All day, reports have been circulating that the 49ers have reached a deal to trade Alex Smith, but neither the other team nor what the 49ers are getting in return has been revealed.
Now, we are 99 percent certain that the Chiefs have acquired Alex Smith, per the NFL Network.
We are also able to report that the 49ers will receive two draft picks — a third-rounder (63rd overall) and a late-round pick — in the upcoming NFL Draft from the Chiefs.
This is according to Pro Football Central, who also states in their report that the 49ers are looking into using those picks to trade for wide receiver Percy Harvin of the Vikings. Harvin has been involved in trade rumors in past months, and the 49ers are one of the teams that are interested.
Despite all the news today, the Smith trade will not be made official until March 12, when the dealing period begins.
Smith was the No. 1 overall pick in 2005 by the 49ers, but struggled mightily in his first couple seasons.
That all changed in 2011, when the 49ers brought in Jim Harbaugh as head coach. Smith flourished under Harbaugh, putting up career numbers and leading the 49ers to the NFC Championship game where they fell to the Giants.
He was their starting quarterback in 2012 until he suffered a concussion in Week 11, allowing Colin Kaepernick to take over and excel. Kaepernick led the 49ers all the way to the Super Bowl, while Smith watched from the sidelines.
We will have much more on this potential Alex Smith trade, and will alert you if and when it is officially announced.