- Patrick Mahomes signed a 10-year, $450m extension with the Chiefs in 2020
- The Kansas City Chiefs won their third title in five years at Super Bowl LVIII
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After winning his third Super Bowl MVP award on Sunday, Patrick Mahomes stated his willingness to be flexible with regards to pay if it allows his team to keep and draft young talents.
Mahomes starred in the Kansas City Chiefs’ 25-22 overtime win over the San Francisco 49ers in Las Vegas. On Monday’s press conference, the quarterback praised coach Andy Reid and general manager Brett Veach for surrounding him with reliable young players.
‘I’ll try to keep as much flexibility as I can as far as the [salary] cap and stuff like that but it’s a credit to all the people they got around me,’ Mahomes said.
‘It’s a tribute to coach Reid and Brett Veach and continue to bring great players in. I mean if you look at our defense, how young they are, they’re drafting great.’
Sunday’s win made the Chiefs the first back-to-back champions since the New England Patriots in 2003 and 2004. Having won, his third title in red and white, Mahomes continued to praise the front office and the coaching staff’s ability to develop championship-caliber players.
Patrick Mahomes insisted that he’ll try to be flexible with the salary cap after the Super Bowl
Mahomes praised Kansas City Chiefs general manager Brett Veach for drafting ‘great’ players
Mahomes also credited Andy Reid and the coaching staff for developing younger players
‘They’re finding these guys that they can bring in to play and develop,’ Mahomes said. ‘Our coaching staff is developing players. I always speak to our DBs, I mean we have five or six guys who are [in] year one, year two and then you have [L’Jarius] Sneed. I mean we have guys that continue to get better and better.’
Mahomes mentioned wide receiver Rashee Rice who caught for 938 yards and seven touchdowns in his first season. The rookie went on to get 262 receiving yards and a touchdown in the playoffs.
‘All you do is go to work every single day and try to bring guys along,’ Mahomes said. ‘I thought Rashee Rice did a great job this year.
‘Just continue to get better and better, and that’s what great football teams need- guys that keep coming into the culture we have built here. Keep getting better evert single year.’
Mahomes signed a 10-year, $450million extension after winning his first Super Bow in 2020
Lowering Mahomes’ cap hit in 2024 allows the likes of L’Jarius Sneed to re-sign with the Chiefs
Mahomes signed a massive 10-year, $450million extension after winning his first title in 2020. However, he and the Chiefs have been working to reconstruct his deal since.
The contract is meant to be reworked every three or so years depending on his level of play and the Chiefs’ performances. The deal is structured to pay Mahomes an extra $1.25m each year he wins the NFL MVP award and gets Kansas City to the AFC Championship Game.
Sources stated that Mahomes’ cap hit in 2024 is currently at $59.8m, per CBS. However, the cap should be $58.5m, considering he did not win the MVP award and did not receive his bonus.
Nevertheless, the Chiefs are gearing up to lower his cap number in 2024 to allow the likes of Sneed and Chris Jones to re-sign with the team.