
Trey Smith's Groundbreaking Extension: What It Means for the Chiefs' Salary Cap
2025-07-15
Author: Wai
Kansas City Chiefs Score Big with Trey Smith's Extension
In a game-changing move, the Kansas City Chiefs have secured their franchise-tagged guard Trey Smith with a stunning four-year extension just before the deadline. Rather than settling for a hefty $23.4 million on the franchise tag, Smith has inked a jaw-dropping $94 million deal that solidifies his position as the highest-paid guard in NFL history.
Financial Breakdown of the Landmark Deal
As reported by Mike Florio of NBC Sports, this contract sets Smith up to remain a Chief through 2028, with an impressive $46.75 million guaranteed over the next two seasons alone. For the upcoming season, he is set to earn a $10 million base salary, bolstered by a remarkable $17 million signing bonus. Additionally, a fully guaranteed $19.75 million base salary awaits him in 2026.
Cap Impact: What to Expect
Smith's deal brings a salary cap charge of $14.25 million for 2025 and an even heftier $24.25 million hit in 2026. The contract has also guaranteed him a $23.25 million base salary for 2027, which becomes fully vested early in the 2026 league year. Additionally, Smith can snag a $250,000 workout bonus in each of the next three offseasons, putting him on a trajectory for a staggering $70.5 million over the next three years.
Looking Ahead: 2028 and Beyond
While the final year of the agreement, 2028, comes without salary guarantees, should Smith remain a Chief, he’ll enjoy another $23.25 million base salary along with an opportunity for a workout bonus. If he plays out the entire contract, expect him to re-enter the free agency market in 2029, just shy of his 30th birthday.
Chiefs' Salary Cap Strategy Under Scrutiny
The deal has raised eyebrows regarding the Chiefs' salary cap strategy. General manager Brett Veach aimed to align with the usual four-year contract precedent of two fully guaranteed seasons, yet the Chiefs opted for a more frontloaded structure than anticipated. This could significantly ease Smith's previous 2025 cap hit of $23.4 million, which had the potential to be slashed to below $7 million.
The Big Picture: What’s Next for the Chiefs?
As the Chiefs navigate their already complex 2026 salary cap situation, eyes will be on Veach and his next moves. Will he focus on extending standout cornerback Trent McDuffie, or target other adjustments? One thing is clear: Trey Smith's extension is set to make waves in Kansas City and beyond.