Chiefs, Sammy Watkins agree to new deal

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The Chiefs have a laughably small amount of salary cap space, and wide receiver Sammy Watkins has the biggest cap hit on the team. So it was widely expected that something had to give. And now it has.

Watkins and the Chiefs have agreed on a new deal that will pay him a base salary of $9 million this season, offer him the opportunity to earn another $7 million worth of incentives, and most importantly shave $5 million off his 2020 cap number, according to Terez Paylor of Yahoo Sports.

Watkins was heading into the final year of the three-year, $48 million contract he signed with the Chiefs, and Kansas City wanted to lower the $13.75 million base salary he had on that deal. This new deal accomplishes that while still giving Watkins some upside with the incentives. Watkins acknowledged before the Super Bowl that the Chiefs might ask him to take a pay cut, so he and the team have had plenty of time to consider such a deal.

Last year Watkins caught 52 passes for 673 yards and three touchdowns in the regular season, then led the team with 288 receiving yards in the postseason.

47 responses to “Chiefs, Sammy Watkins agree to new deal

  1. And 48ypg (58% catch) is barely worth $9m but the $7m deadcap made cutting a worse idea. Get ready for lots more of this Chiefs when Mahomes gets his mother of all contracts. You’re about to discover staying king of the hill in the Parity Era is magnitudes harder than one SB.

  2. Another shrewd move by Brett Veach, the best GM in the league.
    Hang on,the ride of a lifetime has only just begun for Chiefs Kingdom. The Kansas City Chiefs are only 1 year into a decade long dynasty run.

  3. Shouldn’t have signed him in the first place. Being fast doesn’t make you good.

  4. He’s really been a big asset for them after being ridiculed the first part of his career. Good to see that Watkins was willing to help his team out-he played very well but $21 million certainly wasn’t happening with less than 1000 yards, even considering his excellent playoff run.

  5. Despite being drafted 4th overall, Sammy is clearly not a #1 WR. Taking a pay cut was a smart move. No other team was going to assume that contract.

  6. Still overpaid. I’d imagine he will be easier to trade with these new numbers.

  7. Bummer. I was hoping howie who has a good working relationship with Andy could work out a deal to get Watkins in Philadelphia.

  8. still too much money, almost 200 of those receiving yards and 2 tds came on the first game of the season.

  9. lewansfingermoustache says:
    April 3, 2020 at 7:34 am
    Shouldn’t have signed him in the first place. Being fast doesn’t make you good.

    ——————————————————————————

    Clearly you did not watch the playoffs or Super Bowl, where Watkins made clutch catches when it mattered most on the biggest stage.

    If you think he’s not worth $9 million a year in today’s NFL, we have nothing more to discuss.

    Great move by Brett Veach.

  10. If the Chiefs re-sign Breeland (which appears more likely by the day) they will officially be bringing back every single one of their 22 starters from opening day last year with more than enough draft capital to replace the few decent contributors they lost via free agency. They also retained their entire coaching staff. When is the last time those two things can be said about a Super Bowl championship team?

    In an off-season where continuity means more than ever because of the virus situation, the defending Super Bowl champions will be bringing back every single key piece from last year’s title run.

  11. I think its hilarious chiefs fans think they will be a dynasty. Unless mahomes takes a discount when it’s time to reup that wont happen. The only reason the Patriots have been so good is Brady always took less to have money to pay others. If mahomes breaks the bank you can expect lots of win in the season but then fizzling out in the playoff just like GB or the Saints.

  12. Watkins got his SB ring….he may get another one if they go back to back. He has a cushy job now…no expecations to be THE #1 WR and he has the best young gun throwing to him. Not a bad decsion to stay.

  13. paul82461 says:
    April 3, 2020 at 8:34 am
    still too much money, almost 200 of those receiving yards and 2 tds came on the first game of the season.

    —————————————————————————-

    He also lead the Chiefs with almost 300 yards receiving in their postseason run.

    But who cares about things like playoff production? That doesn’t count towards fantasy football leagues. 😉

  14. Good. For everyone who thinks they are smarter than the chiefs personnel staff tell me what team gives you more fear when they show up on your schedule

  15. Another shrewd move by Brett Veach, the best GM in the league.
    Hang on,the ride of a lifetime has only just begun for Chiefs Kingdom. The Kansas City Chiefs are only 1 year into a decade long dynasty run.

    Lol sounds eerily similar to what Seahawk fans were saying after that SB victory. Go ahead and ask them how that worked out for them.

