According to CBS Sports NFL insider Jonathan Jones, the Chiefs' star right guard is signing a four-year, $94 million extension that includes $70 million guaranteed. Smith's new AAV of $23.5 million makes him the highest-paid offensive guard in the NFL.

Trey Smith was taken in the sixth round of his draft class due to health concerns. Now, he is the highest paid guard in NFL history.

Jordan Schultz of Fox Sports reported the reigning AFC champions are nearing a four-year deal with Trey Smith that would make him the top-paid offensive guard in NFL history. They offered him the franchise tag in February, which guaranteed him $23.4 million, and that gave the two sides until July 15 to work out a multiyear pact.