About Boardroom

Boardroom is a sports, media and entertainment brand co-founded by Kevin Durant and Rich Kleiman and focused on the intersection of sports and entertainment. Boardroom’s flagship media arm features premium video/audio, editorial, daily and weekly newsletters, showcasing how athletes, executives, musicians and creators are moving the business world forward. Boardroom’s ecosystem encompasses B2B events and experiences (such as its renowned NBA and WNBA All-Star events) as well as ticketed conferences such as Game Plan in partnership with CNBC. Our advisory arm serves to consult and connect athletes, brands and executives with our broader network and initiatives.

Recent film and TV projects also under the Boardroom umbrella include the Academy Award-winning Two Distant Strangers (Netflix), the critically acclaimed scripted series SWAGGER (Apple TV+) and Emmy-nominated documentary NYC Point Gods (Showtime).

Boardroom’s sister company, Boardroom Sports Holdings, features investments in emerging sports teams and leagues, including the Major League Pickleball team, the Brooklyn Aces, NWSL champions Gotham FC, and MLS’ Philadelphia Union.

All Rights Reserved. 2022.

Khalil Mack Trade: Contract & Salary Cap Breakdown

One of the NFL’s most feared pass-rushers goes to the Chargers, while a pair of draft picks reportedly heads back to the Bears. Let’s dive into the details of this week’s Khalil Mack trade.

The Chicago Bears broke the bank when they went all-in on then-Raiders pass rusher Khalil Mack, acquiring him via trade in September of 2018 and immediately locking him with a six-year, $141 million contract extension. At the time, it was the largest deal ever signed by a defensive player in the history of the NFL.

Now, Mack’s time at Soldier Field is over. And he’s headed back to the AFC West to line up opposite a similarly monstrous edge man, Joey Bosa.

The Los Angeles Chargers, after narrowly missing the postseason this year thanks to a Week 18 overtime defeat to Mack’s former Raiders, are surely convinced that this is the move that puts them over the top and makes them impossible to ignore in the race for their first AFC title in nearly three full decades.

So, what are the money implications for both teams going forward, as well as for the superstar himself? Let’s go deep on the Khalil Mack trade.

Stay Ahead of the Game, Get Our Newsletters

Subscribe for the biggest stories in the business of sports and entertainment, daily.

Khalil Mack Contract Details & Salary

All dollar figures via Spotrac.

Length: 6 years
Total value: $141,000,000
Average annual value: $23,500,000
Guaranteed money: $90,000,000
Free agency: 2025

2022 salary: $17,750,000
2022 salary cap hit: $17,750,000
2022 dead cap: None ($5,500,000 roster bonus vests March 18)

2023 salary (non-guaranteed): $22,900,000

2024 salary (non-guaranteed): $23,250,000

Khalil Mack Trade Salary Cap Impact

As of March 11, 2022.

Chicago Bears

2022 salary cap space: $28,973,225
Active contracts: $140,931,351
Dead money: $39,995,424
Total salary cap usage: $180,926,775

Los Angeles Chargers

2022 salary cap space: $24,327,843
Active contracts: $191,014,325
Dead money: $457,832
Total salary cap usage: $191,472,157

The signal from GM Ryan Poles here that the Chicago Bears are headed for a rebuild. Competing in the NFC North is a tough proposition, and they’ve ultimately decided in firing head coach Matt Nagy and moving on from big-money Mack that their current setup didn’t put them in the right position to commit with Aaron Rodgers, Davante Adams, and the Packers.

There are still decisions to make beyond this one at the dawn of the Matt Eberflus era, however — wide receiver Allen Robinson is one of the highest-profile free agents on the board this offseason, and Chicago opted not to use the franchise tag to guarantee his return for at least one more year.

Bears-Chargers Khalil Mack Trade Details

Los Angeles Chargers get:

  • EDGE Khalil Mack

Chicago Bears get:

  • 2022 second-round pick
  • 2023 sixth-round pick
Stay Ahead of the Game, Get Our Newsletters

Subscribe for the biggest stories in the business of sports and entertainment, daily.

Sam Dunn

Sam Dunn is the Managing Editor of Boardroom. Before joining the team, he was an editor and multimedia talent for several sports and culture verticals at Minute Media and an editor, reporter, and site manager at SB Nation. A specialist in content strategy, copywriting, and SEO, he has additionally worked as a digital consultant in the corporate services, retail, and tech industries. He cannot be expected to be impartial on any matter regarding the Florida Gators or Atlanta Braves. Follow him on Twitter @RealFakeSamDunn.

About The Author
Sam Dunn
Sam Dunn
Sam Dunn is the Managing Editor of Boardroom. Before joining the team, he was an editor and multimedia talent for several sports and culture verticals at Minute Media and an editor, reporter, and site manager at SB Nation. A specialist in content strategy, copywriting, and SEO, he has additionally worked as a digital consultant in the corporate services, retail, and tech industries. He cannot be expected to be impartial on any matter regarding the Florida Gators or Atlanta Braves. Follow him on Twitter @RealFakeSamDunn.