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Alex Smith and Chiefs agree to 4-yr deal.

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The Kansas City Chiefs and Alex Smith have agreed to terms of a four-year contract extension that would keep him as their quarterback for the long term, sources told ESPN on Sunday.

Alex Smith has one of the NFL's top win percentages by a quarterback over the last three seasons (minimum 40 games). He joins some big names on that list, including Aaron Rodgers and Tom Brady.

QB Win Pct Last 3 Seasons A. Rodgers .775 T. Brady .771 A. Smith .763 D. Brees .646 -- ESPN Stats & Information


Various media reports have the extension worth about $68 million. The Kansas City Star was the first to report the news.

The Chiefs acquired Smith last year in a trade with the San Francisco 49ers. The Chiefs gave up second-round draft picks in 2013 and 2014.

The Chiefs now have their franchise tag to give to linebacker Justin Houston after this season. Houston has just one year left on his current deal. If Houston and the Chiefs don't get a deal done, the tag would be a likely option.

Smith threw for a career-best 3,313 yards and 23 touchdowns last year in his first season as the Chiefs' starter. Smith, 30, had one year left on a contract that was set to pay him $7.5 million this season.

Though the Chiefs lost in the first round of the playoffs last season, Smith set playoff-game franchise records with 46 attempts, 30 completions, 378 yards and four touchdowns in the 45-44 shootout against the Colts. 

Smith has done particularly well protecting the ball over the past three seasons, as only 1.5 percent of his passes have been intercepted, according to ESPN Stats & Information. That is tied for the best mark in the NFL over the last three seasons with Aaron Rodgers.

Information from ESPN NFL Insider Adam Schefter and Field Yates was used in this report.

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