When the Kansas City Chiefs signed offensive tackle Donovan Smith to a one-year contract last Wednesday, the initial report was that he had signed a contract worth “up to $9 million.”
That language made it pretty clear that some of that $9 million was in the form of incentives — probably the not-likely-to-be-earned (NLTBE) variety that would be figured against the 2024 salary cap.
But we didn’t know how much of the Chiefs’ 2023 cap space was going to be used on Smith’s contract. Those figures have now been reported — and they more favorable than had previously been thought.