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No, because you can't realistically go "All In" every year. It's not like a cash game in poker where you can re-buy. You'll eventually run out of players and picks to move.
They can be a contender every year with Mahomes, provided the rest of the players aren't total JAGs. In 2024 and 2020, they had arguably their most talented teams, but didn't win the SB. They won in 2022 after losing Tyreek Hill.
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