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Patrick Mahomes to restructure Chiefs contract
Posted on 3/12/24 at 8:17 pm
Posted on 3/12/24 at 8:17 pm
LINK
quote:
Quarterback Patrick Mahomes will restructure his contract, creating $21.6 million of salary cap space for the Kansas City Chiefs as they look to win their third straight Super Bowl, sources told ESPN's Adam Schefter on Tuesday.
Mahomes was scheduled to count more than $58 million against the cap before the restructure.
Mahomes, 28, is signed through the 2031 season at a total cost of almost $500 million.
Mahomes restructured his contract before the 2021 season, as well. He signed a revised contract last year that moved up some money he was scheduled to receive in later years of the deal.
4
Posted on 3/12/24 at 8:19 pm to Major Dutch Schaefer
Great move by him. A true team player…..
Posted on 3/12/24 at 8:21 pm to Major Dutch Schaefer
Have a chance to accomplish what no franchise has ever done before in the history of the NFL
Posted on 3/12/24 at 8:25 pm to dukke v
All qb contracts are set up to be restructured every year or 2. Not a team player thing. Also more money gets added on
Posted on 3/12/24 at 8:27 pm to Major Dutch Schaefer
Just about every big contract gets restructured at some point, and it’s not limited to QBs. A 10 year QB contract will definitely get restructured multiple times before it expires.
Posted on 3/12/24 at 8:29 pm to Ghost of Colby
True. And how can Duke v have so many bad takes.
Posted on 3/12/24 at 8:35 pm to Tomherman
Really… GFY. He didn’t have to do shite….
Posted on 3/12/24 at 8:40 pm to dukke v
you are aware this doesnt change how much money he ultimately gets paid right?
Posted on 3/12/24 at 8:45 pm to WestCoastAg
Sure.
Posted on 3/12/24 at 9:03 pm to Major Dutch Schaefer
I like this fella.
Go Chiefs!
Go Chiefs!
Posted on 3/12/24 at 9:18 pm to dukke v
quote:wrong. he's being a paid to delay plus this really defeats the purpose of salary cap. of course, the salary cap is about as legitimate as the refs in the nfl.
Great move by him. A true team player…..
Posted on 3/12/24 at 9:51 pm to WestCoastAg
quote:
you are aware this doesnt change how much money he ultimately gets paid right?
Who said it did? He didn’t have to restructure anything, but he did. Over $20 million isn’t a small bit of money to move around either.
Posted on 3/12/24 at 9:58 pm to Kansas City King
quote:
Have a chance to accomplish what no franchise has ever done before in the history of the NFL
Don't jinx it!
Posted on 3/12/24 at 10:08 pm to dukke v
His grandkids already set for life on endorsements alone. Dude wants rings and I gotta respect it.
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