Patrick Mahomes Ii Contract 2024. 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. The details of this latest financial maneuver were immediately unknown.

By restructuring the contract, which would have counted more than $58 million against the cap for the upcoming season, the chiefs created more than $21 million to use. The kansas city chiefs have restructured quarterback patrick mahomes’ contract, a person familiar with the decision told the associated press on wednesday.