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Alex Smith trade is for two draft picks, according to report

The Kansas City Chiefs big trade is in. Alex Smith is heading to the Chiefs after the San Francisco 49ers agreed to trade him, according to Jay Glazer of Fox Sports. A new report has details on what the Chiefs will give up in the trade.

Mark J. Rebilas-US PRESSWIRE

The San Francisco 49ers have agreed to trade Alex Smith to the Kansas City Chiefs according to a report that is now being confirmed by multiple media outlets, including those in San Francisco. The Chiefs were believed to be the leaders in the clubhouse for a while now and it appears that was the case.

The next question is what kind of compensation the deal involves. It's still not completely clear but my first reaction to the report below is not a good one.

This is a significantly larger package than most people thought. One report on Wednesday morning from the Sacramento Bee had the "scuttlebutt" as a high fourth round pick, which is why I'm so surprised by this package. It seems awfully high, much higher than what the media reports would've had you believe.

That last tweet is also important. It's not March 12. The deal is not official, even if it has been agreed upon. Sorta like the time Andy Reid was the Cardinals head coach.

Update: Schefter adds "conditional mid round pick:

Keep reading:

The case AGAINST Alex Smith

The case FOR Alex Smith

Everything we know about the Alex Smith trade