After failing to agree to terms on a new contract extension following the Chiefs Super Bowl victory against the San Francisco 49ers, the Kansas City Chiefs have traded star cornerback L’Jarius Sneed to the Tennessee Titans.
Having been one of the better cornerbacks in the entire NFL over the last several years, particularly in 2023, Sneed will head to the Titans to begin the rebuild of their defense. Sneed is just 27 years old.
The Chiefs had placed their franchise tag on the cornerback earlier this offseason, but have instead opted to send him to the Tennesee Titans in exchange for a 2025 third round draft selection.
The move will clear $19.8 Million in cap space for Kansas City heading into the 2024 NFL season. It is speculated that the franchise may be seeking to add additional offensive weapons with the cleared cap space. Quarterback Patrick Mahomes made a move earlier this offseason to save the team nearly $20 Million in cap space.
The Titans have also added cornerback Chidobe Awuzie, who was initially drafted by the Dallas Cowboys, this offseason. The change of scenery for Sneed will bring with it an impressive new contract.
The deal with Tennessee will reportedly pay Sneed over $19 Million per year over 4 years with $55 Million guaranteed. The New York Post reports,
L’Jarius Sneed is on the move after all.
The Chiefs are finalizing a trade on Friday to send the cornerback to the Titans, according to ESPN’s NFL insider Adam Schefter.
Kansas City, which had previously placed the non-exclusive franchise tag on Sneed earlier this offseason, is expected to land a 2025 third-round pick in return, as well as flipping seventh-round selections with the Chiefs in the 2024 NFL Draft next month in return, according to reports.
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This shocking trade is set to weaken Kansas City’s defense, but will free a large portion of the salary cap required for the team to add desperately needed offensive pieces.