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NASCAR CUP
FORMULA 1
Chiefs Acquire WR Kadarius Toney
Since drafted #20 overall back in 2021, Kadarius Toney has seen action in just 12 games, including only 2 thus far in 2022. The Chiefs will now take on this project in return for a 2023 3rd round compensatory draft pick, and a 2023 6th round pick.
The Traded Contract
Toney brings with him a 2 ½ year, $5.22M fully guaranteed contract to Kansas City, including a 5th year option for the 2025 season.
2022: $784,431 (guaranteed)
2023: $1,907,228 (guaranteed)
2024: $2,530,842 (guaranteed)
2025: 5th-year option available
The Dead Cap & Savings
The Giants free up minimal cap space in each of the next 3 seasons with this move, but they take $5.2M cash off of their books, and acquire two picks, one with a chance to be extremely helpful next April.
Dead Cap
2022: $2,333,639 ($499,183 cash)
2023: $3,668,912
Cap Savings
2022: $784,431
2023: $72,772
2024: $4,365,298
In Conclusion
The Chiefs are operating with quantity in their offense right now, and Toney not only adds to that - but has a chance to become the featured quality option over the next few seasons. He’ll certainly have the right quarterback throwing him passes from here out.
CATEGORIES
- NBA 99
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- GOLF 50
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AUTHORS
- Michael Ginnitti NFL, MLB
- Keith Smith NBA
- Scott Allen Contributor
- Taylor Vincent NWSL
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