The Kansas City Chiefs defeated the 49ers and rewarded Patrick Mahomes II and Chris Jones with contract extensions!

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The Kansas City Chiefs won the Super Bowl LIV championship against the San Francisco 49ers. The game was held at the Hard Rock Stadium in Miami Gardens in Florida. Super Bowl LIV is an American Football game between the Kansas City Chiefs of the American football Conference (AFC) and the San Francisco 49ers of the National Football Conference (NFC). 

Both teams came out strong, the Chiefs ahead with the lead of four points in the first quarter but the 49ers were quick to make a bounce back and the game was tied at 10-10 in the first half. In the third quarter, the 49ers made 10 scoring points but the Kansas City Chiefs finally got back with a late touchdown to make it 20-17 in the fourth quarter. 

With just 3 minutes left on the clock, the score was 24-20, followed by a final touchdown that sealed the game with a score of 31-20, and Kansas City Chiefs claimed the title of the Super Bowl LIV (54th Super Bowl) world champions.

The comeback victory was fueled by Patrick Mahomes:

The comeback victory of Kansas City Chiefs was fueled by their quarterback Patrick Mahomes, the son of the former Major League Baseball pitcher Pat Mahomes. Patrick was awarded the title of the Most- Valuable Player of Super Bowl LIV 2020. 

After winning the massive game, Patrick Mahomes shared a short clip on his Instagram account, celebrating his victory with a loving and motivational caption that said, “Kansas City, we’re just getting started. This is Home.”

Patrick agreed to a 10-year Contract Extension:

The sports star debuted in the league in 2017 and now, has ranked amongst the top quarterbacks currently playing in the league. With Patrick’s athleticism, talents, and football skills, he has consistently pulled incredible performance throughout his career.

In 2017, July, he penned a four-year deal worth $16.42 million with the Chiefs. His rookie season was quite impressive but in 2018, he recorded several feats. It was his memorable season as he became the Kansas City Chiefs’ starting quarterback. 

Mahomes has shown his worth in these past three years and according to Celebrity Net Worth has an impressive net worth of approximately $30 Million as of 2020. The player is bound to make an enormous jump as he signed a ten- year contract extension, making him the highest-paid player in the National Football league. According to Forbes, the deal shoots up to $503 million, which is half a billion dollars and is recorded as the highest total value in the history of sport’s contracts.

As the team confirmed on Monday, Mahomes himself signed the deal. It is no surprise why the Kansas City Chiefs would want to lock in Patrick long-term after his back to back success, being the centerpiece of the team’s offensive explosion and also leading their fourth-quarter comeback to win Super Bowl.

Steinberg Sports Instagram Post:

A full-service sports representation and media, SSE congratulated the young player on getting the contract extension and on his massive success saying:

“Congratulations to @patrickmahomes on agreeing to terms on a 10-year extension with $503 Million. He gets $447M in a guarantee mechanism and ability to have outs if guarantee mechanisms aren’t exercised. No trade clause. The first half-billion-dollar player in sports history. First time MLB and NBA concepts are woven into an NFL contract. History made”.

Chris Jones signed the contract:

The Kansas City Chiefs have handed another bag of cash as an insider Ian Rapoport reported Tuesday night that Chiefs’ defensive tackle Chris Jones has agreed to sign a 4-year contract which is worth $85 Million and the deal will include $60 million in total upon signing which is guaranteed. It is evident why the Chiefs would want the brilliant player for a long-time as the player’s strategic performance led the team to victory.

  A game-wrecking inferior defender, Chris Jones shared his gratefulness to his fans and God saying, “Thank You, God! #onRepeat”

It was speculated that it would be a struggle for the Chiefs to find salary-cap space with such high-end deals. Despite the offseason due to the global pandemic of Covid-19, Kansas City Chiefs have kept their veteran squad together and continued to do big businesses and making contracts

What can 49ers learn from this? 

This year at the Super Bowl LIV, the Kansas City Chiefs have provided some valuable lessons in the team building. First and foremost, it pays to have people in place and making huge investments. Depending on the contract structure, a huge salary commitment on top of another in any given season can be theoretically balanced.



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