Hali, a first-round pick out of Penn State, was a five-time Pro Bowl selection and ends his time in Kansas City second on the team's all-time sack list behind only Derrick Thomas (89.5).
The Chiefs have also waived safety Ron Parker ahead of the start of free agency this week. Hali had signed a 3-year, $21 million extension as recently as 2016, and a cap hit of almost $9.4 million this coming season simply wasn't anything the Chiefs could afford to stomach.
The Chiefs were strapped for cash heading into the offseason, necessitating moves on several fronts. They'll be hit with $1.7 million in dead money.
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The $75,000 fine comes on top of $7.36 million in forfeiture Shkreli had already been ordered to pay following his conviction. Attorney Jacquelyn Kasulis said Friday that the judge must also consider the history and characteristics of the defendant.
Hali indicated he was strongly considering retirement last December. In 2015, he signed a five-year, $30-million with Kansas City. "His incredible work ethic and passion for the game helped make him one of the most successful pass rushers in franchise history". He played in seven playoff games (four starts) with the club, recording 16 tackles (10 solo), 2.0 sacks (-8.0 yards), two forced fumbles and one fumble recovery.
"It was great playing in front of the fans in Arrowhead and with some of the best teammates", he said on Twitter. "I look forward to this new journey and chapter".
"I'm grateful I had the privilege of working with Tamba and getting to know him on a personal level", Head Coach Andy Reid said.