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Sean Smith’s base deal: Three years, $16.5 million

Titans Dolphins Football AP

The 2013 cornerback market is worse than previously believed.

The contract signed by Sean Smith with the Chiefs widely was reported as being worth $18 million over three years, for a modest average of $6 million per year.  In reality, it’s even more modest than that.

Per a source with knowledge of the contract, it has a base value of only $16.5 million, which equates to an average of $5.5 million annually.

Escalators and incentives can push the number to $18 million.

Also, only $7.465 million is fully guaranteed.  The 2014 base salary of $3.45 million is guaranteed for injury only, and it becomes fully guaranteed on February 7.

So, basically, the top of the cornerback market is $5.5 million per year.

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29 Responses to “Sean Smith’s base deal: Three years, $16.5 million”
  1. itsacurse says: Mar 17, 2013 7:16 PM

    This pushes Revis’ expected contract value DOWN, which pushes his trade value UP

  2. Stiller43 says: Mar 17, 2013 7:19 PM

    5.5 for a 3rd CB is damn good, if you ask me

  3. joemontanawasthegreatest says: Mar 17, 2013 7:19 PM

    Bushrod pulled in only 7.5 as the top left tackle, buyers market on the tackles and cornerbacks.

  4. pigbenis69 says: Mar 17, 2013 7:21 PM

    Goes to show you how bad Nnamdi is – the Eagles paid him $4mil this year just to gtf0

  5. wte1 says: Mar 17, 2013 7:23 PM

    Man! Sandcastle picked the wrong year to give it a go!

  6. jwayne111 says: Mar 17, 2013 7:25 PM

    love to hear this – NFL were big winner in latest CBA…from rookie pay to free agency. NFL payscale was heading in direction of MLB&NBA. now the QB pay will adjust IMO over next 4-6 yrs.

  7. thestrategyexpert says: Mar 17, 2013 7:25 PM

    And with this post Deangelo Hall’s mind is officially blown for the most shocking news of his entire lifetime.

  8. derekjetersmansion says: Mar 17, 2013 7:26 PM

    Thanks, Revis. — every other cornerback in the league.

  9. tannethrill says: Mar 17, 2013 7:40 PM

    I guess he didn’t want to be in Miami or Miami didn’t want him because the contract is reasonable.

  10. Iknoweverything says: Mar 17, 2013 7:43 PM

    The Chiefs are showing all other franchises how to go from worst to first, and then to multiple championships.

    John Dorsey and Andy Reid are geniuses. Andy finally has the opportunity to work with a GM as football intelligent as himself. He finally has a class organization that works with him, and he finally has class fans that actually understand the game.

    Mr. Dorsey and Mr. Hunt are showing everyone how to build a dynasty team and win titles LEGITIMATELY.

  11. dvo21 says: Mar 17, 2013 7:46 PM

    not sure what to think about all the chiefs moves this off season. they will be an interesting team to watch in the upcoming season. i hope the best for them.

  12. larry321 says: Mar 17, 2013 7:50 PM

    Maybe Woody Johnson isn’t such an idiot for not wanting to pay Revis $15 million a year.

  13. sadskinsfan89 says: Mar 17, 2013 7:53 PM

    Thats as much as Revis thinks hes worth Per Season. Hopefully seeing these #s will make him think about his situation

  14. sammyias says: Mar 17, 2013 7:54 PM

    “Curran recently reported that the Pats had a deal in place with Amendola on Tuesday, before Amendola opted to sign with the Broncos. But the Patriots presumably reeled in Amendola only after realizing that Welker wanted more moolah than his age, skill level, and position justified.”

    Yep, he had the Wine, and the Ambien.

  15. gbatap says: Mar 17, 2013 8:03 PM

    I wonder how much Cowboy and Rams fans love Carr and Finnegan now.

  16. annes22 says: Mar 17, 2013 8:04 PM

    Glad Sean Smith left the Dolphins, he was not very good. Hope he turns out better in Kansas city, maybe he can catch a ball there, because he couldn’t in Miami.

