The Kansas City Chiefs have the ninth highest payroll in all of the NFL. Now, what does that have to do with anything? Well, It just shows they aren’t afraid to spend money, and that’s exactly what they have been doing.
Most recently, Justin Reid, Marquez Valdes-Scantling and some others, are the most notable players to sign contracts this offseason. Reid signed a three year, $31.5 million deal. MVS signed a deal similar to Reid’s, with his being three-years, $30 million.
While both of those are great, and very important contracts to the team, neither are considered a top contract in the NFL.
But that doesn’t mean the Chiefs are completely devoid of good deals. According to Pro Football Focus, the Chiefs constructed one of the NFL’s best deals when they gave Patrick Mahomes a 10-year, $503 million extension back in July 2020.
PFF says Mahomes’ contract is top-10 in the NFL
Mahomes is already regarded as one of the leagues best quarterbacks. I mean, he went to an AFC Championship his first year starting, along with a regular season MVP. He won the Chiefs a Super Bowl his second year, along with a Super Bowl MVP. Took the Chiefs to the Super Bowl against the Buccaneers the year after. And, of course, last year nearly did it again with a close AFC Championship loss to the Bengals.
There is not much more Mahomes needs to do. He has already solidified who he is in the league. You know what you’re gonna get from him every year. You also know that you will always have a chance at competing in every game just because he is on the field.
We know about the near half-billion contract the Chiefs gave him a few years ago, as he deserves every penny. We know Chiefs fans love the deal, a contract that still has 10 years left on it starting this season. But what we didn’t know is that it was widely considered a top contract in the league by national media.
According to Pro Football Focus, Mahomes contract is the sixth-best in the league.
Per Spielberger, the only contracts ahead of Mahomes on this PFF list are:
1. T Jordan Mailata, Philadelphia Eagles: four-years, $64 million ($40.85 million total guaranteed)
2. WR Mike Evans, Tampa Bay Buccaneers: five-years, $82.5 Million (two years, $28.5 million in cash remaining)
3. TE Darren Waller, Las Vegas Raiders: four-years, $29,800,004 (two years, $14 million in cash remaining)
4. WR Courtland Sutton, Denver Broncos: Four Years, $60 million (four-years, $54 million in cash remaining)
5. T Rob Havenstein, Los Angeles: Four years, $32.5 million (one-year, $7.25 million in cash remaining)
The Chiefs are a respected organization and you can probably see why. They are very smart when it comes to the financial side of things. This contract for Mahomes may seem like a lot, because it is. But because of the details, and who the player is, it’s a no-brainer.
Chiefs fans will get to cheer on Mahomes for at least another 10 seasons, knowing that the contract was worth every penny, and it wasn’t a bad deal whatsoever.
And since his contract is so flexible, it doesn’t hamper the team from signing other big-time free agents. Or keeping their own guys. Just look at the Reid and MVS signings.
And remember, the Chiefs were willing to pay Tyreek Hill a ton of money. He just wanted an exorbitant amount.
It’s easy to see how Mahomes is helping the Chiefs stay atop the AFC -and the rest of the NFL, to an extent- without even stepping onto a football field.
You can read the rest of Spielberger’s article, here.
Featured image via Kevin Jairaj-USA TODAY Sports