Kansas City Chiefs

Rashee Rice is facing a multigame suspension over his recent arrest, according to Adam Schefter, who broke down NFL Draft-related news as well as things he has been hearing around the league. (Source: Adam Schefter)

Fantasy Impact: Rice facing a multigame suspension is not what fantasy managers want to hear, as the second-year receiver was poised to have a large role this season. He could drop a few slots in WR rankings as a result of this news.

RB Clyde Edwards-Helaire has agreed to terms on a one-year deal to return to the Chiefs. (Source: Ian Rapoport on Twitter )

Fantasy Impact: CEH will return to the team that drafted him and is expected to back up Isiah Pacheco. The former first-round pick tallied 223 rushing yards and one touchdown on 70 carries last season. Barring an injury to Pacheco, fantasy managers should consider CEH a handcuff in 2024.

The Chiefs have signed QB Carson Wentz to a one-year deal. (Source: Jordan Schultz on Twitter )

Fantasy Impact: Wentz is expected to serve as Patrick Mahomes in Kansas City. The veteran saw limited action with the Rams last season, registering 163 passing yards, two touchdowns, and one interception.

Louis Rees-Zammit, a former Welsh rugby player, has signed with the Kansas City Chiefs as a wide receiver/running back hybrid. (Source: Jordan Schultz on Twitter)

Fantasy Impact: The 23-year-old Rees-Zammit found success in rugby at a young age, competing for Gloucester Rugby where he was the club's youngest ever Premiership player at 18 years and 70 days. After scoring 190 points in 69 appearances between 2018 and 2024, Rees-Zammit opted to join the NFL International Player Pathway in Jan. 2024. He will get his first chance at the NFL with K.C.

The Tennessee Titans are acquiring Kansas City Chiefs CB L'Jarius Sneed in exchange for a 2025 third-round pick and a 2024 seventh-round pick swap. (Source: Adam Schefter on Twitter)

Fantasy Impact: Sneed has emerged as one of the best cornerbacks in the NFL in recent years, helping lead the Chiefs' secondary to consecutive Super Bowl victories. Kansas City has to be selective about where it spends its money and opted for a tag-and-trade with Sneed, though the compensation is likely not what K.C. initially hoped for. Sneed, a former fourth-rounder, has 10 interceptions and 40 passes defended in four seasons along with 303 tackles and 6.5 sacks. He's expected to sign a deal with Tennessee in the four-year, $76 million range.

The Kansas City Chiefs re-signed Derrick Nnadi. (Source: NBCSports.com)

Fantasy Impact: Nnadi figures to remain in a rotational role on the defensive line for Kansas City.

The Kansas City Chiefs signed Mike Pennel Jr. on a one-year deal. (Source: Sam McDowell on Twitter)

Fantasy Impact: Pennel returns to the Chiefs for a second straight season. He recorded four tackles across three games with Kansas City last year.

Patrick Mahomes restructured his contract to create an additional $21.6 million worth of salary-cap space for the Chiefs. (Source: Adam Schefter on Twitter)

Fantasy Impact: Kansas City has been quiet so far in free agency. It appears they may be doing something behind the scenes with this move.

The Saints have agreed to a one-year, $5M deal with LB Willie Gay. (Source: Mike Garafolo on Twitter )

Fantasy Impact: Gay has spent the first four seasons of his career with the Chiefs. The 26-year-old turned in a solid season in 2023, tallying 58 total tackles, one sack, one forced fumble, and one interception in 16 games.

Nick Allegretti is expected to sign with the Commanders on a 3-year, $16M deal. (Source: Ari Meirov on Twitter)

Fantasy Impact: Allegretti gets a big new contract with Washington. He reportedly played the whole Super Bowl despite suffering a torn UCL in his elbow in the second quarter. The Commanders address their offensive line with this signing.

The Chiefs have agreed to terms with long snapper James Winchester. (Source: Aaron Wilson on Twitter )

Fantasy Impact: While there is not much fantasy impact here, Winchester does provide stability in the Chiefs’ kicking game. The veteran long snapper has not missed a game in his career and will return for his 10th season with the Chiefs.

Superstar DT Chris Jones and the Kansas City Chiefs have reached terms on a blockbuster deal, a five-year deal worth about $32 million per year with about the first $95 million guaranteed. (Source: Ian Rapoport on Twitter)

Fantasy Impact: Jones has been one of the best defenders of his generation, playing 123 games with 75.5 sacks and 78 tackles for loss. He has helped win multiple championships for the Chiefs and has been one of the best postseason performers in recent years. He will be paid handsomely with what is expected to be the biggest defensive deal in league history.

The Kansas City Chiefs re-signed Drue Tranquill on a three-year, $19 million deal that includes $13 fully guaranteed. (Source: Adam Schefter on Twitter)

Fantasy Impact: Tranquill signed a one-year deal with the Chiefs last offseason after four years with the Chargers. He should remain in a similar role with Kansas City.

Travis Kelce said following the Super Bowl that he will be returning to the Chiefs next season. (Source: ESPN.com)

Fantasy Impact: Kelce saw his seven-year streak of 1,000 yard seasons come to an end in a down year from a fantasy perspective, but came up big when it mattered the most in the NFL playoffs. He'll look to help lead Kansas City to a third straight Super Bowl win next season. His value in fantasy drafts will be interesting to monitor.

Jerick McKinnon remains a game-time decision, but he is expected to play in the Super Bowl on Sunday against the 49ers. (Source: James Palmer on Twitter)

Fantasy Impact: McKinnon is expected to return after undergoing hernia surgery just over one month ago. It is unclear what role he'll play, but he'll likely have some role in the passing game out of the backfield.

The Kansas City Chiefs are not expected to have WR Kadarius Toney active for Super Bowl 58 on Sunday against the San Francisco 49ers. (Source: ESPN)

Fantasy Impact: Toney’s season has been characterized by mental mistakes that have ultimately cost the Chiefs points. Since Week 15, when he had his second tip-drill-interception-inducing drop of the year, Toney has not played, whether it was injury-related, personal, or coach’s decision. Toney caught a TD pass in last year’s Super Bowl victory and had 27 catches for 169 yards and one score this season in 13 games. The Chiefs will rely on Rashee Rice, Marquez Valdes-Scantling, Justin Watson, and Skyy Moore.

Isiah Pacheco is off the injury report for Sunday's game against the 49ers. (Source: Tom Pelissero on Twitter)

Fantasy Impact: Pacheco will continue to play through toe and ankle injuries. He should remain in his workhorse role for the biggest game of the season.

Joe Thuney has been ruled out for Sunday's game against the 49ers. (Source: Tom Pelissero on Twitter)

Fantasy Impact: Thuney was considered a long shot to be able to take the field. He'll remain sidelined after also missing the AFC Championship.

The Kansas City Chiefs are activating WR Skyy Moore (knee) from the injured reserve list ahead of Super Bowl 58 against the San Francisco 49ers. (Source: Kansas City Chiefs on Twitter)

Fantasy Impact: Moore has not played since Dec. 17, missing the Chiefs' last six games, including the postseason. Despite the Chiefs struggling to find reliable and consistent receiver help, Moore struggled to establish himself in his sophomore season, watching the WR1 role get taken over by rookie Rashee Rice. Moore had just 21 catches for 244 yards in 14 games in 2023 and has played 53% of the team's offensive snaps.

Charles Omenihu tore his ACL in the AFC Championship on Sunday against the Ravens. (Source: Jonathan Jones on Twitter)

Fantasy Impact: Omenihu will miss the Super Bowl against his former team in the 49ers. He was having a career year with seven sacks, 28 tackles and two forced fumbles.