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Agents Take How the Chiefs worked magic with the salary cap to reach Super Bowl

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发表于 2024-7-20 16:01:59 | 显示全部楼层 |阅读模式
"Can't keep everyone" was All-Pro linebacker brutally honest a se sment of the ' salary cap situation after quarterback signed his first big contract extension in 2015. Wagner's words seemed like they would ring true for the at the end of last March when the Super Bowl LIV champions had only $177 of cap space.The Chiefs are positioned to have an extended championship window thanks to the efforts of director of football administration Brandt Tilis, who is Kansas City's lead negotiator of player contracts and primarily responsible for managing the salary cap. Tilis had an extremely busy offseason in keeping core players by signing defensive tackle , quarterback and tight end to extensions.             KC  QB  #15  Mahomes received the richest contract in American team sports history last July. The 2018 NFL MVP signed a 10-year, $450 million extension worth up to $500 million with incentives, which includes a no-trade clause. Mahomes becoming the NFL's highest-paid player was expected. But nobody was anticipating the type of unconventional deal he signed. The tendency with lucrative quarterback contracts in recent years has been shorter deals. Prior to Mahomes, the five-year extension signed with the in 2018 was the longest contract among the league's highest-paid quarterbacks. Extremely long quarterback deals had fallen out of favor by the middle of the 2000s. The longest NFL contract currently in existence -- outside of Mahomes' deal --  Wilmer Flores Jersey is the eight-year extension signed with the in 2014 to become the NFL's highest-paid offensive tackle.  The Chiefs have achieved something that sets them apart from other NFL teams with Mahomes' contract: Cost certainty with a top talent for an inordinate amount time. Mahomes' contract runs through the 2031 season.To entice Mahomes to take such a lengthy deal, the Chiefs had to provide protections that typically don't exist during the later years of NFL contracts. Ordinarily in lengthy contracts, the later years are e sentially a series of one-year options where teams can release players when it best suits them.A significant amount of Mahomes' compensation each year is in March roster bonuses that become fully guaranteed at least one year early. For example, Mahomes' 2027 compensation consists of a $10 million base salary, a $49.4 million roster bonus due the third day of the league year, and a $550,000 workout bonus. The $49.4 million roster bonus becomes fully guaranteed on the third day of the 2026 league year. The base salary and workout bonus are fully guaranteed on the third day of the 2027 league year. The Chiefs would have to buy Mahomes out for $49.4 million to exit his deal in 2027 before the Dwight Gooden Jersey  remaining $10.55 million became secure.  Mahomes' 2026 contract year operates in the same manner, so the Chiefs will be on the hook for his 2026 $38.9 million roster bonus on the third day of the 2025 league year. All of the latter years in Mahomes' contract are like this.Over 80% of the $59.5 million Mahomes is scheduled to make in 2027 becomes secure a year in advance. After 2028, the percentage of Mahomes' compensation in a March roster bonus starts decreasing significantly. By 2031, the final year of the contract, the percentage of compensation in a roster bonus is le s than 30%.This structure with the annual roster bonuses vesting early is going to make it hard for the Chiefs to cut Mahomes during the bulk of his contract without incurring some major salary cap hit to part ways with him.  The Chiefs maintained short-term salary cap flexibility because Mahomes got a modest $10 million signing bonus with his league minimum $825,000 base salary for 2020. This enabled the Chiefs to keep his 2020 cap number under $5.4 million, which is e sentially the same as in his rookie contract. Mahomes' 2021 cap number approximates the $24.837 million fifth-year option he was scheduled to play under if he hadn't done a new deal. His cap numbers don't start taking a big jump until 2023, when he'll be counting at $42.45 million. The Chiefs will likely start converting the March roster bonuses (or a portion) into signing bonus for cap relief at some point during the deal. The signing bonus proration runs through 2024. Neil Walker Jersey  The roster bonuses are above $30 million in the 2023 through 2028 contract years. This will make it even more difficult to release Mahomes because there will bonus proration in addition to the salary guarantee.There are two types of economic constraints for NFL teams: the salary cap and a cash budget. Mahomes' cash flow is extremely advantageous for the Chiefs. It is an underrated factor in Kansas City's subsequent key signings of Jones and Kelce.  