 10 year, $450 million contract extension with the Chiefs on July 6, 2020. The contract has $63.0819 million fully guaranteed at signing including a $10 million signing bonus. $141 million is guaranteed for injury and a total of $477.631 million can become guaranteed based on roster status. The guarantee structure is as follows. Upon signing Mahomes' 2020, 2021, and 2022 salaries are all guaranteed. On the 3rd day of the 2021 league year Mahomes' 2023 salary and bonuses will become fully guaranteed. On the 3rd day of the 2022 league year all of Mahomes 2024 compensation will become fully guaranteed. On the 3rd day of the 2023 league year Mahomes $38.9 million 2025 roster bonus will become guaranteed. On the 3rd day of the 2o24 league year the rest of Mahomes' 2025 salary will become guaranteed. On the 3rd day of the 2025 league year Mahomes $38.9 million 2026 roster bonus will be fully guaranteed. On the 3rd day of the 2026 league year the rest of Mahomes 2026 salary and his $49.4 million 2027 roster bonus become guaranteed. On the 3rd day of the 2027 league year the rest of Mahomes' 2027 salary and his entire 2028 salary and bonuses will become fully guaranteed. On the 3rd day of the 2028 league year Mahomes salary and bonuses in 2029 are guaranteed. On the 3rd day of the 2029 league year Mahomes' 2030 salary and bonuses are guaranteed. On the 3rd day of the 2030 league year Mahomes $13.9 million 2031 roster bonus is guaranteed. Finally on the 3rd day of the 2031 league year the rest of his salary is guaranteed.
The Chiefs converted Mahomes' $21.716 million roster bonus into a signing bonus on March 11, 2021. The move created $17.374 million in cap space for the Chiefs in 2021. Mahomes' cap number will increase by $4.343 million in each of the next four years of the contract.
Mahomes signed a revised contract in September of 2023 that moved cash forward from later years, effectively giving him a raise of $48.3 million from 2023-26. The reworked deal also added two void years in 2032 and 2033 and changed his incentives to escalators to help create roughly $2.5 million in 2023 cap space.
Cash Flows
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Due | $8,030,095 | ($2,030,095) | $29,450,000 | $40,450,000 | $37,950,000 | $41,950,000 | $41,950,000 | $59,950,000 | $44,450,000 | $44,950,000 | $50,450,000 | $52,450,000 |
| Running Cash | $8,030,095 | $6,000,000 | $35,450,000 | $75,900,000 | $113,850,000 | $155,800,000 | $197,750,000 | $257,700,000 | $302,150,000 | $347,100,000 | $397,550,000 | $450,000,000 |
Career Earnings: $136,152,962
Career APY: $19,450,423
Contract History
| Team | Contract Type | Status | Year Signed | Yrs | Total | APY | Guarantees | Amount Earned | % Earned | Effective APY |
|---|---|---|---|---|---|---|---|---|---|---|
| Chiefs | Drafted | Extended | 2017 | 4 | $16,425,962 | $4,106,491 | $16,425,962 | $13,721,057 | 83.5% | $4,573,686 |
| Chiefs | Extension | Active | 2020 | 10 | $450,000,000 | $45,000,000 | $63,081,905 | $122,431,905 | 27.2% | $30,607,976 |
Earnings By Team
| Team | Yrs | Salary | APY | Paid on Cap | % Paid on Cap | Paid as Dead Money | % Paid as Dead Money |
|---|---|---|---|---|---|---|---|
| Chiefs | 7 | $136,152,962 | $19,450,423 | $96,906,643 | 0.0% | $0 | 0.0% |
Season History
| Year | Team | Base Salary | Prorated Bonus | Roster Bonus | Workout Bonus | Guaranteed Salary | Cap Number | Cap % | Cash Paid | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2017 | Chiefs | $465,000 | $2,521,538 | $0 | $0 | $465,000 | $2,986,538 | 1.8% | $10,551,152 | ||
| 2018 | Chiefs | $555,000 | $2,521,538 | $656,635 | $0 | $1,211,635 | $3,733,173 | 2.1% | $1,211,635 | ||
