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Jeremy Maclin's new contract has a cap hit of $3.4 million in 2015

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Howard Smith-USA TODAY Sports

The details on Jeremy Maclin's 5-year, $55 million contract with the Kansas City Chiefs are out.

Cap expert Joel Corry reports the full breakdown below. What we really care about are the salary cap numbers. The first year will carry just a $3.4 million cap hit, which is good news for this year's cap. After that it moves to over $12 million each year. Dwayne Bowe had a similar contract and his first year cap hit was $4 million so I figured the Chiefs could keep that number low this year with Maclin's deal.

Guaranteed: $22.5M

Signing bonus: $12 million

The details: