Kansas City Chiefs News: Alex Smith Signs Four-Year Extension Worth $68 Million

Kansas City Chiefs QB Alex Smith is in it for the continued booty afterwards signing a four-year extension. (Photo : Getty Images)

The Kansas City Chiefs assuredly accept adherence at the quarterback position as they active Alex Smith to a four-year arrangement extension, according to reports. The Kansas City Star letters that the accord is account a absolute of $68 million, $17 actor a year, with $45 actor in affirmed money.

Smith was acquired from the San Francisco 49ers aftermost division for two second-round abstract picks in 2013 and 2014. He led the Chiefs to an 11-4 almanac aftermost year, a nine-win turnaround from 2012. Instead of annoying about accident Smith to chargeless bureau afterwards this season, this accord keeps him in Kansas City until 2018.

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"It was a antecedence of ours to get this accord done and accumulate Alex in a Chiefs compatible long-term," Chiefs accepted administrator John Dorsey said in a statement. "Alex is a accurate baton on and off the field. He is a appropriate alone with a lot of ability, and we are advantageous to accept him here."

Smith, 30, threw for career-highs of 3,313 yards and 23 touchdowns in his aboriginal division with Kansas City. The Chiefs were alone in the aboriginal annular of the playoffs in a 45-44 accident to the Indianapolis Colts, admitting Smith played awfully able-bodied with playoff-game authorization annal of 378 yards, four touchdowns, 30 completions and 46 attempts.

"Alex is a smart, accomplished football amateur that has acclimatized able-bodied to our abhorrent scheme," Chiefs drillmaster Andy Reid said. "He also, obviously, has had a amazing bulk of success as a quarterback in this league. We as a aggregation are actual blessed to accept Alex as our quarterback affective forward."

Kansas City hopes Smith will eventually be able to advance the aggregation to its aboriginal playoff win in 20 years.