One of the biggest concerns from the Big Ten/SEC in the current PCS Act is that private equity or any third party can still poach members, while the current bill says the power leagues — when B12 hits $700 million in revenue it will join the other 3 — would be frozen in place.
Record deal: The Chiefs are adding two years to Patrick Mahomes’ contract, tying him to Kansas City through the 2033 season at a value of $504.75 million, making it the first NFL deal valued at over a half-billion dollars, per @RapSheet and me.
Equity Sports CEO Chris Cabott, and Chiefs GM Brett Veach and his staff, put the finishing touches on the landmark agreement today.
BREAKING: #Bengals WRs Ja'Marr Chase and Tee Higgins exclusively tell me they’ve agreed to contract extensions with the team.
Ja'Marr gets: 4-years, $161M with $112M guaranteed — making him the highest-paid non-QB in NFL history.
Tee gets: 4-years, $115M with the first two years guaranteed — making him the highest paid WR2 in NFL history.