Kelce restructures contract to clear 3.455M in cap space

[-King-]

The Chiefs have restructured the contract of All Pro TE Travis Kelce, converting base salary into a signing bonus to clear $3.455M in cap space, per source.

— Field Yates (@FieldYates) October 18, 2022

Let the speculation begin!

[ChiTown]

Originally Posted by OKchiefs

No, cutting Frank clears $19.6 million. He will have $9 million in dead money unless they spread it out as a post June 1st cut.

They save $21MM by cutting him next year, with +9MM in Dead Cap
https://www.spotrac.com/nfl/kansas-c...k-clark-16787/

[Woogieman]

Originally Posted by Gravedigger

Pretty obvious it's a WR or a pass rusher. With three healthy RBs on the roster, regardless if they're lackluster in their own ways, adding another RB to that room to cut one of them would be something I don't think Andy capable of doing. It would be a business decision, but pretty cold to replace one of our RBs with a lackluster Cam Akers or an injury proned CMC.

...and don't forget our lackluster 4th string RB!

[Woogieman]

I remember in the FA period, someone said Quinn is only good every other year...sure as hell looks like a sage. 1 sack so far, 2 TFL

[Blaker32]

This a contract year for Chris Jones so he will not play for the 27 million cap hit next year. I would think a new contract would save the Chiefs 20 million on his hit, cutting Clark saves 20 million, add in the 20 million we are clear heading into next season and we should have 60 million to start with. That doesn't even include Mahomes 34 million roster bonus that could be converted and spread out as a signing bonus. That's over 90 million in 3 moves.

[dirk digler]

hmmm. Chris Simms says he is hearing the Chiefs are going to make a run at OBJ.

The news broke during Tuesday’s PFT Live that the Chiefs have restructured the contract of tight end Travis Kelce to create some much-needed cap space. Much needed for what?

Chris Simms said he’s heard the Chiefs are thinking about making a run at receiver Odell Beckham, Jr. That would make a ton of sense. Someone is going to get him. It undoubtedly will be a contender. Why not be the contender who gets him, since that means a competitor won’t?

“bUT hE’s NoT HeAlTHy!” some will say, and have said. Sure, he’s not yet cleared to play after suffering a torn ACL in the Super Bowl. But he’s getting there. And anyone who waits until he does, isn’t going to get him.

The key will be to move at the right time, and the right time will arrive before OBJ is 1oo-percent healthy. The early bird gets the worm. He who hesitates has lost. You snooze, you lose. Shit or get off the pot. Whatever the cliche, sayings become cliche because they’re time-honored and true.

The truth could be that the Chiefs are looking to add OBJ to a good-to-great receiving corps that will get a lot better if he’s healthy and effective. And the net gain becomes even greater, given that the Chiefs signing him means that, for example, the Bills won’t.

[ToxSocks]

With what money?

[htismaqe]

Originally Posted by Detoxing

With what money?

The cap is fairly easy to manipulate when you want to.

[Marcellus]

Originally Posted by htismaqe

The cap is fairly easy to manipulate when you want to.

I seem to remember hearing we could restructure Mahomes deal as well and free up a bunch of $. It was somewhat speculated to happen prior to the start of this year if I recall correctly.

[TribalElder]

I will never understand the fascination with obj

[-King-]

Originally Posted by TribalElder

I will never understand the fascination with obj

[RetiredSeniorChief]

Originally Posted by dirk digler

hmmm. Chris Simms says he is hearing the Chiefs are going to make a run at OBJ.

Chiefs need a deep threat, just not so sure it should be this guy.

[ToxSocks]

Originally Posted by TribalElder

I will never understand the fascination with obj

He's a spectacular player when he's healthy.

[loochy]

Originally Posted by RetiredSeniorChief

Chiefs need a deep threat, just not so sure it should be this guy.

yeah, kinda old, kinda brokedickish, expensive

[O.city]

IIRC, they went after him last year too.

[myselff77]

Originally Posted by Balto

Panthers get:
1st round pick
Hardman

Chiefs get:
Moore

See what I'm saying?

I see, but based on many opinions of Hardman around here, I think the trade scenario would work more like this:

Panthers get:
1st Round Pick
2nd Round Pick

Chiefs Get:
Moore

Or if the Chiefs want to include Hardman to free up cap space:

Panthers Get:
1st Round Pick
2nd Round Pick
7th Round Pick
Hardman

Chiefs Get:
Moore

I guess my point is, tanking teams don't want fringe replacement level players. They value draft picks to rebuild. If a team is tanking and have a roster need, they will just activate a player from the practice squad who at least already knows their system. Hardman doesn't add value to a tanking team mid-season.