Alex Smith is ready to return to the San Francisco 49ers.
Smith and the 49ers have agreed to terms on a one-year deal. According to multiple reports, Smith will make about $5 million this season.
The news comes as no surprise; Smith said yesterday that he expected to sign a new deal with the team as soon as possible.
Although second-round draft pick Colin Kaepernick is expected to start for the 49ers eventually, Smith can be penciled in as the starter for at least the beginning of the 2011 season.
The first overall pick in the 2005 NFL draft, Smith has spent his entire career with the 49ers. He was largely written off as a bust a few years ago, but in the past couple of years he has actually played fairly well, with 32 touchdowns and 22 interceptions in 20 starts over the last two seasons.