The new money on Patrick Mahomes’ deal is worth $239.05 million, with the total value now at $504.75 million from 2026-33, with the first four years being guaranteed at signing. All $504.75 million becomes guaranteed through contract mechanisms.
Mahomes can earn up to $522.25 through incentives and escalators. Beginning in 2027, when the new money begins, the deal averages $64M per year, setting a new NFL record for average annual value.