HawkShack.com

Wow.
Mahomes has apparently signed a 10 year $400 million contract.
Again. Wow.

I guess it depends on how much is guaranteed, but the numbers are staggering.
It might also mean they will have to jettison some good players and their contracts
this and next year. Depending on this years Cap hit for Mahomes, they may not be
able to re-sign their FA DT Jones. He's someone we could use inside.

The contract is tied to the salary cap. The cap for this year is already decided and the numbers of this contract are predicated on that amount. Next year's cap, if the NFL loses money this year, could be significantly lower, in which case his salary would be correspondingly lower. The good news for him though is that in subsequent years when the cap is back to rising every year, so to will his salary number.

If anybody deserves a contract like that, it's Mahomes. In his first 2 years as a starter, he won the league MVP in his first and the Super Bowl MVP in his second. Phenomenal athlete and seems to have a good head on his shoulders.

10 years? Wow. That is crazy. Then again in 5 years, that may be a bargain.

The contract is tied to the salary cap... actually, no it's not. What it is is VERY team friendly for the first 2-3 years and then escalates. It also doesn't have a lot of up front money.
All this is, of course, hearsay -- but it's from PFT so you know it's true (sorry, I had to say it)

https://profootballtalk.nbcsports.com/2020/07/06/the-preliminary-patrick-mahomes-contract-details/

My opinion, if the link is even 90% true, it looks like something that Tom Brady would of signed 15-20 years ago. He was a TEAM MAN, unlike Russell, who's a me-first player and we have a 40m a year deal with him to now make in a couple of years. Nothing wrong with that, as he's the best QB we've ever had and the first who (should) make it into the HOF, but Russell and Patrick sure look at the contract differently.

here's ESPN's view:
https://www.espn.com/nfl/story/_/id/29418825/sources-chiefs-patrick-mahomes-agree-10-year-extension

jshawaii22 wrote:The contract is tied to the salary cap... actually, no it's not. What it is is VERY team friendly for the first 2-3 years and then escalates. It also doesn't have a lot of up front money.
All this is, of course, hearsay -- but it's from PFT so you know it's true (sorry, I had to say it)

https://profootballtalk.nbcsports.com/2020/07/06/the-preliminary-patrick-mahomes-contract-details/

My opinion, if the link is even 90% true, it looks like something that Tom Brady would of signed 15-20 years ago. He was a TEAM MAN, unlike Russell, who's a me-first player and we have a 40m a year deal with him to now make in a couple of years. Nothing wrong with that, as he's the best QB we've ever had and the first who (should) make it into the HOF, but Russell and Patrick sure look at the contract differently.

here's ESPN's view:
https://www.espn.com/nfl/story/_/id/29418825/sources-chiefs-patrick-mahomes-agree-10-year-extension

I don’t know how this makes him a ‘Team Man’ and RW not one. The article speculated that he COULD have played the F-Tag game and forced the Chiefs to do a series of one yr contracts to make more money in 3 or 4 years, but he’s going to have 103 guaranteed In the first 4 years of this contract, more than he would have if he’d been F-Tagged twice. His new money averaged 10 mil/year more than RW! He also has 144 mil guaranteed for injury, which is 60 + more million than RW had. That is a crazy increase in salary. His cap hit in year 4 is going to be higher than RW’s. What the Chiefs are able to do is spread his cap hit over a longer period of time because he’s still on his rookie contract. It will be interesting to see what this does to the QB market, will he be an outlier or will guys like Lamar Jackson, Deshaun Watson, and Dak Prescott get contracts over 40 mil? The cowboys were balking at 33 mil/year for Prescott this Spring. I can see why PFF speculated that he *could* have got more by playing the F-Tag game, but RW *could* have done e same!

It is a very, very, friendly team deal. Any time you can secure your star for 10 (it's actually 12) years under your team control, with op-outs after year #5 to the end, that in itself is incredibly team friendly and allows the Chiefs to plan for a decade of team cap space, free agent signings and control of the roster far easier then teams with their stars in 3-4 year deals (like Russell).

I remember, at least 2 months ahead of the last Russell contract, as some of the most (we were) unhappy, unrest, a lot of negative talk all over Russell's "pay me or I won't sign any deal" -- is that "team friendly" from their QB? Russell's wife saying how she would love to live in New York... you see any of that in Patrick's dealing with the Chief's? I don't. We have 2-3 more of these with Russell while the Chiefs have ZERO new contracts to worry about.
Mahomes went "TB12" with his contract, as he would rather be a dynasty then worry only about being the highest paid.

Besides the mental side of the last contract, Russell got 100m give or take up front for 4 years, while Patrick got 62m for 10(!!!!) years with team op-outs throughout.

This has NOTHING to do with Russell's accomplishments and what he's brought to the team, the City, etc. What he does on the field is boggling. This is about 2 players choosing different paths in contract negotiations going forward. One being very team friendly and one not.

jshawaii22 wrote:It is a very, very, friendly team deal. Any time you can secure your star for 10 (it's actually 12) years under your team control, with op-outs after year #5 to the end, that in itself is incredibly team friendly and allows the Chiefs to plan for a decade of team cap space, free agent signings and control of the roster far easier then teams with their stars in 3-4 year deals (like Russell).

I remember, at least 2 months ahead of the last Russell contract, as some of the most (we were) unhappy, unrest, a lot of negative talk all over Russell's "pay me or I won't sign any deal" -- is that "team friendly" from their QB? Russell's wife saying how she would love to live in New York... you see any of that in Patrick's dealing with the Chief's? I don't. We have 2-3 more of these with Russell while the Chiefs have ZERO new contracts to worry about.
Mahomes went "TB12" with his contract, as he would rather be a dynasty then worry only about being the highest paid.

Besides the mental side of the last contract, Russell got 100m give or take up front for 4 years, while Patrick got 62m for 10(!!!!) years with team op-outs throughout.

This has NOTHING to do with Russell's accomplishments and what he's brought to the team, the City, etc. What he does on the field is boggling. This is about 2 players choosing different paths in contract negotiations going forward. One being very team friendly and or not.

I agree that controlling him for 12 years is a huge benefit and having no dead money after year 4, but those are the only things that we know for sure are team friendly. The only thing that fans should really care about in these contracts are cap hits and Mahomes cap hit in year 4 of his deal is more than RW’s. Comparing him to TB is not a good comparison. Mahomes’ extension is for 45 mil/year, 10 mil more than RW. TB took team friendly deals in terms of cap hit. The Chiefs have him, after his rookie contract with cap hit of 31 and then 42 million. That is not team friendly. After that the cap hits range from 40 mil to 59 mil/year. Again this is not team friendly. I’m not saying he’s not worth it, but to spin this like he took less money to stay in KC would be disingenuous. Could he have been paid more on the open market in 2 years? Probably, but RW could have as well. He became the highest paid QB by a lot. Including his 2 years left on his rookie deal he is averaging 40-45 mil/year. That’s like a 15% increase from RW’s contract, again not ‘Team Friendly.’ When TB was taking his team friendly deals his cap hits were like 10th or 12th in the league, Mahome’s will be the highest cap hits for all but two or three years of his contract.