The Kansas City Chiefs are preparing to use the franchise tag on L'Jarius Sneed and are open to a trade if no long-term deal is reached.

Sneed is agreeable to the scenario, which gives him a chance to talk with other teams while the Chiefs remain in play for his services for the 2024 season. 

The Chiefs are expected to use the nonexclusive franchise tag, which would cost about $19 million for the 2024 season.

Sneed had his best season ever in 2023 as one of the best cornerbacks in the NFL.