7 days ago

Chiefs Likely to Restructure Patrick Mahomes’ Contract in 2028 Over $85M Issue

The Chiefs restructured Mahomes’ contract by converting $54.45 million of his salary into a signing bonus, slashing his cap hit from $78.2 million to $34.65 million. Over the remaining six years, his projected cash payout is $265.7 million. His 2027 cap hit will spike to a massive $85.25 million. This is the largest in NFL history, making a full contract "redo" or extension likely by 2028.