Patrick Mahomes has the richest sports contract ever
The Kansas City quarterback signed a ten-year deal for $503 million
July 7th, 2020
Patrick Mahomes, quarterback of the Kansas City Chiefs winners of the last Super Bowl NFL, renewed the contract with his team by signing a ten-year contract for a total of 503 million dollars, becoming the man to have signed the most important contract ever signed in the history of professional sport.
The 24-year-old will earn about $50 million a year until he is 34 years old, incredible figures that have led another ultra-millionaire sportsman, LeBron James, to comment on the news in an ironic way.
In the history of professional sport it had never happened that an NFL player had the richest contract among all sports, also considering the risk of injuries to which American football players are exposed, which is why teams tend to offer more contracts to short.
The contract signed by Mahomes puts him directly at number one in the special ranking of the richest sports contracts ever, surpassing that of Mike Trout - MLB player - who earns $426 million in 12 years (but with a much lower injury risk ) and that of Canelo Alvarez, a Mexican boxer who signed a $365 million contract with Dazn to be received in five years.
Patrick Mahomes signed a 10-year, $450 million extension that could be worth up to $503 million, per sources. The extension includes a $141.48 million injury guarantee, as well as a no-trade clause. It marks the first time an NFL player has had sports’ most lucrative deal. pic.twitter.com/kohX8rFSFN
— Adam Schefter (@AdamSchefter) July 7, 2020
Mahomes has the typical technical characteristics of the ''new generation of quarterbacks'', with a marked mobility and a lot of balance, with an excellent run and an unusual launch: the Chiefs have put one of the best prospects on the scene under contract NFL who won the Super Bowl MVP last year, already hinting at the league's serious intentions to dominate from years to come. It is no coincidence that another famous ten-year contract was signed again years ago by a quarterback, Donovan McNabb, confirming that an American football franchise does not easily miss a young talent who plays a fundamental role on which to build future teams.