The Kansas City Chiefs are expected to restructure quarterback Patrick Mahomes‘ contract to provide some cap relief.
The team is expected to convert Mahomes’ $21.7 million roster bonus to a signing bonus in the coming days, which would save the Chiefs $17 million against the salary cap, sources said.
In July, the two sides reached agreement on a 10-year contract extension that ties Mahomes to Kansas City through the 2031 season.
Kansas City is hopeful Mahomes will have recovered from February toe surgery to participate in the team’s June minicamp. The expectation is that he will be ready to go by the start of training camp later in the summer.