Chris Jones' Reported Contract Numbers Prove Chiefs are All-In on Three-Peat

Chris Jones' record-setting contract extension gives Brett Veach cap flexibility in the short-term
Chris Jones' record-setting contract extension gives Brett Veach cap flexibility in the short-term / Lucas Peltier-USA TODAY Sports

The Chiefs made the splash of the weekend in NFL circles when they gave star defender and three-time Super Bowl champion Chris Jones a record-setting five-year extension that'll make him the highest-paid interior defensive lineman in league history.

Initial details of the specific cap hits each year of the contract weren't immediately reported but we have that information now. It appears the Chiefs are determined to field the best team possible in 2024-25 as they look to become the first team to ever win three consecutive Super Bowls, as Jones' contract is back-loaded with only a modest cap hit in the first year.

Here are the numbers:

Chris Jones Updated Contract Numbers Gives Brett Veach Options in Free Agency

Per OverTheCap, Jones will only carry a $7.3 million cap hit this upcoming season. Coming into the negotiations, it looked like his cap hit could exceed $30 million. With the roughly $30 million salary cap boost that suddenly was announced, Veach now has plenty of room to work with to add free agency pieces or re-sign key Chiefs players.

The Chiefs already extended Drue Tranquill, though all eyes are now on the L'Jarius Sneed situation. Kansas City placed the franchise tag on Sneed but both sides are listening to trade offers in case Sneed lands a long-term extension elsewhere.

It's seemed likely that Sneed would ultimately be traded. However, it's a lot more manageable to keep him on the $19+ million tag now that the Chiefs have so much extra cap space. If the organization decided to hang onto Sneed for one more Super Bowl run, they now have that flexibility.

Of course, that cap room could also be used to draw in a star player like Calvin Ridley or shore up other positions.

It's unclear what direction Veach will go. Thanks to the nature of Jones' contract though, he's got his fair share of options.

The Chiefs are +650 to win the Super Bowl, representing the second-best odds behind the 49ers. Now with all this extra cap space, Kansas City could soon find itself as the favorites, especially if they land a couple of more impact players.

Jones landed a monster payday and you can too with FanDuel Sportsbook's $150 sign-up bonus available today! New users who deposit at least $10 and bet $5 or more on any game will get an extra $150 in bonus bets if the wager wins. Celebrate the big extension accordingly - sign up for FanDuel now!

More Kansas City Chiefs News: