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Alex Smith talks going slowly, could pick up after the draft

Alex Smith, Cortez Allen

Kansas City Chiefs quarterback Alex Smith (11) is hit out-of-bounds after a long run by Pittsburgh Steelers cornerback Cortez Allen (28) in the second quarter of an NFL preseason football game on Saturday, Aug. 24, 2013, in Pittsburgh. Allen was penalized on the play. (AP Photo/Don Wright)

AP

Chiefs quarterback Alex Smith acknowledged on Tuesday that talks aimed at extending a contract that expires after the coming season are underway. And indeed they are.

But a source with knowledge of the situation tells PFT that the discussions are moving very, very slowly.

The discussions could, and likely will, pick up after the draft. If/when an agreement is reached, look for the deal to have a value in the neighborhood of $14 million to $17 million per year. Which would be a very good contract for a guy who was the first pick in the 2005 draft and who was at times regarded as being a borderline bust.

Smith has busted out in a big way the last few years. While it feels like he’s been around forever, Smith still isn’t 30 years old.

That’s true. I checked. Twice. He turns 30 on May 7.

And he’s made plenty of money in the NFL over the last nine years. He could be making a lot more, soon.