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2024 Chiefs Contracts: A Year-by-Year Breakdown

Trends January 09, 2025

Chiefs Contracts 2024: What You Need to Know

The Kansas City Chiefs are coming off a disappointing season in 2023, missing the playoffs after a 9-8 record. However, the Chiefs have a number of key players set to become free agents in 2024, including quarterback Patrick Mahomes, wide receiver JuJu Smith-Schuster, and defensive tackle Chris Jones.

The Chiefs will need to make some tough decisions about which players to re-sign and which players to let go. Mahomes is the Chiefs' franchise quarterback and is likely to receive a massive contract extension. Smith-Schuster is a key part of the Chiefs' offense and is also likely to receive a new contract. Jones is one of the best defensive tackles in the NFL and will likely be a priority for the Chiefs to re-sign.

The Chiefs have a number of other players set to become free agents in 2024, including wide receiver Mecole Hardman, running back Jerick McKinnon, and safety Justin Reid. The Chiefs will need to decide which of these players they want to keep and which players they can afford to let go.

The Chiefs have a lot of work to do this offseason, but they have a number of talented players set to become free agents. The Chiefs will need to make some tough decisions, but they have the potential to be a contender in 2024.

Chiefs Contracts 2024

The Kansas City Chiefs have a number of key players set to become free agents in 2024, including quarterback Patrick Mahomes, wide receiver JuJu Smith-Schuster, and defensive tackle Chris Jones. The Chiefs will need to make some tough decisions about which players to re-sign and which players to let go.

Mahomes' contract: Mahomes is the Chiefs' franchise quarterback and is likely to receive a massive contract extension.
Smith-Schuster's contract: Smith-Schuster is a key part of the Chiefs' offense and is also likely to receive a new contract.
Jones' contract: Jones is one of the best defensive tackles in the NFL and will likely be a priority for the Chiefs to re-sign.
Hardman's contract: Hardman is a talented wide receiver who is set to become a free agent in 2024. The Chiefs will need to decide whether to re-sign Hardman or let him test the free agent market.
McKinnon's contract: McKinnon is a solid running back who has been a valuable contributor to the Chiefs' offense. The Chiefs will need to decide whether to re-sign McKinnon or find a cheaper option in free agency.
Reid's contract: Reid is a versatile safety who has been a key part of the Chiefs' defense. The Chiefs will need to decide whether to re-sign Reid or let him test the free agent market.
Chiefs' salary cap: The Chiefs will need to be mindful of their salary cap situation when making decisions about which players to re-sign. The Chiefs are currently projected to be over the salary cap in 2024, so they will need to make some tough decisions about which players to keep and which players to let go.

1. Mahomes' contract

Patrick Mahomes is one of the best quarterbacks in the NFL, and he is the Chiefs' franchise player. He is entering the final year of his rookie contract in 2023, and the Chiefs are expected to give him a massive contract extension before the start of the season.

Mahomes' contract extension will be one of the most important factors in determining the Chiefs' success in the 2024 season and beyond. If the Chiefs can sign Mahomes to a long-term deal, it will give them stability at the quarterback position and allow them to build a contending team around him.

However, if the Chiefs are unable to sign Mahomes to a long-term deal, it could have a significant impact on their ability to compete in the future. Mahomes is one of the most dynamic and exciting players in the NFL, and losing him would be a major blow to the Chiefs' offense.

The Chiefs are expected to make Mahomes the highest-paid player in the NFL, and he is worth every penny. He is a generational talent, and he is the key to the Chiefs' success.

2. Smith-Schuster's contract

JuJu Smith-Schuster is a key part of the Chiefs' offense, and he is likely to receive a new contract in 2024. Smith-Schuster is a versatile wide receiver who can line up in the slot or on the outside. He is also a good blocker and returner. In 2022, Smith-Schuster had 78 catches for 898 yards and 3 touchdowns. He also had 11 carries for 53 yards and 1 touchdown.

Smith-Schuster's production: Smith-Schuster is a productive wide receiver who has been a key part of the Chiefs' offense since he joined the team in 2022. He has good hands, runs good routes, and is a tough blocker.
Smith-Schuster's versatility: Smith-Schuster is a versatile wide receiver who can line up in the slot or on the outside. He is also a good blocker and returner. This versatility makes him a valuable asset to the Chiefs' offense.
Smith-Schuster's contract status: Smith-Schuster is entering the final year of his rookie contract in 2023. He is set to become a free agent in 2024, and the Chiefs are expected to sign him to a new contract before the start of the season.

