Contract money vs legacy

[Lprechaun]

Since we do now have Mahomes, he will retire as a Chief, and with the upcoming contract for him (ungodly numbers) I got thinking about what he has shown so far and wondered if it could turn into a club friendly contract to ensure the ability to get more talent around him.
Its really a money issue, what is enough and what is in the end just simply not needed. His agent doesnt jump at money, he is quirky but smart. He told Mahomes the money would show up and he needed to concentrate on the game.
PM2 didnt come from a poor family living in squalor, I think legacy might mean more to him than a bigger NFL contract.
As this team turns the page from the Pats as the team where players want to go we will have no shortage of team friendly contracts of players wanting a championship.
OR is money that important and we just hope we can draft well enough to put a team around him?
(He deserves every cent, I see him not taking it like others have just to have it.)

[tredadda]

Originally Posted by jjchieffan

Even if that extra $200 million is just sitting in a bank doing absolutely nothing for you? Why?? What's the point of having it if you could never possibly hope to spend it?

Why should he accept less than he is worth? That makes no sense to me.

[BossChief]

By signing the highest QB contract extension in history next offseason, Mahomes WILL be takings hometown discount. I bet he would take the deal RW got plus the appropriate increase due to increase to the cap from last year to this year.

If the cap goes up a similar amount as the past few, it will be 200m next year. That puts the fair price for Mahomes at 37.19m per year...which makes the whole contract look like:

5 years
186 million
69m signing bonus
80m fully guaranteed
110-120m guaranteed


Which makes his cap hits line up like this, year to year...

2019 4.479m
2020 19m (13.8 of this number is the prorated signing bonus)
2021 31m
2022 32m
2023 37m
2024 43m
2025 43m

That’s a steal of a deal for a guy that automatically puts you in the Super Bowl picture.

[MMXcalibur]

Every player from Mahomes down to the last person on the roster need to do anything and everything to make as much money as possible because the NFL will chew you up and spit you out without a second thought.

I don't fault any player one bit holding out for more $$$.

[Chiefaholic]

I see Mahomes as the first $200 million contract and likely earn every damn penny of it. Mahomes doesn't need elite talent around him, but it sure is nice while we can still afford it.

[God of Thunder]

Originally Posted by jjchieffan

Even if that extra $200 million is just sitting in a bank doing absolutely nothing for you? Why?? What's the point of having it if you could never possibly hope to spend it?

You must be dense......the money isn't just for you. It's ensuring that your kids never have to work. Their kids never have to work - and future generations are taken care of even after you're in the dirt.

[Eleazar]

Originally Posted by tredadda

Why should he accept less than he is worth? That makes no sense to me.

He shouldn’t, and he won’t.

We are just wetting our pants about the salary cap several years in advance, I guess.

[CasselGotPeedOn]

Originally Posted by MahiMike

Horribly stupid take. Do it the Brady way and get those rings. The money will come.

As usual you're a moron.

[Abba-Dabba]

Originally Posted by Lprechaun

That makes very little sense in the aspect of if you can go broke with 200 million you somehow wont with more?
Billionaires have lost everything, thats on them in one way or another. Other billionaires can do what you say, and then there are people like Bill Gates who know that a few million dollars can set you up for life and giving the rest away to help others is what riches are for.
I again dont blame anyone for wanting more money, I want more money, but say i signed a 200 million dollar contract and had endorsements, Id build houses and give them to people deserving of a fresh start.

You've chosen your teammates strength of financial security is more important than your own family.

[O.city]

Originally Posted by BossChief

By signing the highest QB contract extension in history next offseason, Mahomes WILL be takings hometown discount. I bet he would take the deal RW got plus the appropriate increase due to increase to the cap from last year to this year.

If the cap goes up a similar amount as the past few, it will be 200m next year. That puts the fair price for Mahomes at 37.19m per year...which makes the whole contract look like:

5 years
186 million
69m signing bonus
80m fully guaranteed
110-120m guaranteed


Which makes his cap hits line up like this, year to year...

2019 4.479m
2020 19m (13.8 of this number is the prorated signing bonus)
2021 31m
2022 32m
2023 37m
2024 43m
2025 43m

That’s a steal of a deal for a guy that automatically puts you in the Super Bowl picture.

The spotrac dude was on 610 the other day and brought up an interesting point.

Mahomes May or could choose to go for a shorter term fully guaranteed deal that would allow him to keep hitting the “market” so to say, more often

[Lprechaun]

Originally Posted by RubberSponge

You've chosen your teammates strength of financial security is more important than your own family.

It's not like he either makes 400 million or 8 bucks an hour lol his family will be just fine.

[BossChief]

Originally Posted by O.city

The spotrac dude was on 610 the other day and brought up an interesting point.

Mahomes May or could choose to go for a shorter term fully guaranteed deal that would allow him to keep hitting the “market” so to say, more often

I could see him doing that on his first extension because the new CBA should get more $ for the players. This doesn’t seem like a kid that the most important thing is money, though. It’s gonna be interesting to see how it goes.

[SAUTO]

Originally Posted by BossChief

By signing the highest QB contract extension in history next offseason, Mahomes WILL be takings hometown discount. I bet he would take the deal RW got plus the appropriate increase due to increase to the cap from last year to this year.

If the cap goes up a similar amount as the past few, it will be 200m next year. That puts the fair price for Mahomes at 37.19m per year...which makes the whole contract look like:

5 years
186 million
69m signing bonus
80m fully guaranteed
110-120m guaranteed


Which makes his cap hits line up like this, year to year...

2019 4.479m
2020 19m (13.8 of this number is the prorated signing bonus)
2021 31m
2022 32m
2023 37m
2024 43m
2025 43m

That’s a steal of a deal for a guy that automatically puts you in the Super Bowl picture.

There's been speculation he will get a 4 year fully guaranteed deal

[BossChief]

4 for 150 fully guaranteed half as signing bonus would be great with me

[jjchieffan]

Originally Posted by God of Thunder

You must be dense......the money isn't just for you. It's ensuring that your kids never have to work. Their kids never have to work - and future generations are taken care of even after you're in the dirt.

I believe that you're the dense one. First of all, let's not pretend that he won't make $100 million + from endorsements. Secondly, Unless he's just plain stupid with his money, he, his kids, and future generations will be taken care of off of $200 million. Besides, $200 million was thrown out as an arbitrary number. Now that I'm thinking about it, that number is ridiculously low. If he were to play until he's 40, that's 19 years in the league and only $11 Million per year. Realistically, even a bargain deal would be more than double that. He could start at $20 million per year, with modest increases, and still top half a billion dollars for his career. So maybe I should ask what's he going to do with a billion dollars over his career that he couldn't do with half a billion?

[TLO]

Originally Posted by tyecopeland

In the words of BIG

**** bitches get money

In the words of BIG SMOKE

"All we had to do was follow the damn train CJ"