CB - FA
Per Field Yates of ESPN, the Steelers have released CB Steven Nelson after failing to trade him.
After publicly asking the Steelers to "not hold him hostage" Nelson has gotten his wish as he has been cut by Pittsburgh. Nelson, 28-years old, and the Steelers seemingly could not agree to a long-term extension which is what lead to the two sides parting ways. The release of Nelson clears up $8.25M in cap space for the Steelers. In 2020, Nelson had 15 starts during which he totaled 68 tackles and two interceptions. The veteran CB will likely find a new home relatively quickly.
The Chiefs are just adding depth and Nelson, although not of great size or speed, can help in situational coverages or the slot.
He'll back up Sean Smith and if Smith bolts for Free Agency then Nelson is the backup plan.