"The Kansas City Chiefs restructured Patrick Mahomes' contract this week, creating much-needed salary cap space ahead of the 2026 season, according to ESPN and multiple reports. The restructuring, first reported Wednesday by Overthecap.com, converts $54.45 million of Mahomes' 2026 salary into a signing bonus and lowers the star quarterback's cap number to $34.65 million."
"The Chiefs, who missed the postseason in 2025 after reaching the Super Bowl is each of the three previous seasons, created $43.65 million in cap space. Kansas City already had been more than $57 million over the cap."
"Mahomes, who is recovering from knee surgery, initially was set to count for $78.2 million against the cap in 2026. The two-time league MVP had surgery in mid-December to repair two torn ligaments in his left knee, and said last month that he wanted to be ready to play in the Chiefs' 2026 season opener."
The Kansas City Chiefs converted $54.45 million of Patrick Mahomes' 2026 salary into a signing bonus and lowered his cap number to $34.65 million. The move created $43.65 million in salary-cap space after Kansas City had been more than $57 million over the cap. Mahomes had originally been set to count $78.2 million against the 2026 cap. The Chiefs missed the postseason in 2025 after reaching the Super Bowl in each of the three previous seasons. Mahomes is recovering from mid-December knee surgery to repair two torn ligaments in his left knee and said he wants to be ready for the 2026 season opener.
Read at ESPN.com
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