Kenneth Walker III

Kansas City Chiefs, Running Back
Age: 25y-5m-6d (Oct 20, 2000)
Exp: 4 Years
Country: US
College: Michigan State
Drafted: Round 2 (#41 overall), 2022
Agent(s): David Canter, Ness Mugrabi, Brian McIntyre (Aura Sports Group)
2026 Cap Hit

$5,683,333

2026 Cash

$14,350,000

Career Earnings

$8,449,140

2026-2028 Free Agent (CURRENT)

Kenneth Walker III signed a 3 year, $43,050,000 contract with the Kansas City Chiefs, including $13,000,000 signing bonus, $28,700,000 guaranteed, and an average annual salary of $14,350,000. In 2026, Walker III will earn a base salary of $1,215,000, a signing bonus of $13,000,000 and a workout bonus of $135,000, while carrying a cap hit of $5,683,333 and a dead cap value of $28,700,000.
Contract Terms:
3 yr(s) / $43,050,000
Average Salary:
$14,350,000
Signing Bonus:
$13,000,000
GTD at Sign:
$28,700,000
Total GTD:
$28,700,000
Free Agent:
2029 / UFA
Year Age Cap HitAnnual Cap % League Cap Cash Annual Cash Cumulative Dead Cap Annual
2026 26 $5,683,333 1.89% $14,350,000 $14,350,000 $28,700,000
2027 27 $18,683,333 5.78% $14,350,000 $28,700,000 $23,016,667
POTENTIAL OUT: 2028, 2 YR, $28,700,000; $4,333,334 DEAD CAP
2028 28 $18,683,334 5.26% $14,350,000 $43,050,000 $4,333,334
2029 29
UFA
Year Age Base P5 Salary Signing Proration Workout Bonus Cap Hit Cap % League Dead Cap
2026 26 $1,215,000 $4,333,333 $135,000 $5,683,333 1.89% $28,700,000
2027 27 $14,100,000 $4,333,333 $250,000 $18,683,333 5.78% $23,016,667
POTENTIAL OUT: 2028, 2 YR, $28,700,000; $4,333,334 DEAD CAP
2028 28 $14,100,000 $4,333,334 $250,000 $18,683,334 5.26% $4,333,334
2029 29
UFA
Year Age Base P5 Salary Signing Bonus Workout Bonus Cash Total Cash Cumulative Cash Remaining
2026 26 $1,215,000 $13,000,000 $135,000 $14,350,000 $14,350,000 $43,050,000
2027 27 $14,100,000 - $250,000 $14,350,000 $28,700,000 $28,700,000
POTENTIAL OUT: 2028, 2 YR, $28,700,000; $4,333,334 DEAD CAP
2028 28 $14,100,000 - $250,000 $14,350,000 $43,050,000 $14,350,000
Contract Notes
  • $28.7M guaranteed (signing bonus + 2026 compensation + 2027 compensation)
  • Scrimmage Yards Incentive (non-cumulative)
    1,350: $200,000
    1,500: $400,000
  • Pro Bowl: $250,000
Source: NFL contract specifics generally collected from verified reports.

2022-2025 Rookie

Contract Terms:
4 yr(s) / $8,441,581
Average Salary:
$2,110,395
Signing Bonus:
$3,319,332
GTD at Sign:
$6,144,040
Total GTD:
$6,144,040
Free Agent:
2026 / UFA
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Seasons

4 Years

Career Earnings thru 2026

$8,449,140

Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2022 22
Active
$4,024,332
$4,024,332
2023 23
Active
$1,088,708
$5,113,040
2024 24
Injured
$1,472,416
$6,585,456
2025 25
Active
$1,863,684
$8,449,140
Total      
$8,449,140
$8,449,140
2026 26
Active
$14,350,000
2027 27
Active
$14,350,000
2028 28
Active
$14,350,000
Total
$51,499,140

