Patrick Mahomes and the Chiefs have begun groundbreaking contract negotiations, per Sam Mellinger of the Kansas City Star.
Mahomes is currently on a four-year contract that was signed in 2017. Although his contract does not end until the 2021 season, the Chiefs are trying to keep him for the long run.
The new contract is expected to be tied around Mahomes’ salary and the Cheifs’ salary cap, according to Mellinger. Compensation of this kind would be the first in NFL history. No official announcements have been made regarding the specific structure surrounding the deal.
In 2018, Mahomes won the MVP award in just his second year in the league. He also became the second player in NFL history to throw for 5,000 yards and 50 touchdowns. The only other player to do this was Peyton Manning.
Mahomes won the Super Bowl in 2019 with the Chiefs-the first in 50 years for the organization. He also became the youngest Quarterback to capture Super Bowl MVP.
A report will be updated as soon as more information is available regarding the new contract.