Report: Chiefs begin contract talks with Mahomes

The Kansas City Chiefs have begun contract negotiations with quarterback Patrick Mahomes in a deal that's expected to be the most lucrative in NFL history, Sam Mellinger of The Kansas City Star reports.

Mahomes' rookie contract isn't set to expire until after the 2021 campaign, but Kansas City has prioritized talks with its star passer this offseason.

The new deal is expected to be the first in league history to have compensation tied to the salary cap, Mellinger adds. Such an agreement would have specific figures for each year with a commitment that the 24-year-old's pay would always reflect a certain percentage of the team's cap.

After taking the reigns of Andy Reid's offense in 2018, Mahomes quickly emerged as the NFL's premier quarterback. He won MVP in his first year as a starter and captured Super Bowl MVP this past season, leading the Chiefs to their first championship in 50 years.

The gunslinger insisted he'll remain patient in contract talks and instead wants to make sure his squad can compete for future Super Bowls.

Chiefs general manager Brett Veach previously stated an extension for Mahomes is his top priority, but refused to put a timetable on negotiations.