Chiefs exercise Patrick Mahomes’ 2021 option

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During a visit with Mike Florio on Wednesday, Chiefs General Manager Brett Veach repeated that the team is planning on discussing a new contract with quarterback Patrick Mahomes this offseason and they’d like to get it done sooner rather than later.

For a variety of reasons, there’s a chance that won’t happen and the Chiefs have moved to make sure that they won’t have their quarterback out of contract after the 2020 season. According to multiple reports, the team has exercised its option on Mahomes’ contract for the 2021 season.

That option is guaranteed in the case of injury only, but it’s almost impossible to imagine a scenario where the Chiefs would be pulling the option without a new deal in place.

As the 10th pick in the 2017 draft, Mahomes’ salary under the option would be equal to the transition tag for quarterbacks this year. That’s a touch over $24.8 million, but it seems like there’s a good chance that he’ll be making even more under a long-term deal by the time the 2021 season gets underway.

18 responses to “Chiefs exercise Patrick Mahomes’ 2021 option

  1. Chiefs are wise waiting to pay big … like Wilson in Seattle, try to win that consecutive championship while the skill players are in place. This rookie running back can help them as well.

  2. I realize these are formalities, but he has to be pissed like Chris Jones.

    They’re going to have to deal Jones and then deal with Mahomes’s leverage, which means they’re entering Baltimore territory in 2013/2014 with that disaster. You simply cannot wait to pay.

    The fade doesn’t show up right away because would still be very good in 2020, but it shows years after and for a long time.

    They’re going to have to hope their 2019, 2020 and 2021 drafts in particular, as they try to rebuild, are like A drafts. If they’re not, they’re in serious trouble.

    Guess whose team’s base is already built now off the CBA? The Pats.

    They have their QB at 550K, 114mil in space in 2021, and they won’t need to go out to pay for overpaid FAs either.

    It’s called leverage, people.

    Watch the master.

  3. “the NFL first 200 million dollar man- 6 year deal”

    Let’s up that ante to 300 million, and renegotiate after 4 years.

  4. Might as well run out the low contract for a year. Heck he might get injured. There was no reason for the Chiefs to pony up more $ now.

  5. daddeeo says:
    April 30, 2020 at 12:38 pm
    Might as well run out the low contract for a year. Heck he might get injured. There was no reason for the Chiefs to pony up more $ now.

    2 2 Rate This

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    So you let him become a FA after 2021? Look how many players might have to be cut to afford him.

    Why would you want 1 player on your team being paid 40 mil per? If you’re a fan of the Chiefs, why on earth would you want this? Why are so many people who follow this league as adults so obtuse when it comes to the salary cap? It’s been like this for 25 years. If you can’t grasp it by now, you shouldn’t be commenting.

    Baltimore, Seattle, Denver, now the Chiefs, all got the 1 ring, but at what cost? They all faded. Baltimore is just re-gathering itself from their 2015 fade out, even if with smoke and mirrors and an old DLine that is being rented in 2020. Masking these holes have a shelf life.

    If they wait to pay another year, which is clearly what they are forced to do, numerous overpaid starters will be cut, Chris Jones is gone, and you’d have like 4 or 5 key starting positions completely absent.

    It would take 3 years to regroup from that. Why would you do that?

    They knew he was their franchise 10 year QB LAST year. He should have been paid last year, they could have drafted a Frank Clark, and a Mathieu and there you go.

    Like I said, they’re very lucky Jerome Boger was with them last year, because they’re one and done over it.

  6. nflhistorybuff68 says:
    April 30, 2020 at 12:09 pm
    Chiefs are wise waiting to pay big … like Wilson in Seattle, try to win that consecutive championship while the skill players are in place. This rookie running back can help them as well.

    18 6 Rate This

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    ^^^My goodness. Why would you be “wise to pay big”? What planet am I on here?

  7. Here’s a question; which team wouldn’t take “cap hell” if it won them a Super Bowl…

    There’s 8 teams who haven’t even won a playoff game in 20 years, 6 teams, that have never won a SB and 20+ teams who haven’t won a super bowl in the last 20 years.

    The Chiefs are returning 20 of 22 starters. And the 2 they lost were pretty average players. Anyone would take 20 of 22 Players, and cap hell, off a Super Bowl team.

    Go Chiefs!

  8. springfield says:
    April 30, 2020 at 1:25 pm
    Here’s a question; which team wouldn’t take “cap hell” if it won them a Super Bowl…

    There’s 8 teams who haven’t even won a playoff game in 20 years, 6 teams, that have never won a SB and 20+ teams who haven’t won a super bowl in the last 20 years.

    The Chiefs are returning 20 of 22 starters. And the 2 they lost were pretty average players. Anyone would take 20 of 22 Players, and cap hell, off a Super Bowl team.

    Go Chiefs!

    0 0 Rate This

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    100% agree, as it’s easy to say that after the Chiefs kinda got lucky with Boger in Foxborough and then Kyle Shanahan did his 4th qtr stupidity in the SB. It could have easily gone the another way.

    This is what I am saying….NE is not afraid of KC. Mahomes is a great QB. SB Champ, fans should still be basking in their glorious win. I get it. Believe me. But, just becasue they won last year, doesn’t make it an automatic they’ll be that successful, here on out.

    NE plays KC this year. Don’t expect NE to look bad. They have the horses to slow that offense down, and their banking on better QB play than what they got last year, when that game was set to go into OT before Boger was corrupt and cheated the Pats in that game. We all saw it.

    Moving forward, though, this team will become dismantled very quickly. And, honestly, it may be a Brees/Saints or Roders/Packers thing where they have this great QB, but he’s over priced up against the cap and the D sucks for 10 years, because that’s essentially what happened to these teams, until recently with NOs improving in that area, the last couple of years.

    If KC had better drafting on D, leading into 2019, they wouldn’t have had to have bought Mathieu and Clark.

    They also could have paid Mahomes, like maybe 30 mil per last year, and then simply drafted a Clark and a Mathieu last year, and then be paying Jones long term right now. I mean, they threw away picks and then overpaid Clark. Dumb.

    Chris Jones, the best defender on that defense by a mile, could be the guy that blows the doors open for their predictable fade. For years. Not just 2021. Years.

  9. Seeing what the relationship between Mahomes and Reid are, I’m pretty sure they’ve had VERY frank discussions about the financial position (cap and cash) they’re in with Mahomes and what the intent is. If he’s going to be a part of the team long term, like both him and the team say, he HAS to be involved with that.

  10. Tylaw… Chiefs has great defensive drafted players. Dee Ford was purely a speed pass rusher, he was replaced by a superior, more rounded, player in Clark. Had Dee not been offsides, KC would’ve won 2 SB’s. Eric Berry could’ve easily kept Mathieu from being needed if he were heathy.

    Each guy that was replaced would’ve cost the same money had we resigned Clark or still had Berry.

    The pats have a great unknown at QB, and while.BB has been great, We’ll see who the true talent was on the Pats in a few months. My guess is it took both Brady and BB and both are going to be worse without the other.

    I will be surprised if the Pats make the playoffs this year.

  11. He is getting paid TyLawpick6 … but they can try to repeat before that … once he gets the big contract the team will fade …

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