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Report: Travis Kelce to Lose $6 Million If Chiefs Sign Him to a One-Year Deal

The Chiefs have cleared $98 million in salary cap space for the 2026 season. Travis is an unrestricted free agent following the expiration of his two-year, $34.25 million contract. If he signs a new deal, it is projected to be around $10-$12 million annually, which is $6M less than his present contract. Spotrac calculates his current market value at $10.77 million per season.