
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.