Patrick Mahomes Contract 2024. In 2024, mahomes' contract is the largest in total value. In 2024, mahomes will earn a base salary of $9,850,000, a roster bonus of $7,900,000, a restructure bonus of $27,000,000 and a workout bonus of $1,000,000, while carrying a cap hit of $37,008,269 and a dead cap value of.

Three years after mahomes signed what was at the time an unprecedented $450 million contract extension, the chiefs gave him a significant bump to bring him more in line. On tuesday, espn’s adam schefter reported that the chiefs had “restructured” mahomes’ contract to create $21.6 million in cap space.