Home

NFL

A Super Bowl 2024 Win Would Make Patrick Mahomes $1.25 Million Richer, Accept Lower Cap Hit: Reports

Published 02/10/2024, 2:26 PM EST

Follow Us

USA Today via Reuters

Imagine raking in millions just for winning a football game. It sounds like a fantasy, right? But for Patrick Mahomes, that dream could become a reality this Sunday. A Super Bowl LVIII victory means $1.25 million richer for the Kansas City quarterback, according to NFL insider Jonathan Jones. But hold on, the plot thickens!

Whispers are swirling about a massive cap hit reduction for Mahomes, potentially freeing up millions for the Kansas City Chiefs to build a championship-caliber squad. Is this a win-win scenario or a risky gamble? Let’s huddle up and analyze the play.

Touchdown for Cash: Patrick Mahomes eyes Super Bowl payday

ADVERTISEMENT

Article continues below this ad

As reported by CBS Sports, Mahomes already stands to earn a record-breaking $210.6 million over the next four seasons. This year’s Super Bowl glory will bump that figure to $211.85 million, solidifying his place as the highest-paid player in that timeframe. Talk about a motivational incentive! But remember, it’s not just about the individual payday. Now, let’s talk about cap hits.

Patrick Mahomes currently carries a hefty $59.8 million burden on the Kansas City Chiefs’ salary cap. However, that number shrinks based on performance. His MVP snub this year already reduced it to $58.55 million, and a Super Bowl loss for his team would shave off another $1.25 million. But the Chiefs are aiming for a bigger cut.

Trending

Get instantly notified of the hottest NFL stories via Google! Click on Follow Us and Tap the Blue Star.

Follow Us

Sources close to the team reveal plans for a contract restructuring, potentially saving the Chiefs a whopping $37 million in cap space! This strategic move would push some of Patrick Mahomes’ future earnings into the present, giving him a smaller 2024 cap hit (think low 20s!) and the Chiefs more flexibility to build a championship-caliber team around him.

ADVERTISEMENT

Article continues below this ad

It is a win-win situation!

It’s a delicate dance, but both parties seem willing to navigate it. Patrick Mahomes gets his well-deserved bonus and potentially a lighter financial load in the short term. The Chiefs gain the wiggle room they need to strengthen their roster for another Super Bowl run. It’s a strategic trade-off that could propel Kansas City to even greater heights.

Exclusive: Right Before the Super Bowl, Jordan Mailata Warns 49ers About Patrick Mahomes: “Never Count Him Out”

ADVERTISEMENT

Article continues below this ad

So, Chiefs Kingdom, keep your eyes peeled on Sunday. A Super Bowl victory is never just about the Lombardi Trophy; this year, it is also about securing financial rewards for your favorite QB and paving the way for a potentially dominant future. Buckle up; it’s going to be one thrilling ride!

Watch This Story: How to Buy Super Bowl Jerseys and Other NFL Merchandise – A Complete Guide

SHARE THIS ARTICLE :

Written by:

Shrabana Sengupta

616Articles

One take at a time

"Those who gaze outward dream, but those who turn inward awaken." A pro-writer for MLB EssentiallySports, I’ve been a fan of the New York Yankees since my school days. In my adolescent years, I was introduced to the iconic franchise through one of my beloved Friends characters, Joey.
Show More>

Edited by:

Garima Yadav