It seems the Kansas City Chiefs will have a new starting quarterback.
On Wednesday, several media outlets, led first by Fox Sports, reported that the Chiefs have agreed to a trade with the San Francisco 49ers for veteran Alex Smith.
In the trade, Kansas City will send its second-round draft pick, No. 34 overall, in this April's NFL Draft, plus a future conditional draft pick, to the NFC Champions.
The first day of the NFL's new league year won't officially began until March 12, thus delaying the official announcement.
Smith, who was the first overall pick out of Utah in the 2005 NFL Draft, was the NFL's top-rated passer in 2012 before a November concussion knocked him out of the lineup.
After that, the hurler never received his starting job back as San Francisco rode Colin Kaepernick to the Superbowl.
The 28-year-old quarterback has thrown for 14,280 yards with 81 touchdowns and 63 interceptions in 80 career games.
As of now, the quarterback holds a one-year deal with a base salary of $8.5 million in 2013. There have been no known discussions between the Chiefs and Smith's representatives about negotiating a new contract.
As a result of the trade, the Chiefs will have to make a decision on current quarterback Matt Cassel, who has two years remaining on a $63 million, six-year deal he signed in 2009.