A deal is reportedly in place for the San Francisco 49ers to trade quarterback Alex Smith.
Jason La Canfora of CBSsports.com reported Sunday that a trade for Smith is “effectively complete,” but cannot be finalized until the league year officially begins on March 12.
The Kansas City Chiefs are presumed to be the frontrunners for the displaced Smith’s services. Smith has two years left on his current contract, and is set to cash $8.5 million this season, including a $1 million roster bonus. He is to make $7.5 million in 2014.
Steve Mikkelson, sportsbook manager at the Atlantis Casino in Reno, Nevada, currently has the Chiefs at 50/1 in his NFL futures and says the potential acquisition of Smith wouldn’t improve those odds.
“He (Smith) isn’t a top 20 quarterback in the league,” Mikkelson told Covers. “There are only a handful of teams he would be a starter for next season.”
Jay Rood, sportsbook director for the MGM Mirage in Las Vegas, has a different view on Smith.
"They (Chiefs) have already been bet down from 150/1 to 50/1 when Andy Reid was named the new head coach," Rood told Covers. "If Smith ends up there they would probably fall to 40/1.
The 28-year-old has thrown for 14,280 yards with 81 touchdowns and 63 interceptions in 80 career NFL games.