Kansas City won the AFC West last season with a 10-6 record but were bounced in the Wild Card Round of the playoffs by the Tennessee Titans.
According to NFL.com, the Chiefs plan to sign Hitchens, formerly of the Dallas Cowboys, to a deal worth $9 million per season.
Both franchises are looking to upgrade their roster in free agency, and they're competing head-to-head for arguably the two top receivers on the open market.
All Blacks Sevens beaten again in Vancouver
The runner-up position was Kenya's best finish in this year's Sevens competition and the first time they had won a medal. New Zealand went on to make it three from three with wins over Russian Federation 31-5, and the Blitzbok 33-14.
It's been an offseason of overhaul for the Chiefs.
Watkins most recently played for the Los Angeles Rams for one season.
Watkins averaged 8.1 FanDuel points across 15 games last season, with 39 catches (70 targets) for 593 yards and 8 touchdowns.
Givenchy's most iconic looks of all time
The exact details of the sale of Givenchy to LVMH was not disclosed, but the entire merger was valued at $4 billion or more. French designer Hubert de Givenchy poses in front of his creations during at the Thyssen-Bornemisza Museum in Madrid, Spain.
Hitchens, who The Kansas City Star reported will make about $9 million per season, would fill Johnson's spot alongside Reggie Ragland in the middle of the defense.
Kansas City intends to turn its starting quarterback job over to Patrick Mahomes II, whom former general manager John Dorsey traded up to select 10th overall past year.
Seko asks USA to exclude Japan from metal tariffs
Japanese Trade Minister Hiroshige Seko said he had expressed Japanese concern to Lighthizer and warned of major market disruption. Under World Trade Organization rules, such counter-measures have to be in place within 90 days of the US tariffs entering force.