  17. Iknoweverything says: Mar 17, 2013 8:58 PM

    Dude, wrong story. Take it to the proper venue. Dolt

  18. riverhorsey says: Mar 17, 2013 9:28 PM

    Both parties came out good. Nothing wrong w 5.5-6.0 mil a year.

  19. riseabovecancer says: Mar 17, 2013 9:51 PM

    Who the heck cares how much money Sean Smith got from the Kansas City Chiefs.

    We Kansas City Chiefs fans are shocked that the Kansas City Chiefs was that active in the free agent market.

    Over the past years. the Kansas city Chiefs was never that active in the free agent market…It took them a week and a half after free agency started to even pick up there 1st free agent.

    This year. Kansas City jumped on guys that they wanted to be on this team and they actually opened the check book to actually get those players.

    You have to give a big prop for Clark Hunt to do that.

  20. chrisk61 says: Mar 17, 2013 9:59 PM

    the chiefs fans getting excited over all these moves are amusing. they may be winning the off season super bowl but that is it. wait til the games start. and wait til andy reid starts losing gms because he fails to adjust & has poor clock management during the gm and then has brutally incommunicative — with the same stupid cliches — post-gm press conferences.

  21. andymannfl says: Mar 17, 2013 10:25 PM

    If Sean Smith represents the ‘top of the cornerback market’, then all remaining CB’s available must be awful. Ask any Dolphin fan and they’ll tell you Smith is average at best. No picks, lots of completions surrendered and too many TDs against him.

  22. doe22us says: Mar 17, 2013 11:21 PM

    Wow, wondering what happened to the CB market? Corners even mediocre ones see Eric Wright used to make top change, not that $6m is anything to sneeze about.

  23. kcchiefsfandave says: Mar 17, 2013 11:21 PM

    “5.5 for a 3rd CB is damn good, if you ask me”

    Dunta will probably play free safety.

    I’ve heard a lot of Phins fans complain about this guy. Maybe a change of scenery will help him out.

    Maybe Pioli did us a favor with Carr. An unintentional favor after the fact.

  24. 69finfan says: Mar 17, 2013 11:23 PM

    At 5.5 mil/year that will equate to about 2.75 mil/interception realed in (at the most). Good luck Chief’s fans.

  25. riseabovecancer says: Mar 18, 2013 12:24 AM

    Not excited….Just shocked….As a Kansas City Chiefs fan. I was surprised to see the Chiefs hired Andy Reid as head coach. After all those reports said he was going to Arizona to coach the Cardinals.

    Also just so you know…Kansas City Chiefs ticket sales have tripled over the past 2 years. So that at least tells you that some Kansas City Chiefs fans are excited to see what this team can do.

    Why not be excited…Look what the Colts did in 2011 and then look what they did in 2012

    Maybe the Kansas City Chiefs can do the same thing

    We Kansas City Chiefs fans support our team even if its a down season…and we Chiefs fans support Clark Hunt for the hires of John Dorsey and Andy Reid.

  26. boobschannel says: Mar 18, 2013 1:45 AM

    this is exactly why minnesota cut antoine winfield rather than let him play out the last year of his contract. when you have namdi and revis being thrown about in trade rumors and discussions leading up to free agency, and then it hits, and the market is literally flooded with CBs, and the younger (read: more valuable) are getting crappy offers like this, it’s easy to understand why other teams aren’t writing huge checks for these guys.

  27. joetoronto says: Mar 18, 2013 6:33 AM

    And still no QB.

  28. hehateme2 says: Mar 18, 2013 12:18 PM

    Still more than he’s worth. KC has a long way to go.

  29. mykl954 says: Mar 18, 2013 6:43 PM

    He’s lucky to get half of that. He can’t intercept balls thrown right to him, can’t tackle and his late game and overtime coverage skills cost the Fins 2 games. Best of luck, KC, you’ll need it.

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