The Chiefs have converted $12M of QB Patrick Mahomes’ 2023 roster bonus into a signing bonus, creating $9.6M in cap space, per source. More flexibility for the champs throughout free agency.
@FieldYates @AdamSchefter Tbh I don’t understand this converting salary thing. What is stopping teams from converting all their players salary into bonuses es and getting easy cap
@UCF_Squire @FieldYates @AdamSchefter If you take the $12.8M roster bonus and convert to signing bonus, you spread that offer 4 years 12.8/4=3.2 so 3.2 per year for 4 years. So instead of 12.8 this year only 3.2. 12.8-3.3=9.6 or in other words the Davina they recognize this year. Simple right? Lol
@UCF_Squire @FieldYates @AdamSchefter Shoot sorry there are so many typos I didn't notice when I pressed send. I hope you can follow anyway
@UCF_Squire @FieldYates @AdamSchefter If you take the $12.8M roster bonus and convert to signing bonus, you spread that offer 4 years 12.8/4=3.2 so 3.2 per year for 4 years. So instead of 12.8 this year only 3.2. 12.8-3.2=9.6 or in other words $3.2m they recognize this year. Simple right? Lol