Alex Smith's current contract
Smith is due $7.5 million in 2014, the final year of his contract. The Chiefs can franchise tag him next year, probably for around $17 million per year.
The quarterback market is a funny one to figure out. When it was reported that Alex Smith was looking to be paid like a top tier quarterback, his wife said that wasn't true. Top tier quarterbacks are around $20 million per season. The next level down appears to be the $18 million per season group, which includes Jay Cutler and Tony Romo.
Would you give Alex Smith this contract?
Hypothetical time #Chiefs fans... 6 years, $100 million, 55 guaranteed for Alex Smith. You OK with that deal?— Danny Parkins (@DannyParkins) June 4, 2014