BREAKING: Alex Smith Traded to Redskins

The Kirk Cousins era has ended in Washington, D.C.  It has been reported that a trade has been agreed upon between the Kansas City Chiefs to send veteran quarterback Alex Smith to the Redskins for a third round pick in the 2018 draft and an unnamed player.

Smith is scheduled to make just north of $20 million in 2018.  With this move, the Kansas City Chiefs will save $17 million against the salary cap.

According to Adam Schefter, the Washington Redskins and Smith have agreed to a four year extension.  This extension will keep Smith in Washington for the next five years and give the Redskins stability at a position where they desperately need it.

Alex Smith will average $23.5 million per year in new money on the four-year extension with approximately $70 million in guaranteed money on the agreement between the two sides, per @mortreport. There is no official contract or paperwork so agreement in principle right now.

— Adam Schefter (@AdamSchefter) January 31, 2018

The trade and contract extension cannot be finalized until the start of the league new year at 3:00PM on March 14th.

Su’a Cravens was reported by several beat writers to be apart of the Smith deal, but after some digging and more reliable sources, it was reported it was not Cravens.

We will see how this effects the Redskins spending on free agents and whether they try to bring Bashaud Breeland back.  You can never be 100% sure in the NFL about anything until it happens, but as of tonight, the Redskins will most likely not be drafting a quarterback with their 13th overall pick.

Reaction from Redskins players:

pic.twitter.com/hkL8VjoJyH

— Chris Thompson (@ChrisThompson_4) January 31, 2018

👀

— *Joshua R. Norman (@J_No24) January 31, 2018

pic.twitter.com/bu1Zq1oS3f

— Preston Smith (@PrestonSmith94) January 31, 2018

👀👀

— Martrell spaight (@spaight1) January 31, 2018

Bro Go Ball Out Bro!! I hate To See Stuff Like This Bro You graded Out As The Best On The Team with a 90’and you get traded?? Good luck lil bro go do #Numbers https://t.co/7sWnslMXSO

— DJ Swearinger (@JungleBoi_Swagg) January 31, 2018

It’s been a pleasure, my friend @KeFu11er

I have a lot of respect for you. The Chiefs are getting a hell of a player. Because what you do, leading up to Sundays, is what makes you special

Talent is everywhere. But not the intangibles a guy like you brings to the table

— Will Compton (@_willcompton) January 31, 2018

Damnnnnn

— Mason_Foster (@Mason_Foster) January 31, 2018

First reported by Terez A. Paylor:

Sources tell The Star that the Chiefs have reached an agreement to trade Alex Smith to Washington. The story: https://t.co/vlNuGMAlVS

— Terez A. Paylor (@TerezPaylor) January 31, 2018

UPDATE:

According to several reports, including our very own JW Gravley, the Redskins have traded Kendall Fuller to the Chiefs for Alex Smith.

Me on Twitter after tweeting all that then finding out i got traded! 😂 pic.twitter.com/YHhCzzcsZj

— Kendall Fuller (@KeFu11er) January 31, 2018