Sneed and Tennessee agreed to terms Tuesday on a four-year, $76.4 million contract, Ian Rapoport of NFL Network reports. Sneed's massive new contract reportedly includes a $20 million signing bonus and $55 million guaranteed, though the exact guarantees haven't been disclosed. It's an enormous commitment from Tennessee, but the team is installing Sneed as its No. 1 cornerback after parting with a 2025 third-round selection and 2024 seventh-round pick to acquire him from Kansas City.
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Sneed and Tennessee agreed to terms Tuesday on a four-year, $76.4 million contract, Ian Rapoport of NFL Network reports. Sneed's massive new contract reportedly includes a $20 million signing bonus and $55 million guaranteed, though the exact guarantees haven't been disclosed. It's an enormous commitment from Tennessee, but the team is installing Sneed as its No. 1 cornerback after parting with a 2025 third-round selection and 2024 seventh-round pick to acquire him from Kansas City.
Sneed was traded to the Titans on Friday in exchange for a 2025 third-round selection and 2024 seventh-round pick, Adam Schefter of ESPN reports. Sneed and Tennessee are expected to work out a new contract once the trade is finalized. The Chiefs placed a non-exclusive franchise tag on him prior to free agency before granting the cornerback permission to seek a trade and speak with teams around the league. That ultimately led to a deal with the Titans, where Sneed will presumably slot into the No. 1 cornerback role heading into the 2024 campaign.
The Chiefs placed the non-exclusive franchise tag on Sneed on Monday. The transaction was expected, having been reported by Dianna Russini of The Athletic on Sunday. Sneed has permission to seek a trade and speak with teams around the league, so it's still possible he still ends up playing elsewhere during the 2024 season, if another club is willing to send sufficient draft compensation to Kansas City. Since joining the Chiefs in the fourth round of the 2020 NFL Draft, Sneed has proven an ability to absolutely thrive in defensive coordinator Steve Spagnuolo's scheme. Kansas City also continues to work towards an extension that would allow for retaining star lineman Chris Jones, so freeing up cap space could remain a serious motivation to find a trade partner for Sneed.
The Chiefs will officially place their franchise tag on Sneed on Monday, Dianna Russini of The Athletic reports. Sneed is coming off a stellar 2023 campaign in which he recorded a career-high 14 passes defended to go along with 78 tackles. The cornerback's been expected to be franchise tagged by Kansas City for some time, as the team is also working toward an extension with star defensive tackle Chris Jones, per Russini. Such a deal would likely lessen the financial space that the team would be willing to dedicate toward Sneed, so it's also possible the team will attempt to trade him following this franchise tag.
The Chiefs are expected to use their franchise tag Sneed prior to the March 5 deadline, Ian Rapoport of NFL Network reports. Per Rapoport, the Chiefs have yet to officially apply their franchise tag on the cornerback, and in the meantime, Sneed reportedly has permission to seek a trade. In his fourth NFL season in 2023, the 2020 fourth-round pick recorded 78 tackles and two interceptions in 16 games for the Chiefs.
Team
Tennessee Titans
Birthdate
1/21/1997 (27)
Status
Active
HT/WT
6'1", 192 lbs
Draft Info
2020: Rd 4; Pk (KC)
Birthplace
Minden, LA, USA
Position
CB
College
Louisiana Tech
Experience
5th season
Career History
Kansas City Chiefs
2020 - 2024
(4 seasons)
Previous Game
25
Final
22
3
TOTAL
0
SACK
0
INT
2023 Post Season Stats
SK
TK
AST
INT
TFL
0
14
3
0
0
2023 Regular Season Stats
SK
TK
AST
INT
TFL
0
60
18
2
0
|
Recent games
|
defensive
|
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|
Date
|
Opp
|
Result
|
SOLO
|
AST
|
TOTAL
|
SACK
|
SACK YDS
|
INT
|
DEF
|
TFL
|
|
Post Season
|
||||||||||
|
2/11
|
W 25-22
|
2
|
1
|
3
|
0
|
0
|
0
|
1
|
0
|
|
|
1/28
|
W 17-10
|
5
|
0
|
5
|
0
|
0
|
0
|
0
|
0
|
|
|
1/21
|
W 27-24
|
3
|
2
|
5
|
0
|
0
|
0
|
0
|
0
|
|
|
1/13
|
W 26-7
|
4
|
0
|
4
|
0
|
0
|
0
|
2
|
0
|
|
|
Regular Season
|
||||||||||
|
12/31
|
W 25-17
|
2
|
1
|
3
|
0
|
0
|
0
|
1
|
0
|
|
|
12/25
|
L 14-20
|
3
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
|
|
12/17
|
W 27-17
|
8
|
1
|
9
|
0
|
0
|
0
|
2
|
2
|
|
|
12/10
|
L 17-20
|
5
|
2
|
7
|
0
|
0
|
0
|
3
|
0
|
|
|
12/3
|
L 19-27
|
3
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
|
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