The Kansas City Chiefs are wrapping up the players that are important to them. After extending LB Andy Studebaker earlier this year, the Chiefs have agreed on a five-year, $34 million extension with LB Derrick Johnson, according to Adam Caplan of FOXSports.com. $15 million of that is guaranteed.

It was reported last week that the Chiefs and DJ were nearing an extension.

This is a smart move for the Chiefs. After DJ spent much of 2009 on the bench, he's come alive in 2010 becoming one of the Chiefs' cornerstone players on the defensive side of the ball. He's having a terrific season so the extension comes at a good time for both sides.

DJ was working on a one-year deal with about $2.4 million. He was scheduled to be a restricted free agent after the season so keeping him in-house was obviously important.

DJ can now head back to the office with a new deal and focus on improving the Chiefs' 5-3 record.