Billl Posted July 6, 2020 Posted July 6, 2020 2 minutes ago, aristocrat said: contracts are insured for career ending injury. Can’t buy life insurance policies for dead cap hits, though.
atlbillsfan1975 Posted July 6, 2020 Posted July 6, 2020 2 minutes ago, YoloinOhio said: Knee jerk reaction is this is all about optics. The best QB in the game right now gets the biggest deal ever. Good for Mahomes. Kid is a helluva player. 1
Steve Billieve Posted July 6, 2020 Posted July 6, 2020 This is super smart imo. Mahomes gets money NOW. KC saves cap latter. When it comes to investing large sums time is the biggest factor for success. I'm not sure how they are allowed to structure the bonuses but what is the expected value of Mahomes bonus for the final year of his contract? Lets say the bonus is 10 mil for that final contract year, the expected value has to be at least 15 mil, and maybe 20 mil. It's so rare to have a player you can offer this sort of deal to.
JoshAllenHasBigHands Posted July 6, 2020 Posted July 6, 2020 5 minutes ago, aristocrat said: contracts are insured for career ending injury. Are you talking about from the team's perspective, because insurance doesn't affect the cap implications. 1
Greg S Posted July 6, 2020 Posted July 6, 2020 https://nypost.com/2020/07/06/patrick-mahomes-agrees-to-10-year-contract-extension-with-chiefs/
NoHuddleKelly12 Posted July 6, 2020 Posted July 6, 2020 He will be able to take a shower, or 2 or 3, with all of that money. ---Sincerely, Captain Obvious.
Jobot Posted July 6, 2020 Posted July 6, 2020 52 minutes ago, mushypeaches said: I think this is crazy and somewhat unnecessary for both sides, especially with the current level of uncertainty If both sides have the mentality of winning first, it makes sense. Mahomes gets what, $400-500million..so not too shabby, Chiefs get 10-years to strategically add pieces around the best qb in the game, and will have a bargain during the second half of his contract allowing them to bring in some top free agents. Sure Mahommes could sign two smaller length deals and end up with more cash, but how much money does he really need (don't forget endorsements outside of his paycheck) 3
Back2Buff Posted July 6, 2020 Posted July 6, 2020 29 minutes ago, aristocrat said: contracts are insured for career ending injury. Like someone already said, still will count against the cap and career ending is tough to prove.
FireChans Posted July 6, 2020 Posted July 6, 2020 1 hour ago, RoyBatty is alive said: He WAS. That was before Sports effectively stopped and people stopped wanting to go with 75K of their favorite strangers in a stadium for 4 hours. So how is ESPN doing financially lately? QBs MIGHT be topping $75 million in 10 years or might be getting a fraction of that. This concept that football will never drop in popularity is historically and hopelessly naive. The risk of a 10 year deal is unbelievably risky right now. Lol bro, if things turn out that people aren’t watching football and the NFL isn’t making money 5 years from now, a QB contract is going to be the last worry on an owners’ mind. 46 minutes ago, Mr. WEO said: Wow! Good thing the Bills passed on drafting THAT guy! Think of all the money they just saved!! Now Mahomes has enough money to buy the Sabres and keep the Pegulas afloat. Things always work out. 1 1
Dopey Posted July 6, 2020 Posted July 6, 2020 (edited) 1 hour ago, RoyBatty is alive said: Zero reason, really...more like $300 million reasons why or whatever % of the cap he will get. The endless era of every year NFL players getting more every inexorably could end in a heartbeat. The Sports Networks are financialy strapped right now and probably going to get worse, who in their right mind is going to want to shell out XYZ$ for a fooball ticket with 75K other people with COVID going around. This and the fact the avg. career of an NFL QB is 4.4 yrs. Luckily it was "only" a dislocated knee cap he suffered. Edited July 6, 2020 by Dopey
Billl Posted July 6, 2020 Posted July 6, 2020 10 years, $450,000,000 with $140,000,000 guaranteed. Absolute steal.
Mr. WEO Posted July 6, 2020 Posted July 6, 2020 Chris Simms reporting Mahomes is turning down that deal.
NoHuddleKelly12 Posted July 6, 2020 Posted July 6, 2020 (edited) 22 minutes ago, oldmanfan said: Almost a half billion dollars to play football. If you thought being around pee-wee football league parents whose kids are "definitely going all the way" was bad enough already...? 1 hour ago, Mr. WEO said: Wow! Good thing the Bills passed on drafting THAT guy! Think of all the money they just saved!! Edited July 6, 2020 by NoHuddleKelly12
Mark Vader Posted July 6, 2020 Posted July 6, 2020 1 hour ago, YoloinOhio said: Will Andy Reid be coaching throughout this entire contract too? He would be 74 or 75 when it's up.
WhoTom Posted July 6, 2020 Posted July 6, 2020 (edited) It's from February, but it makes sense today, too: Edited July 6, 2020 by WhoTom
Steve Billieve Posted July 6, 2020 Posted July 6, 2020 1 hour ago, njbuff said: KC is getting a bargain at this point. nothing says under valued like half a billy. 1
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