Chiefs could wait until 2021 for Mahomes extension

Patrick Mahomes' historic start to his NFL career led many to believe the Kansas City Chiefs would waste no time breaking the bank to secure their star quarterback long term.

However, Chiefs owner Clark Hunt said the team could wait until 2021 to sign Mahomes to an extension.

"There will be a right time sometime in the next 12-15 months to extend Patrick, and when I say right time, I mean right time for both the player and the club,'' Hunt said, according to ESPN's Adam Teicher.

He added: "I don't want to say necessarily it has to be this offseason but I will say that it's a priority to get him done. I hope Patrick is here for his entire career and that's going to be our goal.''

It was reported earlier in January that the Chiefs hope to complete a "mammoth" contract this offseason to make Mahomes the league's highest-paid player.

Russell Wilson currently holds that distinction, taking home $35 million per season. But it has been speculated that Mahomes could sign a contract that pays him at least $40 million per year.

While Dak Prescott is expected to sign a long-term extension with the Dallas Cowboys this offseason, he's likely the only high-profile quarterback who will ink such a contract, and it isn't guaranteed to exceed Wilson's deal.

In his second campaign as the starter for the Chiefs, Mahomes led the team to Super Bowl LIV, in which it'll face the San Francisco 49ers. The signal-caller burst onto the scene last season, throwing 50 touchdowns to win the MVP award.

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