UPDATE: It's $11 million per year over five years.

They're going to do it. They're really going to do it. Per a report from ESPN's Chris Mortensen, wide receiver Jeremy Maclin will sign with the Kansas City Chiefs when free agency opens on Tuesday, March 10.

The Eagles' wild ride will continue: Jeremy Maclin plans to reunite with Andy Reid in Kansas City once free agent market opens Tuesday. — Chris Mortensen (@mortreport) March 9, 2015

The Chiefs will have to clear salary cap space to get the deal done with Maclin. Most logical savings would be with Dwayne Bowe's contract. — Chris Mortensen (@mortreport) March 9, 2015

After missing out on Emmanuel Sanders last year, the Chiefs have found a receiver. This comes after a season in which -- stop me if you've heard this before -- the Chiefs receivers didn't have one touchdown reception. Oh, and you remember how that Sanders situation turned out so we'll feel better about this when the Chiefs are actually confirming it. Maclin can't sign until free agency opens on Tuesday at 3 p.m. (Arrowhead Time).

Read the Internet's reactions to the move here.

It's not known how much the contract will be but the $8-9 million range was floated. We'll update when we know anything on contract details. The Chiefs will need to clear cap space and they could do so by restructuring Tamba Hali's contract and potentially cutting Dwayne Bowe, which would save $5 million against the cap (or $11 million if he's a post-June 1 cut). NFL.com reported last week that Bowe was expected to be cut or traded (and he won't be traded).

More good news: Tamba Hali takes a pay cut. It's a good day, Chiefs fans.