Patrick Mahomes breaks the bank
 

The article

10 years
$450 million

Crazy

So much for the new dynasty.

Don't much care about the $$$, but why would either party agree to a 10 yr. contract? It's not in the best interest of the team or Mahomes.

I do digress though, at least until we find out how much of that money is guaranteed, and how much much of that guaranteed money is in bonuses.

Details of contract here.

Cap Hits:

2020 = $5.4m
2021 = $24.8m
2022 = $31.5m
2023 = $42.5m

And then around $40-$45m for each season after except 2027 which is a crazy $59.9m and 2030 and 2031 which are around $50-52m.

So, for the next three seasons, he is much cheaper than the "average" young QB cap hit of $35m and by the time 2023 rolls round, cap hits of $40m will not be uncommon in the NFL for young QBs.

Assuming COVID does not completely destroy the NFL cap progression.

All of 2020, 2021 and 2022 money is guaranteed as of contract signing.

Each year after, money becomes guaranteed on 3rd day of league year.

Honestly, this is a great contract for the Chiefs. He is dirt cheap for the next two years (that last of his rookie contract) and will be well paid but not over the top by the time 2023 rolls around.

HOU just got punked because Watson is one of the next ones up and BOB will completely screw up his contract negotiations so it will cripple the team for years, I hope. Watson is talented but they will now have to pay him like he has a Patrick Mahomes type impact on the game and he does not.

DAL waited too long on Dak. Now they are having to follow Mahomes' trend instead of potentially setting a lower one.

MLB type contracts coming to the NFL is a somewhat worrisome thing. Joey Votto and Albert Pujols contracts are crippling for ball clubs. Don't necessarily want that in the NFL. Good for Mahomes though. Hope he doesn't get hurt.

They will have to figure that out. A great QB can cover a lot of flaws. Some teams may decide a money ball approach is better. Some may want big names and big salaries. The market will bear it until there seems to be a drop off in wins. Once that happens it will adjust.

Kansas City still has some $$$ left over - they just reached a new 4 year deal with DT Chris Jones. This contract's average annual value is slightly less than Buckner's.

https://twitter.com/RapSheet/status/1283092629761208322

https://twitter.com/AdamSchefter/sta...94495006007303

It is, though Buckners is 15 million less guaranteed and we have him for 1 year longer.

And gave up a high pick.


Sent from my iPhone using Tapatalk

Right, but that is irrelevant to the contract.