The six-year veteran entered the league as the No. Watkins posted the following tweet regarding his return to Kansas City: Watkins is set to count $21 million against the Chiefs’ 2020 salary cap, so the Chiefs had to make some kind of move to reduce this figure. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. "Let's get it!". Watkins signed a three-year, $48 million deal with the Chiefs during the 2018 off-season. Watkins was previously set to make a base salary of $13.7 million and had an additional $7.2 million available in bonuses. The contract includes an incentive package that can push the deal up to $16 million. The deal includes a base salary of $9 million, $7 million in incentives and a no-trade clause. Copyright © 2020 United Press International, Inc. All Rights Reserved. In turn, the Chiefs picked up $5 million of much-needed cap space. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. The 6-foot-1, 211-pound wide receiver had 288 yards and a touchdown on 14 catches during the Chiefs' post-season Super Bowl run. Watkins, 26, is a former first-round pick of the Bills back in 2014 after they traded up with the Rams to get him. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Tight end Travis Kelce is signed through 2021. Watkins restructures contract for another Chiefs Super Bowl run (0:43) Adam Teicher explains how much the Chiefs save restructuring Sammy Watkins' contract … He had five catches for 98 yards in the Chiefs' Super Bowl LIV win against the San Francisco 49ers on Feb. 2 in Miami Gardens, Fla. Watkins played out the final year of his four-year, $19.935 million rookie contract before agreeing to a three-year, $48 million deal that included $30 million guaranteed with the Chiefs back in 2018. You can change your choices at any time by visiting Your Privacy Controls. In 2019, Watkins appeared in 14 games for the Chiefs and caught 52 passes for 673 yards receiving and three touchdowns. Sammy Watkins and the Kansas City Chiefs have reached agreement on a restructured one-year contract. Former Broncos, Chiefs CB Goldie Sellers dies at 78, Kansas City Chiefs to re-sign WR Demarcus Robinson, Detroit Lions agree to terms with linebackers Reggie Ragland, Elijah Lee. Kansas City agreed on March 28 to re-sign wide receiver Demarcus Robinson with a one-year pact. Watkins confirmed the pact on social media. Sources told ESPN, Yahoo Sports and NFL Network that his new contract has a maximum value of $16 million. Watkins had a career-high 1,047 yards and nine scores in 13 games in 2015. The Chiefs will return all of their star pass catchers in 2020. File Photo by Kevin Dietsch/UPI |, Fantasy football: Mark Andrews tops Week 6 tight end rankings, ALCS: Astros win third straight game vs. Rays to force Game 7, Ex-Angels employee Eric Kay indicted in death of pitcher Tyler Skaggs, ESPN Atlanta Falcons reporter Vaughn McClure dies at 48, Fantasy football: Elliott, Edmonds, Gaskin among best in Week 6 running back rankings, Authentic wins Kentucky Derby in race without spectators. Adam Schefter adds that Watkins also receives a no-trade clause as part of this contract. 4 overall pick in the 2014 NFL Draft. Kansas City Chiefs wide receiver Sammy Watkins (14) took a pay cut for the 2020 season and freed up $5 million in salary cap space for the AFC West franchise. The contract restructure creates $5 million in salary cap space for Kansas City. Star wide receiver Tyreek Hill is signed through 2022. Yahoo is part of Verizon Media. Chiefs Restructure Sammy Watkins Contract April 3, 2020 Mike Robertson Local Sports KANSAS CITY, Mo. Buffalo would later trade him to the Rams. April 3 (UPI) -- Veteran wide receiver Sammy Watkins will return to the Kansas City Chiefs next season after agreeing Friday to restructure his contract with the Super Bowl champions. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. He spent his first three seasons with the Buffalo Bills before being traded to the Los Angeles Rams in 2017. Chiefs Restructure Sammy Watkins’ Contract, Pick Up $5M Of Cap Space, Ravens Promote DB Marcus Gilchrist & LB Kristian Welch To Active Roster, 49ers Activate WR Richie James From IR, Promote Two Players, Patriots Place RB Sony Michel, G Shaq Mason & DE Derek Rivers On COVID-19 List, Add Four, Jaguars Promote DE Jabaal Sheard To Active Roster. Chiefs sign Ricky Seals Jones and Restructure Sammy Watkins Contract Twitter : @AceMunching Insta : @jtbrownsfanig Fantasy Football: What Sammy Watkins' restructured contract means for Mecole Hardman Sammy Watkins will be back with the Chiefs in 2020, and it may delay the breakout of Mecole Hardman. © NFLTradeRumors.co is an independent news source and has no affiliation with the National Football League (NFL), NFL.com, or any team(s). The contract includes an incentive package that can push the deal up to $16 million. Watkins, 26, had 673 yards and three touchdowns on 52 receptions in 14 games last season for Kansas City. By. Chiefs Restructure Sammy Watkins’ Contract, Pick Up $5M Of Cap Space. Nate Bouda - April 3, 2020 Terez A. Paylor reports that the Chiefs and WR Sammy Watkins agreed to a new contract that will pay him $9 million for the 2020 season. (AP) — The Chiefs and wide receiver Sammy Watkins have agreed on a restructured one-year contract that gives the franchise much-needed salary cap relief, a person familiar with the deal told The Associated Press on Friday. Veteran wide receiver Sammy Watkins will return to the Kansas City Chiefs next season after agreeing Friday to restructure his contract with the Super Bowl champions. "I'm back Kansas City," Watkins tweeted Friday. In turn, the Chiefs picked up $5 million of much-needed cap space. Terez A. Paylor reports that the Chiefs and WR Sammy Watkins agreed to a new contract that will pay him $9 million for the 2020 season.

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