The Chiefs are changing course at running back. After many years with low-cost solutions, Kansas City will bring in this year’s top free agent prize at the position.

Kenneth Walker and the Chiefs are in agreement on a deal, NFL.com’s Tom Pelissero reports. Rumored as potentially not being ready to pay up for Walker, Kansas City is doing just that after its recent run games have underwhelmed. It is a three-year, $43.05MM deal, insider Jordan Schultz tweets. The Chiefs are authorizing $28.7MM guaranteed, per Schultz, who adds the contract can max out at $45MM.

This guarantee trails only Saquon Barkley‘s $36MM number among running backs, even if it represents the total guarantee figure rather than what is guaranteed at signing. This is a massive number for Walker, who split time with Zach Charbonnet last season as the Seahawks did not view their starter as a plus in the passing game. Pass pro is certainly not Walker’s strength, but he is coming off a Super Bowl where he finished with 161 scrimmage yards and became the first running back Super Bowl MVP since Terrell Davis 28 years ago.

Kansas City was believed to be set to come away with a running back during this year’s free agency, according to ESPN.com’s Jeremy Fowler, who also linked the team to Travis Etienne. Ranked higher on PFR’s free agent top 50, Walker represents the bigger prize due to being two years younger (25). He does bring some injury risk, having missed two games apiece in 2022 and ’23 before being sidelined for six games in 2024. But the Chiefs will pay up after Walker’s strong playoff performance punctuated a 17-game 2025.

The Seahawks were in touch with Walker leading up to the legal tampering period, per NFL.com’s Tom Pelissero, but recent rumors had pointed to the defending champs standing down if this market escalated beyond their comfort zone. Pelissero mentioned the Chiefs as a suitor today, and the team will deviate from its low-cost RB plans — which have been in place since Jamaal Charles‘ release nearly 10 years ago.

Following the Charles era, the Chiefs identified Kareem Hunt as a starter and saw him with the rushing title as a rookie. Hunt’s ugly assault on a woman at a Cleveland hotel being captured on video led the Chiefs to cut him during the 2018 season. After the team used Damien Williams as its RB1 in the wake of that separation, the team missed on a first-round pick (Clyde Edwards-Helaire). Isiah Pacheco bailed the Chiefs out on that whiff, but a 2024 leg fracture slowed the seventh-round pick. Both Pacheco and Hunt, who returned to Missouri in 2024, are unsigned.

Walker’s Seahawks tenure included two 1,000-yard rushing seasons. While Charbonnet outscored Walker 12-5 last season, the latter will become Kansas City’s unquestioned lead back in 2026. He figures to be the top running back Patrick Mahomes has played with since at least Hunt 1.0. Walker is also more elusive than even that version of Hunt, with Pro Football Focus ranking him first among RBs in 2025. Though, it will be interesting to see how the Chiefs get around Walker’s pass-pro limitations — which led the Seahawks to use Charbonnet in a near-equal timeshare.

The Chiefs do not have a big-ticket contract at wide receiver, though they are close to re-signing Travis Kelce on a one-year deal. Mahomes’ 10-year contract is continually restructured, moving cap hits down the road. That has helped the Chiefs, who just offloaded Trent McDuffie‘s fifth-year option salary to the Rams. In also letting Jaylen Watson sign with the Rams in free agency, the Chiefs are starting over at corner. But they will have a dynamic RB set to roll come September.

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