Brett Veach on Patrick Mahomes extension: It’ll take time, it’ll get done

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Chiefs quarterback Patrick Mahomes is eligible to sign a contract extension this offseason and there’s little doubt that the Chiefs will do what it takes to ensure he’s in Kansas City for a long time, but there is a question of when that deal will get done.

The team had the quarterback’s next deal in mind well before Mahomes won them their first title in 50 years and Chiefs owner Clark Hunt said before the Super Bowl that the team was looking for the “right time” to do such a deal.

During an appearance on PFT Live from the Scouting Combine, General Manager Brett Veach said that the team is still working out the best path to securing a long future with Mahomes.

“I think the cool thing about Pat and his agent is they realize he’s gonna make a lot of money, no one operates in the sense of taking the extreme team discount, but Pat is also very cognizant of wanting to be in a place like Kansas City and win a lot of Super Bowls. There are some things to help the team to make sure there’s always talent around him. It’ll take time, it’ll get done,” Veach said.

Whatever concessions Mahomes may make at the negotiating table, he will almost certainly be the highest-paid player in the NFL when he signs his next deal. That will create other challenges for Veach, but he’ll gladly accept them if it means more years with Mahomes.

19 responses to “Brett Veach on Patrick Mahomes extension: It’ll take time, it’ll get done

  1. That rookie deal is over. Now it’s time to see if Veach really IS a GM or if he is just another one of Andy’s lackies.

  2. The “right time” is whenever Patrick feels like signing.

    I assume his agent wants to draw this out, see how other QBs get paid.

    My question: I assume Mahomes breaks 40MM/year, the question is how much will he settle for? He can drive a harder bargain, or settle for less, and take only 40 or even a platry 38MM per year.

  3. There is really no rush on either side. Mahomes is making decent endorsement money that compensates somewhat for vastly over performing on his rookie deal. Mahomes recognizes he is in a good place from a variety of perspectives. He knows that he will get paid handsomely when all is said and done, so he (and the Chiefs) can both be patient and work something out. Of course there is injury risk, but having earned a ring already vastly increases his floor salary, which helps mitigate (somewhat) that risk.

  4. I doubt he’ll be the highest paid. He deserves to be but he’s not like Dak “Break the Bank” Prescott, who puts his pockets above winning.

  5. I think the cool thing about Pat and his agent is they realize he’s gonna make a lot of money..
    ————————
    No – what would’ve been “cool” for the Chiefs is to hear lots of Pat & agent realizing they want to do Brady-like deals for boosting the team. Because the Super Bowl window shuts when Mahomes gets the greatest paycheck of all time (so far), see: Wilson, Brees & Rodgers.

  6. The “right time” is whenever Patrick feels like signing.

    I assume his agent wants to draw this out, see how other QBs get paid.

    My question: I assume Mahomes breaks 40MM/year, the question is how much will he settle for? He can drive a harder bargain, or settle for less, and take only 40 or even a platry 38MM per year.

    ===
    I could see him getting less per year, but blowing away the guaranteed money of anybody else. I’ve always held firm they should do a 5 year deal at 150 Million fully guaranteed. He then only has a 30 mil cap hit, but makes like 40 million more over the contract than anybody else

  7. tb12greatest says:

    February 26, 2020 at 9:12 am

    Perhaps one of these days Mahomes will actually play well in a Super Bowl…
    ____________________________________
    He out performed Mr. Brady in his first superbowl. But whatever.

    The delay in the contract is due to many variable.

    1. CBA changes
    2. structuring out his contracts around other unknown variables that have to be played out. Such as Chris Jones and the holes at CB etc..

  8. chiefseek says:

    February 26, 2020 at 12:36 pm

    He out performed Mr. Brady in his first superbowl. But whatever.
    ————-

    Yeah, too bad Brady didn’t have Hill, Watkins, Kelce, etc. and had to win with Troy Brown, David Patten, and Kevin Faulk. Nice try though.

  9. His “break the bank” deal will eventually cripple the Chiefs, which is just one of the reasons that we’ll never see another dynastic run like the Patriots again.

    It’s not like we haven’t seen this scenario play out before, and it will be a shame.

  10. tb12greatest says:
    February 26, 2020 at 1:58 pm
    chiefseek says:

    February 26, 2020 at 12:36 pm

    He out performed Mr. Brady in his first superbowl. But whatever.
    ————-

    Yeah, too bad Brady didn’t have Hill, Watkins, Kelce, etc. and had to win with Troy Brown, David Patten, and Kevin Faulk. Nice try though.
    —————————————–
    How is that Mahomes fault? BTW in Brady’s best individual SB performance, he lost. Nice try though.

  11. Mahomes should break the bank for his first contract whether that is by a lot of guaranteed money or a lot per year. I think all of his endorsement money, he can afford to take a few million less to help surround himself with top notch players. Chiefs are waiting on the new CBA to get worked out then I expect Mahomes to sign sometime after. Let Dak think he is doing something, then the champ can swoop in and take his throne.

  12. Mahomes and his agents want him in KC and they want him surrounded with talent enough it will allow Patrick to play in multiple Super Bowls. They’ve already said this a few times. Lee Steinberg has been around the block, in fact he pretty much helped to create a few winning rosters by representing QBs who could have commanded skyrocket salaries but chose not to.

    Mahomes is gonna bank endorsements (already is) for the next 10-15 years and like Brady, he’ll be quite comfy being protected by the best affordable O-linemen. He’ll enjoy solid defenses manned by a mix of talented young players and talented older veterans all wanting to join up in affordable contracts to play in Super Bowls – down the road.

    I don’t remember Belicheck breaking the vault open for Moss, Law or Seau, either.

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