Patrick Mahomes, Kansas City Chiefs quarterback and the best QB on the planet, has decided to help his club by agreeing to a restructuring of his titanic $450 million (10-year) contract.
The goal of the exercise is to free up a whopping $21.6 million to bring the Kansas City organization into salary cap compliance, Adam Schefter of ESPN reports.
Patrick Mahomes will be restructuring his contract to create an additional $21.6 million worth of salary-cap space for the Chiefs as they aim to become the first NFL team to three-peat, per league sources. pic.twitter.com/PxpJ5j8ZPj
— Adam Schefter (@AdamSchefter) March 12, 2024
In this way, by deferring (Mahomes’) salary, the Chiefs will be able to have a little more fun when hiring free agents, and once again be one of the clubs aspiring to top honours.
The Chiefs are on a mission to achieve a hat-trick of NFL titles.
Remember that in 2023, the Chiefs also had to reshape Pat Mahomes’ deal, which will allow him to pocket $208.1 million from 2023 to 2026.