OT: Mahomes signs 10-year, $400+ million extension

[tcf15]

Da-damn.

Sources: Chiefs give Mahomes massive extension

The Chiefs and QB Patrick Mahomes have agreed on a 10-year contract extension that ties him to Kansas City through 2031. The deal is for $450 million and could be worth up to $503 million if certain incentives are met, sources told ESPN's Adam Schefter.

www.espn.com

 

[ElmCity40th]

In the NFL?... goshdarn. Salute

 

[Palatine]

If anyone deserves it, It's Mahomes.

 

[White Dwarf]

Worth every penny. Great face of the franchise.

 

[kansashusky]

I can’t stop smiling.

 

[Jaker]

Yes, but do the Chiefs changer their name?? Chefs would be easy.

 

[dvegas]

1 degree of separation. John Dorsey drafted him.

 

[JimHurley]

Dude is worth every penny. Barring injuries, I say he’s a top 5 QB of all-time before he retires. Seems like a good guy too.

 

[gampelcrazies]

Not a smart move IMO. Football is more than the just the QB position.

 

[UC313]

This Chiefs fan is more than excited.

 

[HooperScooper]

This Chiefs fan is more than excited.

This excited?

 

[jleves]

Not a smart move IMO. Football is more than the just the QB position.

You're chances of winning are best with a quality QB. Locking up an elite and maybe HOF QB for 10 years at current rates is a no brainer. It would only cost them more to keep giving him 3 or 4 year contracts.

Not a Chiefs fan by any means, but this was an amazing move by the organization. In 7 years we will be paid about the same as an average QB and will still be in his prime.

Barring injuries, there is no downside to this move for the Chiefs.

 

[Chief00]

He’s a tremendous QB and represents the team well.

 

[eebmg]

Great kid, Great work ethic and very humble (as much as a football genius can be). Deserves every penny.

 

[Deepster]

The key here will be if the Chiefs are a "system" franchise and can plug and play different parts in with him.

Exit Kareem Hunt, enter Damien Williams.
Pay Tyreek Hill? Or hope Mercole Hardman is the next version?

It seems that, through injuries, they've been pretty successful having other players step up and, if that's the case, you don't really need the expensive FA's. You can get the "Randy Moss" type FA who wants to play with Mahomes for a chance at a title.

 

[Devland]

Great contract for the Chiefs. Not so much for Mahomes Any serious injury and Chiefs can get out from contract.

 

[Palatine]

Great contract for the Chiefs. Not so much for Mahomes Any serious injury and Chiefs can get out from contract.

In no time he'll be making just as much outside of football. He is a marketer's dream. Tremendous player. Likeable personality. Bi-racial. He has it factor written all over him.

 

[willie99]

He just destroyed the Chief's salary cap for a decade. Can he win all by himself? I hope everyone understands that's a rhetorical question

Will the chiefs be able to sign anyone to a " second contract"? Not many

He said "they're chasing a dynasty". No, you're chasing your second Superbowl appearance. Reid and the Chiefs just made the most unpatriot like move a team can make. Will be interesting to see how things unfold

 

[glastonbury50]

How much is guaranteed?

 

[casual-yardin]

He just destroyed the Chief's salary cap for a decade. Can he win all by himself? I hope everyone understands that's a rhetorical question

Will the chiefs be able to sign anyone to a " second contract"? Not many

He said "they're chasing a dynasty". No, you're chasing your second Superbowl appearance. Reid and the Chiefs just made the most unpatriot like move a team can make. Will be interesting to see how things unfold

LOL! It's about a "team friendly" of a deal as you can get.

 

[Fishy]

It’s actually a very good contract for Mahomes. The years guarantee in advance which is a hedge against injury.

But it’s not a $500,000,000 contract...it’s more like a $200,000,000 contract that will be renegotiated in six or seven years. Not a bad deal for a kid who isn’t even 25.

 

[willie99]

LOL! It's about a "team friendly" of a deal as you can get.

LOL, so you mean he's not getting paid all this money?

Can't have it both ways

 

[Deepster]

His contract, by year is:

2021: 22.8m
2022: 29.5m
2023: 40.4m
2024: 37.9m
2025: 41.9m

That's 172.5m over the next 5 seasons.

Dak Prescott wants 175m for the next 5 years. Which QB would you rather have for that price?

 

[Kitaman]

His contract, by year is:

2021: 22.8m
2022: 29.5m
2023: 40.4m
2024: 37.9m
2025: 41.9m

That's 172.5m over the next 5 seasons.

Dak Prescott wants 175m for the next 5 years. Which QB would you rather have for that price?

Wow, that's more than $10m per game or $6m+/ half, $3million/qtr.

I don't follow NFL monetarily, but would this mean they have less to spend on surrounding him with good players (like the NBA)? I would think the priority is the offensive line, then receivers.

As a comparison Lamar Jackson recently signed a three-year, $54 million extension. He's more an injury risk than Mahomes due to his style. If he wins the big one though, he'll be next.

Dak needs a new team, if you ask me. Something about them Cowboys just isn't good.

 

[casual-yardin]

LOL, so you mean he's not getting paid all this money?

Can't have it both ways

Well, no, since $25M of it is in yearly incentives that he is unlikely to earn every year. The rest? Sure, until it's re-negotiated. The key in not the dollars but the structure of the dollars. The Chiefs have a ton of flexibility with regards to the cap for the next several years