Jones, 31, was released by the New York Jets on Friday.
Over a week ago, we thought it made sense to bring Jones in to complement Jamaal Charles.
Schefter also reports the Chiefs were planning on bringing in Pittsburgh Steelers free agent RB Willie Parker. The Chiefs had a visit scheduled with former Oakland Raiders RB Justin Fargas this evening. No word yet on whether that'll happen.
Per Schefter, Jones is coming in on a two year contract. He'll make $3 million the first year and $2 million the second. There is also $500,000 in incentives.
Welcome to Kansas City, Mr. Jones.