Chiefs and Patrick Mahomes agree on 10-YEAR Contract Extension

Patriot Missile · Jul 7, 2020

Eventually he will be 25-30 % of the cap, but that wont be for a few years. Its a good deal for the current best qb in the game. The perks that follow will depend on their success. As we well know, some really good players will take less to play with winners and get that ring.

carmelo15 · Jul 7, 2020

NE_Zealot said:
Best QB in the game deserves to be paid like it. From a pure talent standpoint he is an improved Rodgers.

Hopefully they can’t field an all-star team around him anymore. However, ring-hungry vets will take less to play with this kid like they did for BB/Brady.

The Chiefs locked up their stud QB and with proper drafting they’ll be in the mix for a decade or more with a video game offense. Let’s see if Kermit has the goods to challenge Tom for the throne.

Dude has 1 ring where they had to make big combacks vs teams they are better than in Tennessee/Houston. I’m confident as hell hes getting nowhere meet 6 championships once he doesn’t have a combo of Kelce/Hill with him. Also if Jimmy G plays at a mediocre level SF wins that super bowl easily, how in gods name he misses Sanders that open is beyond me. So let’s relax with Mahomes hype he’s good will be great but he ain’t sniffing the GOAT

DarrylS · Jul 7, 2020

Have the Chiefs opened the door to salary cap hell??

If he stands the test of time could become the GOAT, but the contract is extraordinarily long..

SHOWTIME15 · Jul 7, 2020

DarrylS said:
Have the Chiefs opened the door to salary cap hell??

If he stands the test of time could become the GOAT, but the contract is extraordinarily long..

I'm hoping the Chiefs get Flacco'ed over this...Baltimore was never the same for 6 years after they won the SB and gave Flacco $30 milliion per year.

Le Numéro Douze · Jul 7, 2020

TommyBrady12 said:
I'm hoping the Chiefs get Flacco'ed over this...Baltimore was never the same for 6 years after they won the SB and gave Flacco $30 milliion per year.

Well, biggest difference being that Mahomes is actually a GREAT player while Flacco was a fraud all along. He got paid on ONE playoff run and a bunch a mediocre play.

Mahomes has been ELITE from the day he became starter.

PATSYLICIOUS · Jul 7, 2020

TommyBrady12 said:
I'm hoping the Chiefs get Flacco'ed over this...Baltimore was never the same for 6 years after they won the SB and gave Flacco $30 milliion per year.

thats the team i kinda compare the chiefs to. Ravens were a perennial playoff team till they had to pay their qb. Since paying joe, 1 playoff win in 5 seasons until Joe lost his job. Massive difference to winning at least 1 playoff game each year from 08-12.

the chiefs will do better since maholmes is far better than flacco but there will be a big dropoff. This is where people learn just how hard it is to do what the pats did. The era of the dynasty is over,the pats of the last 20 years were an anomaly that is nearly impossible to duplicate for this reason.

Triumph · Jul 7, 2020

The cap hit for the first 3 years is palatable

2020 5 million and change
2021 25 million rounded up.
2022 31.5 million.

Looks like the Chiefs have a window to win before the big money hits Mahomes. I just do not see how the other Chiefs players do not become jealous and want to be the highest paid too.

lancerman · Jul 7, 2020

A key difference is the Ravens had a stacked defense and a layered offense. The chiefs are stacked for skill players and have a pretty solid offensive line, but their defense is merely average and Mahomes showed he could get pretty far with an even dreadful 2018 defense (took the Pats to overtime and in an away game only lost by 2-3 points to the Rams during the season). So you know he elevated enough that the situation doesn’t need to be perfect

lancerman · Jul 7, 2020

Triumph said:
The cap hit for the first 3 years is palatable

2020 5 million and change
2021 25 million rounded up.
2022 31.5 million.

Looks like the Chiefs have a window to win before the big money hits Mahomes. I just do not see how the other Chiefs players do not become jealous and want to be the highest paid too.

Honestly only Kelce and maybe Hill have strong cases for best at position money and for as much as we trash him, Kelce seems pretty content where he is and the Chiefs did stick by Hill so he kinda owes them one

lancerman · Jul 7, 2020

All in all it’s a solid deal. The really bad cap hits are pushed down the road to the middle of the contract so they have until now to make some moves and by the time they actually get to the big money years the cap increases will soften the blow. Also the guarantees are year to year so if he regressed and they ever determined he was not worth it anymore they would just have to opt out and they’d only be on the hook for one year dead money. But truthfully Mahomes will make insane long term money and it’s pushed out far enough that the Chiefs have time to manage it. Not completely team or player friendly. Kinda met in the middle

SHOWTIME15 · Jul 7, 2020

I can't see Mahomes staying healthy over the course of this contract...but of course, I am a hater.

sean10mm · Jul 7, 2020

Only ~$63m is fully guaranteed, the headline number of 10 years/$450m is all funny money.

Mahomes got his headline but was clowned on in the small print.

TinhWoodhead · Jul 7, 2020

TommyBrady12 said:
I can't see Mahomes staying healthy over the course of this contract...but of course, I am a hater.

Yes size matter

fightingirish595 · Jul 7, 2020

sean10mm said:
Only ~$63m is fully guaranteed, the headline number of 10 years/$450m is all funny money.

Mahomes got his headline but was clowned on in the small print.

meh. Let’s say they cut him after 2022. He’ll be 27 and just get another mega deal

Pat the Pats Fan · Jul 7, 2020

TommyBrady12 said:
I'm hoping the Chiefs get Flacco'ed over this...Baltimore was never the same for 6 years after they won the SB and gave Flacco $30 milliion per year.

Agreed, the 5 years after and before Jackson, their record was 40-40 with 1 playoff. Flacco was an issue, but they also lost RLKAG and Reed to retirement / free agency right after the superbowl season. Let's see how long the Chiefs can keep their other key players.

Steve102 · Jul 7, 2020

Boomer B said:
This deal is actually pretty team friendly after you read the breakdown of it from PFT:

The preliminary Patrick Mahomes contract details - ProFootballTalk

In the first two years, Mahomes will earn $33.361 million. Through the first three years, Mahomes will earn $63.08 million. Through the first four years, Mahomes will earn $103.53 million. By way of comparison, Titans quarterback Ryan Tannehill will earn $118 million over the next four years — and he won’t be tied to his team for another eight seasons.

The Chiefs will have him for pretty friendly rate while the current team is intact and still in their prime.

Here’s the yearly breakdown:

“The deal includes a fairly paltry, given the supposed magnitude of the deal, signing bonus of $10 million. The cash breakdown, regardless of guarantees or “guarantee mechanisms” (whatever those are), is as follows:

1. In 2020: $10.825 million.

2. In 2021: $22.8 million (base salary of $990,000, roster bonus of $21.7 million, and workout bonus of $100,000 in 2021).

3. In 2022: $29.45 million (base salary of $1.5 million, roster bonus of $27.4 million, and workout bonus of $550,000 in 2022).

4. In 2023: $40.45 million (base salary of $5.5 million, roster bonus of $34.4 million, and workout bonus of $550,000 in 2023).

5. In 2024: $37.95 million (base salary of $2.5 million, roster bonus of $34.9 million, and workout bonus of $550,000 in 2024).

6. In 2025: $41.95 million (base salary of $2.5 million, roster bonus of $38.9 million, and workout bonus of $550,000 in 2025).

7. In 2026: $41.95 million (base salary of $2.5 million, roster bonus of $38.9 million, and workout bonus of $550,000 in 2026).

8. In 2027: $59.95 million (base salary of $10 million, roster bonus of $49.4 million, and workout bonus of $550,000 in 2027).

9. In 2028: $44.45 million (base salary of $13 million, roster bonus of $30.9 million, and workout bonus of $550,000 in 2028).

9. In 2029: $44.95 million (base salary of $20.5 million, roster bonus of $23.9 million, and workout bonus of $550,000 in 2029).

10. In 2030: $50.45 million (base salary of $27 million, roster bonus of $22.9 million, and workout bonus of $550,000 in 2030).

11. In 2031: $52.45 million (base salary of $38 million, roster bonus of $13.9 million, and workout bonus of $550,000 in 2028).”

To my uneducated capologist eye, he gets restructured before the 2027 season. That's a big jump from essentially 42m to 60m.

ahmed · Jul 7, 2020

You all are just ignoring the fact he was going to make something like $32MM over the next 2 years. This is the leverage KC had which they used wisely because 2 years from now, they would have had to pay way more. Something the Cowboys failed to do.

The upside for Mahomes is he gets a fat contract 2 years ahead of schedule that guarantees $124MM for injury. The one factor every player dreads which could derail his career and potential earnings.

Normally I would say KC took on a lot of risk but they essentially decided the $124MM insurance they bought out on him and the bonus structure gives them a reasonable out in case of buyers remorse.

A win/win for both.

DropKickFlutie · Jul 7, 2020

This was a no brainer. This is like the Red Sox theo epstein era when they had a lot of players locked in cheap for years then extended them while still in cheap contracts

.

KDPPatsfan85 · Jul 7, 2020

Uptown · Jul 7, 2020

Hill and/or Kelce go down, they’re finished.

Chiefs and Patrick Mahomes agree on 10-YEAR Contract Extension

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