Reports: The Redskins to acquire QB Alex Smith from the Chiefs

According to multiple reports, including Terez Paylor from the Kansas City Star, the Washington Redskins and the Kansas City Chiefs may have agreed in principle on a trade that will send QB Alex Smith to Washington.   If true, well, the Kirk Cousins saga in Washington is coming to a close, as he will more than likely head to free agency or a trade from Washington.

Should the deal be finalized, it would all but assure that the Redskins will also look to the NFL Draft for a quarterback to learn behind Smith.

No word yet on what Washington gave up for Smith.  Reports are circulating that it involves players and draft picks.

The trade can not become official until March 14 at 3PM, which is the first day of the 2018-19 NFL season.

UPDATE:  Several sources are also reporting that Washington has agreed in principle to a four-year extension with Smith.  That would give Smith a five year deal in Washington, given he has one year left on his current contract.  Smith is 33 year-old and an extension would buy the Redskins time in developing a younger quarterback.

UPDATE:  Adam Schefter is reporting that Washington gave up a third round pick for Smith.

UPDATE:  Chris Mortenson is reporting that the four year extension will average $23.5 million for Smith with $70 million guaranteed.