Alex Smith worth a 3rd round pick+player

[Au165]

The issue is that they gave Smith $71 Million Guaranteed on the 4 year extension. They are truly locked in as that is the 3rd most guaranteed money ever given in NFL history. The trade is what it is, but the extension is where the Redskins got crazy. As for what it means to the market, I'd say it tells other QBs they are going to get paid pretty well.