On October 17, a 6-yard pass and a tightrope run into the end zone ended the Chiefs' 11-year drought in Mile High Stadium. Joe Montana and the Chiefs faced a 4-point deficit on Monday Night Football. The final drive in the final 82 seconds took nine plays, all of them Montana passes except one run of 10 yards by Marcus Allen; Montana's final pass was a five-yard score to Willie Davis for the 31–28 Kansas City win. For the game, Montana hit 34 of 54 pass attempts for 393 yards and 3 touchdowns and the Chiefs, now 4–2, had now thrust themselves back into the playoff hunt. The game was tied 14–14 at the half. Lin Elliott's field goal with 4:08 left in the game temporarily put the Chiefs ahead 24–21. A Marcus Allen fumble set up the Broncos' final touchdown, but Montana and his inspiring confidence resulted in the comeback.
Montana would have another great season passing for 3,283 yards. The rushing game improved from 1993 as the Chiefs rushed for 1,732 yards and twelve touchdowns (up from the previous year's 1,655 yards). Allen's game trailed off form 1993 as he gained 709 yards to lead the team (to 764 the previous year), while rookie Greg Hill managed only 574 yards for the season. Fullback Kimble Anders was the leading receiver with 67 receptions. The defense showed flashes of brilliance as it improved to seventh in fewest points allowed from 1993's ninth, and as had become the standard, was led by perennial Pro BowlersDerrick Thomas and Neil Smith. Defensive back Dale Carter had a superb year and was also chosen for the Pro Bowl.
On December 24, Marcus Allen gained 132 yards rushing as the Chiefs beat the Los Angeles Raiders 19–9. The win secured a fifth-straight playoff spot for the Chiefs.