Patrick Mahomes’ Super Bowl win guarantees salary increase ahead of 2024 NFL season

Patrick Mahomes was grappling with several off-field controversies ahead of the Super Bowl LVIII. The Kansas City Chiefs’ quarterback’s brother, Jackson Mahomes, got embroiled in legal battles. Even his father, Patrick Mahomes Sr., was arrested days before the Super Bowl.

However, Mahomes remained focused on his goal of earning back-to-back Lombardi trophies. The Chiefs became the first repeat Super Bowl champions since the New England Patriots in 2003 and ’04. Within less than a decade in the league, Mahomes has been incredibly successful. His dedication is going to earn him a hefty sum ahead of the upcoming season.

Mahomes leads Chiefs to victory and clinches third ring

Patrick Mahomes sealed a memorable touchdown drive and secured his third Super Bowl ring. The defending champions faced a challenging situation, as they were trailing late in the game. However, Mahomes showcased his trademark composure and led the Chiefs to a heart-stopping 25-22 victory. He accumulated 333 passing yards, two touchdowns, and an additional 66 rushing yards.

This victory marked Mahomes’ third comeback from double-digit deficits in Super Bowls. He was awarded the Super Bowl MVP for the third time in his career. This remarkable achievement further emphasizes his exceptional skill set and undeniable impact on the game. The QB joins an elite group of quarterbacks, becoming only the sixth to win three Super Bowls and the youngest to achieve this feat.

The comparisons to Hall of Famers Joe Montana and Terry Bradshaw are also inevitable, as Mahomes inches closer to their impressive four Super Bowl victories. He also became the first player since Bradshaw to earn back-to-back Super Bowl MVP honors.

Payday for the MVP: Mahomes’ salary soars after Super Bowl MVP win

Patrick Mahomes is set to cash in with a substantial salary increase after leading the Chiefs to their third Super Bowl title in four years. His offensive contributions throughout the regular season have earned him an additional £988,000 in the upcoming year. This raise comes as a result of the QB’s surpassing the 50 percent playtime threshold. It ultimately triggered a base salary hike for the 2024 season.

The signal-caller inked a lucrative contract extension with the Chiefs months ago. The deal secured his financial future with a staggering £166 million guaranteed between 2023 and 2026. The total value of the deal could balloon to £173 million by its conclusion, with incentives and bonuses factored in, via Mirror.

To put the Alpine F1 owner’s earnings into perspective, his per-pass-attempt income of $64,285 outshines other quarterbacks in the league. He surpassed San Francisco 49ers QB Brock Purdy’s per-game earnings by an impressive $12,383 this season.

However, there are strategic moves in play within the Chiefs’ organization. Patrick Mahomes’ cap hit for the upcoming season stands at $59.8 million, slightly exceeding the expected cap of $58.5 million. This discrepancy arises as he missed out on the regular season MVP award, consequently forgoing his bonus. The Baltimore Ravens Lamar Jackson won the accolade.

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