Originally Posted by :
When Chiefs quarterback Patrick Mahomes signed his current 12-year contract three years ago, he nudged the bar for the highest average per year (APY) by roughly $10 million, to $45 million annually.
Now, with Ravens quarterback Lamar Jackson at $52 million per year, Mahomes has fallen $7 million per year behind the highest-paid player in the sport.
Chiefs G.M. Brett Veach already has vowed to address the Mahomes deal after more quarterback contracts are completed. While Veach didn’t delve into any specifics, here’s what reasonably should be expected, based on our conversations with folks aware of the dynamics of the situation.
Expect Mahomes, before the season begins, to once again be the highest-paid player in league history.
The details will be interesting, and subject to differing interpretations. Because Mahomes has nine years left on his current contract, a new-money APY in excess of $52 million per year would be obtained simply by tacking three years and a penny more than $156 million on the back end of the existing deal.
The real question will become the value of the contract from the moment it’s signed. Also relevant to the analysis will be the full guarantee at signing, and the cash flow in the first three years of the revised deal.
In 2020, Mahomes swapped a high APY and a complicated but lucrative guarantee structure for cash flow in the years that were most likely to be affected by the pandemic. Now that those days have come and gone, the cash flow can be boosted in the early years of a revised deal.
Whether big-picture proclamations or devilish details, a new deal is coming for Mahomes, sooner than later. He has more than earned it — and with each new quarterback deal that is done, his own situation becomes more glaring. Look for that to at least be partially rectified in the coming weeks or months.
Ultimately, Mahomes is trying to strike the balance of fair compensation with leaving enough cash behind to have a team that lets him pursue championships and, ultimately, to chase Tom Brady’s all-time record of seven championships. Mahomes needs five to tie, six to win.
While not yet a real threat to Brady, Mahomes isn’t far from making things interesting. And that could be enough to get Brady interested in trying to get to No. 8 before it’s all said and done, just in case.
HOW DO WE KNOW CLARK HUNT ISN'T POCKETING ALL THE MONEY THAT SHOULD BE GOING TO MAHOMES????????
Oh, I don't know. I wish there were an easy way to find that out. Maybe... just maybe... possibly.... like... look at how close to the cap the Chiefs spend every year?
You know.... just a fucking thought, Florio. [Reply]
Originally Posted by :
As a fan of the Broncos I say pay the man! Hopefully money and ego will come to the forefront and break up this team. Mahomes is great and should be best paid player
Originally Posted by RealSNR:
HOW DO WE KNOW CLARK HUNT ISN'T POCKETING ALL THE MONEY THAT SHOULD BE GOING TO MAHOMES????????
Oh, I don't know. I wish there were an easy way to find that out. Maybe... just maybe... possibly.... like... look at how close to the cap the Chiefs spend every year?
You know.... just a fucking thought, Florio.
Over the years he's tried to build himself up as this lawyer who knows contracts and the NFL business and the salary cap and stuff. But he has this ridiculous take that shows he doesn't know how any of it works. Whatever credibility he was trying to generate he has flushed down the toilet on this issue. [Reply]
Originally Posted by staylor26:
Found KnowMo in the comments:
Nah, KnowMo would be trashing Mahomes and he would say that Mahomes will suck when Andy inevitably retires before the end of training camp. That comment was much too complimentary of Mahomes to be from KnowMo. [Reply]
Originally Posted by FlaChief58:
Apparently that moron hasn't heard that the Hunt's aren't just "pocketing" the money. The Chiefs are up against the cap every f'n year.
He's seriously a fucking retard... It appears Mahomes is having conversations with Clark and Veach about extending Jones, Sneed, and then Creed and Trey. They are spending any "savings" with Mahomes contract, it's quite obvious. I think Mahomes understands how Brady did it, and he is on a similar path. Anybody who doesn't like is just a jealous prick and can fuck off... [Reply]
Could we stop posting shit with that little weasel's mug on it? If that weasel had an OUNCE of credibility, he wouldn't be podcasting or PFTing anymore. That POS expounded how much he would quit the NFL if Hill was still playing.....
Another thing I don't understand is why anyone would expect Mahomes to redo his contract when technically last year was the first year of playing under that contract. [Reply]
Originally Posted by Stewie:
As expected, Florio is being a little bitch.
Blames Mahomes and his agent for being suckers and Clark Hunt for being cheap and keeping money that should be Patriick's. What a tool.
Hes so obsessed. He thinks there is this massive moral difference in a person that makes 500M and one that makes 4 billion. Newsflash...they are both fucking rich. They never need to work again. Money isnt everything Florio. [Reply]
Originally Posted by wazu:
Over the years he's tried to build himself up as this lawyer who knows contracts and the NFL business and the salary cap and stuff. But he has this ridiculous take that shows he doesn't know how any of it works. Whatever credibility he was trying to generate he has flushed down the toilet on this issue.
Even worse, he implies that the Hunts are pocketing whatever Patrick doesn't take through salary cap shenanigans. He doesn't identify how that could possibly happen, but he is damn sure that it's happening. This is the kind of crap that we get from shyster politicians. He doesn't lay out any specifics so that everyone can see how it works, he just makes vague allegations and couches them into a conspiracy theory that we're all just supposed to accept. This is PROPAGANDA. [Reply]
Originally Posted by IowaHawkeyeChief:
He's seriously a ****ing reerun... It appears Mahomes is having conversations with Clark and Veach about extending Jones, Sneed, and then Creed and Trey. They are spending any "savings" with Mahomes contract, it's quite obvious. I think Mahomes understands how Brady did it, and he is on a similar path. Anybody who doesn't like is just a jealous prick and can **** off...
As long as Hunt spends every dollar of the cap, I cant see Mahomes bitching about being the 9th highest paid player.
When Andy retires, When Kelce retires..... thats when Mahomes will need to reinvent himself. [Reply]
