In order to create a more manageable cap situation for the team, the Chiefs have restructured the contracts of quarterback Patrick Mahomes and defensive tackle Chris Jones, per Field Yates . Jones' new cap hit this year is $12 million while Mahomes' cap hit is $28 million. With the move, the Chiefs created $36 million in cap space overnight.

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