Both of the QB’s from this past February’s Super Bowl have now both helped their team by reworking their contracts.
Adam Schefter of ESPN reported that the Chiefs are expected to restructure QB Patrick Mahomes‘ contract and convert his $21.7 million roster bonus into a signing bonus.
It is going to result in the Chiefs gaining around $17 million in cap space to use this offseason.
Mahomes signed a 10-year, $450 million contract extension with the Chiefs prior to the 2020 season.
The Chiefs have furiously been trying to fix their cap situation which led to them releasing starting offensive tackles Eric Fisher and Mitchell Schwartz.
Once Mahomes’ restructure is official, the team will no longer be over the cap.
In 2020, Mahomes appeared in 15 games for the Chiefs and completed 66.3 percent of his passes for 4,470 yards, 38 touchdowns and six interceptions.
He led the team to its second-straight Super Bowl, but lost to the Tampa Bay Bucs.WANT MORE FROM TOTALPROSPORTS? FOLLOW US ON GOOGLE NEWS.