Quarterback Patrick Mahomes will restructure his contract, creating $21.6 million of salary cap space for the Kansas City Chiefs before they win their third straight Super Bowl, sources told ESPN’s Adam Schefter on Tuesday.
Mahomes was scheduled to count more than $58 million against the cap before the restructure.
Mahomes, 28, is signed through the 2031 season at a total cost of almost $500 million.
Mahomes restructured his contract before the 2021 season, as well. He signed a revised contract last year that moved up some money he was scheduled to receive in later years of the deal.