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Patrick Mahomes will restructure contract to create $21.6M in cap space for Chiefs, per report

Kansas City Chiefs quarterback Patrick Mahomes is taking one for the team.

The two-time MVP has agreed to restructure his contract in order to clear an additional $21.6 million worth of salary-cap space for the Chiefs, according to ESPN's Adam Schefter.

This comes after the Chiefs restructured Mahomes' contract in September 2023, setting him up to make $208.1 million between 2023 and '26. It was the largest deal over a four-season span in NFL history.

Mahomes became the highest-paid player in the NFL when he signed a 10-year extension worth $450 million during the 2020 offseason.