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Source: 49ers will trade QB Alex Smith

Image: San Francisco 49ers QB Alex Smith (© Derick E. Hingle/USA TODAY Sports)
Alex Smith completed 70.1 percent of his passes last season.
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Jay Glazer

Jay Glazer is one of NFL's top insiders. In addition to providing breaking news, columns and video, he appears weekly on "FOX NFL Sunday." Visit Jay's exclusive page for hot scoops and watch MMAthetics and The After Party.

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The Kansas City Chiefs have pulled off the offseason’s first blockbuster trade.

NFL calendar

CIRCLE THE DATE

Now that the NFL's 2013 calendar year has begun, here's what fans have to look forward to.

The Chiefs have completed a deal with the San Francisco 49ers for quarterback Alex Smith, FOXSports.com has learned. Multiple reports cite that the 49ers will receive a second-round pick in the 2013 draft, which will be the second selection (No. 34 overall) in the round, and another conditional mid-round pick in 2014.

While the compensation is unclear, the Chiefs have made a significant commitment to Smith as their franchise quarterback.

The trade, which can't officially be made until March 12 when the new league year begins, is the first domino to fall in what is expected to be a very active NFL offseason market.

Smith, who sustained a concussion in Week 10 against the St. Louis Rams, was replaced on the depth chart by second-year quarterback Colin Kaepernick. He didn't start another game for San Francisco.

In 2005, San Francisco selected Smith as the No. 1 overall pick. Although he didn't have immediate success, Smith has been able to rebrand himself over the last two seasons under head coach Jim Harbaugh.

Until Smith was shelved due to injury, he led the league with a 70 percent completion rating and was efficient in Greg Roman's offensive schemes. He could prove to be the steady hand that new Chiefs head coach Andy Reid needs to pilot his West Coast offense.

Tagged: Alex Smith, Chiefs, 49ers

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