Chiefs owner: Looking for “right time” to extend Patrick Mahomes

Getty Images

The Chiefs are clear that they want to keep Patrick Mahomes, as they should be.

When they pay their quarterback remains to be seen.

Via Adam Teicher of ESPN.com, Chiefs owner Clark Hunt said Tuesday an extension which would obviously make Mahomes the highest-paid player in the league might not happen this offseason.

There will be a right time sometime in the next 12 to 15 months to extend Patrick, and when I say right time, I mean right time for both the player and the club,” Hunt said. “I don’t want to say necessarily it has to be this offseason, but I will say that it’s a priority to get him done.

“I hope Patrick is here for his entire career, and that’s going to be our goal.”

Mahomes is eligible for an extension now, as drafted players can sign new deals at the end of their third regular season. He’s still under contract for 2020, and the Chiefs will have an option for 2021 that they’d certainly pick up.

But Hunt’s remarks at least suggest he’s not in a hurry to do the mega-deal now, which means the period of negotiating in the media is officially open.

68 responses to “Chiefs owner: Looking for “right time” to extend Patrick Mahomes

  1. The Super Bowl will reveal a lot. Personally I think he should have been renewed before this season (is that even possible with the CBA?) His price is only likely to continue to rise.

  2. Right time equates to best deal for management. Can’t blame them. I hope Mahomes and Hunt, et al can come to a realistic agreement that doesn’t follow the paths Rodgers and Wilson took – to get every dollar possible and leave the team hamstrung for paying other good players.

  3. Wait??? Hmm…no ..pay him now for a 5 yr 200 mil….or wait until next year and pay him 250-275 million…dont be stupid hunt pay him now

  4. Another possible outcome by postponing a new deal is that the Chiefs go deep into the playoffs again next year, and then Mahomes doesn’t sign.

    He won’t say that it’s a “respect thing”, but everyone will know that it is.

    And Hunt will be forced to tag, then tag again, and again if they keep making the playoffs, and then lose Mahomes after breaking the bank.

  5. Will be interesting to see if Mahomes is as successful without the incredible talent he’s surrounded with on offense today. Granted it seems like Reid has a keen eye for offensive talent that works in his system, so he should be able to find some more studs in future drafts. But that’s why I think anointing someone the greatest ever when he’s still on his rookie deal is a bit hyperbolic. You have to sustain it with different players around you first.

  6. They need to pay him now. First Super Bowl in 50 years and new labor agreement on the horizon. Don’t be Dallas and wait. Mahomes will hold out and the cost is going to keep going up. Do you really want to pay 50+ Million a year?

  7. Ha now the Chiefs have to pay up for Mahomes. Lots less for everyone else after they pay him. Lets see how good they are then.

  8. Let them wait. Maybe the CBA will have more regular season games, giving Mahomes leverage to demand more money than the current highest paid QB because those contracts were based on 16 regular season games. Not saying Mahomes doesn’t deserve it. He definitely does. Look at how he’s played the last two years. I mean he missed a few games this year and still finished top 10 in yards and TDs.

  9. Oh and Tyreek Hill will want his soon also, they better win the Superbowl Sunday or they may be closing the door on that possibility when they break the bank on Mahomes…

  10. It is actually cheaper to franchise tag him in the short term than to pay him the most money. Giving him a big contract will likely slam the door shut on improvements the team can make to other parts of the roster. It is similar to what happened to Baltimore after they won their last Super Bowl. They had to dump players left and right after they made Joe Flecko a rich man. The team then started a slow descent to the bottom. It also happened to Seattle and Denver. The only team that avoided this trend is New England, but they too had to let some good players go to stay within the salary cap.

  11. Problem is you probably gotta pay him before the new CBA
    dmca12 says:
    January 28, 2020 at 2:17 pm
    Keep him on the cheap as long as you can. Once you pay the man at QB, the rest becomes a lot tougher.

  12. Just an FYI, any extension now will also include the rookie salary over time. So it all depends on the payments being made. He still has 2 more years after this on the rookie deal and then 2 to 3 potential franchise tags.

  13. LOL!

    Good luck with that. The market is now settled, but it’s not settling enough for you to get something less than 30 mil per, which will be a killer. If the Chiefs win it all and Mahomes is MVP, KC will never get back to the SB in the near future.

    Book it.

    Mahomes will have all the power to control the price. They should have dangled something out there last year, but they were busy covering up Hill’s crimes and then bizarrely trading for a pricey Frank Clark instead. The Cap Demon comes hard and comes often in these cases.

  14. The longer you wait, the more expensive he becomes. By waiting, you’re allowing another QB to set the market. If, say, Dak Prescott, gets $27M/ year, then Mahomes will argue he’s worth $40M. The 9-5 person might not like it but that’s how it works.

  15. You just never know what will happen after that big contract. It has a huge domino effect on the cap situation. The Rams is an object lesson. You just better to win it in that small window when he’s on the cheap. Regardless what happens, he’s a generational talent and will be the face of the league.

