Mahomes and Jones are both tied to the Chiefs for years to come -- Mahomes is signed through 2031, and Jones through 2028 -- so Kansas City's adjustments here were likely related to how and when those players' contracts get paid out.

The Kansas City Chiefs have restructured the contracts of quarterback Patrick Mahomes and defensive tackle Chris Jones to clear up $49.446 million in cap space, according to ESPN’s Field Yates.

The Chiefs have opened up a major chunk of cap space ahead of Wednesday afternoon's start to the new league year.