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Patrick Mahomes at a game against the Tampa Bay Buccaneers at GEHA Field at Arrowhead Stadium on Nov. 04, 2024 in Kansas City
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NEED TO KNOW
- The Kansas City Chiefs reportedly made changes to Patrick Mahomes' salary to create cap room for the team
- The team is said to have made $43.56 million in salary-cap space by restructuring the Chiefs quarterback's contract
- The move lowered the QB's salary cap number from $78.2 to $34.65 million for the year
The Kansas City Chiefs are making moves.
The NFL team made $43.56 million in salary-cap space by changing the contract of Chiefs quarterback Patrick Mahomes, who's currently rehabbing to recovery after suffering a season-ending injury on Dec. 14, 2025, according to NFL.com.
As first reported by Over the Cap, the Chiefs converted $54.45 million of Mahomes' 2026 salary into a signing bonus to create cap room for the team. The restructuring lowered the 30-year-old QB's salary cap number from $78.2 to $34.65 million for the year.
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Patrick Mahomes (left); Rashee Rice (center); Travis Kelce (right) of the Kansas City Chiefs in August 2025.
AP Photo/Reed Hoffmann
This move marks the fourth straight year that the Chiefs have restructured the three-time Super Bowl champion's contract to improve their salary cap situation, the outlet reported.
In each of the next four seasons, Mahomes' salary cap number will rise by $10.89 million per year. His cap number for 2027 will now exceed $85 million. He is under contract with the Kansas City Chiefs through 2031.
In 2020, Mahomes signed a $450 million, 10-year contract extension with the Chiefs. The move was said to be the "largest contract in sports history," according to his agent Chris Cabott.
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Patrick Mahomes of the Kansas City Chiefs at Arrowhead Stadium in Kansas City on Aug. 22, 2025
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"First half billion dollar player in sports history. Largest contract in sports history. First time NFL player has been the highest paid player in sports history," Cabott wrote in an Instagram tribute to Mahomes at the time.
"This is a significant moment for our franchise and for the Chiefs Kingdom," Chiefs Chairman and CEO Clark Hunt shared in a statement of the history-making move. "Since he joined the Chiefs just a few years ago, Patrick has developed into one of the most prolific athletes in all of sports."
He added, "He's an extraordinary leader and a credit to the Kansas City community, and I'm delighted that he will be a member of the Chiefs for many years to come."
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Patrick Mahomes of the Kansas City Chiefs with his wife Brittany and their kids in September 2024.
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Chiefs Head Coach Andy Reid also chimed in and expressed his excitement, sharing in a statement, "I've had the privilege of coaching a lot of incredible athletes and special people in my career, and Patrick is without question on that list of players."
He continued, "He's a natural leader and always grinding, whether that's on the field, in the weight room or watching film. He wants to be the best."
Currently, Mahomes is recovering from his season-ending injury suffered in Week 15 during the Chiefs 16-13 loss to the Los Angles Chargers in December 2025. He tore his ACL, underwent surgery the next day and is now rehabbing.
In January, the star QB broke his silence on the injury that ended his ninth season in the NFL.
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Patrick Mahomes looks on from the sideline before an NFL football game against the Cincinnati Bengals at GEHA Field at Arrowhead Stadium on Dec. 31, 2023 in Kansas City
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In a video shared to the Kansas City Chiefs' Instagram account on Jan. 15, Mahomes spoke about his torn ACL and subsequent surgery and recovery, sharing that he is "hitting all the checkpoints" in rehab as he hopes to return to training camp this fall.
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"The doctor kind of gives you goals to get to," the he said. "I just try to maximize those – they hold me back, because I always want to go a little bit further."
"I want to be ready for Week 1. The doctors said I could be, but I can’t predict what happens throughout the process," the NFL star added. "That's my goal ... to play Week 1 and have no restrictions. You want to be out there healthy and give us the best chance to win."
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