Patrick Mahomes historic $0.5B deal
Chiefs lock up Patrick Mahomes through 2031 with massive extension
I've been a Chiefs fan since 2016, when I saw Tyreek Hill pull off a 95 yard punt return touchdown (and he continued to pull off 70+ yard punt return touchdowns more than I can count). During the 2020 playoffs, I can't tell how many times I thought the Chiefs were gonna lose. But Mahomes and the Chiefs always pulled it off, crunching 2~4 touchdowns in a single quarter multiple games. Made me a true believer in Mahomes magic.
I'm glad that the Chiefs locked up Mahomes with this contract. They're pretty much paying him $45Mil/year for 10 years + other benefits that makes the deal worth a whopping half a billion dollars.
But questions remain: Is he really worth that much? Is he actually gonna stay with the Chiefs for 10 years? Can Mahomes continue to have his magic touch? Idk enough about the inner workings of NFL to answer those questions. Would love to hear some thoughts.
That is some serious money. Still, Patrick Mahomes is a serious quarterback.
He threw for over 5,000 his first full year and won the MVP award. The year after? He won the Super Bowl. He is an absurd athlete and is crazy young. He was born in 1995 - I remember 1995. Not only that, but he's quickly becoming a "face of the NFL" level star on top of his athletic abilities and team accomplishments.
With how the modern NFL protects quarterbacks, the Chiefs were damn smart to lock that man down for a decade.
He deserves every penny, but there are other players on the chiefs that are going to demand new contracts. There isn’t enough cap space for everyone, so it will be interesting to see how this plays out. Either they are one and done or they can build a dynasty like the Patriots by cultivating cheap talent.
pat mahomes' contract will get the owners to raise the salary cap
i don't even think this take is particularly hot
It is crazy how well he fits the mold of being the face of the NFL. He is a fun-to-watch gunslinger QB, does State Farm commercials, half black, half white, gay brother, open Christian, who supports BLM. It's as if he was created by a focus group.
Frankly I wonder how close he is going to get to a billion, or if it is really just a matter of when. Between interest, investments, and all of his current and future endorsements - why not?
MVP and Super Bowl Champ in his first three years plus all of the marketability you mentioned? Mahomes could be Adidas' answer to Air Jordan in the US.
i feel like i've remarked at least once to my friends that he was grown in a lab
It's crazy that the dude's only a year older than I am
I think my favorite stat about this contract is that in 12 years when the contract finally expires, Bobby Bonilla will STILL be getting paid by the Mets.
This is mine:
It's a great example of a scenario where the valuation just doesn't matter - It's a 1 of 1 type issue. You can't write a check to replace him if you wanted to. Jerry Jones would have already if he could. It's everything you could ask for - generation player who's proven successful (MVP and superbowl), great head coach, great talent around him, two more years with no cap issues to invest in talent around Mahomes - you do this every time. Every. Single. Time.
you obviously pay the man, it's the amount that can be squabbled over given the hard cap
My question is what's the proper amount then, if this is too rich (seems you are implying that)?
You know its a gamechanging contract when it is totally reasonable to use the "B" instead of "MM".
Fugiat ut voluptatem aliquid sit labore. Voluptatem laboriosam in vitae eligendi itaque ut ad. Vitae maiores inventore repudiandae aliquam enim sunt.
Id rerum non quae adipisci perspiciatis consectetur. Vel sint iste sit sit voluptatem quis sunt et.
Sequi incidunt atque fuga sunt quo unde. Voluptates reiciendis explicabo vel repellat blanditiis veniam dolor. Laborum eius id reprehenderit voluptas autem et. Aliquam explicabo fugit necessitatibus sit eum architecto et. Aut magni deleniti ab eum enim. Autem impedit molestias laborum inventore aut possimus quibusdam autem. Corrupti impedit animi debitis occaecati.
Assumenda assumenda et alias voluptates alias illum reprehenderit. Id laborum sit in et minima suscipit exercitationem numquam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...