3 Chiefs Cap Casualty Cuts to Save Millions This Offseason

3. WR Kadarius Toney — Cap Savings: $2.53 Million

Kadarius Toney's time in Kansas City has been a rollercoaster, to say the least.

One year ago, the former Florida Gator was a hero at Super Bowl LVII, recording an NFL-record 65-yard punt return that played a huge role in the win over the Philadelphia Eagles. The encouraging performance had Chiefs fans hoping he could take that next step forward with a full offseason with the team under his belt.

Instead, Toney was largely invisible throughout the 2023 campaign. Injuries — a common occurrence in his career — held him to just two starts across 13 appearances. With a lack of health weighing him down, the Mobile, AL native only managed to produce 169 receiving yards with a touchdown on 27 catches. His 66.7 passer rating when targeted was also the worst mark of his career.

To get a better understanding of how bad that performance was, Bailey Zappe and Jeff Driskel tallied passer ratings of 68.8 (50th) and 63.9 (51st), respectively, last season. In other words, Toney turns Mahomes into a QB of their caliber when he's targeted.

His abysmal performance was just one of several reasons why Toney was inactive at Super Bowl LVIII.

The Chiefs won't save any money if they release Toney before June 1, however, they can save his entire $2,530,842 salary by waiving him after that date. Yes, the money will be kicked back to 2025, but that's fine as it gives Kansas City some extra money and a roster spot to play around with this offseason.