A report from ESPN’s Adam Schefter says Kansas City has signed free agent cornerback Sean Smith to a three-year contract.
Financial terms of the deal have not been released.
Chiefs gave former Dolphins CB Sean Smith a three-year deal.
— Adam Schefter (@AdamSchefter) March 14, 2013
A former second round draft pick, the 25-year-old Smith could easily fill the role left by Brandon Carr when he left for the Dallas Cowboys last season. He has five career interceptions and three forced fumbles on 41 passes defended, while having experience playing on both the right and left side of the defense.
Signing Smith is a huge get for the Chiefs after the Denver Broncos signed former New England Patriot wide receiver Wes Welker to a two-year contract yesterday evening. Smith and Brandon Flowers would go a long way towards slowing down the Broncos passing attack. If Kansas City is also able to add one of the upper end cornerbacks in the draft then the secondary will turn into one of the Chiefs strengths when considering the addition of Dunta Robinson to player like Eric Berry, Flowers, and Kendrick Lewis.
UPDATE #1: Here are the early financials on Smith’s deal.
Early returns on #Chiefs Sean Smith’s 3-year deal: 3 years, $18 million 11 guaranteed. Won’t have breakdown for a bit, though…
— Ian Rapoport (@RapSheet) March 14, 2013
– According to Spotrac, the Chiefs are in good shape salary cap wise to add a few more free agents before the NFL Draft. Kansas City has an estimated $10.861 million in cap space available in addition to $14 million in rollover cap space from the 2012 season to use should the Chiefs need to press the issue a little bit.
Looking forward, Jon Asamoah, Brandon Albert, Javier Arenas, Tyson Jackson, Kendrick Lewis, Dexter McCluster, and Tony Moeaki are free agents in 2014. The Chiefs may want to discuss extensions with Asamoah and Albert but everyone else on the list would appear to be replaceable.