The Chiefs re-signed S Nazeeh Johnson to a one-year contract. (Source: Kansas City Chiefs on Twitter)

Fantasy Impact: It is a one-year deal worth $3.2 million for Johnson as he returns to Kansas City. He recorded a career-high 53 tackles last season.

The Chiefs re-signed DT Mike Pennel. (Source: Adam Schefter on Twitter)

Fantasy Impact: Pennel logged three sacks in a depth role with Kansas City last season. He will likely remain in a similar role with the Chiefs heading into next year.

The Chiefs re-signed DE Charles Omenihu to a one-year, $7 million contract. (Source: Adam Schefter on Twitter)

Fantasy Impact: Omeniu played in limited games last season as he was recovering from a torn ACL suffered two years ago. He'll continue to hold a rotational role on the Chiefs defensive line.

DT Tuli Tuipulotu agreed to a contract with the Chiefs on Wednesday, per league sources. After being waived by the Eagles post-training camp in August, he joined Kansas City’s 53-man roster in early September. Tuipulotu saw action in Weeks 17 and 18 of 2024, logging four tackles (two solo) across those games. His new deal positions him to vie for a rotational spot on the Chiefs’ defensive line in 2025. (Source: Mike Garafolo)

Fantasy Impact: Tuipulotu’s late-2024 cameo—four tackles in two games—barely registers for fantasy, even in deep IDP leagues. A rotational DT role in Kansas City might bump his snap count, but he’s miles from starter relevance without a breakout. Dynasty owners in massive rosters could stash him for depth, but redraft players can ignore him—his ceiling’s too low unless injuries gut the Chiefs’ front. Camp battles will tell if he’s worth a flyer.

The Chiefs signed QB Bailey Zappe. (Source: Tom Pelissero on Twitter)

Fantasy Impact: Zappe spent some time on the Chiefs practice squad. He will compete with Gardner Minshew for the backup job in Kansas City.

The Chiefs have signed QB Gardner Minshew II to a one-year contract. (Source: NFL on Twitter)

Fantasy Impact: Minshew will provide the Chiefs with a veteran backup to QB Patrick Mahomes. Barring an injury to Mahomes in 2025, Minshew will not hold any fantasy value.

The Chiefs restructured Patrick Mahomes’ contract. (Source: Field Yates on Twitter)

Fantasy Impact: The move opens up $49.4 million against the salary cap in 2025. Mahomes had been expected to count as a $66 million cap hit in 2025 before the restructure.

The Chiefs re-signed LS James Winchester on a one-year, $1.65 million contract.

Fantasy Impact: Winchester will continue to add depth in the tight end room for Kansas City.

Veteran running back Samaje Perine is returning to the Cincinnati Bengals on a two-year deal worth up to $3.8 million. (Source: Mike Garafolo on Twitter)

Fantasy Impact: With Zack Moss recovering from a neck injury, leaving an uncertain timeline and future, Perine adds a third-down/passing-down back to complement Chase Brown in 2025. The Bengals did not have a strong second option after Moss went down, and Perine returns to Cincinnati after spending time in Denver and Kansas City as a pass-catching specialist (73 carries and 78 receptions over his previous two seasons).

Chiefs OG Trey Smith signed his one-year, $23.4 million franchise tag. (Source: Ian Rapoport on Twitter)

Fantasy Impact: Smith will earn $23.4 million fully guaranteed on the franchise tag. He had the tag placed on him with the hopes of the two sides agreeing to a long-term extension.

The Chiefs re-signed LB Nick Bolton to a three-year, $45 million contract. (Source: Jordan Schultz on Twitter)

Fantasy Impact: Bolton gets $30 million guaranteed on his new contract. He could have signed with another team in free agency, but he'll instead look to run it back with Kansas City.

The Chiefs re-signed WR Hollywood Brown to a one-year, $11 million contract. (Source: Adam Schefter on Twitter)

Fantasy Impact: Brown appeared in just two games last year in the regular season after getting hurt before the season started. The Chiefs wide receiver room remains up in the air with Rashee Rice returning from an injury and a potential suspension as well as Xavier Worthy getting arrested on Saturday.

Xavier Worthy was arrested on an assault charge against a family member on Friday night. No further details at the time of writing. (Source: Will Kunkel on X)

Fantasy Impact: Kansas City can’t seem to get away from receivers with legal issues. Worthy is coming off of a promising rookie year and a massive Super Bowl performance, but now it’s likely the NFL will suspend him for a decent length of time. Add in the fact that the Rashee Rice suspension is looming, and Kansas City may be without their top to wideouts for the first part of 2025.

The Chiefs re-signed P Matt Araiza to a one-year, $960k contract. (Source: Tom Pelissero on Twitter)

Fantasy Impact: Araiza posted a strong first season in Kansas City. He'll remain the starting punter for at least one more season with the Chiefs.

Travis Kelce has officially announced he is returning for the 2025 season. (Source: Ari Meirov on Twitter)

Fantasy Impact: Kelce texted Pat McAfee the news. McAfee said the “source” he reached out to regarding Kelce’s future replied to his text saying, “I’m coming back for sure. I’m gonna try and get to the best shape I’ve been this offseason and get back to the mountaintop.” It was a down season for Kelce last year, hauling in 97 passes for 823 yards and three touchdown. His best days are likely behind him, but he'll still be a reliable target for Patrick Mahomes in the middle of the field.

The Chiefs signed Tyquan Thornton to a reserve/future contract.

Fantasy Impact: Thornton ended last season on the Chiefs practice squad after he was waived by the Patriots. He'll compete for a depth spot in the Chiefs wide receiver room this offseason.

Chiefs coach Andy Reid said he hasn’t decided whether the team will activate Mecole Hardman from injured reserve. (Source: Matt McMullen on Twitter)

Fantasy Impact: Hardman was not activated from IR for the Divisional Round. The Chiefs would have to release a player from their 53-man roster if they are to activate Hardman later in the week.

The Chiefs activated Jaylen Watson from injured reserve. (Source: Kansas City Chiefs on Twitter)

Fantasy Impact: This was the expectation all week. Watson upgrades the Chiefs secondary in a big way after playing every snap over the first month of the season.

The Chiefs reportedly plan to start Joe Thuney at left tackle in Saturday's Divisional Round game against the Texans. (Source: Jeremy Fowler on Twitter)

Fantasy Impact: Thuney is expected to start despite D.J. Humphries being healthy. The Chiefs are expected to be fully healthy on their offensive line.

D.J. Humphries is off the injury report for Saturday's Divisional Round game against the Texans. (Source: Tom Pelissero on Twitter)

Fantasy Impact: Humphries was able to practice in full all week. The Chiefs offensive line should be at close to full health heading into Saturday.