Chiefs re-work Patrick Mahomes’ contract for fourth time to fill free agency holes after Super Bowl 2025 disaster
NY Post
Patrick Mahomes’ contract continues to provide valuable salary cap relief.
The Chiefs have restructured their star quarterback’s deal for the fourth time to open up $49.4 million in cap space when combined with a restructuring of Chris Jones’ contract, ESPN reported Wednesday.
Mahomes, 29, has a 10-year, $450 million deal with the Chiefs that has him under contract through the 2031 season.
Jones, the Chiefs’ standout defensive tackle, signed a five-year, $158.75 million extension with the Chiefs last offseason.
Salary cap restructurings are ways of pushing the financial hit down the road, while the players receive payment up front in terms of a signing bonus.
The player is not forfeiting any money in said scenarios, and Mahomes has reworked his contract each of the last two years, per the ESPN report.
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