The Kansas City Chiefs and first-round draft pick Peter Woods have reached an agreement on a four-year, $18 million contract, according to Adie von Gontard and Ray Haija of YMAPAA Sports.
The deal is fully guaranteed, marking a significant commitment from the franchise to their top selection. In addition to the total value of the contract, Woods is reportedly receiving the highest upfront percentage of his signing bonus of any first-round pick in Chiefs history.
By finalizing the deal today, the Chiefs ensure that their premier rookie will be under contract and ready for the upcoming season. Woods was a highly-touted prospect heading into the draft, and this agreement follows the slotted structure for first-round rookie deals while featuring the unique bonus payout negotiated by his representatives. The move solidifies the Kansas City roster as they look to integrate their newest defensive asset into the system.
This is a developing story. Check back for updates.
Sources & Original Reporting