Jeremy Fowler of ESPN reports that the Chiefs have signed RB Le’Veon Bell to a one-year contract worth up to $1.69 million.
The contract includes a $1 million base salary along with up to $1 million in playing time and playoff incentives. Fowler says that McCoy’s base salary is prorated over the five games he was not a member of the Chiefs, which means he’ll get $690,000 instead of the full $1 million.
It’s worth mentioning that the Jets still own Bell the remainder of his $6 million base salary.
Schefter’s source says Bell wants to win a Super Bowl and believes Kansas City is the place to try to do it.
Bell posted the following on Twitter:
The Chiefs also confirmed the news:
— Kansas City Chiefs (@Chiefs) October 15, 2020
Bell was deciding between the Chiefs, Dolphins and Bills on Thursday, according to reports.
The Dolphins were reportedly offering Bell decent money and possibly two years to come to Miami.
While the Jets had offsets in Bell’s deal, Mike Garafolo pointed out earlier that he could claim termination pay and double dip with both the guaranteed money the Jets still owe him and whatever new salary he can get from his next team.
That makes salary and negotiations with suitors a very relevant factor in Bell’s decision on a new team.
Bell, 28, is a former second-round pick of the Steelers back in 2013. He played out the final year of his four-year, $4,120,600 rookie contract, but Pittsburgh used their franchise tag on him.
The Steelers decided to franchise Bell for the second straight year, but he elected to hold out the entire 2018 season and set himself up for free agency in 2019. The Jets later signed Bell to a four-year, $52.5 million contract worth up to $61 million and including $35 million guaranteed.
Bell was set to make base salaries of $8 million and $9.5 million the next two years.
In 2020, Bell has appeared in two games for the Jets and rushed 19 times for 74 yards while catching three passes for 39 yards and no touchdowns.
We had him included in our Top 50 Available 2020 Free Agents list.