AP Source; Chiefs Restructure Mahomes’ Contract

March 14, 2024 4:40 am

KANSAS CITY, Mo. (AP) — The Kansas City Chiefs have restructured quarterback Patrick Mahomes’ contract, a person familiar with the decision told The Associated Press on Wednesday. The person spoke to the AP on condition of anonymity because the financial details were not public. The restructuring frees up more than $21 million in salary cap space that the Chiefs can use elsewhere. That could include a much-publicized pursuit of help at wide receiver, their need for a new left tackle to protect Mahomes’ blind side, or in re-signing their own free agents.