Although I've got my own opinions on the #1 overall pick, this isn't the time to write the name on the card. This is the time to determine the draft slot's true value to other teams. The first phase of the process has already begun with Dorsey saying there is no consensus #1 pick, thus leaving the door open to the Chiefs drafting anyone.
This is where phase two comes in. It has two parts. Part one is; the Chiefs now need to be connected to as many of the top 10 players as possible in order to put doubt into how the draft will shake out. The teams below us have their plan A and plan B, but what if they might not get either? How much will it cost them to move up? If one team is considering moving in front of another, then that other team needs to think about moving up too in order to get their player. The more fear and doubt in other teams we can generate, the higher the bidding price for the #1 overall pick.
Part two is to talk up the talent. The Chiefs need to be "impressed" with the quality of players available in the top 10. No specific names need to be dropped, in fact it's better to be a little vague. There must be a couple "franchise cornerstones", whether there truly are or not. Everyone likes to have their beliefs reinforced and opinions confirmed. Nobody wants to miss out on an opportunity. Use those two human traits to gain advantage. If a lower picking scout hears that another scouting team agrees with his assessment that a player is a franchise cornerstone, you've confirmed his opinion and carved it in stone. If a lower picking team hears about franchise cornerstone players and doesn't show any on their board, they're going to take another look. When you're looking to find greatness, you will find it even if it's not there.
Phase three is to openly shop the #1 pick. Teams anywhere in the draft will be able to move beyond doubt and fear if they only had the #1 pick. What a great asset it would be to pick a franchise player ahead of their rival and cement their Super Bowl level team for the next decade.
As you can see, phase one (already completed by Dorsey) instilled doubt: We could draft anyone. Phase two instilled fear: The Chiefs might draft a coveted player. Phase three instills hope: If a team trades for the #1 pick, they would absolutely get the player they desire before their rivals.
Throughout the combine and the Pro-Days you should hear all about how the Chiefs are impressed with the players they are seeing. The goal is to generate as much fear and doubt in others as possible. Look for numerous well timed comments by Reid, Dorsey, and select members of Reid's coaches to help keep the pressure level high. With a week or two left before the draft, there should be a comment released that the Chiefs are "actively" seeking to trade the pick, not just fielding calls. That bidding should lead right up until the draft.
Come draft day, the Chiefs will truly know what the #1 overall pick is worth. Whether they make the pick themselves is a decision they shouldn't make until that time.