The Chiefs, via Josh Looney of KCChiefs.com, have confirmed that tight end Tony Moeaki signed with the club on Thursday.
The Chiefs didn't release any terms but a league source clued us in on a couple details.
The deal runs four years which is in line with what the Chiefs have done with fifth round picks Kendrick Lewis and Cameron Sheffield. Last year the Chiefs went the route of the Pittsburgh model with three-year deals for the late round picks.
The deal also includes a guaranteed roster bonus instead of a signing bonus. There's effectively no difference between a roster bonus and a signing bonus in this case.
Aaron Wilson of National Football Post has more details:
The deal includes the standard base salaries of $320,000, $405,000, $490,000 and $575,000 as well as a roster bonus and a fourth-year escalator clause that can significantly boost the maximum value of the deal.
The deal is worth $2.47 million (and a max value of $3.32 million, per Wilson).
So, welcome to Kansas City, Tony Moeaki.