Coachnorm
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Smith was able to rework the final two years of his contract and stay with the 49ers. According to a source, Smith will make $4 million a season in 2009 and 2010, in addition to base salaries that weren't immediately made known. In his previous contract, he was scheduled to make $24.6 million in the final two years.
Sometimes you have to do what you have to do. Not a bad deal, a lot of cap relief for the Niners compared to cutting him as a cap casualty. Smith ends up getting good money for maybe being a clipboard holder. Smith also stays with a team that may give him his best shot at being a starter.
San Francisco 49ers, Alex Smith rework contract - ESPN
Sometimes you have to do what you have to do. Not a bad deal, a lot of cap relief for the Niners compared to cutting him as a cap casualty. Smith ends up getting good money for maybe being a clipboard holder. Smith also stays with a team that may give him his best shot at being a starter.
San Francisco 49ers, Alex Smith rework contract - ESPN