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
4 $5,122,249 $3,319,332 - - $7,559 - $8,449,140
Year Team(s) Age Base Signing Roster Restructure Option Workout Incentives Cash Total Cash Cumulative
2022
22
$705,000
$3,319,332
$4,024,332
$4,024,332
2023
23
$1,088,708
$1,088,708
$5,113,040
2024
24
$1,472,416
$1,472,416
$6,585,456
2025
25
$1,856,125
$7,559
$1,863,684
$8,449,140
Total
$5,122,249
$3,319,332
$7,559
$8,449,140
$8,449,140
2026
26
$1,215,000
$13,000,000
$135,000
$14,350,000
2027
27
$14,100,000
$250,000
$14,350,000
2028
28
$14,100,000
$250,000
$14,350,000
Total
$34,537,249
$16,319,332
$642,559
$51,499,140

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
4 $5,122,249 $3,319,332 - - $7,559 - $8,449,140

Injuries

Year Weeks Reason
2024 SEA 17 - 18 Ankle
  • Mar 09, 2026 Signed a 3 year $43.05 million contract with Kansas City (KC)
  • Jul 26, 2022 Signed a 4 year $8.44 million contract with Seattle (SEA)
  • Apr 29, 2022 Drafted by Seattle (SEA): Round 2 (#41 overall)

Fines

Date Reason Fine Amount
Oct 03, 2025 Taunting against Arizona (ARI) $11,593
Fines: 1 $11,593
Year Team GP GS Snaps Snaps% Rush Attempts Rush Yards Rush Yards/Gm Rush Touchdowns Rec Targets Rec Receptions Rec Yards Rec Yards/Rec Rec Yards/Gm Rec Touchdowns Fum
2025 SEA 17 17 498 47.93 221 1,027 60.4 5 36 31 282 9.1 16.6 0 1
2024 SEA 11 11 469 42.75 153 573 52.1 7 53 46 299 6.5 27.2 1 1
2023 SEA 15 15 502 47.99 219 905 60.3 8 37 29 259 8.9 17.3 1 1
2022 SEA 15 11 575 52.75 228 1,050 70.0 9 35 27 165 6.1 11.0 0 0

Calculated Market Value

Market Value

  • 4 years, $36,041,376
  • Avg. Salary: $9,010,344
  • NFL Rank: 322
  • RB Rank: 11

Current Contract

  • Free Agent: 2029
  • Avg. Salary: $14,350,000
  • NFL Rank: 202
  • RB Rank: 4

Comparable Players

We've selected the following players based on their age, contract status, and statistical production to compare Kenneth Walker III to.

Player Length Value Avg. Salary Age When Signed
David Montgomery 2 $18,250,000 $9,125,000 27
James Cook 4 $46,000,000 $11,500,000 25
Rhamondre Stevenson 4 $36,000,000 $9,000,000 26
Josh Jacobs 4 $48,000,000 $12,000,000 26
Averages 4 $37,062,500 $10,406,250 26.0

Base Calculated Value

After adjusting the above contracts as if signed at Walker III's current age (25), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
5 $52,134,145 $10,426,829

Statistical Comparisons

Now we'll compare our variables and Walker III statistically over the two seasons prior to their signing. In this case we're analyzing: GP%, Snaps %, Rush Yds/Gm, Rush TD/Gm, Rec/Gm, Rec Yds/Gm, Rating

Player GP% Snaps % Rush Yds/Gm Rush TD/Gm Rec/Gm Rec Yds/Gm Rating
David Montgomery
2022-2023
88.24 49.65 60.53 0.60 1.67 14.43 73.95
James Cook
2023-2024
97.06 49.54 64.58 0.55 2.30 21.30 77.05
Rhamondre Stevenson
2022-2023
85.29 59.00 57.21 0.31 3.69 22.72 76.30
Josh Jacobs
2022-2023
88.24 65.95 81.93 0.60 3.00 23.20 78.30
Average 89.71 56.04 66.06 0.52 2.67 20.41 76.40
Kenneth Walker III
2024-2025
82.35 45.28 57.14 0.43 2.75 20.75 44.20
Pct Change -8.20 -19.20 -13.50 -17.31 3.00 1.67 -42.15
Median Prime % Change -13.50%
Average Prime % Change -13.67%

Calculated Market Value: Kenneth Walker III

After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

Terms Avg. Salary
4 years, $36,041,376 $9,010,344
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