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Alex Smith trade details: Chiefs give up 2nd round pick, conditional 3rd round pick

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David Butler II-USA TODAY Sports

More details regarding the Kansas City Chiefs and San Francisco 49ers trade for Alex Smith are coming in. A new report sheds light on the conditional pick in the 2014 NFL Draft.

Oh, did you hear the Kansas City Chiefs traded for Alex Smith? It's true. I heard it on the internet!

The San Francisco 49ers are the perceived early winners of this trade, according to the various fan reaction I've seen. That means nothing ... but it's still a little disheartening. The reason some Chiefs fans don't like the trade is because they believe the compensation involved was too steep.

It was initially reported that the Chiefs were giving up a second round pick in 2013 and a conditional mid-round pick in 2014. Now we're getting more details on what that conditional pick is.

According to Tim Kawakami of the Mercury News...

This is usually what "conditional" means. It's conditional on the player hitting a certain stat or the team winning a certain number of games. So if the Chiefs win X number of games next year, that pick will turn into a second. If they don't, it remains a third. I'd really like to know what X is.

None of this can become official until March 12 so there's still the tiny chance that somethings disrupts this. But it sure seems like it's going to happen.

Keep reading:

Alex Smith trade likely ends Matt Cassel era

The case AGAINST Alex Smith

The case FOR Alex Smith

Everything we know about the Alex Smith trade

Vote: Alex Smith approval poll

                                                                                                                                                                                                               

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