  16. PrimeTime says:
    April 3, 2020 at 7:25 am
    Another shrewd move by Brett Veach, the best GM in the league.
    Hang on,the ride of a lifetime has only just begun for Chiefs Kingdom. The Kansas City Chiefs are only 1 year into a decade long dynasty run.

    —————————————————————————————
    I like the Chiefs but once you pay the man at QB history suggests otherwise.

  17. Overpaid or not, I’d still rather see him in the lineup. He’s had some big games the last two years and made some clutch catches. He basically undressed Richard Sherman on the game-winning TD drive in the Super Bowl.

  18. thesmartest1 says:
    April 3, 2020 at 9:15 am
    They’ll trade him now.

    ———————–

    Can’t. No Trade Clause.

    I like it. He’s been a monster in both playoff runs with Mahomes.

  19. 8 more of those and Mahomes’ $40 mil a year is possible, LOL. BTW, not going to get $40 mil a year. No team cap could handle that kind of number and field a competitive team. I think Mahomes is smart enough to realize that.

  20. bengal4573 says:
    April 3, 2020 at 9:01 am
    I think its hilarious chiefs fans think they will be a dynasty. Unless mahomes takes a discount when it’s time to reup that wont happen. The only reason the Patriots have been so good is Brady always took less to have money to pay others. If mahomes breaks the bank you can expect lots of win in the season but then fizzling out in the playoff just like GB or the Saints.

    ——

    If Brady took less money, then why do the Patriots now find themselves in cap hell paying for a guy who is no longer even on the team?

  21. He helped us win a freaking superbowl! Therefore all you people saying we overpaid are nuts. And stop with all the dynasty talk. Dont get me wrong, I would weep like a baby if we reeled off 3 or 4 superbowls in the next 10 years, but let’s at least get another one before we start thumping our chests. What New England has done is amazing and nearly impossible to duplicate. We have basically kept the team together which could help get us off to a hot start since everyone knows the system, while other teams struggle. I am assuming there will be a very shortened training camp and no o t a.s

  22. “Another shrewd move by Brett Veach, the best GM in the league.”

    That’s laughable. A couple years ago the Eagles claimed they had the best GM in the league after winning 1 Super Bowl and how has that worked out for them? A few years before that it was Seahawks fans. At least Seattle got to a 2nd Super Bowl we’ll see if the Chiefs do.

    Come back after Veach has kept the team on top for 20 years, gotten to 9 Super Bowls, 12 AFC Champships and 17 Division titles. Until then, no, he’s not the best GM in the league.

  23. I wonder if he would have gotten more on the open market based on potential… Hell, Robby Anderson got 2-years, $20M with $12 the first year. I’d rather have Watkins, but he’s probably smart to stay with a good team and a great QB.

  24. They can’t trade him if he has a no trade clause, which he reportedly does have.

  25. The chiefs clearly won this game of chicken. They held out cutting long enough that most the good money was gone and Watkins would have to take the lesser deal or get even less on the open market on a 1 year incentive laced deal. Those saying he is overpaid obviously are not paying attention. He would get just as much basically anywhere cause there is still a shortage of good wr. The chiefs are looking really good heading into next season and are rightfully bettors best option for sb bets.

  26. It’s all fun and games being an Armchair GM in free agency,… until you need to get your star QB under contract.
    Then it gets tough. Who stays and who goes,…. and you know some veteran players are gonna go.

  27. the Chiefs longterm viability as contenders will undoubtedly rest on the size contract Mahomes takes. If he’s prudent, he’ll go like TB12 and not hamstring the team out of greed. He’s a smart guy who’s been around the pros his whole life. I think he goes reasonable and we see them dominate for some time…

  28. This guy’s production blows for the money being paid.

    Horrendous management. Can’t people admit this guy was a top 10 draft bust already?

  29. SWFLPC.INC says:
    April 3, 2020 at 9:52 am
    bengal4573 says:
    April 3, 2020 at 9:01 am
    I think its hilarious chiefs fans think they will be a dynasty. Unless mahomes takes a discount when it’s time to reup that wont happen. The only reason the Patriots have been so good is Brady always took less to have money to pay others. If mahomes breaks the bank you can expect lots of win in the season but then fizzling out in the playoff just like GB or the Saints.

    ——

    If Brady took less money, then why do the Patriots now find themselves in cap hell paying for a guy who is no longer even on the team?

    8 6 Rate This

    ——————

    Umm, they’re not in cap hell with the amount of Rookie Cap talent coming onto the roster and over 100 mil in cap space in 2021.

    Think 2010/2011 off the Lockout but with more in house experience.

    Who was the best run team with no otas or camp in 2011? See a a pattern here because I do!

