Erin WalshMarch 12, 2024
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Patrick Mahomes is doing what he can to assist the Kansas City Chiefs reload for another Super Bowl run.
The super star quarterback is reorganizing his agreement to clear $21.6 million in cap area ahead of the 2024 season, according to ESPN’s Adam Schefter.
Mahomes, who signed a 10-year agreement worth approximately $503 million in 2020, entered this offseason with a $58.6 million cap hit for 2024, per Spotrac.
Mahomes likewise reorganized his agreement in September throughout the start of the 2023 season. The arrangement was set to pay him $210.6 million in between 2023 and 2026, ESPN’s Adam Schefter reported at the time.
It’s uncertain how Mahomes’ most current restructure will affect the previous contract, if at all.
It’s not a surprise the two-time MVP accepted another restructure as the Chiefs goal to end up being the first string in NFL history to win 3 straight Super Bowl titles after declaring the Lombardi Trophy in each of the last 2 seasons.
Kansas City has actually currently lost a variety of complimentary representatives this offseason, consisting of linebacker Willie Gay, offending lineman Nick Allegretti and punter Tommy Townsend. The group likewise put the franchise tag on cornerback L’Jarius Sneed, who might be traded if no long-lasting contract is reached.
When it comes to finalizings, the Chiefs have actually re-signed star defensive take on Chris Jones, security Deon Bush and linebacker Drue Tranquill. The franchise’s only free-agent addition since Tuesday is tight end Irv Smith Jr.
The cap area developed in the restructuring of Mahomes’ agreement might be utilized to work out a long-lasting extension for Sneed. It might likewise be utilized to generate some more reputable targets for the star quarterback as the Kansas City offense was pestered by dropped balls last season.