xen

Oops this just came through on my phone.

Fescoe saying this am it's 50/50 on if they get a deal done. Negotiations continuing today. Rapoport just put this out.

Deal coming?

QB Shea Patterson released. We usually take 4 QBs to camp so we are there. Probably says more about stashing Tamu on the PS, and hedging our bets for another SB run. Moore signed on the vet minimum exception.

Isn't that the current KU quarterback?

Plus, and I know Hands will never admit this, but Patrick Mahomes is a better QB than Lamar Jackson- overall - One can only assume that he deeply regrets his team drafting LJ8 since he's getting worse every day.

Not a ton of cap savings with Hitch until after 2021 season. Unless the cap tanks next year, I would look to see a cut until then.

Depends on if we pay jones and/or how bad the reduction on the overall cap is next year.

KC is the perfect place for a guy like Sammy. Andy doesn't care if he's weird and let's him be himself. He's injury prone but we have the horses to weather some missed games. He still gets paid good money for the 3rd option and doesn't have to be the man, yet he still is a key cog that prevents other teams from just concentrating on Hill and Kelce. He likes the area and the team. Sounds like he's got his priorities straight. Sammy is awesome. Glad he stuck around.

Sounds horrible!

Care to elaborate. I'm not really up on my boy scout history.

Inside Patrick Mahomes’ contract negotiations — the two things he wanted from the Chiefs in a new deal 7 Mahomes desired financial security for generations to come while ensuring that Kansas City stayed competitive. The Chiefs believe they accomplished both. By Pete Sweeney Jul 7, 2020, 5:44pm CDT Share this story Share this on Facebook (opens in new window) Share this on Twitter (opens in new window) SHAREAll sharing options In March of 2019 — 16 months from the date of this writing, MLB outfielder Mike Trout signed a 12-year, $430 million contract extension with the Los Angeles Angels. Chiefs director of football administration Brandt Tillis, who had heard the news, dropped by general manager Brett Veach’s office. He had something to share regarding the then-reigning AP NFL MVP — their quarterback, Patrick Mahomes. “‘Pat’s going to be a baseball contract,’” Veach recalled Tillis saying. “‘Pat’s going to be a baseball contract,’” Veach recalled Tillis saying. “‘That’s how good this kid’s going to be, and we need to start thinking like this.’” The Chiefs were already framing their baseball contract before Mahomes won the Super Bowl. And the figure for that contract only went up and up and up — with a Pro Bowl MVP, a Super Bowl MVP and the first championship in 50 seasons for the Chiefs franchise. It was that advanced planning that allowed the Chiefs to create what could be considered the most creative contract in the history of the National Football league or American sports entirely — one that see Mahomes sign the country’s richest deal while also allowing the franchise wiggle room to stay competitive. During Tuesday’s Zoom press conference with the Kansas City media, head coach Andy Reid and Veach credited Mahomes for his progressive maturity. Jay Biggerstaff-USA TODAY Sports “I’m not going to sit here and lie and say that having a great football team around me doesn’t help me when I’m on the field,” said Mahomes. “I’m not going to sit here and lie and say that having a great football team around me doesn’t help me when I’m on the field,” said Mahomes, “And so I wanted to find the best way that I could do that, and I feel like as we talked... they came to me with this idea and this concept of obviously making me financially secure but having the ability to go out and re-sign all these guys — like we’re returning 20 of 22 starters. I knew that this was going to be the right way to do it, where we can accomplish both of those things that are so important to me.” Mahomes provided his representatives, Leigh Steinberg and Chris Cabbott, with two directives: in a new contract, he wanted financial security for years to come — and he wanted to win. Veach said Mahomes’ foresight allowed the Chiefs to sign free agents like safety Tyrann Mathieu and extend successful draft picks like wide receiver Tyreek Hill. “I joked with Chris (Cabbott),” explained Veach. “I said, ‘It’s almost impossible to do the biggest contract in sports history and have a player look unselfish,’ but somehow Pat is able to do this in a unique way where he’s the highest-paid player in the game and will be for a long time, yet does so in a way to allow us to reward his teammates along the way. “It’s very unique, and I don’t think the city should take that for granted — I know they won’t.” Brian Spurlock-USA TODAY Sports The Chiefs and Mahomes’ representation came to an agreement on the contract on July 4 — Mahomes said he heard of the news via a call from Cabbott before taking in some fireworks with his family. How’s that for a picture? Mahomes looking at fireworks up in the sky, knowing that in two days he would sign his name on a piece of paper that would make him the highest-paid player in professional sports? The fireworks served as the culmination. The discussions to make it happen took longer than a year. It helped that Veach had a long-standing relationship with Cabbott, dating back to before Mahomes became a Kansas City Chief. Veach and Cabott texted frequently leading up to the 2017 NFL Draft, when Kansas City would trade with Buffalo to go get their quarterback of the future. Veach noted negotiations with this much money on the line can often turn quite contentious. But that never happened between these two camps. “There was never a sense of ‘We need to win this,’ or ‘We have to win this.’ This was, ‘How can we get this done?’” Veach said. “And that goes back to Pat because ultimately Chris (Cabbott) and Leigh (Steinberg) work for Pat, and Pat has to have this long-term vision on what he wants his legacy to be.” “He was very conscious about the situation of being able to keep players,” said Reid, who after 20 years in the league, knows how these things can go. “That was in the dialogue there, and he made it known to us that however we can work that out, we can do it.” Mahomes wanted to be fairly compensated, but the team-first approach was emphasized throughout. Matthew Emmons-USA TODAY Sports “It’s never been about money to me,” Mahomes said. “It’s awesome and it’s an exciting time for me, but at the same time, I’ve always been about being the best person, the best player that I can be. This is another step in the journey that’s just beginning. I’m just excited that I have this done, and I have that security where I can be the same player that I was and that same person that I was the day I stepped in this league.” As he does for every major decision, the quarterback turned to the family brain trust — his father, Pat Sr., and his godfather, LaTroy Hawkins — both of whom are former professional baseball players. They advised young Mahomes that he could not build the legacy he is seeking alone. “You want to have great players around you,” Mahomes said of their counsel. “You don’t want to be a guy that takes up all the money, and then all of a sudden, you’re having to find different guys that can take cheaper deals. Those guys need to be rewarded as well. It’s not about one person, and I truly believe that. I know the situation that I was brought into and how could a situation it was where I got to sit a year behind a great quarterback, who taught me a lot (Alex Smith), then I got to play with a lot of great players the moment I stepped on the football field. And so I understand that I have a bigger perspective, I guess you would say, of how to go out there and obviously get the security that I want, but at the same time, reward the guys that have helped me be the person that I am and the player that I am. “I feel like with the contract and how it was done, I feel like I got both of those things — we’re going to be able to reward players and keep a lot of these guys around that have built a culture even before I was here, and at the same time, I have the security that I know my future generations will be able to have.” On the Chiefs side of the negotiations, Tillis worked closely with Chris Shea, the football operations counsel and personnel executive who joined the Chiefs in 2017 to work specifically on the salary cap. Tillis and Shea ran ideas by Veach and Cabbott, who offered some ideas of his own. When there was a snag with the contract, owner Clark Hunt intervened — so much so that Veach joked Hunt may want to give cap management a try if being an owner does not work out. Denny Medley-USA TODAY Sports During the beginning of the COVID-19 pandemic, with no sports to watch, many sports fanatics — Mahomes included — turned their attention to ESPN’s “The Last Dance.” The 10-part series documented the sixth and final season of Michael Jordan and the Chicago Bulls’ six-title dynasty. Watching Jordan and how he went about things resonated with Mahomes. He had always prioritized his legacy, but seeing the ideas of the greatest basketball player of all time affirmed his thinking. “I’ve always believed in those things, about the legacy, about going out there and being the best player and having the best teammates around me,” said Mahomes. “And it’s not about one person; it’s about the team. I think that’s the biggest thing. I think you see that with our whole entire team, is you see we have a lot of these guys coming back that want to be a part of this, that want to be a part of this culture, that want to be a part of trying to build a dynasty because those things aren’t easy to do, and we understand that, so it’s going to take a lot of hard work and a lot of dedication, and I feel like we have that with a lot of guys we have in this locker room.” And now with the contract on the books, Veach can move onto the next task — surrounding Mahomes with as much talent as possible under the cap. Believe it or not, sometimes general managers can sound like fans at a tailgate. “I know as well as anybody that if Pat Mahomes is healthy and there is talent around him, it’s unstoppable,” Veach said frankly. And then the 62-year-old head coach with no plans of retiring perfectly summed up the day. “Very seldom do you come out of a deal and go, you know what? It’s a win-win,” Reid added. “It’s a win for the player, it’s also a win for the team, the organization, and so I’m one happy guy — I put on my best Tommy Bahama for all of you, today, just to celebrate this. Man, this is a big day, and it’s an awesome thing.”

