On Wednesday we heard the Kansas City Chiefs agreed to terms with seventh round pick Yale FB Shane Bannon and earlier today we heard they agreed to terms with fifth round pick Iowa QB Ricky Stanzi.

Your third reported Chiefs draft pick signing is third round pick DE Allen Bailey. Aaron Wilson of FOX Sports reports it's a four-year deal worth $2.67 million and a nearly $556,000 signing bonus.

Not bad for a guy from a small, small island I've never heard of.

Bailey makes three total draft picks reportedly agreed to terms. There may be more out there that we don't know about yet. [Editor's note: I saw some reports saying CB Jalil Brown had signed citing his Twitter page but his Twitter page does not indicate he's signed.]

The remaining Chiefs draft picks to sign include WR Jonathan Baldwin, C Rodney Hudson, LB Justin Houston, CB Jalil Brown, LB Gabe Miller and DT Jerrell Powe.