Smith-Schuster's new contract is likely to be a significant one. He is one of the best young wide receivers in the NFL, and he is only going to get better. The Chiefs will need to pay him like one of the best wide receivers in the NFL, and they are likely to do so.

Smith-Schuster's new contract will have a significant impact on the Chiefs' salary cap. The Chiefs are already projected to be over the salary cap in 2024, so they will need to make some tough decisions about which players to keep and which players to let go. However, Smith-Schuster is a player that the Chiefs will want to keep, and they are likely to find a way to make his contract work.

3. Jones' contract

Chris Jones is one of the best defensive tackles in the NFL, and he will likely be a priority for the Chiefs to re-sign in 2024. Jones is a disruptive force on the defensive line, and he is one of the best pass-rushers in the NFL. He is also a good run-stopper, and he is a key part of the Chiefs' defense.

Jones is entering the final year of his contract in 2023, and he is set to become a free agent in 2024. The Chiefs will need to make a decision about whether to re-sign Jones or let him test the free agent market.

If the Chiefs re-sign Jones, it will be a significant investment. Jones is one of the highest-paid defensive tackles in the NFL, and he is likely to command a large contract extension.

However, Jones is worth the investment. He is one of the best players on the Chiefs' defense, and he is a key part of their success. The Chiefs would be foolish to let him walk in free agency.

The Chiefs' decision about Jones' contract will have a significant impact on their future. If they re-sign Jones, it will give them one of the best defenses in the NFL. However, if they let Jones go, it will leave a big hole in their defense.

4. Hardman's contract

The Chiefs have a number of key players set to become free agents in 2024, including quarterback Patrick Mahomes, wide receiver JuJu Smith-Schuster, and defensive tackle Chris Jones. Hardman is another key player who is set to become a free agent in 2024, and the Chiefs will need to make a decision about whether to re-sign him or let him test the free agent market.

Hardman's production: Hardman has been a productive wide receiver for the Chiefs since he was drafted in the second round of the 2019 NFL Draft. In 2022, Hardman had 59 catches for 735 yards and 6 touchdowns. He also had 10 carries for 115 yards and 1 touchdown.
Hardman's versatility: Hardman is a versatile wide receiver who can line up in the slot or on the outside. He is also a good blocker and returner. This versatility makes him a valuable asset to the Chiefs' offense.
Hardman's contract status: Hardman is entering the final year of his rookie contract in 2023. He is set to become a free agent in 2024, and the Chiefs will need to make a decision about whether to re-sign him or let him test the free agent market.

The Chiefs' decision about Hardman's contract will have a significant impact on their future. If they re-sign Hardman, it will give them a young and talented wide receiver who can be a key part of their offense for years to come. However, if they let Hardman go, it will leave a hole in their offense that will need to be filled.

5. McKinnon's contract

McKinnon's contract is one of several key decisions the Chiefs will need to make in 2024. The Chiefs have a number of other running backs on their roster, including Clyde Edwards-Helaire and Isiah Pacheco. However, McKinnon is the Chiefs' most experienced running back, and he is a valuable contributor to the offense.

McKinnon's production: McKinnon has been a productive running back for the Chiefs since he joined the team in 2021. In 2022, McKinnon had 111 carries for 563 yards and 5 touchdowns. He also had 41 catches for 312 yards and 2 touchdowns.
McKinnon's versatility: McKinnon is a versatile running back who can line up in the backfield or in the slot. He is also a good blocker and receiver. This versatility makes him a valuable asset to the Chiefs' offense.
McKinnon's contract status: McKinnon is entering the final year of his contract in 2023. He is set to become a free agent in 2024, and the Chiefs will need to make a decision about whether to re-sign him or let him test the free agent market.

The Chiefs' decision about McKinnon's contract will have a significant impact on their future. If they re-sign McKinnon, it will give them a solid running back who can be a key part of their offense for years to come. However, if they let McKinnon go, it will leave a hole in their offense that will need to be filled.

6. Reid's contract

Justin Reid is a versatile safety who has been a key part of the Chiefs' defense since he joined the team in 2018. Reid is a good tackler and cover man, and he is also a valuable contributor on special teams. In 2022, Reid had 82 tackles, 3 interceptions, and 1 forced fumble. He also had 10 special teams tackles.

The Chiefs are expected to make a decision about Reid's contract before the start of the 2024 season. Reid is entering the final year of his contract, and he is set to become a free agent in 2025. The Chiefs will need to decide whether to re-sign Reid or let him test the free agent market.

If the Chiefs re-sign Reid, it will give them a solid safety tandem for the future. Reid is a young and talented player, and he is only going to get better. However, if the Chiefs let Reid go, it will leave a hole in their defense that will need to be filled.

