Chiefs sign Patrick Mahomes to restructured contract worth more than $500m

• Quarterback has two years added to his deal

• Contract will last until Mahomes is 38

The Kansas City Chiefs and their starting quarterback, Patrick Mahomes, have agreed to a restructured contract that adds two years to his deal and pushes his total compensation past a half-billion dollars, according to sources.

Mahomes signed a 10-year, $450m contract in 2020 that set a benchmark not only for the quarterback position but for any NFL player. The latest extension ties the two-time MVP to the Chiefs through the 2033 season, when Mahomes will be 38, and it comes in at $504.75m, with incentives and escalators that could push the value beyond $520m.