For the player it locks you into the same percent of the pie as the size of the pie grows. Sort of a profit sharing type deal. For the team it’s predictability and you don’t worry about a player falling behind his peers (or lessers in the case of Mahomes) and being forced to redo a contract because the best player in the league is now the 8th highest paid at his position. And I know that Mahomes is not saying that but plenty in the media are and are calling for a new contract for Mahomes already.
It will be interesting to see how it plays out.
1) Will there be a pretty strict hierarchy where Mahomes gets 20% and Burrow gets 19% and Allen 18.5%? Or does the next guy continue to reset the market? Currently, whoever signs the most recent contract makes the most money. Will that change under a percent of cap deal?
2) What will happen to the desire/ability to re-do deals and create cap room - if anything?
3) Will this spread to other positions? Does Tyreek Hill say “I don’t want 31 million, I want 14% of the cap? QB is obviously different and I think we all get that but I’m not sure some of the guys playing other positions will agree that when it comes to sharing in the ever increasing revenues of the NFL they should be left out.