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NFL quarterback Patrick Mahomes just scored big. He signed the richest contract in sports history and the first-ever deal worth half of a billion dollars.
The 2018 Super Bowl MVP agreed to an enormous 10-year, $503 million contract extension with the Kansas City Chiefs.
The deal edges out the 12-year, $426.5 million deal Mike Trout signed with the Los Angeles Angels in 2019 as the most expensive contract in American professional sports.
The Chiefs already had Patrick Mahomes under contract for the next two seasons for $27.6 million. But after the $503 million contract extension, that will seem like chump change. All in all, Mahomes will earn a whopping $530.6 million over the next 12 seasons.
Mahomes will be earning over $50 million every season. If he chooses to ride out his current contract, he could retire as a Chief at 36 years old.