• Loading stock data...
Tuesday, September 16, 2025

Patrick Mahomes Restructures Contract (Again) for Chiefs’ Cap Relief

  • Mahomes has endorsements such as Subway and State Farm to supplement income.
  • The three-time Super Bowl winner has adjusted his contract before to help the team.
Mark J. Rebilas-USA TODAY Sports

Patrick Mahomes continues to be a team player. 

According to the Associated Press, the Chiefs’ quarterback has restructured his contract for the second time in three years to help his team get some salary cap relief. 

Had the deal gone untouched, Mahomes’s deal would have counted for $58 million against the cap for the 2021 season, but now will count for only $21 million, according to the AP. Mahomes’s 10-year extension, carrying a theoretical value of $503 million, was the richest contract in the history of U.S. sports when it was signed in ’20. Despite being the repeat Super Bowl champions, Kansas City still has holes to fill, including at wide receiver and on the offensive line, to help protect its franchise quarterback. 

Mahomes’s decision isn’t unique among quarterbacks of his ilk, especially in their prime. Tom Brady didn’t have a salary cap hit north of $20 million while with the Patriots until his second-to-last season in New England as a way to keep the team’s core together. Like Brady, Mahomes has numerous off-field endorsements, most notably State Farm insurance, and isn’t feeling much of a hit in his wallet. 

The Chiefs recently re-signed star defensive tackle Chris Jones to a five-year deal worth almost $160 million. Jones signed his previous contract in 2020, a four-year $85 million extension, shortly after Mahomes signed his record-setting contract. Mahomes could have become the NFL’s first $50 million–a-year quarterback, but he decided not to for cap flexibility. 

When Jones signed his deal in 2020, Mahomes texted him: “Let’s get this thing done. I left some on the table.” 

Four years later, he has done so again. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Green Bay Packers cornerback Keisean Nixon (25) breaks up a pass intended for Washington Commanders wide receiver Noah Brown (85) on Thursday, September 11, 2025, at Lambeau Field in Green Bay, Wis. The Packers won the game, 27-18.

Amazon Shatters Previous Ratings High for 1st NFL Game

“TNF” viewership surges 35% compared to the 2024 season average.

Trump Push to End Quarterly Earnings Has Major Sports Ramifications

U.S. President Trump proposes moving to semi-annual reporting for public companies.
Joe Burrow

Joe Burrow Out for Months After Bengals’ Pricey Offseason

Tee Higgins and Ja’Marr Chase are the highest-paid WR duo in NFL history.

Tush Push Debate Heats Up in Eagles Win, Ex-NFL Rules Chief Sounds..

The Eagles are continuing to run the quarterback-sneak play.

Featured Today

PHILADELPHIA, PENNSYLVANIA - APRIL 19: A detailed view of the MLB Debut patch on the jersey of Patrick Monteverde #44 of the Miami Marlins prior to game against the Philadelphia Phillies at Citizens Bank Park on April 19, 2025 in Philadelphia, Pennsylvania.

The Tiny Jersey Patch at the Center of the MLB Rookie Card..

Autographed cards containing a piece of baseball history have upended the market.
September 11, 2025

Eagles-Chiefs Super Bowl Rematch Could Set More NFL Ratings Records

Fox will nationally televise Sunday afternoon’s matchup.
September 10, 2025

ESPN’s ‘MNF’ Ratings Up 8% As NFL Surges to Strong Start

ESPN posts its second-best Week 1 “Monday Night Football” audience.
Sep 7, 2025; Orchard Park, New York, USA; Buffalo Bills fans react during the fourth quarter against the Baltimore Ravens at Highmark Stadium.
September 9, 2025

As Bills Ascend, Their Next Frontier Lies in Canada

Buffalo and the powerful Canadian entity MLSE come together in a new pact.
September 8, 2025

Alcaraz and Sinner Have More to Gain in 2025 After Splitting Slams

Alcaraz and Sinner have split the last eight Grand Slams.
September 10, 2025

Kuminga, Grimes Remain Unsigned As Giddey Agrees to $100M Deal

Two of the four restricted free agents have inked deals.
Sponsored

How World Series Champ Dexter Fowler Became a Premier League Team Owner

Dexter Fowler discusses navigating retirement and embracing new roles as an owner & investor.
September 7, 2025

Alcaraz Beats Sinner, Wins $5M Prize, Reclaims World No. 1

Alcaraz won a record $5 million first prize at the US Open.
Angel Reese
September 5, 2025

Angel Reese Suspended For Half-Game After Ripping Teammates

The team is disciplining Reese for criticizing her teammates publicly.
Caitlin Clark
September 4, 2025

Caitlin Clark Says She Won’t Return From Injury This Year

She only played 13 games this season.
James Harden
September 4, 2025

James Harden’s Houston Restaurant Shut for Falling $2 Million Behind in Rent

A sign on the door says the locks have been changed.