Extension Candidate: Alex Smith

Raise your hand if two years ago you thought Alex Smith would be in position to ask for a contract with an average annual value of about $18MM. Okay, now stop lying and put your hand down.

After a revitalizing season with the Chiefs last year that brought about his first Pro Bowl invitation, Smith is entering the final year of his contract and the Chiefs would like to keep him off the open market. That could be easier said that done. Earlier today, Ed Werder of ESPN.com reported that there has been “very little dialogue” between the two sides on a fresh contract. Head coach Andy Reid seems to think that they could get something done, but Kansas City is understandably reluctant to give Smith a deal similar to the one Jay Cutler got from the Bears. Cutler’s new seven-year deal gave him an AAV of $18.1MM, and that could be too rich for KC’s blood when it comes to the former No. 1 overall pick.

Jason Fitzgerald of Over The Cap looked at Smith’s case and weighed him against Cutler and Tony Romo. There are few areas – outside of win percentage – that favor Smith in a matchup with Romo when considering the Dallas QB’s completion percentage, touchdown/interception ratio, and other vitals. However, Smith and Cutler do appear to be a much stronger match. Neither guy is a slam-dunk franchise QB but both men have found success (even when it’s not pretty) and in a league with few quality options, they have to be considered premium talents. Ultimately, Fitzgerald concludes that an $18MM per year asking price is not outlandish based on what he done the last few seasons and I’m inclined to agree.

Do you think Smith is deserving of that type of deal? Cast your vote below and let us know in the comments section.

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