Patrick Mahones Could Be Screwed in Contract Negotiations With Chiefs After Latest Update on 2021 Salary Cap
By Brady Williams

From NFL MVP to Super Bowl MVP, Patrick Mahomes has assumed a number of titles, but now it appears he'll have a less flattering one: victim of circumstance.
As the COVID-19 pandemic continues with no obvious end in sight, the NFL could be dealing with financial issues in the coming year. On the My Sports Update Football Podcast, NFL insider Adam Schefter said one possibility could spell trouble for top players like Mahomes.
Schefter said that teams are concerned that if the pandemic continues long enough, games will need to be played without a crowd. That means substantially less revenue for teams, and the current collective bargaining agreement outlines how salary caps are set based on revenue. Schefter says that means the salary cap could take a $30 million to $80 million dip in 2021, which could affect contract negotiations in a significant way for the league's top players.
Something to monitor: The salary cap in 2021 could potentially take a massive hit due to COVID-19. "The various estimates I've gotten from executives to owners is that the cap could be down anywhere $30M to $80M in 2021" — @AdamSchefter
— NFL Update (@MySportsUpdate) May 5, 2020
Full episode ? https://t.co/yWz44h3j8C pic.twitter.com/FPI0fq9Prn
Mahomes is the best quarterback in the league, but he's not being paid like it yet. He's expected to be making $40 million a year soon, but this possible salary cap hit could pull the rug out from under those hopes because the Kansas City Chiefs could be in an even more complicated financial situation. It would be a crushing blow for any argument Mahomes has in his impending negotiations, because if the money isn't there, he won't be able to earn as much as previously expected.
The #Chiefs (unsurprisingly) exercising Patrick Mahomes’ 2021 option means his rookie contract expands to $41M over 5 years. His eventual extension will push up near $41M per year.
— Spotrac (@spotrac) April 30, 2020
Both parties seem to want to do right by one another, but a huge cut in the amount of money Kansas City is allowed to throw around clearly affects how much Mahomes can earn -- or who else the team will have to boot from the roster before the start of 2021.
The Chiefs were already going to have to clear space on the roster to help pay Mahomes, but Schefter's prediction would mean losing more of that talent or asking their star quarterback to say goodbye to a monster record-setting contract extension.