The Chiefs apparently have their quarterback now, but they paid a handsome price for him.
According to Tim Kawakami of the San Jose Mercury News, the 49ers will get a second-round pick this year and “a similar pick in the 2014 draft” in exchange for quarterback Alex Smith.
That’s a haul for the 49ers, who have more draft picks than will ever make their roster this year (which could put them in prime position to make a run at disgruntled Jets cornerback Darrelle Revis).
Paying that kind of price also speaks to the Chiefs figuring out a deal to extend Smith, since that kind of price for two years seems excessive.