The Kansas City Chiefs will try to extend the contract of quarterback Alex Smith this offseason be-fore he begins the final year of his current deal, a source said Wednesday.
Smith led the Chiefs as they went from 2-14 in 2012 to an 11-5 record and playoff appearance this season. He has one year left on a three-year deal he signed in 2012. The final year is worth $7.5 million, all of that in base salary, making Smith vastly underpaid compared to other quarter-backs of his experience and ability.
For example, Jay Cutler signed a seven-year, $126.7 million contract last week with Chicago. That deal included $54 million guaranteed in the first three years.
Smith finished the season a quarterback rating of 89.1, the third best of his nine-year career. In addition, Smith has helped the Chiefs and San Francisco to a 30-9-1 record in his regular-season starts over the past three years. Those teams have made the playoffs each season, although Smith was replaced by Colin Kaepernick in San Francisco midway through last season.
Follow me on Twitter @JasonPhilColehttp://www.twitter.com/jasonphilcole
Check out our partners at TiqIQ for the best deals on all games on the 2014 NFL schedule.
AUG 22 Ari Nissim
Ten players closing in on lucrative new paydays.
AUG 22 Joel Corry
Considered by many as a ‘red flag prospect’ during draft season, the Cincinnati linebacker continues to prove people wrong.
AUG 19 Jesse Lawrence
Seahawks, 49ers tickets lead most expensive Rivalry Game premiums on secondary market