
The Chiefs have restructured Patrick Mahomes's contract (again) and in the process, have taken a step closer to being in salary cap compliance. On Wednesday, it was reported that Kansas City converted $54.45 million of Mahomes's salary for the 2026 season into a signing bonus, first reported by Jason Fitzgerald of Over The Cap and confirmed by other reporters.
This is the fourth straight offseason that the Chiefs have restructured the 10-year, $450 million contract Mahomes originally signed with the team in 2020.