  16. bleedingfacemask says:
    January 28, 2020 at 2:28 pm
    Another possible outcome by postponing a new deal is that the Chiefs go deep into the playoffs again next year, and then Mahomes doesn’t sign.

    He won’t say that it’s a “respect thing”, but everyone will know that it is.

    And Hunt will be forced to tag, then tag again, and again if they keep making the playoffs, and then lose Mahomes after breaking the bank.

    4 1 Rate This

    ———————–

    Either way, they are screwed. Remember when BB paid Gronk in advance of when he was really due? Yep.

    It seemed like an over-payment at the time, and too early, but it wasn’t.

  17. Clark Hunt is right! Keep Mahomes on the cheap for as long as possible. Patrick isn’t going hungry or homeless any time soon. Once NFL players get mega paid, they begin to suck. For example:
    Nick Foles
    Jared Goff
    Todd Gurley
    Joe Flcco
    Matt Stafford
    Philip Rivers
    Levon Bell
    Antonio Brown. <—. Went insane which sucks.
    OBJ
    David Johnson
    Kirk Cousins
    David Carr

  18. To the people saying right now…why?

    It doesn’t make sense for the team. Let’s say they win on Sunday. You have him under contract for the 4th year (which has to play and report before like 8/28 or something) if he wants to accrue the year. It’s the same situation as Chris Jones.

    Keeping him on this rookie contract allows them to extend players like Jones, and Kelce and have a higher front end loaded contract and not be up against the cap. The new CBA which doesn’t have to be signed till after the 2020 season is expected to massively raise the cap. So once that is signed that would be the time to sign Mahomes under the new deal upping the cap.

  19. The Super Bowl will reveal a lot. Personally I think he should have been renewed before this season (is that even possible with the CBA?) His price is only likely to continue to rise.

    ====
    No it isn’t. Rookies can’t negotiate until after the 3rd regular season. Then they have to report/play on the 4th to even accrue it as a season. So there isn’t a threat of a hold out, maybe one through the start of training camp, but he’s not the type that is going to do that.

    He grew up in professional locker rooms. He understands the business side of things, and that it takes a lot of work to get on top and even more to stay there.

  20. Oh and Tyreek Hill will want his soon also, they better win the Superbowl Sunday or they may be closing the door on that possibility when they break the bank on Mahomes…

    ===
    Hill was just extended this off season for like 3 years. No where near the deal he was going to get before the audio came out though

  21. The price for a franchise QB will only go up. The cap is likely to go up as well, so if they lock him in now, the price may look better in a few years.

  22. I’m guessing Pat knows exactly when he’s getting paid. You can’t be the best player to come out in years (generational talent) and not know where you stand.

    I’d love to know those conversations. Someone joked about ownership, with Pat’s rockstar talent, and likability, there’s no telling what he might be offered.

  23. The longer they wait the more Kermit is going to be pissed he hasn’t gotten the big, shiny new contract yet and the more he’s going to want.

  24. bobthebillsfan says:
    January 28, 2020 at 2:19 pm
    Right time equates to best deal for management. Can’t blame them. I hope Mahomes and Hunt, et al can come to a realistic agreement that doesn’t follow the paths Rodgers and Wilson took – to get every dollar possible and leave the team hamstrung for paying other good players.

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    The Packers were able to dive into FA and acquire Preston Smith, Za’Darius Smith, Adrian Amos, and Billy Turner this past off season AFTER inking Rodgers’ new deal and they acquired a handful of guys during the season… and they’re STILL in good shape regarding the cap. It’s rather obvious you don’t understand the structure of Rodgers’ contract and that’s okay. As a Bills fan, I wouldn’t expect you to understand Rodgers’ deal or the Packers’ cap situation. Of course I also wouldn’t expect you to comment on that which you don’t understand, so I appear to be 1 for 2 on my expectations.

  25. I would try to sign him BEFORE Jerry Jones just throws “stupid money” at Dak Presscot. That contract will set a bar and will absolutely drive the price of starting QB salaries even more through the roof then they already are. This is going to be very interesting to say the least.

  26. Didn’t The Rock already handle that? Think it was $150 mil fully guaranteed? I kid, I kid.

    Without a doubt will be the highest paid QB ever once it gets done though and deservedly so.

  27. No rush! There’s plenty of time for other teams to erroneously set the market. Starting with Jerrah And Dak!

  28. Putting the cart before the horse. Big contract should depend on if they win the SB. This 5 year era is Mahomes high water mark, starting last year. I know the experts always claim the flavor of the month is going to keep getting better but it’s rarely true.

  29. If the player’s revenue split increases in the next CBA the cap will go up even more than it has year to year. They might want to get something done before that. Mahomes on the other hand might make significantly more by waiting those 12-15 months Clark mentioned.

  30. jackedupboonie says:
    January 28, 2020 at 3:12 pm
    Can Hunt sign him to a ketchup deal for 150 mil and then just a 6 year 150 million extension?

