(WIBW) -- According to a report by Sports Illustrated's Albert Breer, the Kansas City Chiefs and the San Francisco 49ers have agreed to parameters on a trade deal for outside linebacker Dee Ford.
Breer reported the Chiefs would receive a 2020 second-round pick.
ESPN's Josina Anderson also reported Ford would receive a five-year deal for $87.5 million once the trade becomes official.
Yahoo! Sports' Terez Paylor also reported the news.
Ford was franchise tagged by Kansas City officially on March 4 after the best season of his career which saw the former Auburn star rack up 13 sacks and seven forced fumbles.
The franchise tag for an outside linebacker next season is just over $15.4 million.
The move comes after the organization hired new defensive coordinator Steve Spagnuolo who plans to implement a 4-3 scheme instead of former coordinator Bob Sutton's 3-4.
Trading Ford frees up about $15.4 million in cap space.