The Kansas City Chiefs are looking to extend Alex Smith before the start of next season, the final of his current contract. He is owed 7.5 million in base salary for 2014, but if the Chiefs and Smith reach an agreement, that number should go up. Smith and head coach Andy Reid led a huge turnaround in Kansas City this year, they finished 11-5 with a playoff appearance after a 2-12 finish in 2012.
While Smith had a shaky start to his career, he has come back strong going 30-9-1 when starting the last three seasons. Kansas City had an early exit from this year's playoffs, but it was not due to Smith, who had a 4 touchdown 378 yard performance for the injury plagued Chiefs.
We've recently seen a seven year 126 million dollar deal for Jay Cutler, but don't expect those kind of numbers for Smith. A long term deal may be in the works, but even if Smith has somewhat shed his "game manager" status, he is not considered a quarterback who can take over a big game on his own.
Still, Andy Reid and Smith have the Chiefs moving in the right direction and it makes sense to ink Smith to a new deal. Jamaal Charles remains the backbone of the offense and if Smith can play mistake-free ball, the Chiefs should be contender again next year.
For fantasy purposes, Smith should only be taken as a mid to low QB2. His biggest upside is the screen game and dump off passes to Charles who can break one at any time. With the right matchup, Smith is an adequate, if not exciting, bye-week replacement.