The Chiefs cleared some cap space. Is there a move on the horizon?

 34 replies

The Chiefs worked this weekend to clear $10M in cap space. Is there a move on the horizon? We take a look at potential players the Chiefs could be considering.

Brett Veach worked with Hitchens and Fisher over the weekend to convert some of their salary into bonuses ($4.27M and $6.36M, respectively) which cleared $10.63M in cap space. As of now, according to Spotrac, the Chiefs have $23.7M in cap space for 2019. Some speculated that with WR Byron Pringle being released, we were on the verge of bringing in someone. However, that turned out to just be a procedural move to add DAT back to the roster (and Pringle was added to the practice squad). And yet, we still have all of this cap space – so what are we going to use it for?

There are a couple of possibilities, some more probable than the others. The Chiefs are going to trade for someone, possibly a CB. Or, they’re close to finalizing a deal with Chris Jones (or, they’re prepping to give Mahomes a $200M contract next year by rolling the saved cap over). Let’s a take a look at what would happen if they decided to trade for a CB and how that could impact the cap. Then we’ll come crashing back to reality and see what a contract with Jones could do to the cap.

Embed from Getty Images

Minkah Fitzpatrick

A 1st round pick (11th overall) by Miami in 2018, Fitzpatrick entered the league out of Alabama. He has been grading out as one of the best in the rookie class over the course of last year. He even graded out higher than the likes of Chris Harris Jr. and Robey-Coleman when targeted in the slot. However, with all the chaos in Miami, Fitzpatrick has been pretty vocal about how the defense has been playing him in multiple positions (including Strong Safety and multiple Linebacker positions) during games. The greatest part about Fitzpatrick is he is in his SECOND year of a rookie contract. It’s even reported that Miami has already paid 64% of his 4 year contract. On the flip side, Miami is apparently wanting a 1st round pick to trade him. Miami has allowed Fitzpatrick to actively seek a trade but due to the high asking price, most think that it won’t happen. Some think that Miami can get talked down to a 2nd rounder and currently the Chiefs only have one of those after the Frank Clark trade. It’s possible Veach gives them a call but I won’t hold my breath.

Embed from Getty Images

Patrick Peterson

It seems like there have been pretty consistent rumors of a Patrick Peterson to KC trade for the last couple of years. Unfortunately, Peterson picked up a 6 game suspension for violating the NFL’s PED policy. Even so, Pat Pete is one of the best at his position and could be a massive upgrade to the Chiefs. Coming in week 7 would be a big advantage as he’d be able to help them down the stretch. Although, if a trade were to occur, we may not see him until week 8 since the Chiefs play at Denver on TNF giving them a short week to prepare.

With Peterson’s contract, the Chiefs would be on the hook for a cap hit of $7.11M this year. His base salary was $11M but then he forfeited $3.8M of that due to the suspension. That is a pretty nice number that they could work into their current cap space and still have room for a possible Jones extension (more on that below) and leftover cash for any emergency signings. Keep in mind that his cap hit doesn’t start affecting the team until his suspension is over after week 6.

Embed from Getty Images

Xavien Howard

As mentioned with Fitzpatrick, the Dolphins are in “We’re not tanking, we’re just tanking” mode, per head coach Brian Flores. Outside of Fitpatrick, several other players have approached their agents about being traded. Although, it was reported that Miami values Howard and he has requested to stay in Miami after signing a 5 year $75M extension this past May. However, if a team that is on the cusp of going to the Superbowl were to call – perhaps his thoughts would change. Adding Howard to the roster would cost the Chiefs a $8.3M cap hit plus quite a hefty amount of draft picks I’m sure.

Embed from Getty Images

AJ Bouye

Bouye has established himself as a reliable corner and has been a big contributor to a Jags defense that helped carry Bortles to an AFCCG less than 2 years ago. Having signed an extension in 2017, he only has a couple years left on his contract with the Jags and would come at a cost of $13.4M to the Chiefs this year. That would give the Chiefs just over $11.6M for the rest of the year. With a cap hit of roughly the same size next year, they could handle it (with a projected $40M in cap space next year) but they’ve also got to consider the Jones extension (or franchise tag) and the looming extension of Patrick Mahomes.

Embed from Getty Images

Jalen Ramsey

The other enemy this past weekend was Ramsey who does a lot of squawking for someone who was torched 2 years in a row by the Chiefs. That being said, Ramsey is still one of the best CBs in the league. Perhaps he’d love to be in a position where he doesn’t have to cover the Chiefs and can help them make a deep playoff run. Adding him would cost the Chiefs just $3.6M. That is an awfully low number compared to the cap space that they just added so I doubt this is the move they’re going for.

Embed from Getty Images

Darius Slay

Perhaps a little underrated, Slay has been one of the most consistent CBs in the league for the last 5 years. According to PFF, he’s one of three CBs to play 500 single coverage snaps and still average a 70.0 or better grade – the other two being Chris Harris Jr. and Casey Hayward Jr. Slay only has this year and next left on his contract with the Lions so this could potentially be a move the Chiefs are looking into. He wouldn’t be cheap, costing $12.8M against the cap this year and just as much next year.

Embed from Getty Images

Xavier Rhodes

There were several rumors during the offseason that the Chiefs might be pursuing Rhodes from the Vikings. Surprisingly, the Chiefs ended up trading CB Mark Fields to the Vikings instead. However, Rhodes is nearing 30 and had some injury issues last year but seemed to return to his old ways against the Falcons this week. Rhodes comes with some pretty large cap hits and getting him this year it would cost the Chiefs $10.8M – oddly, nearly identical to the cap space they just created.

Embed from Getty Images

Marcus Peters

After shipping him off for only a 2018 4th round pick (Armani Watts) and a 2019 2nd round pick (Mecole Hardman) is it possible that the Chiefs would try to bring Peters back? Absolutely not – but crazier things have happened. If they somehow felt like the relationship had been repaired and Peters was willing to work with DC Steve Spagnuolo, it would come at a cost of $9.1M this year. Not a terrible price and under the amount that they just cleared. Although I’d see it as near impossible to get Clark Hunt on board with it.

Final Thoughts On CBs

The Defense looked better at times this year than they did last year, which doesn’t really say much. Perhaps some legitimate playing time together will help clean up a few issues but CB still looks to be a glaring weak spot on the Defense (although Tre LyDay will try to persuade you otherwise). The Chiefs could make a trade for any of the guys mentioned above, but it’s going to cost them quite a bit. Although, Brett Veach has shown that he’s not above trading draft picks away to get the guy they want. And you can’t be judged on your first round pick selections if you keep trading them away. With Patrick Mahomes, the Chiefs are in a ‘win-now’ mode so making a splash by trading for a CB doesn’t seem too far fetched. Then again, it’s going to cost them a bit.

Embed from Getty Images

A Chris Jones Extension?

The other major possibility, and most likely explanation, is that the Chiefs and Jones are close to having a contract that both sides agree on. We all remember that Jones sat out the early portion of the offseason program but reported to Training Camp on time. So if they are close to a deal, what would that look like?

Using Spotrac, you have the ability to see what a player’s market value is. I’m not sure how accurate that is but it suggests that Chris Jones could command an average of $18M per year. That would put him up there close to Aaron Donald’s contract ($22M per year) and above Grady Jarrett ($17M per year). Their suggested contract would be 5 years $90.3M. This seems low as it was reported that Jones was wanting Fletcher Cox money (6 years $102M – but signed in 2016). I think the more realistic deal would be close to 5 years $110M which would get Jones to the $22M per year mark.

There are plenty of options for Veach to choose from so all that’s left for us to do is wait and see what happens. What do you think the Chiefs should do with the money?

34
Leave a Reply

Please Login to comment
11 Comment threads
23 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
22 Comment authors
SCKSChiefdavisavBleedingRedAndGoldZ00keeperPelletman Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
SCKSChief
SCKSChief

Looks like Minkah to Pittsburgh might be happening. Honestly, I think KC needs MLB help more than anything. However, a lockdown corner would be fantastic. Would love Ramsey, Buoye, or Slay. Howard is likely going to be too expensive…unless KC could package some existing players and use later round picks.

