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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)

jaa1025 05-30-2020 02:43 AM

Quote:

Originally Posted by JakeF (Post 14991913)
How about 18%(of cap)+ performance bonuses each season for Mahomes?

I think the whole cap % contract would be just an awful idea for a team. With 15% he will almost always be the highest paid player and the biggest salary cap hit in football. There would be no more overpay for a year or two and get relief in the cap later due to rising cap space and costs to the position. There would be no more renegotiating of contract to get relief through bonuses being spread out.

BigRedChief 05-30-2020 04:04 AM

Quote:

Originally Posted by mnchiefsguy (Post 14994753)
Brady's wife makes wayyyyyy more money than he does, so he could afford to take less.

She's worth $600 Million. Her companies she started and owns does BILLIONS is sales every year.
Quote:

Originally Posted by mnchiefsguy (Post 14994753)
Pat's gf don't make nearly that much.

Brittany makes $100K a year.


So we need to fly some banners, get social media activated to get Brittany a big chain of workout centers/gyms so Mahomes can have generational changing money and concentrate on just playing football.

DRM08 05-30-2020 10:08 AM

Quote:

Originally Posted by jaa1025 (Post 14994779)
With 15% he will almost always be the highest paid player and the biggest salary cap hit in football.

15%? That is chump change for a QB of Mahomes' ability. 15% is nowhere close to highest paid QB in the league at the moment. In fact it's currently the 9th highest QB salary in the league based on the 2020 salary cap. Would be a salary of $29.7M for 2020 season.

At the time of signing their recent contracts, Russell Wilson and Aaron Rodgers were both around 18.5% of the cap in the year they signed. That's a lot more than the 15% you claim is so outrageous. Matt Ryan is 8th in average salary and he is getting $30M per year, which is currently 14.9% of the cap. At the time Matt Ryan signed his deal in May 2018, it was about 17% of the 2018 salary cap.

You should hope like hell the Chiefs are actually able to get Mahomes on a 15% cap salary. That's a massive discount compared to his actual value.

RunKC 05-30-2020 10:34 AM

20% of the cap is completely fair for Pat. That would put him at $37.6 million this year which sounds about right

DRM08 05-30-2020 11:16 AM

Quote:

Originally Posted by RunKC (Post 14994970)
20% of the cap is completely fair for Pat. That would put him at $37.6 million this year which sounds about right

Isn't 20% closer to $40 million? All the websites I can find seem to say the 2020 cap is $198.2 million. 20% of that is $39.64 million. But I agree with you that this number is completely fair.

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.

Sent from my GM1915 using Tapatalk

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.

Sent from my GM1915 using Tapatalk

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!


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