According to Ian Rapoport, the Chiefs will waive WR Kadarius Toney.
Dianna Russini says the Chiefs tried unsuccessfully to trade Toney before deciding to cut him loose. However, Rapoport expects Toney to draw some interest around the league on waivers.
Toney, 25, was drafted with the No. 20 overall pick in the 2021 NFL Draft by the Giants out of Florida. He just finished the third year of a four-year, $13,719,509 rookie contract that included a $7,337,825 signing bonus.
The Giants traded Toney to the Chiefs in 2022 for a conditional third-round pick and a sixth-round pick. The Chiefs declined his fifth-year option in 2024, setting him up to be an unrestricted free agent in 2025.
In 2023, Toney appeared in 13 games for the Chiefs and caught 27 passes on 38 targets for 169 yards and one touchdown. He added 11 carries for 31 yards.
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