The Tennessee Titans are finalising a deal to acquire cornerback L’Jarius Sneed from the Kansas City Chiefs in exchange for a pair of draft picks, according to multiple sources.

The Chiefs are expected to receive a third-round pick in next year's draft and swap picks with the Titans in next month's draft. The two sides are working on a new contract to make Sneed one of the highest-paid cornerbacks in NHL history.

After the Chiefs placed the nonexclusive franchise tag on Sneed earlier this month, he was allowed to talk to other teams, who could then work out a deal with Kansas City.

The 27-year-old Sneed has developed into one of the best cornerbacks in the league since he was drafted in the fourth round in 2020. He was a key part of a defence that helped Kansas City win back-to-back Super Bowl titles.

Sneed allowed a passer rating of just 55.9 on throws when he was in coverage in the regular season, ranking fifth best among cornerbacks.

Often tasked with following the opponents’ top receiver all over the field, Sneed didn’t allow a single touchdown pass until the playoffs against Buffalo and only Davante Adams of the Raiders had more than two catches in a game when Sneed was in coverage.

He had two interceptions and 14 passes defended in 16 games last season, giving him 10 picks and 40 passes defended in his four-year career.

Trade: Chiefs are finalizing a deal to send franchise CB L’Jarius Snead to the Titans, per league sources.

Chiefs are expected to receive a 2025 3rd-round pick, in addition to a 2024 7th-round pick flop, while Snead will sign a new contract. Trade is pending physical for Sneed. pic.twitter.com/GWjyKAgxZq

— Adam Schefter (@AdamSchefter) March 23, 2024