The Kansas City Chiefs are releasing wide receiver Marquez Valdes-Scantling to save $12 million against the salary cap, multiple outlets reported Wednesday.

The 29-year-old veteran won back-to-back Super Bowls with the Chiefs the past two seasons after spending his first four campaigns with the Green Bay Packers.

Valdes-Scantling caught 21 passes for 315 yards and a touchdown in 16 games (10 starts) in the regular season in 2023. He had a 16-yard TD grab in the 25-22 overtime win against the San Francisco 49ers in Super Bowl LVIII.

A fifth-round pick by the Packers in 2018, Valdes-Scantling has 186 receptions for 3,155 yards and 16 touchdowns in 92 career games (60 starts).

Valdes-Scantling, who signed a three-year, $30 million contract with Kansas City in March 2022, would become an unrestricted free agent.