Overview

• The Chiefs have until 4 p.m. ET on July 15 to convert Smith’s tag into a multi-year extension or leave him on the one-year deal.
• Any 2026 franchise tag would jump to about $28.08 million, or Smith could become an unrestricted free agent if no extension arrives.
• Analysts estimate Kansas City must guarantee roughly $51.48 million over two years to persuade Smith to forgo the immediate tag payout.
• Smith has publicly deferred contract decisions to his CAA Football agents and praised the Chiefs’ front office as talks heat up.
• After earning his first Pro Bowl nod and logging the fourth-most snaps among right guards last season, Smith’s retention is pivotal for protecting Patrick Mahomes.