    If only it were “that” Hunt.

  31. Do you guys really think the Chiefs are dragging their feet on this? It’s Mahomes’ side, most definitely, that’s dragging their feet. They know they can probably get 25-30% more by playing another year, especially with so many young QBs that need extensions (Wentz, Watson, Prescott, etc).

    “What about the risk of injury??” Give me a break. Aside from Alex Smith, who may actually play again, when was the last career-ending QB injury you can remember? If Mahomes tears an ACL or breaks his collarbone, he will still command top dollars. Tom Brady, Philip Rivers, Drew Brees, Aaron Rodgers are all proof that you can suffer season ending injuries and still get rewarded with more money.

  32. Franchise tag to save money will only strain the relationship between Mahomes and team. It’s almost a spit in the face for someone with Mahomes’ talent and value. The guy deserves to get paid. Yes, it will hurt the salary cap and other potential signings but that’s the way it is. It’s a QB driven league no matter how good your run game or defense is. Eventually you have to throw the ball.

  33. Franchise tag to save money will only strain the relationship between Mahomes and team. It’s almost a spit in the face for someone with Mahomes’ talent and value. The guy deserves to get paid. Yes, it will hurt the salary cap and other potential signings but that’s the way it is. It’s a QB driven league no matter how good your run game or defense is. Eventually you have to throw the ball.

  34. He’s getting the numbers, win or lose next week. That outcome is irrelevant to this contract. It’s going to depend on him. He doesn’t seem like ‘big ego’ guy but you can’t blame a guy for going after market value.

  35. David Muehlhausen says:
    January 28, 2020 at 3:08 pm
    To the people saying right now…why?

    It doesn’t make sense for the team. Let’s say they win on Sunday. You have him under contract for the 4th year (which has to play and report before like 8/28 or something) if he wants to accrue the year. It’s the same situation as Chris Jones.

    Keeping him on this rookie contract allows them to extend players like Jones, and Kelce and have a higher front end loaded contract and not be up against the cap. The new CBA which doesn’t have to be signed till after the 2020 season is expected to massively raise the cap. So once that is signed that would be the time to sign Mahomes under the new deal upping the cap.
    ————————————————————–

    THIS!!!

    This is exactly what makes sense for both parties and I’d be stunned if both parties don’t already know that’s what is going to happen. The Chiefs are playing this to keep Mahomes and be a contender for the long haul. Locking up people like Kelce and Jones is essential to staying a contender. Mahomes is going to get paid like the best player in football regardless of when it happens.

    Clark Hunt will make sure his generational franchise QB is a Chief for life. Book it.

  36. LOL at the notion that JJ and Dak are going to set the market. Dak isn’t in the same stratosphere as Mahomes. What JJ does won’t matter.

  37. Yeah , go ahead and extend him now and throw off your whole Cap. Im predicting a bad Super Bowl for Boy Wonder. He hasn’t seen anything like whats coming after him on Sunday. In the words of the great Al Davis “The quarterback must go down and he must go down hard” and he will!!

  38. And this is how you undercut a ,”dynasty”.. Once you pay his value, The Chiefs will have to go cheap on complementary players. Andy Reid is not a talented enough coach to win with less than the best players. In other words, he is no Bill Belichick. Without his weapons and a weaker defense we will see how much winning and how many Super Bowls the young man brings. The key to the longevity of the patriot dynasty has been Belichick’s ability to coach teams without marquee talent into winning. Reid has never shown this ability. Look what happened to the Seahawks and the ravens after they paid their Super Bowl winning quarterback’s.

  39. This Raiders fan has to say first the Chiefs are damn good right now. Having said that, I hope the Chiefs have to break the bank big time for him. Would make it a whole lot tougher to keep the rest of the offense together. And they already struggle on defense.

  40. Life long Chiefs fan and love Mahomes but why would you pay him before this contract is over. I would do instead of the extension but 1 more year cheap, why not. Pay Jones now and then when you pay Mahomes the following year you can drop Watkins or others unless he doesnt want to be highest paid then you dont have to gut the team and hopefully compete a few more years. QBs costing teams all the time

  41. “Wait, so you extended the woman beater Tyreek Hill, but you’re dragging your feet on Mahomes????”

    Tyreek was up for an extension. People drafted as low as him don’t get the 5 year contract that 1st rounders do. Tyreek needs Mahomes more than Mahomes needs Tyreek. Mahomes was winning without Tyreek and making guys like Robinson, Hardman, & Pringle relevant.

  42. I think a lot of Clark Comment is looking forward to the next CBA agreement. There is talks about the QB being exempt from the Salary Cap, or discounted. Why extend him a to huge contract if the CBA could benefit both Mahomes and the Team.

Leave a Reply

You must be logged in to leave a comment. Not a member? Register now!

This site uses Akismet to reduce spam. Learn how your comment data is processed.