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Old 02-11-2024, 10:25 AM   #146
duncan_idaho duncan_idaho is offline
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Join Date: Apr 2001
Location: Kansas City
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And re: Mahomes restructuring...

Any year KC can avoid a big restructure of his deal is a good one because it gives them future flexibility.

But the current deal is kind of structured in a way that if they start restructuring, they can continue to avoid the painful one-year cap hit by continuing to restructure and push money forward over five years until he hits a season where his base salary is low enough the restructure bonuses are no longer an issue.

The next 4 seasons are the "Big" hits in Mahomes' current deal. KC could easily keep moving big portions of his roster bonus forward every year and pay off the CC in 2028, when his cap hit is currently scheduled to drop below $30M.

If you look at the contract, it's pretty clear they were building in 2028 as an out.

2024 restructure: $35M, pushing $7M in each year to 25, 26, 27, 28
New 24 cap hit: $29m
New 25 cap hit: $68M
2025 Restructure: $35M, pushing $7M in each year to 26, 27, 28, 29
New 25 CAP HIT: $40m
New 26 cap hit: $77M
2026 restructure: $40M, pushing $8M in each year to 27, 28, 29, 30
New 26 cap hit: $42M
New 27 cap hit: $82M
2027 restructure: $40M, pushing $8M in each year to 28, 29, 30, 31
New 27 cap hit: $47M

Restructures in 28 due: $23M
Restrucutres in 29 due: $23M
Restructures in 30 due: $16M
Restructures in 31 due: $8M

And that's the plateau where you probably do his final contract. He'll be 33. You've got some money pushed forward in restructures you still have to pay off.

But you have the flexibility to design the last contact in a similar way, a nice 7-or-8-or-10 year long deal that lets you continue to flexibly push money forward as needed.
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