Not really. As yinzername noted, it's nothing creative: it's simply a new contract. They tore up his current contract that pays him about $30 mil for 2024 and 2025 and gave him a new one for around $34 mil for 2024 and 2025. That does two things:TheTroll wrote: ↑Tue Apr 30, 2024 6:57 amCreative Accounting. Something the MLB has never learned how to do!yinzername wrote: ↑Tue Apr 30, 2024 5:21 amIt’s a new contract, not extension, just thru ‘25wickerkat1212 wrote: ↑Mon Apr 29, 2024 12:34 pm Kelce extended through 2027. He'll be 38 then.
https://twitter.com/TomPelissero/status ... 6408139239
"#Chiefs star Travis Kelce’s contract extension tacks on two years and $34.25 million to the two years remaining on his old deal, per sources.
Kelce now has guaranteed money in 2024, with additional money vesting year-by-year. He’s signed through 2027, when he’ll be 38."
1) Effectively ends retirement conversation through 2025.
2) Makes him the highest-paid TE in the league (just by a smidge).
TL;DR -- Kelce simply got a raise to play for 2024 and 2025.