Chiefs Rework Patrick Mahomes’ Contract to Free Up Cap Space
On February 18, 2026, the Kansas City Chiefs restructured Patrick Mahomes’ contract, converting $54.45 million of his salary into a signing bonus, reducing his 2026 cap hit to $34.65 million and creating $43.65 million in cap space. This marks the fourth consecutive year of restructuring Mahomes’ deal as the Chiefs aim to move under the salary cap after missing the playoffs in 2025. With Mahomes recovering from knee surgery, his restructuring adds $11 million to the cap for the next four years. Other veteran players, including Chris Jones and Jawaan Taylor, may also face contract changes.
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