![]() Mahomes is only receiving $6 million more over those remaining two years than if he played out his rookie deal, which is shockingly low. It is an underrated factor in Kansas City's subsequent key signings of Jones and Kelce. Mahomes' cash flow is extremely advantageous for the Chiefs. There are two types of economic constraints for NFL teams: the salary cap and a cash budget. This will make it even more difficult to release Mahomes because there will bonus proration in addition to the salary guarantee. The roster bonuses are above $30 million in the 2023 through 2028 contract years. The signing bonus proration runs through 2024. The Chiefs will likely start converting the March roster bonuses (or a portion) into signing bonus for cap relief at some point during the deal. His cap numbers don't start taking a big jump until 2023, when he'll be counting at $42.45 million. Mahomes' 2021 cap number approximates the $24.837 million fifth-year option he was scheduled to play under if he hadn't done a new deal. This enabled the Chiefs to keep his 2020 cap number under $5.4 million, which is essentially the same as in his rookie contract. The Chiefs maintained short-term salary cap flexibility because Mahomes got a modest $10 million signing bonus with his league minimum $825,000 base salary for 2020. The Chiefs would have to buy Mahomes out for $49.4 million to exit his deal in 2027 before the remaining $10.55 million became secure. The base salary and workout bonus are fully guaranteed on the third day of the 2027 league year. The $49.4 million roster bonus becomes fully guaranteed on the third day of the 2026 league year. For example, Mahomes' 2027 compensation consists of a $10 million base salary, a $49.4 million roster bonus due the third day of the league year, and a $550,000 workout bonus. Ordinarily in lengthy contracts, the later years are essentially a series of one-year options where teams can release players when it best suits them.Ī significant amount of Mahomes' compensation each year is in March roster bonuses that become fully guaranteed at least one year early. ![]() To entice Mahomes to take such a lengthy deal, the Chiefs had to provide protections that typically don't exist during the later years of NFL contracts. Mahomes' contract runs through the 2031 season. ![]() The Chiefs have achieved something that sets them apart from other NFL teams with Mahomes' contract: Cost certainty with a top talent for an inordinate amount time.
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