Chiefs Tag Sneed and Grant him permission to seek trade.

[DenverChief]

BREAKING: The #Chiefs have placed the franchise tag on CB L'Jarius Sneed, sources tell @BleacherReport. It will cost a little over $19M.

Kansas City’s priority is to extend Chris Jones for now and they’ll see what happens with Sneed after. pic.twitter.com/RBfalU55bd

— Jordan Schultz (@Schultz_Report) February 28, 2024

The Kansas City Chiefs could be saying goodbye to one of their defensive stars.

The Chiefs have granted cornerback L'Jarius Sneed permission to seek a trade, NFL Network Insider Ian Rapoport reported on Wednesday. Rapoport added the Chiefs could elect to use their franchise tag on Sneed ahead of next Tuesday's deadline and then trade the fourth-year defensive back.

If Kansas City does indeed tag Sneed by the March 5 deadline, the organization will have until mid-July to either lock him into a larger extension or presumably make good on its word and trade him. The one-year franchise tag for cornerbacks is set at $19.8 million for the 2024 season.

The 2020 fourth-rounder has blossomed into a stud for the Chiefs during his rookie contract, developing a reputation for sticky coverage with 10 interceptions, 40 passes defensed, four forced fumbles and 6.5 sacks in his career.

Teams are sure to come calling, but they'll have to compete with the K.C.'s negotiating power and the lure of sticking it out with the team that drafted him to make a run at a Super Bowl three-peat.

https://www.nfl.com/news/chiefs-gran...-to-seek-trade

[Nirvana58]

Originally Posted by Smed1065

I would still like to keep him this year. 3Peat.

That is kind of where I am at. Unless we get a first round pick. Let him play on the tag and at worst get a 3rd comp pick when he leaves next year.

[TambaBerry]

we have to trade him, we have no money

[smithandrew051]

I’m bored and want news about the Chiefs

[Bowser]

Originally Posted by ntexascardfan

Could we get away with Sneed + 32 for the Colts 15?

Their 46 feels more realistic.

Feels like we would be the ones getting fleeced if we gave up LJ + 32 for 15, but I'll admit I'm no first round value afficionado, either.

46 wouldn't be enough, imho.

[Wisconsin_Chief]

Originally Posted by Nirvana58

That is kind of where I am at. Unless we get a first round pick. Let him play on the tag and at worst get a 3rd comp pick when he leaves next year.

Agreed. A lot of people keep saying Sneed wouldn't play on the tag, but I bet he would. $19 million is a shit ton of money, especially for a guy who was only a 4th round pick. Plus, he doesn't strike me as the type who would sit out.

I know the Chiefs want to do right by him, but damn it I want to keep him. At least for one more season. With his play style, there would be risks for him playing under the tag but that's the name of the game. If we're only getting a 2nd anyway, just let him go next year and take the 3rd round comp pick.

Now if the bidding gets intense and we can land a 1st rounder, I might change my tune.

[Renegade]

Originally Posted by TambaBerry

we have to trade him, we have no money

I don't know how this exactly works, but if we don't find a trade partner, can we just remove the tag?

[Jerm]

Originally Posted by Bowser

Feels like we would be the ones getting fleeced if we gave up LJ + 32 for 15, but I'll admit I'm no first round value afficionado, either.

46 wouldn't be enough, imho.

In what world would we be getting fleeced lol?

Trading our 1st and 2nd would get us around pick 19-20...we'd probably have to give that up plus Sneed to even get them to think about it.

[Bowser]

Originally Posted by Renegade

I don't know how this exactly works, but if we don't find a trade partner, can we just remove the tag?

We could, but that might be career suicide for a GM to let a player of Sneed's caliber walk away while getting zero compensation for him. Veach has money in the bank with the Clarks, but still....

[Jerm]

Originally Posted by Wisconsin_Chief

Agreed. A lot of people keep saying Sneed wouldn't play on the tag, but I bet he would. $19 million is a shit ton of money, especially for a guy who was only a 4th round pick. Plus, he doesn't strike me as the type who would sit out.

I know the Chiefs want to do right by him, but damn it I want to keep him. At least for one more season. With his play style, there would be risks for him playing under the tag but that's the name of the game. If we're only getting a 2nd anyway, just let him go next year and take the 3rd round comp pick.

Now if the bidding gets intense and we can land a 1st rounder, I might change my tune.

That tag number is an albatross for a CB, I don't care who it is...you can't keep Sneed on it, sign Jones, and fill the other holes we have.

Something has to give.

[Bowser]

Originally Posted by Jerm

In what world would we be getting fleeced lol?

Trading our 1st and 2nd would get us around pick 19-20...we'd probably have to give that up plus Sneed to even get them to think about it.

Just feels like a lot to give up considering what Sneed could potentially bring back in a trade. All depends on who they're targeting, of course.

[philfree]

Originally Posted by Chris Meck

Yeah, it's like being claimed on waivers. Any team can claim a player off of another team's practice squad. I think they have to keep them on their 53, though or they lose their rights to the player.

I have a vague remembrance of a player choosing to stay on a teams practice squad instead of going to another teams 53. I'm old and it's kind of foggy though or maybe my mind is playing tricks on me. Most players want the pay raise but I could see a guy like Pennel sitting tight if it's possible.

Edit: I googled and here's the answer from AI.

General knowledge AI bot that excels at answering challenging questions
Nov 30
Players on an NFL practice squad cannot stop themselves from being claimed by another team if that team wants to sign them to their active roster. However, if a player is offered a contract by another team, they can decide not to sign it and remain on their current practice squad.

[PHOG]

Originally Posted by Dante84

Expanded the list of possible options to include those with rumored interest

Cardinals have 3 picks in the top 35 (#4,#27,#35)
Lions have #29 & #61
Commanders have 3 picks in the top 40 (#2,#36,#40)
Packers have #25,#41,#58
Dolphins have #21 & #55
Bears have #1, #9 (& might move Fields to ATL for #43)
Giants have #6, #39, and #47
Vikings have #11 & #42
Titans have #7 & #38
Jaguars have #17 & #48
Falcons have #8 & #43
Colts have #15 & #46

It would be my preference not to trade him to an AFC team. I like being in Super Bowls.

[Jamie]

Originally Posted by philfree

I have a vague remembrance of a player choosing to stay on a teams practice squad instead of going to another teams 53. I'm old and it's kind of foggy though or maybe my mind is playing tricks on me. Most players want the pay raise but I could see a guy like Pennel sitting tight if it's possible.

Edit: I googled and here's the answer from AI.

I'm pretty sure you were right originally, practice squad players don't have to go to another team if they don't want to. It's not like waivers, they're more like semi-free agents.

[ntexascardfan]

Originally Posted by Bowser

Just feels like a lot to give up considering what Sneed could potentially bring back in a trade. All depends on who they're targeting, of course.

You're going to be upset when we only get a second rounder for Sneed.

[VAChief]

Originally Posted by ntexascardfan

You're going to be upset when we only get a second rounder for Sneed.

I'm hoping for as low a 2nd as we can get and another top 100 pick.