Report: Chiefs, QB Alex Smith agree to four-year deal

Sunday August 31st, 2014

The Chiefs and quarterback Alex Smith agreed to a four-year deal on Sunday, as Terez A. Paylor of The Kansas City Star first reported.

The deal could be worth a total of $68M over four years. $45 million of it is guaranteed.

Michael Sam reportedly unclaimed off waivers, free to sign with any team

Smith, 30, was a Pro Bowler last season after throwing for a career-high 3,313 yards and 23 touchdowns in 15 games, leading the Chiefs to the playoffs for the first time since 2010. He set a franchise record for a playoff game with 378 yards and four touchdowns in a 45-44 loss to the Colts in the wild card round.

Smith had one year left on a deal that would have paid him $7.5 million this season. The first pick of the 2005 draft, Smith spent his first eight NFL seasons with the 49ers before they traded him to Kansas City for two second-round draft picks last offseason.

Report: Pats QB Ryan Mallett traded to Texans

- Chris Mascaro

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