ChiefsPlanet Mobile
Page 8 of 21
« First < 45678 910111218 > Last »
Nzoner's Game Room>Florio: Mahomes to be the highest paid QB in football again soon
Hammock Parties 10:30 AM 05-09-2023

Expect Patrick Mahomes to once again be the highest-paid player in football on an APY basis, before Week One. https://t.co/k2dDcjahE8

— ProFootballTalk (@ProFootballTalk) May 9, 2023


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 didnít delve into any specifics, hereís 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 itís 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 ó 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 Bradyís all-time record of seven championships. Mahomes needs five to tie, six to win.

While not yet a real threat to Brady, Mahomes isnít far from making things interesting. And that could be enough to get Brady interested in trying to get to No. 8 before itís all said and done, just in case.

[Reply]
BigRedChief 01:31 PM 05-10-2023
Originally Posted by duncan_idaho:
Brady dropped out of the top 10 plenty of times. Where was the outcry then?

All the narrative was about how Brady was such a team player, cared more about winning than maxing out his paycheck.

Some people just can't handle looking at the Chiefs and realizing that Mahomes is giving them a huge advantage compared to the Ravens and Bills and soon-to-be Bengals and Chargers.

All those contenders that have a QB good enough to really challenge the Chiefs? Their bills are about to come due, and it's going to make it even harder for them to get over the hump.
assuming this is real, which isnít certain but letís play alongÖ.. a 12 year contract takes him to 39 years old. How will you ever redo his contract again? This is year 1 of the new one.
[Reply]
kysirsoze 01:48 PM 05-10-2023
Mentioned it in the New Heights thread, but Andy made a joke on there about eating at Whataburger to support Mahomes because he doesn't make enough money. :-) No way that wasn't a shot at Florio, and I highly doubt he jokes about that if they are currently redoing Mahomes contract.
[Reply]
duncan_idaho 01:58 PM 05-10-2023
Originally Posted by BigRedChief:
assuming this is real, which isnít certain but letís play alongÖ.. a 12 year contract takes him to 39 years old. How will you ever redo his contract again? This is year 1 of the new one.
Right. The length of Mahomes' deal is such that he was destined to lag in AAV from Day 1.

I think many casually perused the deal when it was announced and didn't realize how flexible and advantageous it was to the Chiefs (with Mahomes getting certainty in the form of 2-year rolling guarantees that's even more certain than a big signing bonus). Now that it's starting, they keep waiting for the contract to constrain the Chiefs and are realizing it doesn't. So they shout about it and want the Chiefs to have to do something that WILL be more constraining.
[Reply]
DJ's left nut 02:00 PM 05-10-2023
Originally Posted by duncan_idaho:
Right. The length of Mahomes' deal is such that he was destined to lag in AAV from Day 1.

I think many casually perused the deal when it was announced and didn't realize how flexible and advantageous it was to the Chiefs (with Mahomes getting certainty in the form of 2-year rolling guarantees that's even more certain than a big signing bonus). Now that it's starting, they keep waiting for the contract to constrain the Chiefs and are realizing it doesn't. So they shout about it and want the Chiefs to have to do something that WILL be more constraining.
Remember when the Broncos, Raiders and Chargers fans said we were doomed because of the ridiculous contract we gave him?

That was neat.
[Reply]
DRM08 02:05 PM 05-10-2023
Originally Posted by tatorhog:
Reset the QB market right before Burrow (and to a lesser extent Herbert) gets his contract?

Since their contracts are currently structured with a lower QB cap hit, it could be a savvy move to hurt their chances or retaining all of the receiving weapons they currently have.

Dunno, just a guess
Veach already said they are waiting to see what happens with Burrow and Herbert. I would expect those deals to use the same Void Year shenanigans of other QB deals recently to significantly lower the cap hits.
[Reply]
MVChiefFan 03:10 PM 05-10-2023
Originally Posted by duncan_idaho:
Right. The length of Mahomes' deal is such that he was destined to lag in AAV from Day 1.

I think many casually perused the deal when it was announced and didn't realize how flexible and advantageous it was to the Chiefs (with Mahomes getting certainty in the form of 2-year rolling guarantees that's even more certain than a big signing bonus). Now that it's starting, they keep waiting for the contract to constrain the Chiefs and are realizing it doesn't. So they shout about it and want the Chiefs to have to do something that WILL be more constraining.
Exactly! The only thing the media talked about when the contract was signed was how Mahomes is the first half-billion dollar player! No one said anything about it quickly becoming less than premium then… and they shouldn’t now.
[Reply]
O.city 03:18 PM 05-10-2023

The #Chiefs won't rip up Patrick Mahomes' contract and give him a brand new one. He has 9 years left on a very team-friendly deal.

But the Chiefs and Mahomes could look to make some adjustments to his current deal so he's up to par with other QBs.pic.twitter.com/0R7n5qGeQy

— Ari Meirov (@MySportsUpdate) May 10, 2023

[Reply]
dlphg9 03:24 PM 05-10-2023
"Alot of discussion" = Literally one idiot "Florio".
[Reply]
dlphg9 03:26 PM 05-10-2023
How do you add more dollars to a contract without redoing the contract?
[Reply]
TribalElder 03:29 PM 05-10-2023
Florio is just mad that the Chiefs are in such a good position

he can choke to death on a giant cock as far as I give a fuck
[Reply]
poolboy 04:43 PM 05-10-2023
Originally Posted by TribalElder:
Florio is just mad that the Chiefs are in such a good position

he can choke to death on a giant cock as far as I give a ****
Florio is doing his "part" to take us down
[Reply]
Coach 08:37 PM 05-10-2023
Originally Posted by Mecca:
It's not that it's coastal elites, most fans grew very tired of the Patriots so the Chiefs just replacing them in the "one team always wins" spot is being met with groans.
Fine by me.

Fuck em' that's why.
[Reply]
BigRedChief 10:42 AM 05-11-2023

Andy Reid jokes that he supports Whataburger because Mahomes doesn’t make enough money �� https://t.co/imZoxddzzn pic.twitter.com/rpXTD1NFae

— Arrowhead Addict (@ArrowheadAddict) May 11, 2023

[Reply]
tredadda 10:50 AM 05-11-2023
Originally Posted by BigRedChief:
That was hilarious when he said that so nonchalantly.
[Reply]
FlaChief58 11:06 AM 05-11-2023
With Andy eating at Whataburger, we can put all this talk of an extension one year into Patrick's contract to rest
[Reply]
Page 8 of 21
« First < 45678 910111218 > Last »
Up