The Kansas City Chiefs offense is in the “run it back” mode for 2020.
Wide Receiver Sammy Watkins has restructured his contract and will be back with the Chiefs for 2020.
Terez Paylor of Yahoo Sports broke the news early Friday morning.
The Chiefs have reached an agreement with Sammy Watkins on a new 1-year deal that will pay him a base of $9m for 2020 with an incentive package that can reach $16m, a source tells me. The move creates $5m in cap space for the Chiefs to operate this offseason. — Terez A. Paylor (@TerezPaylor) April 3, 2020
The Chiefs have reached an agreement with Sammy Watkins on a new 1-year deal that will pay him a base of $9m for 2020 with an incentive package that can reach $16m, a source tells me.
The move creates $5m in cap space for the Chiefs to operate this offseason.
— Terez A. Paylor (@TerezPaylor) April 3, 2020
The contract and the value breaks down to this:
Kansas City feels like keeping Watkins at a nine million dollar cap hit and saving five million dollars is better for the team then cutting Watkins and saving 14 million dollars.
The way they kept Watkins was due to the incentive package as Mike Garafolo of the NFL Network describes.
#Chiefs deal for Sammy Watkins:—$1m signing bonus—$7m base salary —$1m in per-game roster bonuses—Up to $1m playtime/TD incentives (75% or 7 TDs gets him the full $1m)—Up to $6m in performance and postseason incentives (See next tweet)—No-trade clause — Mike Garafolo (@MikeGarafolo) April 3, 2020
#Chiefs deal for Sammy Watkins:—$1m signing bonus—$7m base salary —$1m in per-game roster bonuses—Up to $1m playtime/TD incentives (75% or 7 TDs gets him the full $1m)—Up to $6m in performance and postseason incentives (See next tweet)—No-trade clause
— Mike Garafolo (@MikeGarafolo) April 3, 2020
General Manager Brett Veach has kept all but one starter from Super Bowl 54 for the 2020 season.
Stefan Wisniewski is the only starter in the Super Bowl who will not be back with the Chiefs offense this coming season.