Report: Patrick Mahomes to restructure pact, lessen Chiefs' cap hit
Feb 14, 2024; Kansas City, MO, USA; Kansas City Chiefs quarterback Patrick Mahomes (15) and Donna Kelce celebrate on the bus in the parade during the celebration of the Kansas City Chiefs winning Super Bowl LVIII. credits: Julia Kapros-USA TODAY Sports Star quarterback Patrick Mahomes plans to restructure his contract with the Kansas City Chiefs, freeing up $21.6 million against the salary cap, ESPN reported Tuesday.
Mahomes, who signed a $450 million contract extension in 2020, would count over $58 million toward the cap without a restructuring.
The seven-year veteran, who is coming off back-to-back Super Bowl victories, has been named the game's MVP three times, and has been the league's MVP twice.
After a slow start to the 2023 season, Mahomes finished with 4,183 yards passing, his second-lowest total since he took over as starter in 2018. He rallied the Chiefs to a 25-22 come-from-behind victory over the San Francisco 49ers in Super Bowl LVIII last month, throwing for 333 yards and two touchdowns with one interception.
—Field Level Media
The SEC Dynasty Is Over and the Big Ten Proved It
MLB Betting Picks for Wednesday: Two Totals for May 27 Slate
- Knicks vs Cavaliers Picks Today: Best Bets for Game 4 of the ECF
- Best MLB Bets Today: Top Picks for May 24 Featuring Shohei Ohtani and Ketel Marte
- Thunder vs. Spurs Game 4 Picks: Best Bets for WCF Sunday
- Three MLB Futures Worth Betting Before the Odds Disappear
- MLB Best Bets Today: Guardians Value Play and White Sox-Giants Total
- MLB Best Bets Today: Blue Jays, Diamondbacks and Athletics Picks for Thursday
- MLB Pitcher Props Today: Best Bets for Cam Schlittler, Aaron Nola and More
