[ad_1]
In line with a report, Patrick Mahomes has restructured his contract to provide the Kansas Metropolis Chiefs extra room to work with the wage cap.ESPN’s Adam Schefter reported Friday afternoon the Chiefs are anticipated to transform Mahomes’ $21.7 million roster bonus to a signing bonus within the coming days. Per league sources, the transfer would save Kansas Metropolis $17 million in opposition to the 2021 NFL wage cap, Shefter reported.The information comes in the future after the Chiefs introduced they’ve parted methods with left sort out and former No. 1 general decide Eric Fisher and All-Professional proper sort out Mitchell Schwartz. KC additionally indicated it wasn’t going to resign middle Austin Reiter on Thursday.NFL insiders stated the strikes had been salary-cap associated and the restructuring of Mahomes contract may give KC more cash to spend on free company and assist alongside the offensive line.Final June, Mahomes signed a 10-year, $503 million extension with the Chiefs. On the time, the deal made Mahomes the highest-paid participant not simply in NFL historical past but in addition in sports activities historical past. The transfer is like what Tom Brady did on Friday with the Tampa Bay Buccaneers and what he has achieved previously with the New England Patriots. Brady’s restructures helped the Patriots stay Tremendous Bowl contenders for years due to cash they might spend on free brokers and on different participant contracts.Associated video: Patrick Mahomes will get megadeal, ‘right here to remain’
In line with a report, Patrick Mahomes has restructured his contract to provide the Kansas Metropolis Chiefs extra room to work with the wage cap.
ESPN’s Adam Schefter reported Friday afternoon the Chiefs are anticipated to transform Mahomes’ $21.7 million roster bonus to a signing bonus within the coming days.
Per league sources, the transfer would save Kansas Metropolis $17 million in opposition to the 2021 NFL wage cap, Shefter reported.
The information comes in the future after the Chiefs introduced they’ve parted ways with left sort out and former No. 1 general decide Eric Fisher and All-Professional proper sort out Mitchell Schwartz. KC additionally indicated it wasn’t going to resign middle Austin Reiter on Thursday.
NFL insiders stated the strikes had been salary-cap associated and the restructuring of Mahomes contract may give KC more cash to spend on free company and assist alongside the offensive line.
Final June, Mahomes signed a 10-year, $503 million extension with the Chiefs. On the time, the deal made Mahomes the highest-paid participant not simply in NFL historical past but in addition in sports activities historical past.
The transfer is like what Tom Brady did on Friday with the Tampa Bay Buccaneers and what he has achieved previously with the New England Patriots. Brady’s restructures helped the Patriots stay Tremendous Bowl contenders for years due to cash they might spend on free brokers and on different participant contracts.
Associated video: Patrick Mahomes will get megadeal, ‘right here to remain’
[ad_2]
Source link
