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.
Chiefs will try to extend QB Alex Smith in offseason
National Football Post | Jan 8