After five years, the Patrick Mahomes trade is officially resolved (2024)

Sometimes, you can look back on a single sports moment that changed the course of history. With the benefit of hindsight, the Kansas City Chiefs and the Buffalo Bills hammering out a draft-day trade in 2017 was one of those turning points.

That deal, of course, allowed KC to move up to the 10th spot and select a Texas Tech quarterback by the name of Patrick Mahomes. In exchange for that pick, they sent back their original first-round pick (27th overall), a 2017 third-round pick and a 2018 first-round pick.

It goes without saying that the Chiefs won that exchange. Whether you love him or hate him, no one can dispute Mahomes' impact; since assuming the starting job, it's seemed like he has a guaranteed ticket to the AFC title game. And with three Super Bowl titles and two regular-season MVPs under his belt already, No. 15 has given a previously cursed franchise a reason to believe again.

But now, as of Wednesday, a final detail has fallen into place to confirm the Bills as a big-time loser.

Let's break things down.

After five years, the Patrick Mahomes trade is officially resolved (1)

The Mahomes Trade Pieces Have Left the Building

In the NFL, the salary cap can sometimes seem like a non-factor. Thanks to the ability to restructure major contracts (like Mahomes'), teams can create more spending room out of what looks like thin air. But that financial ceiling is a real thing, as the Buffalo Bills proved.

On Wednesday, the AFC East club made a series of cap-motivated rooms in order to balance the books ahead of the start of the 2024 league year. Veteran Von Miller reworked his contract, while center Mitch Morse, safety Jordan Poyer and cornerback Tre'Davious White are getting cut. White will technically be designated as a post-June 1 cut, again for financial reasons, but the end result is the same. And while those were the biggest names, some other players were also sent packing.

The #Bills have released:

- CB Tre’Davious White
- C Mitch Morse
- S Jordan Poyer
- S Siran Neal
- WR Deonte Harty
- RB Nyheim Hines

Things are changing at One Bills Drive. #BillsMafia

— Ajay Cybulski (@AjayCybulski) March 6, 2024

But in the context of the Mahomes trade, it is White's name that looms the largest.

As mentioned above, the Bills got three picks back in their exchange with the Chiefs. The 2017 first turned into White, while that year's extra third-rounder was packaged in a pick-swap that brought Zay Jones to Buffalo. Then, the 2018 first-round pick was swapped with Baltimore, bringing Tremain Edmunds to Western New York.

And now, with White's impending departure, all those players will have left Buffalo. Jones was traded in 2019 (he's now on his third NFL team), and Edmunds joined the Bears in 2023 as a free agent. The only remaining loose end is Tommy Doyle, who was drafted with a pick obtained in the Jones trade, but he's only appeared in 12 career games due to injuries. At this point, it's unlikely he'll turn into a game-changer.

Given that Mahomes is not only still in Kansas City but also leading the Chiefs to dynastic success as one of the league's top players, it's officially safe to declare a winner and a loser of that draft-day exchange.

With that being said, though, the Bills haven't exactly been mired in mediocrity since that fateful trade. They executed their own draft-day deal in 2018, moving up to snag Josh Allen in the first round. And while he hasn't brought Mahomes-level success back to New York State, he has been a franchise cornerstone in his own right.

So, what can we take from that reality?

Beyond the interesting nugget/potential joke ammunition about how the Bills' side of the Mahomes trade is now a closed book, it's a reminder of the reality of draft picks. It can be easy to hold them up as a valuable asset, capable of turning the worst team into a contender, but that's not always the case. While you might think a three-for-one swap is a slam dunk, you end up with egg on your face when that one turns into a generational player.

But, by that same token, they're not complete trash, ready to be traded away at the drop of a hat, either. A single pick salvaged things for Buffalo, after all. Things would look significantly uglier in hindsight if Allen hadn't arrived a year later.

Ultimately, that's where the collective skill of an organization's front office and scouting staff comes in. Drafting is a gamble, but there's something to be said for placing bets with the best knowledge of the odds possible.

As much as we can say "Just draft a franchise quarterback/game-changing talent" from the sidelines, it's not that easy.

Looking at Mahomes' trade and Allen's subsequent selection underscores that reality.

Uncommon Knowledge

Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.

Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.

");jQuery(this).remove()})jQuery('.start-slider').owlCarousel({loop:!1,margin:10,nav:!0,items:1}).on('changed.owl.carousel',function(event){var currentItem=event.item.index;var totalItems=event.item.count;if(currentItem===0){jQuery('.owl-prev').addClass('disabled')}else{jQuery('.owl-prev').removeClass('disabled')}if(currentItem===totalItems-1){jQuery('.owl-next').addClass('disabled')}else{jQuery('.owl-next').removeClass('disabled')}})}})})

After five years, the Patrick Mahomes trade is officially resolved (2024)

FAQs

Is it true that Patrick Mahomes was traded? ›

Sometimes, you can look back on a single sports moment that changed the course of history. With the benefit of hindsight, the Kansas City Chiefs and the Buffalo Bills hammering out a draft-day trade in 2017 was one of those turning points.

