Quarterback Patrick Mahomes and the Kansas City Chiefs have agreed to the richest contract in the history of North American team sports.
The 24-year-old, who hails from Texas, will sign a 10-year, $US450 million contract extension taking him through to 2031 according to ESPN.
The deal comes after Mahomes led the Chiefs to the 2020 Super Bowl championship with 31-20 win over the San Francisco 49ers where he won the MVP gong.
The quarterback has accumulated a long list of honours since being pick 10 in the 2017 draft, including the 2018 NFL Most Valuable Player and the 2018 NFL Offensive Player of the Year.
Mahomes is entering the final year of his rookie contract with the Chiefs, believed to be worth $US2.8 million in 2020, with his value skyrocketing.
The contract extension will surpass the current record $US426.5 million contract signed by Los Angeles Angels outfielder Mike Trout last year in Major League Baseball.
“Since he joined the Chiefs just a few years ago, Patrick has developed into one of the most prolific athletes in all of sports,” Chiefs chairman and CEO Clark Hunt said previously.
“With his dynamic play and infectious personality, he is one of the most recognised and beloved figures to put on the Chiefs uniform.
“He’s an extraordinary leader and a credit to the Kansas City community, and I’m delighted that he will be a member of the Chiefs for many years to come.”
The contract does not include endorsements that Mahomes holds with adidas and Oakley, meaning his value is even more than that.