The Kansas City Chiefs and franchise-tagged guard Trey Smith are finalizing a four-year, $94 million extension, NFL Network reported Tuesday.
The deal reportedly includes $70 million guaranteed for Smith, 26, the highest-paid guard in the league.
A Pro Bowl selection at right guard in 2024, Smith was set to earn $23.4 million for 2025 on the franchise tag. The two sides faced a Tuesday deadline to work out a long-term extension to override the one-year deal.
A sixth-round draft steal in 2021, Smith has started 80 games — 13 in the playoffs. He has only missed one game through four seasons and is a two-time Super Bowl champion.
The only other NFL player who received a franchise tag this offseason was Cincinnati Bengals receiver Tee Higgins, who agreed to a four-year, $115 million extension in March.