Is Kansas City getting rid of Mahomes? ›

According to ESPN's Adam Schefter, Mahomes is restructuring his contract to create $21.6 million in cap space for Kansas City this offseason. This is the second restructuring of his deal in the past six months. Mahomes inked a 10-year, $450 million extension with the Chiefs during the 2020 offseason.

How long is Mahomes' contract with the Chiefs? ›

Mahomes, who signed a 10-year, $450 million deal with the Chiefs in July 2020, was due to carry a $58.6 million cap hit in '24. That figure is set to drop significantly as the team pursues its third consecutive Super Bowl victory, which would mark the first three-peat in league history.

How many draft picks do the Kansas City Chiefs have in 2024? ›

KANSAS CITY, Mo. -- The Kansas City Chiefs made seven selections at the 2024 NFL draft -- beginning with the No. 28 selection of WR Xavier Worthy.

What team is Patrick Mahomes on in 2024? ›

Mahomes enters his eighth season with the Chiefs in 2024 and his seventh year as the starter (2018-24).

What is Patrick Mahomes' net worth? ›

Patrick Mahomes: $45 million.

Could the Chiefs leave Kansas City? ›

Fortunately for Lucas and the people of Kansas City, the Chiefs won't be going anywhere any time soon. The team's lease at Arrowhead runs through Jan. 31, 2031, which means the two sides have just under seven years to get things figured out.

Will Chiefs rework Mahomes' contract? ›

In September, Mahomes restructured his contract to a record-setting $210.6 million guaranteed over four years. He remains under contract through the 2030 season, and the team will revisit the deal after 2026.

Who is the highest paid QB? ›

Who is the highest-paid quarterback in the NFL? The Cincinnati Bengals' Joe Burrow is currently the highest-paid quarterback in the NFL, with an average annual salary of $55 million. His current contract has a total value of $275 million, with a total guaranteed amount of just about $219 million.

How much is Mahomes' salary? ›

Mahomes signed a massive 10-year, $450 million extension in 2020, which pays him an easy to calculate annual average value of $45 million. That money was spread creatively throughout the contract, however, via a contract restructure.

Who is the most paid NFL player? ›

The Cincinnati Bengals' Joe Burrow leads the list at $55 million, with the Los Angeles Chargers' Justin Herbert second at $52.5 million per year, followed by the Baltimore Ravens' Lamar Jackson at $52 million per year.

What's Brock Purdy's salary? ›

Purdy signed a four-year, $3.7 million contract with the 49ers after being selected with the last overall pick in the 2022 NFL Draft. His annual base salary of $934,252 ranks 54th among all NFL quarterbacks, per Over The Cap.

Who do the Chiefs play in 2024? ›

Beyond that, the Chiefs (and the rest of the AFC West) will take on the entirety of the AFC North (Ravens, Browns, Steelers and Bengals) and NFC South (Buccaneers, Saints, Falcons and Panthers) in 2024. Every division in the NFL plays each team from one division in the AFC and one in the NFC on a rotating basis.

How much cap space do the Chiefs have in 2024? ›

Now, before signing their 2024 draft class, the Chiefs have over $15 million in salary cap space (16th in the NFL) according to Spotrac. What will the Chiefs do with that space? Albert Breer of SI gave his perspective on KC's next move — or lack thereof.

Who has the most picks in the 2024 NFL Draft? ›

Arizona Cardinals

Who did Kansas City trade? ›

The Chiefs are moving on from one of their key pieces on defense. Kansas City is trading CB L'Jarius Sneed to the Tennessee Titans for a 2025 third-round pick and a swap of 2024 seventh-round picks, NFL Network Insider Tom Pelissero reported on Friday, per sources.

Did the Bills trade Stefon Diggs? ›

The Stefon Diggs era in Buffalo has come to an end. The Bills finalized a blockbuster trade to send the four-time Pro Bowl receiver to the Houston Texans, the team announced on Wednesday.

What deal did Patrick Mahomes make? ›

Mahomes signed a 10-year contract with the Chiefs worth up to $503 million. The deal was the largest contract in American professional sports history and the quarterback was also the first professional athlete to ink a half-billion dollar contract.

References

Top Articles
Latest Posts
Article information

Author: The Hon. Margery Christiansen

Last Updated:

Views: 5695

Rating: 5 / 5 (50 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: The Hon. Margery Christiansen

Birthday: 2000-07-07

Address: 5050 Breitenberg Knoll, New Robert, MI 45409

Phone: +2556892639372

Job: Investor Mining Engineer

Hobby: Sketching, Cosplaying, Glassblowing, Genealogy, Crocheting, Archery, Skateboarding

Introduction: My name is The Hon. Margery Christiansen, I am a bright, adorable, precious, inexpensive, gorgeous, comfortable, happy person who loves writing and wants to share my knowledge and understanding with you.