The Jets announced Monday that Smith, the No. 39 overall pick in the 2013 NFL Draft, signed on the dotted line. The Associated Press reported Smith's four-year contract is worth about $5 million. The contract might get closer scrutiny than most because Smith is represented by Jay Z's new agency, Roc Nation, but ultimately these rookie deals are cookie-cutter contracts with little meaningful variation.
We caution everyone to remember that it's mid-July. Smith hasn't started writing his rookie story, and he deserves some patience. The Jets drafted him because Sanchez hasn't gotten the job done as a starter, and that fact is unlikely to change.