Patrick Mahomes signs record $504.75 million deal

Patrick Mahomes has agreed to a restructured contract with the Kansas City Chiefs that adds two years and pushes the total value to $504.75 million. The deal makes him the first NFL player to sign a contract worth more than $500 million. However, Matthew Stafford is positioned to reach $500 million in career earnings first.

The Kansas City Chiefs quarterback reached the agreement this week on an eight-year contract averaging $63.09 million per year. The move also marks Mahomes as the highest-paid player in NFL history based on average annual value.

Stafford, the Los Angeles Rams quarterback, has already earned $408 million across 17 seasons. His recent one-year, $55 million extension means he will reach at least $503 million by the end of 2027 if he plays both seasons.

Mahomes has accumulated $231.9 million in career earnings to date. He is expected to add at least $55 million in 2026, moving him higher on the all-time list.

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Aaron Rodgers signing a contract with Pittsburgh Steelers head coach Mike McCarthy in a professional office setting.
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Aaron Rodgers returns to Steelers on one-year deal

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The Pittsburgh Steelers have agreed to terms with quarterback Aaron Rodgers on a one-year contract for the 2026 season, worth up to $25 million with $22 million guaranteed. Rodgers, 42, will reunite with head coach Mike McCarthy after leading the team to the AFC North title last year.

Reigning NFL MVP Matthew Stafford has signed a one-year contract extension with the Los Angeles Rams. The deal, announced Thursday, keeps him with the team through 2027 and adds up to $60 million in incentives.

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Free agent tight end Travis Kelce has agreed to a three-year contract with the Kansas City Chiefs, securing his return for a 14th NFL season in 2026. The deal is worth $54.375 million, with a maximum value of $57.735 million. Kelce expressed excitement about donning the Chiefs uniform again at Arrowhead Stadium.

The Las Vegas Raiders signed veteran quarterback Kirk Cousins to a one-year, $20 million contract on Thursday, positioning him as a short-term starter and mentor for presumptive No. 1 overall draft pick Indiana's Fernando Mendoza. New coach Klint Kubiak, who worked with Cousins in Minnesota, prefers rookies sit initially. The deal includes roughly half paid by the Raiders—with a $1.3 million minimum and $10 million roster bonus due March 2027—and the rest offset by the Atlanta Falcons after cutting Cousins this offseason.

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Las Vegas Raiders first-round pick Fernando Mendoza has not signed his rookie contract. The 2025 Heisman Trophy winner and top overall selection in the 2026 NFL Draft is one of two unsigned first-round players. Negotiations center on the payment schedule for his signing bonus.

The Pittsburgh Steelers have signed first-round offensive tackle Max Iheanachor to his rookie contract. The 21st overall pick agreed to a four-year deal worth $20.69 million that includes a $11.598 million signing bonus.

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LeBron James enters free agency in 2026 after earning $52.6 million in the 2025-26 season. Analysts assess whether the NBA's all-time highest earner will accept a maximum deal or a minimum salary to chase another championship.

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