| 2019 | Chiefs | $645,000 | $2,521,538 | $1,313,270 | $0 | $1,958,270 | $4,479,808 | 2.4% | $1,958,270 | ||
| 2020 | Chiefs | $825,000 | $4,521,538 | $0 | $0 | $825,000 | $5,346,538 | 2.4% | $10,825,000 | ||
| 2021 | Chiefs | $990,000 | $6,343,381 | $0 | $100,000 | $990,000 | $7,433,381 | 4.0% | $22,806,905 | ||
| 2022 | Chiefs | $1,500,000 | $6,343,381 | $27,400,000 | $550,000 | $29,450,000 | $35,793,381 | 17.0% | $31,950,000 | ||
| 2023 | Chiefs | $1,325,555 | $12,858,269 | $22,400,000 | $550,000 | $23,725,555 | $37,133,824 | 16.9% | $56,850,000 | ||
| 2024 | Chiefs | $9,850,000 | $18,258,269 | $7,900,000 | $1,000,000 | $16,500,000 | $37,008,269 | 14.7% | $45,750,000 | ||
| 2025 | Chiefs | $16,650,000 | $16,258,269 | $32,350,000 | $1,000,000 | $32,350,000 | $66,258,269 | 23.8% | $50,000,000 | ||
| 2026 | Chiefs | $45,350,000 | $11,914,888 | $10,400,000 | $1,000,000 | $0 | $68,664,888 | 23.7% | $56,750,000 | ||
| 2027 | Chiefs | $45,800,000 | $11,914,888 | $6,100,000 | $1,000,000 | $0 | $64,814,888 | 20.6% | $52,900,000 | ||
| 2028 | Chiefs | $17,975,000 | $5,400,000 | $8,200,000 | $1,000,000 | $0 | $32,575,000 | -- | $27,175,000 | ||
| 2029 | Chiefs | $8,000,000 | $0 | $25,975,000 | $1,000,000 | $0 | $34,975,000 | -- | $34,975,000 | ||
| 2030 | Chiefs | $30,625,000 | $0 | $13,900,000 | $1,000,000 | $0 | $45,525,000 | -- | $45,525,000 | ||
| 2031 | Chiefs | $37,550,000 | $0 | $9,825,000 | $1,000,000 | $0 | $48,375,000 | -- | $48,375,000 | ||
| 2032 | Chiefs | $60,000,000 | $0 | $0 | $0 | $0 | $0 | -- | $0 | ||
| 2033 | Chiefs | $60,000,000 | $0 | $0 | $0 | $0 | $0 | -- | $0 | ||
| Total | $338,105,555 | $101,377,497 | $166,419,905 | $9,200,000 | $107,475,460 | $495,102,957 | $497,602,962 | ||||
Statistics
| Year | Games Played | Games Inactive | Snaps | Passing | Rushing | Fumbles | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Injured | Healthy | Offense | Special | Comp/Att | Pct | Yards | TD | INT | Sacked | Rating | Att | Yards | Avg | TD | Total | Lost | ||
| 2017 | 1 | 0 | 0 | 6.1% | 0.0% | 0/0 | 0.0% | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0 |
| 2018 | 16 | 0 | 0 | 98.8% | 0.2% | 383/580 | 66% | 5097 | 50 | 12 | 26 | 113.8 | 60 | 272 | 4.5 | 2 | 9 | 2 |
| 2019 | 14 | 2 | 0 | 83.9% | 0.0% | 319/484 | 65.9% | 4031 | 26 | 5 | 17 | 105.3 | 43 | 218 | 5.1 | 2 | 3 | 2 |
| 2020 | 15 | 0 | 1 | 93.2% | 0.0% | 390/588 | 66.3% | 4740 | 38 | 6 | 22 | 108.2 | 62 | 308 | 5.0 | 2 | 0 | 0 |
| 2021 | 17 | 0 | 0 | 97.4% | 0.0% | 436/658 | 66.3% | 4839 | 37 | 13 | 28 | 98.5 | 66 | 381 | 5.8 | 2 | 0 | 0 |
| 2022 | 17 | 0 | 0 | 98.4% | 0.0% | 435/648 | 67.1% | 5250 | 41 | 12 | 26 | 105.2 | 61 | 358 | 5.9 | 4 | 0 | 0 |
| 2023 | 16 | 1 | 0 | 93.0% | 0.0% | 401/597 | 67.2% | 4183 | 27 | 14 | 27 | 92.6 | 75 | 389 | 5.2 | 0 | 0 | 0 |
| 2024 | 1 | 0 | 0 | 100.0% | 0.0% | 20/28 | 71.4% | 291 | 1 | 1 | 2 | 101.9 | 2 | 3 | 1.5 | 0 | 0 | 0 |
Valuation Diamond
The diamond is a scatterplot graph that visualizes the relation of the player's APY (in green) and performance (in blue, as measured by OTC's Valuations) to the rest of the league at his position. To understand how to read the diamond, read this explainer.
| OTC Valuation | APY | |
|---|---|---|
| Regular | $33,293,000 | $45,000,000 |
| Injury Adjusted | $33,293,000 | $45,000,000 |
Weekly Valuation Trends
The chart below illustrates the trend of the player's weekly OTC Valuations (in blue) from the most recent season, using APY (in green) and, if applicable, cash that is due to the player in the next season (in red) as benchmarks. Weeks not plotted indicate that the player was inactive or on a bye.
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