The Kansas City Chiefs have placed the franchise tag on cornerback L'Jarius Sneed, but it appears that his future with the team is uncertain beyond the 2024 season. According to reports, Sneed has been allowed to explore a potential trade, and several teams have already expressed their interest in acquiring him.

The USA Today reports that the Minnesota Vikings, Indianapolis Colts, Tennessee Titans, New England Patriots, Detroit Lions, Atlanta Falcons, and Jacksonville Jaguars have all contacted the Chiefs to inquire about Sneed's availability. These teams recognize Sneed's talent and believe he could be a valuable asset to bolster their defensive backfield.

In order for a trade to materialize, any potential suitor would not only need to negotiate an agreement with Sneed for a contract extension but also secure the Chiefs' approval for the trade. Given the cap implications, it is likely that the Chiefs would prefer to move on from Sneed and allocate the freed-up salary cap towards other team needs.

Currently, Sneed's franchise tag accounts for a hefty $19.8 million against the Chiefs' salary cap in 2024. This leaves the team with minimal cap space, making it even more likely that they will entertain trade offers for the talented cornerback. It is anticipated that a team willing to offer Sneed a lucrative contract, along with additional draft picks for the Chiefs, will be able to finalize a trade.

Sneed has proven his abilities as a formidable cornerback during his time with the Chiefs, making him an attractive target for teams seeking to solidify their defensive units. He possesses the versatility and skillset that could significantly impact any team's secondary, providing a boost in pass defense.

The coming weeks will likely see negotiations intensify between the Chiefs and interested teams as they work towards a potential trade agreement. As the Chiefs strive to navigate the delicate balance of their salary cap, Sneed's future hangs in the balance, with numerous teams vying for his talents on the field.

While uncertainty surrounds Sneed's future, it's clear that his trade prospects have piqued the interest of several NFL franchises. The outcome of these discussions and subsequent negotiations will determine where Sneed's next chapter in the league begins as he looks for a fresh start outside of Kansas City.