Chiefs exercise Mahomes' Fifth-Year Option
 

Well, we knew it wouldn't be easy.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Chiefs exercise QB Patrick Mahomes&#39; fifth-year option, a source tells Yahoo Sports:<a href="https://t.co/xaOjrmh7UQ">https://t.co/xaOjrmh7UQ</a></p>&mdash; Terez A. Paylor (@TerezPaylor) <a href="https://twitter.com/TerezPaylor/status/1255886958242529281?ref_src=twsrc%5Etfw">April 30, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

He's going to get 50 mil a year.

Tyreek, Kelce, Watkins, Hardman, CEH

Sign him to the first-ever fully guaranteed NFL contract. 5/$200 million. 5 years is the longest an NFL team is allowed to spread out a signing bonus. I guess go 20, 30, 40, 50, 60 per year? 50 in year 4 is probably going to be in line with future QB contracts. Year 5 at 60 idk. Depending on the cap you can swap around the numbers per year as long as you end with $200 million. Maybe $300 million over 7 years with the final 2 years being $50 million each.

5 year $200 million with $125 million guaranteed

That’s about 15% more AAV than the highest in the league (Wilson at $35 million AAV)

$125 million guaranteed is way more than the league’s current highest (Matt Ryan at $94.5 million guaranteed)

**** the QB market to screw everyone but us bc Pat is the only player actually worth that $$

He'll be signed to a monster deal before the season starts

Finally!

when do u think?

I assume it will be closer to a 43-45 average but some of those years at the end of it are going to look crazy.

I don't know guys. I think this is a mistake. I think they should sign Andy Dalton and groom him to take over next year. Then grab a QB in next years draft in the second round or later and prepare him to take over. Just can't spend that much money on any one player. Not when we need to extend guys like Watkins, Jones, Sorenson, LDT, Fisher, etc.

Incentives would be a waste of ink

They talked about using contract features from other QB deals. They’ll likely have multiple options in this deal for Mahomes to convert money to guaranteed and save cap space like what Frank Clark did a few weeks ago

As it goes with QBs, he’ll sign a crazy deal that has people saying, “Wow! That’s a crazy amount of money!” And in three years they’ll say, “Wow, that’s a reasonable salary!”

Need to trade Mahomes

KC got their SB

Time to get a ton of early rd picks and rebuild before Mahomes gets inj again.

"We'll throw in another $1 million if you beat 6,500 yards."

"Hold my beer."

YES!!!!!!!

Tank for Trevor Lawrence!

Don’t pay the QB. Football is all about running the ball and playing tough nosed defense. A perfectly executed toss sweep will always be more entertaining and effective than a vertical passing game. Three yards and a cloud of dust. Only 3 things happen when you throw the ball, two of which are bad. Give Alex more weapons.

I think that's the best bet... waiting only ups the ante by $20M.

reeruns on facebook saying welp there goes chris jones. they havent signed mahomes long term yet because they cant afford anything at all.

Shut your whore mouth.

First Mistake: Reading anything on Facebook

Facebook fans are generally really stupid and don’t understand that the average value of a deal is not the yearly cap hit.

YES!

Facebook fan = Trufan

Most of them hated drafting Mahomes. They either wanted to give Alex more weapons or “fix the defense”.

I think after winning the SB last year we should be like the Bulls and dump everybody and rebuild.. Don’t want to be saddled by those big contracts when you’re rebuilding...
Super Bowl 2070 here we come!!!

Alright, who's the asshole that thumb's downed my post. Clearly there's a lot of people in this thread that agree about moving on from Mahomes and striking while the iron is hot.

Jeez you guys.

Did Lamar have part ownership then

There's no reason for either side to sign an extension any time soon.

Mahomes and the Chiefs would both be wise to wait until the new TV contracts have been signed, which will greatly benefit both parties and create an atmosphere of trust moving forward.

Signing an extension now only means restructures over the coming years and uncertainty in free agency.

