Kansas City is slated to waive Toney on Tuesday, Adam Schefter of ESPN reports.
Toney's arrow appeared to be pointing up back in 2022, when he was traded by the Giants mid-season and made some key plays in Kansas City's Super Bowl LVII win, but across 13 regular-season appearances in 2023 he was mistake-prone and inconsistent, totaling a 27-169-1 receiving line. Kansas City's recent addition of JuJu Smith-Schuster, who also played for the team in 2022, seems to have made Toney fully redundant as the team cuts down to 53 players. The 2021 first-round pick got some work out of the backfield and on special teams in training camp, and he boasts enough talent that another club could claim him off waivers.