09-09-2023, 03:19 PM
(09-08-2023, 11:13 PM)TheLeonardLeap Wrote: There's already talk about Mahomes getting a pay raise and he is only heading into the 2nd year of his 10 year deal.
For anyone interested, this seemed to be a pretty good synopsis of both Mahomes's contract and the prospects for renegotiation.
https://www.arrowheadpride.com/2023/5/18/23728611/chiefs-salary-cap-2023-bringing-patrick-mahomes-contract-talk-back-to-earth
excerpt:
When the contract was signed, everyone understood that it would be renegotiated before it expired in 2031. At the time, the 2025 offseason — when the deal’s dead money would drop to zero — was identified as the earliest likely renegotiation date. But right now, the deal has $134 million in dead money. In any renegotiation, that money will have to be figured against the cap.
Depending on what happens with the cap, I wouldn't be surprised to see it renegotiated in 2024, though I've no idea how much dead money would be left at that point.