I've been saying that they should tie his salary to a % of the cap. That way he's always the highest paid QB in case QB salaries rocket up in the new CBA or in 2-3 years the NFL goes full exception for the QB salary.

But, if shit happens and the cap goes down for whatever reason, he still gets last years higher salary guaranteed.


Like the common consensus, I agree, both parties are waiting until the new TV deals are done.

Wonder if that’s the plan with Jones as well. Wait until this all settles down (before July 15th) and go from there.

Well, that's a bit different because the most of the TV contracts expire in 2022, save for MNF, which expires in 2021. But once they're set, the NFL and NFLPA will have a very good idea about the yearly Salary Cap figures moving forward, so they'll be able to negotiate and adjust player's contracts accordingly.

The Chiefs had a truncated offseason due to the Super Bowl and with the virus causing issues, haven't needed to focus on Jones because the deadline to negotiate is still 10 weeks away.

So no extension this year? Does he get more money this year? Or just the 25 in 2021?

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">The hope is for a deal to be done before camp starts. Whenever that is. <a href="https://t.co/25BcDN87bL">https://t.co/25BcDN87bL</a></p>&mdash; James Palmer (@JamesPalmerTV) <a href="https://twitter.com/JamesPalmerTV/status/1255882320109875203?ref_src=twsrc%5Etfw">April 30, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

I don't want what you are on.

Agreed, Mahomes value will never be higher than it is right NOW!

https://uploads.tapatalk-cdn.com/202...7cbab4e125.gif

But, but, but, Andy Dalton is available and then we can sign a high end Center/ Carl Petersons & Scott Piolis love child

Hi, dumbass checking in...what exactly IS the 5th year option, what does it mean? You basically just wait till he's in his 5th year to do a deal? Why is that an option?

I'm so ****ing dumb...

Its a deadline in the CBA. If they didn't do the 5th year option, Mahomes is a FA at the end of this season. Bookkeeping thing.

No worries. No one has reported or even rumor mongered anything but that both the Chiefs and Mahomes want a long term contract.

I'm not an expert, but the gist is...

Players drafted in rounds two or lower have a max length of their first contract of four years. Contracts for first rounders include an option where the team can extend it to a fifth year without any other negotiation. The formula for the salary is a weird formula based on where they were picked. It's kind of like the franchise tag - it's a big payday for the player, but it's only good for a year.

Functionally, this means that Pat will play for the Chiefs next year on a high, but not record breaking contract. I'm not 100% clear on whether we can now cancel the fifth-year and replace it with a different contract. I think the answer is yes, but there might be some other weird stuff with it.

In short, this doesn't matter that much, but it makes 100% sure that he's not gonna be a free agent after 2020-21.

I would ask if you're joking/trolling, but I remember your "Does Moore stay in at QB even after Mahomes returns" (or something similarly worded) thread.

wut?:stupid:

For what it's worth, Spotrac has the value of Pat's contract in 2021-22 as $24,837,000 due to the fifth-year option.

Might be able to buy him a house like Kiff's.

Yeah, you're totally dumb :stupid:

But seriously I'm kinda busy right now to answer, someone else wanna take this for this n00b :Pimp:

Someone already has. And they weren't a dick about it either.

I was just messing around. Was trying to pretend like I knew, while trying (and failing) to make it clear I had no idea what the answer was either.

Should have went with "asking for a friend," my bad.

Me too but I came off as clearly being the bigger dick. My apologies for that.

Exercise is good for you.

