Kansas City, MO, United States (4E Sports) – Quarterback Alex Smith signed a four-year extension with the Kansas City Chiefs, though no financial information was released. Reports indicated the deal is worth $68 million.
Smith still has one year remaining in his existing contract that will pay him $7.5 million.
Chiefs GM John Dorsey said, “It was a priority of ours to get this deal done and keep Alex in a Chiefs uniform long-term.”
“Alex is a proven leader on and off the field. He is a special individual with a lot of ability, and we are fortunate to have him here,” Dorsey added.
Smith was terrific last season, throwing for a career-best 3,313 yards, with 23 touchdowns to seven interceptions.
Smith led the Chiefs to an 11-5 regular season record that led them to the playoffs.
The Chiefs lost in the first-round against the Indianapolis Colts, 45-44.
In their loss against the Colts, Smith set new franchise records in the playoffs with 46 attempts, 30 completions, 378 yards and four touchdowns.
Coach Andy Reid is happy about Smith’s extension, since the quarterback is working well with the team’s offensive scheme.
“He also, obviously, has had a tremendous amount of success as a quarterback in this league,” Reid added.
Smith was the first overall pick in the 2005 NFL Draft and was sent to the Chiefs after a trade with the San Francisco 49ers.