    Enjoy the master at work.

  30. romeisfallingagain says:
    April 3, 2020 at 8:56 am
    If the Chiefs re-sign Breeland (which appears more likely by the day) they will officially be bringing back every single one of their 22 starters from opening day last year with more than enough draft capital to replace the few decent contributors they lost via free agency. They also retained their entire coaching staff. When is the last time those two things can be said about a Super Bowl championship team?

    In an off-season where continuity means more than ever because of the virus situation, the defending Super Bowl champions will be bringing back every single key piece from last year’s title run.

    47 10 Rate This

    ————-

    Oh, I don’t know, the Pats 2nd dynasty run?? lol

  31. “Hang on,the ride of a lifetime has only just begun for Chiefs Kingdom. The Kansas City Chiefs are only 1 year into a decade long dynasty run.”

    You’re fan base deserves one, but for a multitude of reasons, history has shown that it’s definitely not wise to predict one. It’s rare. Much too much has to be managed pristinely (Especially in the modern cap era) for it to happen, not just having a great QB for a stretch.

    See: Rams, Steelers, Colts, Baltimore, Seattle, Philly, Rams (again)—just in the past 20 years.

    ALL prematurely called “Dynasty!” With their elementary school child hands thrust to the sky, and all were wrong.

    “We’re young, we know how to get there now, we have our core wrapped up, we blah, blah, blah…”. It just isn’t that simple. Ahh, youth.

    Part of the discipline is to NOT claim anything—ever—from the top to the bottom of the organization. And that’s just for starters.

    Good luck.

  32. The MORAL of this story from now till the end of time is that Patrick Mahomes will continue to HIDE alot of Sins, Lets face it if the Chiefs had any other QB where they miss the playoffs or got bounce in the first round like they usually do Watkins would have been cut the day the season ended.

    This was a TERRIBLE TERRIBLE decision to restructure his deal unless he was willing to take what the Rookies make coming out the Draft, They could have outright release Watkins eat the 7 mil dead money but have 14 Million dollars to play with instead of just 5 million.

    The Draft is loaded with Receivers of every kind, where they could have drafted a couple at your ROOKIE salary Rate and not miss a beat when it comes to Production and most certainly Availability.

    The ole running joke on Sammy before he even got to the Chiefs was watch once he got paid, He will be absent from the field even take games off due to a HANGNAIL.

  33. pbdisciple says:
    April 3, 2020 at 9:50 am
    8 more of those and Mahomes’ $40 mil a year is possible, LOL. BTW, not going to get $40 mil a year. No team cap could handle that kind of number and field a competitive team. I think Mahomes is smart enough to realize that.

    17 3 Rate This
    ————————————–
    Well, he wants his bag. He was on a rookie deal, he might get $50 million. Good point, he was never going to get $40 million

  34. romeisfallingagain says:
    April 3, 2020 at 8:56 am
    If the Chiefs re-sign Breeland (which appears more likely by the day) they will officially be bringing back every single one of their 22 starters from opening day last year with more than enough draft capital to replace the few decent contributors they lost via free agency. They also retained their entire coaching staff. When is the last time those two things can be said about a Super Bowl championship team?

    In an off-season where continuity means more than ever because of the virus situation, the defending Super Bowl champions will be bringing back every single key piece from last year’s title run.

    70 12 Rate This
    ———————————-
    I don’t think Breeland is signing for less than $200 thousand, seeing as that is your cap room

  35. patriotmaleorgy says:
    April 3, 2020 at 8:27 am
    Still overpaid. I’d imagine he will be easier to trade with these new numbers.

    55 32 Rate This
    —–
    no trade clause

  36. Watkins is overrated. Yes, he did great in the playoffs, but a WR who gives his all in the regular AND off-season is what a team needs. Watkins gets by on his talent. If he put in more work during the regular season, he would be a 1000 yard guy. He did reach those numbers in Buffalo, but where has he been since then, regular season wise?

  37. “Overpaid or not, I’d still rather see him in the lineup. He’s had some big games the last two years and made some clutch catches. He basically undressed Richard Sherman on the game-winning TD drive in the Super Bowl.”

    That just shows how smart Watkins is. He was practicing social distancing w/ that fool Sherman, a full month before it was even a common term.

  38. Decent one year move. Sammy definitely wouldn’t have been paid the money he wanted. He definitely wouldn’t have put up the stats that he did last year and this year without Mahomes. I still look for Hardman to take attempts away as the year goes on. Sammy showed up when we needed him last year. That’s about the only good thing about Sammy last year.

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