<blockquote class="twitter-tweet" data-partner="tweetdeck"><p lang="en" dir="ltr">Mahomes: &quot;Obviously I want to be a Chief for a long time. I want to have a contract that says that and I can go out there and know I have that security. I understand and trust the Chiefs organization and everybody in it that they&#39;re gonna handle it the right way... (1/2)</p>&mdash; Terez A. Paylor (@TerezPaylor) <a href="https://twitter.com/TerezPaylor/status/1256230154420064259?ref_src=twsrc%5Etfw">May 1, 2020</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<blockquote class="twitter-tweet" data-partner="tweetdeck"><p lang="en" dir="ltr">...I trust my representation that they&#39;re going to ease my mind and let me go out there and just love the game I love playing. So for me, whenever that happens, it happens. But I&#39;m gonna focus on being the best football player I can be every single day.&quot; (2/2)</p>&mdash; Terez A. Paylor (@TerezPaylor) <a href="https://twitter.com/TerezPaylor/status/1256230497438621697?ref_src=twsrc%5Etfw">May 1, 2020</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Pat isn't taking a discount.

It is what it is and he shouldn't. He has earned every cent, and probably none of us would defer a raise.

That might be my favorite thread of all time.

It will be interesting to see him sign something like a 5 year $225M contract and what that does to the gaggle of QBs in the #5-#15 range going forward. They're going to find themselves making $30M a year pretty quickly.

I think he'll take a discount, but only in that it's not going to be as high as some of these bizarre projections.

He will become the highest paid QB and set a new record for guaranteed money, but on a per year basis? People are throwing out numbers like $45-50 million per year.

That's a little ridiculous. If he cracks $40, that will be a complete re-set of the QB market. I think he'll take that and be done.

Wilson is already @ $35M... and Pat is 7 years younger, so yeah I think he'll get into the $45M range. Hell, at his age - he's looking at 2 mega contracts if he stays healthy.

KC should just rewrite the book on this and lock him up long-term.

He's going to demand $10 million more AAV than the next best QB?

Raising that by $5 million is still re-setting the top of the market in a big way. That will be his discount to the team, I'd wager.

Unfortunately my Jags are still balls deep in this sort of philosophy. :deevee::deevee::deevee:

Well, they're ignoring the first part. They paid Bortle Kombat and Big Dick Nick a bunch of money. There's yer problem!

1. Round up the entire Hunt family silver stash.

2. Fill up Arrowhead with it.

3. Have Gracie sit on top of the pile of silver wearing nothing but a Mahomes Chiefs jersey.

4. Give Patrick the keys to the door at Arrowhead and tell him it's all his.

As a starting point, right?;)

I think the way KC can do this that’s best for both sides is to offer most of his salary guaranteed. This should allow for a smaller “team friendly” contract while providing him financial security.

Stay on the ship!

You give him whatever he wants. 45 million per season? Sure. 50 million per season? Yes. He is the franchise.

I kinda wish he would have said " I wanna be a Chief for life." Not just "a long time".

I'm greedy. Never leave us Mahomes.

Sent from my Pixel 3a using Tapatalk

So what you're saying is the 5th year option must be exercised between the 3rd and 4th year? Or can it be exercised any time in the 4th year? While I'm not questioning the wisdom of signing PMII for as long as we can, I just don't see why this is a big deal today.

May 3rd is the deadline to extend the option. The money is pretty big to extend for that 5th year. Bears are not extending Trubisky. Jags are passing on Fournette.

I assume you mean guaranteed at signing. Jared Goff has $110M in total guarantees, which is the highest in the league. If that's his market, then Mahomes should be getting $150M or more in total guarantees.

https://www.spotrac.com/nfl/rankings/guaranteed/

The Rams have already restructured his contract, which added some guaranteed money, I believe. Think he also had a roster bonus that got picked up this year.

No, the $110M guaranteed number was announced at the time of the original signing. It was a big deal that he got the biggest guaranteed money of anyone. Here is an article from September 2019 when the new deal was signed.

https://theramswire.usatoday.com/201...nteed-numbers/

"Jared Goff was rewarded with a massive contract extension after just three seasons with the Los Angeles Rams, signing a four-year, $134 million deal this week. It comes with $110 million guaranteed, which is the most in NFL history."

:cuss::cuss::cuss::cuss: