John Dillon, Chiefs WireTue, February 10, 2026 at 3:00 AM UTC·1 min readThe Kansas City Chiefs' financials will be deep in the red when the 2026 NFL offseason officially begins on March 12.
According to the experts at Spotrac.com, Kansas City is currently projected to have -$57,583,869 in cap space, the lowest figure among all NFL teams.
AdvertisementAdvertisementAdvertisementThis means that Chiefs general manager Brett Veach will need to clear nearly $60,000,000 from Kansas City's 2026 payroll before he can sign a single player in free agency.
While the Chiefs have gone to great lengths to keep their window for championship contention open, the team's current salary cap number is clearly untenable.
Fans in Kansas City should expect Veach to restructure Patrick Mahomes' contract, which could free up $44,360,000 in cap space by converting the star quarterback's salary to guaranteed bonuses, according to the quants at OverTheCap.com.
Stay tuned to find out how Veach will get the Chiefs' financials back into the black before free agency begins next month.
AdvertisementAdvertisementAdvertisementThis article originally appeared on Chiefs Wire: Chiefs free agency: KC will have limited resources in 2026 offseason
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