Inside the Joe Thuney deal

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The Chiefs made a big splash on Monday, signing Joe Thuney to a five-year, $80 million deal. Here’s the full breakdown of the deal, which as a practical matter is a three-year, $48 million deal with a team option for the final two seasons at $16 million per.

Signing bonus: $17 million.

2021 base salary: $990,000, fully guaranteed at signing.

2022 base salary: $13.9 million, fully guaranteed at signing.

2023 base salary: $15 million, guaranteed for injury at signing but fully guaranteed on the third day of the 2022 league year.

2024 base salary, $15.5 million, $2 million of which is fully guaranteed on the third day of the 2024 league year.

2025 base salary, $15.5 million, $2 million of which is fully guaranteed on the third day of the 2025 league year.

The contract includes a $110,000 workout bonus for 2021, and $500,000 workout bonuses for 2022 through 2025.

To avoid owing Thuney $48 million over three years, the Chiefs would have to cut him after one season — at a cost of $32.5 million.

11 responses to “Inside the Joe Thuney deal

  1. As a 9ER fan that contract worries me about the KC rumors signing Trent William’s.

    Thuneys cap hit next season is so low. That depending on KCs cap space. They could still possibly have just enough to sign William’s and fit him under the cap

  2. Sign, restructure after a year,, get another signing bonus, restructure… Rinse and repeat…

  3. Wow, surprised they were able to pull off this signing before these numbers came out with their cap situation. Obviously the Chiefs are going all in now to win, but kicking that can down the road is going to be brutal in a few years. They may have Mahomes, but even with the cap going up in future years, I don’t see how they can put a good team around him for much longer.

  4. touchback6 says:
    March 15, 2021 at 10:12 pm
    Highest contract ever for a Guard with tons of miles after 5 seasons. Yikes!

    ———

    Wow. Now it’s a yikes. Before he was the best in the game a week ago.

  5. Thuney is a very good football player. Tough, reliable, versatile and hard working. Everything you want in a guy you give this kind of money to.

  6. Thuney is a reliably excellent player and person. We’re going to miss him in New England and I’m sure KC players, coaches and fans will become fans fast.

  7. touchback6 says:
    March 15, 2021 at 10:12 pm
    Highest contract ever for a Guard with tons of miles after 5 seasons. Yikes!++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
    Watching you flip faster than a pancake is hilarious.

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