Doubt if the Chiefs are going to give $20M/year to a 32 year old tackle. That'd wipe out almost all of their cap space in one signing. There will be cheaper options.
Great player, but the injury obviously and he has been a bit of a drama queen when in DC. Do the Chiefs need elite at that position or above average?
They did, but prior to that they were still way over the cap and needed to make a lot of corrections. They'll need to tweak the honey badger and probably Frank Clark
I don't understand it either but I keep hearing that they can structure new contracts and payments in a way that reduces their impact on the cap. I don't know for sure if signing bonuses are included in the cap or not. My impression is that if they structure them right they aren't. I'm sure there are several attorneys and accountants who make a lot of money for each team trying to massage the contracts and numbers to make them work.
wish I could say the same about being a Vikings fan. I've had several teams since I was very young that I rooted for but have been a Vikings fan for most of my adult life. Never the Chiefs for some reason. Mahomes is a very easy player to root for. I was happy for Brady and the Huskers on that Buc team but felt bad for the abuse Mahomes took. He took some shots from the Bucs that were a little beyond clean hard play IMO.
They should just assign ownership stake to Mahomes in lieu of cash money.
I suspect Trent Williams went out and got himself a really serious financial advisor ten minutes after he spent $150k for a silverback gorilla chain in 2011. <sarcasm>
Restructures are almost always (maybe always?) good for the player. They take the base salary for the current year and convert it to signing bonus. The signing bonus is paid immediately, but the cap hit is spread across the remaining years of the contract.
Restructures....that is the way Veach sets up contracts, to make if very easy to restructure as needed, players are very for this very thing, more guaranteed money in their pockets. Its a beautiful thing! As you stated.....the cap limit keeps going up every year, unfortunately it went down this year, but next year it is projected low 200s. Everyone talks about how Tom Brady restructures, I want to point out one thing........HIS WIFE IS WORTH 100s of millions of dollars that well.
This is a good breakdown. While I think a "restructure" is usually good for the player, it depends what kind of actual non-injury-guaranteed money is at stake. Sometimes it is "restructure with us or we will just cut you." The third and fourth year of a contract is very very rarely guaranteed unless you are a mega star... and even then you can't just be a pro bowler. Look at Todd Gurley, he signed a "huge deal" but was cut after one season.
Sorry to step on your Brady toes. I was just pointing out that fact. Yes, he has been vastly underpaid. It just makes it easier to take less money with that situation.
He's got all the money in the world, hot wife, trophies, and GOAT. I'm sure it's not difficult for him to get close to some of the best investment people in the world and turn those millions into billions.
And Mahomes doesn’t have a wife who makes $100 million a year. Don’t blame him for taking the Max contract. You would too.
