The Kansas City Chiefs have informed L’ Jarius Sneed that he is being franchise tagged by the club. By tagging Sneed, the Chiefs will now need to pay him $19,802,000 for the 2024 season. The nonexclusive franchise tag allows Sneed and his representatives to work out a trade if the Chiefs were to agree with the terms. A trade is possible, but unlikely, as it would require the draft compensation to be in the ballpark of upwards of around two first round  draft picks. A hefty price to pay for a 27 year old defensive back with a history of knee injuries. 

The Chiefs are in a great position now, they either get their star corner back for another year or they get nicely compensated for their veteran coming off a career year. Sneed, in 2023 played 16 games, snagging 2 interceptions and scooping up 1 fumble recovery, he had 78 combined tackles, and didn’t allow a one on one touchdown until the divisional round game vs the Bills.