Mahomes and Chiefs restructure contract 😳

[DJB]

https://x.com/AdamSchefter/status/1703847138982006793?s=20

 

The Chiefs and Patrick Mahomes have restructured his agreement, giving him $210.6 million between 2023 and 2026, the most money in NFL history over a four season span. His compensation for those years is now guaranteed. Also, the Chiefs and Mahomes plan to re-visit the agreement again after the 2026 season, as told to ESPN by Equity Sports CEO, Chris Cabott, who negotiated the deal on behalf of Mahomes.

Edited September 18, 2023 by DJB

[BuffaloBillyG]

 

[DJB]

https://twitter.com/FanDuel/status/1703847528112787701?s=20

 

 

 

Not sure why my links are embedding like usual  but this link is hilarious hahah

Edited September 18, 2023 by DJB

[Freddie's Dead]

People always get pissed off when every time a new QB contract is posted, I mention what a bargain Josh's contract is.  So I won't do that.

[JoPoy88]

As expected.

[Virgil]

So, now he makes 52 mil per year, for the next 4 years, all guaranteed? Plus, he’s a FA when this is done.   
 

Is that correct?

 

I wonder why this happened when it did.  Did Mahomes request this because he felt underpaid?

 

He now makes the Watson deal not the standard for contracts.  I have to assume this is the deal that make’s guaranteed deals a real thing in the NFL.  
 

This is quietly huge and game changing 

 

 

Edited September 18, 2023 by Virgil

[julian]

Just now, Virgil said:

So, now he makes 52 mil per year, for the next 4 years, all guaranteed?  
 

Is that correct?

 

I wonder why this happened when it did.  Did Mahomes request this because he felt underpaid?

 

 

After watching Burrow perform through 2 weeks he went knocking on that GM door with hands out.

[The Wiz]

23 minutes ago, DJB said:

https://x.com/FanDuel/status/1703847528112787701?s=20

 

Not sure why my links are embedding like usual  but this link is hilarious hahah

it has to do with the switch from twitter to x.  If you open it and change the link from x.com to twitter.com it will load correctly.  Not sure if that's a twitter thing or a TBD thing not embedding it correctly.

 

 

Edited September 18, 2023 by The Wiz

[Gisele]

Quote

 

But is he happy?

[Big Turk]

5 minutes ago, Virgil said:

So, now he makes 52 mil per year, for the next 4 years, all guaranteed? Plus, he’s a FA when this is done.   
 

Is that correct?

 

I wonder why this happened when it did.  Did Mahomes request this because he felt underpaid?

 

He now makes the Watson deal not the standard for contracts.  I have to assume this is the deal that make’s guaranteed deals a real thing in the NFL.  
 

This is quietly huge and game changing 

 

 

 

Yes the standard when you can argue you are equivalent to Mahomes and should get the same deal and contract terms...except there isn't anyone else who can at this point and likely won't be in the future either outside of 1 or 2 players.

[Virgil]

1 minute ago, Big Turk said:

 

Yes the standard when you can argue you are equivalent to Mahomes and should get the same deal and contract terms...except there isn't anyone else who can at this point and likely won't be in the future either outside of 1 or 2 players.

I agree with you logically.  However, players and agents don’t operate that way.  Every new contract for a top 10 guy will demand to beat this. 
 

On some level, I hope Tua stays healthy and wins a playoff game.  That contract could cripple the Dolphins.  
 

Also, Chiefs are going to be hard pressed to buy anyone else to support Mahomes.   Should be interesting 

[Big Turk]

1 minute ago, Virgil said:

I agree with you logically.  However, players and agents don’t operate that way.  Every new contract for a top 10 guy will demand to beat this. 
 

On some level, I hope Tua stays healthy and wins a playoff game.  That contract could cripple the Dolphins.  
 

Also, Chiefs are going to be hard pressed to buy anyone else to support Mahomes.   Should be interesting 

 

Yeah I know...it's crazy how this works for some positions but not other positions...

 

Willing to bet NFL teams know there is going to be a massive cap increase coming next year---even more than what we already know is coming from the new TV Contracts.

Edited September 18, 2023 by Big Turk

[Airseven]

23 minutes ago, Freddie's Dead said:

People always get pissed off when every time a new QB contract is posted, I mention what a bargain Josh's contract is.  So I won't do that.

 

Because it's not a bargain. It simply got negotiated two years ago. Every (absurd) new contract is richer than the last.  

[78thealltimegreat]

I actually really like Patrick good for him he definitely earned it. Besides between Halilee and himself I doubt Josh is worried about his contract and being undervalued 

[Virgil]

I would l love to know what Chris Jones’ reaction to this news was 

[DJB]

11 minutes ago, The Wiz said:

it has to do with the switch from twitter to x.  If you open it and change the link from x.com to twitter.com it will load correctly.  Not sure if that's a twitter thing or a TBD thing not embedding it correctly.

 

 

 

Hmm I tried that and it didn’t work. I must simply be too stupid lol

[90sBills]

5 minutes ago, Virgil said:

I agree with you logically.  However, players and agents don’t operate that way.  Every new contract for a top 10 guy will demand to beat this. 
 

On some level, I hope Tua stays healthy and wins a playoff game.  That contract could cripple the Dolphins.  
 

Also, Chiefs are going to be hard pressed to buy anyone else to support Mahomes.   Should be interesting 

They did this to give Mahomes more guaranteed money and cap flexibility next year. Probably to take care of Kelce and CJ. 

[Virgil]

7 minutes ago, 90sBills said:

They did this to give Mahomes more guaranteed money and cap flexibility next year. Probably to take care of Kelce and CJ. 

Treat me like a child here because I don’t get that.  If it’s all fully guaranteed, how does that give them more flexibility?  Doesn’t that lock them into a hard number that can’t be touched or divided?   I thought only bonuses or deals spread out could be messed with. 

[Dick_Cheney]

15 minutes ago, Virgil said:

I would l love to know what Chris Jones’ reaction to this news was 

It would have been hilarious for this to have happened and Jones not have had already worked out a new deal.

[Brand J]

Knew he wasn’t going to play the entire 10 years under that $45M/yr amount, but I didn’t think the pay raise would happen so quickly. AND include another option to renegotiate for even more after the raise expires. Josh’s agent is licking his lips somewhere.