Yeah I been thinking maybe a shorter deal is in the cards for jones.

Thanks for posting that. Good interview.

https://www.radio.com/610sports/listen?t=1594149139&utm_source=All&utm_campaign=rewind&utm_medium=marketing&_branch_match_id=794556906783222082

Ok now we're just arguing semantics at this point. The fact is Jones is not under contract. Like at all. The fact that his former employer has a collectively bargained option to keep him from signing elsewhere doesn't mean that he's under contract. I was reacting to your original post. In particular the part below is inaccurate which is what i was referring to. Nowhere in Jones's contract does it contain language about tags as that'd part of the CBA, not individual contracts. So no. Jones did not sign anything that enables the tag, his union did. Btw they didn't tag him under the CBA in effect at the time his rookie contract was signed so technically not even that part is true... And yes I know this is all just semantics, which is why i started this post off with 'we're just arguing semantics'. Let's quote it again: "He has signed a contract that enables his employer to retain his services for 2 more years with certain increase in his pay."

The option to tag jones has nothing to do with the deal he signed as a rookie. It is allowed under the CBA his union negotiated, of course, but jones has not signed anything.

https://www.si.com/nfl/2020/07/06/patrick-mahomes-extension-gigantic-hilarious-american Patrick Mahomes's 10-Year Extension is Gigantic, Hilarious, American and Great Mahomes is not likely to actually play out the whole contract extension he signed Monday. So enjoy the numbers and bask in the joyful absurdity of the moment. CONOR ORR 19 HOURS AGO We’re going to hear a lot of moaning and groaning from very serious online people in the coming days about how Super Bowl MVP Patrick Mahomes’s historic 10-year, up-to-$503 million contract extension should have been tied to the salary cap or somehow anchored to the performance of DOW futures. And that this deal was irresponsible, and doesn’t move the needle, and actually needed to be structured in a way that hammered the Chiefs at every conceivable turn in order to maximize Mahomes’s historical leverage. Steve Mitchell-USA TODAY Sports We’ll respond with two bullet points: 1. There is no chance Mahomes actually plays out the additional 10 years on his deal, so none of this really matters anyway. The extension reportedly includes $477 million in guarantee mechanisms, a phrase we are all excited to learn more about, but announcing the terms of the Mahomes deal is like telling customers at Olive Garden that the soup, salad and breadsticks are unlimited. We all know there is a mountainous level of legalese (never mind the constraints of the human stomach) that would put an end to this whole charade before we ever sniff the outer reaches of limited. If someone is able to dig this column up from our massive internet trash heap in a decade and I’m proven wrong, I’ll grill and eat the laptop I used to type this sentence. 2. Who cares if it’s stupid?! Gigantic, absurdly-long contracts are hilarious and irresponsible and perfectly American. And in this godforsaken time, we need all of the plain old silliness we can get. As a reminder, the last quarterback to sign a deal of this magnitude was … Daunte Culpepper. That was back in May 2003. He was in Oakland by 2007. He retired a Sacramento Mountain Lion by 2013. History serves as a reminder for us not to take anything that seriously. We love ridiculous, 10-year contract extensions because of their ultimate hollowness and faux-epicness. It’s akin to tattooing the name of your high school sweetheart on your forearm or eloping with that (generationally talented) lounge singer you met on the cruise ship because if you waited a minute longer the world wouldn’t know how much you really cared. Have you ever looked back on an old draft telecast or episode of Hard Knocks and watched as these football people project the future of the NFL with the confidence of a professor who has a doctorate in an extremely niche field that has somehow become relevant? This is a league that is not even certain how it's going to conduct training camp. This is a sport that stylistically changes in significant ways once every half decade. This is a society that cannot even fathom what is coming down the pike tomorrow. But yes, take comfort that Mahomes will most certainly be in Missouri a decade from now. The uber-contract is a wonderful middle finger to the ridiculous level of efficiency with which agents and teams have learned to tango. Most contracts are so yawn-inducingly easy to predict, with everyone fighting over the shavings of a dime as it relates to injury guarantees in a season that we cannot even say with any degree of certainty will exist. And then comes a player that gets a team and a fan base so ridiculously excited that they blow the whole thing up for the hell of it. Then, the delicate tango in which all of the agents and teams began to operate this offseason is for naught. Have fun Cowboys and Dak Prescott; the ceiling has changed. So, here’s to Mahomes and the Chiefs. There is nothing quite like a honeymoon of this magnitude. We appreciate the passion and the chaos. But let’s all try and take it one day at a time.

