Patrick Mahomes

Quarterback

Age: 25
Free Agency: 2032 (UFA)
Accrued Seasons: 3
  • 2020 Salary Cap Charge: $5,346,538 (2.40% of cap)
  • 2020 Cash Payout: $10,825,000 (5.82% of spending)
  • 2020 Cash to Cap Ratio: 2.02
  • Contract Value: $450,000,000 ($45,000,000 APY)
  • Fully Guaranteed Money: $63,081,905
  • Contract Ranking: 1/113 at QB

Current Contract

(Extension, signed 2020)
(📝: indicates contract trigger occuring during that year)
YearAgeBase SalaryProrated BonusRoster BonusWorkout BonusGuaranteed SalaryCap
Number
Cap %
Dead Money & Cap Savings
202025$825,000$4,521,538$0$0$825,000$5,346,5382.4%
2021 📝
March 20: $40.45M 2023 salary is guaranteed
26$990,000$2,000,000$21,716,905$100,000$22,806,905$24,806,90513.6%
2022 📝
March 20: $37.95M 2024 salary is guaranteed
27$1,500,000$2,000,000$27,400,000$550,000$29,450,000$31,450,00013.8%
2023 📝
March 20: $38.9M 2025 roster bonus is guaranteed
28$5,500,000$2,000,000$34,400,000$550,000$0$42,450,00017.6%
2024 📝
March 20: 2025 base salary and workout is guaranteed
29$2,500,000$2,000,000$34,900,000$550,000$0$39,950,00015.6%
2025 📝
March 20: $38.9 million 2026 roster bonus is guaranteed
30$2,500,000$0$38,900,000$550,000$0$41,950,000--
2026 📝
March 20: $49.4 million 2027 roster bonus is guaranteed and remaining 2026 salary is guaranteed
31$2,500,000$0$38,900,000$550,000$0$41,950,000--
2027 📝
March 20: $44.45 million 2028 salary is guaranteed and 2027 base salary and workout guaranteed
32$10,000,000$0$49,400,000$550,000$0$59,950,000--
2028 📝
March 20: $44.95 million 2029 salary is guaranteed
33$13,000,000$0$30,900,000$550,000$0$44,450,000--
2029 📝
March 20: $49.9 million 2030 salary is guaranteed
34$20,500,000$0$23,900,000$550,000$0$44,950,000--
2030 📝
March 20: $13.9 million 2031 roster bonus is guaranteed
35$27,000,000$0$22,900,000$550,000$0$50,450,000--
2031 📝
March 20: $38.55 million becomes guaranteed
36$38,000,000$0$13,900,000$550,000$0$52,450,000--
Total$124,815,000$12,521,538$337,216,905$5,600,000$53,081,905$480,153,443

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.In every year starting in 2022 Mahomes has incentives that are worth $2.5 million a year. To earn the incentives Mahomes has to win the NFL MVP award ($1.25 million) and the AFC title game ($1.25 million). The max extension value including all incentives is $475 million.
Career Earnings: $23,721,057
Career APY: $7,907,019
Potential Earnings: $491,352,962
Total Guarantees: $79,507,867
Largest Cash Payment: $59,950,000 (2027)
Largest Cap Number: $59,950,000 (2027)

Contract History

TeamContract TypeStatusYear SignedYrsTotalAPYGuaranteesAmount Earned% EarnedEffective APY
ChiefsDraftedRenegotiated20174$16,425,962$4,106,491$16,425,962$13,721,05783.5%$4,573,686
ChiefsExtensionActive202010$450,000,000$45,000,000$63,081,905$10,000,0002.2%$0
Earnings By Team
TeamYrsSalaryAPYPaid on Cap% Paid on CapPaid as Dead Money% Paid as Dead Money
Chiefs3$23,721,057$7,907,019$11,199,5190.0%$00.0%

Salary Cap History

YearTeamBase SalaryProrated BonusRoster BonusWorkout BonusGuaranteed SalaryCap
Number
Cap %Cash Paid
2017Chiefs$465,000$2,521,538$0$0$465,000$2,986,5381.8%$10,551,152
2018Chiefs$555,000$2,521,538$656,635$0$1,211,635$3,733,1732.1%$1,211,635
2019Chiefs$645,000$2,521,538$1,313,270$0$1,958,270$4,479,8082.4%$1,958,270
2020Chiefs$825,000$4,521,538$0$0$825,000$5,346,5382.4%$10,825,000
2021Chiefs$990,000$2,000,000$21,716,905$100,000$22,806,905$24,806,90513.6%$22,806,905
2022Chiefs$1,500,000$2,000,000$27,400,000$550,000$29,450,000$31,450,00013.8%$29,450,000
2023Chiefs$5,500,000$2,000,000$34,400,000$550,000$0$42,450,00017.6%$40,450,000
2024Chiefs$2,500,000$2,000,000$34,900,000$550,000$0$39,950,00015.6%$37,950,000
2025Chiefs$2,500,000$0$38,900,000$550,000$0$41,950,000--$41,950,000
2026Chiefs$2,500,000$0$38,900,000$550,000$0$41,950,000--$41,950,000
2027Chiefs$10,000,000$0$49,400,000$550,000$0$59,950,000--$59,950,000
2028Chiefs$13,000,000$0$30,900,000$550,000$0$44,450,000--$44,450,000
2029Chiefs$20,500,000$0$23,900,000$550,000$0$44,950,000--$44,950,000
2030Chiefs$27,000,000$0$22,900,000$550,000$0$50,450,000--$50,450,000
2031Chiefs$38,000,000$0$13,900,000$550,000$0$52,450,000--$52,450,000
Total$126,480,000$20,086,152$339,186,810$5,600,000$56,716,810$491,352,962$491,352,962

Statistics

YearGames PlayedGames MissedSnapsPassingRushingFumbles
InjuredHealthyOffenseSpecialComp/AttPctYardsTDINTSackedRatingAttYardsAvgTDTotalLost
20171006.1%0.0%0/00.0%00000.0000.0000
2018160098.8%0.2%383/58066%5097501226113.8602724.5292
2019142083.9%0.0%319/48465.9%403126517105.3432185.1232
2020100100.0%0.0%24/3275%211301123.3000.0000

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 ValuationAPY
Regular$27,158,000$45,000,000
Injury Adjusted$27,158,000$45,000,000
test
OTC Valuation $6.7M $13.4M $20.1M $26.8M $33.5M APY $7.5M $15.0M $22.5M $30.0M $37.5M $27,970,000 $25,000,000

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.

To see interactive and more in-depth use of OTC Valuation data, subscribe to OTC Premium.