Mahomes (ACL) and Kansas City agreed to terms Wednesday on a deal that amends two additional years to his contract, Adam Schefter of ESPN reports.

EDGE Analysis

Mahomes' new deal keeps him under contract with the Chiefs through the 2033 season and carries a total value of $504.75 million, providing the 30-year-old quarterback an average salary of $64 million per season, Ian Rapoport of NFL Network reports. Per Pete Sweeney of the Kansas City Star, Mahomes continued to participate in 7-on-7 drills at mandatory minicamp this week while rehabbing from a torn ACL and LCL suffered in Week 15 of last season, but he remained sidelined during 11-on-11 drills. It remains to be seen when Mahomes will be cleared to resume handling full-team reps, but by all accounts his offseason recovery continues to proceed on schedule.