Mahomes is only receiving $6 million more over those remaining two years than if he played out his rookie deal, which is shockingly low. The $6 million pales in comparison to the extensions quarterbacks and signed in 2019 with the and , respectively, when at same point in their careers as Mahomes was at the time his deal was done. Goff had $30 million more over the final two years of his rookie deal and Wentz received $29.6 million. This type of disparity is unexpected considering Mahomes is giving more than twice as many new years, 10, as both Goff and Wentz, four.The cash flow in the first three years of their respective deals is similarly favorable to Goff and Wentz. Mahomes is making $63,081,905 in his first three contract years (2020 through 2022). Wentz is making $81,570,683 (2019 through 2021), which is nearly 30% more than Mahomes during the same period. Goff is at $84,542,682 (2019 through 2021). He's getting close to 35% more than Mahomes.Mahomes' contract is also back loaded. He makes $197.75 million or 43.9% of the new money after the first five new contract years (2022 through 2026), which averages $39.55 million per year. $252.25 million of the $450 million (56.1%) is in the final five new years, for an average of $50.45 million per year.   Unlike practically every other NFL player besides , maximizing income isn't a top priority for Mahomes, which is certainly his prerogative. Getting top dollar -- or close to it -- is, for most NFL players, an important part of at least their first couple of veteran contracts. Mahomes is attempting to strike a balance between being compensated fairly and allowing the Chiefs to consistently remain contenders with his contract. It's inevitable that Mahomes will become underpaid at some point, probably sooner rather than later -- especially if quarterback salaries continue to escalate like in recent years.             KC  DT  #95  Conventional wisdom suggested Jones might be involved in a franchise tag and trade scenario -- like edge rusher was with the Chiefs in 2019 -- because of acrimonious negotiations prior to his rookie contract expiring, and having two high-priced pa s rushers wasn't considered feasible. The Chiefs had already signed defensive end , who had been franchised, to a five-year, $104 million contract with $62.305 million  Keith Hernandez Jersey in guarantees ($43.805 million fully guaranteed at signing) in connection with his trade from the Seahawks shortly before the 2019 NFL Draft.The Chiefs were in a position to franchise Jones instead of needing to make a choice on how to use the designation because wide receiver signed a three-year extension for nearly $54 million right before the 2019 regular season started. Without the Hill extension, the Chiefs would have run the risk losing one of these in free agency. Tilis was able to extract structural conce sions in Hill's extension because of his checkered past, which gave the Chiefs an early out contractually with an off-the-field mi step.  The Chiefs signed Jones to a four-year, $80 million contract containing $60 million in guarantees (worth up to $85 million with incentives) to become the first NFL team to ever have two $20 million-per-year pa s rushers. The expectation was the base value of a Jones' deal would top the four-year, $84 million extension averaging $21 million per year the gave defensive tackle after acquiring him from the last March.Surprisingly, Jones' cash for the 2020 season equals his $16.126 million franchise tag, where only his $1.5  Tug McGraw Jersey million salary advance is prorated over the four years. This is in stark contrast to linebacker receiving a $20.5 million signing bonus and $1 million first-year base salary in the long-term deal he signed after getting a $13.195 million franchise tag from the Chiefs in 2015.             KC  TE  #87  Tilis may have saved his best work for last with Kelce. Within a few hours of resetting a stagnant tight end market in August with a five-year, $75 million extension averaging $15 million per year from the 49ers, Kelce signed a four-year, $57.25 million extension averaging $14,312,500 per year.   The two deals couldn't be more different. Kittle's $40 million in overall guarantees and $30 million fully guaranteed at signing are both the most ever in an NFL contract for a tight end. Kelce has $23 millio
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