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Report: Chiefs looking to extend Alex Smith's contract

The Kansas City Chiefs want Alex Smith to stick around.

National Football Post reported Wednesday that the Chiefs will try to extend the quarterback's contract this offseason, according to a source.

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Smith has $7.5 million and one year remaining on his current deal, signed in 2012.

The Chiefs have reason to have faith in the 29-year-old quarterback who was acquired last year in a trade with the San Francisco 49ers. The Chiefs jumped from 2-14 to 11-5 this season with Smith under center. He followed that with a stellar performance last Saturday, throwing for 378 yards and four touchdowns in a narrow playoff loss to the Indianapolis Colts.

In three career playoff games, Smith has a 108.6 passer rating with nine touchdowns and zero interceptions. Teams led by Smith at quarterback have gone 30-9-1 in the past three seasons.

Bottom line, Smith is a bargain at his current rate and is due for a big raise. The Chicago Bears recently re-signed Jay Cutler to a multi-year deal that includes $54 million guaranteed in the next three years.

Smith is unlikely to cash in on that level, but we don't imagine he'll be complaining when negotiations are done.

The latest "Around The League Podcast" featured a special in-studio visit from Bears star Brandon Marshall.

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