Chiefs have $177.00 in cap space

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The Patriots are fairly tight against the cap. The Chiefs are squeezed against it.

Field Yates of ESPN.com has posted the current cap numbers, and New England’s $891,775 doesn’t look like much, until it’s compared to Kansas City’s.

The Chiefs have (the headline gave it away) $177.00 in cap space.

For starters, the situation makes a new contract with quarterback Patrick Mahomes impossible, until cap space is created.

The biggest current cap numbers belong to receiver Sammy Watkins ($21 million), defensive end Frank Clark ($19.3 million), receiver Tyreek Hill ($17.74 million), safety Tyrann Mathieu ($16.3 million), and defensive lineman Chris Jones ($16.126 million).

The Chiefs would immediately free $14 million by trading or cutting Watkins, a move that would become easier now that receiver Demarcus Robinson has been re-signed. Clark’s deal could be restructured easily, with for example $10 million of his $12 million salary converted to a guarantee, pushing $7.5 million to future years. Ditto for Mathieu, who has an $11.15 million salary — but only two years over which to spread a signing bonus (absent an extension).

Hill has a $910,000 salary and a $15.2 million roster bonus. If the roster bonus already has been earned, it’s too late to convert it to a guaranteed payment.

Jones, who is subject to the franchise tag, would surely emerge with a lower 2020 cap number if/when he signs a long-term deal. However, that’s usually a deadline-driven proposition. The deadline for signing franchise-tagged players to multi-year contracts is July 15.

Others who have large salaries that could be converted to signing bonuses include tackle Eric Fisher ($8.75 million), linebacker Anthony Hitchens ($7.8 million), and tight end Travis Kelce ($8 million). Like Mathieu, however, Fisher and Kelce are in the next-to-last years of their current deals, limiting the potential savings (absent an extension(.

Entering the fourth year of his rookie deal, Mahomes has a cap number of $5.375 million. He is widely expected to eventually sign a new deal that would give him $40 million or more in new money. And he has not yet clamored for a new contract, possibly allowing the Chiefs to press pause on the proposition until 2021.

36 responses to “Chiefs have $177.00 in cap space

  1. $177.00 …that’s probably the average price of parking in most stadiums LOL.

  2. They’re going to have to do something with Jones. No one has two $100M players on the same DLine.

  3. Cap Space; NFL equalizer. The concept works well in keeping strongest teams from easily remaining the top dog. After this year it will get much harder for KC as they will need to start worrying about that Cap space money needed for their QB.

  4. Rookies alone cost 5 millionish..Talk about cap strapped. This is cap strapped, folks.

    Big, big cuts are coming.

    They think they are building a dynasty and it clear their irresponsible ditching of draft picks while overpaying, means Mahomes and Co are done for a good, long while.

  5. Patriots are also in “cap hell”, contrary to some “fans” who like to brag about how well Belichik avoids these types of situations. He’ll have to be shedding what little talent he has left on the roster as well. Soon Patriots will be back to a mediocre defense like a decade ago, but they won’t be scoring enough points to remain relevant. Especially not without Scar to coach up mediocre O-line acquisitions and Brady to anchor a mediocre cast of skill positions.

  6. “Mahomes and Co are done for a good, long while.”

    Extremely unlikely.

    The Pats dynasty is done, so I’m sure you’re rooting against another dynasty to take its place – but KC is set up extremely well for the future. With Reid and Mahomes, they can basically use the Pats model from the past 20 years.

    FA’s will want to go there, and take pay cuts, just like they did w/ NE. They’ll want the ring.

    Mahomes will get at least a few more of those.

  7. Patriots have to bite the bullet this year. Brady and AB accounts for over $18 mil in dead money out of the total of $26 million.
    If Brady had resigned and tacked on another $25 mil in cap…that would be even scarier. Another Brady extension really was no longer tenable for the long term financial health of the team.

  8. They won a Super Bowl with that little cap space but $50 mil a year for #15 coming up

  9. This is so awesome! I try to pay my taxes as close to zero every year… Sometimes I get back a couple hundred bucks, sometimes I pay a few hundred. And that’s for me and my family.

    KC got within a couple hundred bucks with 53 players with a couple hundred million to work with.