https://overthecap.com/thoughts-on-mahomes-450-million-contract/ \ OVER THE CAP NFL SALARY CAP, PLAYER CONTRACTS, SALARIES, BONUSES AND ANALYSIS Thoughts on Mahomes $450 Million Contract Posted on July 7, 2020 by Jason Fitzgerald So the numbers are in on Patrick Mahomes monster $450 million contract extension thanks to NFL Network’s Tom Pelissero. My initial thought on the contract is that it’s a very good deal for the Chiefs. First of all the length of the contract is 10 new years, tying Mahomes to the Chiefs for 12 years. This length of contract is something that hasn’t been done in basically 20 years mainly because players would prefer multiple bites at contracts. For example if Mahomes had signed a contract that ran for five years at $38 million and followed the career path of Aaron Rodgers he likely would have earned nearly $47M per year over the course of the contract rather than $45 million a year. This contract is essentially two contracts in one. The first five years of the contract will average under $40 million per year ($39.55 million to be exact) which is essentially in line with the current market which has Russell Wilson at $35 million a year as the top player. The next five years of the contract average $50.45 million and kick off with a year in which Mahomes will earn $59.95 million in cash and cap. This is one of the stronger aspects of the contract for Mahomes because it gives him the chance to basically get restructured or find his way to free agency due to the high cap charge. The cash flows up front are light given the magnitude of the contract. I had speculated that if he took a four year contract that Mahomes would earn $80M by the first new year of the contract, $100M by year 2 and $120 million by year 3. Instead his contract will not surpass Wilson in most of the key points. Here are the running cash flows of the top compensated QBs in the NFL. Player Year 0 Year 1 Year 2 Year 3 Year 4 Patrick Mahomes $6,000,000 $35,450,000 $75,900,000 $113,850,000 $155,800,000 Russell Wilson $53,000,000 $71,000,000 $90,000,000 $114,000,000 $140,000,000 Jared Goff $30,000,000 $57,500,000 $83,000,000 $108,000,000 $134,000,064 Aaron Rodgers $39,900,000 $61,000,000 $83,000,000 $108,500,000 $134,000,000 Carson Wentz $29,600,000 $55,000,000 $77,001,000 $102,001,000 $128,001,000 Matt Ryan $33,250,000 $54,750,000 $75,250,000 $98,250,000 $122,000,000 Ryan Tannehill $0 $37,500,000 $62,000,000 $91,000,000 $118,000,000 Mahomes only received a $6.0 million raise over the terms of his existing contract which my be Covid related and/or have to do with the Chiefs cap situation. His cap numbers the next two years are virtually unchanged. The first year new money is dramatically lower than other players in similar situations while he will trail Jared Goff through two years. By the third year he matches Wilson before taking the big turn ahead in the fourth year of the contract. The contract itself has $140 million guaranteed for injury which is a decent guarantee. While it is very low relative to the size of the contract it does represent 70% of the five year value which is in line with the guarantees for most of the others. Mahomes makes up for it with some type of rolling guarantees that kick in at various points of the contract. At the time of writing this I don’t have the particulars but Jason Cole indicated that by March of 2023 $183M in guarantees will have been earned. Based on the cash flow of the contract that means in 2023 the Chiefs will guarantee his 2024 salary and his 2025 $38.9M roster bonus. So for all intents and purposes Mahomes has the first six seasons of the contract guaranteed for about $185 million which is certainly a good thing. Im not sure what the triggers are for the remaining guarantees but they would likely be somewhat important. If for some bizarre reason the market were to crash having an early vesting guarantee would be important. If Mahomes continues to be awesome it doesn’t make a different because he isn’t going to be cut. Tom Brady had similar contract mechanisms in one of his old contracts where his contract would become guaranteed for the next year if on the roster in the final week of a season so perhaps these will be somewhat similar throughout most of the contract other than the 2027 season. If they are just 1st day of the league year guarantees they are basically functionally the same as having a roster bonus and much ado bout nothing. EDIT: Since writing the guarantee structure was reported on and it is very strong for Mahomes. Basically with the exception of the final year of the contract any release of Mahomes would