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Kansas City Chiefs quarterback Patrick Mahomes has signed a $210.6 million restructured contract that has made him the highest-paid player in the NFL.
His reasoning behind restructuring the contract is interesting. Mahomes said the rationale behind his decision was so that he would not depress the quarterback market, leading to others getting paid less than they deserve.
NFL fans, though, were not buying any of that. They reckon that he got the contract because he's a great player and wanted more money for himself. They took to social media to let their feelings known.
One tweeted:
"I like and respect Mahomes. Dude is incredible, but this is so corny to say."
Here are some of the best responses on X, formerly known as Twitter.
Patrick Mahomes' contract breakdown: Explaining nuts and bolts of Super Bowl MVP's new deal
Patrick Mahomes moved the NFL quarterback market when he signed a 10-year deal worth $450 million in 2020. That was the biggest deal of its kind at the time but has since been left behind by contracts signed by quarterbacks on other teams.
In his current deal, Mahomes has now restructured the next four years. Beginning this season and running through 2026, Mahomes will make $210.6 million. It's the highest average annual value for a contract of that duration.
His agent, Equity Sports, said through its CEO that it will negotiate again in 2026.
5 highest-paid NFL QBs in 2023 after Patrick Mahomes' new contract
Patrick Mahomes is not among the top five quarterbacks in the NFL based on average annual value. They're :
- Joe Burrow - $55 million
- Justin Herbert - $52.5 million
- Lamar Jackson - $52 million
- Jalen Hurts - $51 million
- Russell Wilson - $48.5 million
Four of the top five got their deals this year. The Chiefs quarterback, as explained above, merely restructured his contract within the existing 10-year deal, so his annual average value is still $45 million.
However, he will earn $52.65 million in average value over the next four seasons, which puts him second-highest, behind Cincinnati Bengals quarterback Joe Burrow and ahead of Lamar Jackson.
