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-   -   Chiefs Clark Hunt: The Chiefs Will Begin Contract Negotiations W/Mahomes This Summer (https://www.chiefsplanet.com/BB/showthread.php?t=331473)

Coogs 05-30-2020 11:39 AM

So how will the signing bonus portion of the new contract work with respect to the salary cap?

For starters, I am assuming that this is an extension, which means if it is a 5 year extension, Mahomes is under contract for the next 7 years. Correct?

Since $65 million is the current largest signing bonus, I will use $70 million for this example, as it makes the math work easier.

Is the $70 million spread out over 7 years, as I am assuming he gets the $70 million this summer and not in 2 years, for a hit of $10 million per year?

Or is the $70 million only spread out over the 5 years of the extension, at $14 million per year, starting 2 years from now?

Hope this all makes sense.

ChiefsFanatic 05-31-2020 02:47 AM

Maybe the entire contract will be guaranteed. Say, a 6 year extension at $40 million a year, with a $80 million dollar signing bonus spread out over the full 8 years ,but all of it is guaranteed, which would blow away Goff's $110 million dollars in guaranteed money.

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MAHOMO 4 LIFE! 05-31-2020 03:05 AM

I’d honestly give Pat 5 years/ 250 mil all guaranteed

DRM08 05-31-2020 12:15 PM

Quote:

Originally Posted by ChiefsFanatic (Post 14996365)
Maybe the entire contract will be guaranteed. Say, a 6 year extension at $40 million a year, with a $80 million dollar signing bonus spread out over the full 8 years ,but all of it is guaranteed, which would blow away Goff's $110 million dollars in guaranteed money.

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Will probably be shorter than that, especially since they already have him under contract for dirt cheap the next 2 years. A 4-year extension for $160M fully guaranteed would be a pretty solid deal. That's the Kirk Cousins guaranteed contract on steroids.

tyecopeland 05-31-2020 12:42 PM

Quote:

Originally Posted by Coogs (Post 14995044)
So how will the signing bonus portion of the new contract work with respect to the salary cap?

For starters, I am assuming that this is an extension, which means if it is a 5 year extension, Mahomes is under contract for the next 7 years. Correct?

Since $65 million is the current largest signing bonus, I will use $70 million for this example, as it makes the math work easier.

Is the $70 million spread out over 7 years, as I am assuming he gets the $70 million this summer and not in 2 years, for a hit of $10 million per year?

Or is the $70 million only spread out over the 5 years of the extension, at $14 million per year, starting 2 years from now?

Hope this all makes sense.

Using jared Goff as an example since he signed an extension before his 4th year and after his 5th year option had been picked up.

He had his signing bonus spread out over 5 years even though his extension took him out to a total of 6 years. And he had extra signing bonus money on the first year I'm assuming it was the remainder of his guaranteed salary from his rookie deal.

So I think the signing bonus money can be spread out over the full length starting from the year he signs.

Coogs 05-31-2020 03:26 PM

Quote:

Originally Posted by tyecopeland (Post 14996964)
Using jared Goff as an example since he signed an extension before his 4th year and after his 5th year option had been picked up.

He had his signing bonus spread out over 5 years even though his extension took him out to a total of 6 years. And he had extra signing bonus money on the first year I'm assuming it was the remainder of his guaranteed salary from his rookie deal.

So I think the signing bonus money can be spread out over the full length starting from the year he signs.

Wouldn't that mean Mahomes's cap number will most likely go up significantly this season if they agree to a deal this summer? He is sitting at 5.3 million right now.

Hog Rider 05-31-2020 05:44 PM

Has a world’s highest paid QB ever played in a Super Bowl?
Askin’ for a lazy ass friend.

dlphg9 05-31-2020 06:43 PM

Quote:

Originally Posted by Hog Rider (Post 14997435)
Has a world’s highest paid QB ever played in a Super Bowl?
Askin’ for a lazy ass friend.

Has a world's highest paid QB ever been Patrick Mahomes?

tyecopeland 05-31-2020 08:22 PM

Quote:

Originally Posted by Coogs (Post 14997255)
Wouldn't that mean Mahomes's cap number will most likely go up significantly this season if they agree to a deal this summer? He is sitting at 5.3 million right now.

I would expect it would be higher but probably not outrageously so. But it is the reason I'm kinda surprised that they haven't been working on a Chris Jones deal to clear some space for the extra money mahomes would be getting.

Passepartout 05-31-2020 08:43 PM

Just want to know how much they will give him. He has proven it with a SB win and MVP Title in 2018!

