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Travis Kelce signed a five-year, $46 million extension with the Chiefs on Friday, Ian Rapoport of NFL.com reports.

Kelce signed a five-year, $46 million extension with the Chiefs on Friday, Ian Rapoport of NFL.com reports.

Analysis:

The Chiefs made Kelce the second-highest paid tight end in the league, with $20.5 million of the extension guaranteed. The deal locks him up through 2021. Kelce was the Chiefs' second-leading receiver in 2015 with 72 receptions for 875 yards and five touchdowns.

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