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Source: Chiefs sign Travis Kelce to 2-year, $34.25M contract

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KANSAS CITY, Mo. -- The Chiefs gave tight end Travis Kelce a significant raise with a new two-year contract Monday.

A source told ESPN's Adam Schefter that the deal is worth $34.25 million with $17 million fully guaranteed for this season and most of the rest to be guaranteed on the third day of the 2025 league year.

"Hard to put in words what Travis means to this organization, this city, and he was certainly a priority to adjust his contract for us and it was something that was important for Clark [Hunt].