Kansas City Chiefs release Tamba Hali and Ron Parker, agree to sign two players

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(chiefs/espn/ap) The Kansas City Chiefs announced on Monday that the club has released linebacker Tamba Hali and veteran safety Ron Parker.  Moves designed to help Kansas City get younger on defense and have some financial freedom for the start of free agency.

Hali was due a base salary of $5,750,000 this season with a salary cap hit of more than $9 million, and his release will only cost them about $1.7 million in dead money. Parker's release saves about $5.3 million against the salary cap.
They'll save some more when the new league year begins Wednesday. That's when the trade of Alex Smith, which his salary cap number of $17 million, to the Redskins for cornerback Kendall Fuller and a draft pick, becomes official. The Chiefs will also save a bit of money when their trade of cornerback Marcus Peters to the Rams for two more draft picks becomes official.

NFL Network Insider Ian Rapoport reported the Kansas City is planning to sign wide receiver Sammy Watkins to a three-year contract, according to sources informed of the deal. The deal is expected to be worth $48 million with $30 million guaranteed at the signing,

The Chiefs also plan to sign the former Dallas Cowboys linebacker Anthony Hitchens to a deal worth $9 million per season. He was ranked No. 50 in NFL.com's Top 101 Free Agents of 2018.

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