Chiefs’ Travis Kelce agrees to lucrative extension: Report

Travis Kelce is cashing in.

The star tight end has agreed to a two-year deal with the Kansas City Chiefs that makes him the highest-paid player at the position in the NFL, NFL Media's Ian Rapoport reported.

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No more Champagne Problems: The #Chiefs and All-Pro and Pro Bowl TE Travis Kelce have agreed to terms on a new 2-year contract extension to make him the NFL’s highest-paid tight end, sources say.

The deal was done by his long-time agent Mike Simon, now with @milkhoneysport. pic.twitter.com/5dcde0cZjm
— Ian Rapoport (@RapSheet) April 29, 2024

While the money and years on the deal have not yet been announced, Chiefs quarterback Patrick Mahomes was thrilled with the news of Kelce's reported extension.

I told yall I’ll never let him leave!! Congrats my guy! @tkelce https://t.co/9sqkZY8mU8
— Patrick Mahomes II (@PatrickMahomes) April 29, 2024

Kelce has won three Super Bowl with the Chiefs since the team selected him in the third round of the 2013 NFL Draft. He has spent his entire 11-year NFL career in Kansas City, earning nine Pro Bowl selections and four All-Pro selections to go with his three championships.

In 2020, Kelce signed a four-year, $57 million extension to keep him in K.C. through the 2025 season. He was due a base salary of $12 million in 2024 and $16.25 million in 2025 before becoming a free agent. He was the fourth-highest-paid tight end by annual value ($14.31 million) before the extension, trailing the New York Giants' Darren Waller ($17 million), Minnesota Vikings' T.J. Hockenson ($16.5 million) and San Francisco 49ers' George Kittle ($15 million).