{"id":760572,"date":"2026-02-18T15:27:22","date_gmt":"2026-02-18T15:27:22","guid":{"rendered":"https:\/\/www.rawchili.com\/nfl\/760572\/"},"modified":"2026-02-18T15:27:22","modified_gmt":"2026-02-18T15:27:22","slug":"chiefs-restructure-patrick-mahomes-deal-create-cap-space","status":"publish","type":"post","link":"https:\/\/www.rawchili.com\/nfl\/760572\/","title":{"rendered":"Chiefs restructure Patrick Mahomes&#8217; deal, create cap space"},"content":{"rendered":"<p>Feb 18, 2026, 08:47 AM ET<\/p>\n<p>The <a data-clubhouse-guid=\"f68f2343-8ceb-7a02-740d-af6338be21d2\" href=\"https:\/\/www.espn.com\/nfl\/team\/_\/name\/kc\/kansas-city-chiefs\" rel=\"nofollow noopener\" target=\"_blank\">Kansas City Chiefs<\/a> restructured <a data-player-guid=\"37d87523-280a-9d4a-0adb-22cfc6d3619c\" href=\"https:\/\/www.espn.com\/nfl\/player\/_\/id\/3139477\/patrick-mahomes\" rel=\"nofollow noopener\" target=\"_blank\">Patrick Mahomes<\/a>&#8216; contract this week, creating much-needed salary cap space ahead of the 2026 season, according to ESPN and multiple reports.<\/p>\n<p>The restructuring, first reported Wednesday by Over the Cap, converts $54.45 million of Mahomes&#8217; 2026 salary into a signing bonus and lowers the star quarterback&#8217;s cap number to $34.65 million.<\/p>\n<p>The Chiefs, who missed the playoffs in 2025 after reaching the Super Bowl in each of the three previous seasons, created $43.65 million in cap space. It marks the fourth consecutive year that Kansas City has restructured Mahomes&#8217; contract.<\/p>\n<p>Editor&#8217;s Picks<\/p>\n<p>2 Related<\/p>\n<p>The Chiefs entered the offseason more than $57 million over the cap and still will need to make some financial maneuvers after reworking Mahomes&#8217; deal. Mahomes, who is recovering from knee surgery, initially was set to count for $78.2 million against the cap in 2026.<\/p>\n<p>Under the terms of the restructured deal, Mahomes now will count for an additional $11 million against Kansas City&#8217;s cap each of the next four seasons, bringing his total cap number to $85 million for 2027, according to Over the Cap. The three-time Super Bowl MVP is a potential candidate for a contract extension before 2028, when his salary and cap number both drop significantly.<\/p>\n<p>For now, however, the cap savings are vital to the Chiefs, who are coming off their first losing season in over a decade and face decisions on multiple high-priced veteran players. Kansas City needs to be under the NFL&#8217;s salary cap when the new league year starts on March 11.<\/p>\n<p>Star defensive lineman <a data-player-guid=\"3a9adacc-63fb-4f5e-805d-d98750056eef\" href=\"https:\/\/www.espn.com\/nfl\/player\/_\/id\/3044859\/chris-jones\" rel=\"nofollow noopener\" target=\"_blank\">Chris Jones<\/a>, who is set to count for nearly $45 million against the cap, is another candidate for a restructured deal. The Chiefs could potentially cut offensive lineman <a data-player-guid=\"cb7dd5b6-fa73-3b71-3d45-822f9da01570\" href=\"https:\/\/www.espn.com\/nfl\/player\/_\/id\/4034961\/jawaan-taylor\" rel=\"nofollow noopener\" target=\"_blank\">Jawaan Taylor<\/a>, who has one year remaining on his four-year, $80 million deal. Other veteran players who are candidates to be released include <a data-player-guid=\"3ac83f78-db5e-eb3b-d046-93641150bae3\" href=\"https:\/\/www.espn.com\/nfl\/player\/_\/id\/3915487\/mike-danna\" rel=\"nofollow noopener\" target=\"_blank\">Mike Danna<\/a>, <a data-player-guid=\"f24a1c92-055d-6ad1-ca37-b36130d1c698\" href=\"https:\/\/www.espn.com\/nfl\/player\/_\/id\/3129310\/drue-tranquill\" rel=\"nofollow noopener\" target=\"_blank\">Drue Tranquill<\/a> and <a data-player-guid=\"afb8890f-26ff-5e4e-3daf-0d45063e1b4f\" href=\"https:\/\/www.espn.com\/nfl\/player\/_\/id\/4240472\/noah-gray\" rel=\"nofollow noopener\" target=\"_blank\">Noah Gray<\/a>.<\/p>\n<p>Mahomes initially signed his 10-year, $450 million deal with the Chiefs in 2020 &#8212; the richest contract in North American team sports history at the time. 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 play in the Chiefs&#8217; 2026 season opener.<\/p>\n","protected":false},"excerpt":{"rendered":"Feb 18, 2026, 08:47 AM ET The Kansas City Chiefs restructured Patrick Mahomes&#8216; contract this week, creating much-needed&hellip;\n","protected":false},"author":2,"featured_media":607602,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[77],"tags":[7,6,84],"class_list":{"0":"post-760572","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-nfl-playoffs","8":"tag-football","9":"tag-nfl","10":"tag-nfl-playoffs"},"share_on_mastodon":{"url":"https:\/\/channels.im\/@nfl\/116092341180157314","error":""},"_links":{"self":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts\/760572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/comments?post=760572"}],"version-history":[{"count":0,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts\/760572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/media\/607602"}],"wp:attachment":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/media?parent=760572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/categories?post=760572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/tags?post=760572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}