    Granted taxes and salary caps are vastly different but clearly the accounting and cap structures are moving pieces and to get that close is pretty cool. And based on the Super Bowl results, spending every dime might matter.

  10. Too bad the Chiefs can’t pay mahomes under the table like the Patriots did for Brady year after year. Of course goodell made sure his best friend Kraft stayed hooked up

  11. I think the low-hanging fruit here is Watson. $21M for a WR who had 52 catches last year? No. Get rid of him and draft a WR. This year’s class is loaded with them. It’s been proven time and time again that you can get quality WRs later in the draft (remember, AB was drafted in the sixth round).

  12. It makes you appreciate what the Patriots were able to accomplish over the past 20 years!!

  13. This will be the last year for a Superbowl, Mahommes $40 million a year and Kelce somewhere around $20 million a year, don’t see Jones being retained someone will pay him $20 million a year and KC can’t, will gut the mid-level talent and experience on the team. Like Seattle no O-line and Eagles no receivers or CB’s.

  14. The Chiefs won the Super Bowl .
    It could be argued that it was worth every single penny of cap space to achieve that goal.
    Of course the challenge now is if they can move enough players & money around to do it again.

  15. Haha, the salary cap is a game. I promise you they have a plan in place. And I assure you they are keeping #15 in the loop. As the draft nears you will hear, Chris Jones either traded or with a new contract. Watkins traded, cut or with a renegotiated contract. Kelce with and extension. LDT cut, traded or new contract. Tyreek Hill, renegotiated. Frank Clak renegotiated. Who knows what else but by the start of the season they will have plenty of room to sign 15.

  16. kurdishpats1 says:
    March 30, 2020 at 5:02 pm
    They’re going to have to do something with Jones. No one has two $100M players on the same DLine.
    .
    .
    agreed. would be nice to find a trade like khalil mack

  17. The only thing in football with less room under the cap would be Mel Kiper’s hair.

  18. The Patriots will have $106 million in available cap space in 2021 sand some great players under contract. Bill Belichick is not rebuilding, but is doing a reset on the fly.

  19. TrashAllen17 says:
    March 30, 2020 at 5:48 pm
    They won a Super Bowl with that little cap space but $50 mil a year for #15 coming up
    _________________________

    There’s a HUGE difference between having little cap space at the end of a season vs before the draft has even happened for the upcoming season, an ABSOLUTELY HUGE DIFFERENCE! Also why all the talk about what Mahomes might get, if the Chiefs elect to they can have Mahomes services w/5th year option for another two years under his rookie contract so there’s no rush to make a deal now and hurt their cap space even more than it is.

    If I were the GM I’d start shedding some high $$ players after the end of the 2020 season and see how Mahomes does for a season with less talent around him, then if he has a worse year it should show him that he should sign for less to let the team put more talent around him. No one has ever won a SB by themself.

    FYI, since 2000 the Super Bowl has been won 10 times by QBs on their rookie contract and only 3 times in the last 20yrs has a top 5 paid QB won a SB. With the way teams seem to be using analytics now days its surprising that teams don’t know and use this when a QB asks for too much money, it hurts the team and any QB that expects to be a top paid QB isn’t a true team player, as a matter of fact they could care less about the team, they’re “ME, ME, ME” players.

    There’s a great article about paying a QB too much called “The Curse of a Salary-Cap-Eating Quarterback”, it tells how paying a QB too much hurts a team.

  20. Cut the most expensive layer on your team who’s been a load of inconsistency: Sammy Watkins. Reid has to have his head examined for giving that guy all that money. He has been good in spots, super bowl included but man he has not lived up to his price tag whatsoever.

  21. For a dynasty that is dead sure is still a lot of talk on every thread about them

  22. Richard Nguyen says:
    March 30, 2020 at 5:20 pm
    Patriots are also in “cap hell”, contrary to some “fans” who like to brag about how well Belichik avoids these types of situations. He’ll have to be shedding what little talent he has left on the roster as well. Soon Patriots will be back to a mediocre defense like a decade ago, but they won’t be scoring enough points to remain relevant. Especially not without Scar to coach up mediocre O-line acquisitions and Brady to anchor a mediocre cast of skill positions. Lol the Pat’s will be fine they are the model of cap management and will be flush with cap space in 2021 one year after 20 of 9 sb trips and six wins is not cap hell.

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