The Kansas City Chiefs’ plans to extend Chris Jones’ contract after Super Bowl LVII hit a snag, with a notable gap in their valuation. Jones sought a deal comparable to the NFL’s highest-paid non-quarterback, Aaron Donald, at $30 million per year.
The Chiefs aimed for a figure slightly above Quinnen Williams’ $24 million annual salary. Jones held a rare 51-day holdout but eventually returned without a long-term contract.
Amendments were made to Jones’ 2023 contract, with 2024-2027 years voiding post-Super Bowl. His $1.25 million sack incentive became part of $5.5 million in new performance bonuses, serving as an option bonus escalator for a 2028 voidable contract year. The Chiefs have a seven-day window post-Super Bowl to exercise this option, with a provision compelling them to do so.
This approach avoids classifying the $6.75 million as likely to be earned incentives, preventing it from affecting the 2023 salary cap. Instead, the option bonus is prorated at $1.25 million annually from 2023 to 2027, making Jones’ 2023 cap hit $26,810,325, ranking sixth in the league.
Despite missing training camp and the season opener, Jones had an impressive 2023 season, earning first-team All-Pro honors with 10.5 sacks and 75 quarterback pressures. However, he acknowledges his eight-year tenure with the Chiefs might be concluding.
The Chiefs can use a franchise tag on Jones, projecting to be a costly $32,169,912, setting a non-quarterback record. This tag could influence contract discussions, trade considerations, or signal Jones’ departure in free agency. Cap adjustments are needed for the Chiefs to accommodate a franchise tag within the expected $240-$245 million 2024 cap.
Jones seeking a hometown discount seems unlikely, given his firm stance in previous negotiations that led to fines and missed pay. His performance has potentially surpassed Donald, and he may aim for a contract similar to Nick Bosa’s five-year, $170 million deal, putting him in the $30 million-per-year club.
Whether Jones hits this target remains uncertain, but he stands as a top contender to join Bosa and Donald in the elite $30 million-per-year defensive player club, whether with the Chiefs or a new team in free agency.
