Thats gold Jerry, gold!

I'd rather cut him or trade him personally.

Excellent plan! Take his groupies too.

Thought the Cap was $130 million this year?

Smith's value in Dorsey's estimate is probably $ 12 million. That would leave enough for, say, a defense or something crazy like that.

If he doesn't sign an extension before the draft it will be telling if the Chiefs don't draft a prospect at some point. If they don't I'd imagine they think they have something in Tyler Bray.

Not at 20 mill a year for a average starting QB. No thanks

$12M would be WELL below market value.

Yeah, I'm sure they're going to let him walk after giving up two picks for him.

Depending on how much he wants, they might have to.

Honestly, it's a tough situation for the Chiefs. They don't have too much cap space and they have other guys that need extensions right now.

If they can't get a deal done with him and he goes out and explodes next year, they might not be able to afford him.

If he tanks, they'll be able to afford him but they might not WANT him anymore.

He will likely be our QB as long as Andy Reid is here, so we may as well get him cheaper if we can.

I think they'll have a deal done by camp. Smith's their centerpiece. And I think he's one of that ever-more-rare group of guys who'd be willing to do a team-friendly contract (not to be misread as a discount deal). I think whatever holdup there is now (if there is one) is probably more about determining the general cap situation, and the more names disappear off the market, the closer Smith's deal comes to fruition.

It actually wouldn't surprise me if his extension is announced completely out of the blue on some random day in the next couple of months. Just because we're not hearing much doesn't mean there isn't much going on...

Totally agree with all of this.

Ultimately, this is why you trade for a guy like Alex Smith instead of a guy like Jay Cutler...

I for one hope Reid is here A LOT longer than Alex Smith. Just saying...

Rule #1 of the nfl - get a franchise QB.

I don't love Smith or Reid but they are perfect for each other. You have no option but to pay him. Once you have your QB the rest is relatively easy. If you don't have the QB you spend your time and money ineffectively trying to patch your QBs shortcomings.

I did the math again. Got the same numbers.

But he only did well because the other team had their backup QB in!