08-15-2024, 10:29 PM
(08-15-2024, 06:03 PM)bfine32 Wrote: Yeah, but he did that because the Team needed him to free up cap; it's still the same contract. It's not like he came to them demanding more $
Folks can say whatever they want but Kermit signed perhaps the most selfless contract of any superstar in any sport.
You're wrong here Bfine. The restructure he did THIS offseason was just to free up cap. The one he did last year moved $43.3m from the back end of the contract to 2024-2027 (when they'll just re-negotiate again when that new money and guarantees have run up).
https://apnews.com/article/chiefs-patrick-mahomes-contract-nfl-0081424729097a9028268743690b8953
Quote:Chiefs, Mahomes agree to restructured deal to include big pay raise, AP source says
https://www.sportingnews.com/us/nfl/news/patrick-mahomes-contract-details-restructured-deal-chiefs/b873da52a2628b57f866aa8e
Quote:According to ESPN's Adam Schefter, Mahomes' restructured contract will pay him $210.6 million between 2023 and 2026. That makes his average annual salary $52.65 million, second among all quarterbacks behind only Joe Burrow's $55 million. The entire $210.6 million is guaranteed, and the deal can be worth $218.1 million with incentives.
Additionally, the Chiefs plan to revisit the contract after 2026.
It wasn't one of those JUST one of those restructures where they cleared up cap space for the current year. They did indeed move around other money and increase guaranteed money. Now Mahomes handled it well because on the outside he was very content and happy with his previous contract and probably has the juice that he could have made a stink and gotten even more money as the best QB in the NFL.
But behind the scenes he absolutely negotiated with the team to get that extra $43.3m moved to now and all that money guaranteed. His previous deal saw him by FAR become the highest paid QB in the league (a title he held for two straight years) and Mahomes (rightly) was never going to let himself fall out of the top-10 paid QBs.
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