2:30pm: Smith will see $46.75MM fully guaranteed, according to SI.com’s Albert Breer. That sits second among guards, trailing only Lindstrom’s $48.2MM number. Smith’s guarantee also checks in lower than what two franchise tags would have brought, but Kansas City was still able to finalize a deal before today’s deadline.
As the Chiefs reward the former sixth-round pick, they will use their Patrick Mahomes guarantee model. Smith secured a rolling guarantee structure, per Breer, who reports the Pro Bowl right guard’s $23.25MM 2027 base salary will become fully guaranteed on Day 3 of the 2026 league year. Smith’s $23.25MM 2028 base salary is nonguaranteed, but the 2027 structure effectively ensures he will collect three years’ worth of cash on this lucrative contract.
12:45pm: The Chiefs are finalizing a four-year extension with franchise-tagged right guard Trey Smith, according to FOX Sports’ Jordan Schultz.
The deal is worth $94MM with $70MM in guaranteed money, per NFL Network’s Ian Rapoport, keeping Smith as the highest-paid guard in league history. His $23.5MM APY is slightly more than his one-year franchise tag and resets the position’s market by $2.5MM after the Eagles gave left guard Landon Dickerson $21MM per year last offseason. Smith’s total guarantees of $70MM will also set a new record by $7MM, per OverTheCap, beating out Falcons right guard Chris Lindstrom.
News of the agreement comes mere hours before a 3pm CT deadline for tagged players to sign a multiyear deal. With a strong desire to lower Smith’s 2025 cap hit and lock him down for the foreseeable future, the Chiefs finally accomplished their biggest goal of the offseason. This comes three years after Kansas City failed to beat the buzzer with left tackle Orlando Brown Jr., but the team had eyed a Smith payday for a bit. The March Joe Thuney trade set this in motion, as the three-time reigning AFC champions swapped out one high guard salary for another.
Smith will be under contract through 2028, as will All-Pro center and fellow 2021 draftee Creed Humphrey, who signed a four-year extension last August. Arguably the best guard-center duo on the league, Smith and Humphrey are both the highest-paid players at their position and will form the bedrock of the Kansas City’s offensive line for years to come.
While the Chiefs are coming off a humbling loss in Super Bowl LIX — a game that saw its O-line struggle — the team had done well to reconfigure its O-line following the Buccaneers’ Super Bowl LV onslaught. This came via the Brown trade, the Thuney contract (five years, $80MM) and adding Humphrey and Smith in the draft. It will be on Smith and Humphrey to lead the way back following the Eagles’ blowout win.
The Chiefs also spent this offseason acquiring potential long-term left tackles to join Smith and Humphrey on the O-line, including veteran free agent signing Jaylon Moore and first-round rookie Josh Simmons. However, the team’s future at left guard and right tackle is less certain. 2023 UDFA Mike Caliendo is the most experienced guard on the roster with just three career starts, while right tackle Jawaan Taylor has struggled to live up to his $80MM contract and has no guaranteed money on his deal after this year.
Regardless of who he plays next to, Smith figures to be one of the best blockers in the league for the foreseeable future. He fell into the sixth round of the 2021 draft due to medical concerns about blood clots in his lungs, but earned the Chiefs’ starting right guard job as a rookie and never looked back.
The 25-year-old blocker has only missed one game due to injury in his four-year NFL career and was selected to his first Pro Bowl in 2024 after giving up only one sack in 1,288 total snaps, per Pro Football Focus (subscription required). PFF has rated Smith as a top-15 guard in each of his four seasons, and ESPN’s pass block win rate has slotted him sixth in run blocking in 2024 — after placing him fourth in pass protection in ’23.
Smith’s new contract is a final leap in a guard market that has exploded over the last few offseasons. Next up will be Cowboys Pro Bowler Tyler Smith, who is entering the final year of his rookie contract. He could approach Smith’s $23.5MM APY, but other guards up for new deals are either significantly older or significantly less-proven.