There is nothing like a deadline to spur action.
Days before the NFL season opens, quarterback Alex Smith and the Kansas City Chiefs struck a four-year, $68 million extension worth roughly $17 million per year that includes $45 million in guarantees, NFL Media Insider Ian Rapoport reports per a source informed of the deal. The Kansas City Star first reported the news.
The Chiefs later officially announced the signing.
Smith is entering his 10th season, and there were questions this offseason about whether the Chiefs wanted to pay him among the top-tier of NFL quarterbacks. Smith won the staring contest by not agreeing to an Andy Dalton/Colin Kaepernick pay-as-you-go deal.
Smith had one year left on his contract at $7.5 million this season, which brings down the five-year average slightly.
According to Rapoport, the deal allows the Chiefs to pay him a price they believe is fair without going into the dreaded Joe Flacco territory.
http://www.nfl.com/news/story/0ap30...mith-finishing-up-fouryear-contract-extension
Days before the NFL season opens, quarterback Alex Smith and the Kansas City Chiefs struck a four-year, $68 million extension worth roughly $17 million per year that includes $45 million in guarantees, NFL Media Insider Ian Rapoport reports per a source informed of the deal. The Kansas City Star first reported the news.
The Chiefs later officially announced the signing.
Smith is entering his 10th season, and there were questions this offseason about whether the Chiefs wanted to pay him among the top-tier of NFL quarterbacks. Smith won the staring contest by not agreeing to an Andy Dalton/Colin Kaepernick pay-as-you-go deal.
Smith had one year left on his contract at $7.5 million this season, which brings down the five-year average slightly.
According to Rapoport, the deal allows the Chiefs to pay him a price they believe is fair without going into the dreaded Joe Flacco territory.
http://www.nfl.com/news/story/0ap30...mith-finishing-up-fouryear-contract-extension