Though the two sides had been bantering back and forth since March, the Kansas City Chiefs and Quarterback, Alex Smith, came to a deal Sunday that has to be a relief to both parties. Per Terez Paylor of the KC Star, the four-year $68 million extension signed on Sunday includes $45 million in guarantees.
However, we've learned the contract includes a $30M guarantee largely suggesting the Chiefs can get out of this contract with relative ease after the 2015 season.
During negotiations, Warpaint Illustrated learned Smith wasn’t as concerned about the long term value of the contract but wanted to make sure the guaranteed dollars fit within the parameters of other NFL starting quarterbacks.
During negotiations, Smith has taken the high road in contract talks, and stressed if it ever became a distraction, he’d cut off talks immediately. Though Smith would never admit it publicly, his overall performance in the exhibition season, seemed lacking in both productivity and red zone efficiency.
To be fair, I doubt Smith’s struggles in the pre-season were tied to the limbo status of his contract, but I’d have to say, it looked like it played a factor in his August performance. However, that matters very little at the moment.
What is of significance for Smith and the Chiefs is this deal finally got done and Kansas City has themselves a Top Ten quarterback under contract for the forceable future.
For Smith, he has to earn the increase and pay on the field. It might not be a banner 2014 season for Smith, who will have to deal with an inconstant and developing offensive line, but he still has plenty of offensive tools at his disposal.
In getting this deal done, Kansas City Chiefs General Manager, John Dorsey, deserves credit for locking up Smith, as well as extending the contract of Running Back, Jamaal Charles and locking down Wide Receiver, Dwayne Bowe a year ago.
That tells me that he understands the value of keeping his high profile, productive players in Kansas City for the long term.
With Smith’s deal done, its possible Dorsey, will move closer in signing linebacker, Justin Houston under contract over the next couple of months. If he can do that, the Chiefs will position themselves to be major free agent players in the off-season. In fact, with some cap space and no marquee contracts they have to deal with next year, Kansas City could fill any gaps that develop over the 2014 season.
WARPAINT ILLUSTRATED MESSAGE BOARDS:
Was this a good move by the Chiefs to sign Alex Smith long term?
For all the news, notes and quotes on the Chiefs, visit WarpaintIllustrated.com