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The Kansas City Chiefs are waiving wide receiver Kadarius Toney, a source told ESPN's Adam Schefter on Tuesday.
The Chiefs in May declined the fifth-year option on Toney's contract he signed with the New York Giants as a first-round draft pick in 2021. Kansas City acquired Toney from the Giants in 2022.
With the Chiefs counting on him for big production, Toney had a disappointing 2023 season. He tore a meniscus fielding kicks at the start of the first practice of training camp, leading him to miss the remainder of camp.