The Chiefs canenjoy the relatively low-cost version of Patrick Mahomes for another game or two. The price of poker will soon be jumping exponentially for the .
Kansas City owner Clark Hunt and general manager Brett Veach would love their franchise quarterback to play next season for just the $2.7 million in the fourth year of his rookie deal. There's no way that's happening.
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Trust me as a former GMwho negotiated several major contracts with Mahomes Scott Schebler Jersey agent, Leigh Steinberg. Along with his partner Chris Cabott, Steinberg knows well that with a $200 million-plus contract on the horizon, they can't allow Mahomes to risk a career-altering injury before he takes the field next season. And theres no doubt Mahomes is deserving of the top spot on the NFL salary scale.
With Mahomes coming off a succe sful second season, theres already plenty of speculation on how big a leap hewill take over the current highest-paid player in the league. Seahawks QB Ru sell Wilsonis signed for four more years at $35 million per year in new money, and including this year, his compensation is $157 million over five years ($31.4 million per year).
Following Kansas Citys regular-season finale, Mahomes became eligible to sign an extension. Mahomes camp will want negotiations to begin in earnest immediately after their Super Bowl celebration, and Veach will have to comply.
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Anatomy of the Chiefs' Super Bowl comebackThe Chiefs are likely toquickly exercise the fifth-year option on Mahomes as a 2017 first-round pick (they have between the last regular-season game this season and May 3, 2020 to do so). That will lock Mahomes in at his scheduled $2.7 million in 2020, and for 2021, as a top-10 pick in his draft cla s,he would be at the transition tag amount the average salary of the top 10 quarterbacks in 2020 (estimated at $ Reggie Sanders Jersey 24 million).
A five-year, $200 million extension would enable Mahomesto reach the coveted $40 million per year levelin new money. But with the two years remaining on his contract factored in, his total cash under such a deal would be approximately $226.7 million over seven years ($32.38 million per year).
That would put him in the top spot over Wilson, but I dont think its enough of a jumpto satisfy Steinberg, who has often represented the NFLs highest-paid player going back to Hall of Fame Devin Mesoraco Jersey quarterbacks Warren Moon and Troy Aikman.
The referenced media source is mi sing and needs to be re-embedded.Steinberg will rightfully tell the Chiefsthey would be wise not to drag things out until after new TV contracts and a CBA extension are likely signed sometime next year or in early 2021. That could only further complicate matters. He'll also push to get a deal done before the next offseason program begins in April, as Mahomes will not want to risk injury by participating in anything other than the mandatory minicamp (if he would even do that with so much at stake).
I think Mahomes will be shooting for a five-year extension that totals $220 million in new money, an NBA-like $44 million per year. And I think he'll hit thatnumber or come very close, perhaps with a few incentives forbeing a Pro Bowler or MVP and the team being in the playoffs or Super Bowl.
Think those numbers sound absurd? The reality is thatsuch a deal would really amount to approximately $247 million over his seven years under contract, or $35.28 million per year. That would put him 12 percentover Wilsons deal on a per-year average, which is not outrageous, and it would give him a cushion for when the next wave of prolific QBshits the pay window.
And the Chiefs cant expect aTom Brady-like discount. That mightcome down the road, when Mahomeshas even more endorsements than already are in place. But with this contract, he wants to get paid max dollars.
I Derek Dietrich Jersey always feltthe easiest deals to negotiate were with our best players. The market is well defined at the top, and its expected that the next superstar contract will lead the pack. There will be plenty of discu sion on guarantees, and again, Mahomes will leapfrog current leader Jared Goff with his $110 million guarantee. Im thinking it will wind up in the neighborhood of $165 million on Mahomes guaranteed money, which is similar percentage-wise to the Wilson and Goff deals.
The Chiefs can structure the contract to make the cap hit reasonable at least for next year and probably for 2021, too, if they need the cap room.
As an example, with a signing bonus of $70 million that would be partially deferred (topping Wilsons $65 million and Aaron Rodgers $57.5 million signing bonuses) and a 2020 combination of base salary and roster bonus of $5 million, Mahomes cap number would be a very manageable $15 million next season. (The $70 million signing bonus would pro-rate to $10 million per year over his seven years under contract.)As the new TV money hits Raisel Iglesias Jersey in future years and the salary cap correspondingly rises, so too would Mahomes cap number.
NFL MOCK DRAFT 2020:
As he ponders his future, Mahomes will want to stay in Kansas City with a top offensive-mindedcoach in Andy Reid, who at 61should remain in his position for many more years. Mahomes surely appreciates that Reid was such a strong believer in his ability and leadership skills that he was willing to trade starter Alex Smith after a playoff season in 2017. Reid has designed a prolific offense that takes advantage of his QBs immense talent, great instincts, fearle sne s and terrific ability to improvise when things break down along with delivering in the clutch. Those are all traits of a Hall of Fame-caliber QB.
Contract negotiations are about leverage, and you cant get much more of an edge than Mahomes has already Yasiel Puig Jersey with a Super Bowl and a pair of MVP awards under his belt at 24.
When Mahomes and his agents put the squeeze on the Chiefs immediately, Hunt and Veach will have little choice but to make a record-setting new deal happen in short order.
is a former president of the Titans and former vice president/general manager of the Vikings. He was selected NFL Executive of the Year in 1998. Diamond is currently a busine s and sports consultant who also does broadcast and online media work. He makes speaking appearances to corporate/civic groups and college cla ses on negotiation and sports busine s/sports management. He is the former chairman and CEO of The Ingram Group. Follow Jeff on Twitter: @jeffdiamondNFL.
