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#pounditSunday, October 25, 2020

Alex Smith gets four-year contract extension from Redskins

Alex Smith

The Washington Redskins clearly have a lot more confidence in Alex Smith as a quarterback than Kirk Cousins.

Word emerged via the Kansas City Star’s Terez A. Paylor on Tuesday that the Chiefs and Redskins had agreed to a trade involving Smith. The deal has two serious ramifications: Kansas City is moving forward with Patrick Mahomes as their quarterback, while Kirk Cousins will become a free agent.

Washington had spent the past couple of years unsure about what to do with Cousins and never wanted to commit to him longterm. They franchise-tagged him two years in a row, and now they will be letting him go. But what has to leave a chip on his shoulder is that Washington is giving Smith a four-year contract extension.

As ESPN’s Adam Schefter says, Washington will have Smith under contract for five seasons. He is said to be receiving over $70 million in guaranteed money.

Not only does Washington prefer to have Smith longterm over Cousins, but they also are giving up assets to Kansas City. Washington is sending a 3rd-round pick and reportedly a player to KC as part of the deal.

Smith is now under contract through the age of 38.

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