Patrick Mahomes and the Kansas City Chiefs have agreed to a restructured contract where he will receive $210.6 million between 2023 and 2026 with all those seasons being guaranteed.

With escalators, Mahomes could reach $218.1 million by the end of 2026.

The Chiefs and Mahoes will revisit the agreement after the 2026 season.

Mahomes had recently dropped to eighth in average annual salary among quarterbacks with nine more seasons remaining on the contract he signed in 2020. This deal now puts him back near the top.