This looks like a reasonable deal:
The #Raiders and CB Sean Smith agreed to a 4-year deal worth $40M, source said, with $20M guaranteed— Ian Rapoport (@RapSheet) March 10, 2016
After Janoris Jenkins got $12 million per year, we expected Smith to go above $10 million. And only a four-year deal? Surprising for the 29-year old corner.
The Chiefs were reportedly one of a few teams still involved. While the Chiefs have had a very good first day of free agency, this one hurts. Smith was their top corner last year and the Chiefs are now in a position where they probably need to add a veteran corner in free agency or a rookie in the draft. Marcus Peters and Phillip Gaines are currently the top two corners.
The Chiefs go from trying to sign Smith to playing him twice a year.