Insider Reveals Why L'Jarius Sneed Hasn't Been Traded Yet

A new report suggests teams are struggling to agree to a potential extension with L'Jarius Sneed
A new report suggests teams are struggling to agree to a potential extension with L'Jarius Sneed / Denny Medley-USA TODAY Sports

The main question on Chiefs Kingdom's collective mind is whether or not L'Jarius Sneed will be traded. After Kansas City signed WR Hollywood Brown on Thursday, Sneed's situation is the only big conundrum without a solution thus far.

While several teams have made their interest in the star cornerback clear, one new report sheds light on why Sneed has not yet been traded.

According to Stephen Holder, who covers the Indianapolis Colts for ESPN, the issue has been with teams agreeing to a contract extension with Sneed following a potential trade. Here's the latest on the negotiations:

L'Jarius Sneed Trade Negotiations Update Signals Potential Difficulties

Since Sneed is on the franchise tag and wants an extension, any team trading for him will need to not only figure out trade compensation to the Chiefs, but also likely agree to a contract extension. That complicates matters, especially considering Sneed's desire for long-term financial security after coming into the NFL as a fourth-round pick.

This is notable given previous reports that the Chiefs were considering not trading Sneed at all. Kansas City appears willing to part with the former Louisiana Tech star, though it makes little sense for a team to trade for him if they don't already have the framework of an extension in place.

Reading the tea leaves here, it doesn't seem that Sneed is in the Chiefs' immediate plans. They've already locked up several veterans from last year's roster, including Chris Jones, and we've yet to see any reports of a contract offer from Kansas City to Sneed.

If no deal materializes, I'd expect Brett Veach to be content with keeping Sneed for one more year as the Chiefs aim for a historic three-peat. Kansas City currently has +650 odds to win the Super Bowl, though those odds will shrink considerable if the team keeps Sneed paired with All-Pro Trent McDuffie in the secondary.

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