Everest

I wouldn’t entirely write Ramsey off solely on the basis of his low current cap number. You have to think that any team giving up draft capital to trade for him is planning to extend him as well, and that extension will have been worked out prior to the trade.

Tarkus

Unless it’s the Texans. They like trading for guys near the end of their contract without working out a new deal first.

Z00keeper
Z00keeper

Smacks of desperation. That team is gonna run into trouble real quick making those kinds of “deals”

Cheat Code
Cheat Code

Fitzpatrick would be a steal as either our first or second round pick.

BoJest
BoJest

A first round draft pick by the Chiefs for Fitzpatrick wouldn’t be much higher then someone’s high second round pick.

CHIEFSandSABRES

I like the way you think!

Tarkus

A Jones extension wouldn’t raise this year’s cap hit much, so they’re not going to create all that cap space for that.

I think it’s likely not for anything or anyone specific, but just to have the flexibility to make any trades they want. If they can work something out, great. If not, they can roll it over into next year. I don’t think it means anything is imminent, though.

Everest

This would be a pretty huge blunder. By restructuring Fisher and Hitchens they pushed a bunch of money back into later years and made both harder to move on from dead money wise should something happen. This is how you put yourself in salary cap hell. If they did it for no reason they made a huge mistake. Having it as a tool at your disposal is great but only use it if you need to. There has to be a move coming, Veach isn’t that incompetent.

starry1

I would love to have MP22 back, but locking up Jones is more important.

DaChefs
DaChefs

He still plays way too far off the ball and watched McCaffrey run right by him into the end zone. That’s gonna be a know for me dawg.

davisav
davisav

Seriously? NO WAY!

CHIEFSandSABRES

If they brought Marcus Peters back that would be the funniest stuff in the world. No way it happens, but we can all wish.

jmgunn0124
jmgunn0124

But why would the rams want to get rid of him?

CHIEFSandSABRES

I don’t know. They played in the Super Bowl last year, doubt they are in a hurry to blow up their roster just yet.

jmgunn0124
jmgunn0124

Ya they should still be super bowl contenders. I don’t know their roster super well but I can’t imagine them wanting to let him go – especially to someone they are likely to meet in the super bowl.

CHIEFSandSABRES

I think Veach should be pursuing anyone and everyone on that list. Make. Something. Happen.

BleedingRedAndGold

Do you want him to overpay for the guy? Because that’s how you overpay for guys.

Everest

Seems like they (stupidly) chose Bob Sutton over Peters at the time. With Sutton gone it’s not impossible.

It never seemed like Reid had an issue with Peters (nor Peters with Reid). Marcus is an extremely intelligent football player who lost all respect for Sutton’s system (from comments after Sutton left he wasn’t alone), and handled it poorly. I’d take him back in a heartbeat, his play style fits Spags system perfectly and he’d be a beast with teams being forced into passing to keep pace with Mahomes.

Pelletman
Pelletman

yuk

davisav
davisav

No thanks…

jmgunn0124
jmgunn0124

I actually think Slay would be my favorite grab. I hadn’t even considered that he might be an option

Slim
Slim

I had the exact same thought

Chickennpickles
Chickennpickles

If I had the choice, I think Slay or Fitzpatrick would probably work out best for the team. I really don’t know if either is worth the money and/or loss of draft picks though. I’m looking forward to seeing how Claiborne works out once he’s allowed to play.

jmgunn0124
jmgunn0124

I wouldn’t think slay with 2 years left would be too terribly expensive. The lions can’t possibly think they have a chance this year. They tied the cardinals, watched the Vikings destroy the falcons, and saw the bears and packers beat the crap out of each other. Lions are bottom of their division, they should sell while they can.

Slim
Slim

If he stays a Lion he’s almost retirement age.

slackator
slackator

No to the last one, we have enough safeties on this team already

Simtex
Simtex

maybe to sign another LT after fisher got hurt in practice.

legal_kush
legal_kush

Line Sherman up at LT and make him eligible every play.

Simtex
Simtex

Fisher heard he was being traded with a 3rd to the Phins for both of there corners. So he injured himself.

Mitko

How pissed will everyone be when Veach trades for a $10 mil WR?