Kansas City Chiefs Cut QB Matt Cassel, Get Alex Smith In Trade With 49ers
There's been some changes in Kansas City this week, when the Chiefs cut quarterback Matt Cassel and signed former 49ers starter Alex Smith.
As reported by ESPN.com, Cassel was cut Thursday (March 14) with two years left on his contract, following an announcement Wednesday (March 13) that Smith had been named the starter.
Cassel was the franchise's first major acquisition under previous general manager Scott Pioli, and he was quickly given the starting job and a six-year, $63 million contract. But after leading the Chiefs to the playoffs in 2010, the QB struggled to live up to the same expectations.
Two seasons ago, he suffered a season-ending hand injury, and then last season, lost his job to Brady Quinn after sustaining a concussion, spending the rest of the year as the backup.
Although his future in KC is gone, Minnesota and Arizona have reportedly expressed interest in him.
Alex Smith was dealt to the Chiefs on Wednesday from the San Francisco 49ers, after the Bay Area team gave second-year quarterback Colin Kaepernick the starting position late last season.
Smith says he's excited. "There was no doubt in my mind this is where I wanted to be. It wasn't close," he said. "Everything pointed here for me, and I'm excited about it."
The Niners will receive the Chiefs' second-round pick, 34th overall, and a conditional pick in next year's draft under terms of the deal, which could not become official until the start of the new league year on Tuesday.
New coach, Andy Reid, said Smith is, without a doubt, the team's starter.
"I'm going to tell you, every position we try to create competition," Reid said, "but I'll also tell you, Alex is the starting quarterback for the Kansas City Chiefs."
Under terms of the three-year contract he signed last March, Smith is guaranteed $8.5 million for the 2013 season, although Chiefs GM John Dorsey acknowledged that he is open to the possibility of signing Smith to a new deal.