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Thread: KC and Mahomes reach 10 year contract extension

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    Default KC and Mahomes reach 10 year contract extension

    No salary numbers yet, hopefully this kills their cap for the next decade though!

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    Dumb. The salary cap will likely be 30 ml less next season due to Covid.

    Mahomes is going to chew up a large portion of KC's salary cap.

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    Quote Originally Posted by WTE View Post
    Dumb. The salary cap will likely be 30 ml less next season due to Covid.

    Mahomes is going to chew up a large portion of KC's salary cap.
    This is an extension past the two years he has left on his deal, so I think the first big cap hit won't come until 2022. (But I could be talking out of my ass and it might cripple their cap starting this year).
    Last edited by BroncoWave; 07-06-2020 at 02:43 PM.
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    This seems good for us. With a normal contract, he'd be cheap by the time he got near the end of his deal with how much the cap will likely rise by then. This keeps their cap consistently taken up.

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    I've seen how crazy his GF is - hopefully he wife's her and they have like 14 kids and much drama ensues. I don't know what else we can hope for at this point.

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    Schefty now reporting it will be at least 400 million total.
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    Quote Originally Posted by Buff View Post
    I've seen how crazy his GF is - hopefully he wife's her and they have like 14 kids and much drama ensues. I don't know what else we can hope for at this point.
    She's a lush. She always seems hammered at games.

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    Quote Originally Posted by BroncoWave View Post
    This seems good for us. With a normal contract, he'd be cheap by the time he got near the end of his deal with how much the cap will likely rise by then. This keeps their cap consistently taken up.

    I wouldnít be so sure thatís good for any opposing teams. That might be the smartest contract Iíve seen for a QB. So, the immediate thought is ďdumb move because the cap is going down,Ē well so is his salary next year, but if it rises again post pandemic, as it should, his salary rises and they still get more money to sign people. Thatís a genius contract if thatís what it is.

    Gonna be a long decade.
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    Quote Originally Posted by BroncoWave View Post
    This seems good for us. With a normal contract, he'd be cheap by the time he got near the end of his deal with how much the cap will likely rise by then. This keeps their cap consistently taken up.

    Whoah. I'm very curious to see what that percentage will be.

    Quote Originally Posted by Buff View Post
    I've seen how crazy his GF is - hopefully he wife's her and they have like 14 kids and much drama ensues. I don't know what else we can hope for at this point.
    I haven't seen anything about her. I'm going to have to do some research.
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    Quote Originally Posted by MOtorboat View Post
    I wouldn’t be so sure that’s good for any opposing teams. That might be the smartest contract I’ve seen for a QB. So, the immediate thought is “dumb move because the cap is going down,” well so is his salary next year, but if it rises again post pandemic, as it should, his salary rises and they still get more money to sign people. That’s a genius contract if that’s what it is.

    Gonna be a long decade.
    But if it were, say, a flat 40 million a year, that could be, say, 20% of today's cap, but 10% of the cap if the cap doubles in 10 years. Keeping it tied to the cap seems to keep raising his salary every year if the cap keeps going up. This seems better for Mahomes than KC.
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    Quote Originally Posted by BroncoWave View Post
    No salary numbers yet, hopefully this kills their cap for the next decade though!

    It will, it's over 420 million currently, but his earnings aren't set in stone amounts, they are a specific percentage of the cap. As the cap increases, so does his contract. If the cap increases significantly so does his contract and he could be making well over 500-600 million or more by the end of the 10 years.

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    Quote Originally Posted by BroncoWave View Post
    But if it were, say, a flat 40 million a year, that could be, say, 20% of today's cap, but 10% of the cap if the cap doubles in 10 years. Keeping it tied to the cap seems to keep raising his salary every year if the cap keeps going up. This seems better for Mahomes than KC.
    So, if it’s $400 million, 10 years, roughly, that’s $40 million a year. That’s 20% of this year’s cap, $198 million. The Chiefs have $160 mil to play with. If the cap goes to $220 million, Mahomes gets $44 million and the Chiefs have $176 million to play with. I don’t really see a terrible effect for the Chiefs there.
    *The statements above are my opinions, unless they are links, because then they are links, which wouldn't make them my opinions, and I suppose stats aren't necessarily opinion, but they are certainly presented to support an opinion. Proceed accordingly.

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