Kansas City Chiefs News & Rumors

Chiefs Rumors: Reid, Veach, Mahomes, Smith, Hopkins, Smith-Schuster, Hardman

By Sam Robinson | at November 14, 2024 7:40 pm

Establishing himself as one of the NFL’s all-time great head coaches during his time in Kansas City, Andy Reid has also operated as the Chiefs’ lead decision-maker. The 12th-year Chiefs HC retains final say on the team’s roster, though he has ceded some power in recent years.

Reid worked with longtime Packers exec John Dorsey during the first four seasons of his Chiefs run but effectively orchestrated a switch in 2017, with Dorsey being fired and ex-Eagles staffer Brett Veach promoted to the GM role. Veach has been at the helm for all three Chiefs Super Bowl wins during the Patrick Mahomes era, and while Dorsey was at the wheel for the trade-up that secured the QB icon (after drafting future Hall of Famers Travis Kelce and Chris Jones as well), Veach was credited with identifying the Texas Tech prospect as a hopeful Alex Smith successor.

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In recent years, Reid is believed to have given Veach more say in roster matters, ESPN.com’s Jeremy Fowler notes. Not all GM positions are created equal. All answer to owners (or team presidents, in the Packers’ case), while higher-ranking front office types have stood over GMs in the recent past. Some teams still have head coaches installed as their top decision-makers, though this is not the norm anymore. The Patriots and Seahawks ditched their HC-first models this offseason, respectively firing Bill Belichick and Pete Carroll. The Chiefs have been the NFL’s premier team during Mahomes’ QB1 run and obviously have no reason to change their Reid-centered approach.

Veach did pitch the idea of Mahomes’ 10-year extension to CEO Clark Hunt following the 2019 season, Fowler adds; that deal quickly became a team-friendly pact, with the QB market now at $60MM per year. Mahomes is still tied to the $45MM-AAV accord, and while the Chiefs moved money around to help cover the rising market in 2023, they still have the NFL’s most accomplished active QB signed through 2031. The club has used this as a tool to create cap space annually, completing three restructures to inflate Mahomes’ cap figures down the line.

It is true the Chiefs have used Dorsey-drafted cogs as pillars while Veach’s supporting cast has filled in around the Canton-bound mainstays, but the likes of Creed Humphrey, Trey Smith, Nick Bolton and Trent McDuffie have become standouts after being Veach draftees. Veach’s early drafts did not move the needle too far, but his 2021 and ’22 hauls helped form a low-cost core to help support the contracts given to Mahomes, Jones and left guard Joe Thuney. The two-time defending champs will soon face decisions on two members of their standout 2021 class.

Kansas City already paid Humphrey, giving their standout center a deal that topped the center market by a notable margin. Coupled with Jawaan Taylor‘s $20MM-per-year contract already featuring a fully guaranteed 2025 salary, Smith is moving closer to free agency. The Chiefs are still interested in paying Smith, but a re-up for their right guard will be costlier than Humphrey’s, as a fairly wide gap exists between the guard and center markets. Rumblings around the league point to the former sixth-round pick becoming the NFL’s highest-paid guard if he reaches the market, and Fowler adds.

Landon Dickerson‘s $21.5MM-per-year Eagles extension currently tops the guard market, but Smith has been a key part of the Chiefs’ dynasty, having established himself as a Day 1 starter while grading out well in ESPN’s win rate metrics and seeing high Pro Football Focus marks. This has not produced a Pro Bowl yet, but Robert Hunt recently proved no such honors are necessary to fetch a $20MM-per-year guard deal. Smith’s lack of recognition may well change this season, which would further bolster his FA stock.

This year’s round of free agency guard paydays will make Smith tough to keep off the market. Guards are rarely franchise-tagged, due to the tag formula grouping all O-linemen together and thus raising interior blockers’ tender numbers, but the Chiefs could conceivably carve out enough space to cuff Smith with a tag that could cost around $25MM in 2025. The Chiefs are projected to hold just $20MM in cap space, with Bolton unsigned as well. Bolton will not cost as much as Smith to retain, and Kansas City has been more willing to let key defenders walk than cornerstone offensive talent during this run. The Chiefs have expressed interest extending Bolton as well, but the off-ball LB remains on his second-round deal.

Kansas City has allowed defensive regulars to walk frequently during this period, parting ways with the likes of Tyrann Mathieu, Frank Clark, Willie Gay, Juan Thornhill and just about every cornerback to come through under DC Steve Spagnuolo. Bolton has played more than 85% of the Chiefs’ defensive snaps in each of the past three seasons, however. That will create a decision soon. The tag formula also groups on- and off-ball linebackers together. While guard tags have occurred in the recent past (via the Patriots and Thuney and Washington with Brandon Scherff), off-ball LBs are never tagged.

Some in the agent community have not been too fond of the Chiefs for using Mahomes’ team-friendly contract as a talking point during negotiations. It is true Mahomes took less; ditto Kelce. That allowed the Chiefs to give Jones a wildly player-friendly extension this offseason. Agents have pointed to some players being irked by the Chiefs using Mahomes’ contract against them in negotiations. Mahomes and Kelce also have considerable income streams outside of their Chiefs contracts — something most of the team’s other players do not. That certainly impacts a willingness to take hometown discounts.

After clinging to a shaky wide receiver plan last season, the Chiefs indeed poured more resources into their offense this offseason by signing Marquise Brown and drafting Xavier Worthy in the first round. Their plan changed again thanks to the major injuries Brown and Rashee Rice sustained. The Chiefs retained Mecole Hardman, who said (via ESPN.com’s Adam Teicher) he received some outside interest but did not seriously consider leaving Missouri again. Kansas City also re-signed JuJu Smith-Schuster following his Patriots release, turning to their top 2022 wideout in a key role prior to acquiring DeAndre Hopkins.

Prior to obtaining Hopkins from the Titans, SI.com’s Albert Breer notes Veach’s staff approached Reid’s asking whether Hopkins and Smith-Schuster could play together. Week 11 is expected to be the first time Hopkins and Smith-Schuster will suit up together. That marked a key component in moving the Tennessee trade past the goal line, with that deal also illustrating the increased power Veach has assumed since his 2017 promotion.

Veach and Reid secured offseason extensions, with the three Super Bowl wins and four appearances placing the two in commanding position. Veach’s salary within the GM ranks is not known, but Fowler adds Reid is now the NFL’s highest-paid HC at around $20MM per year. Two coaches in Reid’s own division (Jim Harbaugh, Sean Payton) ranking in the top five in coaching salaries undoubtedly helped the Kansas City maestro, with Fowler noting the Chiefs’ latest Reid extension came after two years remained on his previous deal.

Reid’s previous contract had ranked near the bottom of the top 10 among HC salaries. Unlike player deals, teams do not have to disclose these terms. But the Chiefs took care of the architect of their ascent to the league’s mountaintop. Reid, 66, has been linked to retirement for a few years. But the ex-Eagles leader has continued to assure he is not yet strongly considering an exit. Matt Nagy is seen as a potential heir apparent, but the two-time Chiefs OC is also on track to receive outside interest in 2025. That will be an interesting storyline to monitor.

For now, however, the Chiefs’ Reid- and Mahomes-powered machine is still going. Although this year’s squad has offered a high-floor/low-ceiling presentation — thanks to a plus-57 point differential that ranks just ninth in the NFL — the team will chase its 16th consecutive win Sunday against the 8-2 Bills.