"Something we can build for a long, long time": When Patrick Mahomes spoke on his historic $503,000,000 extension - Source: Imagn
After Patrick Mahomes had led the Kansas City Chiefs to their first Super Bowl win in 50 years in 2020, the franchise rewarded him with a 10-year, $503 million contract extension, the second-biggest deal in US sports history. It has since been lapped thrice but remains the largest contract handed to an NFL player.
Mahomes' decision to sign the deal despite knowing that the salary cap would skyrocket in the years to come and make his deal look cheaper with each passing season was a heavily debated topic at the time.
However, he had no regrets about it. In an interview with CBS Sports in July 2020, the quarterback explained his rationale for committing his long-term future to the team.:
"The best thing that happened was the Chiefs and my team, we went in with an open mind. We tried to figure out what was not only best for me and my family, but also what was best for the team moving forward. In order to build something great, you have to have that open-minded communication."
