Chiefs’ owner provides update on contract negotiations with Patrick Mahomes

Patrick Mahomes runs onto field
Feb 2, 2020; Miami Gardens, Florida, USA; Kansas City Chiefs quarterback Patrick Mahomes (15) runs onto the field before Super Bowl LIV against the San Francisco 49ers at Hard Rock Stadium. Mandatory Credit: Matthew Emmons-USA TODAY Sports

While contract negotiations between the Dallas Cowboys and Dak Prescott continue to play out publicly, things have been quiet in Kansas City. On Thursday, Kansas City Chiefs owner Clark Hunt provided an update on the team’s contract negotiations with Patrick Mahomes.

Many expected the Chiefs would sign the Super Bowl MVP to a record-setting extension shortly after the 2020 NFL Draft. After picking up his fifth-year option for the 2021 season, though, things went relatively quiet until Hunt spoke with Dallas’ 105.3 The Fan.

“The negotiations are something we’ll be getting into this summer,” Clark Hunt said, via 105.3 The Fan (H/T James Palmer). “But what he has said and what we’ve said, both sides is, he wants to be a Kansas City Chief for life, and that’s our mentality as well.”

While the Chiefs would certainly love to get a long-term extension finalized with Mahomes early, it makes sense for the NFL’s best quarterback to wait. Dallas is expected to make Prescott the highest-paid NFL player, topping Russell Wilson’s $140 million contract. Meanwhile, Houston Texans quarterback Deshaun Watson’s looming deal could surpass that at a jaw-dropping annual salary.

Mahomes’ track record is far superior to Watson or Prescott. Set to enter his age-25 season, the Chiefs’ franchise quarterback already has an NFL MVP award and a Super Bowl ring in his trophy case. Meanwhile, many around the league believe he could make this team the next dynasty.

It’s a matter of when, not if, Mahomes shatters the market with his record-breaking deal. Now with training camp just around the corner, the Chiefs can prepare to defend their title and work towards making Mahomes the highest-paid player in NFL history.