require payment of his entire next years salary. For the most part he is likely virtually guaranteed to earn all but the paragraph 5 of the 2031 season. For the Chiefs there is no out unless they can convince him to agree to a trade. A lot is being made of the roster bonuses in the contract which total more than $337 million but that seems to be something that the Chiefs are leaning toward doing. They did the same with Tyreek Hill last season and it gives teams flexibility to convert salary if needed for cap relief while also giving players assurances early on. So this may be a Kansas City thing moving forward. The Chiefs did get their usual workout bonuses in the contract and there are no per game bonuses which is good for Mahomes since the Chiefs often use them. As I mentioned above look for 2027 which has a near $60M cap charge to be the prime decision year. This is a classic mechanism used by an agent to try to force the issue in some manner on a player. It can open the door to many possibilities for the player, none of which are negative. Another $25 million in incentives are tied to appearing in the Super Bowl and winning the MVP. These start in 2022 and will not be easy to earn. The $503 million number being thrown around is the sum of the $450 million in new money, $27 million in old money and $25 million in incentives. Though the numbers are eye popping my guess is around the league teams will be very receptive of this contract. While contracts have turned to shorter terms this contract runs 10 additional years. That gives a team like the Cowboys a stronger argument for asking Dak Prescott for five years. The just under $40 million per year five year total is right around what most franchises would have expected for Mahomes while the cash flow breakdown is much more team friendly than anyone could have anticipated. . I would expect the $39.5M/5 figure to be a major block on QB salaries moving forward much in the way Aaron Rodgers blocked the market for years with his 2013 extension and the team friendly cash flows could impact offers during the covid timeframe. Most will probably be neutral on the guarantee structure though I think some teams would be more than happy to guarantee five years if it means 10 years of cost certainty The question as to whether or not this is a good contract for Mahomes will likely boil down to what you would expect the market to do in five years as well as health. From an injury perspective Mahomes is protected like nobody in history. Though those type of injuries are rare they can certainly happen and he is covered for that. As for the market he is probably undercutting himself. A five year extension would have run 7 years from now. Here are a few notable contracts signed at the turn of the last decade and where top market players were just 7 years later. Player APY High APY +7 Change % Increase Eli Manning (2009) $16,250,000 $22,500,000 $6,250,000 38.5% Tom Brady (2010) $18,000,000 $24,594,000 $6,594,000 36.6% Drew Brees (2012) $20,000,000 $33,500,000 $13,500,000 67.5% Aaron Rodgers (2013) $22,500,000 $35,000,000 $12,500,000 55.6% In every scenario the expected growth would average more than he will earn in the base value of this contract. In general QB salaries are not slowing down- Matt Ryan was the highest paid player at $30M in 2018 and that jumped $5 million in just a year. All eyes now will be on Deshaun Watson and Lamar Jackson if Jackson duplicates his MVP season. The Texans likely already shot themselves in the foot with the Tunsil extension when it comes to Watson. If I were the Texans or the Ravens next year I would look at these up front numbers and try to jump on a contract that runs along that Wilson deal in return for added years. If those teams can convince those players to do something like this these long contracts might become the norm again in the NFL. If they don’t then this will just be a one off outlier contract that will have some saying Mahomes is a even more of a bargain 5 or 6 years from now. This entry was posted in Uncategorized. Bookmark the permalink. POST NAVIGATION ← Patrick Mahomes Signs 10 Year Contract Extension Copyright ©2020 Over The Cap Terms and Conditions | Privacy Policy | Advertise With OTC This website is not affiliated with the NFL, NFLPA, or any individual NFL franchise.

They haven't taken them to the court of public opinion, which is where the skins are. Just wait. It'll be your turn soon enough.

Uhhh Jones is not under contract. That's why he got tagged. He has not signed the tag so there is no contract at all right now.

Meh sounds about right.

I doubt it too.