Patrick Mahomes has once again cashed in big, becoming the first player in league history to earn a contract worth at least a half-billion dollars.
Mahomes inked a two-year extension worth $239.05 million in new money. That – coupled with the six seasons remaining on the 10-year extension the star signed with the Kansas City Chiefs in 2020 – brought the total value of the three-time Super Bowl champion’s contract to $504.5 million.
Advertisement
Mahomes’ latest extension is sure to have a ripple effect on the NFL’s ever-burgeoning quarterback market. His raise will likely result in raises for several other top-end quarterbacks – including Josh Allen, Lamar Jackson and more – and could further accelerate the average annual value (AAV) arms race at the position.
Where does Mahomes rank among the NFL’s highest-paid players after his new deal? Here’s an in-depth look at the NFL’s highest-paid players for the 2026 season and of all time.
1 / 4
2026 NFL offseason tracker: Player signings, trades
(Troy Taormina, Imagn Images)1 / 4
2026 NFL offseason tracker: Player signings, trades
(Troy Taormina, Imagn Images)2 / 4
2026 NFL offseason tracker: Player signings, trades
(Jay Biggerstaff, Imagn Images)3 / 4
2026 NFL offseason tracker: Player signings, trades
(Matt Marton, Imagn Images)4 / 4
2026 NFL offseason tracker: Player signings, trades
(David Banks, Imagn Images)Who is the highest-paid NFL player?
Patrick Mahomes became the highest-paid player in the NFL after signing a two-year extension with the Chiefs.
Advertisement
Mahomes is set to make a base value of $504.5 million over the eight seasons remaining on his contract with the Chiefs. His average annual value (AAV) of just under $63.1 million is greater than the previous record, $60 million, which was held by Dallas Cowboys quarterback Dak Prescott.
In terms of total contract value, Mahomes has held the top spot since signing his initial 10-year, $450 million extension with the Chiefs in 2020. He has now blown by that original figure by $54.5 million and could add another $17.75 million in contract incentives.
Highest-paid NFL players: Full list
There are two primary ways to assess the highest-paid player in the NFL at any given time. One is by measuring the AAV of a player’s deal while the other is to look at the total contract value.
Advertisement
Below is a look at how the NFL’s top talents stack up across each category.
AAV
A total of 13 NFL players are making at least $50 million in AAV. Here’s a look at the 15 highest-paid players by that metric.
1. Patrick Mahomes, QB, Chiefs: $63.1 million
2. Dak Prescott, QB, Cowboys: $60 million
T-3. Josh Allen, QB, Bills: $55 million
11. Lamar Jackson, QB, Ravens: $52 million
Total contract value
Mahomes isn’t just the NFL’s only $500 million man. He’s also just one of two NFL players to make at least $300 million on a single contract, alongside Josh Allen.
Below is a look at the 15 highest-paid NFL players in terms of total contract value.
1. Patrick Mahomes, QB, Chiefs: $504.75 million
2. Josh Allen, QB, Bills: $330 million
T-3. Joe Burrow, QB, Bengals: $275 million
T-3. Trevor Lawrence, QB, Jaguars: $275 million
5. Brock Purdy, QB, 49ers: $265 million
6. Justin Herbert, QB, Chargers: $262.5 million
7. Lamar Jackson, QB, Ravens: $260 million
8. Jalen Hurts, QB, Eagles: $255 million
9. Dak Prescott, QB, Cowboys: $240 million
10. Deshaun Watson, QB, Browns: $230 million
11. Jordan Love, QB, Packers: $220 million
12. Jared Goff, QB, Lions: $212 million
14. Micah Parsons, edge, Packers: $186 million
NFL career earnings leaders
While Mahomes is currently the NFL’s highest-paid player, he still has a ways to go before he can become the top-earning player in the league’s history. The Chiefs star currently ranks 16th all-time in career earnings, a list topped by current Rams starting quarterback Matthew Stafford.
Advertisement
Here’s a full look at the NFL’s top-ever earners, per Spotrac.com:
Matthew Stafford: $408.3 million
Dak Prescott: $297.9 million
Jared Goff: $259.6 million
While Mahomes isn’t yet a top-10 earner, that is expected to change rapidly thanks to his new contract. Spotrac.com projects that by the 2030 NFL season, Mahomes will rank third in all-time career earnings behind only Stafford and Allen.
This article originally appeared on USA TODAY: Who are highest-paid NFL players? Patrick Mahomes stands alone
Highest-paid NFL players after Patrick Mahomes signs record contract Top World News Today.
Hence then, the article about highest paid nfl players after patrick mahomes signs record contract was published today ( ) and is available on TOP world News today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Highest-paid NFL players after Patrick Mahomes signs record contract )
Also on site :
- GIGABYTE feiert auf der COMPUTEX 2026 sein 40-jähriges Bestehen mit prämierten Innovationen in den Bereichen KI, Gaming und Design
- Carnival Announces a Massive Overhaul to Onboard Dining—Here's What's Changing
- Joanna Gaines Announces Delicious New Business Venture