In 1967, a system called the “common draft” was implemented for the AFL and NFL. In this system, the two leagues held a joint draft for college players. The “common draft” existed until 1969 as the AFL and NFL would officially merge in 1970.
The following is a list of the 55 players the Chiefs have drafted in the third round since 1967:
| YEAR | PICK | PLAYER | POS | ALL PRO | PRO BOWL | GAMES | SCHOOL |
| 2016 | 74 | KeiVarae Russell | CB | 0 | 0 | 5 | Notre Dame |
| 2013 | 96 | Knile Davis | RB | 0 | 0 | 57 | Arkansas |
| 2012 | 74 | Donald Stephenson | T | 0 | 0 | 73 | Oklahoma |
| 2010 | 68 | Jon Asamoah | G | 0 | 0 | 75 | Illinois |
| 2010 | 93 | Tony Moeaki | TE | 0 | 0 | 48 | Iowa |
| 2009 | 67 | Alex Magee | DE | 0 | 0 | 25 | Purdue |
| 2008 | 73 | Jamaal Charles | RB | 2 | 4 | 103 | Texas |
| 2008 | 76 | Brad Cottam | TE | 0 | 0 | 24 | Tennessee |
| 2008 | 82 | DaJuan Morgan | DB | 0 | 0 | 30 | North Carolina St. |