Kansas City Chiefs restructured quarterback Patrick Mahomes’ contract this week, creating salary cap space ahead of the 2026 season, according to multiple reports.
The move converts $54.45 million of Mahomes’ 2026 salary into a signing bonus and lowers his cap hit to $34.65 million. Kansas City cleared $43.65 million in space. It is the fourth straight year the team has reworked his deal.
The Chiefs entered the offseason more than $57 million over the cap after missing the playoffs in 2025. Mahomes had been set to count $78.2 million against the cap in 2026.
Under the revised terms, he will add $11 million to the cap in each of the next four seasons. His cap number is projected to reach $85 million in 2027.
Kansas City must be under the league’s salary cap by March 11. Mahomes, recovering from knee surgery, has said he expects to be ready for the 2026 opener.


