Jason La Canfora of CBS Sports reported within the last hour that the San Francisco 49ers have told other teams around the NFL that "a deal for Alex Smith is effectively complete." While no deal can be made official until the 13th of March, we should begin to hear where Smith is heading and what the 49ers will be receiving as compensation.
eDraft has consitently indicated that Smith will end up with the Kansas City Chiefs, which seems like the most likely scenario at this point.
Gregg Rosenthal over at NFL.COM filed the following report earlier today.....
Everywhere I go in Indianapolis, I hear someone say that the Alex Smith-to-Kansas City Chiefs deal is all but done.
This fits perfectly with other reports that indicated that Kansas City was the team most interested in Smith. In addition, new Chiefs' general manager John Dorsey has gone on record saying that there really are no quarterbacks worthy of a first-round pick in April's draft.
Kansas City previously held talks with the Philadelphia Eagles for Nick Foles, but it doesnt' appear that the young quarterback is available at this point.
It only makes sense for Kansas City to go the veteran route as it relates to grabbing a quarterback. Smith would fit in extremely well with an offense that already has a ton of talented players. His addition would also help the Chiefs retain Dwayne Bowe, who has been without a decent starting quarterback since joining the NFL, outside of one solid season from Matt Cassel.
As it relates to compensation, I am still going to stay firm on a third-round pick in '13 and either a player (Glenn Dorsey and Tyson Jackson come to mind) or future considerations in lieu of said' player.
At the very least, San Francisco will acquire a pick no worst than in the third round. That's my story and I am sticking to it.
When on the field in '12, Smith was a borderline starting quarterback option in fantasy football. In fact, his average output per game was ahead of Joe Flacco, Eli Manning and Philip Rivers.
Give him the talent that Kansas City possesses and Smith could be a decent backup fantasy option. He will not, however, win you a whole lot of weeks as a starter in the standard one-quarterback leagues. That's just not his game at this point.
Nick Slegel and I will cover this story in depth tomorrow on eDraft Sports Radio from 3-5:30 PM ET in an extended version of our Monday show.