The Cowboys are trading Hendershot to the Chiefs for a conditional seventh-round pick, Tom Pelissero of NFL Network reports.
It was previously reported that Dallas was waiving the tight end, but the Chiefs apparently were interested and made a small offer to ensure he wouldn't land with a team that had higher waiver priority. Hendershot now slots in at the bottom of Kansas City's depth chart, potentially competing with rookie Jared Wiley for the No. 3 TE role.