Patrick Mahomes deal has $477 million in “guarantee mechanisms”

More details are emerging regarding the Patrick Mahomes mega-deal. And they are confusing. Mahomes’ agency, Steinberg Sports, has disclosed that the 10-year extension has a value of $503 million. The agency also says that the deal includes $477 million in “guarantee mechanisms and ability to have outs if guarantee mechanisms aren’t exercised.” That last part […]

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