Chiefs Rework Travis Kelce’s Contract

The Chiefs’ 2020 offseason involved taking care of their cornerstone players. Patrick Mahomes signed a then-record contract, and Chris Jones inked a big-ticket deal just before the franchise tag deadline. Soon after those deals, the Chiefs gave Travis Kelce a third contract — one far less lucrative than the pacts given to his high-profile teammates.

Kelce’s four-year, $57.25MM deal is just now going into the extension years; his previous contract ran through 2021. The Chiefs are moving a bit of money around to compensate their All-Pro tight end, per Ian Rapoport of NFL.com, who notes (via Twitter) Kelce will receive an additional $3MM this year.

Moved from the back of Kelce’s backloaded contract to 2022, the $3MM bump will be distributed via a $1MM salary increase and a $2MM bonus for being on Kansas City’s 53-man roster, Jeremy Fowler of ESPN.com tweets. This hikes Kelce’s 2022 pay to $10.5MM. His contract runs through 2025.

Tight ends, in general, are not making money in line with their value to offenses. George Kittle‘s $15MM-per-year contract tops the positional market, but it checks in behind 21 wide receivers’ AAV figures. Kelce also agreed to an extension low on guarantees. Kelce’s total guarantees ($23MM) rank eighth among tight ends; his $21MM guaranteed at signing ranks sixth.

Kelce is the only tight end in NFL history to record six straight 1,000-yard seasons. Despite this being his age-33 campaign, the 10th-year veteran will almost certainly be a more important cog in this year’s Kansas City attack. The trade of Tyreek Hill ushered in a new-look Chiefs wide receiver corps, amplifying Kelce’s dependability.

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