Travis Kelce's Contract Expires: Return 'Likely' but Dynasty Managers Should Sell

Travis Kelce's contract with the Kansas City Chiefs has officially expired, making one of the greatest Tight Ends in history a free agent.

The Situation

• Status: Unsigned.
• Reports: Insiders suggest a return to Kansas City is "likely," potentially on a one-year deal.
• The Narrative: "One last ride" with Patrick Mahomes.

The Dynasty Trap

If you see a report saying "Kelce leaning towards return," your instinct might be to hold him for 2026. Don't.

• Age Cliff: He is entering his age-37 season. The decline in separation metrics was already visible in 2025.
• Value Spike: This "I might come back" news is likely the last value spike he will ever have.
• Action Plan:
  • Contenders: If you can get a productive veteran WR (like a Mike Evans type) + a pick, do it.
  • Rebuilders: Take any 2nd round pick you can get. If he retires in May, you get nothing. If he plays, he's a volatile TE1.

Kansas City's Plan B

With Noah Gray showing flashes, the Chiefs may draft a TE early regardless of Kelce's decision. Monitor their pre-draft visits. If they interview top TE prospects, the writing is on the wall.