Highest paid quarterback full#

He has more than earned it - and with each new quarterback deal that is done, his own situation becomes more glaring. Whether big-picture proclamations or devilish details, a new deal is coming for Mahomes, sooner than later. Now that those days have come and gone, the cash flow can be boosted in the early years of a revised deal. In 2020, Mahomes swapped a high APY and a complicated but lucrative guarantee structure for cash flow in the years that were most likely to be affected by the pandemic.

Highest paid quarterback full#

Also relevant to the analysis will be the full guarantee at signing, and the cash flow in the first three years of the revised deal. The real question will become the value of the contract from the moment it’s signed. Because Mahomes has nine years left on his current contract, a new-money APY in excess of $52 million per year would be obtained simply by tacking three years and a penny more than $156 million on the back end of the existing deal. The details will be interesting, and subject to differing interpretations. While Veach didn’t delve into any specifics, here’s what reasonably should be expected, based on our conversations with folks aware of the dynamics of the situation.Įxpect Mahomes, before the season begins, to once again be the highest-paid player in league history. Brett Veach already has vowed to address the Mahomes deal after more quarterback contracts are completed. Now, with Ravens quarterback Lamar Jackson at $52 million per year, Mahomes has fallen $7 million per year behind the highest-paid player in the sport.Ĭhiefs G.M. When Chiefs quarterback Patrick Mahomes signed his current 12-year contract three years ago, he nudged the bar for the highest average per year (APY) by roughly $10 million, to $45 million annually.