Hog's Gone Fishin 06-01-2020 01:10 AM

Just think, if not for Dumbass Dee Ford Mahomes would likely have two SB victories already.

Coogs 06-01-2020 05:32 AM

Quote:

Originally Posted by tyecopeland (Post 14997720)
I would expect it would be higher but probably not outrageously so. But it is the reason I'm kinda surprised that they haven't been working on a Chris Jones deal to clear some space for the extra money mahomes would be getting.


I was just using the 70 million signing bonus which seems reasonable here. On a 5 year extension as an example, that would be spread out over 7 years. That a 10 million dollar hit this season, plus what is probably a minimum salary.

eDave 06-01-2020 05:47 AM

Do any athletes own a private jet?

ILChief 06-01-2020 06:01 AM

Quote:

Originally Posted by Hog's Gone Fishin (Post 14998157)
Just think, if not for Dumbass Dee Ford Mahomes would likely have two SB victories already.

If Dee Ford hadn’t jumped offsides and we won that game and the super bowl, would Reid have kept Sutton? If so, I don’t think we win this past year

ChiefsFanatic 06-01-2020 07:46 AM

Quote:

Originally Posted by ILChief (Post 14998251)
If Dee Ford hadn’t jumped offsides and we won that game and the super bowl, would Reid have kept Sutton? If so, I don’t think we win this past year

Maybe Sutton would have retired. But, you definitely raise an interesting alternative timeline possibility.

But, getting revenge on the Rams for that 54-51 loss would have been epic. It's possible that the Chiefs vs Rams Super Bowl last year could have set ratings records, just based on the hype created by that MNF game.

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DRM08 06-01-2020 08:50 AM

Quote:

Originally Posted by ChiefsFanatic (Post 14998326)
Maybe Sutton would have retired. But, you definitely raise an interesting alternative timeline possibility.

But, getting revenge on the Rams for that 54-51 loss would have been epic. It's possible that the Chiefs vs Rams Super Bowl last year could have set ratings records, just based on the hype created by that MNF game.

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Given that KC’s defense was pretty bad in 2018-2019 season, a Chiefs/Rams Super Bowl would have been a hell of a lot more entertaining than Rams/Patriots. That was one of the most boring Super Bowls in recent decades.

PAChiefsGuy 06-01-2020 09:15 AM

Quote:

Originally Posted by DRM08 (Post 14998441)
Given that KC’s defense was pretty bad in 2018-2019 season, a Chiefs/Rams Super Bowl would have been a hell of a lot more entertaining than Rams/Patriots. That was one of the most boring Super Bowls in recent decades.

I thought it was fine. I know I'm in the minority but I thought watching Pats D play D way they did was a thing of beauty.

RealSNR 06-01-2020 09:45 AM

Have we extended this piece of QB gold yet?

duncan_idaho 06-01-2020 10:35 AM

For the team, the deal works best IF the structure is somewhat known and you have a lot of cash being delivered via roster bonuses/signing bonuses that let you keep 1) giving the player lots of cash now; 2) spreading the cash over an extended contract.

With Mahomes, KC will always want to kick the can down the road on his cap hits as much as possible, because you always want the player.

For Mahomes, it's guaranteed money/cash in hand that matter.

So... with the whole percentage of the cap coming up, I do wonder if maybe there's a way to schedule roster bonuses that use a percentage of the salary cap or something of that nature. Would potentially be the best of both worlds.

teedubya 06-01-2020 12:55 PM

Quote:

Originally Posted by Strongside (Post 14983549)
**** it.

I legit want them to offer him a fixed percentage of the salary cap every year.

If it goes up, so does his contract.

Give him a true "career contract"

This is what I'd like, as well. 13-17% of the salary cap each year.

DrRyan 06-01-2020 01:02 PM

Quote:

Originally Posted by teedubya (Post 14999094)
This is what I'd like, as well. 13-17% of the salary cap each year.

I can't see any way 13% gets it done. That would be a little over $25 million this year. I have a hard time seeing anything below 18% getting it done. What would motivate him, or anyone for that matter, to take a deal like that that would take years of salary cap escalation to get to the "top tier" QB salaries? Couple that with the possibility of the cap decreasing or seemingly at best, a small increase in 2021 after. I can't expect the typical yearly cap increase next year that we have seen for a while now.

I would trust Veach and the cap guys to be able to continually field a very good team at other important cornerstone positions with 82% of the cap.

