10 year contract extension for Mahomes worth $500 million

Adreme

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Right now Dallas has 11.2 M in cap space plus count Dak at 31.4M.
50M isn't crazy money provided they don't eat it all year.

The team has been conservative with the cap but could slip a lot of money into future seasons to fit 50M under the cap. (Zeke, DLaw, Tyron)
And when they do move the money they'll just carry a large lump sum over anyways to defray future costs.

A team would do the deal to make sure they won the Dak sweepstakes and got the deal they agreed to actually signed.
A team like Chicago that feels they are a QB away from regular playoff contention would be smart o kick tires on that type deal.
Teams have paid a 1 and 3 for far lesser QBs.

I am not saying Dallas could not have the cap space, I am saying that, because Dak would control when you can trade him, he can make it so that you cannot trade him until after FA which means you have cap space sure, but no free agents worth signing.

Then for the other team, when they KNOW you are going to end up cutting the player, which the other 31 teams would know, teams do not trade a 1st for that player. When they know a cut is inevitable you are lucky to get a 2nd or a 3rd which is not worth tanking an entire season over (especially when your first round pick is almost certainly on a QB and likely will involve trading up for said QB).
 

TheMarathonContinues

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I would like that plan if it did not entail relying on the Texans who just paid the 2nd or 3rd best Tackle in his own draft class 20% more than the highest OL contract in the NFL. Forget being the best T, because Tunsil isnt, Tunsil is far from the best T in his class and he got that insane deal. What that means for Watson is that he is also going to get drastically overpaid.
Damn that's a good a point........O'Brien handing out crazy deals over there.......damn. Well I take that statement back then.
 

jterrell

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I love this whole "back pay" argument. When the CBA was agreed to the idea was that the owners would get value in the rookie contracts and their caps wouldn't get blasted until the subsequent contracts. They didn't agree to back pay anybody, that's where the teams are supposed to get value and get rewarded for drafting well.
oy vey...
Drafting smart got them a front line starting QB in round 4.
Dak's play earned him 35M+ a year.

The team could have used a brain and got in front of that bullet but they have the same amount of confusion as you apparently.

In case you need help looking at what smart teams do, The Patriots extended Tom Brady in YEAR 3.
 

Adreme

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The reason for saying that is that the maximum length of spreading out a signing bonus is 5 years. As such after 5 years you basically end up without any dead money which allows for an easy out to the deal (outside of performance incentives). However, if you think they are cutting Mahomes then you must be on something strong.
 

TheMarathonContinues

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Great, anyone down with giving Dak the same deal?

nakedgun.gif

Dak was never getting that type of deal. He wanted a 4 year deal and not at 45 million.
 

gimmesix

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You've got to figure it will be something like that. This QB for life stuff is silly. The contract will be structured so that the Chiefs can bail on it in a few years or restructure it in a way that benefits Mahomes even more as far as guaranteed money goes.
 

Miller

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Dak's price just went up.
They should have signed him already if they truly believe he's "the guy".

Im not sure this is true. Honestly he’s a SB winning QB and depending on the language of the contract it doesn’t look outrageous. Why would a guy with 2 playoff wins decide that he needs more? I like Dak too. Just don’t think this conclusion is automatic
 

fishspill

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I wouldn’t be surprised if Dak’s floor is now $40 million per year.
 

Adreme

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Not even close. Price just dropped.
Patty basically has 12 years at 479. That’s not even 40 million per year. Dak was asking 40, which is crazy. He’s about 40% Mahomes on his best day. He will end up at 34-36 per year.

That is not how the contract works. New money is the only thing people are talking about. The new money is 10 years 450 because that was the extension signed. The rookie deal is irrelevant to every part of that.
 

88sAndHeartbreak

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I seem to recall some people in here arguing me down saying "there will never be a $40+ mil QB". I TOLD YOU.

Daks price just went up.
 

Frosty

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Yeah, I guess that's why they are trying to sign him for 5 years instead of 4.

No way would I sign DAK for 10years.....Dude hasn't won anything outside the NFC East..... P. Mahomes got the Chiefs a Superbowl ring and is a QB that is a Super Bowl MVP...... DAK is a 50/50 QB
 

BigWillie

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I'm not for sure where I'm missing how this drives Dak's price up.

In the case of Mahomes, he gets the largest contract in sports history, but the Chiefs get to lock him up for the next 12 years of his playing career. It's essentially a lifetime contract. Mahomes has provided an MVP and a Super Bowl to a franchise. But even with his value, to get his deal, he had to sacrifice long term and not being able to go back and dip his toes of the FA water again to get there.

Dak is asking for his cake, and to eat it to. He wants a shorter term deal, and still wants elite QB money. He wants that extra cake in 4 years where he can come back, look at the cap and request an even larger number. Mahomes had to settle for elite money on a team friendly contract length. This from the best QB in the league currently.

If anything, to me, it strengthens Dallas position on asking for a longer term deal. Mahomes had to give up extra years to get his number. Dak wants his number AND his contract length. Best QB in the game moved. But Dak cannot?
 

jterrell

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I am not saying Dallas could not have the cap space, I am saying that, because Dak would control when you can trade him, he can make it so that you cannot trade him until after FA which means you have cap space sure, but no free agents worth signing.

Then for the other team, when they KNOW you are going to end up cutting the player, which the other 31 teams would know, teams do not trade a 1st for that player. When they know a cut is inevitable you are lucky to get a 2nd or a 3rd which is not worth tanking an entire season over (especially when your first round pick is almost certainly on a QB and likely will involve trading up for said QB).
When you trade your entrenched starting QB you are starting over not signing FA.
But worse case scenario-wise it's still a better use of resources than waiting a year to get a very late 3.

A pick at 20 now versus a year-wait 3 isn't comparable.

DAL would be in that Cam Newton type late signing area probably.
It'd be a mess but again best of bad options.
 

Adreme

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No way would I sign DAK for 10years.....Dude hasn't won anything outside the NFC East..... P. Mahomes got the Chiefs a Superbowl ring and is a QB that is a Super Bowl MVP...... DAK is a 50/50 QB

The TEAM won a SB. Wins and SBs are a TEAM statistic not a QB statistic. It is the same reason Dallas is still paying Martin even though they missed the playoffs and the same can be said about Tyron or all the other players because despite not having a great season those are still great players.
 

Sydla

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There were people here claiming Mahomes would go the same route as Dak and demand less years to get to FA again and it would put Dallas in a tough spot.

Whoops. Sorry Dak, sign the 5 year deal and move on.
 

TheMarathonContinues

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Not even close. Price just dropped.
Patty basically has 12 years at 479. That’s not even 40 million per year. Dak was asking 40, which is crazy. He’s about 40% Mahomes on his best day. He will end up at 34-36 per year.
Nobody is using the 12 year contract as a gauge. They are using the 10 year which is well over 40 million. Its just like the Wentz deal.....France isn't going to be fooled by the wording of a extension.
 

coult44

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That is not how the contract works. New money is the only thing people are talking about. The new money is 10 years 450 because that was the extension signed. The rookie deal is irrelevant to every part of that.

what “they” say doesn’t matter. He’s now on a 12 year 474 million dollar contract. You can’t change the math.
 
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