To add on to this...
Per OTC, extending Mahomes to make him the highest paid QB in the league could potentially free up $34.6m in 2024. A simple restructure for Juwaan Taylor frees up $12.5m. So that would put the Chiefs with an estimated $71.1m in free cap space for 2024... coming directly off a Super Bowl appearance AND making Mahomes the highest paid QB in the league.
Let's look at the top two teams in the NFC...
The 49ers are $3.7m over the cap. Restructuring their top five cap hits frees up $61.4m, leaving them with $57.7m in cap space.
The Lions have $47.6m in cap space. Extending Goff frees $20m. Restructuring their next four frees another $21m in cap space. That puts the Lions at $88.6m in cap space, and they can free more if they want to, they can have over $100m in cap space if they want, although I don't think they will.
Meanwhile the Saints after SonofNOLA's linked cap maneuvers will have approximately $9.2m in cap space.
The Saints haven't won their division or been to the playoffs in three consecutive seasons. In that same stretch, the 49ers have been to three straight NFC Championship games and the Chiefs have been to six straight AFC Championship games.