Given their current financial position, it’s by no means surprising to see the Chiefs shed salary. In fact, reports from earlier in the day said that Dwayne Bowe is likely to be released if they can’t find a trade partner.
Mays, 28, had one year remaining on his two-year, $6 million contract that included $3 million guaranteed. He was set to make a base salary of $2.35 million for the 2015 season.
According to OverTheCap.com, releasing Mays will free up $2.7 million in available cap space for the Chiefs while creating $1 million dead money.
In 2014, Mays appeared in eight games and recorded 20 tackles and a fumble recovery.