Kansas City Chiefs News: Huge Tyreek Hill Extension Coming Soon?

GettyImages-1060288424 — Tyreek Hill #10 of the Kansas City Chiefs celebrates a punt return touchdown that would be called back due to penalty in the fourth quarter of the game against the Arizona Cardinals at Arrowhead Stadium on November 11, 2018 in Kansas City, Missouri. Jamie Squire/Getty Images

The Kansas City Chiefs had the third-highest-scoring offense in NFL history in 2018, largely behind the play of two players on cheap rookie contracts. Quarterback and league MVP Patrick Mahomes is not yet eligible for a contract extension, but ultra-fast wide receiver Tyreek Hill is ready for a big payday.

One could be coming soon, according to NFL Network insider Ian Rapoport. The Chiefs have reportedly started negotiations with Hill’s camp on a “record-setting” contract extension, Rapoport reported on Tuesday.

While the #Chiefs plot moves for the 2019 season and beyond, they do have some big deals coming: They have begun negotiations with star WR Tyreek Hill on what’ll be a record-setting deal, source said. Along with tagging Dee Ford, shopping Justin Houston, that’s a consideration.
— Ian Rapoport (@RapSheet) March 5, 2019

Rapoport also said the Chiefs would consider doing this in the offseason in January. Defensive lineman and team leader in sacks Chris Jones is also up for a pay increase this offseason.

As a fifth-round pick in 2016, Hill’s base salary last year was only $630,000. Spotrac estimates that Hill’s market value right now should net him a contract that pays him more than $19 million per year, which would make him the highest-paid wide receiver in the entire NFL.

Odell Beckham Jr. of the New York Giants currently holds the top spot with an average annual salary of $18 million.

Hill was a huge part of the team’s success and the rise of Mahomes in 2018. The 25-year-old caught 87 passes for 1,479 yards and 12 touchdowns on the season, stretching the field and opening up one of the most prolific offenses in NFL history.

This is just one of many difficult moves the Chiefs need to make in the offseason. The team is reportedly ready to move on from longtime pass rusher Justin Houston, who carries the biggest salary cap hit on the roster. KC also franchise tagged pass rusher Dee Ford, but with a defensive scheme change coming, the team could also reportedly deal him away to free up even more cap space.

These moves could also coincide with a possible big-name free agent signing and the draft. While the Chiefs’ offense is expected to look similar in 2019, the defense could be totally overhauled by GM Brett Veach and new defensive coordinator Steve Spagnuolo.

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