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

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

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.

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.

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.

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

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!

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