Kansas City Chiefs GM - Want Tyrann Mathieu deal, but money tight

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ESPN India 18 August, 2021 - 01:01pm 51 views

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ST. JOSEPH, Mo. -- Tyrann Mathieu might be the next safety in line for a big contract, but he might have to wait. General manager Brett Veach said that while the Kansas City Chiefs would like to extend Mathieu's contract beyond its end this season, the timing isn't right for it to happen soon.

"The landscape is super tricky," Veach said from Chiefs training camp at Missouri Western State University. "We're at a $30 million [salary-cap] deficit from what we thought, and next year it's $15 million. Right now some things are out of our control just because of the cap reductions this year and next year. If you look at our books for next year, we're going to be over by a bunch.

"Right now we're counting Orlando [Brown] on a [franchise] tag, but we think he's going to play well, and we're going to extend him, and that opens up space. Restructuring [with other players] opens up space. Some guys moving on will open up space.

"It's frustrating because we're handicapped a little, and there are only certain things we can do to make it make sense for him. But where we are now is going to be completely different than where we will be once the season ends, and we have a lot more clarity on contracts and how the money is disbursed and allocated and how we can fit things and how we can make it work. It's just tricky right now. But it has nothing to do with us not wanting him or him not wanting to be here. It's just one of those unfortunate timing things."

The Chiefs are scheduled to have four players in 2022 with salary-cap figures of at least $20 million, led by quarterback Patrick Mahomes at almost $36 million.

Mathieu, who is in Year 3 of a three-year, $42 million contract, has said he wants to finish his career with the Chiefs. When the Chiefs opened training camp last month, Mathieu said he wasn't disappointed the Chiefs had yet to extend his contract.

"I think most players would like to have things done before they get to the season, but I'm all about ball," he said. "I love ball, so it's important for me to stay focused on that. Let other things just handle themselves."

Some of his recent activity on his Twitter account, though, might reflect some frustration. After the Seattle Seahawks gave safety Jamal Adams a new four-year contract worth $70 million, Mathieu wrote "the disrespect is noted" in response to a tweet wondering how Adams' extension might impact Mathieu.

But the Chiefs say they want to keep Mathieu beyond this season.

"I've heard Tyrann say that he would like to extend his career in Kansas City, and we feel the same way about that," Chiefs chairman Clark Hunt said. "Hopefully that will work out. The timing is obviously uncertain."

Read full article at ESPN India

Tyrann Mathieu Contract Extension 'Tricky' Because of Cap Space, Chiefs GM Says

Bleacher Report 18 August, 2021 - 06:48pm

Tyrann Mathieu is heading into the final year of his current contract, but the Kansas City Chiefs might not be able to sign him to an extension because of cap concerns.

Chiefs general manager Brett Veach discussed the situation with reporters Wednesday:

Losses due to the COVID-19 pandemic caused the salary cap to drop about $15 million from last season, currently sitting at $182.5 million for 2021. 

Mathieu heads into the season with a $19.73 million cap hit, highest in the NFL among safeties, per Spotrac

The market for safeties is only growing after the Seattle Seahawks agreed to a four-year, $70 million contract with Jamal Adams.

Mathieu has proved to be worth the cost for Kansas City, earning first-team All-Pro honors in each of his first two seasons with the team. He had 10 regular-season interceptions and 21 passes defended in this stretch, helping the defense rank in the top 10 in points allowed each year.

The squad ranked 24th in points allowed in 2018 before the safety arrived.

The 29-year-old has also played every defensive snap over the last two playoff runs, including two trips to the Super Bowl and one title. 

"I've heard Tyrann say that he would like to extend his career in Kansas City and we feel the same way about that," Chiefs chairman Clark Hunt said. "Hopefully that will work out. The timing is obviously uncertain."

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Chiefs' Tyrann Mathieu on Jamal Adams' $70M Contract: 'The Disrespect is Noted'

Bleacher Report 17 August, 2021 - 07:36pm

Tyrann Mathieu saw all the zeroes in Jamal Adams' new contract and may have realized something's not adding up in his negotiations with the Chiefs.

Mathieu tweeted the "disrespect is noted" in response to a tweet mentioning the deal in relation to his extension talks:

Oh plz. The disrespect is noted.

Adams' new four-year, $70 million contract makes him the NFL's highest-paid safety on a per-year basis.

Mathieu is currently in the last season of a contract that has an average annual value of $14 million. The four-time All-Pro has become one of the NFL's best safeties in Kansas City and warrants a sizable raise off that number.

However, it should be noted that Adams is four years younger than Mathieu. It's likely Mathieu's next contract will feature the tail end of his prime and post-prime years. Teams aren't typically in the business of paying for past performance, so it's possible the Chiefs are doing a little projecting forward in their extension talks. 

