The San Francisco 49ers have agreed to trade quarterback Alex Smith to the Kansas City Chiefs, league sources confirmed to ESPN.
Kansas City will trade its second-round pick in the 2013 draft -- the second selection (No. 34 overall) in the round -- as well as another conditional mid-round pick in 2014 to acquire Smith from San Francisco, a league source told ESPN.
The 49ers now own 15 picks in the 2013 draft.
As a result of the trade, the Chiefs are expected to release former starting quarterback Matt Cassel, league sources told ESPN. Cassel has two years remaining on a $63 million, six-year deal he signed with Kansas City after he was acquired in a trade from the Patriots in 2009. He failed to live up to the lofty contract, however, and was benched during the 2012 season.
http://espn.go.com/nfl/story/_/id/8...ee-trade-alex-smith-kansas-city-chiefs-source