Alex Smith, Kansas City Chiefs agree to 4-year, $68M contract extension
By Josh Sanchez
Kansas City Chiefs quarterback Alex Smith has been looking for more money and he was finally able to cash in on Labor Day Weekend with a big money contract extension from the team.
According to Terez Paylor of the Kansas City Star, Smith and the Chiefs have agreed to a four-year, $68 million contract extension that gives Smith $45 million in guaranteed money.
The #Chiefs and Alex Smith have agreed to a four-year, $68M contract extension with $45M in guarantees, a league source tells me.
— RIP Terez A. Paylor (@TerezPaylor) August 31, 2014
Smith will now be under contract through the 2018 season.
That’s not a bad haul for the man who was sent away from the San Francisco 49ers to allow Colin Kaepernick to take over the offense.
So how does Smith’s contract stack up against the other big money deals that we have seen in the past few months?
Matt Ryan, w/same agent as Alex Smith, got $59M guaranteed last year. Kaep $61M. Cutler $54M. Dalton only got $25M. Alex has $45m.
— Jeff Rosen (@jeff_rosen88) August 31, 2014
The Chiefs also agreed to a contract extension with star running back Jamaal Charles earlier in the offseason, so now their focus will have to shift to pass rusher Justin Houston.
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