Alex Smith won't be the next quarterback of the Bills.
The Kansas City Chiefs have reached an agreement to trade Smith to the Washington Redskins, according to a report in the Kansas City Star.
NFL Network's Ian Rapoport reported that the Chiefs will get a 2018 third-round pick and cornerback Kendall Fuller, who was a 2016 third-round pick.
As part of the deal, Smith agreed to a four-year contract extension worth $94 million, including $71 million in guaranteed money, according to Rapoport.
Smith was entering the final year of his contract with the Chiefs, and he has a cap number of $20.6 million for 2018. By trading him, the club stands to save $17 million. With the extension, Smith is tied to the Redskins for five years.
The deal means that Kirk Cousins won't be in Washington and will become a free agent. The Redskins had to decide whether to again use the franchise tag on Cousins.
The deal cannot be completed until the new league year begins March 14, but The Star sources says the deal will proceed at that time.
Last week at the Pro Bowl, Smith said he likes Kansas City and wanted to stay, but acknowledged that would not be his choice.
“I don’t know that this is limbo, but if this is, it (stinks),” Smith told the Star. “But the one (good) thing is knowing that you put a good product out there, you feel good about it, and you know that hopefully, if it comes to (a trade), there is some place (for you).”