After rumors that the San Francisco 49ers had a deal in place for quarterback Alex Smith, and then that the Arizona Cardinals had interest as well, the Niners and the Kansas City Chiefs have agreed to a trade that will send Smith to the Chiefs in exchange for draft picks.

After the initial report, it was then revealed what exactly the Chiefs are giving up. They give the Niners a second rounder in this year's draft and a conditional pick in 2014. It is a third rounder that could become a second rounder.

Of course, the trade cannot actually take place until March 12, when the new league year begins.