The Super Bowl champion Chiefs are waiving receiver Marquez Valdes-Scantling. This is according to a report from ESPN.
The move is solely about cost cutting. The Chiefs will save $12 million against the cap. Valdes-Scantling had an off last year, but he did score a touchdown in Kansas City’s overtime win over the 49ers in the Super Bowl.
Source: #Chiefs are releasing wide receiver Marquez Valdes-Scantling.
— Jeremy Fowler (@JFowlerESPN) February 28, 2024
Saves Kansas City $12 million on the cap.
Back in 2022, Valdes-Scantling signed a three-year, $30 million contract with the Chiefs to leave the Packers. So he was coming into his final season. Plus, he caught only 21 passes as the wide receivers, as a whole, struggled with production.
This is a breaking news story with more details to come.
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