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Trey Smith contract projection: Chiefs will likely reset the NFL’s guard market

Kansas City Chiefs guard Trey Smith became the NFL’s highest-paid guard in unorthodox fashion this offseason when he received the franchise tag, earning him a one-year, $23.4 million deal.

The tag is expected to be a placeholder for Smith, who has until July 15th to reach a long-term extension with the Chiefs. That timeline is coming sooner and sooner, but many still expect an extension to get done.

Kansas City essentially elected to commit to the Pro Bowl guard this offseason, trading veteran Joe Thuney to the Chicago Bears as they faced a cap crunch.