Chiefs GM Brett Veach: we’ll ‘work our tail off’ to extend Tyrann Mathieu

Arrowhead Pride 17 August, 2021 - 05:17pm

Speaking in a SiriusXM interview, the Chiefs’ general manager admitted there were problems to solve, but said the team wants to get a new deal done.

Logic dictates that the Chiefs would want to get this deal done before the 2021 season begins. Otherwise, they’d run the risk of having to pay a higher price to extend Mathieu’s deal.

For these reasons, we have believed that Mathieu and the Chiefs would make a deal before the season begins. But with the beginning of the season now less than a month away, it hasn’t happened.

Mathieu has been asked about it in almost every appearance he’s made with the press. Most recently, he’s said that he wants (and expects) a deal to get done.

“Just being here the last couple of years, I can’t see me wearing any other uniform,” he told reporters two months ago. “The fans here are amazing. My teammates are amazing. I spoke about the relationships that I have with my coaches. Some of these things, you can’t buy [at] other places. I’m a guy that’s had to start over quite often, so I would like to stay here — for sure.”

But on Tuesday, the man on the other side of the negotiating table — Chiefs general manager Brett Veach — appeared on Sirus XM as the satellite network originated from the team’s training camp at Missouri Western State University in St. Joseph.

“We’ve had a chance to talk to Tyrann and his representation,” Veach confirmed. “I think it’s a little difficult with the landscape right now — with having two cap-shortened offseasons — and where we are in terms of our offseason projections.”

That’s problem number one — that the Chiefs (along with all other NFL teams ) have less salary cap space than they would normally have. Veach went on to the next problem: that there’s still a lot of uncertainty about where things will be a year from now.

“As we discuss with Tyrann and his crew, it’s one of those situations — that where we are now will certainly not be where we are once the season ends. Once we correct some of these things — when you have extensions, conversions, trades, moves on — every team is certainly in a different position now (what their books say) as they will be in the [next] offseason.”

But Veach made it clear that like Mathieu and his representatives, the Chiefs want to find a way to make a new deal.

“We like to think we’re going to find a way to get this done. He knows we love him — and we know he wants to be here. Right now — for us and for him — I think it’s just a timing thing.

“But there’s not a guy in this league that I respect as much as him for the way he goes about his business. Listen, [for] a lot of these guys — a lot of these teams — we saw the franchise tag period come and go... and no [one’s new contract] got done. There have been a couple of deals, but a lot of these bigger deals haven’t been done for the same reason. Different players handle it in a different way — and just like you’d expect from Tyrann, [there’s been] just complete class.”

And then the GM reiterated his basic position.

“The guy’s special,” concluded Veach. “We love him. And we’re certainly going to work our tail off to keep him here.”

Brett Veach on Tyrann Mathieu: We're going to work our tail off to keep him here - ProFootballTalk

NBC Sports 17 August, 2021 - 02:59pm

Safety Tyrann Mathieu has made it clear that he would like to sign a contract extension with the Chiefs.

Quarterback Patrick Mahomes said he’d like to play alongside Mathieu for a long time, too.

General Manager Brett Veach would like to see it happen as well.

In a recent interview with SiriusXM NFL Radio, Veach set out the team’s desire to keep Mathieu around. The safety is entering the final season of a three-year deal he signed as a free agent in 2019.

“We’ve had a chance to talk to Tyrann and his representation and I think it’s a little bit difficult with the landscape right now of having two cap-shortened offseason, and where we are in regards to our offseason projections,” Veach said. “But as we’ve discussed with Tyrann and his crew, it’s one of those situations that where we are now will certainly not be where we are once the season ends and once we correct some of the things when you have extensions, conversations, trades, [players who] move on — every team is certainly in a different position [with] what their books say than they will be in the offseason. And we like to think that we’re going to find a way to get this done. And he knows we love him and we know he wants to be here. And right now for us and for him, I think it’s just a timing thing. But there’s not a guy in this league I respect as much as him for the way he goes about his business.

“And a lot of these guys, and a lot of these teams — I think we saw the franchise tag period come and go and no one got done. And there’s been a couple deals, but a lot of these bigger deals haven’t been done for the same reason. Different players handle it in a different way. And just like you’d expect from Tyrann, just complete class. I mean, the guy is special. We love him. And we’re certainly going to work our tail off to keep him here.”

Most of the time, when a player and a team want to get a deal done — especially when they’ve been so public about that desire — it will happen sooner or later. From Veach’s comments, it seems like Mathieu’s deal may come a little later. But Veach doesn’t sound like a G.M. who intends to let his star safety walk.

The people “in the know” voted him 1st team All-Pro last year…..so there is that.

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