The Kansas City Chiefs have the No. 9 and No. 30 picks in this year’s NFL draft with clear needs on the offensive line, defensive line and secondary.
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And they did, he did that.
And they did, he did that.
He, he, he dangled, and, he said him coming back.
He, he, he dangled, and, he said him coming back.
They cut a deal.
They cut a deal.
but I don’t think he’ll come back for another season after this one.
but I don’t think he’ll come back for another season after this one.
I mean, that’s just my opinion.
I mean, that’s just my opinion.
obviously I could be 100% wrong, but s- so why don’t you try to break this down for our listeners there, Chico?
obviously I could be 100% wrong, but s- so why don’t you try to break this down for our listeners there, Chico?
I can’t.
I can’t.
I can’t break it down because I don’t know either.
I can’t break it down because I don’t know either.
It’s, what’d they call it?
It’s, what’d they call it?
They called it a poison pill.
They called it a poison pill.
They did.
They did.
which to me means that he’s guaranteed to come back next season, but there’s an opportunity to come back for two more seasons, but he doesn’t necessarily have to because they’ll just restructure after that first season.
which to me means that he’s guaranteed to come back next season, but there’s an opportunity to come back for two more seasons, but he doesn’t necessarily have to because they’ll just restructure after that first season.
Right.
Right.
But- Yeah, that is, that is the big thing to take away.
But- Yeah, that is, that is the big thing to take away.
If, if he decides to come back, this whole thing will be restructured.
If, if he decides to come back, this whole thing will be restructured.
What’s happening here is, is that, what’d you say, 57 million?
What’s happening here is, is that, what’d you say, 57 million?
Mm-hmm.
Mm-hmm.
So he signs a three-year contract for 57 million, but this is This, this whole thing is, is structured to kinda stick it to the cap, the way that they have built this thing.
So he signs a three-year contract for 57 million, but this is This, this whole thing is, is structured to kinda stick it to the cap, the way that they have built this thing.
So, yes, he’s gonna get 12 million.
So, yes, he’s gonna get 12 million.
He’s gonna get, three- he’s g- has the opportunity with three m- 3 million incentives.
He’s gonna get, three- he’s g- has the opportunity with three m- 3 million incentives.
But actually, when you look at the way this is structured, he only takes a cap hit of just under $5 million for the, for the 2026 season.
But actually, when you look at the way this is structured, he only takes a cap hit of just under $5 million for the, for the 2026 season.
So on paper, he’s only got a $5 million hit, okay?
So on paper, he’s only got a $5 million hit, okay?
If he doesn’t come back, that’s dead money of about th- three and a half million dollars for the next two seasons because of the way this contract’s structured.
If he doesn’t come back, that’s dead money of about th- three and a half million dollars for the next two seasons because of the way this contract’s structured.
But if he does come back, it essentially using creative cap maneuvers, such as the 50% rule and a later release date to help spread out the money owed to Kelce over the next three years, lowering the 2026 cap hit to under 5 million, while also limiting the dead money hit, they’d take on if, he were to be released or announce his retirement.
But if he does come back, it essentially using creative cap maneuvers, such as the 50% rule and a later release date to help spread out the money owed to Kelce over the next three years, lowering the 2026 cap hit to under 5 million, while also limiting the dead money hit, they’d take on if, he were to be released or announce his retirement.