According to a report by ESPN's Chris Mortensen, save around $5 million towards the cap this offseason.
Essentially, the Chiefs are replacing Maclin with Bowe. But does that totally solve their wide receiver issue? I'm not sure it solves it completely, but it's a good bit of help to go along with their emerging tight end, four 1,000-yard seasons from wide receivers. That's certainly not a good sign for Jeremy Maclin's statistical prospects.
Combine Reid's scheme with the fact that Alex Smith only attempted a pass of 20 or more yards down the field just 5.4% of the time in 2014 (the lowest average in the NFL), and you can see that Maclin could struggle to win deep often, something that he has proven to be quite good at. Last year, Maclin finished 15th in yards per target (9.4) and 10th in yards per reception (15.5).
Surely, signing Maclin is a huge help for a dwindling wide receiver group in Kansas City. They still need some depth beyond Albert Wilson, Frankie Hammond, and Junior Hemingway, but this is a great first step. But unfortunately, due to Andy Reid's offense and who is playing quarterback, Jeremy Maclin's ceiling may be capped in Kansas City.