By the end of the 2023 NFL offseason, Patrick Mahomes could be as low as the ninth highest-paid quarterback by average annual value. By the end of the 2024 offseason, Mahomes could slide outside of the top 10.
That would be absurd given the caliber of quarterback Mahomes is and what he has accomplished and can still accomplish during his career. But it's possible given the state of the QB market and the nature of his 10-year, $450 million contract extension he signed in 2020 with the Kansas City Chiefs.
As Yahoo Sports’ Charles Robinson noted earlier this month, the impending contract extensions for the Baltimore Ravens' Lamar Jackson, Philadelphia Eagles' Jalen Hurts, Cincinnati Bengals' Joe Burrow and Los Angeles Chargers' Justin Herbert could push Mahomes down the QBs list if some of them sign deals worth more than $46 million a year.