an official announcement by Travis Kelce, the Kansas City Chiefs, the NFL, or another authoritative source stating that Travis Kelce will retire from playing in the NFL before the 2026 regular season begins. The market will be settled as “Yes” if such a retirement announcement occurs before 00:00 UTC on the first day of the 2026 NFL regular season. Announcements or speculation on social media, podcasts, or by unaffiliated persons do not count unless accompanied by verification from an official team or league source. If no definitive retirement announcement is made by that deadline, the market will be settled as “No”.