According to the folks at OverTheCap, Reid’s contract with the Chiefs carries a total of $9.9 million in guaranteed salary over three seasons and a $10.5 million-dollar signing bonus prorated over the life of the contract. His cap hit in 2022 will be an affordable $4.55 million before ballooning to $12.7 million in 2023 and $14.2 million in 2024. The hope for the team is likely that the salary cap continues to balloon with new TV deals around the corner. The key here, however, was keeping that Year 1 cap number as low as possible.
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