The Chiefs' decision about Reid's contract will have a significant impact on their future. If they re-sign Reid, it will give them one of the best safety tandems in the NFL. However, if they let Reid go, it will leave a big hole in their defense.

7. Chiefs' salary cap

The Chiefs' salary cap situation is a major factor that will impact their decisions about which players to re-sign in 2024. The Chiefs are currently projected to be over the salary cap in 2024, so they will need to make some tough decisions about which players to keep and which players to let go.

Salary cap implications
The salary cap is a limit on the amount of money that NFL teams can spend on player salaries. The salary cap is set by the NFL and is designed to ensure that all teams have a fair chance of competing. The Chiefs are currently projected to be over the salary cap in 2024, which means that they will need to make some tough decisions about which players to re-sign and which players to let go.
Roster decisions
The Chiefs' salary cap situation will also impact their roster decisions in 2024. The Chiefs will need to decide which players to re-sign and which players to let go in order to get under the salary cap. This could mean that some key players could be released or traded in order to create cap space.
Contract negotiations
The Chiefs' salary cap situation will also impact their contract negotiations with players. The Chiefs will need to be mindful of the salary cap when negotiating contracts with players, as they will need to ensure that they can fit the player's salary under the cap. This could mean that the Chiefs may need to offer players smaller contracts or shorter contract terms in order to fit them under the cap.
Long-term planning
The Chiefs' salary cap situation will also impact their long-term planning. The Chiefs will need to be mindful of the salary cap when making decisions about which players to re-sign and which players to let go, as they will need to ensure that they can build a competitive team for the future.

The Chiefs' salary cap situation is a major factor that will impact their decisions about which players to re-sign in 2024. The Chiefs will need to make some tough decisions about which players to keep and which players to let go in order to get under the salary cap and build a competitive team for the future.

Frequently Asked Questions about Chiefs Contracts 2024

Question 1: Which players are set to become free agents for the Chiefs in 2024?

Answer: The Chiefs have a number of key players set to become free agents in 2024, including quarterback Patrick Mahomes, wide receiver JuJu Smith-Schuster, defensive tackle Chris Jones, wide receiver Mecole Hardman, running back Jerick McKinnon, and safety Justin Reid.

Question 2: Which players are the Chiefs most likely to re-sign?

Answer: The Chiefs are most likely to re-sign quarterback Patrick Mahomes, wide receiver JuJu Smith-Schuster, and defensive tackle Chris Jones. These players are all key parts of the Chiefs' offense and defense, and the Chiefs will want to keep them in Kansas City for the long term.

Question 3: Which players are the Chiefs most likely to let go?

Answer: The Chiefs are most likely to let go of wide receiver Mecole Hardman, running back Jerick McKinnon, and safety Justin Reid. These players are all valuable contributors to the Chiefs, but they are not as essential as Mahomes, Smith-Schuster, and Jones.

Question 4: How will the Chiefs' salary cap situation impact their free agency decisions?

Answer: The Chiefs are currently projected to be over the salary cap in 2024, which means that they will need to make some tough decisions about which players to re-sign and which players to let go. The Chiefs will need to be creative in order to get under the salary cap and keep their key players.

Question 5: What are the Chiefs' long-term goals for their roster?

Answer: The Chiefs' long-term goals for their roster are to build a team that can compete for Super Bowls. The Chiefs have a number of young, talented players, and they will need to continue to add to their roster in order to reach their goals.

The Chiefs' 2024 free agency class is one of the most important in recent memory. The Chiefs have a number of key players set to become free agents, and they will need to make some tough decisions about which players to re-sign and which players to let go. The Chiefs' salary cap situation will also impact their free agency decisions. However, the Chiefs have a number of talented players on their roster, and they are well-positioned to make a run at the Super Bowl in 2024.

The Chiefs will continue to be one of the most talked-about teams in the NFL in 2024. With a number of key players set to become free agents, the Chiefs will have a lot of roster decisions to make. However, the Chiefs have a strong foundation, and they are well-positioned to make a run at the Super Bowl in 2024.

Chiefs Contracts 2024

The Chiefs' salary cap situation will also impact their free agency decisions. The Chiefs are currently projected to be over the salary cap in 2024, which means that they will need to make some tough decisions about which players to keep and which players to let go.

However, the Chiefs have a number of talented players on their roster, and they are well-positioned to make a run at the Super Bowl in 2024. The Chiefs' 2024 free agency class is one of the most important in recent memory, and the Chiefs will need to make some tough decisions about which players to re-sign and which players to let go. However, the Chiefs have a strong foundation, and they are well-positioned to make a run at the Super Bowl in 2024.