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$41.95 million
- During the summer of 2020, Mahomes signed a 10-year, $450 million contract that made him the highest-paid player in NFL history. Mahomes is set to make an average of $45 million per season as a part of his contract and will have a cap hit of no less than $41.95 million in each season through 2031.
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How much will the Kansas City Chiefs pay Patrick Mahomes in 2023?
In 2024, Mahomes will earn a base salary of $9,850,000, a roster bonus of $7,900,000, a restructure bonus of $27,000,000 and a workout bonus of $1,000,000, while carrying a cap hit of $37,008,269 and a dead cap value of $113,596,314.
2024 Salary Cap Charge: $37,008,269 (14.68% of cap) 2024 Cash Payout: $45,750,000 (17.01% of spending) 2024 Cash to Cap Ratio: 1.24. Contract Value: $450,000,000 ($45,000,000 APY) Fully Guaranteed Money: $63,081,905. Contract Ranking: 9/121 at QB. 2023 OTC Valuation: $36,458,000. Current Contract. (Extension, signed 2020)
Sep 7, 2023 · 2023 Salary Cap Number: $39.293 million. The Chiefs do have the option to reduce that cap number. They can pay the roster bonus as a signing bonus, spreading the cap hit over the next five years (2023-2027). That would prorate to $6.88 million per year and reduce Mahomes’ salary cap number to $20.52 million.
Sep 22, 2023 · Photo by Kyle Rivas/Getty Images. On Monday, we learned that the Kansas City Chiefs had restructured the contract of their superstar quarterback Patrick Mahomes. Reports indicated that the...
- Patrick Mahomes Contract Details
- Patrick Mahomes Career Earnings
- Patrick Mahomes Net Worth
- NFL's Highest-Paid Quarterbacks
Mahomes is in the first year of a 10-year, $450 million contractthat he signed during the 2020 offseason to make him the highest-paid player in NFL history. Mahomes is set to make an average of $45 million per season as a part of his contract and will have a cap hit of at least $41.95 million in each season through 2031. He will be 36 by the time h...
Mahomes may have the NFL's largest contract at this time, but his career earnings are not yet among the league's highest. Mahomes has earned $76,904,472during his career to date. That ranks 76th all time among NFL players, one spot ahead of Broncos safety Kareem Jackson ($76,680,351) and one spot behind Bills guard Rodger Saffold ($77,071,073). Inc...
According to Celebrity Net Worth, Mahomes' net worth is $40 million. This may seem like a low-ball number, but it must be noted that Mahomes is in just the first year of his $45-million-per-year deal, so he hasn't yet seen most of the money that the Chiefs will owe him. Additionally, Mahomes has invested in several sports teams including MLB's Roya...
Mahomes is the NFL's highest-paid quarterback in terms of the total value on his contract. His isn't just the only deal league-wide that exceeds $400 million in total value; it also is the only one to exceed $300 million. Below is a look at the 10 largest quarterback contracts in the NFL, per Spotrac.com: That said, a few quarterbacks have passed M...
Sep 18, 2023 · Mahomes will make an average salary of $52.65 million per year as part of his restructured deal. Mahomes' previous extension was worth $45 million annually, which placed him eighth among all...