Kidd Lex 06-01-2020 01:04 PM

Quote:

Originally Posted by teedubya (Post 14999094)
This is what I'd like, as well. 13-17% of the salary cap each year.

All but assures Patrick gets fair compensation while allowing the team the ability to stay competitive and plan ahead each and every year.

Kidd Lex 06-01-2020 01:07 PM

Quote:

Originally Posted by DrRyan (Post 14999114)
I can't see any way 13% gets it done. That would be a little over $25 million this year. I have a hard time seeing anything below 18% getting it done. What would motivate him, or anyone for that matter, to take a deal like that that would take years of salary cap escalation to get to the "top tier" QB salaries? Couple that with the possibility of the cap decreasing or seemingly at best, a small increase in 2021 after. I can't expect the typical yearly cap increase next year that we have seen for a while now.

I would trust Veach and the cap guys to be able to continually field a very good team at other important cornerstone positions with 82% of the cap.

One thing to remember is his cap number the next two years is like $5 million a year. It would still be a large raise the next few years, and then jump as the cap jumps. You’re certainly right, would have to be higher than 13% and or have some performance kickers.

Coogs 06-01-2020 01:16 PM

Quote:

Originally Posted by Kidd Lex (Post 14999130)
One thing to remember is his cap number the next two years is like $5 million a year. It would still be a large raise the next few years, and then jump as the cap jumps. You’re certainly right, would have to be higher than 13% and or have some performance kickers.

5+ million this year. Next year is just short of 25 million.

Kidd Lex 06-01-2020 02:41 PM

Quote:

Originally Posted by Coogs (Post 14999166)
5+ million this year. Next year is just short of 25 million.

Damn, the 5th year option really jumps. Thanks for sharing, that takes away some value.

teedubya 06-01-2020 03:33 PM

Quote:

Originally Posted by Kidd Lex (Post 14999120)
All but assures Patrick gets fair compensation while allowing the team the ability to stay competitive and plan ahead each and every year.

He's said, he's experienced a shitty team and him getting big numbers at Texas Tech... he prefers being a part of a winner. So, I think he's going to work with the team like Brady did, perhaps...

DRM08 06-01-2020 08:57 PM

Quote:

Originally Posted by teedubya (Post 14999478)
He's said, he's experienced a shitty team and him getting big numbers at Texas Tech... he prefers being a part of a winner. So, I think he's going to work with the team like Brady did, perhaps...

To an extent maybe. But the team had him on dirt cheap salary/cap hit in 2018. They also delivered one of the worst defenses in league history to "help" him attempt a run at the Super Bowl. They improved it enough in 2019 to get the job done.

But I guess the point I am making is that giving the team a discount does not guarantee that they will give him the support that he needs to win championships. They made good moves for 2019 season, but they really screwed it up for 2018 on the defensive side of the ball.

tredadda 06-02-2020 05:01 AM

What if the team were to give him a smaller base salary at say $25 million with easily achievable performance bonuses? Say something like get 3,000 yards passing and get another $5 million, have a winning record and get another $5 million etc..... is that possible? Is that even legal and how would that impact the cap if they did something like that?

HayWire 06-02-2020 10:46 AM

Quote:

Originally Posted by tredadda (Post 15000641)
What if the team were to give him a smaller base salary at say $25 million with easily achievable performance bonuses? Say something like get 3,000 yards passing and get another $5 million, have a winning record and get another $5 million etc..... is that possible? Is that even legal and how would that impact the cap if they did something like that?

I believe it counts against next year's cap. If not you could make it even more ridiculous. 5 million base and 25 million bonus if he throws 5 touchdowns

Setsuna 06-02-2020 10:50 AM

With all this civil unrest Mahomes is going to get 60M per year no questions asked.

Coogs 06-02-2020 11:01 AM

I think performance based bonuses have to be "not likely to be attained" to be pushed back to the next year if they are met.

Bill Brasky 06-02-2020 11:17 AM

Have we extended this piece of gold yet??

duncan_idaho 06-02-2020 11:17 AM

Quote:

Originally Posted by tredadda (Post 15000641)
What if the team were to give him a smaller base salary at say $25 million with easily achievable performance bonuses? Say something like get 3,000 yards passing and get another $5 million, have a winning record and get another $5 million etc..... is that possible? Is that even legal and how would that impact the cap if they did something like that?

I don't think there will be many years in the deal with that large of a "base" salary.

It's going to be littered with roster bonuses, signing bonuses, restructure bonuses... so the team has flexibility and can afford to keep adjusting his deal.

Goff's deal has ONE season with a base that big (and it's $25 million exactly).


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