Report: Jets trading QB Justin Fields to Chiefs

The New York Jets are finalizing a trade to send quarterback Justin Fields to the Kansas City Chiefs, multiple outlets reported Monday.

The Jets will acquire a 2027 sixth-round draft pick in exchange, with the Chiefs taking on $3 million of the guaranteed $10 million of Fields' salary.

The move frees up about $4 million in cap space for New York and gives Kansas City a new backup quarterback for Patrick Mahomes, who is recovering from a torn ACL sustained in Week 15 of last season.

Mahomes, 30, is targeting a Week 1 return. Fields provides some insurance in case the two-time NFL MVP and three-time Super Bowl champion is not ready for the opener.

The deal is pending the result of a physical for Fields, 27, who signed a two-year, $40 million contract with the Jets last March but appeared in only nine games (2-7 as a starter).

New York traded for Raiders quarterback Geno Smith and also has Bailey Zappe and Brady Cook on the roster. Kansas City's QB room includes Mahomes, Jake Haener, Chris Oladokun and now Fields.

Drafted 11th overall by Chicago in 2021, Fields has a 16-37 record as a starter with the Bears (2021-23), Pittsburgh Steelers (2024) and Jets. He has completed 61.4% of his passes for 9,039 yards, 52 touchdowns and 32 interceptions while rushing for 2,892 yards and 23 scores.